Forex News

Swiss Market Ends Moderately Higher

Swiss Market Ends Moderately Higher

The Switzerland stock market ended moderately higher on Monday after staying firm right through the day's session, thanks to sustained buying at several frontline counters.
RTTNews | 685 days ago
Jackson Hole Fears And Cues Drive The Dollar's Surge

Jackson Hole Fears And Cues Drive The Dollar's Surge

The Jackson Hole Economic Symposium and the anxiety about Federal Reserve Chair Jerome Powell's commentary thereat was the overwhelmingly predominant theme for currency markets during the week spanning August 21 to 25.
RTTNews | 685 days ago
AbbVie Submits Applications For New Indication  To FDA And EMA For Ulcerative Colitis

AbbVie Submits Applications For New Indication To FDA And EMA For Ulcerative Colitis

Biopharmaceutical company AbbVie, Inc. (ABBV) announced Monday that it has submitted applications for a new indication to the U.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA) for risankizumab (SKYRIZI, 1200 mg intravenous [IV] [induction dose] as well as 180 mg and 360 mg subcutaneous [SC] [maintenance dose]) for the treatment of adult patients with moderately to severely active ulcerative colitis.
RTTNews | 685 days ago
New Zealand Govt Trims Spending Plans On Weakening Global Economy, China Slowdown

New Zealand Govt Trims Spending Plans On Weakening Global Economy, China Slowdown

New Zealand government clamped down on spending in order to find permanent savings as a deteriorating Chinese economy and failing tax revenue put pressure on fiscal goals. Finance Minister Grant Robertson said his government plans to save around NZ$4 billion over the forecast period. This money will all be treated as savings and it is not being made available for any other programmes, the ministe
RTTNews | 685 days ago
Euro Advances Amid Risk Appetite

Euro Advances Amid Risk Appetite

The euro was higher against its major counterparts in the European session on Monday amid risk appetite, as China announced new measures to revive its capital markets and boost investor confidence.
RTTNews | 685 days ago
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Eurozone M3 Money Supply Shrinks, Bank Lending Growth Weakens

Eurozone M3 Money Supply Shrinks, Bank Lending Growth Weakens

Eurozone broad money supply posted its first decline in more than a decade, and bank lending grew at a slower pace in July as higher borrowing costs dampen the growth outlook, official data revealed on Monday. The monetary aggregate M3 dropped 0.4 percent from a year ago after rising 0.6 percent in June, the European Central Bank reported. This was the first fall since May 2010, when M3 was down
RTTNews | 685 days ago
Bay Street Likely To Open Flat

Bay Street Likely To Open Flat

Slightly lower index futures and subdued commodity markets point to a flat start for the Canadian market on Monday.
RTTNews | 685 days ago
Danaher To Acquire Abcam In About $5.7 Bln All-cash Deal

Danaher To Acquire Abcam In About $5.7 Bln All-cash Deal

Science and technology innovator Danaher Corp. (DHR) announced Monday that it has entered into a definitive agreement to acquire Cambridge, UK-based Abcam plc (ABCM), a supplier of protein consumables, pursuant to which Danaher will acquire all of the outstanding shares of Abcam for $24.00 per share in cash, or a total enterprise value of approximately $5.7 billion, including assumed indebtedness and net of acquired cash.
RTTNews | 685 days ago
Genelux Appoints Lourie Zak As New CFO

Genelux Appoints Lourie Zak As New CFO

Immuno-oncology company Genelux Corp. (GNLX) announced Monday that Lourie Zak will join the company as Chief Financial Officer, effective August 28, 2023.
RTTNews | 685 days ago

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