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Gold Slumps As U.S.-Iran Embrace A Hard Stance, Diminishing Expectations Of Peace Talks

India, Aug. 18 -- After two sessions of gains, gold prices have tumbled on Tuesday as both the U.S. and Iran refused to relax their demands for peace talks, thereby leaving the Strait of Hormuz closed... Read More


Fabrinet Stock Falls 20% Despite Strong Q4 Results

India, Aug. 18 -- Fabrinet (FN) shares fell $122.20, or 20.41 percent, to $476.39 on Tuesday, despite the company reporting higher fourth-quarter earnings and revenue. The stock opened at $513.70 and... Read More


European Shares Seen Lower At Open As Yields Surge On Inflation Worries

India, Aug. 18 -- European stocks are seen opening broadly lower on Tuesday, even as London's FTSE 100 may rise at open as oil prices continued to climb amid concerns over the prospects of a diplomati... Read More


European Stocks Close Weak Amid Escalating U.S.-Iran Tensions

India, Aug. 18 -- European stocks closed mostly lower on Tuesday weighed down by concerns about escalating tensions between Iran and the U.S., elevated oil prices and rising bond yields. Oil prices c... Read More


Karman Line Acquisition Prices $200 Mln IPO At $10/Unit

India, Aug. 18 -- Karman Line Acquisition Corp. (XTER), a special purpose acquisition company, on Monday priced its initial public offering of 20 million units at $10 per unit. The offering is expect... Read More


Lyme Disease-Carrying Ticks Spread Further South In North Carolina, Study Finds

India, Aug. 18 -- New research from the University of North Carolina found that blacklegged ticks, which are the main carriers of Lyme disease, are becoming more common in North Carolina. The study l... Read More


Quavo Drops New Single 'Trance' From Pharrell Williams-Produced Album

India, Aug. 18 -- Rapper Quavo recently released a new single "Trance," the latest track from his forthcoming album Qromelife, executive produced by Pharrell Williams. The video for "Trance" finds Qu... Read More


Evogene Q2 Loss Narrows As AI Transformation Drives Strategic Progress

India, Aug. 18 -- Evogene Ltd. (EVGN) reported second-quarter and first-half 2026 financial results, highlighting continued progress in its transformation into a focused, AI-driven computational chemi... Read More


Baidu Stock Falls 12% After Q2 Profit Declines

India, Aug. 18 -- Baidu Inc. (BIDU) shares fell $12.77, or 12.26 percent, to $91.35 on Tuesday, after the company reported lower second-quarter profit and revenue compared with a year earlier. The st... Read More


Indian Shares Open Lower On Mideast Concerns; IT Stocks Slump

India, Aug. 18 -- Indian shares opened lower on Tuesday as global bond yields surged on concerns that renewed energy inflation could keep interest rates elevated. Brent crude futures climbed above $9... Read More