European stocks edge higher; trading subdued ahead of Jackson Hole
European stock markets traded in a subdued manner Friday, with investors wary ahead of more monetary policy cues from the…
Nvidia’s $25 billion buyback ‘a head-scratcher’ for some shareholders
(Reuters) – Nvidia’s (NASDAQ:NVDA) move to buy back $25 billion of its shares after its stock has more than tripled…
Warner Bros delays ‘Dune,’ ‘Lord of the Rings’ films due to strike
(Reuters) – The Warner Bros movie studio will delay the planned November release of a big-budget “Dune” sequel until March,…
Mastercard, Binance to end crypto card partnership
(Reuters) – Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain…
US sues SpaceX, alleges hiring discrimination against asylum recipients, refugees
(Reuters) – The U.S. Justice Department sued Elon Musk-owned rocket and satellite company SpaceX on Thursday for allegedly discriminating against…
Australia stocks lower at close of trade; S&P/ASX 200 down 0.93%
Australia stocks were lower after the close on Friday, as losses in the IT, Metals & Mining and Resources sectors…
China quietly recruits overseas chip talent as US tightens curbs
(Reuters) – For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that…
Dollar rises ahead of Jackson Hole, Turkish lira rallies
(Reuters) – The dollar rose on Thursday as investors awaited for U.S. job data ahead of the Federal Reserve’s Jackson…
Gold prices hit 2-week high as weak PMIs dent dollar, yields
Gold prices rose to a two-week high on Thursday as weaker-than-expected U.S. business activity data spurred bets that the Federal…
Dollar steadies ahead of Jackson Hole; sterling weak on recession fears
The U.S. dollar steadied in early European trade Thursday after overnight losses as Treasury yields retreated in the wake of…