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Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
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Sector Update: Tech
Sector Update: Tech
Sep 3, 2025
12:56 PM EDT, 09/03/2025 (MT Newswires) -- Tech stocks were mixed Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 0.2% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.8%. The Philadelphia Semiconductor index decreased 0.9%. In corporate news, Alphabet (GOOG) shares jumped 8.9% after several analysts increased their price targets on the stock following Tuesday's federal court...
Communication Services Helps Lift Gains in S&P 500, Nasdaq
Communication Services Helps Lift Gains in S&P 500, Nasdaq
Sep 3, 2025
12:21 PM EDT, 09/03/2025 (MT Newswires) -- US equity indexes were mixed as communication services helped the S&P 500 and the Nasdaq Composite outperform in midday trading on Wednesday. The Nasdaq Composite jumped 1.2% to 21,526.6, with the S&P 500 up 0.5% to 6,446.1. The Dow Jones Industrial Average declined 0.3% to 45,183.3. The communication services sector was the top...
Wall Street rises after positive court order on Alphabet
Wall Street rises after positive court order on Alphabet
Sep 3, 2025
U.S. stock indexes were mostly higher on Wednesday after a court ruling involving Alphabet boosted demand for the technology sector. Alphabet shares jumped 7.4% to $227.68 after a U.S. court ruled against breaking up Googles parent company, removing a major regulatory hurdle for the tech giant. Apple shares also gained 2.4% to $235.12, supported by the same decision that allows...
Euro zone bond yields lower at end of volatile day
Euro zone bond yields lower at end of volatile day
Sep 3, 2025
(Updates with afternoon trading) By Jaspreet Kalra Sept 3 (Reuters) - Euro zone bond yields were set to finish a volatile day lower on Wednesday, as the recent global selloff eased with help from U.S. labour market data that supported bets on a Federal Reserve rate cut this month. Germany's 30-year yield rose to a 14-year high of 3.4340% before...
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Apple's Now-Defunct Car's Design Evolution Shows It Would Have 'Wowed Consumers,' Says Gurman: 'Shame These ... Will Be Lost To Time'
Apple's Now-Defunct Car's Design Evolution Shows It Would Have 'Wowed Consumers,' Says Gurman: 'Shame These ... Will Be Lost To Time'
Mar 10, 2024
The demise of Apple, Inc.’s self-driving car has spawned tales about what went wrong, and on Sunday, Bloomberg’s Mark Gurman shed some insights into how an Apple ( AAPL ) car would have looked like. Massive Disappointment: When Apple ( AAPL ) began planning to diversify its revenue stream beyond the iPhone in 2014, it zeroed in on an electric...
Nvidia is sued by authors over AI use of copyrighted works
Nvidia is sued by authors over AI use of copyrighted works
Mar 10, 2024
March 10 (Reuters) - Nvidia ( NVDA ), whose chips power artificial intelligence, has been sued by three authors who said it used their copyrighted books without permission to train its NeMo AI platform. Brian Keene, Abdi Nazemian and Stewart O'Nan said their works were part of a dataset of about 196,640 books that helped train NeMo to simulate ordinary...
Singapore-based Silicon box to invest $3.5 bln in new chip plant in Italy
Singapore-based Silicon box to invest $3.5 bln in new chip plant in Italy
Mar 11, 2024
ROME, March 11 (Reuters) - Singapore-based semiconductor firm Silicon Box will invest 3.2 billion euros ($3.50 billion) in a new plant in northern Italy under a government-backed deal, the country's industry ministry said on Monday. The project is part of long-standing Italian efforts to attract investment from tech companies since a deal with U.S. firm Intel ( INTC ) has...
EU Commission's use of Microsoft software breached privacy rules, watchdog says
EU Commission's use of Microsoft software breached privacy rules, watchdog says
Mar 11, 2024
BRUSSELS, March 11 (Reuters) - The European Commission's use of Microsoft ( MSFT ) software breached EU privacy rules and the bloc's executive also failed to implement adequate safeguards for personal data transferred to non-EU countries, the EU privacy watchdog said on Monday. The European Data Protection Supervisor (EDPS) ordered the Commission to take measures to comply with privacy rules...
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What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
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.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
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.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
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. 
