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AC Immune Advances Anti-pTau Active Immunotherapy For Alzheimer's Disease Into Phase 2b Trial
Swiss biopharmaceutical company AC Immune SA (ACIU) announced Friday that its development partner has programmed the launch of a Phase 2b clinical study to evaluate ACI-35.030 (JNJ-64042056) in patients with preclinical Alzheimer's disease (AD), those individuals not yet showing symptoms.
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Eurozone Private Sector Slowdown Underscores Risk Of Recession
The euro area private sector contracted throughout the second half of the year adding to risk of recession since the third quarter, preliminary results of the purchasing managers' survey showed on Friday. The HCOB flash composite output index unexpectedly fell to 47.0 in December from 47.6 in the previous month, S&P Global said. The reading was seen at 48.0.
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Pound Climbs Against Most Majors
The pound moved up against its most major counterparts in the European session on Friday.
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CPSC Recalls: Vehicles, Air Fryers, Grills, Bunk Beds, Saddles
The U.S. Consumer Product Safety Commission or CPSC has announced recalls including vehicles, air fryers, grills, bunk beds, and saddles, among others, for various reasons. The recall involves Polaris Industries Inc.'s RZR 200 Youth as well as Ranger XP Kinetic recreational off-road vehicles, Kubota Tractor Corp.'s utility vehicles, BRP US' side-by-side vehicles,...
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Sensex Jumps 969 Points; Nifty Tops 21,400 Led By IT Stocks
Indian shares posted strong gains on Friday to extend the previous session's rally as investors priced in more Fed rate cuts next year.
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European Markets Mostly Higher As Commodity Stocks Surge On China Optimism
European markets were mostly higher on Friday despite the more cautious stances from the European Central Bank and the Bank of England.
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FTSE 100 Little Changed; Commodity Stocks Surge On China Data
U.K. stocks were subdued on Friday but were on track for a weekly gain after a slew of interest rate decisions by major central banks.
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CAC 40 Edges Higher As Inflation Eases
French stocks traded higher on Friday after the release of mixed economic data.
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DAX Gains On Rate Cut Optimism
German stocks advanced on Friday after a survey showed manufacturing downturn in the country eased slightly in December.
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China Mixed Data Calls For More Stimulus
China's industrial production and retail sales strengthened notably in November but the low base of comparison made data less reliable to conclude that the recovery is as strong as the figures indicate and adds pressure for more support measures. Industrial production posted an annual growth of 6.6 percent in November following a 4.6 percent rise in October.
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Asian Shares Mostly Higher After Mixed China Data
Asian stocks advanced on Friday after China reported mixed economic data and the country's central bank boosted liquidity injection through medium-term policy loans while keeping the interest rate unchanged.
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GM To Lay Off About 1300 Staff At Michigan Plants
General Motors Co. plans to lay off more than 1,300 employees at two auto plants in Michigan with effect from January 1, according to the company filings with state regulators. The planned job cuts reportedly reflects the end of production of the vehicles produced at these facilities. As per Michigan State's Worker Adjustment and Retraining Notification, the auto major will lay off 945 workers...
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Yen Falls As Asian Stock Markets Traded Higher
The Japanese yen weakened against other major currencies in the Asian session on Friday, as Asian stock markets traded higher, following the dovish comments from the U.S. Fed, signaling a series of interest rate cuts next year, continued to aid sentiment.
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