The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...

The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....

The Australian dollar rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...

04:48 PM EDT, 06/28/2024 (MT Newswires) -- US benchmark equity indexes closed lower Friday as markets assessed a report showing consumer spending rose less than expected in May. The Nasdaq Composite fell 0.7% to 17,732.6, while the S&P 500 lost 0.4% to 5,460.5. The Dow Jones Industrial Average dropped 0.1% to 39,118.9. Communication services posted the steepest decline among sectors,...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Futures up: Dow 0.18%, S&P 500 0.11%, Nasdaq 0.04% July 1 (Reuters) - U.S. stock index futures edged higher on Monday ahead of manufacturing PMI data, with focus also on U.S. labor market numbers later in the week that...

05:01 PM EDT, 06/28/2024 (MT Newswires) -- US equity indexes ended mixed in a week in which technology, energy, and financials were top performers as investors evaluated conflicting macroeconomic data to gauge the path ahead for interest rates. * The Dow Jones Industrial Average closed at 39,118.86 on Friday versus 39,150.63 a week ago. The Nasdaq Composite closed at 17,732.60...

NEW YORK, June 28 (Reuters) - A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S. government bonds out of a narrow trading range. Yields on benchmark U.S. 10-year Treasuries, which move inversely to bond prices, have bounced between about 4.20% and 4.35% since mid-June, as the market digested data showing slowing...

SAN FRANCISCO (Reuters) - For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different.  About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called generative artificial...

Aug 7 (Reuters) - Industrial materials maker Entegris Inc ( ENTG ) said on Wednesday it has entered into a long-term supply agreement with chipmaker ON Semiconductor to provide technological solutions to help manufacture silicon carbide (SiC)-based semiconductors. WHY IT'S IMPORTANT The surge in adoption of artificial intelligence applications has thrust semiconductor manufacturers into the spotlight. Chipmakers are among the...

Aug 7 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** U.S. private equity firm KKR&Co ( KKR ) plans to help Japan's Fuji Soft go private under a management buyout worth about $4.09 billion, the Nikkei website said. ** British ad group WPP ( WPP ) is selling its controlling stake...

SAN FRANCISCO, Aug 7 (Reuters) - For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called...

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

GE Vernova Inc. ( GEV ) said Tuesday it will supply eight 6MW-164m turbines to Prokon Regenerative Energien eG to repower a wind farm in the Fleetmark community of Sachsen-Anhalt, Germany. The machines will be built at GE Vernova’s Salzbergen facility. The order was booked in the second quarter of 2025 and underscores the company’s “Workhorse Product Strategy” for onshore...

WASHINGTON (Reuters) - President Donald Trump said on Tuesday that the U.S. and China have a deal that will keep the short-video app TikTok operating in the United States, transferring its U.S. assets to U.S. owners from China's ByteDance, potentially resolving a saga that has lingered for nearly a year.  A deal on the popular social media app, which counts...

MILWAUKEE--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Artisan Partners Limited Partnership (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...

09:27 AM EDT, 09/16/2025 (MT Newswires) -- Shimmick ( SHIM ) said Tuesday it has been selected for award on two new contracts with a combined value of about $78 million for transportation projects in California and Washington. The company said it was selected for the $29.6 million Santa Monica Pier bridge replacement project, for which work is slated to...

There were several important developments in the startup space during the day on Monday. Here are the top stories that made headlines in the startup universe.

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.

Chingari has raised $19 million to offer cryptocurrency as a means of monetisation for creators and users on its platform.

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.