The Australian dollar rose broadly in European trading on Wednesday against a basket of major currencies, extending gains for the sixth consecutive session versus the US dollar and hitting a three-week high. The currency has become one of the most attractive investment opportunities in the forex market following hotter-than-expected inflation data from Australia. The strong inflation figures renewed pressure on...

Apple and Microsoft shares climbed on Tuesday, pushing each companys market capitalization above the $4 trillion mark a historic milestone for Americas technology titans. Despite the gains, both firms still trail Nvidia, currently the worlds most valuable company, with a market cap exceeding $4.6 trillion. Microsoft first hit the $4 trillion level in July. Microsoft shares rose nearly 3% after...

The US dollar fell on Tuesday as traders prepared for a series of central bank meetings expected to deliver an interest rate cut by the Federal Reserve, while investors also focused on President Donald Trumps Asia tour amid hopes for a trade deal with China. The Japanese yen rose more than 0.6% to 151.855 per dollar ahead of this weeks...

The euro fell in European trading on Wednesday against a basket of major currencies, retreating from a one-week high versus the US dollar and heading toward its first loss in six sessions, as the greenback rebounded ahead of the Federal Reserves policy decision. Renewed inflationary pressure in the eurozone has dampened expectations that the European Central Bank (ECB) will cut...

CNBC-TV18 had reported on Thursday siting sources that Alipay, a unit of Jack Ma's Alibaba is looking to sell 29.6 crore shares or 3.4% of the company's overall equity in a block deal.

The rally in the Tata Motors stock comes ahead of the listing of its arm Tata Technologies Ltd on the bourses. Last heard, shares of Tata Technologies were trading at a premium of ₹420 in the grey market, suggesting a likely listing at ₹920 over its issue price of ₹500.

The Gurugram-based fintech firm is working with DAM Capital Advisors and SBI Capital Markets for preparations of its listing. The company is aiming to file an initial prospectus as soon as next month and a share sale could happen in 2024.

BHEL Share Price: The stock has been on an upward swing since November 22, and has gained  14% in the last five trade sessions. It has gained 105% this year, so far.

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

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.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

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 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.

Dec 5 (Reuters) - Air Products said on Thursday that Mantle Ridge, the activist investor backed by Paul Hilal, has withdrawn its proposal to overhaul the industrial gases maker's board and will now nominate only four candidates for election. Earlier this year, Reuters reported Mantle Ridge had nominated nine directors to replace the entire board, as the activist investor pushed...

06:57 AM EST, 12/05/2024 (MT Newswires) -- Shell (SHEL) and Equinor ( EQNR ) said Thursday that their UK subsidiaries are combining their UK offshore oil and gas assets and operations to form a new independent joint venture for domestic oil and gas production in the country's North Sea. Financial terms weren't disclosed. The two parties will own a 50%...

06:57 AM EST, 12/05/2024 (MT Newswires) -- Utz Brands ( UTZ ) said Thursday it opened the Rice Distribution Center, a 650,000 square foot logistics hub in Hanover, Pennsylvania. The center, equipped with 73 dock doors and 375 trailer parking spots, will serve as the main logistics hub for inventory storage, consolidation, and distribution for Utz Brands ( UTZ )...

06:56 AM EST, 12/05/2024 (MT Newswires) -- AudioEye ( AEYE ) said Thursday that a secondary offering of up to 1.3 million shares by selling shareholders has been priced at $24 each. The offering is slated to be completed on Friday. Underwriters will have a 30-day option to buy up to an additional 187,500 shares at the offering price, the...

Nano Labs, a Nasdaq-listed crypto infrastructure company, has announced a $500 million convertible note deal that it will use to acquire BNB as a strategic treasury reserve. The Hong Kong-based firm, known for designing crypto mining chips, is targeting up to $1 billion worth of BNB, which will eventually put its holding at between 5% and 10% of the token’s...

The US Federal Reserve Board stated on Monday that it is eliminating “reputational risk” as a supervisory tool for banks. The move could potentially open the digital doors for crypto companies that have faced challenges dealing with banks. Reputational risk was often cited as justification for banks to avoid crypto-related businesses. The US House Committee on Financial Services applauded the...

Bitcoin (BTC) has once again surged past $105,000, propelled by the easing of geopolitical tensions in the Middle East; however, an even more noteworthy story lies beneath the surface: the market has absorbed a colossal wave of profit taking without collapsing. About 720,000 BTC, sold mainly by recent buyers since mid-April, has been met with an equally strong demand, preventing...

Grayscale, the worlds largest crypto-oriented asset manager, announced the creation and the launch of the Grayscale Space and Time Trust. The purpose of this new investment vehicle is to provide investers with exposre to SXT, the native cryptocurrency behind the Space and Time Network through a fully-regulated financial product. According to a press release shared with CryptoPotato, the trust is now open...