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12.12 / 02:07
markets UPS Target Trade show track shock Australian dollar lifted from lows by strong jobs data
Australian dollar got a much-needed fillip on Thursday after surprisingly strong jobs data pushed back on wagers for an earlier cut in interest rates, lifting bond yields. The figures showed a surprise drop in unemployment, hitting an eight-month low of 3.9% in November and wrong-footing analysts who had forecast a 4.2% jump in jobless claims.
12.12 / 02:07
markets Strategy Analysis economy Trade reports shock China is considering softer currency
Foreign exchange markets moved on the news, with the yuan falling about 0.3% to 7.2803 per dollar and China-sensitive currencies such as the South Korean won and New Zealand dollar slipping.
12.12 / 02:07
markets Platform Strategy Software Experts PAM social ChatGPT down for users globally, OpenAI says “working to roll out a fix”
The outage has affected not only ChatGPT but also OpenAI's API and Sora platforms. «We're experiencing an outage right now. We have identified the issue and are working to roll out a fix. Sorry, and we'll keep you updated!» OpenAI posted on social media platform X.
12.12 / 02:07
markets Strategy Southern Experts PAM US announces first Israeli withdrawal from Lebanon under ceasefire deal
US Central Command (CENTCOM) said Wednesday. The command's leader General Erik Kurilla «was present at the implementation and monitoring headquarters today during the ongoing first Israeli Defense Forces withdrawal and Lebanese Armed Forces replacement in Al-Khiam, Lebanon, as part of the (ceasefire) agreement,» CENTCOM said in a statement. «This is an important first step in the implementation of a lasting cessation of hostilities and lays the foundation for continued progress,» the statement quoted Kurilla as saying.
12.12 / 02:07
UPS security Strategy economy community prevention H-1B spouses rejoice! US will now extend your work permits automatically by up to 540 days
automatic work permit renewal period for spouses of H-1B and L-1 visa holders from 180 days to up to 540 days. This change, effective January 13, 2025, applies to applications filed on or after May 4, 2022. The extension aims to prevent work interruptions due to processing delays, a problem previously reported. Spouses of H-1B visa holders (H-4 visa) seeking green cards and spouses of L-1 visa holders (L-2 visa) are eligible for work permits. “Since January 2021, the American economy has created more than 16 million jobs, and the Department of Homeland Security is committed to helping businesses fill them,” said Secretary of Homeland Security Alejandro N. Mayorkas.
12.12 / 01:59
UPS Citi Provident Trade Bitcoin reports City of Vancouver to probe investing in Bitcoin, accepting it as payment
Vancouver city council has voted to explore ways to make the municipality a “Bitcoin-friendly city.”
12.12 / 01:11
markets COST Tesla Bill performer reports Japan's Nissan reshuffles management to fix its money-losing business
Embattled Japanese automaker Nissan has tapped Jeremy Papin as its chief operating officer in a major management reshuffle billed as key to a turnaround
12.12 / 01:07
Target stage country reports recommendations Interviews JSW Group explores expansion into copper, aluminium, has engaged consultants, says top executive
Subscribe to enjoy similar stories. The JSW Group, which has the largest steelmaking capacity in India, is exploring entry into making other metals, including copper and aluminium, JSW Steel chief executive officer Jayant Acharya said. The steel-to-auto conglomerate has already engaged consultants to explore the financial feasibility of such an expansion, said Acharya, who is also the company's joint MD.
12.12 / 01:07
markets Aviat Airlines Sustainability travelers International Destinations IndiGo's 100% stock rally: What comes next?
Subscribe to enjoy similar stories. Imagine this: it’s 2015, and India’s largest airline by domestic market share—IndiGo, holding nearly 35%—is preparing for its initial public offering (IPO). But this isn’t just any IPO; it’s one backed by a profitable airline boasting a rare 10% net profit margin.
