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U.S. Services Index Unexpectedly Indicates Faster Growth In August
Activity in the U.S. service sector unexpectedly grew at a faster pace in the month of August, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its services PMI rose to 54.5 in August from 52.7 in July, with a reading above 50 indicating growth in the sector.
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Loonie Mixed After BoC Decision
As expected, the Bank of Canada kept its policy rate steady at 5 percent. Following the announcement, the loonie traded mixed against its major opponents. While it fell against the greenback, it rose against the rest of major rivals.
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Před 712 dny
Swiss Franc Falls Against Majors
The Swiss franc declined against its major rivals in the European session on Wednesday.
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Amazon Sues Bad Actors Attempting To Use Social Media To Knowingly Sell Counterfeit Luxury Items
Amazon.com, Inc. (AMZN) and its Counterfeit Crimes Unit (CCU) announced Wednesday the filing of two new lawsuits against Kamryn Russell, Ashley Hawat, and their co-conspirators who knowingly attempted to evade Amazon's brand protection systems in an effort to promote, advertise, and facilitate the sale of counterfeit luxury fashion goods such as jewelry, handbags, and accessories.
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German Factory Orders Slump Adds To Recession Concerns
Germany's manufacturing sector orders decreased in double-digits on a monthly basis in July, which was much more than forecast, largely due to a big order for air and spacecraft in the previous month, and added fuel to worries that the biggest euro area economy may be headed for a recession.
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Moderna Says Clinical Trial Data Shows Updated COVID Vaccine Very Effective Against BA.2.86 Variant
Moderna, Inc. (MRNA) announced Wednesday that clinical trial data from its research assay confirm its updated COVID-19 vaccine generates an 8.7-fold increase in neutralizing antibodies in humans against BA.2.86 (Pirola), a variant under monitoring.
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U.S. Trade Deficit Widens As Imports Rise Slightly More Than Exports
The Commerce Department released a report on Wednesday showing the U.S. trade deficit widened in the month of July.
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more news
FTSE 100 Falls As Rising Crude Oil Prices Spotlight Inflation
FTSE 100 of the London Stock Exchange declined 0.68 percent amidst renewed concerns over inflation triggered by the rise in crude oil prices.
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Před 712 dny
Euro Appreciates Amid Hawkish Comments From ECB's Knot
The euro was higher against its major counterparts during the European session on Wednesday, as European Central Bank Governing Council member Klaas Knot remarked that markets may be misreading the possibility of an interest rate hike at the monetary policy meeting next week.
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Amneal Pharma Says FDA Approves Lisdexamfetamine Dimesylate Capsules
Amneal Pharmaceuticals, Inc. (AMRX) announced Wednesday it has received Abbreviated New Drug Application (ANDA) approval from the U.S. Food and Drug Administration for lisdexamfetamine dimesylate capsules, 20 mg, 30 mg, 40 mg, 50 mg, 60 mg, and 70 mg.
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Před 712 dny
Aramark Ok's Spin-Off Of Uniforms And Workplace Supplies Business As Vestis
Aramark (ARMK) announced Wednesday that its Board of Directors approved the previously announced tax-free spin-off transaction of its uniforms and workplace supplies business, which will be named Vestis.
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Před 712 dny
Bay Street Seen Opening Lower
Canadian shares are likely to open on a negative note on Wednesday, tracking weak European stocks and lower commodity prices. The focus will be on the Bank of Canada's interest rate decision, due at 10 AM ET.
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Před 712 dny
UK Construction Growth Slows On Housing Downturn, Weak Demand
The British construction sector expansion slowed in August as the growth in the commercial and civil engineering segments were not strong enough to offset a steep slump in house building and sharply weakening demand due to rising borrowing costs, the purchasing managers' survey results from S&P Global showed on Wednesday.
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Před 712 dny
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