Aug 4 (Reuters) - Spotify said higher marketing and development costs would hurt its profit in the current quarter as the Swedish music-streaming giant bets heavily on features powered by AI to attract users.
The US Dollar (USD) shows marginal losses against the Swiss Franc (CHF) on Tuesday, as Dollar bulls struggle to find acceptance above 0.8100. Risk-appetite, amid hopes of peace talks between the US and Iran, and investo…
Profits at BP have surged to the highest since 2022 after the war in the Middle East pushed up oil prices.
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While oil company profits soar, farmers across Europe are warning of a slump in food production and rising prices as crops suffer as a result of extreme heat, drought and wildfires.
United Overseas Bank’s (UOB) Quek Ser Leang notes that the USD Index bias has shifted to the downside after failing to break above the weekly Ichimoku cloud and instead plunging below the 55-week EMA. However, flat EMAs…
President Donald Trump has warned that the latest round of negotiations with Iran is the "last chance" to bring an end to the five-month conflict.
Bitcoin’s price volatility within the $62,000-$64,000 range returned in the past 24 hours as the asset challenged both boundaries, only to be stopped twice.
OTTAWA, April 2025 - The Canadian dollar demonstrates remarkable resilience this week, holding steady against major currencies despite escalating geopolitical tensions in the Middle East and a concurrent surge in global…
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Japan’s latest intervention was more than another attempt to frighten speculators away from the yen. The estimated $52.8 billion operation on July 31 would be the largest single-day currency intervention in the country’…
BNY strategists John Velis and David Tam highlight the July Nonfarm Payrolls (NFP) report and upcoming Consumer Price Index (CPI) releases as key inputs for the Fed. They see consensus around 80,000 jobs, with a breakev…
August 4, 2026, 3:46 AM EDT. LIC shares dropped almost 9% after the government launched an offer for sale (OFS) of up to a 6.5% stake, setting a floor price of Rs 382, representing an 11% discount from the prior closing…
Twenty five states sued President Donald Trump's administration on Monday over a wave of tariffs against dozens of countries.
After a painful end to the previous week (and month), the spot Bitcoin ETFs began August with a bang, attracting over $170 million in net inflows.
The U.S. dollar has been under pressure in recent months, driven by factors including trade policy uncertainty, interest rate fluctuations and geopolitical tensions. The U.S. Dollar Index — which tracks the strength of …
Saudi Aramco on Tuesday reported a jump in second-quarter profit, following a period of severe disruption through the Strait of Hormuz amid the sprawling Middle East conflict.
Britain's BP on Tuesday reported a sharp upswing in second-quarter profit, as energy supermajors reap massive profits from higher fossil fuel prices amid hostilities between the U.S. and Iran.
Coinbase’s Base has surpassed Solana in terms of capital stored in curated vaults, with over $1.6 billion in such assets or 22.5% of the entire market share.
Citing data from popular analyst Willy Woo, Binance’s founder, Changpeng Zhao, published a rather controversial opinion on X, stating that it is statistically safer to store crypto assets on exchanges than in self-custo…
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
1win , a crypto entertainment platform, has launched a new Web3 authentication system that allows users to register, sign in, and deposit funds using a crypto wallet. The new verification mechanism eliminates the need f…
The Aussie dollar (AUD/USD) has long been a way to express a view on emerging Asia. That may be changing as the region’s currencies begin moving in the same direction against the US dollar.
The EUR/USD pair fell towards 1.1417, its lowest since last March, as the US Dollar (USD) soared following the first Federal Reserve (Fed) monetary policy meeting chaired by Kevin Warsh. EUR/USD got to recover some grou…
Oil prices dropped sharply yesterday on rising optimism that the US and Iran may be moving closer to reviving a Middle East deal. ICE Brent settled more than 7% lower on the day, after President Trump called off strikes…
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
