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Canadian Dollar Falls As Inflation Eases
The Canadian dollar dropped against its major counterparts in the New York session on Tuesday, as Canada's consumer inflation slowed more than expected in August.
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Swedish Central Bank Lifts Rate Sharply; Hints At More Hikes
Sweden's central bank raised its benchmark rate at a sharper-than-expected pace on Tuesday and signaled more hikes to combat high inflation. The Executive Board of Riksbank decided to raise the policy rate by 1 percentage point to 1.75 percent and signaled more tightening in the coming six months.
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U.S. Housing Starts Unexpectedly Rebound From Two-Year Low In August
The Commerce Department released a report on Tuesday showing an unexpected spike in new residential construction in the U.S. in the month of August, although the report also showed a steeper than expected slump in building permits.
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U.S. Dollar Higher As Fed Meeting In Focus
The U.S. dollar climbed against its major counterparts during European deals on Tuesday, ahead of a large rate hike from the Federal Reserve at the end of its two-day meeting on Wednesday.
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Hoth Therapeutics Partners Altasciences For Manufacturing HT-TBI For Traumatic Brain Injury/Stroke
Biopharmaceutical company Hoth Therapeutics, Inc. (HOTH) announced Tuesday that it has signed an agreement with Altasciences, a fully integrated early phase CRO/CDMO, to develop and manufacture the HT-TBI drug product formulation.
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Future Confirms CEO Zillah Byng-Thorne Has Not Resigned But Plans To Step Down By End Of 2023
In response to recent press speculation and share price movement, Future plc (FUTR.L), a platform for specialist media, confirmed on Tuesday that CEO Zillah Byng-Thorne has not resigned. However, she has informally indicated that she would like to step down by the end of 2023.
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U.S. Housing Starts Unexpectedly Spike 12.2% In August
The Commerce Department released a report on Tuesday showing an unexpected spike in new residential construction in the U.S. in the month of August, although the report also showed a steeper than expected slump in building permits.
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more news
Stryker Gets FDA 510(k) Clearance For OptaBlate Bone Tumor Ablation System
Medical technology company Stryker Corp. (SYK) announced Tuesday that its OptaBlate bone tumor ablation system (OptaBlate) received 510(k) clearance from the U.S. Food and Drug Administration.
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Bay Street Likely To Open Lower
Canadian shares are likely to open lower on Tuesday, tracking weak Asian and European markets and lower commodity prices.
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Amazon Inks Deal With Infinium To Bring Low Carbon Electrofuels To Trucking Fleet
Amazon.com, Inc. (AMZN) on Tuesday signed an agreement with renewable fuels technology company Infinium to begin powering Amazon's transportation fleet with ultra-low carbon electrofuels beginning in 2023.
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Gain Therapeutics Names COO Matthias Alder To Succeed Eric Richman As CEO
Biotechnology company Gain Therapeutics, Inc. (GANX) announced Tuesday that Chief Operating Officer Matthias Alder has been appointed as the Company's Chief Executive Officer, effective immediately.
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Zimmer Biomet Receives FDA 510(k) Clearance For Identity Shoulder System
Medical technology firm Zimmer Biomet Holdings, Inc. (ZBH) announced Tuesday the U.S. Food and Drug Administration (FDA) 510(k) clearance of the Identity Shoulder System for anatomic, reverse and revision shoulder replacement.
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Sensex, Nifty Gain Around 1% Ahead Of Fed Meet
Indian shares ended sharply higher on Tuesday, thanks to a rebound in the final hour of New York trading overnight.
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