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Fri, May 26, 2023 04:29 PM All times are UTC

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Europe Roundup: Pound hits 10-month high as it shrugs off weak UK economy , European shares edges higher, Gold gains,Oil stable as market weighs tight supply against U.S. recession risk

Apr 13, 2023 12:53 pm UTC| Market Roundups

Market Roundup UK Feb Manufacturing Production (MoM) 0.0% , 0.2% forecast, -0.4% previous German Mar CPI (MoM) 0.8%, 0.8% forecast,0.8% previous UK Feb Industrial Production (YoY) -3.1%,-3.7% forecast,-4.3%...

America’s Roundup: Dollar falls after Fed minutes, inflation data ,Wall Street closes lower, Gold prices jump, Oil rises 2% on lower-than-expected US inflation data-April 13th,2023

Apr 12, 2023 23:35 pm UTC| Market Roundups

Market Roundup U.S. CPI comes in below estimates, core in line with estimates Market bets on 25 bps Fed hike in May, pause in June US Mar Real Earnings (MoM) -0.1%, -0.2% forecast,-0.4% previous US Mar CPI...

Europe Roundup: Sterling ahead of U.S. inflation data, European shares little changed, Gold rises ,Oil steadies as market awaits key U.S. inflation data

Apr 12, 2023 11:05 am UTC| Market Roundups Economy

Market Roundup Finnish Feb Current Account -0.30B,-0.30B forecast, 0.20B previous Italian 12-Month BOT Auction 3.390%, 3.613% previous German 30-Year Bund Auction 2.330% ,2.320% previous Looking Ahead...

America’s Roundup: Dollar falls ahead of Wednesday's inflation data , Wall Street ends mixed, Gold climbs, Oil surges by 2%-April 12th,2023

Apr 11, 2023 22:34 pm UTC| Market Roundups

Market Roundup US Redbook (YoY) 1.5% ,3.7% previous French 12-Month BTF Auction 3.170%, 3.158% previous French 6-Month BTF Auction 3.093%, 2.861% previous French 3-Month BTF Auction 2.901%, 2.881%...

Europe Roundup: Euro gains as dollar retreats as traders hunt for rate hike cues,European shares rise, Gold gains, Oil steady on China demand concerns with US inflation in focus-April 11th,2023

Apr 11, 2023 11:37 am UTC| Market Roundups

Market Roundup EU Apr Sentix Investor Confidence -8.7,-9.9 forecast,-11.1 previous EU Feb Retail Sales (YoY) -3.0%,-3.5% forecast, -2.3% previous EU Feb Retail Sales (MoM) -0.8%, -0.8% forecast, 0.3%...

America’s Roundup: Dollar gains on Fed rate hike bets, Wall Street ends mixed, Gold falls, Oil settles lower as rate-hike worries balance tighter supplies

Apr 10, 2023 23:13 pm UTC| Market Roundups

Market Roundup US Feb Wholesale Inventories (MoM) 0.1%,0.2% forecast,-0.3% previous US Feb Wholesale Trade Sales (MoM) 0.4%, 0.5% forecast,0.9% previous US Mar CB Employment Trends Index 116.24, 118.64...

Europe Roundup: Euro eases as dollar firms as US jobs report backs Fed hike in May ,Gold slips, Oil steadies as tighter supply balances growth concerns

Apr 10, 2023 12:18 pm UTC| Market Roundups

Market Roundup Greek Mar CPI (YoY) 4.6%,4.3% forecast,6.1% previous Greek Feb Greek Industrial Production (YoY) 5.2%,-2.3% forecast,0.5% previous Greek Mar Greek HICP (YoY) 5.4%,5.4% forecast,6.5%...

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Economy

Burger King Ordered to Compensate Injured Customer With Almost $8M Payout

Burger King is set to shell out about $8 million after the court ordered it to pay a customer who was injured at the restaurant. The burger store chains franchisee in Florida has been found guilty of negligence by the...

Nestlé Reveals New Operations Chief to Replace Retiring Magdi Batato

Nestlé SA food and drink company announced it has appointed the new companys head of operations. Effective on July 1, Stephanie Pullings Hart will be the new deputy head of operations, and she will be stationed at...

Asda Reportedly Finalizing £10B Merger Deal With EG Group

Asda is reportedly in the midst of finalizing its merger agreement with UK-based EG Group, which operates filling stations, fast-food outlets, and convenience stores. Reportedly, the deal will include more than 500 million...