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
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US startup Lunar Outpost raises $30 million to speed moon rover development
US startup Lunar Outpost raises $30 million to speed moon rover development
May 7, 2026
* Lunar Outpost, other firms vying for NASA moon rover contract * Company's Pegasus rover designed to sate NASA push for speed * $30 million Series B round to help fund Pegasus development By Joey Roulette WASHINGTON, May 7 (Reuters) - U.S. startup Lunar Outpost closed a $30 million funding round this week that will speed development of a new...
Bridge Logistics Properties Secures ±68-Acre Development Site in Jurupa Valley’s The District in Largest Inland Empire Industrial Land Sale in Three Years
Bridge Logistics Properties Secures ±68-Acre Development Site in Jurupa Valley’s The District in Largest Inland Empire Industrial Land Sale in Three Years
May 7, 2026
Acquisition reinforces BLP’s investment strategy, enabling development of up to a 1.5 million-square-foot, state-of-the-art logistics facility with best-in-class specifications LOS ANGELES--(BUSINESS WIRE)-- Bridge Logistics Properties (“BLP”) announced the acquisition of a ±68-acre fully entitled development site within The District, a 245-acre mixed-use master-planned development in Jurupa Valley, California. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260507421194/en/...
GI Partners Completes Acquisition of the CDMO and Cell Solutions Businesses from Charles River Laboratories and forms Rose BioSolutions
GI Partners Completes Acquisition of the CDMO and Cell Solutions Businesses from Charles River Laboratories and forms Rose BioSolutions
May 7, 2026
Creates Standalone Leader in Advanced Therapy Manufacturing with Decades of Proven Experience and Continued Commitment to Client Service Dedicated Resources and Backing from GI Partners to Drive Innovation and Introduce New Capabilities SAN FRANCISCO, May 7, 2026 /PRNewswire/ -- GI Partners, a leading private investment firm, today announced it has completed the acquisition of the Contract Development and Manufacturing Organization...
Payward to Acquire Reap to Expand B2B Offering with Global Payments Infrastructure
Payward to Acquire Reap to Expand B2B Offering with Global Payments Infrastructure
May 7, 2026
Acquisition will extend Payward’s globally regulated superinfrastructure into the global cards and payments space CHEYENNE, Wyo.--(BUSINESS WIRE)-- Payward, Inc., a unified financial infrastructure platform advancing an open, global financial system, today announced it has entered into a definitive agreement to acquire Reap Technologies Holdings Limited (Reap), a leading stablecoin-native, card issuing and payments infrastructure company enabling global money movement, for...
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Donald Trump Jr. Sets Sights on Banking Reform with Upcoming DeFi Project
Donald Trump Jr. Sets Sights on Banking Reform with Upcoming DeFi Project
Aug 9, 2024
Former President Donald Trump, now a presidential candidate, has made Bitcoin a central focus of his campaign, promising to make the US a global crypto leader. Building on his fathers recent pivot toward crypto, Donald Trump Jr. is developing a new decentralized finance (DeFi) platform to address banking access inequality. Trump Jr Targets the Debanked On August 8, in a...
USDT Issuer Tether to Expand Workforce to 200 Employees by Mid
USDT Issuer Tether to Expand Workforce to 200 Employees by Mid
Aug 9, 2024
Stablecoin issuer Tether intends to double its workforce within the next year to strengthen areas such as compliance. By mid-2025, the company behind the USDT stablecoin anticipates expanding its headcount to approximately 200 employees, according to Chief Executive Officer Paolo Ardoino. Tether also plans to increase staffing in its finance department, which oversees the $118 billion in assets backing USDT....
Massive Bitcoin and Crypto Crash and Epic Recovery: This Week’s Recap
Massive Bitcoin and Crypto Crash and Epic Recovery: This Week’s Recap
Aug 9, 2024
This week saw one of the most dramatic crashes in the cryptocurrency market—one that we hadnt seen since the collapse of FTX in November 2022. What is even more interesting was the epic recovery of the majority of coins in the following days. Ultimately, the market ended up losing some $70 billion of its total capitalization, but it could have...
Crypto Leaders Call Out White House For Claiming ‘Chokepoint 2.0’ Isn’t Real
Crypto Leaders Call Out White House For Claiming ‘Chokepoint 2.0’ Isn’t Real
Aug 9, 2024
Several crypto industry figureheads met with White House officials on Thursday morning to attempt to mend relations between the emerging fintech sector and the U.S. Democratic Party, according to FOX Business. The meeting reportedly grew tense when the government denied the industry’s claims that there was a coordinated effort to cut off crypto firms from the banking system – a...
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