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Euro moves in positive zone for the second straight session
Euro moves in positive zone for the second straight session
May 25, 2025
The euro rose in European trade on Wednesday against a basket of major rivals, extending gains for the second straight session against the dollar and recovering from a five-month trough. Recent European inflation data changed the odds of an ECB interest rate cut in July, as traders await more data this week to gather additional clues. The odds of at...
Euro on track for biggest monthly profit since 2022
Euro on track for biggest monthly profit since 2022
May 25, 2025
The euro fell in European trade on Wednesday against a basket of major rivals, expanding the losses for the second straight session against the US dollar as concerns about a US recession faded with trade talks between Washington and its trade partners progressing. Despite the decline, the euro is still heading for the biggest monthly profit since 2022 due to...
BOE cuts interest rates to two-year low
BOE cuts interest rates to two-year low
May 25, 2025
The Bank of England cuts interest rates by 25 basis points to 4.25%, the lowest since March 2023, matching expectations. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get: Full coverage of commodities such as gold, oil,...
Sterling hovers near three-year peak before crucial data
Sterling hovers near three-year peak before crucial data
May 25, 2025
Sterling rose in European trade on Thursday and expanded the gains for the fourth straight session against the US dollar, trading near a three-year high. UK consumer prices rose by the fastest pace in 14 months, renewing inflationary pressures on Bank of England policymakers and hurting the odds of a rate cut in June. Now traders await crucial UK data...
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US STOCKS-S&P 500 ends up, win streak at 5; Nasdaq ekes out gain even as Alphabet weighs
US STOCKS-S&P 500 ends up, win streak at 5; Nasdaq ekes out gain even as Alphabet weighs
Aug 14, 2024
* S&P 500, Nasdaq extend win streaks to five * U.S. CPI rises as expected in July * Alphabet dips after report US mulls Google break-up * VIX records fastest ever drop from high-fear range * Indexes up: Dow 0.61%, S&P 500 0.38%, Nasdaq 0.03% (Adds closing prices) By David French Aug 14 (Reuters) - The S&P 500 ended higher...
Japan's Nikkei edges higher in choppy trade
Japan's Nikkei edges higher in choppy trade
Aug 14, 2024
TOKYO, Aug 15 (Reuters) - Japan's Nikkei share average recouped early losses to trade marginally higher on Thursday as investors waited for more economic data from the United States to gauge the health of the world's largest economy. The Nikkei had risen 0.2% to 36,526.24 by 0022 GMT after starting in negative territory on some profit-taking, while the broader Topix...
Sector Update: Energy
Sector Update: Energy
Aug 14, 2024
03:32 PM EDT, 08/14/2024 (MT Newswires) -- Energy stocks were higher late Wednesday afternoon, with the NYSE Energy Sector Index rising 0.8% and the Energy Select Sector SPDR Fund (XLE) gaining 0.9%. The Philadelphia Oil Service Sector index declined 0.1%, and the Dow Jones US Utilities index was up 0.3%. US crude oil stocks, including those in the Strategic Petroleum...
Japan's Nikkei rises on solid economic growth, US cues
Japan's Nikkei rises on solid economic growth, US cues
Aug 14, 2024
(Updates with level as of 0230 GMT) By Brigid Riley TOKYO, Aug 15 (Reuters) - Japan's Nikkei share average rose on Thursday, as investors snapped up undervalued stocks after data showed better-than-expected economic growth in the June quarter and Wall Street closed higher overnight on September rate cut prospects. The Nikkei had risen 1% to 36,808.75 by the midday break...
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NOVEON MAGNETICS AND KANGWON ENERGY SIGN MOU TO BUILD 2,000-TON RARE EARTH MAGNET PRODUCTION FACILITY IN KOREA
NOVEON MAGNETICS AND KANGWON ENERGY SIGN MOU TO BUILD 2,000-TON RARE EARTH MAGNET PRODUCTION FACILITY IN KOREA
Nov 3, 2025
SAN MARCOS, Texas and SEOUL, South Korea, Nov. 3, 2025 /PRNewswire/ -- Noveon Magnetics, the only operational manufacturer of sintered NdFeB rare earth magnets in the United States and the first to reshore them in over 20 years, today announced a signed Memorandum of Understanding (MOU) with Kangwon Energy Co., Ltd. to establish a 2,000-ton annual production capacity sintered NdFeB...
NAPCO Security Technologies, Inc. Reports Fiscal Q1 Results
NAPCO Security Technologies, Inc. Reports Fiscal Q1 Results
Nov 3, 2025
Fiscal Q1 2026 Highlights Record Q1 Net revenues of $49.2 million, a 11.7% YoY increase Equipment revenue increased 12.3% YoY to $25.7 million Recurring service revenue (RSR) increased 11.1% YoY to $23.4 million with a 90% gross margin RSR had a prospective annual run rate of approximately $95 million based on October 2025 recurring service revenues. Gross profit margin for...
Logix Fiber Networks Connects Major Wireless Carrier with Multiple 400G Waves on 800G Backbone Across Texas
Logix Fiber Networks Connects Major Wireless Carrier with Multiple 400G Waves on 800G Backbone Across Texas
Nov 3, 2025
HOUSTON, Nov. 3, 2025 /PRNewswire/ -- Logix Fiber Networks, Texas' leading business fiber provider, has deployed multiple 400G wavelength services to one of the nation's largest wireless carriers. The deployment on an 800G backbone provides the carrier with scalable, diverse, and highly reliable backbone connectivity to support its growing wireless traffic demands. This is the first 400G deployment for our...
ECARX Announces Third Quarter 2025 Unaudited Financial Results
ECARX Announces Third Quarter 2025 Unaudited Financial Results
Nov 3, 2025
LONDON, Nov. 03, 2025 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. ( ECX ) (“ECARX” or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ended September 30, 2025. Ziyu Shen, ECARX ( ECX ) Chairman and CEO, commented, “The strong momentum from the first half of the year carried through into Q3, delivering several...
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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.
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.
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.
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