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U.S. Dollar Climbs Further Off Recent Lows
Following the rebound seen during yesterday's trading, the value of the U.S. dollar has seen further upside during trading on Friday.
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867 days ago
Swiss Market Ends Weak Again; Credit Suisse, UBS Slide Again
The Switzerland stock market ended on a weak note on Friday, led by losses in banking sector, amid persisting worries about the strength of the banking industry.
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867 days ago
European Stocks Close Sharply Lower On Growth Worries
European stocks closed sharply lower on Friday, weighed down by heavy selling in the banking sector after reports that Credit Suisse Group and UBS Group are among the banks under scrutiny in a U.S. Justice Department probe for potentially helping Russian oligarchs evade sanctions.
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867 days ago
U.S. Durable Goods Orders Unexpectedly Slump As Aircraft Demand Extends Nosedive
Reflecting a continued slump in orders for transportation equipment, the Commerce Department released a report on Friday showing an unexpected decrease in new orders for U.S. manufactured durable goods in the month of February. The Commerce Department said durable goods orders slid by 1.0 percent in February after plummeting by a revised 5.0 percent in January.
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867 days ago
Euro Falls Amid Growth Concerns
The euro depreciated against its major counterparts in the European session on Friday, as European shares fell on renewed concerns about the health of the banking sector despite assurances from U.S. regulators.
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867 days ago
Ally Financial Appoints Russell Hutchinson As CFO
Financial services company Ally Financial Inc. (ALLY) announced Friday that Russell Hutchinson will join the company as its chief financial officer, effective July 3, 2023. He will report to Ally CEO Jeffrey Brown and be based in Charlotte, N.C.
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867 days ago
UK Private Sector Logs Strong Growth In March
The UK private sector registered another increase in activity in March, reflecting robust performance by the service economy, flash survey results from S&P Global showed on Friday. The flash Chartered Institute of Procurement & Supply composite output index posted 52.2 in March, down from February's eight-month high of 53.1 and economists' forecast of 52.7. Nonetheless, the reading was above the
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867 days ago
more news
U.S. Durable Goods Orders Unexpectedly Slump 1.0% In February
Reflecting a continued slump in orders for transportation equipment, the Commerce Department released a report on Friday showing an unexpected decrease in new orders for U.S. manufactured durable goods in the month of February.
RTTNews
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867 days ago
Bay Street Likely To Open With Negative Gap
Lower U.S. and Canadian futures and a sell-off in European markets point to a negative start for the Canadian market on Friday.
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867 days ago
Eurozone Services Activity Lifts Private Sector Growth To 10-Month High
Eurozone private sector logged the strongest growth in ten months in March underpinned by the robust expansion in services activity though the manufacturing sector remained stuck in the contraction zone. The flash composite output index rose more-than-expected to 54.1 in March from 52.0 in February, survey results from S&P Global showed Friday. The expected score was 51.9.
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867 days ago
Dawson Geophysical Enters Asset Purchase Deal With Wilks Brothers, Breckenridge Geophysical
Dawson Geophysical Co. (DWSN) announced Friday that it has entered into an asset purchase agreement with Wilks Brothers, LLC and Breckenridge Geophysical, LLC, pursuant to which the Company purchased substantially all of the Breckenridge assets related to seismic data acquisition services other than its multi-client data library.
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867 days ago
Incyte Says FDA Issued CRL For Ruxolitinib Extended-release Tablets
Incyte Corp. (INCY) announced Friday that the U.S. Food and Drug Administration (FDA) has issued a complete response letter for ruxolitinib extended-release (XR) tablets, a JAK1/JAK2 inhibitor, for once-daily (QD) use in the treatment of certain types of myelofibrosis (MF), polycythemia vera (PV) and graft-versus-host disease (GVHD).
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867 days ago
UK Retail Sales Rise Most In 4 Months, Consumer Sentiment At 1-Year High
UK retail sales grew at the fastest pace in four months in February on robust non-food stores sales even as high inflation eats into households' purchasing power, data from the Office for National Statistics showed Friday. British consumers' confidence strengthened to a one-year high in March driven by the rising willingness to buy and improved assessment about the overall economy.
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867 days ago
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