12.12 / 01:07
markets UPS Citi security Sustainability show V-Mart Retail could sustain growth momentum in second half of FY25
Subscribe to enjoy similar stories. V-Mart Retail Ltd’s shares have put up a stellar show, more than doubling over the past year (up about 120%). Sure, it helped that the stock was beaten down around a year ago, hovering near its 52-week low of ₹1,741.70 on 13 December 2024.
12.12 / 01:07
markets UPS Provident Platform Software voice reports Mid-sized IT services companies lead AI charge with new investments
Subscribe to enjoy similar stories. As Artificial intelligence (AI) gains currency as a tool to help businesses improve their operations, India's mid-sized software service providers are jumping at the opportunities the new technology promises.
12.12 / 01:07
markets UPS Manufacturing Strategy Research electronic rights Govt mulling $3 billion incentives package for electronics R&D, products
Subscribe to enjoy similar stories. The Centre is working on a $3 billion package for the electronics industry to encourage private sector research and development (R&D) and create leading brands, two people aware of the development said. A task force set up by the ministry of electronics and information technology (Meity) six months ago studied the viability and market-readiness of such a scheme and submitted actionable points, the people said on the condition of anonymity.
12.12 / 01:07
markets Target Strategy Election trends show recommendations Stocks to buy: Raja Venkatraman recommends three stocks for today—12 December
Subscribe to enjoy similar stories. On Wednesday, 11 December, the market faced significant challenges after nearing the 25,000 mark. Global factors, particularly the aftermath of the US elections, dampened bullish sentiment, triggering a pullback.
12.12 / 01:07
markets Sustainability Healthcare trends Uncharted Trade recommendations Stocks to buy: Two stock recommendations from MarketSmith India for 12 December
Subscribe to enjoy similar stories. The Nifty50 continued to consolidate around its 50- and 100-day moving average (DMA) and traded in a narrow range for a fourth consecutive day. On Wednesday the index ended 0.13% higher in a lackluster trading session and formed a doji candle with a higher-high and higher-low price structure, indicating indecisiveness among buyers and sellers.
12.12 / 01:07
markets FIVE Manufacturing economy Research electronic reports These are India's fastest-growing space tech firms. Is it too late to get on board?
Subscribe to enjoy similar stories. Dr. Vikram Ambalal Sarabhai, father of India’s space programme, once said, “We do not have the fantasy of competing with the economically advanced nations in the exploration of the moon or the planets or manned space flight.
11.12 / 23:57
Waters Action community wellness reports Courts rights Arizona AG sues Saudi firm over 'excessive' groundwater pumping, saying it's a public nuisance
Arizona Attorney General Kris Mayes says she is suing a Saudi Arabian agribusiness over what she calls “excessive pumping” of groundwater
11.12 / 23:57
Provident security Bill Cycling Fulton electronic Department Sheriff in Georgia promises to pay security company $1.4 million after jail walkouts
The Fulton County Sheriff's Office has promised to pay a private security company $1.4 million after some of its employees walked out of the jail in August
11.12 / 23:57
UPS Citizens Progressive Research show audience recommendations Can ordinary citizens solve our toughest problems?
Research shows Americans are frustrated with what they perceive as aloofness and gridlock within civic institutions
11.12 / 23:57
UPS DOW economy Updates How major US stock indexes fared Wednesday, 12/11/2024
Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve
11.12 / 23:57
UPS Google Apple Software Features Updates Apple's latest iPhones get the gift of more AI as holiday shopping season heats up
Apple is pumping more artificial intelligence into the latest iPhones during the holiday shopping season
11.12 / 23:57
Election President track prevention Investigations Manchin, Sinema prevent Democrats from locking in majority on labor board through 2026
Senate Democrats failed in their bid to confirm a Democratic member of the National Labor Relations Board after the Senate rejected a razor-thin vote that hinged on the pivotal rejections of independent Sens. Joe Manchin of West Virginia and Kyrsten Si...

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