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U.S. Retail Sales Pull Back More Than Expected In November
After reporting a sharp increase in U.S. retail sales in the previous month, the Commerce Department released a report on Thursday showing retail sales pulled back by much more than expected in the month of November.
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U.S. Weekly Jobless Claims Unexpectedly Edge Lower
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended December 10th.
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Williams To Acquire MountainWest Pipelines From Southwest Gas In $1.5 Bln Deal
Williams Cos. (WMB) announced Thursday that it has reached an agreement to acquire MountainWest Pipelines Holding Co. from Southwest Gas Holdings, Inc. (SWX), in a transaction including $1.07 billion of cash and $0.43 billion of assumed debt, for an enterprise value of $1.5 billion.
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Euro Rises After ECB Decision
As expected, the European Central Bank raised its main refinancing rate by 50 basis points to 2.50 percent from 2 percent. Following the announcement, the euro rose against its major opponents.
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Euro Mixed Ahead Of ECB Decision
The European Central Bank will announce interest rate decision at 8:15 am ET Thursday. The ECB is expected to hike its main refinancing rate by 50 basis points to 2.50 percent from 2 percent.
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Twitter Suspends Account That Tracked Elon Musk's Private Jet
Twitter permanently suspended an account that tracked the location of Elon Musk's private jet. The @ElonJet account, with more than 500,000 followers, was removed following a new set of policies. The company tweeted, "We've updated our Private Information policy to prohibit sharing someone else's live location in most cases."
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Old Dominion Freight Line Announces General Rate Increase Of 4.9%
Old Dominion Freight Line, Inc. (ODFL) announced Thursday a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective January 3, 2023.
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Sensex, Nifty Close Sharply Lower On Growth Concerns, Interest Rate Jitters
Indian stocks fell on Thursday, tracking weak global cues after the Federal Reserve hiked its rate by 50 basis points on Wednesday and signaled more hikes in the coming months.
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HOOKIPA Pharma Promotes Katia Schlienger As Chief Medical Officer
Biopharmaceutical company HOOKIPA Pharma Inc. (HOOK) announced Thursday the promotion of Katia Schlienger, to Chief Medical Officer and the appointment of Malte Peters, to its Board of Directors, both effective January 1, 2023.
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Pound Drops After BoE Decision
As expected, the Bank of England raised its key rate by 50 basis points to 3.50 percent from 3 percent. Following the decision, the pound fell against its major counterparts.
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Pound Mixed Ahead Of BoE Decision
The Bank of England's monetary policy announcement is due at 7:00 am ET Thursday. The BoE is widely expected to raise its key rate by 50 basis points to 3.50 percent from 3 percent.
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FTSE 100 Lower Ahead Of BoE Review
FTSE 100 of the London Stock Exchange shed a little less than half percent as sentiment post the FOMC outcome and ahead of the review by Bank of England remained cautious.
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Reviva Pharma Announces Positive Data From DDI Study Of CYP3A4 Enzyme Effect On Brilaroxazine
Biopharmaceutical company Reviva Pharmaceuticals Holdings, Inc. (RVPH) announced Thursday positive data from its recently completed clinical drug-drug interaction (DDI) study investigating the potential effect of CYP3A4 enzyme on brilaroxazine in healthy subjects.
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