The US dollar remained confined within its recent trading range on Wednesday, as investors chose to stay neutral following another round of weak US economic data and ahead of President Donald Trumps upcoming appointment to the Federal Reserve Board. Trump said on Tuesday that he would decide on a nominee to replace outgoing board member Adriana Kugler by the end...

The Japanese yen rose in Asian markets on Wednesday against a basket of major and minor currencies, resuming gains that had briefly paused against the US dollar and moving toward a two-week high, after data showed an increase in wages in Japan a development that places further pressure on policymakers at the Bank of Japan. The US dollar remains under...

The New Zealand dollar strengthened against most major currencies during Wednesday trading following the release of upbeat employment data. Government figures showed that the employment change index in New Zealand declined by 0.1% in the second quarter, in line with expectations. The data also revealed that the unemployment rate in New Zealand rose to 5.2% in Q2, up from 5.1%...

The British pound rose in European trading on Thursday against a basket of global currencies, extending gains for the fifth consecutive day against the US dollar and reaching its highest level in a week, supported by weakness in the US currency in the forex market. This rise comes ahead of the Bank of Englands monetary policy decision at the conclusion...

The dollar's index, having eased 0.3% so far this week, stood at 93.602, near its lowest level since late September.

Crude oil has been hit by two dominating factors this year, which led to it rallying to multi-year highs and trading above levels fundamentals could not justify. One, an energy crunch due to coal and natural gas shortage. And two, the global economic recovery and a faster rebound in demand than what oil-producing nations expected. 

Speaking at the India Energy Forum by CERAWeek, Oil Minister Hardeep Singh Puri said there was a mismatch between demand for oil and the supplies producers such as OPEC+ were making and there was a case for raising the production.

Reliance Industries snapped a five-day winning streak on Wednesday. The downgrade comes days ahead of the quarterly earnings announcement by the conglomerate.

WASHINGTON, July 2 (Reuters) - The Biden administration has revoked eight licenses this year that had allowed some companies to ship goods to Chinese telecoms equipment giant Huawei, according to a document seen by Reuters, as it seeks to pressure the resurgent company. The Commerce Department, which oversees U.S. export policy, said in May it had revoked certain licenses, as...

9 analysts have expressed a variety of opinions on Cognex ( CGNX ) over the past quarter, offering a diverse set of opinions from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat...

July 1 (Reuters) - Germany-based Northern Data AG's ( NDTAF ) artificial intelligence, cloud computing and data center units are exploring a U.S. initial public offering that could fetch a valuation of up to $16 billion, Bloomberg News reported on Monday, citing people familiar with the matter. ...

Worldcoin builder Tools for Humanity hired former X (previously, Twitter) executive Damien Kieran as chief privacy officer.Ex-Google ( GOOG ) executives Adrian Ludwig and Ajay Patel joined as chief information security officer and head of World ID, respectively.Former Apple executive Rich Heley joined as chief device officer.Tools for Humanity (TFH), builder of decentralized identity project Worldcoin, has hired four seasoned...

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.

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.

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.

(Reuters) - Companies ranging from finance majors to Silicon Valley behemoths are pledging donations to Donald Trump's inaugural fund as business leaders rush to ensure a favorable relationship with the U.S. president-elect after his November election win. Trump is set to take office in January and executives are hoping a positive rapport with his administration, such as the one Tesla...

05:00 PM EST, 12/17/2024 (MT Newswires) -- Origin Materials ( ORGN ) said Tuesday its Co-Founder and Co-Chief Executive John Bissell will serve as chief executive, effective Dec. 31. Rich Riley will step down from his position as co-CEO and from Origin's board, effective Dec. 31, the company said. Riley will stay at the company in an advisory role until...

04:58 PM EST, 12/17/2024 (MT Newswires) -- Diego Rotsztain, Chief Governance and Legal Officer, on December 13, 2024, sold 4,426 shares in Stonex Group ( SNEX ) for $432,625. Following the Form 4 filing with the SEC, Rotsztain has control over a total of 14,442 shares of the company, with 14,442 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/913760/000091376024000200/xslF345X05/wk-form4_1734472384.xml ...

05:00 PM EST, 12/17/2024 (MT Newswires) -- Applied Optoelectronics ( AAOI ) said Tuesday it filed a lawsuit seeking monetary damages from Accelight Technologies and a permanent injunction over patent infringement allegations. The complaint filed in the US District Court for the Northern District of California accused Accelight of infringing on one or more of Applied Optoelectronics' ( AAOI )...

Analysts at the Bitfinex crypto exchange say that alternative cryptocurrencies (altcoins) have remained resilient amid Bitcoin’s (BTC) approximately 12.5% correction in the past week. According to the latest Bitfinex Alpha report, the altcoin market’s resilience is demonstrated in the Total3 index, which reached a new cycle-high market capitalization of $788 billion on March 14. Although the index has fallen by...

Ethereum staking could present challenges for crypto asset manager Grayscale if the SEC greenlights fund conversion for ETHE as it did for GBTC. These are the findings of BitMEX research, which added that if the SEC does not allow staking, then there will be large outflows from the firm’s ETHE fund, larger than those from its Bitcoin ETF. “All the...

TL;DR A trader made over $3 million from investing in different types of meme coins. While some investors have achieved life-changing profits from such activities, the sectors notorious volatility also poses significant risks of losses. The meme coin sector continues to spew tokens that experience substantial price increases in a short period of time, thus offering investors the chance to...

TL;DR Coinbase added Arkham (ARKM) to its observation list, leading to a brief price spike, and announced the delisting of another cryptocurrency amid a market decline. Binance updated its platform with new trading pairs and contracts, temporarily halted Solana (SOL) withdrawals due to network congestion, and expanded its trading bot pairs. The leading cryptocurrency exchange Coinbase continues implementing amendments to...