Panera Brands Promotes Exec to CEO Post Amid IPO Plans

Panera Brands Inc., an American bakery-cafe chain store, revealed it has promoted one of its high-ranking executives to become its new chief executive officer. The promotion comes as the company reportedly plans for an...

Samsung To Invest ₩30 Billion in Advancing Smart Factories for SMEs

Samsung Electronics Co. will invest 30 billion won over the next three years in its Smart Factory 3.0 project which would transform SMEs manufacturing facilities into smart factories usingartificial intelligence (AI) and...

Politics

Russia-Ukraine War: Russian Troops Replaced Wagner Fighters in Bakhmut

The Ukrainian deputy defense minister said that Russian troops were replacing the Wagner fighters in the eastern city of Bakhmut, where fighting has been taking place the longest. The minister said that Russian troops were...

North Korea Media Criticizes US, South Korea, Japan Missile Warning Agreement

North Korean state media criticized the agreement made between the United States, South Korea, and Japan that would allow the three countries to share information in real-time on the isolated nations missile launches. This...

US: Biden Nominates Air Force Chief as Top General

The White House announced this week that US President Joe Biden has appointed US Air Force Chief Gen. Charles Q. Brown to serve as the next Chairman of the Joint Chiefs of Staff. Brown would become the second Black officer...

Russia-Ukraine War: Norway to Support Joint Training Programs for F-16s

Norway supports the push for joint training programs for Ukrainian pilots to fly F-16 jets. This follows the endorsement by the United States for the training programs with Ukraine, assuring that the jets will not be used...

Japan Scrambles Fighter Jets Following Incursion of Russian 'Intelligence-Gathering' Aircraft

The Japanese defense ministry said it scrambled fighter jets after a Russian intelligence-gathering aircraft was spotted flying over the Pacific Ocean and the Sea of Japan this week. This follows recent incidents,...

Science

Gravitational wave detector LIGO is back online after 3 years of upgrades – how the world's most sensitive yardstick reveals secrets of the universe

After a three-year hiatus, scientists in the U.S. have just turned on detectors capable of measuring gravitational waves - tiny ripples in space itself that travel through the universe. Unlike light waves, gravitational...

Why don't rocks burn?

While many rocks dont burn, some of them do. It depends on what the rocks are made of and thats related to how they were formed. There are three main rock types: igneous, sedimentary and metamorphic. These rocks are...

Quantum physics proposes a new way to study biology – and the results could revolutionize our understanding of how life works

Imagine using your cellphone to control the activity of your own cells to treat injuries and disease. It sounds like something from the imagination of an overly optimistic science fiction writer. But this may one day be a...

You shed DNA everywhere you go – trace samples in the water, sand and air are enough to identify who you are, raising ethical questions about privacy

Human DNA can be sequenced from small amounts of water, sand and air in the environment to potentially extract identifiable information like genetic lineage, gender, and health risks, according to our new...

Theory of everything: how progress in physics depends on asking the right questions

When I began my undergraduate physics degree (around 20 years ago), What is the theory of everything? was a question that I heard often. It was used as a label for how theoretical physicists were trying to develop a deeper...

Technology

Apple Reveals Broadcom Deal to Develop 5G Components

Apple Inc. revealed it has teamed up with Broadcom Inc. for the development of 5G radio frequency parts in the United States. The companies signed a multi-billion deal for the partnership. With the cooperation between...

Apple, Masimo Lawsuit Declared a Mistrial

What is a black box? A computer scientist explains what it means when the inner workings of AIs are hidden

For some people, the term black box brings to mind the recording devices in airplanes that are valuable for postmortem analyses if the unthinkable happens. For others it evokes small, minimally outfitted theaters. But...

AI is changing how Americans find jobs, get promoted and succeed at work

Whether we realize it or not, advancements in artificial intelligence are increasingly influencing the paths of our careers. Advancements in human capital management systems, more strategic and data-driven human...

AI is already being used in the legal system - we need to pay more attention to how we use it

Artificial intelligence (AI) has become such a part of our daily lives that its hard to avoid even if we might not recognise it. While ChatGPT and the use of algorithms in social media get lots of attention, an...

What is Bluesky and how's it different to Twitter?

Amid management changes at Twitter, discontented users are exploring an alternative social media platform called Bluesky. According to media reports, downloads of the Bluesky app surged more than 600% in...