Actualités Forex

Allorion Therapeutic Inks Agreement With AstraZeneca For EGFR L858R Allosteric Inhibitor Program

Allorion Therapeutics, a US and China-based biotechnology company, on Tuesday entered into an exclusive option and global license agreement with British drug major AstraZeneca plc (AZN) to develop and commercialize a novel epidermal growth factor receptor (EGFR) L858R mutated allosteric inhibitor, as a potential new treatment for advanced EGFR-mutant non-small cell lung cancer (NSCLC).
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Pound Drops As U.K. Manufacturing Downturn Intensifies

Pound Drops As U.K. Manufacturing Downturn Intensifies

The pound weakened against its major counterparts in the European session on Tuesday, as the nation's manufacturing activity contracted at a faster pace in December as output fell sharply amid weaker demand conditions both domestically and internationally.
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H World Group Names Jun Zou To Succeed Jihong He As New CFO

H World Group Names Jun Zou To Succeed Jihong He As New CFO

Hotel operator H World Group Ltd. (HTHT) announced that Jihong He will step down as the chief financial officer of the Company and serve as the chief strategy officer of the Company, effective from January 2, 2024.
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UK Manufacturing Moves Deep Into Contraction

UK Manufacturing Moves Deep Into Contraction

The UK manufacturing sector contracted further in December with an accelerated downturn in output as tough domestic and global market conditions damped demand and expectations dipped to a one-year low, survey results from S&P Global revealed Tuesday. The Chartered Institute of Procurement & Supply final Manufacturing Purchasing Managers' Index, or PMI, dropped to 46.2 in December from a seven-mo
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Eurozone Manufacturing Stuck In Contraction Territory

Eurozone Manufacturing Stuck In Contraction Territory

The euro area manufacturing sector ended the year firmly in the contraction territory due to the sustained decline in new orders and output, strongly supporting the view that the region has entered a recession at the end of 2023. The final HCOB manufacturing Purchasing Managers' Index rose to 44.4 in December from 44.2 in November, survey data from S&P Global showed on Tuesday.
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Swiss Franc Lower Against Majors

Swiss Franc Lower Against Majors

The Swiss franc dropped against its major counterparts in the European session on Tuesday, amid a rebound in the U.S. dollar on the first trading day of the year.
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Singapore GDP Growth Picks Up In Q4

Singapore GDP Growth Picks Up In Q4

Singapore's economy expanded at a faster pace in the fourth quarter on the back of growth in manufacturing and construction output but a less favorable external environment poses risks to the outlook. Gross domestic product grew 2.8 percent annually, following the 1.0 percent expansion in the preceding period, advance estimates from the Ministry of Trade and Industry showed on Tuesday.
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