The British pound fell in the European market on Tuesday against a basket of global currencies, extending its losses for a second consecutive day against the US dollar and moving away from a three-week high, as correction and profit-taking continued, alongside risk aversion ahead of the UK labor market data release. The US currency continues to trade in positive territory...

The euro rose in the European market on Wednesday against a basket of global currencies, maintaining gains for the second consecutive day against the US dollar, and is on the verge of recording its highest level in at least two weeks, as the US currency remains under negative pressure following the release of key US inflation data. Expectations for a...

The Australian dollar rose against most major currencies on Tuesday following a widely expected monetary policy decision. The Reserve Bank of Australia on Tuesday cut the official cash rate by 25 basis points to 3.60% at its regular meeting, marking the third rate cut this year after reductions in February and May, and following a surprise pause in July that...

The White House confirmed on Monday that Nvidia and AMD have reached an agreement to share 15% of their revenue from sales to China with the US government, a move that has sparked debate over its potential impact on the two chipmaking giants and whether Washington might pursue similar deals with other companies. Under the agreement, the companies will receive...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla slips on report co trims car production in China * FedEx ( FDX ) jumps on Q3 profit beat * Nike ( NKE ) falls after revenue forecast disappoints * Futures up: Dow 0.10%, S&P 0.11%, Nasdaq 0.07%...

(Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Powell later in the day. All three main U.S. indexes hit fresh record closing highs in the previous session as chip stocks rallied after Micron...

08:24 AM EDT, 03/22/2024 (MT Newswires) -- US stock futures were flat in Friday's premarket session after equity indexes closed at record highs on Thursday, as investors awaited Federal Reserve Chairman Jerome Powell's speech, scheduled for 9:00 am ET. Powell will deliver the opening remarks at a Fed Listens event in Washington on the topic of transitioning to a post-pandemic...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.04%, S&P 0.11%, Nasdaq 0.18% March 22 (Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing...

Russia has repeatedly clashed with foreign technology companies over content, censorship, data and local representation in a simmering dispute that intensified after Moscow sent its armed forces into Ukraine in February 2022.

Nearly all Open AI employees have threatened to quit unless the board stepped down with both Microsoft and Salesforce putting out offers to poach the disgruntled employees.

Efforts by a group of OpenAI executives and investors to reinstate Sam Altman to his role as chief executive officer...

The state-of-the-art campus plans to host approximately 3,000 AMD engineers in the coming years, and is focused on the design and development of semiconductor technology, including 3D stacking, artificial intelligence and machine learning.

An Indian cyber expert, seeking political asylum in the US, Monday claimed that the 2014 general election was "rigged" through the Electronic Voting Machines (EVMs), which, he says, can be hacked.

The battle against fake news is not about curbing the freedom of others; nor is it compromising privacy.

Twice in the past week, Prime Minister Narendra Modi sent his first tweet between six and seven am. For Congress president Rahul Gandhi, however, the day on the social media platform begins only at eight am.

Interacting with students and their parents at the 'Pariksha pe Charcha 2.0' event here on Tuesday, Prime Minister Narendra Modi's snappy and witty answers left the audience in splits. In an instance where a mother raised concerns about her son being too involved in online games, Modi asked her: "Ye PUBG wala hai kya?" The question led to thunderous applause among the audience.

02:06 AM EST, 03/05/2025 (MT Newswires) -- Reed Hastings, Director, Executive Chairman, on March 03, 2025, sold 30,485 shares in Netflix ( NFLX ) for $29,933,920. Following the Form 4 filing with the SEC, Hastings has control over a total of 2,154,635 common shares of the company, with 394 shares held directly and 2,154,241 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1065280/000106528025000121/xslF345X05/wk-form4_1741138379.xml ...

02:07 AM EST, 03/05/2025 (MT Newswires) -- Spencer Adam Neumann, Chief Financial Officer, on March 03, 2025, sold 2,601 shares in Netflix ( NFLX ) for $2,554,317. Following the Form 4 filing with the SEC, Neumann has control over a total of 3,691 common shares of the company, with 3,691 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1065280/000106528025000123/xslF345X05/wk-form4_1741138457.xml ...

FRANKFURT (Reuters) - Bayer on Wednesday raised the prospect of a return to earnings growth next year after reiterating that a decline was expected for this year. In a statement, the German maker of drugs and farming pesticides said 2025 would be the most difficult in terms of financial performance, with net sales roughly in line with and earnings and...

02:04 AM EST, 03/05/2025 (MT Newswires) -- Jonathan M. Craig, Managing Director, Head of Investor Services, on March 01, 2025, sold 28,668 shares in Schwab Charles (SCHW) for $2,273,972. Following the Form 4 filing with the SEC, Craig has control over a total of 23,258 common shares of the company, with 23,258 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/316709/000173306525000002/xslF345X05/wk-form4_1741140507.xml ...

After facing backlash for comments suggesting that regulated entities like BlackRock and Fidelity are safer options for holding Bitcoin, MicroStrategy founder Michael Saylor clarified his stance on self-custody. In a tweet, Saylor expressed his support for individuals who choose to self-custody their Bitcoin, while also advocating for the right of everyone to make their own choice. He even went on...

A crypto investor who participated in the Ethereum initial coin offering (ICO) in 2014 is offloading their assets, with the latest sale on October 24. Unfortunately, this could trigger a negative price momentum for ether (ETH) given recent similar developments. According to a tweet from on-chain analytics firm Lookonchain, the last time the Ethereum ICO participant sold their coins in...

A staggering $20 million in cryptocurrency linked to U.S. government addresses has been moved to a new wallet, raising alarms about a potential theft. The transactions originated from the government-controlled Bitfinex Hack Wallet, which housed part of the funds recovered from the 2016 attack on the Bitfinex crypto exchange. This resulted in a loss of nearly 120,000 BTC. Fund Movements...

Ripple Labs has stepped up its legal battle with the U.S. Securities and Exchange Commission (SEC) after filing its Civil Appeal Pre-Argument Statement, also known as Form C. The filing comes only days after the SEC entered a last-minute appeal against several parts of a 2023 judgment which found that Ripple’s programmatic sales of its native XRP token to retail...