The contours of the global hydrogen industry came into sharper focus this month during European Hydrogen Week in Brussels particularly from the perspective of importing nations. Yet, the mood was one of frustration. Many participants described Europes regulatory framework as overly complex and slow-moving, causing project delays and deterring investors. Still, there was an undercurrent of inevitability, given binding EU...

The euro rose slightly in European trading on Friday against a basket of major currencies, attempting to recover from a two-week low against the US dollar as traders engaged in limited buying from lower levels. The move came ahead of key eurozone inflation data expected to offer strong clues about the likelihood of a rate cut by the European Central...

The Japanese yen rose in Asian trading on Friday against a basket of major currencies, attempting to recover from its eight-month low against the US dollar and heading for its first gain in three sessions. The rebound came as traders bought the yen at low levels, encouraged by a warning from Japans finance minister and stronger-than-expected inflation data from Tokyo....

The euro edged slightly higher in European trading on Monday against a basket of major currencies, attempting to recover from a three-month low versus the US dollar amid renewed buying at lower levels. However, the single currency remains under downward pressure after eurozone inflation slowed in October, easing price pressures on European Central Bank policymakers and reinforcing expectations for an...

03:14 PM EST, 12/10/2024 (MT Newswires) -- Energy stocks were mixed late Tuesday afternoon, with the NYSE Energy Sector Index up 0.2% and the Energy Select Sector SPDR Fund (XLE) easing 0.1%. The Philadelphia Oil Service Sector index added 0.6%, and the Dow Jones US Utilities index was down 0.6%. Front-month West Texas Intermediate crude oil was rising 0.1% to...

01:52 PM EST, 12/10/2024 (MT Newswires) -- Tech stocks were in the red Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) falling 1.1% and the SPDR S&P Semiconductor ETF (XSD) dropping 2.1%. The Philadelphia Semiconductor index slumped 2.3%. In corporate news, Oracle (ORCL) shares tumbled nearly 8% after it reported late Monday fiscal Q2 non-GAAP earnings and revenue...

01:53 PM EST, 12/10/2024 (MT Newswires) -- Health care stocks fell Tuesday afternoon, with the NYSE Health Care Index shedding 0.4% and the Health Care Select Sector SPDR Fund (XLV) down 0.2%. The iShares Biotechnology ETF (IBB) dropped 0.4%. In corporate news, Walgreens Boots Alliance ( WBA ) shares surged 20%. The company is in talks to be acquired by...

01:46 PM EST, 12/10/2024 (MT Newswires) -- Financial stocks were mixed in Tuesday afternoon trading, with the NYSE Financial Index down 0.1% and the Financial Select Sector SPDR Fund (XLF) adding 0.2%. The Philadelphia Housing Index was falling 1.7%, and the Real Estate Select Sector SPDR Fund (XLRE) was dropping 1.2%. Bitcoin (BTC-USD) was declining 2.7% to $95,217, and the...

Overview * Navitas Semiconductor ( NVTS ) Q2 revenue of $14.5 mln beats analyst expectations, per LSEG data * Company raises $100 mln, focusing on AI data centers and energy infrastructure * Navitas partners with Powerchip for lower-cost GaN manufacturing Outlook * Navitas expects Q3 2025 revenue of $10 mln, impacted by China tariffs * Company anticipates Q3 non-GAAP gross...

Aug 4 (Reuters) - SBA Communications ( SBAC ) raised its annual revenue forecast and beat Wall Street estimates for quarterly revenue on Monday, helped by steady wireless carrier activity amid rising telecom expansion. Mobile network operators have increased investments in cell towers as they ramp up 5G and network infrastructure to capitalize on growing mobile demand, benefiting SBA. New...

In the last three months, 7 analysts have published ratings on MaxLinear ( MXL ) , offering a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...

SAN FRANCISCO, Aug 4 (Reuters) - Broadcom's ( AVGO ) silicon division launched its next-generation Jericho networking chip on Monday, which is designed to connect data centers over 60 miles (96.5 km) apart and speed artificial intelligence computation. The company's Jericho4 introduces and improves several features that increase the amount of networking traffic speeding across large networks that operate inside...

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.

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.

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

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.

Mahendra Kumar Dhanuka, Vice Chairman and Managing Director of the company, said the third quarter so far has not been as good as expected due to the late harvesting of crops.

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

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.

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.

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

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.

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...