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Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
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...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
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...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
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...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
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...
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Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
Dutch PM to meet China's Xi amid strain over chip export policy
Dutch PM to meet China's Xi amid strain over chip export policy
Mar 22, 2024
AMSTERDAM, March 22 (Reuters) - The Netherlands' prime minister will travel to China next week for a meeting with Chinese President Xi Jinping on economic ties, the Dutch government said on Friday, a meeting that is likely to be strained over computer chip export policy matters. The Dutch government this year began denying licenses for ASML, the biggest supplier of...
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
Mar 22, 2024
The two companies will establish a DePIN alliance in south-east Asia.AIOZ's native token is currently trading flat after the announcement, it is up by more than 200% in 30 days.AIOZ Network will use Alibaba Cloud to improve Web 3, AI, storage and streaming services.Decentralized infrastructure network (DePIN) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
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Northland Power Confirms Carbon Dioxide Leak at Hai Long Offshore Wind Project in Taiwan
Northland Power Confirms Carbon Dioxide Leak at Hai Long Offshore Wind Project in Taiwan
Aug 21, 2024
06:03 AM EDT, 08/21/2024 (MT Newswires) -- Northland Power ( NPIFF ) late on Tuesday confirmed there had been a carbon dioxide leak at the Hai Long Changhua onshore substation, part of its offshore wind project in Taiwan, that affected 17 on-site workers. The leak stemmed from a fire suppression system at the substation. Emergency services were immediately notified and...
NICE, Karpel Solutions to Integrate Systems for Digital Evidence Management Support
NICE, Karpel Solutions to Integrate Systems for Digital Evidence Management Support
Aug 21, 2024
08:56 AM EDT, 08/21/2024 (MT Newswires) -- NICE (NICE) and Karpel Solutions said Wednesday they are partnering to integrate their digital evidence and case management systems for prosecutors. The collaboration, which integrates NICE's digital evidence management system with Karpel's case management software, aims to automate processes and consolidate information into a unified platform, the companies said. Price: 179.59, Change: +0.96,...
How Reuters calculated the Trump Organization's financial situation
How Reuters calculated the Trump Organization's financial situation
Aug 21, 2024
Aug 21 (Reuters) - Reuters sought to estimate the cashflow being generated by former President Donald J. Trump's various businesses to try to understand how that business has changed over the past decade and the extent to which over $500 million in court judgments against him may put strains on that business. Reuters used established methodologies and consulted with experts...
Market Chatter: Stellantis CEO Carlos Tavares Plans US Visit to Fix Struggling Business
Market Chatter: Stellantis CEO Carlos Tavares Plans US Visit to Fix Struggling Business
Aug 21, 2024
06:11 AM EDT, 08/21/2024 (MT Newswires) -- Stellantis ( STLA ) chief executive officer Carlos Tavares plans to visit Detroit in an effort to turn around the company's North American operations, which have struggled with poor sales and declining profit, Reuters reported Wednesday, citing people familiar with the plans. The chief of the European automaker is expected to initially meet...
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