The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...

The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...

The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...

Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...

* Latin American stocks down 1.4% and FX down 0.6% * Brazil's central bank expected to deliver 50 bps rate hike on Wednesday * South African rand hits five-week high after Eskom's positive power outlook * Taiwan's dollar extends two-day historic run (Updates with afternoon trading levels) By Medha Singh and Nikhil Sharma May 5 (Reuters) - Latin American assets...

08:29 AM EDT, 05/07/2025 (MT Newswires) -- TransAlta ( TAC ) shares dropped 1.5% at last look Wednesday in NYSE pre-market trading after the company reported lower first-quarter adjusted net earnings. TransAlta ( TAC ) booked adjusted net earnings of $30 million, or $0.10 per share, falling from $128 million, or $0.41 per share, and slightly below the analyst consensus...

ORLANDO, Florida, May 5 (Reuters) - Wall Street's recent rebound from its April lows suggests equity investors are pricing in a benign outlook for the U.S. economy, which contrast starkly with the more ominous signals coming from the oil, gold and fixed income markets. Is this justified confidence, or dangerous complacency? If you had turned off all communications on April...

05:06 PM EDT, 05/05/2025 (MT Newswires) -- The S&P 500 and the Dow Jones Industrial Average snapped their nine-day winning streak as traders evaluated updates on global trade and awaited the Federal Reserve's policy decision later this week. The S&P 500 declined 0.6% to 5,650.4, while the Dow edged down 0.2% at 41,218.8. The Nasdaq Composite closed 0.7% lower at...

April 10 (Reuters) - UBS Group has hired Evan Raine to head its media and telecoms mergers and acquisitions unit in the Americas to help the bank capture more market share from advising on deals in the sector. Raine will start at UBS on April 14 and will be based in New York, Jeff Hinton, global co-head of mergers and...

April 10 (Reuters) - Computer parts maker Logitech International on Thursday withdrew its 2026 forecast, citing continued uncertainty stemming from U.S. President Donald Trump's trade policies. The Swiss-American company, which makes products such as keyboards, mouse and webcams, previously forecast fiscal year 2026 sales to range from $4.53 billion to $4.71 billion. However, the company maintained its 2025 sales forecast....

(Reuters) - UBS Group has hired Evan Raine as its head of media and telecom investment banking in the Americas to capture more market share from deals in the sector, according to an internal memo reviewed by Reuters. Raine will start at UBS on April 14 and will be based in New York, Jeff Hinton, global co-head of mergers and...

BRASILIA (Reuters) - Brazilian President Luiz Inacio Lula da Silva named lawmaker Pedro Lucas Fernandes as his new minister for communications, Government Institutional Relations Minister Gleisi Hoffmann announced on Thursday. Fernandes, who will oversee services including telecommunications and postal, should be inaugurated after Easter holiday later this month, Hoffmann told reporters in Brasilia. ...

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

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.

ANZ managers have informed their respective teams about the new policy this week in generic emails, reaffirming the bank's expectation that staff devote at least half their working hours in the office each month, afr.com reported.

The sanctions are financial penalties meant to block access to funds held in the U.S. and to prevent the people and entities from doing business with American people and firms.

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.

The crypto market witnessed a trend reversal during the past week, especially within the United States spot scene. This reversal extended to spot Bitcoin exchange-traded funds (ETF); however, Ethereum products were unaffected. According to data from CoinGlass, spot Bitcoin ETFs recorded inflows every trading day for the past week, while Ethereum ETFs continued seeing outflows. In contrast to Ethereum ETF...

A prominent cryptocurrency whale suffered a $207,000 loss from trading the Official Trump (TRUMP) meme coin within an hour on March 23rd. Interestingly, this whale had previously turned an investment of 1.09 million USDC into nearly $108 million by purchasing 5.97 million TRUMP tokens at an earlier stage. $207K Gone in an Hour According to blockchain analytics firm Lookonchains latest...

TL;DR Bitcoin’s recent surge above $88K might be short-lived as technical indicators hint at overbought conditions. Market analysts foresee a possible correction, with downside targets ranging between $72,800 and $80,000. Beware of a New Pullback The primary cryptocurrency started the business week on the right foot, with its price soaring above $88,000 for the first time since March 7. Despite...

Ethereum (ETH) is staring down what could be its worst-ever first quarter in history, with returns for the cryptocurrency dropping over 6% so far this month alone. Analysts have chalked down this poor performance to persistent selling pressure, diminishing network usage, and falling active addresses. Ethereum Faces Mounting Pressure Recent data from CryptoRank show ETH’s returns in the red for...