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...

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...

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...

* Stock rally largely driven by retail investors and share buybacks * Institutional positioning in equities remains underweight * Avoiding a major tariff escalation could help ease near-term market worries * Upcoming economic data and Q2 results key for assessing the U.S. economic outlook By Saqib Iqbal Ahmed NEW YORK, July 4 (Reuters) - Investors will be keeping a close...

NEW YORK (Reuters) -Investors will be keeping a close eye on tariff headlines out of Washington next week, as a temporary suspension of punitive import levies is set to expire. If that Wednesday deadline passes without an increase in trade tensions, it could prove positive for the markets. Negotiators from more than a dozen major U.S. trading partners are rushing...

TOKYO, July 4 (Reuters) - Japan's 10-year government bonds (JGBs) inched down on Friday, tracking declines in U.S. Treasuries after strong U.S. jobs data bolstered the case for the Federal Reserve to keep interest rates on hold. The 10-year JGB yield rose 0.5 basis point (bp) to 1.445%. Yields move inversely to bond prices. U.S. Treasury yields advanced on Thursday...

NEW YORK (Reuters) -Investors will be keeping a close eye on tariff headlines out of Washington next week, as a temporary suspension of punitive import levies is set to expire. If that Wednesday deadline passes without an increase in trade tensions, it could prove positive for the markets. Negotiators from more than a dozen major U.S. trading partners are rushing...

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

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.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

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.

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

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 Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

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.

11:05 AM EDT, 08/08/2024 (MT Newswires) -- SoundHound AI ( SOUN ) said Thursday it has acquired artificial intelligence software company Amelia for $80 million in cash and equity, with an assumption of Amelia's debt and future earnout potential tied to revenue milestones. The combined entity holds approximately $160 million in cash and $39 million in debt, SoundHound said. SoundHound...

11:00 AM EDT, 08/08/2024 (MT Newswires) -- Origin Agritech ( SEED ) said Thursday it has appointed Cheng Chi Kin as chief financial officer, effective immediately. Kin's most recent roles include independent nonexecutive director at Asiasec Properties, Origin Agritech ( SEED ) said. The company's shares were down nearly 4% in recent trading. Price: 2.77, Change: -0.11, Percent Change: -3.82...

Aug 8 (Reuters) - Investment bank Lazard ( LAZ ) has hired Courtney Haydon from Guggenheim Securities as a managing director to help drive dealmaking involving private equity firms and alternative asset managers, a person familiar with the matter said on Thursday. Haydon will join Lazard's ( LAZ ) financial sponsors coverage group in the coming months, the source said,...

11:05 AM EDT, 08/08/2024 (MT Newswires) -- Abbott Laboratories ( ABT ) investors can move ahead with claims that certain company directors and executives breached securities laws and fiduciary duties regarding its infant formula safety, while the remaining claims were dismissed, a federal court ruled Wednesday. At issue is the company's plant in Sturgis, Michigan, that was closed in 2022...

There were several important developments in the startup space during the day on Tuesday. Here’s a wrap of all top startup headlines.

There were several important developments in the startup space during the day on Monday. Here are the top stories that made headlines in the startup universe.

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.

Chingari has raised $19 million to offer cryptocurrency as a means of monetisation for creators and users on its platform.