Tag: Business
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Euro set for weekly drop against dollar, yen as France concerns resurface
Oct 23 : The euro headed for a weekly loss against the dollar and the yen as a fresh sell-off in France’s government bonds led the country’s debt risk premium to levels not seen since the euro area sovereign crisis in 2011 on Thursday. The greenback also came under pressure during the week as a…
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Bolt, Stellantis plan autonomous driving experiment in Greater Paris from 2028
Oct 23 : Estonian ride-hailing firm Bolt and the Greater Paris region are planning to launch an autonomous driving programme in the French capital in 2028, using vehicles from Franco-Italian Stellantis, they said in a joint statement on Friday.The pilot programme will assess gaps in existing transport servic
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Stocks making the biggest moves premarket: AT&T, SpaceX, Moderna, Deckers, Bloom Energy and more
These are the stocks posting the largest moves in early trading.
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Wall Street futures dip after AI rout, telecoms slide
Oct 23 : Wall Street futures ticked lower on Friday as caution prevailed after a sharp selloff in AI-linked stocks over concerns about the sector’s massive funding requirements, while telecom shares slid on fears of increased competition from SpaceX.AT&T, Verizon and T-Mobile were down over 3 per cent in prem
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India’s Infosys lowers annual revenue growth forecast
BENGALURU, Oct 23 Reuters) – Infosys trimmed its annual revenue growth forecast on Friday despite marginally beating estimates for quarterly revenue after demand from its energy and utility clients picked up.Revenue at India’s second-largest IT services provider rose 10.7 per cent to 492.44 billion rupees (
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Global equity funds attract inflows for a fifth consecutive week
Oct 23 : Global equity funds attracted inflows for a fifth consecutive week in the week through October 21, as easing Treasury yields and strong early corporate earnings lifted investor sentiment.Global equity funds drew net inflows of $28.16 billion during the week, compared with $19.88 billion in the previo
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Safe haven search is on Friday as investors keep rotating
Here are the key things investors need to know to start the trading day.
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AI-discovered bugs may soon trigger fresh disruptions, cyber experts say
WASHINGTON, Oct 23 : Advances in artificial intelligence have uncovered a stream of new software vulnerabilities that are almost certain to trigger more disruption along the lines of the outages that percolated across global government websites this week, according to seven cybersecurity professionals who spoke to R
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New ‘Scentronic’ technology can detect and transmit aromas remotely
WASHINGTON, Oct 23 : People can readily share images and sounds digitally, as evidenced by the billions of smartphones in use globally that often overload the human senses of sight and hearing. But smell generally remains missing from remote communication. That could soon change.Researchers have developed tec
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Exclusive-New Mexico’s outside lawyers could collect up to $1.27 billion in Meta case
WASHINGTON, Oct 23 : Private plaintiffs’ lawyers stand to collect up to $1.27 billion from New Mexico if the state’s $25 billion court win against Meta Platforms this week is upheld, according to a Reuters review of a contract with the state. New Mexico hired Chicago-based law firm DiCello Levitt to represe
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