UK consumer prices rose 3.4% y/y in May, above estimates of a 3.3% rise, but down from a 3.5% rise in the previous reading. Core prices rose 3.5% y/y as expected, down from 3.8% in the previous reading. ...

The US dollar rose against most major rivals as traders assess latest geopolitical developments in the Middle East, and before the Feds policy decision. Recent data showed US retail sales fell 0.9% m/m to $715.4 billion in May, while analysts expected a 0.6% drop, as auto sales drop following Trumps tariffs. Later today, the Federal Reserve will convene and discuss...

The Federal Reserve decided to maintain interest rates unchanged at 4.5% as expected by most analysts. ...

The yen rose in Asian trade on Wednesday away from a one-week low against the US dollar, as investors shun new bullish positions on the dollar before the Federal Reserves policy decisions later today. Following a cautious meeting by the Bank of Japan this week, the odds of a Japanese rate hike in July tanked with traders awaiting more data...

09:09 AM EST, 02/20/2025 (MT Newswires) -- Energy stocks edged higher premarket Thursday as the Energy Select Sector SPDR Fund (XLE) recently advanced by 0.1%. The United States Oil Fund (USO) was up 0.3% and the United States Natural Gas Fund (UNG) was 4.1% lower. Front-month US West Texas Intermediate crude oil was up 0.5% at $72.48 per barrel at...

(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * U.S.-listed shares of Alibaba gain after Q3 revenue beat * Baxter International ( BAX ) jumps after guiding FY profit above estimates * Futures down: Dow 0.31%, S&P 500 0.3%, Nasdaq 0.26% (Updates before markets open) By Shashwat Chauhan...

09:07 AM EST, 02/20/2025 (MT Newswires) -- Oil prices edged higher early on Thursday despite a report showing another big rise in U.S. inventories last week. West Texas Intermediate crude oil for March delivery was last seen up US$0.17 to US$72.42 per barrel, while April Brent crude was up US$0.33 to US$76.37. In its weekly survey released Wednesday, the American...

09:01 AM EST, 02/20/2025 (MT Newswires) -- US equity futures posted narrow losses ahead of Thursday's opening bell amid concerns about trade tariffs and geopolitical matters. The Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all down around 0.3%. Traders weighed comments from US President Donald Trump that he plans to escalate certain tariffs, including a...

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh.

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

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.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

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.

Mahendra Kumar Dhanuka, Vice Chairman and Managing Director of the company, said the third quarter so far has not been as good as expected due to the late harvesting of crops.

The fund house opened the year with an AUM (assets under management) of over ₹2.25 lakh crore. The open-ended equity scheme represents the manufacturing theme and opens for subscription on December 1 and closes on December 15.

The unseasonal rainfall in Mumbai and other parts of the state prompted concerns about potential disruptions in the agricultural supply chain.

This acquisition not only substantially hikes UltraTech Cement's capacity but also serves as a strategic entry into the promising market of Jharkhand. Shares of UltraTech Cement Ltd ended at ₹8,721.80, down by ₹6.20, or 0.071%, on the BSE.

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.

Bitcoin prices have typically rallied in the past following halvings. Six months after the first halving in 2012, the price jumped to $126 from $12. After the second halving in 2016, it went to $1,000 from $654 within seven months and in 2020 it shot up to $18,040 from $8,570 in the same time period.

Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday.

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.