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Australian Central Bank Holds Rate, Inflation Concerns Linger

India, Aug. 11 -- The Reserve Bank of Australia left its benchmark interest rate unchanged on Tuesday and signaled rate hike if upside risks to inflation materialize. At the two-day rate setting meet... Read More


Oil Extends Rally On Heightened Supply Concerns

India, Aug. 11 -- Oil held on to a four-day rally to hit over one-week high on Tuesday amid fading hopes for a deal between Washington and Tehran to reopen the Strait of Hormuz, a critical waterway fo... Read More


Supermicro Q4 Profit Surges As Revenue Jumps

India, Aug. 11 -- Super Micro Computer, Inc. (SMCI) on Tuesday reported a sharp increase in fourth-quarter profit, as strong demand for AI infrastructure drove a significant increase in sales and marg... Read More


German Stocks Slip On Hormuz Tensions, Oil Price Surge

India, Aug. 11 -- German stocks drifted lower Tuesday morning as investors largely refrained from making significant moves amid continued uncertainty over the reopening of the Strait of Hormuz, and ah... Read More


Constellation Software Q2 Profit Surges

India, Aug. 11 -- Constellation Software Inc. (CSU.TO) on Tuesday reported a sharp increase in second-quarter profit as revenue rose 17%, driven primarily by acquisitions. Total revenue for the quart... Read More


European Shares Edge Lower Amid Inflation Concerns

India, Aug. 11 -- European stocks were subdued on Tuesday even as energy shares surged after U.S. President Donald Trump said he has instructed American representatives to firmly include compensation ... Read More


Italy Trade Surplus Shrinks In June

India, Aug. 11 -- Italy's foreign trade surplus decreased in June from a year ago as imports grew faster than exports, the statistical office ISTAT reported Tuesday. The trade surplus declined to EUR... Read More


Nearly 30,000 Pounds Of Argentine Beef Recalled Over Inspection Issue

India, Aug. 11 -- Nearly 30,000 pounds of raw beef imported from Argentina to Texas and Florida is being recalled after the products entered the United States without undergoing a required federal rei... Read More


FDA Rejects ITM-11 Application Over Manufacturing Issues

India, Aug. 11 -- ITM Isotope Technologies Munich said the U.S. Food and Drug Administration has declined to approve its application for ITM-11, an investigational treatment for gastroenteropancreatic... Read More


U.S. Dollar Ticks Higher As Investors Assess Reports Of Possible U.S.-Iran Agreement

India, Aug. 11 -- The U.S. Dollar value ended roughly flat as reports of a possible arrangement between the U.S. and Iran to end their hostilities emerge while the U.S.-Iran standoff over the compensa... Read More