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U.S. Dollar Edges Higher As Concerns Of Re-escalation In Gulf Intensify

India, May 15 -- The U.S. Dollar value inched higher after the two-day U.S.-China summit failed to deliver any breakthrough on a possible Chinese role to end the gulf crisis. With reopening of the Str... Read More


Italy Inflation Accelerates Less Than Estimated

India, May 15 -- Consumer price inflation in Italy increased slightly less than initially estimated in April to the highest level in more than two-and-a-half years, the latest from the statistical off... Read More


Asian Shares Retreat On Rate Hike Concerns

India, May 15 -- Asian stocks declined on Friday after U.S. Treasury yields hit one-year highs, prompting traders to increase their bets on a Federal Reserve rate hike this year.Rising oil prices dent... Read More


Anthropic Explains Claude's 'Go To Bed' Messages As Quirky AI Trait

India, May 15 -- Anthropic clarified that its Claude chatbot's habit of telling users to "get some sleep" or "go rest" is more of a quirky behavior than a built-in feature. For months now, users have... Read More


Canadian Stocks Tumble As Strait Of Hormuz Blockade Is Set To Continue

India, May 15 -- Reversing the gains from yesterday's session, Canadian stocks slumped on Friday as the U.S.-China summit concluded with no announcement on a possible Chinese mediation to end the U.S.... Read More


Profit Taking, Treasury Yield Spike Leads To Sharp Pullback On Wall Street

India, May 15 -- Following the strength seen in the previous session, stocks pulled back sharply over the course of the trading day on Friday. The major averages all showed significant moves to the do... Read More


Dentsu Group Q1 Earnings Jump; Guides FY26

India, May 15 -- Dentsu Group Inc. (DNTUF,4324.T), a Japanese advertising and public relations holding company, on Friday reported higher net income in the first quarter of 2026 compared to the previo... Read More


Estonia Jobless Rate Rises In Q1

India, May 15 -- Estonia's unemployment rate increased in the first quarter, figures from Statistics Estonia showed on Friday. The jobless rate rose to 7.1 percent in the March quarter from 6.4 perce... Read More


Ten-Year Yield Skyrockets To Highest Closing Level In Almost A Year

India, May 15 -- Following the moderate rebound seen in the previous session, treasuries showed a substantial move back to the downside during trading on Friday.Bond prices plummeted early in the sess... Read More


Starbucks Cutting 300 Corporate Jobs In The U.S. As Turnaround Efforts Progress

India, May 15 -- Starbucks Corp. (SBUX) has announced it will be cutting 300 corporate jobs in the U.S. and shutting down some regional support offices. This move is part of CEO Brian Niccol's ongoing... Read More