Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.

　　California's New Law: Turning Parking Lots into Affordable Housing 　　Introduction　　In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing. 　　The Law's Provisions　　The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...

　　Generative AI: Adobe's Finance Organization Embraces Innovation 　　Introduction　　Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...

November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.

08:56 AM EDT, 05/16/2025 (MT Newswires) -- Financial stocks were edging higher pre-bell Friday, with The Financial Select Sector SPDR Fund (XLF) up 0.1%. The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.4% lower. HSBC Holdings ( HSBC ) is forming a new Capital Markets...

08:52 AM EDT, 05/16/2025 (MT Newswires) -- Health care stocks were flat to higher premarket Friday with the iShares Biotechnology ETF (IBB) inactive and the Health Care Select Sector SPDR Fund (XLV) recently up 0.6%. BioMarin Pharmaceutical ( BMRN ) said it has agreed to acquire Inozyme Pharma ( INZY ) at $4 per share in cash for a total...

08:03 AM EDT, 05/16/2025 (MT Newswires) -- US equity futures were edging higher pre-bell Friday as traders awaited the release of a string of economic data, including a report on the country's housing market. The Dow Jones Industrial Average futures were up 0.4%, S&P 500 futures increased 0.3%, and Nasdaq futures were 0.3% higher. Oil prices were higher, with front-month...

08:23 AM EDT, 05/16/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.3% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.3% in Friday's premarket activity, amid lingering uncertainties surrounding the effects of the US trade policy on consumer prices and corporate earnings. US stock futures were also higher,...

The past week has been a rollercoaster ride for Apple Inc. ( AAPL ) . From facing a U.S. probe that threatens its iPhone chips production to setting a new sales record for its iPhone, the tech giant has seen it all. Amidst these developments, Apple ( AAPL ) also found itself in the middle of a patent dispute and...

Bitcoin price (BTCUSD) shows new positive trades and attempts to surpass 68000.00$ barrier, to keep the bullish trend scenario valid and active for the upcoming period, and the price needs to get positive motive that assist to push the price to rally towards our next waited target at 70000.00$. Breaching 68300.00$ will ease the mission of achieving the waited target,...

Sugar price bounced bearishly again after testing 22.15$ level in the previous sessions, but it found solid support at 21.55$, waiting to get negative motive that assist to push the price to break this level and confirm the continuation of the bearish trend on the intraday and short-term basis, reminding you that breaking the mentioned level will push the price...

(Reuters) -Taiwan Semiconductor Manufacturing Company suspended shipments to China-based chip designer Sophgo after a chip it made was found on a Huawei AI processor, according to two people familiar with the matter. Sophgo had ordered chips from TSMC that matched the one found on Huawei's Ascend 910B, the people said. Huawei is restricted from buying the technology to protect U.S....

The new rule also proposes to eliminate certain provisions of a license exception for partner countries involving the reexport of NS-controlled items to countries of national security concern to ensure consistent reviews of exports and reexports of US items.

Police in the Indian capital and the northern state of Uttar Pradesh - both hotbeds of dissent - have used the technology during protests that have raged since mid-December against a new citizenship law that critics say marginalises Muslims.

On this day in 1998, India successfully conducted first of its five nuclear tests under the then prime minister Atal Bihari Vajpayee.

Facebook warned of threats to innovation and freedom of expression on Monday, ahead of the release of a raft of rules by the European Union this week and in the coming months to rein in US and Chinese tech companies.

10:49 AM EDT, 10/17/2024 (MT Newswires) -- CleanCore Solutions ( ZONE ) said Thursday it has signed an agreement to roll out its products at Knight-Swift Transportation ( KNX ) facilities. The introduction of CleanCore products such as commercial laundry units, fill stations and ice machines is expected to support sustainability and cost-effectiveness at Knight-Swift, CleanCore said. The deal is...

11:09 AM EDT, 10/17/2024 (MT Newswires) -- Miata Metals ( MMETF ) on Thursday said it closed its acquisition of 79North in a $7.1 million all-share transaction. Miata now holds a 70% interest in the Sela Creek Gold Project, which it can increase to 100%, and a 70% interest in the Nassau gold project, both in Suriname. Miata is in...

On Thursday, Amicus Therapeutics ( FOLD ) announced that it has entered into a License Agreement with Teva Pharmaceuticals Inc. . The agreement resolves the patent litigation brought by Amicus in response to Teva’s Abbreviated New Drug Application (ANDA) seeking approval to market a generic version of Galafold (migalastat) 123mg capsules before the expiration of the applicable patents. Also Read: Teva...

11:12 AM EDT, 10/17/2024 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph.) Amicus Therapeutics' ( FOLD ) shares were up over 12% in recent trading Thursday after the company said it agreed to settle its patent litigation against Teva Pharmaceuticals (TEVA). Amicus said it agreed to grant Teva a license to market its generic...

TL;DR Numerous analysts foresee ETH gearing up for a significant move, setting price targets above $3,000. Spot ETH ETFs have attracted steady inflows, indicating strong investor sentiment. At the same time, increasing exchange netflows hint at possible short-term selling pressure. Whats Next? The price of Ethereum has risen over 40% in the past month, currently trading just north of $2,550....

Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...

Ripple remains confined within a narrow price range, with minimal fluctuations in recent action. This low-volatility environment suggests an imminent breakout, which will likely define the next major trend. XRP Analysis The Daily Chart XRP is currently trading within a narrow and critical price range, bounded by the 100-day and 200-day moving averages at $2.2, and the descending wedge’s upper...

Bitcoin clawed back losses on Monday, rising to nearly $110,000 after US President Donald Trumps unexpected EU tariff announcement rattled markets over the weekend. A key technical pattern has now emerged, which could potentially hint at the next major move in the cryptocurrencys ongoing price trend. Bitcoins Double Bottom Formation Bitcoin may be on track to reach $112,000 following the...