Global fertilizer and ammonia trade is facing significant pressure due to the effective closure of the Strait of Hormuz, amid ongoing uncertainty surrounding diplomatic negotiations between the United States and Iran. According to Rystad Energys 2025 global trade map, around 15% of global ammonia trade and 21% of urea tradea nitrogen-rich fertilizerare tied to exporters that could be affected by...

The Japanese yen rose in Asian trading on Wednesday against a basket of major and minor currencies, extending its gains for the third consecutive day against the US dollar and hitting its highest level in a week, benefiting from the continued decline in the US currency amid growing optimism over an end to the Iran war, especially following recent statements...

The euro rose in European trading on Wednesday against a basket of global currencies, extending its gains for the second consecutive day against the US dollar and hitting its highest level in a week, benefiting from the continued decline in the US currency amid growing optimism over an end to the Iran war, especially following recent statements by Donald Trump....

Technology giants Microsoft and Nvidia are collaborating on an AI-driven initiative aimed at accelerating the development of nuclear energy to meet the growing power demands driven by artificial intelligence. The project seeks to build an ecosystem of AI-powered digital engineering tools designed to shorten the lengthy timelines required to bring nuclear power plants online, amid rapidly rising global energy demand....

Both the Power Electronics (PE) as well as Integrated Power Supply (IPS) businesses are related closely and manufactured in the same factory unit at HBL Power, and combinedly contributed 5 percent to the total sales of the company in the financial year 2022-23.

The British FTSE was last trading 0.3 percent higher. French CAC was also trading 0.6 percent higher. The biggest European market by volume, German DAX was trading 0.5 percent higher.

Apart from Tata Technologies, the markets regulator has also approved non-banking financial company SBFC Finance and Gandhar Oil Refinery's IPOs. Shares of these three companies are proposed to be listed on the BSE and NSE.

Technical analyst Ashish Kyal's insights on Indusind Bank and JSW Steel stocks provide valuable information for investors seeking potential investment opportunities.

In the fast-paced and cutthroat world of business, conducting thorough company analysis is essential for investors and industry experts. In this article, we will undertake a comprehensive industry comparison, evaluating Apple ( AAPL ) in comparison to its major competitors within the Technology Hardware, Storage & Peripherals industry. By analyzing crucial financial metrics, market position, and growth potential, our objective...

In the latest quarter, 4 analysts provided ratings for Maxeon Solar Technologies ( MAXN ) , showcasing a mix of bullish and bearish perspectives. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0...

Deep-pocketed investors have adopted a bullish approach towards Marvell Tech ( MRVL ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MRVL usually suggests something big is about to happen. We gleaned this information...

12:43 PM EDT, 03/26/2024 (MT Newswires) -- US durable goods orders rose more than projected last month as the civilian aircraft component rebounded from January's plunge that Jefferies said reflected the impact from a Boeing (BA) 737 plane panel ripping off in the middle of a flight. Orders for tangible items with an average life of at least three years...

The report follows Trump's claim on Friday that Abe had nominated him for the Nobel Peace Prize for opening talks and easing tensions with North Korea.

Three Jaish-e-Mohammed terrorists, including 'Kamran', who was suspected to be linked to the February 14 terror attack on CRPF convoy, were killed in a fierce 16-hour encounter/

Pointing to the ‘changing demography’ of the state, Amit Shah said that it is utmost necessary to have this Bill to ‘protect Assam’.

BJP president Amit Shah is scheduled to visit Matoshree, Sena chief Uddhav Thackeray's residence in suburban Bandra Monday and seal the alliance, another Sena leader said.

12:54 PM EDT, 03/20/2024 (MT Newswires) -- The Logic business newsletter reported Tuesday that Rogers is looking to divest of nine of its 13 data centres, notes National Bank. Analyst Adam Shine writes that he is yet to get any details from the company, but he thinks this effort likely forms part of Rogers' goal of raising $1 billion in...

12:51 PM EDT, 03/20/2024 (MT Newswires) -- Morningstar DBRS on Wednesday changed the trend on Parkland Corp.'s ( PKIUF ) issuer rating and senior unsecured notes rating to positive from stable and confirmed the ratings at BB. Morningstar DBRS confirmed the recovery rating on the company's senior unsecured notes at RR4. The trend changes reflect a gradual strengthening of Parkland's...

Prudential plc ( PUK )  shares are trading lower after the company reported FY 2023 results. Insurance revenue was $9.371 billion versus $8.549 billion a year ago. New business profit rose 45% on CER basis (+43% AER basis) to $3.125 billion in the year.  Excluding interest rates and other economic movement effects, new business profit increased 47% Y/Y (+45% Y/Y) in the year....

(Reuters) - Super Micro Computer's ( SMCI ) shares fell 5% on Wednesday after the AI server maker announced the pricing of its public stock offering, selling the shares at a discount to their most recent closing price. The slide marks the fifth consecutive session of decline for the stock, erasing about 28% from the company's market capitalization over the...

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.

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.

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.

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