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ITT Ink 10-Year Strategic Agreement With Continental To Supply Aftermarket Brake Pads
ITT Inc. (ITT) announced Monday that the company has signed a 10-year strategic agreement for the supply of aftermarket brake pads to German automotive supplier Continental AG (CTTAY.PK). The agreement is expected to generate more than $1 billion in revenue over the term.
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873 일 전
Major Central Banks Try To Stem Contagion After Credit Suisse Rescue
World's major central banks announced a joint effort to prevent the banking crisis from spreading after the Swiss bank UBS decided to acquire the troubled rival Credit Suisse in a deal brokered by the Swiss authorities. Central banks decided to increase the frequency of US dollar operations with 7-day maturity from weekly to daily from March 20.
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873 일 전
Gilead Exercises Option To License Nurix's Protein Degrader Molecule NX-0479
Biopharmaceutical companies Gilead Sciences, Inc. (GILD) and Nurix Therapeutics, Inc. (NRIX) announced Monday that Gilead has exercised its option to exclusively license Nurix's investigational targeted protein degrader molecule NX-0479.
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873 일 전
UK House Prices Rise In March: Rightmove
After flattening in February, UK house prices increased in March due to a jump in the larger home top-of-the-ladder sector, property website Rightmove said Monday. The average price of property coming to market grew 0.8 percent on a monthly basis in March, following a nil growth in February. The overall house price inflation was driven by the 1.2 percent increase in larger home prices.
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873 일 전
Bay Street Likely To See Mixed Start
Canadian shares are likely to open on a mixed note on Monday with investors reacting to news about the crisis in the financial sector, and looking ahead to the Federal Reserve's policy meeting.
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873 일 전
FDA Bans 2 Vuse Solo Menthol E-cigarette Products
The U.S. Food and Drug Administration has denied marketing of two Vuse Solo brand menthol e-cigarette products currently marketed by R.J. Reynolds Vapor Co. The agency said the company must not market or distribute these unauthorized products in the U.S. or they risk FDA enforcement action.
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873 일 전
Eurozone Trade Gap Narrows In January
Euro area trade deficit narrowed at the start of the year as the pace of fall in imports exceeded the decline in exports, official data revealed Monday. The deficit on trade in goods decreased to a seasonally adjusted EUR 11.3 billion in January from EUR 13.4 billion in December, Eurostat reported.
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873 일 전
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Foot Locker Q4 Profit Down, Warns On FY23; To Close Hong Kong Operations
Foot Locker, Inc. reported Monday sharply lower profit in its fourth quarter with slight drop in net sales, even as comparable sales increased. Further, the specialty athletic retailer announced dividend, and issued fiscal 2023 forecast, well below last year. However, over the long term, the company projects growth. Foot Locker further announced that it is transforming its business model in Asia.
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873 일 전
Japanese Yen Climbs In Cautious Trade
The Japanese yen strengthened against its major counterparts in the European session on Monday, as a takeover of Credit Suisse by UBS and the combined efforts of major central banks to avert a liquidity crisis failed to cheer investors.
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873 일 전
PDD Holdings Q4 Profit Rises 43%
PDD Holdings, Inc. (PDD) reported on Monday that fourth-quarter net income attributable to ordinary shareholders grew 43 percent to RMB9.45 billion or $1.37 billion), from RMB6.62 billion in the prior-year quarter. Earnings per ADS were RMB6.52 or $0.95, up from RMB4.66 a year ago.
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873 일 전
Sensex, Nifty End Off Day's Lows
Indian shares fell sharply on Monday before ending the session off their day's lows.
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873 일 전
European Shares Off Day's Lows
European stocks traded mixed on Monday, after having fallen sharply earlier in the session on concerns over a deepening banking crisis and an impending recession.
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873 일 전
FTSE 100 Slides As Banks And Energy Stocks Drag
U.K. stocks fell on Monday as banks extended last week's declines on concerns over a deepening banking crisis.
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873 일 전
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