The euro rose in European trading on Friday against a basket of global currencies, extending its gains for the fourth consecutive session against the US dollar and reaching its highest level in nearly two weeks. It was also on track for its biggest weekly gain in three months, supported by positive political developments in France, the eurozones second-largest economy. Newly...

The British pound rose in European trading on Thursday against a basket of global currencies, extending its gains for the second consecutive session against the US dollar and reaching its highest level in a week, supported by the continued decline of the American currency in the foreign exchange market. Following strong UK wage data, doubts increased over the likelihood of...

The US dollar headed toward its third consecutive daily loss against the euro on Thursday, while edging slightly higher against the Japanese yen, as ongoing concerns over USChina trade tensions and dovish remarks from Federal Reserve officials weighed on market sentiment. Analysts said political headwinds have pressured the yen, though they expect the currency to find near-term support from the...

The Australian dollar fell in European trading on Thursday against a basket of global currencies, resuming the losses that had briefly paused against its US counterpart, heading back toward its two-month low as selling pressure returned following gloomy labor market data from Australia. Data showed that the unemployment rate unexpectedly rose in September to its highest level in nearly four...

03:47 PM EDT, 06/20/2024 (MT Newswires) -- Financial stocks advanced in late Thursday afternoon trading, with the NYSE Financial Index adding 0.4% and the Financial Select Sector SPDR Fund (XLF) up 0.5%. The Philadelphia Housing Index shed 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) eased 0.3%. Bitcoin (BTC-USD) was up 0.1% at $64,944, and the yield for...

03:48 PM EDT, 06/20/2024 (MT Newswires) -- Tech stocks fell late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 1.1% and the SPDR S&P Semiconductor ETF (XSD) dropping 2.4%. The Philadelphia Semiconductor index slumped 2.6%. In corporate news, Oracle (ORCL) plans to invest over $1 billion in a third cloud region in Madrid to leverage distributed cloud...

* U.S. housing starts fall, Philly Fed index declines * U.S. yield curve reduces inversion * U.S. rate futures price in one to two cuts this year * U.S. $21 billion five-year TIPS auction shows strong demand (Adds comment, U.S. five-year TIPS auction results, graphics; updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, June 20 (Reuters) - U.S. Treasury yields rose...

03:41 PM EDT, 06/20/2024 (MT Newswires) -- Energy stocks gained late Thursday afternoon with the NYSE Energy Sector Index adding 1.5% and the Energy Select Sector SPDR Fund (XLE) climbing 2.1%. The Philadelphia Oil Service Sector index climbed 1%, and the Dow Jones US Utilities index rose 0.6%. US crude oil stocks, including those in the Strategic Petroleum Reserve, fell...

Executives from Microsoft Corp., Citigroup Inc., Tesla Inc. and other large multinationals are meeting this week with Chinese President Xi Jinping and other Asian leaders, as well as US President Joe Biden.

Both Alibaba and traditional rival JD.com are coming off a disappointing Singles' Day campaign, with only single-digit percentage growth during their signature annual shopping festival.

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.

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

B2B ed-tech platform Eupheus Learning has acquired SaaS based firm SchoolMitra, for an undisclosed amount. The combined entity will offer a unified platform with CMS, LMS and ERP as a single sign on. To discuss the road ahead for Eupheus Learning, CNBC-TV18 spoke to Amit Kapoor, Co-Founder & Director of Eupheus Learning.

Premier global provider of market intelligence, International Data Corporation or IDC has launched its annual series of reports titled - IDC Futurescape Report 2022. In this report, IDC India unveiled top ICT predictions around several key emerging segments such as IT, Cloud, Artificial Intelligence & Automation. To discuss the key findings and what lies ahead for India's tech sector, CNBC-TV18 spoke to Vasant Rao, MD of IDC India.

The projection comes after India-focused PE and VC funds secured $3 billion in January — nearly 40 percent of the $7.7 billion fundraise in 2021. Same month last year, such funds raised $854 million.

Honasa Consumer, parent company of Mamaearth, acquires hair care, hair color and styling products brand BBlunt, for a total deal value of Rs 134 cr, Godrej Consumer Products exits selling its 30 percent stake in Bhabani Blunt Hair Dressing for Rs 84.5 crore.

TL;DR Pi Network developers have set the Open Network launch condition at 15 million KYC-verified users, with over 9 million already migrated, but some users continue to face verification challenges. The projects popularity remains strong, especially in Asia, with millions of users and a large social media following that surpasses established crypto entities like Ripple. Whats New? Pi Network is...

U.S. President Donald Trump signed an executive order on Thursday to review the creation of a “National Digital Asset Stockpile,” according to Fox News. As reported by FOX Business White House correspondent Edward Lawrence and shared by partner Eleanor Terret, the executive order established a “Presidential Working Group” on digital assets. This group is tasked with “evaluating the creation of...

Janice Elizabeth McAfee, wife of the deceased tech entrepreneur and crypto proponent John McAfee, has launched a new artificial intelligence-themed meme coin, AIntivirus (AINTI), to honor the legacy of her dead husband. While some crypto community members have applauded the move, many have raised concerns about the token’s supply. According to data from Solscan, the majority of the tokens have...

US President Donald Trumps surprising launch of the Official Trump (TRUMP) meme coin fueled a frenzy as fans and day traders pushed billions of dollars in trading volume. A day later, First Lady Melania Trump joined the trend with her own meme coin, Official Melania (MELANIA), which added to the cryptocurrency craze. But the result was damaging. Both the meme...