No country was better prepared for a war with Iran than China. While the rest of Asia suffers from oil and gas supply shortages as a result of the war, Beijing appears to be in a comfortable position thanks to its massive crude oil reserves and its enormous clean energy infrastructure. Over the past years, China has worked to develop...

The Japanese yen fell in Asian trading on Monday against a basket of major and minor currencies, continuing its losses for the third consecutive day against the U.S. dollar, amid renewed buying operations of the American currency as the best alternative investment, especially after the collapse of peace talks between the United States and Iran in Pakistan. With the escalation...

The dollar declined on Friday and is heading to record its largest weekly drop since January, as investors sell safe-haven assets amid optimism that oil shipments may resume if the truce in the Gulf holds. The dollar had risen strongly in March as one of the most prominent safe havens, after the American and Israeli war on Iran led to...

The euro fell in European trading on Thursday against a basket of global currencies, for the first time in the last five days against the US dollar, giving up its five-week high due to correction and profit-taking operations. Despite this decline, the single European currency remains on its way toward achieving its second consecutive weekly gain, amid improved sentiment in...

(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: FedEx Corporation ( FDX ) reported better-than-expected earnings for its third quarter and authorized a new $5 billion share repurchase program. FedEx ( FDX ) shares jumped 12.9% to $299.07 in the after-hours trading session. Worthington Steel,...

03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...

TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...

WASHINGTON (Reuters) - The Biden administration on Thursday unveiled plans to push artificial intelligence across the federal government for national security while saying its adoption must still reflect values such as privacy and civil rights. In a memo, the White House directed U.S. agencies to improve the security and diversity of chip supply chains ... with AI in mind. It...

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on 8x8 in the last three months. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 1 0 0 Last...

MILWAUKEE (Reuters) -Democrat Kamala Harris and Republican Donald Trump head to North Carolina on Saturday to try to clinch support in the southeastern battleground state just three days before Tuesday's U.S. presidential election. It will be the fourth day in a row that Vice President Harris and former President Trump visit the same state on the same day, underlining the...

Oct 24 (Reuters) - Canada's Rogers Communications ( RCIAF ) on Thursday missed market expectations for third-quarter wireless subscriber additions, hit by cautious spending on its mobile plans and stiff competition in the telecom space. The company added 101,000 monthly bill-paying wireless phone subscribers in the reported quarter, compared with estimates of 129,040, according to analysts polled by Visible Alpha....

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

March 22 (Reuters) - All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions, Bloomberg News reported on Friday. Reuters reported earlier this week that India's Reliance Industries, operator of the world's biggest refining complex, would not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent...

(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...

TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...

05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.

The crypto industry has been focussing hard on making the business more environment friendly.

El Salvador and Iceland are hotspots to watch out for as world wakes up to power of cutting-edge geothermal.

Shark Tank star and Canadian millionaire Kevin O’Leary, who has always been bullish on Bitcoin, expressed how the adoption of green energy by mining companies could reduce fossil fuel usage and trigger a wider acceptance of sustainable energy