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Fri, May 17, 2024 10:56 AM All times are UTC

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Europe Roundup: Sterling consolidates as investors await EU response to Brexit offer, euro tumbles on worse-than-expected PPI, European shares volatile - Thursday, October 3rd, 2019

Oct 03, 2019 11:16 am UTC| Market Roundups

Market Roundup Top EU court backs Polish consumers over Swiss Franc mortgages Poland monitoring banking sector constantly: finance minister ECBs de Guindos: markets may be underpricing impact of no-deal...

Asia Roundup: Aussie treads water amid further monetary easing concerns, dollar at 1-week low against yen as weak U.S. data fuels global slowdown worries, Asian shares plunge to 1-month trough - Thursday, October 3rd, 2019

Oct 03, 2019 06:28 am UTC| Market Roundups

Market Roundup U.S. tariffs on EU fan growth worries Gold rises amid global slowdown worries Oil price ease on growing inventories Australia Trade Balance misses surplus expectations ANZ World...

America’s Roundup: Dollar slides vs yen, euro, Wall Street slumps, Gold climbs 1%,Oil slides 2.5% as U.S. inventories build, weak economic data weighs-October 3rd 2019

Oct 02, 2019 20:10 pm UTC| Market Roundups

Market Roundup U.S. manufacturing ISM survey hits decade low Private payrolls growth in U.S. slows in September -ADP US Sep ADP Nonfarm Employment Change 135K, 140K forecast, 157K previous US Sep ISM NY...

Europe Roundup: Sterling eases ahead of PM Johnson's final EU Brexit offer, euro declines on ECB Draghi's comments, European shares tumble - Wednesday, October 2nd, 2019

Oct 02, 2019 11:14 am UTC| Market Roundups

Market Roundup Germany is not facing an economic crisis: minister German institutes slash GDP growth forecasts Oil declines ahead of U.S. crude stocks data PM Johnson to unveil final Brexit offer to...

Asia Roundup: Antipodeans consolidate near multi-year lows on monetary easing concerns, greenback declines as weak U.S. data reinforce economic slowdown fears, Asian shares tumble - Wednesday, October 2nd, 2019

Oct 02, 2019 06:55 am UTC| Market Roundups

Market Roundup Oil recovers on U.S. crude stock build Gold inches up on weak U.S. data ECBs Draghi calls for eurozone stimulus to boost investment Economic Data Ahead No major economic data...

America's Roundup: Dollar dips after U.S. manufacturing data hits 10-year low, Wall Street tumbles, Gold bounces off from two-month lows, Oil prices sink as weak US economic data dims demand outlook-October 2nd 2019

Oct 01, 2019 20:52 pm UTC| Market Roundups

Market Roundup U.S. factory sector contracts to weakest since June 2009 Silver hits lowest since Aug. 20 at $16.85 Canadas GDP unchanged in July Canada Jul GDP (MoM) 0.0%, 0.1% forecast, 0.2% previous ...

Europe Roundup: Euro near 2-1/2 year low as EZ inflation slows, greenback rallies as robust U.S. economic data scale back Fed rate cut expectations, investors eye U.S. manufacturing PMI - Tuesday, October 1st, 2019

Oct 01, 2019 11:13 am UTC| Market Roundups

Market Roundup PM Johnson to submit Brexit proposal to amend Brexit agreement Brexit to have no long-term impact on Ryanair: OLeary UK factories start stockpiling again Euro zone inflation slows year...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

Technology

Microsoft Integrates AMD AI Chips into Azure, Competing with Nvidia’s GPU Offerings

Microsoft announced Thursday that it will integrate AMDs MI300X processors into its Azure cloud services, offering a competitive alternative to Nvidias GPUs. Azures New AI Processing Power According to Reuters,...

Altcoins a ‘Relatively Huge’ Risk as Big Returns Fade, Analysts Warn Investors

Analysts caution that altcoins now represent a relatively huge risk, with the days of massive returns fading. Markus Thielen of 10xResearch suggests the high-reward era is over as crypto market narratives...

Bitcoin Has Best Day in 2 Months as SHIB to Get More Scarce with Shibarium

Bitcoin experienced its largest single-day rise in nearly two months, while ShibaSwaps expansion to Shibarium is set to increase SHIBs scarcity by boosting its burn rate. ShibaSwap Launches on Shibarium, Increasing SHIB...

Kia's Electric Pickup Spotted in US Testing, Targets Tesla Cybertruck, Ford F-150 Lightning

Kias upcoming electric pickup, designed to rival the Tesla Cybertruck, Rivian R1T, and Ford F-150 Lightning, has been spotted testing in the U.S., marking a significant step in its development. Kias Strategic Move into...

OpenAI Strikes Deal with Reddit to Bring Content to ChatGPT, Boosting Stocks

OpenAI and Reddit announced a partnership on May 16 to integrate Reddit content into ChatGPT, enhancing the chatbots capabilities and driving Reddits stock up 12% in extended trading. Reddit Diversifies Beyond...