The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...

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...

The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...

08:59 AM EDT, 05/16/2024 (MT Newswires) -- Energy stocks were leaning lower premarket Thursday with the Energy Select Sector SPDR Fund (XLE) recently down 0.2%. The United States Oil Fund (USO) was 0.5% higher and the United States Natural Gas Fund (UNG) was up 2.1%. Front-month US West Texas Intermediate crude oil was up 0.8% at $79.23 per barrel at...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Deere falls on annual forecast cut * Cisco ( CSCO ) gains after upbeat Q4 forecast * Walmart ( WMT ) rises on annual forecast raise * US weekly jobless claims fall * Futures up: Dow 0.05%, S&P 0.08%,...

09:22 AM EDT, 05/16/2024 (MT Newswires) -- US stocks look set to open lower in Thursday's trading session as weekly initial jobless claims came in higher than expected, while the Philadelphia Fed Manufacturing Index fell more than expected. Dow Jones Industrial Average futures were down 0.03%, S&P 500 futures were down 0.02%, and Nasdaq futures down 0.01%. Weekly initial jobless...

08:55 AM EDT, 05/16/2024 (MT Newswires) -- Financial stocks were steady pre-bell Thursday with the Financial Select Sector SPDR Fund (XLF) recently inactive. The Direxion Daily Financial Bull 3X Shares (FAS) was 0.3% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was unchanged. American International Group ( AIG ) said it has agreed to sell a...

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.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

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.

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.

They were accused of damaging a police vehicle, shouting slogans and rioting while being taken to a stadium under detention for organising a protest at the Income Tax crossroads in the city to support the cause of sanitation workers of the Ahmedabad Municipal Corporation in September 2016.

Preparations are underway for the mega rally at Esplanade on November 29, where Shah is expected to set the tone for the BJP’s electoral strategy in the state.

Rahul Gandhi earlier rode an autorickshaw in Telangana as he campaigned for the party ahead of the polling. He also interacted with auto drivers, gig workers, and sanitary workers in Jubilee Hills. Priyanka Gandhi and Rahul Gandhi also addressed the public today. 

The state education department made it clear that the total number of holidays proposed for 2024 was 60, the same as the preceding years, which was in accordance with the Right To Education (RTE) Act that postulates a minimum of 220 working days at schools.

07:24 AM EDT, 06/02/2025 (MT Newswires) -- BioNTech (BNTX) and Bristol Myers Squibb ( BMY ) said Monday they have agreed to co-develop and co-commercialize BNT327, an investigational bispecific therapy across various solid tumor types. Bristol Myers Squibb ( BMY ) will make a $1.50 billion upfront payment and $2 billion in non-contingent anniversary payments through 2028, the companies said,...

07:21 AM EDT, 06/02/2025 (MT Newswires) -- Regeneron (REGN) said Saturday that Libtayo reduced the risk of recurrence or death by 68% in post-surgical high-risk cutaneous squamous cell carcinoma, meeting the phase 3 C-POST trial's primary endpoint. The immunotherapy also cut the risk of locoregional and distant recurrence by 80% and 65%, respectively, the company said. Median disease-free survival was...

07:25 AM EDT, 06/02/2025 (MT Newswires) -- Horizon Petroleum (HPL.V) over the weekend provided an operations update on progress made towards first production from its cornerstone Lachowice gas development in the Bielsko-Biala concession, southern Poland. In a statement the company said in assuming a successful workover result, gas and/or electrical power sales from the Lachowice 7 (L7) well will provide...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

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.

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.

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.