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Ubiquiti Inc. Announces Climb In Q4 Profit

India, Aug. 22 -- Ubiquiti Inc. (UI) reported a profit for its fourth quarter that Increases, from the same period last year The company's earnings totaled $266.70 million, or $4.41 per share. This c... Read More


Cenovus To Buy MEG In $7.9 Bln Cash And Stock Deal

India, Aug. 22 -- Cenovus Energy Inc. (CVE) Friday said it has agreed to acquire MEG Energy Corp. (MEG) in a cash and stock deal valued at $7.9 billion. As per the deal, Cenovus will acquire MEG for ... Read More


Bitcoin Drops Below $112k As Jackson Hole Looms

India, Aug. 22 -- Mounting worries about the Fed's monetary policy approach dragged down cryptocurrency prices in the past 24 hours. While outflows from Bitcoin Spot ETF products in the U.S. continued... Read More


Ireland Wholesale Prices Fall 3.5%

India, Aug. 22 -- Ireland's wholesale prices decreased for the sixth straight month in July, data from the Central Statistics Office showed on Friday. Output prices in the manufacturing industry drop... Read More


Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns

India, Aug. 22 -- Indian shares fell sharply on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tari... Read More


U.S. Dollar Drops After Powell's Speech

India, Aug. 22 -- The U.S. dollar weakened against its major counterparts in the New York session on Friday, as Federal Reserve Chair Jerome Powell hinted at a potential rate cut next month. In his s... Read More


FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

India, Aug. 22 -- U.K. stocks are turning in a mixed performance in cautious trade on Friday, amid a lack of fresh triggers. Investors are awaiting Fed Chair Jerome Powell's speech later in the day at... Read More


U.S. Dollar Rises Ahead Of Fed's Powell Speech

India, Aug. 22 -- The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium. Str... Read More


Musk Sought Zuckerberg's Backing In $97 Bln Bid For OpenAI, Court Filing Reveals

India, Aug. 22 -- Elon Musk tried to enlist Meta CEO Mark Zuckerberg in his audacious $97.4 billion bid to acquire OpenAI earlier this year, according to court filings unsealed Thursday. The revelati... Read More


Gold Prices Inch Lower Ahead Of Powell's Jackson Hole Speech

India, Aug. 22 -- Gold traded lower on Friday while the dollar held near a two-week high as investors awaited Federal Reserve Chair Jerome Powell's highly anticipated speech at the Jackson Hole sympos... Read More