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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


Morgan To Sell Molten Metal Systems Business Unit To Vesuvius For GBP 75.8 Mln

India, Aug. 22 -- Morgan Advanced Materials plc (MGAM.L), a UK-based manufacturing firm, on Friday announced that it has agreed to sell its molten metal systems business unit to Vesuvius plc (VSVS.L, ... Read More


Musk's X Corp Strikes Tentative Deal To Settle $500 Mln Severance Lawsuit

India, Aug. 22 -- Elon Musk's social media company, X Corp, has reached a tentative settlement in a high-profile lawsuit brought by former Twitter employees who claimed they were denied $500 million i... Read More


Oil Set For Weekly Gain Amid Russia-Ukraine Peace Deal Uncertainty

India, Aug. 22 -- Oil prices edged lower on Friday but were set for a weekly gain as hopes for an imminent peace deal between Russia and Ukraine dimmed. Benchmark Brent crude futures dipped 0.2 perce... Read More


US Govt. To Buy Nearly 10% Stake In Intel

India, Aug. 22 -- Intel Corporation (INTC) on Friday announced an agreement with the Trump Administration. Under the terms of the agreement, the United States government will make an $8.9 billion inve... Read More


DAX Up Marginally In Cautious Trade Ahead Of Powell's Speech At Jackson Hole

India, Aug. 22 -- German stocks are up in positive territory on Friday, amid selective buying ahead of Federal Reserve Chair Jerome Powell's speech at Jackson Hole Symposium later in the day. Investo... Read More


Fujifilm Nears Launch Of Major Biologics Manufacturing Hub In North Carolina

India, Aug. 22 -- Fujifilm Biotechnologies is preparing to open the first phase of its massive biologics manufacturing campus in Holly Springs, North Carolina, a site designed to rank among the larges... Read More


Omega Fatty Acids May Help Protect Women Against Alzheimer's, Study Finds

India, Aug. 22 -- A new study suggests that omega fatty acids, found in some fish and supplements, may help protect women from Alzheimer's disease. Researchers found that women with Alzheimer's had l... Read More