The US dollar stabilized on Tuesday as Beijing and Washington negotiate on trade for the second day in London, boosting hopes, while sterling fell after weak UK labor data. High-level talks between US and Chinese officials commenced this week in London, with the hopes of reaching some sort of an initial agreement on tariffs and trade. It comes after the...

The dollar rose against major rivals on Wednesday as the markets assess the ongoing US-China trade talks, and before important US inflation data. The negotiations entered their second day in London as both sides aim to stop the trade war and reach an agreement, after the dispute disrupted supplies of rare-earth minerals and impacted many industries. The US Trade Secretary...

The yen fell in Asian trade on Tuesday against a basket of major rivals, plumbing a two-week low against the dollar and on track for the third loss in four sessions on slower haven demand. The decline comes amid signs that progress is being achieved in US-China trade talks in London, with negotiations extended for another day. The Bank of...

The euro fell in European trade on Wednesday on track for the first loss in three days against the dollar, as recession concerns diminished following an initial US-China trade agreement in China. The odds of an ECB interest rate cut in July dropped, with the eyes now focused on US inflation data later today to gauge the likelihood of Fed...

03:42 PM EDT, 05/15/2025 (MT Newswires) -- Tech stocks fell late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) down 0.1% and the SPDR S&P Semiconductor ETF (XSD) declining 1.2%. The Philadelphia Semiconductor index dropped 1%. In corporate news, Cisco ( CSCO ) shares rose 4.9%, a day after the company reported fiscal Q3 non-GAAP earnings and revenue...

03:32 PM EDT, 05/15/2025 (MT Newswires) -- Energy stocks were mixed late Thursday afternoon, with the NYSE Energy Sector Index shedding 0.1% and the Energy Select Sector SPDR Fund (XLE) up 0.3%. The Philadelphia Oil Service Sector index dropped 2.1%, while the Dow Jones US Utilities index rose 2.3%. Front-month West Texas Intermediate crude oil fell 2.2% to $61.78 a...

03:38 PM EDT, 05/15/2025 (MT Newswires) -- US benchmark equity indexes are on track to close mixed on Thursday after government data showed flat US retail sales in April and a decline in producer prices. The Dow Jones Industrial Average gained 0.7% to 42,326.6, and the S&P 500 climbed 0.3% to 5,910.13. The Nasdaq Composite fell 0.5% to 19,061.26. Among...

03:32 PM EDT, 05/15/2025 (MT Newswires) -- Financial stocks advanced in late Thursday afternoon trading with the NYSE Financial Index rising 0.8% and the Financial Select Sector SPDR Fund (XLF) up 0.7%. The Philadelphia Housing Index gained 1%, and the Real Estate Select Sector SPDR Fund (XLRE) climbed 1.8%. Bitcoin (BTC-USD) shed 0.7% to $102,815, and the yield for 10-year...

KAMPALA, April 29 (Reuters) - Ugandan President Yoweri Museveni said on Tuesday that he had a productive meeting with the representatives of tech billionaire Elon Musk's Starlink, which is looking to establish a presence in the East African country. A unit of SpaceX, the satellite internet company is rapidly expanding its services on the African continent and is already live...

The (BTCUSD) price recorded a bullish jump in its last intraday trading, supported by its lean on the support of its EAM50, accompanied by testing minor bullish trend line on the short-term basis, reinforcing the positive momentum and assisted it to achieve those gains. This performance is supported by the beginning of positive signals appearance on the (RSI), after its...

(Reuters) -Cadence Design Systems ( CDNS ) raised its forecasts for annual revenue and profit on Monday, betting on resilient demand for its chip design software from semiconductor makers looking to boost production to capitalize on the AI boom. Elevated demand for speedy and complex artificial intelligence processors has benefited the company, which provides software for designing chips and computing...

The (Crude oil) price declined in its last intraday trading, after reaching the resistance of its EMA50, forming a barrier against resuming the bullish track and pushing it to rebound lower, especially after surpassing the bullish correctional channels range, which supported its trading on the short-term basis. This decline came with the emergence of negative signals on the (RSI), after...

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 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.

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.

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.

Pfizer announced the deal in March, its largest purchase in a string of recent acquisitions thanks to a once-in-a-lifetime cash windfall from its COVID-19 vaccine and treatment.

Companies are increasingly committing to their own timelines for reducing their emissions, but many acknowledge that their ability to slow planet-warming CO2 emissions is contingent on faster action from governments.

The airline, which was once considered the pride of Pakistan and was the first international airline to be given access to fly to Beijing, is said to be suffering millions in losses on a daily basis.

The Washington-based IMF said that cost of underestimating inflation’s persistence could be painfully high and result in another painful round of rate hikes that could rob the economy of a large chunk of growth.

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.

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

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.

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...