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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 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 rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

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03:43 PM EST, 01/29/2025 (MT Newswires) -- Energy stocks edged up late Wednesday afternoon, with the NYSE Energy Sector Index increasing 0.4% and the Energy Select Sector SPDR Fund (XLE) up 0.3%. The Philadelphia Oil Service Sector index shed 0.2%, and the Dow Jones US Utilities index added 0.3%. US crude oil stocks, including those in the Strategic Petroleum Reserve,...

(Updates to mid-session trading) * Markets await Brazilian central bank's policy decision * Mexico's Sheinbaum does not see tariffs coming on Feb. 1 * Chile's central bank keeps rates on hold * Peru plans bond sales, Reuters report says * MSCI's Latin American currencies up 0.1%, stocks down 0.1% By Purvi Agarwal, Johann M Cherian Jan 29 (Reuters) - Indexes...

03:27 PM EST, 01/29/2025 (MT Newswires) -- Energy stocks edged up late Wednesday afternoon with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) both increasing 0.2%. The Philadelphia Oil Service Sector index shed 0.4%, and the Dow Jones US Utilities index added 0.2%. US crude oil stocks, including those in the Strategic Petroleum Reserve, rose...

SHENZHEN, China, Sept 20 (Reuters) - Huawei and Apple's ( AAPL ) latest smartphones go on sale in China on Friday, with the Chinese tech company's much-anticipated $2,800 tri-foldable phone offered at more than twice the price of the iPhone 16 Pro Max. However, analysts warn that supply chain constraints could leave many buyers of Huawei Technologies' Mate XT empty-handed....

Sept 27 (Reuters) - Mazda ( MZDAF ) is recalling 77,670 sports vehicles in the U.S. over a software error that may cause the front airbags to deploy with excessive force in a crash, the U.S. National Highway Traffic Safety Administration said on Friday. The recall involves some MX-5 Miata vehicles from model years 2016-2023. Dealers will update the air...

Its New York IPO may be sidelined for the moment, but that doesn't mean robotaxi operator WeRide Inc. is just sitting idly on the roadside. The company suffered an embarrassing setback in August when its IPO, which was set to become one of the largest by a Chinese company in New York in the last three years, was suddenly derailed at the...

In the latest quarter, 10 analysts provided ratings for Itron ( ITRI ) , showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

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.

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.

By Granth Vanaik April 30 (Reuters) - Molson Coors ( TAP/A ) surpassed Wall Street estimates for first-quarter sales and profit on Tuesday, helped by higher prices and steady demand for brands such as Coors Light and Miller Lite. However, the company took a more cautious stance on the industry outlook and reaffirmed its full-year sales and profit forecasts, sending...

3M Company ( MMM ) shares are trading higher after the company reported better-than-expected first-quarter 2024 results. The company reported net sales of $8.00 billion, a slight decline of 0.35%Y/Y. Adjusted net sales totaled $7.72 billion, up 0.5% Y/Y, beating the consensus of $7.63 billion with 0.8% growth organic sales. Adjusted EPS was $2.39 compared to $1.97 in the prior-year quarter, beating the consensus of $2.10.  Adjusted...

10:19 AM EDT, 04/30/2024 (MT Newswires) -- OneMain Holdings ( OMF ) shares rose more than 3% in recent Tuesday trading following its Q1 results and an increase in quarterly dividend. Earlier, the company reported Q1 earnings of $1.29 per diluted share, down from $1.48 a year earlier. Analysts polled by Capital IQ expected $1.32. Revenue, expressed as the sum...

10:20 AM EDT, 04/30/2024 (MT Newswires) -- Equitrans Midstream ( ETRN ) reported Q1 adjusted earnings Tuesday of $0.23 per diluted share, up from $0.22 a year earlier. Three analysts polled by Capital IQ expected $0.15. Revenue for the quarter that ended March 31 was $364.3 million, compared with $376.3 million a year earlier. Four analysts surveyed by Capital IQ...

Web3 infrastructure and data protection firm COTI has signed a partnership with Civic, a digital identity management platform, to give users confidentiality and self-sovereignty over their digital identities. Per an announcement sent to CryptoPotato, the alliance will allow Civic to use COTI V2s Ethereum-based confidentiality layer, which offers a Dynamic decentralized identity (DID). COTI Partners Civic to Protect User Identity...

Wladimir van der Laan – the former lead maintainer of Bitcoin Core – is mulling a comeback to Bitcoin development after the high-profile industry lawsuit, COPA v. Wright, came to a close earlier this month. In a blog post last Friday, the Bitcoin pioneer expressed relief and disbelief over the prosecutors’ victory, which saw London high court judge Edward James...

An unknown individual or entity recently consolidated 2,000 BTC mined in 2010 into a single wallet. This consolidation, noted by developer mononautical on X, occurred on March 26, involving the transfer of 40 sets of mining rewards, each consisting of 50 BTC, into one wallet. Bitcoin Miners 14-Year Hold Pays Off Reflecting on the situation, mononautical remarked, Imagine holding for...

With the Bitcoin halving drawing near, market participants are contemplating whether the asset has reached its peak or if theres further room for growth and when the next upward shift might transpire. Following a breather from a powerful uptrend, Bitcoin is slowly regaining its strength again as it trades above $69k. However, market participants remain optimistic about BTCs trajectory and...