The British pound weakened against a basket of major currencies during European trading on Thursday, pulling back from a two-month high against the US dollar as investors engaged in profit-taking following its strongest daily gain since March, supported by growing optimism over recent political developments in the United Kingdom. The recent rise in oil prices has intensified inflationary pressure on...

The New Zealand dollar weakened against a basket of major currencies during Asian trading on Thursday, pulling back from a four-week high against its US counterpart and heading for its first loss in three sessions as investors locked in recent gains. The move also coincided with a modest recovery in the US dollar amid ongoing military strikes between the United...

The Bank of Canada left its key overnight interest rate unchanged at 2.25% on Wednesday, in line with market expectations, while signaling that the Canadian economy is likely to regain momentum during the second half of the year as inflationary pressures ease. The decision marked the sixth consecutive meeting in which the central bank kept interest rates unchanged, following an...

The euro fell against a basket of major currencies during European trading on Friday, extending losses against the US dollar for a second consecutive session as demand for the US currency strengthened as a safe haven amid growing concerns over a renewed escalation in the Iran conflict. The latest weakness came as military exchanges between the United States and Iran...

05:02 PM EDT, 09/20/2024 (MT Newswires) -- The Dow Jones Industrial Average stretched its record closing run Friday while the S&P 500 retreated from Thursday's all-time high as markets evaluated remarks by two Federal Reserve governors. The Dow rose 0.1% to 42,063.4, while the S&P 500 dropped 0.2% to 5,702.6. The Nasdaq Composite fell 0.4% to 17,948.3, Among sectors, utilities...

04:40 PM EDT, 09/20/2024 (MT Newswires) -- The Dow Jones Industrial Average stretched its record closing run Friday as markets evaluated remarks by two Federal Reserve governors. The Dow rose 0.1% to 42,063.4. The Nasdaq Composite fell 0.4% to 17,948.3, while the S&P 500 dropped 0.2% to 5,702.6, retreating from its all-time high on Thursday. Among sectors, utilities led the...

04:02 PM EDT, 09/20/2024 (MT Newswires) -- US benchmark equity indexes ended mixed Friday as traders assessed remarks by two Federal Reserve governors. * Fed Governor Michelle Bowman said Friday she preferred a smaller 25-basis-point cut at the meeting. * Although it is important to recognize that there has been meaningful progress on lowering inflation, while core inflation remains around...

(Reuters) -Qualcomm ( QCOM ) made a takeover approach to chipmaker Intel ( INTC ) in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel's ( INTC ) shares closed up 3.3%, while Qualcomm ( QCOM ) fell 2.9%. Qualcomm ( QCOM ), with a market capitalization of $188 billion, is worth about...

(Reuters) - Telecom giant Telefonica is partnering with Epic Games to bring the Fortnite video game maker's marketplace app directly to millions of devices on the Spanish company's network, the companies said on Thursday. The marketplace app, called Epic Games Store, will be pre-installed on all new compatible Android devices operating on the Telefonica network across regions including Spain, UK,...

Dec 12 (Reuters) - Telecom giant Telefonica is partnering with Epic Games to bring the Fortnite video game maker's marketplace app directly to millions of devices on the Spanish company's network, the companies said on Thursday. The marketplace app, called Epic Games Store, will be pre-installed on all new compatible Android devices operating on the Telefonica network across regions including...

NEW YORK, Dec 11 (Reuters) - Logility Supply Chain Solutions ( LGTY ), a maker of artificial intelligence-powered software that helps companies manage their inventories and supply chains, is exploring a sale, according to people familiar with the matter. The Atlanta, Georgia-based company, which was previously known as American Software and has a market value of about $400 million, is...

In the last three months, 10 analysts have published ratings on Palantir Technologies ( PLTR ) , offering a diverse range of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

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.

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.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

The volume of the sneaker segment in India is projected to reach 66 million pairs by 2028. Shares of Metro Brands Ltd ended at ₹1,326.85, up by ₹27.10, or 2.09%, and shares of FSN E-Commerce Ventures Ltd ended at ₹172.10, up by ₹2.80, or 1.65%, on the BSE.

Yash Sharma, Director of Ganesha Ecosphere expects the aggressive capacity expansion plans to help the company achieve 20-22% CAGR over the next 3-4 years.

The fund house opened the year with an AUM (assets under management) of over ₹2.25 lakh crore. The open-ended equity scheme represents the manufacturing theme and opens for subscription on December 1 and closes on December 15.

The unseasonal rainfall in Mumbai and other parts of the state prompted concerns about potential disruptions in the agricultural supply chain.

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

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

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

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.