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U.S. Dollar Climbs As Strong Jobs Data Reduces Rate Cut Hopes
The U.S. dollar firmed against its major counterparts in the New York session on Friday, as stronger-than-expected jobs data for November tempered expectations for early interest rate cuts by the Federal Reserve.
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607 days ago
Energy Stocks Lifting Canadian Market; CWB Rises After Results
The Canadian market is modestly higher in late morning trades on Friday, thanks to some brisk buying in the energy sector.
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607 days ago
Amazon Sues An International Ring For Stealing Millions Of Dollars In Refund Scams
e-commerce giant Amazon.com has sued an international ring of online thieves, including an organization called REKK, who fraudulently swindled millions of dollars in merchandise from the company through a series of refund scams. The scams included buying products on Amazon and seeking refunds without returning the goods.
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608 days ago
U.S. Job Growth Exceeds Estimates In November, Unemployment Rate Unexpectedly Dips
Employment in the U.S. increased by more than expected in the month of November, according to a highly anticipated report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment jumped by 199,000 jobs in November, while economists had expected employment to climb by 180,000 jobs. The report also said the unemployment rate unexpectedly dipped.
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608 days ago
U.S. Employment Jumps More Than Expected In November
Employment in the U.S. increased by more than expected in the month of November, according to a highly anticipated report released by the Labor Department on Friday.
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608 days ago
Dollar Climbs Following U.S. Jobs Data
At 8:30 am ET Friday, the Labor Department has released U.S. nonfarm payrolls data for November. After the data, the greenback appreciated against its major counterparts.
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608 days ago
Dollar Mixed Ahead Of U.S. Jobs Data
At 8:30 am ET Friday, the Labor Department will release U.S. nonfarm payrolls data for November. Ahead of the data, the greenback traded mixed against its major counterparts. While it recovered against the franc and the euro, it was steady against the yen and the pound.
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608 days ago
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Merck Says Phase 3 LEAP-001 Trial Evaluating KEYTRUDA Plus LENVIMA Did Not Meet Endpoints
Merck & Co., Inc. (MRK), known as MSD outside of the U.S. and Canada, and Japan's Eisai Co. Ltd. (ESALY.PK, ESALF.PK) announced Friday that the Phase 3 LEAP-001 trial evaluating KEYTRUDA, Merck's anti-PD-1 therapy, plus LENVIMA did not meet its dual primary endpoints of overall survival (OS) and progression-free survival (PFS) for the first-line treatment of patients with advanced or recurrent endometrial carcinoma whose disease is mismatch repair proficient (pMMR)/not microsatellite instability-high (MSI-H) or mismatch repair deficient (dMMR)/MSI-H.
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608 days ago
Agrivalle Partners Ginkgo Bioworks To Advance Its Biological Products
Brazilian agricultural biologicals company Agrivalle announced Friday a new partnership with Ginkgo Bioworks (DNA), which is building the leading platform for cell programming and biosecurity.
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608 days ago
Sensex, Nifty End Higher As RBI Ups GDP Forecast
Indian shares eked out modest gains on Friday as investors reacted to mixed global cues and the RBI's status quo interest-rate decision.
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608 days ago
Indian Rupee Falls To 2-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in evening deals on Friday.
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608 days ago
European Shares Advance As German Inflation Eases
European stocks were modestly higher on Friday as investors assessed the latest inflation data from Germany and awaited key U.S. employment report later in the day to confirm bets that the Federal Reserve is at peak rates.
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608 days ago
Tata Plans New IPhone Assembly Plant In India
Indian conglomerate Tata Group is planning to construct a new assembly plant for Apple Inc.'s iPhones in India, Blommberg reported. The move is said to be inline with the tech major's strategy to expand its manufacturing activities beyond China, to India, which is one of its largest emerging market. The new plant, deemed to be one of India's largest iPhone assembly plants, will be built in Hosur,
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608 days ago
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