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Euro hovers near four-week high after Lagarde's remarks
Euro hovers near four-week high after Lagarde's remarks
May 27, 2025
The euro rose in European trade on Tuesday on track for the third straight session against the US dollar, and about to hit a four-week high amid concerns about US financial stability. Recent bullish remarks by European Central Bank President Christine Lagarde provided more positive momentum for the euro, and underscored investor confidence in the EU. The Price The EUR/USD...
US dollar extends losses to five-week trough on US debt concerns
US dollar extends losses to five-week trough on US debt concerns
May 26, 2025
The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...
Japanese yen expands gains to four-week high in a strong start
Japanese yen expands gains to four-week high in a strong start
May 26, 2025
The Japanese yen rose in Asian trade on Monday against a basket of major rivals, expanding gains for the second straight session against the dollar and hitting a four-week high on haven demand amid concerns about US debt levels following Trumps tax reform bill. The gains are boosted as well by increasing inflationary pressures on Bank of Japans policymakers, which...
Euro hits four-week high before Lagarde's remarks
Euro hits four-week high before Lagarde's remarks
May 26, 2025
The euro rose in European trade on Monday against a basket of major rivals, extending gains for the second straight session against the dollar and hitting a four-week high as US President Donald Trump gave the EU another chance to reach a trade deal. Recent eurozone inflation data led to divisions between European Central Bank policymakers on the decision to...
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Canada urges India to take Sikh leader's murder seriously, US 'concerned'
Canada urges India to take Sikh leader's murder seriously, US 'concerned'
Sep 19, 2023
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.
Eric Clapton raises $2.2 mn for anti-vaccine Democrat US presidential candidate Robert F. Kennedy Jr
Eric Clapton raises $2.2 mn for anti-vaccine Democrat US presidential candidate Robert F. Kennedy Jr
Sep 20, 2023
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.
BookMyShow cancels Shubh's India tour amid Khalistan controversy
BookMyShow cancels Shubh's India tour amid Khalistan controversy
Sep 20, 2023
India-Canada Tension: While BookMyShow's official statement did not explicitly state the reason behind the cancellation, it confirmed that 'singer Shubneet Singh's Still Rollin Tour for India stands cancelled.' It assured all ticket holders that their money would be refunded in 7-10 working days.
UK Cabinet Reshuffle: Rishi Sunak calls up ex-PM David Cameron after sacking Suella Braverman
UK Cabinet Reshuffle: Rishi Sunak calls up ex-PM David Cameron after sacking Suella Braverman
Nov 13, 2023
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.
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BlackRock Reportedly in Early Talks Over Partnership, Minority Investment in Millennium Management
BlackRock Reportedly in Early Talks Over Partnership, Minority Investment in Millennium Management
Nov 9, 2024
06:26 AM EST, 11/08/2024 (MT Newswires) -- BlackRock ( BLK ) is in early talks over a strategic partnership with Millennium Management, potentially including BlackRock's ( BLK ) acquisition of a minority stake in the latter, according to multiple media reports published Thursday. Sources told Bloomberg News that talks are still at a preliminary level and could still fall through....
National HealthCare's Q3 Adjusted Earnings, Revenue Increase
National HealthCare's Q3 Adjusted Earnings, Revenue Increase
Nov 9, 2024
06:25 AM EST, 11/08/2024 (MT Newswires) -- National HealthCare ( NHC ) reported Q3 adjusted earnings Friday of $1.27 per diluted share, up from $0.86 a year earlier. Revenue for the quarter ended Sept. 30 was $340.2 million, compared with $288.5 million a year earlier. Analysts' estimates were not readily available for comparison. ...
Mattr to Buy AmerCable for US$280m
Mattr to Buy AmerCable for US$280m
Nov 9, 2024
06:23 AM EST, 11/08/2024 (MT Newswires) -- Mattr ( MTTRF ) on Friday agreed to acquire AmerCable, a U.S. manufacturer of highly engineered wire and cable solutions used in mission critical applications, from Nexans USA for US$280M, or approximately C$390M. The price is approximately 5 times adjusted ebitda over the 12-month ended June 30, Mattr ( MTTRF ) said. The...
Fluor's Q3 Adjusted Earnings Fall, Revenue Rises; Adjusts Full-Year Guidance
Fluor's Q3 Adjusted Earnings Fall, Revenue Rises; Adjusts Full-Year Guidance
Nov 9, 2024
06:24 AM EST, 11/08/2024 (MT Newswires) -- Fluor (FLR) reported Q3 adjusted earnings Friday of $0.51 per diluted share, down from $1.02 a year earlier. Analysts polled by Capital IQ expected $0.76. Revenue for the quarter ended Sept. 30 was $4.09 billion, compared with $3.96 billion a year earlier. Analysts surveyed by Capital IQ expected $4.74 billion. The company narrowed...
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Trump Family Media Group Files for Truth Social Bitcoin ETF
Trump Family Media Group Files for Truth Social Bitcoin ETF
Jun 3, 2025
Trump Media Technology Group (TMTG) is moving forward with plans to launch a Bitcoin ETF called the Truth Social Bitcoin ETF, according to a June 3 SEC filing. NYSE Group Inc. filed regulatory paperwork to list the product, using the name of President Donald Trump’s social network. The ETF is being developed through a partnership with Yorkville Advisors, a New...
Coinbase Data Breach: 69,000 Users Affected by Indian Outsourcing Leak
Coinbase Data Breach: 69,000 Users Affected by Indian Outsourcing Leak
Jun 3, 2025
Coinbase is under heightened scrutiny following revelations that it may have known as early as January 2025 about a massive breach involving outsourced customer support agents, months before the crypto exchange publicly acknowledged the security lapse. Sources familiar with the situation disclosed that the breach stemmed from an India-based employee at TaskUs, a US outsourcing firm long contracted by Coinbase....
Ethereum Foundation Announces Layoffs and Restructuring to Boost Scalability and User Experience
Ethereum Foundation Announces Layoffs and Restructuring to Boost Scalability and User Experience
Jun 3, 2025
The Ethereum Foundation announced that it has fired some members of its research and development team. This move is part of a larger restructuring plan designed to address key protocol design challenges. Reorganization Efforts According to a Monday blog post, the Foundation has rebranded its Protocol Research and Development division under a new, simplified name, “Protocol.”  The organization is also...
Binance Attracts $180 Billion in Stablecoin Deposits Year
Binance Attracts $180 Billion in Stablecoin Deposits Year
Jun 3, 2025
Binance is leading all centralized crypto exchanges in stablecoin reserves. According to the latest stats, the crypto exchange currently holds $31 billion in USDT and USDC, which is around 59% of total stablecoin holdings across the sector. This dominance highlights Binances outsized role in providing liquidity and facilitating stablecoin-denominated transactions. Stablecoin Inflows Favor Binance When assessing total crypto reserves, Coinbase...
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