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Forex News
U.S. Weekly Jobless Claims Unexpectedly Decrease
The Labor Department released a report on Thursday showing an unexpected pullback by first-time claims for U.S. unemployment benefits in the week ended June 24th.
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740 days ago
UK Mortgage Approvals Climb Despite Rising Interest Rates
British mortgage approvals increased more than expected in May despite the rising interest rates, but households started to reduce their reliance on credit and withdrew more money from their savings. The number of mortgages approved in May, an indicator of future borrowing, increased to 50,500 from 49,000 in April, the Bank of England said Thursday.
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740 days ago
Endo International Says Health Canada Approves XCOPRI To Treat Epilepsy
Specialty pharmaceutical company Endo International plc (ENDPQ.PK) announced Thursday that its operating company Paladin Labs, Inc. (PLB.TO) has received Health Canada's approval of XCOPRI (cenobamate tablets) for adjunctive therapy in the management of partial-onset seizures in adults with epilepsy who are not satisfactorily controlled with conventional therapy.
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740 days ago
Bay Street Seen Opening On Mixed Note
Canadian shares likely to open on a mixed note on Thursday, as investors are likely to make cautious moves, tracking a mixed trend in commodities markets, and on concerns about further policy tightening by several central banks.
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740 days ago
Carriage Services Initiates Process To Explore Potential Strategic Alternatives
Funeral and cemetery services firm Carriage Services, Inc. (CSV) announced Thursday that its Board of Directors has initiated a process to explore potential strategic alternatives, possibly including a sale, merger or other potential strategic or financial transaction, to maximize shareholder value.
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740 days ago
Canadian Dollar Weakens On Interest Rate Concerns
The Canadian dollar dropped against its major counterparts in the European session on Thursday, as hawkish comments from major central bankers raised concerns about the interest rate outlook and the likelihood of a recession.
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740 days ago
Eli Lilly To Acquire Sigilon Therapeutics
Eli Lilly and Co. (LLY) and Sigilon Therapeutics, Inc. (SGTX) announced Thursday a definitive agreement for Lilly to acquire Sigilon for up to $126.56 per share in cash or an aggregate of up to approximately $309.6 million.
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740 days ago
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European Shares Mixed Amid Rate, China Growth Worries
European stocks traded mixed on Thursday following hawkish comments from global central bank chiefs and amid continued uncertainty over slowing economic rebound in China.
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740 days ago
FTSE 100 Slips Into Red On Interest Rate Worries
U.K. stocks slipped into the red on Thursday, a day after global central bank chiefs reaffirmed that further interest rate hikes will likely be needed to tame stubbornly high inflation.
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740 days ago
CAC 40 Modestly Higher In Cautious Trade; Renault Soars 7%
French stocks were seeing modest gains on Thursday, as investors digested hawkish comments from global central bankers and awaited Chinese PMI data for directional cues.
The benchmark CAC 40 was up 27 points, or 0.4 percent, at 7,313 after rallying 1 percent on Wednesday.
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740 days ago
DAX Marginally Higher In Lackluster Trade
German stocks were little changed on Thursday after global central bankers reaffirmed their resolve to fight inflation, warning rates may need to rise further.
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740 days ago
Asian Shares Mixed As China Worries Linger
Asian stocks ended mixed in thin trade on Thursday, with markets in India, Singapore, Indonesia and Malaysia closed for holidays.
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740 days ago
Japan Retail Sales Growth Accelerates; Consumer Confidence Strengthens
Despite high inflation, Japan's retail sales grew at a faster pace in May suggesting strong contribution by private consumption to economic growth, official data revealed Thursday. Elsewhere, a monthly survey published by the Cabinet Office showed that consumer confidence improved to an 18-month high in June as households were more positive about income growth and employment.
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740 days ago
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