Forex News

Pound Moves Down Following U.K. Mini-budget Statement

The pound depreciated against its major counterparts in the European session on Friday, as the new government unveiled tax cuts and huge increases in borrowing in its mini budget that spooked the markets.

RTTNews | 1010 days ago

Florida Power & Light To Refund Nearly $400 Mln To Customers Amid New Federal Tax Law

Florida Power & Light Co. or FPL, a subsidiary of clean energy company NextEra Energy, Inc. (NEE), announced Friday a plan to refund its approximately 5.8 million customers nearly $400 million in savings resulting from the new federal tax law.

RTTNews | 1010 days ago

Ford Breaks Ground At BlueOval City Facility; To Provide About 6,000 Jobs In 2025

Automaker Ford Motor Co. (F) announced Friday it has officially broken ground at BlueOval City, its largest, most advanced auto production complex in the company's 119-year history.

RTTNews | 1010 days ago

Bay Street Seen Opening Notably Lower On Recession Fears

Sharply lower Canadian and U.S. futures, falling commodity prices and a sell-off in Asian and European markets amid mounting fears of a recession, point to a gap down opening for Canadian shares on Friday.

RTTNews | 1010 days ago

Eurozone Private Sector Downturn Deepens In September

The Eurozone economic downturn deepened in September with worsening performances in both manufacturing and services with demand easing sharply as a result of the cost of living crisis, flash survey results from S&P Global showed Friday. The flash composite output index declined to a 20-month low of 48.2 in September from 48.9 in the previous month. The reading came in line with expectations.

RTTNews | 1010 days ago

Bausch Health, Glenmark Specialty Say Health Canada Approves RYALTRIS

Bausch Health Companies Inc. (BHC, BHC.TO) and Glenmark Specialty S.A., a subsidiary of Glenmark Pharmaceuticals Ltd., announced Friday that RYALTRIS (olopatadine hydrochloride and mometasone furoate nasal spray) has been approved by Health Canada for the symptomatic treatment of moderate to severe seasonal allergic rhinitis (SAR) and associated ocular symptoms in adults, adolescents, and children aged 6 years and older.

RTTNews | 1010 days ago

Euro Lower As European Shares Fall, Eurozone Business Activity Contracts Further

The euro weakened against its most major counterparts in the European session on Friday, as European shares dropped and the euro area business activity contracted for a third consecutive month in September.

RTTNews | 1010 days ago

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