The semiconductor sector is facing growing pressure, threatening the global economy as a whole. The industry that produces the computer chips powering the digital world requires vast resources to operate efficiently, including critical minerals and large amounts of energy. With the war being waged by the United States and Israel in Iran, these supply chains are facing significant disruptions. Although...

The euro fell in European trading on Friday against a basket of global currencies, deepening its losses for the fourth consecutive day against the US dollar and hitting its lowest level in four months. The single European currency is on track for a second straight weekly loss due to the global energy price crisis and its negative impact on the...

The Japanese yen declined in Asian trading on Thursday against a basket of major and minor currencies, extending losses for the third consecutive day against the US dollar and hitting a two-month low as investors continued buying the US currency as a preferred safe-haven asset amid escalating military confrontations in the Middle East. Global oil prices surged again above $100...

The Japanese yen fell in Asian trading on Friday against a basket of major and minor currencies, deepening its losses for the fourth consecutive day against the US dollar and hitting its lowest level in 20 months. The currency is heading toward a fourth straight weekly loss as investors continue buying the US dollar as a preferred safe-haven asset amid...

06:44 AM EDT, 07/02/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mostly lower hours before Tuesday's opening bell. Tesla (TSLA) fell by 1.5% in premarket activity, offsetting a portion of its 6.1% increase from the previous session. Nvidia ( NVDA ) declined 1.2% hours before market open, swinging from a 0.6% increase at Monday's close....

With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects MSC Industrial Direct Co., Inc ( MSM ). to report quarterly earnings at $1.50 per share on revenue of $1.01 million before the opening bell, according to data from Benzinga Pro. MSC Industrial Direct...

July 1 (Reuters) - Trump Media & Technology Group ( DJT ) , which owns social media platform Truth Social, said on Monday it has been added to the Russell Indexes as part of their annual reconstitution. The Russell Indexes include the Russell 1000 index of large-cap stocks and the Russell 2000 index of small-cap names, which together make up...

05:55 AM EDT, 07/02/2024 (MT Newswires) -- U.S. crude oil inventories are expected to drop by 10.9 million barrels in the week ended June 28, compared to a 3.6-million-barrel increase in the previous week, Macquarie strategists said in a Friday note. This would result in the total U.S. crude balance becoming modestly tighter than anticipated, Macquarie said. Among net imports,...

The IT city is facing the worst of floods and social media is flooded with visuals from Bengaluru as residents expressed their anger, opinions, and interesting takes online.

”If you’re watching television, the TV screen will flash the warning message and there will be audio too. If you’re listening to a song on the radio, it will be cut short and the alert will be aired. This will be done very shortly,” the official said.

Erratic patterns of rainfall, heatwaves, storms, floods, and other consequences of climate change are threatening our genetically similar food crops. The way out is to introduce genetic diversity, but that's easier said than done.

Utimaco provides a Public Warning System (PWS) that sends alerts and warnings within seconds to every cell phone in an area affected by a catastrophic situation without the need for mobile numbers and irrespective of the congestion in the telecom network.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...

TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...

(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...

05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...

The United States Senate passed a resolution on Tuesday to scrap a de facto ban preventing the nation’s banks from offering crypto custody services. The vote drew cautious optimism from Bitcoin’s most fervent supporters online and in Congress, who are still wary of a likely veto by the presidential office. Will Crypto Banking Be Possible In The US? As voted...

The first month after the Bitcoin halving last month has been uneventful. However, this might change soon as CryptoQuant observed a serious spike in the volume of stablecoins entering the market. Interestingly, there are significant jumps in stablecoin inflows at various points, often corresponding with movements in bitcoins price. Surge in Liquidity Signals Strong Bullish Trend Bitcoin witnessed a significant...

Coinbase became arguably the most important crypto player in the US this year as numerous ETF providers, including BlackRock, chose the platform to serve as custodian to their Bitcoin exchange-traded funds. Adding the overall bull run for the entire market resulted in positive price movements for its shares, which jumped to over $250 earlier this year. However, COIN dumped hard...

Decentralized blockchain network Internet Computer Protocol (ICP) has released a new roadmap for driving decentralized artificial intelligence (DeAI) and chain fusion in the web3 space. According to an official statement sent to CryptoPotato, ICP is unveiling the Year 4 Internet Computer Roadmap to celebrate the third anniversary of its mainnet launch. ICP Releases New Roadmap The new roadmap summarizes three...