The Canadian dollar fell against most major rivals on Wednesday after an expected policy decision by the BOC. The Bank of Canada announced the first interest rate cut in four years. It comes after the bank started an aggressive policy tightening process in March 2022 that saw it add 475 basis points to interest rates to 5%. With todays decision,...

The Bank of Canada announced the first interest rate cuts in four years. It comes after the bank started an aggressive policy tightening process in March 2022 that saw it add 475 basis points to interest rates to 5%. With todays decision, the BOC cut rates by 0.25% to 4.75% as expected. The BOC said in its policy statement that...

US Dollar Sell-Off Stalls After Strong US ISM Services Report US ISM services data beats market forecasts.US dollar grabs a small bid but remains under pressure ahead of NFPs. Recommended by Nick Cawley Get Your Free USD Forecast The latest ISM services report shows US business activity in robust shape with the headline index beating forecasts and last month’s reading...

British Pound (GBP) Latest – GBP/USD and EUR/GBP Technical Outlooks Cable set to re-test 1.2818 as the US dollar fades.EUR/GBP is within 25 pips of hitting levels last seen in August 2022. Recommended by Nick Cawley How to Trade GBP/USD The US dollar, Euro, and the Japanese Yen have all been in the spotlight over the past few weeks while...

(Reuters) -U.S. stock index futures were subdued on Tuesday as investors awaited the outcome of a second day of trade talks between the United States and China aimed at cooling a tariff dispute that has bruised global markets this year. Investors are hoping for an improvement in ties after the relief sparked by a preliminary deal agreed in Geneva last...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures: Dow down 0.08%, S&P 500 up 0.05%, Nasdaq up 0.06% June 10 (Reuters) - U.S. stock index futures were subdued on Tuesday as investors awaited the outcome of a second day of trade talks between the United States...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures: Dow down 0.05%, S&P 500 up 0.06%, Nasdaq up 0.07% * Recursion Pharmaceuticals ( RXRX ) rises after 20% staff reduction * Second day of US-China trade talks being held in London (Updates with prices) By Kanchana Chakravarty...

(Reuters) -U.S. stock index futures were subdued on Tuesday as investors awaited the outcome of a second day of trade talks between the United States and China aimed at cooling a tariff dispute that has bruised global markets this year. Investors are hoping for an improvement in ties after the relief sparked by a preliminary deal agreed in Geneva last...

TAIPEI (Reuters) -Taiwan shut down ahead of the arrival of strong Typhoon Kong-rey on Thursday with all cities and counties declaring a day off, financial markets closed and domestic flights cancelled for what is expected to be the largest storm by size in 30 years. The storm is forecast to make landfall on the mountainous and sparsely populated east coast...

Thursday, Oct. 31Coinbase's Base Adds Fault Proofs, Patching Achilles' Heel of Optimistic SetupThe U.S. crypto exchange Coinbase's layer-2 chain, Base, has enabled fault proofs on the main network, marking a key milestone on our path to decentralization. The announcement comes four months after Optimism — the layer-2 blockchain upon which Base's technology is built — added fault proofs, a core...

SHENZHEN, China (Reuters) - Former Huawei Technologies unit Honor announced on Thursday it had received an undisclosed investment from partners including China Telecom and a unit of CICC Capital Corp. The Chinese smartphone maker announced last November it was pursuing an initial public offering, without disclosing a location or a timeframe for the listing. ...

(Reuters) - Private equity firm Blackstone Inc is bidding C$7 billion ($5.03 billion) for a minority stake in telecom and media company Rogers Communications's cellphone infrastructure business, the Globe and Mail reported on Wednesday. Last week, the Canadian company Rogers announced the deal, which would lessen its debt burdens, but did not disclose the name of the investor. Under the...

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

* Google asked Supreme Court to freeze parts of judge's order * Order was issued in suit by Fortnite maker Epic Games * Google says it will continue its appeal (Adds Google and Epic Games comments in paragraphs 6-7) By Mike Scarcella WASHINGTON, Oct 6 (Reuters) - The U.S. Supreme Court declined on Monday to halt key parts of a...

* Executives share vision of turning ChatGPT into operating system * Newly announced partners like Spotify ( SPOT ), Mattel ( MAT ) saw stock bump * OpenAI's ambitions have drawn investor concerns about AI bubble (Adds executive comments about operating system to paragraphs 5-8, partners' shares in paragraph 9) By Deepa Seetharaman and Kenrick Cai SAN FRANCISCO, Oct 6...

Oct 6 (Reuters) - A fire broke out at Dow's chemical Plant B in Freeport, Texas on Monday, the company said in a Facebook post. ...

(Reuters) -Goldman Sachs raised on Monday its December 2026 gold price forecast to $4,900 per ounce from $4,300, citing strong Western exchange-traded fund (ETF) inflows and likely central bank buying. We see the risks to our upgraded gold price forecast as still skewed to the upside on net, because private sector diversification into the relatively small gold market may boost...

Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday.

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.

Binance will pay $4.3 billion in one of the largest corporate agreements in US history. Changpeng Zhao will pay a $50 million fine under a deal that requires him to step down as CEO. Zhao pleaded guilty Tuesday to violating the Bank Secrecy Act in federal court in Seattle.

Bitcoin prices have typically rallied in the past following halvings. Six months after the first halving in 2012, the price jumped to $126 from $12. After the second halving in 2016, it went to $1,000 from $654 within seven months and in 2020 it shot up to $18,040 from $8,570 in the same time period.