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Sensex, Nifty End Lower As IT Stocks Decline On Profit Taking
Indian shares fluctuated before finishing slightly lower on Tuesday as investors awaited speeches by central bank officials at the Davos World Economic Forum meeting 2024 for important clues to the rate outlook.
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Apple To Remove Blood Oxygen Sensor From Series 9, Ultra 2 Smartwatches
Apple Inc. is removing a blood-oxygen feature from its latest Series 9 and Ultra 2 smartwatches with a view to avoiding a U.S. ban amid the ongoing patent dispute with medical-technology company Masimo Corp. As per a filing by Masimo with the U.S. Court of Appeals for the Federal Circuit, Apple's redesigned watch products definitively do not contain pulse oximetry functionality.
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European Shares Retreat As Rate Cut Hopes Fade
European stocks traded lower on Tuesday as traders pared back expectations on near-term rate cuts by the U.S. Federal Reserve and the European Central Bank.
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FTSE 100 Slips After Wage Data
U.K. stocks traded lower on Tuesday while the British pound weakened against other major currencies after data showed that that the U.K. average earnings grew less-than-expected for three months ending November.
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CAC 40 Declines On Uncertainty Over Rate Cuts
French stocks declined on Tuesday as traders pared back expectations on near-term rate cuts by the U.S. Federal Reserve and the European Central Bank.
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DAX Slips As Inflation Rises
German stocks fell on Tuesday after data showed German consumer price inflation accelerated somewhat amid a rebound in energy costs, as initially estimated in December.
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Asian Shares Retreat As Rate Cut Hopes Fade
Asian stocks declined on Tuesday in the absence of Wall Street cues and heightened geopolitical tensions.
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more news
Pound Falls On Soft U.K. Wage Growth Data
The British pound weakened against other major currencies in the European session on Tuesday, after data showed that that the U.K. average earnings grew less-than-expected for three months ending November.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the pre-European session on Tuesday.
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Vodafone, Microsoft Partner In Generative AI, Digital Services, Cloud
British telecom major Vodafone Group Plc announced a 10-year strategic partnership with tech major Microsoft Corp. with a view to provide generative AI, digital and cloud services to customers. The move will help Vodafone to offer scaled digital platforms to more than 300 million businesses, public sector organisations, and consumers across Europe and Africa using Microsoft's generative AI.
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Australia Consumer Sentiment Weakens On Higher Cost Of Living, Interest Rates
Australia consumer confidence weakened further at the start of the year as the rising cost of living and high interest rates continued to weigh on incomes, survey results from Westpac showed on Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index dropped to 81.0 in January from 82.1 in December.
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Antipodean Currencies Fall Amid Rate Cut Speculations
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major counterparts in the Asian session on Tuesday, as investors temper rate cut expectations on the first monetary policy decisions of the year from major global central banks.
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NZ Dollar Drops Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday.
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