The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...

The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

...

The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

01:40 PM EDT, 08/15/2024 (MT Newswires) -- Health care stocks rose Thursday afternoon with the NYSE Health Care Index increasing 0.2% and the Health Care Select Sector SPDR Fund (XLV) adding 0.4%. The iShares Biotechnology ETF (IBB) gained 1.4%. In sector news, the Centers for Medicare & Medicaid Services released prices for the first 10 prescription drugs under Medicare Part...

01:51 PM EDT, 08/15/2024 (MT Newswires) -- Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index rising 1.2% and the Financial Select Sector SPDR Fund (XLF) up 1% recently. The Philadelphia Housing Index was climbing 1.4%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.2%. Bitcoin (BTC-USD) was increasing 1.1% to $59,325, and...

01:32 PM EDT, 08/15/2024 (MT Newswires) -- Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 1%. The Philadelphia Housing Index was climbing 1.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was down 0.2%. Bitcoin (BTC-USD) was increasing 1.1% to $59,325, and the yield...

01:49 PM EDT, 08/15/2024 (MT Newswires) -- Cingulate ( CING ) said Thursday it got a European patent for its lead asset CTx-1301, or dexmethylphenidate, to treat attention deficit hyperactivity disorder. The stock tripled as intraday volume topped 77.5 million shares versus the daily average of about 68,000. AST SpaceMobile's ( ASTS ) profile is improving with the planned launch...

Huawei Technologies has teamed up with China's Shaanxi Coal Industry Co to pilot the intelligent coal mine technology in two places. Smart coal mine sensors monitor parameters like gas build-up, ventilation levels and flooding, and send an alert if any of these reach a dangerous level. Sustainability too has to be factored into the equation, going forward.

”If you’re watching television, the TV screen will flash the warning message and there will be audio too. If you’re listening to a song on the radio, it will be cut short and the alert will be aired. This will be done very shortly,” the official said.

Erratic patterns of rainfall, heatwaves, storms, floods, and other consequences of climate change are threatening our genetically similar food crops. The way out is to introduce genetic diversity, but that's easier said than done.

Utimaco provides a Public Warning System (PWS) that sends alerts and warnings within seconds to every cell phone in an area affected by a catastrophic situation without the need for mobile numbers and irrespective of the congestion in the telecom network.

Irani beat Gandhi in the Amethi constituency, which had been held by his family almost continuously for the last four decades.

Amid speculation that JDS-Congress coalition may collapse following its drubbing in the Lok Sabha polls, Karnataka BJP Chief BS Yeddyurappa...

The government on Sunday said reports on the deteriorating health of outgoing finance minister Arun Jaitley are false and baseless....

UPA chairperson Sonia Gandhi has said she is ready to sacrifice everything to safeguard the basic values of the country,...

07:18 AM EDT, 09/23/2024 (MT Newswires) -- Brian Lian, Director, President & CEO, on September 20, 2024, sold 216,130 shares in Viking Therapeutics ( VKTX ) for $15,308,553. Following the Form 4 filing with the SEC, Lian has control over a total of 2,304,927 shares of the company, with 2,304,927 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1607678/000095017024108576/xslF345X05/ownership.xml Price: 70.86, Change: +0.39,...

06:01 AM EDT, 08/19/2025 (MT Newswires) -- DoorDash's ( DASH ) planned acquisition of Deliveroo will be reviewed by the European Commission under a simplified merger procedure, according to an update posted by the commission on its website on Tuesday. The competition regulator has set a provisional decision deadline of Sept. 19, the update showed. ...

Monday, AstraZeneca Plc ( AZN ) released high-level results from the TROPION-Breast01 Phase 3 trial of datopotamab deruxtecan (Dato-DXd) compared to the investigator’s choice of chemotherapy. The study did not achieve statistical significance in the final overall survival (OS) analysis in patients with inoperable or metastatic hormone receptor (HR)-positive, HER2-low or negative breast cancer previously treated with endocrine-based therapy and...

STOCKHOLM, Sept 23 (Reuters) - Swedish battery maker Northvolt plans to lay off 1,600 employees in Sweden, including 1,000 positions at its Northvolt Ett factory in Skelleftea in the north of the country, the cash-strapped company said on Monday. The group said it would suspend plans for a large expansion of Northvolt Ett and will now focus its resources on...

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.

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.

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.