The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....

The Australian dollar rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...

The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Futures up: Dow 0.18%, S&P 500 0.11%, Nasdaq 0.04% July 1 (Reuters) - U.S. stock index futures edged higher on Monday ahead of manufacturing PMI data, with focus also on U.S. labor market numbers later in the week that...

04:53 PM EDT, 06/28/2024 (MT Newswires) -- The Standard & Poor's 500 edged down for its first weekly loss since late May, though the index rose almost 15% in the first half of 2024. The S&P 500 ended Friday's session at 5,460.48, down slightly from last week's closing level of 5,464.62. With this being the only week the market benchmark...

NEW YORK, June 28 (Reuters) - A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S. government bonds out of a narrow trading range. Yields on benchmark U.S. 10-year Treasuries, which move inversely to bond prices, have bounced between about 4.20% and 4.35% since mid-June, as the market digested data showing slowing...

06:51 AM EDT, 07/01/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Monday's opening bell. Tesla (TSLA) rose by 1.6% in premarket activity, after a 0.2% increase from the previous session. JPMorgan Chase ( JPM ) was up 0.8% in pre-bell hours, extending gains after closing Friday with a 1.6% increase. Amazon.com (...

AMSTERDAM (Reuters) - Belgium's imec, one of the world's top semiconductor R&D firms, on Wednesday reported several computer chip-making breakthroughs at a joint laboratory it operates with ASML, using the Dutch company's newest 350 million euro ($382 million) chip printing machine. imec said it had successfully printed circuitry as small or smaller than the best currently in commercial production, for...

SAN FRANCISCO, Aug 7 (Reuters) - For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different. About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called...

SAN FRANCISCO (Reuters) - For U.S. chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been quite different.  About seven years ago, the company had the chance to buy a stake in OpenAI, then a fledgling non-profit research organization working in a little-known field called generative artificial...

(Reuters) - Super Micro Computer ( SMCI ) shares tumbled 12.3% in premarket trading on Wednesday as concerns over the high cost of producing AI server chips weighing on its profit forecast, eclipsing upbeat sales forecasts. The company's fourth-quarter adjusted gross margin was 11.3%, compared with analysts' average estimate of 14.1%, according to LSEG data, as Super Micro grappled with...

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.

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 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.

GE Vernova Inc. ( GEV ) said Tuesday it will supply eight 6MW-164m turbines to Prokon Regenerative Energien eG to repower a wind farm in the Fleetmark community of Sachsen-Anhalt, Germany. The machines will be built at GE Vernova’s Salzbergen facility. The order was booked in the second quarter of 2025 and underscores the company’s “Workhorse Product Strategy” for onshore...

09:29 AM EDT, 09/16/2025 (MT Newswires) -- Novo Nordisk ( NVO ) will overhaul job titles across its senior management ranks starting next year as part of a restructuring under new Chief Executive Maziar Mike Doustdar, Bloomberg reported Tuesday, citing an internal company memo. The changes will affect only titles and will not alter pay, benefits or job levels, according...

09:27 AM EDT, 09/16/2025 (MT Newswires) -- Shimmick ( SHIM ) said Tuesday it has been selected for award on two new contracts with a combined value of about $78 million for transportation projects in California and Washington. The company said it was selected for the $29.6 million Santa Monica Pier bridge replacement project, for which work is slated to...

MILWAUKEE--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Artisan Partners Limited Partnership (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee...

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

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.

There were several important developments in the startup space during this week. Here are the top stories in the startup...

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.