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Swiss Market Ends Sharply Lower
After opening modestly higher and spending some time in positive territory Tuesday morning, the Switzerland stock market fell into the red and stayed weak right through the day's session amid rising fears about a possible recession.
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1126 hari yang lalu
European Stocks Close Sharply Lower On Recession Fears
European stocks tumbled on Tuesday as recession fears triggered a sell-off. Investors digested some weak economic data from the Eurozone, and the Bank of England's Financial Stability Report that showed the growth outlook has worsened.
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1126 hari yang lalu
Novavax's Nuvaxovid COVID-19 Vaccine Conditionally Authorized In EU For Adolescents Aged 12 To 17
Biotechnology company Novavax, Inc. (NVAX) announced Tuesday that the European Commission (EC) has approved the expanded conditional marketing authorization (CMA) of Nuvaxovid (NVX-CoV2373) COVID-19 vaccine in the European Union (EU) for adolescents aged 12 through 17.
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1126 hari yang lalu
Syros Pharmaceuticals To Acquire TYME Technologies
Syros Pharmaceuticals (SYRS) and TYME Technologies, Inc. (TYME) announced that the companies have entered into a definitive merger agreement pursuant to which Syros will acquire TYME, including its pipeline assets and net cash at closing which after accounting for wind-down and transaction expenses is currently estimated to be approximately $60 million.
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1126 hari yang lalu
Cancom Supervisory Board Promotes COO Rüdiger Rath To CEO
German IT service provider Cancom SE (CNCXY.PK) announced Tuesday that its Supervisory Board has decided to appoint Rüdiger Rath as the new Chief Executive Officer, effective from November 1, 2022.
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1126 hari yang lalu
Euro Lower As Recession Concerns Grow After Weak Eurozone PMI Data
The euro fell against its major rivals in the European session on Tuesday, as natural gas prices climbed and Eurozone business growth slowed sharply in June, intensifying worries about a recession.
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1126 hari yang lalu
DURECT Appoints Timothy Papp As New CFO
Biopharmaceutical company DURECT Corp. (DRRX) announced Tuesday the appointment of Timothy Papp as its Chief Financial Officer. Papp brings over 25 years of corporate finance experience to DURECT, including 15 years in the Biopharma sector.
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1126 hari yang lalu
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Xperi Holding Acquires Vewd Software For $109 Mln In Cash And Debt
Xperi Holding Corp. (XPER) announced Tuesday that it has acquired Vewd Software Holdings Ltd. for $109 million through a mixture of cash and debt.
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1126 hari yang lalu
Bay Street Likely To Open On Negative Note
Lower Canadian and U.S. futures, weakness in European markets and sluggish commodity prices point to a negative start for Canadian shares on Tuesday.
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1126 hari yang lalu
Titan Pharma Says FDA Clears IND Application For Nalmefene Implant
Titan Pharmaceuticals, Inc. (TTNP) announced Tuesday that the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug (IND) application for a Phase 1 study of its six-month or longer subdermal formulation of nalmefene, an opioid antagonist, intended for the prevention of relapse following opioid detoxification in adults with Opioid Use Disorder (OUD).
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1126 hari yang lalu
Vertex Pharma Says FDA Lifts Clinical Hold On Phase 1/2 Trial Of VX-880 To Treat Type 1 Diabetes
Vertex Pharmaceuticals Inc. (VRTX) announced Tuesday that the U.S. Food and Drug Administration (FDA) has lifted the clinical hold placed on the Phase 1/2 clinical trial of VX-880, an investigational stem cell-derived, fully differentiated pancreatic islet cell replacement therapy for people with type 1 diabetes (T1D) with impaired hypoglycemic awareness and severe hypoglycemia.
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1126 hari yang lalu
UK Service Sector Growth Improves In June
UK service providers reported a faster growth in activity in June despite cost of living concerns and a weak economic outlook, final data from S&P Global showed on Tuesday. The headline S&P Global/Chartered Institute of Procurement & Supply final services Purchasing Managers' Index registered 54.3 in June, up slightly from 53.4 in May. The flash score was 53.4.
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1126 hari yang lalu
Hecla Mining To Acquire All Of Alexco That It Does Not Already Own
Hecla Mining Co. (HL) and Alexco Resource Corp. (AXU, AXU.TO) announced Tuesday a definitive agreement for Hecla to acquire all of the outstanding common shares of Alexco that Hecla does not already own.
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1126 hari yang lalu
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