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10.06 / 17:51
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2020
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Oil prices surge 2% to reach one-week high amid optimism for increased summer fuel demand; brent crude at $80.98/bbl
Gold prices dip on strong US dollar as China pauses buying yellow metalAccording to a report by Goldman Sachs, as quoted by Reuters, Brent is projected to increase to $86 per barrel in the third quarter. They attribute this rise to robust summer transport demand, which is anticipated to drive the oil market into a deficit of 1.3 million barrels per day (bpd) during that period."Oil price dynamics are also giving oil producers little encouragement.
10.06 / 17:51
UPS
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reports
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inflation data
Wall Street cautious ahead of key inflation data, Fed meeting
ALSO READ: Wall Street week ahead: All eyes on US Fed policy decisions, inflation dataIn focus this week are the Consumer Price Index inflation report for May and the conclusion of the Fed's two-day policy meeting, both on Wednesday. The central bank, which will release updated economic and policy projections, is overwhelmingly expected to hold interest rates steady.Markets dialed back expectations for rate cuts in September after Friday's bumper jobs data for May, with the odds of a reduction at 50%.Expectations had risen as high as 69% last week.
10.06 / 17:51
markets
Provident
Digital
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Software
Healthcare
reports
Cognizant to acquire ER&D services firm Belcan for $1.3 billion
“Belcan’s deep engineering capabilities and domain expertise across the aerospace & defence market will be complemented by Cognizant’s scale and own multi-decade digital engineering expertise, providing Belcan’s blue-chip client roster access to our advanced AI, cloud and data technologies," said Kumar.Cognizant ended with $19.35 billion in revenue last year. It expects its full-year revenue to be between $18.9 billion and $19.7 billion.
10.06 / 17:29
10.06 / 16:47
Apple
Photos
voice
reports
Features
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Apple WWDC 2024 Event today: Top 5 features that could be coming to iPhones with iOS 18 update
Apple WWDC Event 2024 Live UpdatesApple could also bring a number of other changes to its operating system for iPhones with iOS 18, including a complete overhaul of the Siri voice assistant, notification summaries, instant photo editing, AI emoji, voice memo transcription, smart summaries and more.Apple is reportedly looking to revamp its popular Siri voice assistant with the power of generative AI to make its responses more accurate and insightful.A new leak from Apple Insider has revealed that Apple is training Siri to understand more 'natural language' commands, apart from the direct commands that the voice assistant already recognises. Apple is reportedly aiming to get its AI used to the natural language, speech patterns, sentence structures and instructions that Siri is likely to receive from the end users.
10.06 / 16:47
Election
community
President
reports
'Portfolios given to allies are leftovers...': Omar Abdullah 'bets' Lok Sabha Speaker will be from BJP
‘Paswan got 5 MPs, yet…': Shiv Sena, NCP (Ajit Pawar) miffed for being denied a berth in Modi govt 3.0 cabinet?In a post on X (formerly Twitter), he said, “For all the talk about the NDA partners pressing for their fair share in the Modi 3.0 ministry, they obviously don’t have much sway in the corridors of power. The portfolios given to the allies are the leftovers because the BJP hasn’t left anything meaningful for them."“You can bet your bottom dollar the post of Speaker Lok Sabha will stay with the BJP as well," he added.According to media reports, Maharashtra Chief Minister Eknath Shinde-led Shiv Sena and the Nationalist Congress Party (NCP) led by Ajit Pawar are miffed with Modi government for not being allotted a cabinet position, indicating potential trouble brewing within the NDA allies in Maharashtra.Also read: Seven women sworn-in as ministers in new NDA govt.
10.06 / 16:47
Google
security
Apple
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Features
Profiles
Apple said to release 7.9-inch foldable iPhone with ‘wrap around’ design in 2026. Here's what we know so far
Apple WWDC 2024 Live UpdatesIn an earlier note, Pu had asserted that Apple will release its 7.9-inch foldable device in 2026 while a 20.3-inch hybrid foldable device could make its debut a year earlier in 2025. The report was also collaborated by KGI Securities analyst Ming-Chi Kuo, who stated that Apple was indeed working on a 20.3-inch foldable MacBook.As per Pu, the upcoming 7.9 inch foldable will have a design similar to Huawei Mate Xs 2 while the 20.3 inch foldable could have a similar design to the Lenovo ThinkPad X1 Fold.
10.06 / 15:49
10.06 / 15:49
10.06 / 15:42
10.06 / 15:42
Progressive
Enterprise
Golf
reports
rights
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Sporting
PGA Tour reports 'progress' without details in meeting with Saudi wealth fund leaders
The PGA Tour is reporting progress without any details in its ongoing negotiations with the Public Investment Fund of Saudi Arabia
10.06 / 15:42
10.06 / 15:40
10.06 / 15:40
COST
Citi
awards
Winter Olympics
stage
reports
Salt Lake City Olympic bid projects $4 billion in total costs to stage 2034 Winter Games
Organizers for the proposed 2034 Winter Olympics in Salt Lake City released their first budget estimate, projecting total costs of just under $4 billion, with $2.84 billion slated for operational costs
10.06 / 15:40
10.06 / 15:39
Target
Progressive
Software
Sustainability
reports
Department
Updates
This Week: Oracle earns, Federal Reserve policy update, consumer price index
Software giant Oracle reports quarterly results Tuesday
10.06 / 15:39
10.06 / 15:39
10.06 / 15:39
Waters
reports
evacuation
Investigations
boating
A freighter ship in Lake Superior collided with something underwater, Coast Guards says
The U.S. Coast Guard says a freighter in Lake Superior has hit something underwater and started taking on water
10.06 / 15:33
UPS
Manufacturing
Platform
Metro
reports
travelers
Modi 3.0's agenda for Indian Railways: Focus on capacity expansion with new Vande Bharat, Amrit Bharat trains and reduced wait times
NDA government's agenda for its third term includes a continued emphasis on infrastructure development, particularly in the railways sector. As ministries prepare their 100-day agendas, Indian Railways is gearing up to enhance its capacity for both passengers and cargo.
10.06 / 14:13
FIVE
security
Remark
voice
exclusive
reports
‘Paswan got 5 MPs, yet…': Shiv Sena, NCP (Ajit Pawar) miffed for being denied a berth in Modi govt 3.0 cabinet?
Modi Govt 3.0: Maharashtra Chief Minister Eknath Shinde-led Shiv Sena and the Nationalist Congress Party (NCP) led by Ajit Pawar are miffed with the PM Narendra Modi government for not being allotted a cabinet position, according to reports. This indicates potential trouble brewing within the National Democratic Alliance (NDA) allies in Maharashtra.Ajit Pawar's NCP, a constituent of the BJP-led Mahayuti alliance in Maharashtra, stood firm on their demand for a cabinet berth, rejecting the offer of a Minister of State position.ALSO READ: 6 factors behind BJP's decline in Maharashtra Lok Sabha pollsShrirang Barne, an MP of the Shiv Sena under Eknath Shinde's leadership, voiced dissatisfaction on Monday regarding the party's exclusion from the Cabinet in the recently formed government led by Narendra Modi.
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