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U.S. Bancorp, Mitsubishi UFJ Financial Agree To Extend Purchase Agreement
U.S. Bancorp (USB) and Mitsubishi UFJ Financial Group or MUFG (MTU) on Friday have mutually agreed to exercise their right under the purchase agreement for U.S. Bank's acquisition of MUFG Union Bank's core regional banking franchise to extend the outside termination date to December 31, 2022 from September 30, 2022.
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1026 days ago
Russia Lowers Key Rate By 50 Bps
Russia's central bank lowered its key rate by a half-percentage point on Friday, after delivering sharp reductions since April. The Board of Directors of Bank of Russia decided to reduce the benchmark rate by 50 basis points to 7.50 percent from 8.00 percent.
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1026 days ago
FTSE-100 Hovers Near Flatline
The FTSE-100 benchmark of the London Stock Exchange is currently close to the flatline, unlike much of its European peers that have declined close to 1 percent. Lingering concerns of an economic slowdown rattled market sentiment.
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1026 days ago
Novavax's Nuvaxovid COVID-19 Vaccine Gets Expanded EUA In Taiwan For Use In Adolescents
Biotechnology company Novavax, Inc. (NVAX) announced Friday that the Taiwan Food and Drug Administration (TFDA) has granted expanded emergency use authorization (EUA) for Nuvaxovid (NVX-CoV2373) COVID-19 vaccine for active immunization to prevent coronavirus disease 2019 (COVID-19) caused by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) in adolescents aged 12 through 17.
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1026 days ago
Novavax's Says Nuvaxovid COVID-19 Vaccine Now Available In Israel For Individuals Aged 12 And Older
Biotechnology company Novavax, Inc. (NVAX) announced Friday that the Israel Ministry of Health has granted an import and use permit which provides individuals aged 12 and older access to the Nuvaxovid (NVX-CoV2373) COVID-19 vaccine.
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1026 days ago
Bay Street Likely To See Weak Start
Canadian shares look headed for a negative start on Friday, tracking weak cues from Asian and European markets amid rising fears about a global recession.
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1026 days ago
European Stocks Down Firmly In Negative Territory On Recession Fears
European stocks are down in negative territory a little past noon on Friday amid rising concerns about a recession in the U.S. and several other major economies due to rising interest rates.
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1026 days ago
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Pound Moves Down As Weak Retail Sales Data Fuels Recession Concerns
The pound fell sharply against its major counterparts in the European session on Friday, as U.K. retail sales declined more than expected in August, suggesting that the economy is falling into a recession.
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1026 days ago
Agios Says CHMP Adopts Positive Opinion For PYRUKYND To Treat Pyruvate Kinase Deficiency In Adults
Agios Pharmaceuticals, Inc. (AGIO) announced Friday that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) adopted a positive opinion on September 15, 2022, recommending the granting of a marketing authorization for PYRUKYND (mitapivat) for the treatment of pyruvate kinase (PK) deficiency in adult patients.
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1026 days ago
CAC-40 Drops As Sentiment Worsens Globally
CAC-40 is trading more than a percent lower than the levels on Thursday as sentiment dampened amidst fears of a recession. Fears of high inflation forcing central banks to tighten up the fight against inflation worsened, amidst the Euro Area Inflation for the month of August being confirmed at 9.1 percent.
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1026 days ago
NextMart To Further Lower Authorized Common Stock To 250 Mln Shares Of Common Stock
NextMart, Inc. (NXMR) announced Friday that the Company plans on lowering its authorized Common Stock down to 250,000,000 shares of Common Stock in a two-step corporate action process.
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1026 days ago
Sensex, Nifty End Sharply Lower As Stocks Plunge On Recession Fears
After a weak start Friday morning, Indian shares kept sliding lower and lower as the session progressed as selling intensified at several counters from across various sectors amid mounting fears over a possible recession in the U.S. due to rising interest rates.
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1026 days ago
Gilead Sciences Says CHMP Adopts Positive Opinion To Extend Indication Of Veklury
Gilead Sciences, Inc. (GILD) announced Friday that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) adopted a positive opinion to extend the indication of Veklury (remdesivir) for the treatment of pediatric patients (weighing at least 40 kg) who do not require supplemental oxygen and are at increased risk of progressing to severe COVID-19 as well as pediatric patients (4 weeks of age and older and weighing at least 3 kg) with SARS-CoV-2 with pneumonia who require supplemental oxygen (low- or high-flow oxygen or other non-invasive ventilation at the start of treatment).
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1026 days ago
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