The U.S. dollar rose against other major currencies during thin trading late Sunday, as investors pivoted toward the American currency as a relatively safe haven, following the failure of prolonged talks between Washington and Tehran to reach a peace agreement, plunging markets into a seventh week of uncertainty. U.S. President Donald Trump said on Sunday that the U.S. Navy would...

The U.S. dollar declined on Tuesday, heading toward recording its seventh consecutive daily loss, as investor hopes increase for reaching a diplomatic solution to the conflict in the Middle East, despite the U.S. military beginning the implementation of a blockade on Iranian ports. The dollar index, which measures the performance of the American currency against a basket of six major...

Elon Musks SpaceX is heading toward becoming one of the largest listed companies in the world by market value, as it prepares for a potential initial public offering (IPO) on the stock exchange. Reports said that the company, which develops rockets and space exploration technologies and operates the Starlink communications satellite network, has secretly filed a document with U.S. regulators...

The euro rose in European markets on Tuesday against a basket of global currencies, extending its gains for the seventh consecutive day against the U.S. dollar, recording its highest level in six weeks, benefiting from the drop in the levels of the American currency after a breakthrough in negotiations between the United States and Iran, despite the naval blockade that...

03:57 PM EDT, 07/24/2024 (MT Newswires) -- Consumer stocks were lower late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) down 4%. In corporate news, T-Mobile US ( TMUS ) said Wednesday it has agreed to form a joint venture with KKR (KKR) that will buy...

03:50 PM EDT, 07/24/2024 (MT Newswires) -- Tech stocks were sharply lower late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) dropping 4.1% and the SPDR S&P Semiconductor ETF (XSD) falling 3.9%. The Philadelphia Semiconductor index retreated 4.8%. In corporate news, Microsoft ( MSFT ) is unlikely to limit CrowdStrike's ( CRWD ) access to its Windows operating...

04:04 PM EDT, 07/24/2024 (MT Newswires) -- US equity indexes closed lower Wednesday after quarterly results from heavyweights Tesla (TSLA) and Alphabet (GOOG, GOOGL) called into question the ability of the so-called Magnificent Seven stocks to continue carrying markets. * Tesla's shares were down over 12% as the electric vehicle maker late Tuesday posted Q2 earnings that fell short of...

03:55 PM EDT, 07/24/2024 (MT Newswires) -- Health care stocks were rising late Wednesday afternoon, with the NYSE Health Care Index adding 0.6% and the Health Care Select Sector SPDR Fund (XLV) up 0.9%. The iShares Biotechnology ETF (IBB) advanced 0.4%. In corporate news, Bausch Health ( BHC ) on Wednesday denied a Reorg report it's considering a bankruptcy or...

BEIJING (Reuters) -China's exports grew at the fastest pace in over two years in October as factories rushed inventory to major markets in anticipation of further tariffs from the U.S. and the European Union, as the threat of a two-front trade war loomed large. Donald Trump's sweeping victory in the U.S. presidential election has brought into sharp focus his campaign...

WASHINGTON (Reuters) -Taiwan Semiconductor Manufacturing Co, GlobalFoundries and at least one other chipmaker are poised to receive their final Chips and Science Act awards from the Biden administration, two people briefed on the matter said. The U.S. Commerce Department recently notified Congress at least three companies are close to receiving a final award, one of the people briefed on the...

TAIPEI, Nov 7 (Reuters) - Taiwan's GlobalWafers said it expects the Chips and Science Act award aimed at encouraging investment by chipmakers in the United States would continue under the new U.S. administration. Multi-year and decadal programs like the CHIPS Act and the agreements we have signed are regularly continued from one administration to the next, it said in a...

* Commerce Dept notifies Congress on final awards Talks a sign progress made amid concerns of slow rollout * Rush to secure funds before Trump takes office (Updates to add TSMC in paragraph 1 and detail on delays) By David Shepardson, Karen Freifeld and Alexandra Alper WASHINGTON, Nov 6 (Reuters) - Taiwan Semiconductor Manufacturing Co ( TSM ), GlobalFoundries (...

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.

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. 

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.

08:35 AM EDT, 04/30/2025 (MT Newswires) -- Gates Industrial ( GTES ) reported Q1 adjusted earnings Wednesday of $0.36 per diluted share, up from $0.34 a year earlier. Analysts polled by FactSet expected $0.33. Net sales for the quarter ended March 29 were $847.6 million, down from $862.6 million a year earlier. Analysts surveyed by FactSet expected $823.6 million. The...

08:36 AM EDT, 04/30/2025 (MT Newswires) -- Citizens Financial Group ( CFG ) said Wednesday it has promoted Vice Chair and Consumer, Private Banking and Wealth Head Brendan Coughlin to president. Citizens also said it will initiate a formal internal and external search for a new chief financial officer after it was announced that John Woods is leaving in August...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

08:36 AM EDT, 04/30/2025 (MT Newswires) -- Wingstop ( WING ) reported fiscal Q1 adjusted earnings Wednesday of $0.99 per diluted share, compared with $0.98 a year earlier. Analysts surveyed by FactSet expected $0.86. Revenue for the quarter ended March 29 was $171.1 million, compared with $145.8 million a year earlier. Analysts surveyed by FactSet expected $171.3 million. The company...

It was a crazy week in the cryptocurrency industry, filled with a lot of volatility, a resurgance that the entire community was debating about, as well as the story of the underdog coming back at it. Lets dive in. First, we have Bitcoin. Its price tried to breach $100K last weekend on numerous occasions, but it turned out that the...

TL;DR XRP tapped a three-year high, but achieving a new ATH of over $3.84 by Christmas depends on numerous factors. Ripples stablecoin, RLUSD, could positively impact XRP’s price if launched soon, but its approval by the NYDFS remains uncertain. A Very Special Christmas for the XRP Army? Ripples XRP has been making the headlines in the past few weeks, registering...

Bitcoin (BTC) is still far from the overvalued levels that indicate the end of a bull cycle despite having rallied above $99,000 last week. According to on-chain data analyzed by CryptoQuant, the cryptocurrency can still surge past $100,000 to $146,000, the top target from a realized price valuation perspective. This perspective indicated the top price for BTC in previous cycles,...

The 2024 cryptocurrency market witnessed an explosive rally, spurred by Donald Trump’s victory in the Presidential Election. Data suggest that interest in Layer 1 blockchain solutions has soared, as these platforms provide the foundation for dApps and Smart Contracts, intensifying the race for L1 dominance. Unlikely Cryptos Take Center Stage According to the latest report by CoinGecko, Mantra (OM) has...