financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
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...
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...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
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...
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...
World >
Market >
Israel, Jordan external bonds rally on Gaza ceasefire agreement news
Israel, Jordan external bonds rally on Gaza ceasefire agreement news
Jan 15, 2025
NEW YORK, Jan 15 (Reuters) - International government bonds issued by Israel and Jordan rose on Wednesday after news a ceasefire agreement has been reached between Israel and Hamas. Israel's 2043 bond jumped more than 1 cent to trade at 82.424 cents while Jordan's 2047 jumped nearly 1.8 cent to be bid at 89.625 cents, Tradeweb data showed. Negotiators reached...
US STOCKS-Wall St surges after inflation data, strong bank earnings
US STOCKS-Wall St surges after inflation data, strong bank earnings
Jan 15, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * US consumer prices rise slightly above expectations in Dec * JPMorgan ( JPM ), Wells Fargo ( WFC ), Goldman Sachs ( GS ) post higher Q4 profits * Israel, Hamas reach peace deal to end Gaza war, official...
Profits at Wall Street banks jump with trading strength, dealmaking rebound
Profits at Wall Street banks jump with trading strength, dealmaking rebound
Jan 15, 2025
NEW YORK (Reuters) - Profits at some of the biggest U.S. lenders rose in the fourth quarter as dealmaking picked up and trading was boosted by strong equity markets, sparking a rally in banking stocks on Wednesday. The market environment has been favorable for banks. Equity markets have surged, with the S&P 500 climbing 23.3% in 2024, while deal volumes...
US CRUDE FUTURES RISE BY $2 A BARREL AFTER EIA DATA SHOWED US CRUDE STOCKS FELL TO LOWEST SINCE APRIL 2022
US CRUDE FUTURES RISE BY $2 A BARREL AFTER EIA DATA SHOWED US CRUDE STOCKS FELL TO LOWEST SINCE APRIL 2022
Jan 15, 2025
US CRUDE FUTURES RISE BY $2 A BARREL AFTER EIA DATA SHOWED US CRUDE STOCKS FELL TO LOWEST SINCE APRIL 2022 ...
Environment >
Technology >
Demystifying America Movil: Insights From 5 Analyst Reviews
Demystifying America Movil: Insights From 5 Analyst Reviews
Apr 25, 2024
In the preceding three months, 5 analysts have released ratings for America Movil ( AMX ) , presenting a wide array of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...
Consensys Sues SEC Over Ethereum Classification, Calls For Regulatory Clarity
Consensys Sues SEC Over Ethereum Classification, Calls For Regulatory Clarity
Apr 25, 2024
Blockchain software company Consensys on Thursday announced it is suing the U.S. Securities and Exchange Commission (SEC) in a lawsuit aimed at ensuring Ethereum’s status as a non-security. The lawsuit, filed in the Northern District of Texas, comes amid ongoing regulatory uncertainty surrounding the world’s second-largest blockchain platform. Consensys Accuses SEC Of “Unlawful Regulation” Consensys argues that the SEC is...
US FCC approves T-Mobile deal to buy budget provider Mint Mobile
US FCC approves T-Mobile deal to buy budget provider Mint Mobile
Apr 25, 2024
WASHINGTON (Reuters) - The U.S. Federal Communications Commission said on Thursday it will approve the T-Mobile US Inc ( TMUS ) deal to buy Ka'ena Corp, the owner of budget service provider Mint Mobile, for up to $1.35 billion. The FCC cited T-Mobile's voluntary agreement to implement a 60-day unlocking period for all Mint Mobile and Ultra Mobile devices activated...
Microsoft beats quarterly revenue estimates
Microsoft beats quarterly revenue estimates
Apr 25, 2024
(Reuters) - Microsoft ( MSFT ) beat Wall Street estimates for third-quarter revenue on Thursday, driven by gains from AI adoption across its cloud services and business software products. Revenue rose 17% to $61.9 billion in the quarter ended March, compared with analysts' consensus estimate of $60.80 billion, according to LSEG data. (Reporting by Yuvraj Malik in Bengaluru; Editing by...
Personal Finance >
Politics >
Retail >
Business >
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
How Zara and H&M are trying to clean up fast fashion's messy carbon footprint — are they serious about it
Sep 18, 2023
Fast fashion retailer H&M is all set to sell second-hand clothes at its Regent Street flagship store in UK from October — offering items that are 'ready to be loved again.' Zara also recently launched its online second-hand service in France, having trialled it in Britain since November last year. But are these 'green initiatives' for real, or just some more greenwashing? CNBC TV18 gives a macro view.
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved