Aluminum continues to perform strongly despite global economic shifts and regional extraction and refining challenges. On July 25, aluminum prices on the London Metal Exchange climbed to a four-month high, closing the week at $2,656.5 and $2,657 per tonan increase of $10.5 or 0.39%. According to reports, this rise was mainly driven by renewed optimism about Chinese demand, along with...

The US dollar rose against major currencies on Wednesday after the Federal Reserve kept interest rates unchanged, in line with market expectations, despite pressure from US President Donald Trump. The Federal Open Market Committee voted 9 to 2 in favor of keeping the benchmark overnight interest rate in a range between 4.25% and 4.50%, marking the fifth consecutive meeting with...

The dollar moved toward its strongest weekly performance in nearly three years against major currencies, maintaining its momentum on Friday after President Donald Trump imposed new tariffs on dozens of trade partners. Currencies of heavily impacted countries saw sharp declines, such as Switzerland, which now faces a 39% tariff. The Swiss franc dropped to its lowest level in six weeks,...

Preliminary estimates released Friday morning by Eurostat showed that the Eurozone's annual Consumer Price Index (CPI) rose by 2.0% in July, surpassing market expectations of a 1.9% increase and matching the previous reading of 2.0%. Excluding food and energy, core CPI rose by 2.3%, in line with market forecasts and unchanged from the previous reading. These figures highlight persistent inflationary...

(Reuters) - U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor optimism about demand for processors used to power artificial intelligence applications. Taiwan Semiconductor Manufacturing Co ( TSM ), the world's largest contract chipmaker, raised its expectation for annual revenue growth and said sales from AI chips would account for mid-teen...

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Greed” zone on Wednesday. U.S. stocks settled higher on Wednesday, with the Dow Jones index surging to a record close during the session. Morgan Stanley ( MS ) shares gained 6.5% after the bank topped market estimates for both...

04:55 PM EDT, 10/17/2024 (MT Newswires) -- The Dow Jones Industrial Average stretched its record closing run Thursday as traders evaluated the latest economic data and corporate earnings. The Dow rose 0.4% to 43,239.1. The S&P 500 and the Nasdaq Composite closed little changed at 5,841.5 and 18,373.6, respectively. Energy and technology posted the biggest gains among sectors, while utilities...

06:47 AM EDT, 10/17/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Thursday's opening bell. Taiwan Semiconductor Manufacturing ( TSM ) advanced by 8.2% premarket, following a 0.2% increase from the previous session. Taiwan Semiconductor Manufacturing ( TSM ) reported Q3 earnings of 12.54 new Taiwan dollars ($0.39) per diluted share, up from...

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 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.

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.

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 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.

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.

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.

Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.

07:50 AM EDT, 09/12/2024 (MT Newswires) -- Tenon Medical ( TNON ) shares surged 198% in recent Thursday premarket activity, a day after it said it planned to proceed with a public share offering to regain compliance with Nasdaq's minimum float requirement. Smart for Life ( SMFL ) stock soared 60%, shaving this week's losses. Pineapple Energy ( PEGY )...

Sept 12 - General Mills ( GIS ) will sell its North America yogurt business to French dairy firms Groupe Lactalis and Sodiaal in a $2.1 billion deal, the Cheerios maker said on Thursday. Lactalis will acquire the U.S. business and Sodiaal will buy the Canadian unit, the company said. Reuters reported in April that General Mills ( GIS )...

BENGALURU, Sept 13 (Reuters) - Ford plans to restart a manufacturing plant for exports in the southern Indian state of Tamil Nadu, the company said on Friday. ...

LONDON, Sept 12 (Reuters) - British health and beauty retailer Boots has promoted Anthony Hemmerdinger to the managing director role, succeeding Seb James on Nov. 4, it said on Thursday. Boots UK, owned by U.S. listed Walgreens Boots Alliance ( WBA ) , is one of Britain's biggest retailers, trading from about 1,900 stores and employing 52,000. Hemmerdinger, a former...

Whales have been steadily accumulating Aster (ASTER), with large holders purchasing more than $48 million worth of the token in just the past 24 hours. The project has also gained backing from prominent figures in the crypto space, including former Binance CEO Changpeng Zhao (CZ). Whales and Experts Are Stacking Up ASTER On-chain analytics platform Lookonchain shared via X that...

Bitcoin has recently faced heightened volatility, with the price rejected near the $118K supply zone. The market now sits at a pivotal area where order flow and liquidity pockets will determine the next directional move. Technical Analysis By Shayan The Daily Chart On the daily timeframe, Bitcoin was rejected from the supply zone at $118K, which aligns with the descending...

TL;DR AI chatbots are rather pessimistic that PI can reach such a milestone in the remaining months of the year. However, certain factors, such as a potential listing on Binance, may increase the likelihood. Further Gains Incoming? Pi Networks native cryptocurrency, which recently plunged to a new all-time low, has soared by 5% in the past 24 hours and currently...

TL;DR: XRP forms ABCDE correction end, with $2.65 support holding and $3.333 breakout level approaching. Short-term holder NUPL shows capitulation, echoing past bottom zones that preceded price recoveries. Binance XRP reserves spike to 3.5B, raising questions over potential selling or inactive supply. XRP Forms Final Leg of Technical Correction XRP is completing a multi-month triangle pattern that has followed the...