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Merck Says FDA Grants Priority Review For KEYTRUDA+Concurrent Chemoradiotherapy For Cervical Cancer
Merck & Co Inc. (MRK), known as MSD outside of the U.S. and Canada, announced Wednesday the U.S. Food and Drug Administration (FDA) has accepted for priority review a new supplemental Biologics License Application (sBLA) seeking approval for KEYTRUDA, Merck's anti-PD-1 therapy, in combination with external beam radiotherapy (EBRT) plus concurrent chemotherapy, followed by brachytherapy (concurrent chemoradiotherapy) as treatment with definitive intent for newly diagnosed patients with high-risk locally advanced cervical cancer.
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UK Inflation Softens In August
UK consumer price inflation unexpectedly slowed to an 18-month low in August, official data showed ahead of the Bank of England's monetary policy announcement on Thursday, raising chances of a pause in the interest rate hike cycle. The consumer price index posted an annual increase of 6.7 percent in August after rising 6.8 percent in July, the Office for National Statistics reported Wednesday.
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General Mills Reaffirms FY24 Outlook - Update
While reporting financial results for the first quarter on Wednesday, branded food company General Mills, Inc. (GIS) reaffirmed its adjusted earnings growth and organic net sales growth outlook for the full-year 2024.
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Forbes Magazine Names CGI Among The World's Best Management Consulting Firms For 2023
CGI, Inc. (GIB, GIB.A.TO) announced Wednesday that it has once again been named one of the World's Best Management Consulting Firms by Forbes magazine.
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Sensex, Nifty Tumble Ahead Of Fed Decision; RIL And HDFC Bank Top Losers
Indian shares fell sharply on Wednesday, tracking weak global markets as investors awaited the Federal Reserve's interest-rate decision later in the day for direction.
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European Shares Edge Higher Ahead Of Fed Decision
European stocks advanced on Wednesday, as investors awaited the Fed's summary of economic projections and the updated quarterly rate projections — known as the dot plot —at the conclusion of a two-day policy meeting later in the day.
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FTSE 100 Climbs As Inflation Slows Unexpectedly
U.K. stocks rose notably on Wednesday and the British pound weakened against other major currencies after data showed the U.K. consumer price inflation slowed unexpectedly in August.
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China Holds Benchmark Lending Rates Steady
The People's Bank of China kept its benchmark lending rates unchanged on Wednesday after recent economic data suggested that the series of easing measures eventually started to provide positive impetus to the economy. After a 10 basis-point reduction in August, the one-year loan prime rate, or LPR, was kept unchanged at 3.45 percent.
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CAC 40 Inches Higher As Banks Climb Ahead Of Fed Decision
French stocks were moving higher on Wednesday as investors await the FOMC interest-rate decision later in the day.
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DAX Gains As Producer Prices Decline At Record Pace
German stocks advanced on Wednesday after preliminary data from Destatis showed German producer prices declined at a record pace in August mainly due to the base effect caused by the very high price level of the previous year.
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Asian Shares Decline As Investors Await Fed Decision
Asian stocks declined on Wednesday, as investors awaited the Fed's monetary policy decision, the summary of economic projections and the updated quarterly rate projections — known as the dot plot —at the conclusion of a two-day policy meeting later in the day.
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Sterling Slumps As U.K. Inflation Slows Unexpectedly
The British pound weakened against other major currencies in the European session on Wednesday, after data showed that the U.K. consumer price inflation slowed unexpectedly in August.
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Boeing Sees China Needing 8,560 New Commercial Airplanes In 20 Years
Aerospace major Boeing projects that China will need 8,560 new commercial airplanes through 2042, and that the country will also account for 20 percent of the world's airplane deliveries in the next two decades. The forecast is based on China's significant economic growth well above the global average and fast growing demand for domestic air travel.
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