The Australian Bureau of Statistics reported on Wednesday that the annual Consumer Price Index rose by 3.0% in August, the fastest pace since July 2024. This exceeded both market expectations of a 2.9% increase and the prior reading of 2.8%. The data highlights accelerating inflationary pressures on policymakers at the Reserve Bank of Australia, reducing the likelihood of an interest...

The Australian dollar strengthened broadly in Asian trading on Wednesday against a basket of global currencies, hitting its highest level in about a week versus the US dollar, following the release of hot inflation data from Australia. The data showed renewed inflationary pressures on policymakers at the Reserve Bank of Australia, which lowered the likelihood of an interest rate cut...

The euro rose in the European market on Tuesday against a basket of global currencies, continuing to move in the positive territory for the second day in a row against the US dollar, as the recovery from a two-week low extends, benefiting from the decline in US currency levels ahead of Federal Reserve Chair Jerome Powells speech. Following the latest...

The euro declined in European trading on Wednesday against a basket of global currencies, heading for its first loss in three sessions versus the US dollar, as the greenback rebounded following cautious comments from Federal Reserve Chair Jerome Powell. After the European Central Banks most recent meeting, which included more hawkish remarks than markets had anticipated, the likelihood of a...

NEW YORK (Reuters) -The U.S. stock rally confronts a potentially consequential week to keep its momentum heading into year-end, including a flood of corporate results headlined by megacap companies and a likely interest rate cut by the Federal Reserve after its two-day policy meeting. U.S.-China trade tensions could come to a head in the coming days, while a persistent U.S....

General Dynamics ( GD ) announced Friday that it delivered a strong beat on Wall Street expectations for the third quarter of 2025, sending the stock surging post-results on robust operational performance across its segments. The aerospace and defense giant reported total revenue of $12.907 billion, a 10.6% increase from the year-ago quarter and surpassing the consensus analyst estimate of...

* Apple ( AAPL ), Microsoft ( MSFT ), Alphabet among 'Magnificent 7' set to report * Fed expected to cut rates on Wednesday by quarter-point * US-China trade tensions, government shutdown also in focus By Lewis Krauskopf NEW YORK, Oct 24 (Reuters) - The U.S. stock rally confronts a potentially consequential week to keep its momentum heading into year-end,...

* White House confirms Trump-Xi meeting next week * Currencies unchanged, on track for slight weekly loss * Turkish equities rally after court decision By Niket Nishant Oct 24 (Reuters) - Emerging market equities were on track to register weekly gains on Friday, driven by hopes that the U.S. would be able to ink a deal with China when Presidents...

SAP is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement. Analysts expect SAP to report an earnings per share (EPS) of $1.33. SAP bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted...

Ratings for Microsoft ( MSFT ) were provided by 16 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...

Providing a diverse range of perspectives from bullish to bearish, 17 analysts have published ratings on T-Mobile US ( TMUS ) in the last three months. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...

* India eyes limits to laptop, tablet, PC imports next year * Plan to restrict imports withdrawn last year after backlash * New import curbs could reshape $10 billion laptop, PC industry * India offers $2 billion in subsidies for local production By Shivangi Acharya NEW DELHI, Oct 17 (Reuters) - India is expected to limit imports of laptops, tablets...

On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

09:25 AM EDT, 07/09/2024 (MT Newswires) -- Viscount Mining ( VLMGF ) will raise up to $5 million in a non-brokered private placement through the sale of up to 20 million units at $0.25 each. Each unit consists of one common share and one share purchase warrant. Each warrant is exercisable for an additional share at $0.30 for two years....

09:27 AM EDT, 07/09/2024 (MT Newswires) -- Helen of Troy (HELE) reduced its full-year outlook as the company recorded lower-than-expected fiscal first-quarter results amid weak consumer demand. The consumer products company now anticipates adjusted earnings to be in a range of $7 to $7.50 per share for fiscal 2025, down from its previous projections of $8.70 to $9.20. Sales are...

NEW YORK (Reuters) -Sentencing hearings have been scheduled for two former executives of bankrupt cryptocurrency exchange FTX who testified against founder Sam Bankman-Fried, court records showed on Tuesday.  Nishad Singh will be sentenced on Oct. 30 and Gary Wang will be sentenced on Nov. 20 in Manhattan federal court. Each pleaded guilty to fraud. Bankman-Fried in March was sentenced to...

09:20 AM EDT, 07/09/2024 (MT Newswires) -- Panther Minerals ( GLIOF ) said Tuesday that it signed a non-binding letter of intent to acquire 148 BC, which holds the Huber Heights uranium property in Nevada. Under the terms, Panther will issue 5 million shares and pay $20,000 on execution of a definitive agreement. Panther said the acquisition is part of...

The U.S. Securities and Exchange Commission (SEC) has asked a New York court to reject Coinbase’s subpoena, which seeks to compel the agency to produce documents related to crypto assets. The SEC described them as covering “essentially all documents that in any way relate to crypto assets.” SEC Opposes Coinbases Subpoena Request The motion filed on Monday represents the latest development...

Capula Investment Management LLP, one of Europes largest hedge funds, informed that it holds $464 million in shares of spot Bitcoin ETFs from BlackRock and Fidelity. Capula’s disclosure contributes to institutional investors rising interest in U.S. spot Bitcoin ETFs. Capula’s Spot Bitcoin ETF Shares A filing with the U.S. Securities and Exchange Commission on August 5 revealed that Capula Investment...

Bitcoin treasury firm Semler Scientific has added another $6 million in Bitcoin to its balance sheet, comprising more than the entirety of the medical company’s Q2 earnings. The purchase reflects an ongoing commitment to Semler’s Bitcoin acquisition strategy despite the asset recently tapping its lowest price level since February. Semler Scientific Buys More Bitcoin In a Monday press release, Semler...

BlackRock has been proving the pundits wrong amid claims that there has been little or no demand for spot Ethereum’s ETFs, The asset manager’s ETHA ETF took another $108.4 million in daily inflows on Aug. 6. This comes in the same week that the underlying asset devalued by around 25%. On “crypto black Monday,” the fund took $47 million, bringing...