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Forex News
FDA Oks Provention Bio's Tzield To Delay Onset Of Type 1 Diabetes
The U.S. Food and Drug Administration said it has approved Provention Bio Inc.'s Tzield (teplizumab-mzwv) injection to delay the onset of stage 3 type 1 diabetes in adults and pediatric patients 8 years and older who currently have stage 2 type 1 diabetes. In pre-market activity on Nasdaq, Provention Bio shares were gaining around 9.7 percent to trade at $9.04.
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968 days ago
Sensex, Nifty Decline For Second Day On Fed, China COVID Concerns
Indian shares fell on Friday but pared some losses in the afternoon trade amid optimism over softening crude prices that were not far off a four-week low hit in the previous session.
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968 days ago
New Zealand Dollar Climbs Amid Risk Appetite
The New Zealand dollar advanced against its major opponents in the European session on Friday, as European shares rose, with investors monitoring the Fed policy outlook.
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968 days ago
European Shares Rebound With Focus On Lagarde Speech
European stocks traded higher on Friday after two straight days of declines on concerns about the impact of China's "zero-COVID" strategy and indications that the U.S. Federal Reserve will keep raising rates to fight inflation.
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968 days ago
FTSE 100 Inches Higher As Retail Sales Top Expectations
U.K. stocks rose on Friday, a day after the government announced a new fiscal strategy cantered on tax hikes and spending cuts.
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968 days ago
Starbucks Workers On Strike At US Stores
Starbucks employees at more than 100 stores across the United States went on a one-day strike on the coffee giant's annual Red Cup Day on Thursday. The walkouts were conducted by Starbucks Workers United union workers seeking better pay, more consistent schedules, and higher staffing levels in stores that are busy.
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968 days ago
CAC 40 Gains In Cautious Trade
French stocks rose on Friday despite lingering worries about the impact of China's "zero-COVID" strategy and fresh indications that the U.S. Federal Reserve will keep raising rates to fight inflation.
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968 days ago
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DAX Edges Higher Despite Fed Worries
German stocks rose on Friday, though the upside remained capped by hawkish comments from more U.S. Federal Reserve officials.
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968 days ago
Asian Shares Mixed Amid China COVID Worries
Asian stocks ended mixed on Friday amid worries about the U.S. Federal Reserve's tightening cycle and a flare-up in COVID-19 cases in China despite strict measures to fight new outbreaks.
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969 days ago
UK Retail Sales Recover In October
Despite the rising cost of living, UK retail sales rebounded in October from the previous month when sales were reduced by the additional bank holiday, data from the Office for National Statistics showed Friday. Retail sales volumes advanced 0.6 percent on a monthly basis in October, faster than the expected growth of 0.3 percent.
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969 days ago
European Economics Preview: UK Retail Sales Data Due
Retail sales data from the UK is due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is set to release UK retail sales data for October. Economists forecast sales to grow 0.3 percent on month, in contrast to the 1.4 percent decrease in September.
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969 days ago
European Shares Seen Up In Cautious Trade
European stocks are seen opening higher on Friday, though underlying sentiment may remain somewhat cautious on growing concerns of a recession.
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969 days ago
Sensex, Nifty Give Up Early Gains In Cautious Trade
Indian shares were moving in a narrow range on Friday, as hawkish comments from a top U.S. Federal Reserve official and signs of continued labor market tightness led some investors to worry about more aggressive interest rate hikes in the United States.
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969 days ago
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