The British pound fell in European trading on Friday against a basket of major currencies, resuming losses after a two-day rebound from a seven-month low against the US dollar. The decline came as investors grew increasingly concerned about the upcoming UK budget, expected to be announced soon. UK Chancellor of the Exchequer Rachel Reeves signaled this week that broad-based tax...

The Japanese yen weakened in Asian trading on Friday against a basket of major and minor currencies, paring some of its gains from the previous day against the US dollar after the release of gloomy economic data showing an unexpected slowdown in household spending. Despite todays decline, the yen remains on track to post a weekly gain, supported by buying...

The rapid rise of artificial intelligence and digital infrastructure has made data centers the fastest-growing source of electricity demand in North America. As grid operators and policymakers race to keep pace with this surge, energy providers face a historic opportunity to unlock new avenues of growth and revenue. The First Challenge: Capacity Bottlenecks Data center developers are working under tight...

The US dollar is on track for a modest weekly gain as investors balance the Federal Reserves hawkish tone with persistent concerns about the US economy. The dollar began a five-day winning streak last week after Fed Chair Jerome Powell acknowledged the risks of further monetary easing, but it reversed sharply on Thursday following weak labor market data. US Treasury...

Europe's Stoxx 600 share index added 0.3%, boosted by data showing German industrial output rose significantly more than forecast in February. But recession fears weighed on US stock futures and crude oil.

The Swiss bank is paying 3 billion francs ($3.3 billion) for its rival in an all-share deal that includes extensive government guarantees and liquidity provisions.

Former RBI Governor Raghuram Rajan said that a pause in the next FED meeting looks like a low probability and 25 bps hike still looks like a strong possibility, 50 bps is off the table. He was speaking in an exclusive interview with CNBC TV18, over the Silicon Valley Bank collapse.

Dow futures fell 1.7 percent, S&P 500 futures slipped 1.8 percent, and Nasdaq 100 futures were down 1.6 percent after Credit Suisse Group AG’s top shareholder, Saudi National Bank, ruled out investing any more in the troubled Swiss bank.

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.

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

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.

Assam recorded a voter turnout of 77.21 percent on Thursday, while the figure stood at 80.53 percent for West Bengal in the second phase of Assembly polls in the two states.

An interesting tussle is taking place in the union territory of Puducherry that could change the course of politics in south India. 

The Gujarat Assembly on Thursday passed an amendment bill which provides for a prison sentence of upto ten years for fraudulent or forcible conversion by marriage. The bill amended a 2003 law which penalises religious conversion through coercion or allurement.

Despite sporadic violence and accusations of vote fraud in Nandigram, TMC supremo Mamata Banerjee said she was confident of victory from the constituency where she had a one-and-half decade ago led a farmers' movement against a chemical hub planned by the then Left front Government.

06:15 AM EDT, 03/20/2025 (MT Newswires) -- i-80 GOLD CORP. ( IAUX ) was at last look up 4% in US premarket trade after it overnight Wednesday announced it has finalized two third-party processing agreements in respect of toll milling as well as ore sales for refractory and oxide material, respectively. According to a statement, the agreements remain in effect...

06:27 AM EDT, 03/20/2025 (MT Newswires) -- Pieridae Energy ( PTOAF ) late on Wednesday said it swung to fourth-quarter net loss as total production declined. The net loss came in at $20.9 million, or a loss of $0.08 per share, swinging from an income of $7.4 million, or $0.03 per share. Net operating income was $13.7 million, down from...

06:29 AM EDT, 03/20/2025 (MT Newswires) -- Nvidia ( NVDA ) plans to spend several hundred billion dollars worth of chips and electronics manufactured in the US over the next four years, the Financial Times reported late Wednesday, citing chief executive officer Jensen Huang as saying in an interview. Huang said the chipmaker can now manufacture its latest systems in...

06:30 AM EDT, 03/20/2025 (MT Newswires) -- Tesla (TSLA) is recalling certain 2024-2025 Cybertruck vehicles to fix the cant rail, a stainless-steel exterior trim panel that may delaminate and detach from the vehicle, according to a notification from the National Highway Traffic Safety Administration on Wednesday. The recall may affect up to 46,096 vehicles. The notification said a detached panel...

The U.S. Senate Banking Committee, led by Chairman Tim Scott, is reportedly planning to establish its first subcommittee dedicated to cryptocurrency. This initiative marks an important milestone in the Senate’s approach to regulating the digital assets industry. Cynthia Lummis Selected as Chair Fox Business reporter Eleanor Terret shared the development in a January 10 post on X, noting that Senator...

Bankrupt cryptocurrency exchange FTX has responded to recent claims by Backpack regarding the acquisition of its European arm, FTX EU, and the repayment of customer funds. In a statement released on January 8, the failed crypto firm clarified that the U.S. Bankruptcy Court has not approved the sale of FTX EU to Backpack, nor has it been authorized to manage...

The cryptocurrency market experienced a sell-off throughout the past seven days, with the total capitalization shedding close to $200 billion during that period. Bitcoins price tumbled toward $93,000, liquidating hundreds of millions in over-leveraged positions in the process, as the majority of altcoins are also in the red. Bitcoins price trades at a 4.5% decline compared to seven days ago...

Standard Chartered has announced the launch of a new entity in Luxembourg to serve as its regulatory entry point for providing crypto and digital asset custody services to clients within the European Union (EU). The multinational banks initial crypto services in the region will focus exclusively on Bitcoin (BTC) and Ethereum (ETH), with plans to expand to additional assets later...