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India's JB Pharma's Q2 profit rises on higher domestic demand
Market Updates

India's JB Pharma's Q2 profit rises on higher domestic demand

India's J B Chemicals & Pharmaceuticals reported a rise in second-quarter profit on Wednesday, helped by higher domestic demand for its gastrointestinal and cardiovascular drugs.

  • November 06, 2024 04:59 AM PST
  • EODHD
IAEA chief says might visit Iran in the coming days
Market Updates

IAEA chief says might visit Iran in the coming days

U.N. nuclear watchdog chief Rafael Grossi on Wednesday said he might visit the Iranian capital Tehran in the coming days, and he expected to work cooperatively with the newly elected U.S. President Do...

  • November 06, 2024 04:58 AM PST
  • EODHD
JPMorgan to enable USD-EUR FX settlements on blockchain
Forex

JPMorgan to enable USD-EUR FX settlements on blockchain

In a significant development for the financial industry, JPMorgan Chase & Co. has announced plans to enable foreign exchange (FX) settlements between the dollar and euro on its blockchain platform, Kinexys. Originally launched in 2020, Kinexys will integrate JPM Coin — the bank’s proprietary digital currency — to process FX transactions, potentially introducing new efficiencies […]

  • November 06, 2024 04:53 AM PST
  • Invezz
Teva Pharmaceutical raises 2024 outlook as Q3 profit beats estimates
Market Updates

Teva Pharmaceutical raises 2024 outlook as Q3 profit beats estimates

Teva Pharmaceutical Industries raised its 2024 revenue and earnings guidance after beating third-quarter profit forecasts, boosted by strong sales of copycat medicines and its branded drugs to treat m...

  • November 06, 2024 04:50 AM PST
  • EODHD
Dollar sees best day in 4 years as Trump wins 2024 election; euro plummets
Forex

Dollar sees best day in 4 years as Trump wins 2024 election; euro plummets

The EUR/USD exchange rate remained in focus in wake of reports of former US president Donald Trump’s return to the White House. Trump’s lead, particularly in key states like Georgia, North Carolina, and Pennsylvania, intensified investor interest in the dollar, which recorded its most substantial one-day gain since March 2020, rising 1.5% against other major […]

  • November 06, 2024 04:42 AM PST
  • Invezz
Why commodities are falling after Trump’s election victory
Commodities

Why commodities are falling after Trump’s election victory

Commodities from precious metals to industrial metals and grains slipped on Wednesday as the dollar surged after Republican Donald Trump secured a win in the US elections.  Donald Trump secured victory in the 2024 US presidential election, defeating Vice President Kamala Harris in a contest that saw Republicans gain control of the Senate.  Gold and […]

  • November 06, 2024 04:34 AM PST
  • Invezz
Wall Street girds for Trump 2.0: Tariffs, tax cuts and volatility
Market Updates

Wall Street girds for Trump 2.0: Tariffs, tax cuts and volatility

With Donald Trump heading back to the White House, Wall Street is anticipating the potential for lower taxes, deregulation and a U.S. president who is quick to sound off on everything from the stock m...

  • November 06, 2024 04:30 AM PST
  • EODHD
Toyota’s Bet on Hybrids Looks Even Better Under Trump
Market Updates

Toyota’s Bet on Hybrids Looks Even Better Under Trump

Toyota faces challenges in Japan and China, but its emphasis on hybrids over full EVs keeps being vindicated. Continue reading View comments

  • November 06, 2024 04:23 AM PST
  • EODHD
Elon Musk Is Going to Washington. Why Tesla Stock Is Soaring.
Market Updates

Elon Musk Is Going to Washington. Why Tesla Stock Is Soaring.

Tesla stock soared Wednesday with Republican nominee Donald Trump winning the U.S. presidential election. It also means more work for already-incredibly busy Tesla SpaceX, X, and xAI CEO Elon Musk. Te...

  • November 06, 2024 04:21 AM PST
  • EODHD
Trump’s return to power: what his 2024 win means for America
Forex

Trump’s return to power: what his 2024 win means for America

In a historic political comeback, Donald Trump has been elected the 47th President of the United States. Overcoming multiple controversies, including his refusal to accept the 2020 election results, the January 6th Capitol riot, felony convictions, and two assassination attempts, Trump secured victory by winning Wisconsin and surpassing the 270 electoral votes needed to win. […]

  • November 06, 2024 04:20 AM PST
  • Invezz