EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook

BBC
Meta AI spending plans cause share price slump
Investors react badly to the Facebook and WhatsApp owner spending more than anticipated on AI.
3 minutes ago
Reuters
South Korean solar maker Hanwha Qcells to cease operations in China
South Korea's Hanwha Solutions said on Thursday that its solar panel making unit Hanwha Qcells will cease its China operations as it focuses on the U.S. market. Qcells will stop production and sales from its sole factory in China, in the region of Qidong, from end-June, Hanwha Solutions said in a regulatory filing.
6 minutes ago
GlobeNewswire
Man Group PLC : Form 8.3 - Tyman plc
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:Man Group PLC(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation
7 minutes ago
Evening Standard
'Could London, just possibly, be next' in UK electoral shocks as Susan Hall closes gap on Sadiq Khan?
COMMENTARY: The race is proving tighter than most commentators anticipated, says Professor Patrick Diamond
8 minutes ago
BBC
SNP's power-sharing deal with the Scottish Greens collapses
It follows the government's decision to scrap key climate targets and its response to a review into gender services.
9 minutes ago
People
Chrissy Teigen Shares Clip of Her 'Anxiety Hives' Ahead of Red Carpet Appearance: 'Every Event'
The model and cookbook author attended the Los Angeles screening of Netflix's 'A Man In Full' on April 24
10 minutes ago
GlobeNewswire
Man Group PLC : Form 8.3 - Quanex Building Products Corporation
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:Man Group PLC(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation
10 minutes ago
GlobeNewswire
Europe Smart Harvest Industry Research Report 2024: A $1.864 Billion by 2028 with Agrobot, Antobot, AMB Rousset, and CNH Industrial Dominating
European Smart Harvest Market European Smart Harvest Market Dublin, April 25, 2024 (GLOBE NEWSWIRE) -- The "Europe Smart Harvest Market: Focus on Product, Application, Country - Analysis and Forecast, 2023-2028" report has been added to ResearchAndMarkets.com's offering. The Europe smart harvest market (excluding U.K.) was valued at $1,121.7 million in 2023 and is anticipated to reach $1,864.4 million by 2028, witnessing a CAGR of 10.7% during the forecast period 2023-2028 This expansion is most
11 minutes ago
The Independent
Sam Smith to headline BBC Proms as bosses insist show will be ‘appropriate’
‘Unholy’ singer and Florence Welch of Florence + The Machine have been selected as Proms headliners
11 minutes ago
Associated Press Finance
Tough new EPA rules would force coal-fired power plants to capture emissions or shut down
Coal-fired power plants would be forced to capture smokestack emissions or shut down under a rule issued Thursday by the Environmental Protection Agency. New limits on greenhouse gas emissions from fossil fuel-fired electric plants are the Biden administration's most ambitious effort yet to roll back planet-warming pollution from the power sector, the nation’s second-largest contributor to climate change. The rules are a key part of President Joe Biden's pledge to eliminate carbon pollution from the electricity sector by 2035 and economy-wide by 2050.
11 minutes ago
The Independent
Suspended Labour MP Kate Osamor to be given party whip back within days after Holocaust post
Exclusive: Three months after being suspended over a Holocaust Memorial Day post suggesting the Israeli action in Gaza is genocide, Kate Osamor will be welcomed back into the Labour fold
11 minutes ago
The Independent
Supreme Court to hear high-stakes arguments on Trump’s presidential immunity in criminal case: Live
Decision on immunity question could impact what charges Republican presidential contender faces and whether they go to trial before November’s election
11 minutes ago
Reuters
Republican Senator Rubio calls for blocking of all US sales to Huawei
Republican China hardliner Marco Rubio is calling on the Biden administration to block all sales to Huawei after the sanctioned Chinese tech company released a new AI-enabled laptop powered by an Intel AI processor chip. The release of Huawei's first AI-enabled laptop, the MateBook X Pro powered by Intel's new Core Ultra 9 processor, last week drew fire from Republican lawmakers, who said it suggests that the Commerce Department had given the greenlight to Intel to sell the chip to Huawei.
12 minutes ago
Business Wire
Net Asset Value(s)
LONDON, April 25, 2024-- FundsDate
13 minutes ago
Evening Standard
London travel news LIVE: Euston rush-hour disruption after train hits obstruction near Watford Junction
Disruption has hit the morning rush-hour on Thursday after a train crashed into a a piece of wood near Watford. Trains to and from Euston are among those affected. National Rail warns trains are having to run at reduced speeds on the line towards Milton Keynes Central.
13 minutes ago
Reuters
Biden to announce preliminary deal with Micron for up to $6.14 billion in chip grants
U.S. President Joe Biden will travel to Syracuse, New York, on Thursday to announce a preliminary agreement with memory chip maker Micron Technology for up to $6.14 billion in subsidies for two chip factories, the White House said. The agreement signed by the U.S. Commerce Department will fund facilities in New York and Idaho under the 2022 CHIPS and Science Act, which aims to boost domestic manufacturing of chips and reduce reliance on supplies from China and Taiwan. The Commerce Department said the federal grants would support the construction of a fabrication plant, or fab, in Clay, New York, a first step toward Micron's plans to invest about $100 billion in New York and create 13,500 jobs.
13 minutes ago
Associated Press Finance
As Biden celebrates computer chip factories, voters wait for the promised production to start
President Joe Biden has a great economic story to tell voters a decade from now, less so in 2024. On Thursday, the Democratic president will head to upstate New York to celebrate Micron Technology's plans to build a campus of computer chip factories made possible in part with government support. Staring down a rematch with Republican Donald Trump, Biden is asking voters to believe in a vision for the U.S. economy that is still largely a promise.
14 minutes ago
Reuters
AI spending worries cast gloom over Alphabet, Microsoft
Investors appear to be losing patience with Big Tech's prodigious artificial intelligence investments this week after Meta Platforms signaled deeper spending and a long road to profitability. The concession from Meta in its quarterly report late on Wednesday cast a cloud over Microsoft and Alphabet, which will both report quarterly earnings on Thursday. Meta's stock sank 15% in extended trade after it forecast higher AI spending next year, while Microsoft was down 2%, Alphabet fell 3% and Nvidia dropped 1.4% in reaction.
16 minutes ago
The Independent
Deputy head and special needs teacher among victims of knife attack at Welsh school
Fiona Elias phoned her father to say she had ‘superficial wounds’ to her hands
16 minutes ago
Reuters
Toyota pilots EV pickup trucks in key Thai market
Toyota launched a public transport pilot on Thursday with nine fully electric Hilux Revo pickup trucks in Thailand, a key Southeast Asian battleground for electric vehicles where Chinese players are challenging the dominance of Japanese automakers. "The battery EV Revo have been modified into song-taews for public transportation," Toyota Motor Thailand Executive Vice President Surapoom Udomwong said Thursday, referring to the pickup trucks that have been re-purposed for public transit.
17 minutes ago

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