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Boeing, Air India Finalize Order For Up To 290 New Boeing Single-aisle Wide-body Jets
Boeing Co. (BA) and Air India announced Tuesday they have finalized an order for up to 290 new Boeing single-aisle wide-body jets and expanded services at the 2023 Paris Air Show to renew and expand Air India's fleet.
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Fed's Pause Hastens Dollar's Slide
The Dollar dropped heavily against major currencies during the week ended June 16 amidst the Federal Reserve skipping a rate hike.
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U.S. Housing Starts Unexpectedly Skyrocket In May
A report released by the Commerce Department on Tuesday showed new residential construction in the U.S. unexpectedly skyrocketed in the month of May.
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BD To Sell Surgical Instrumentation Platform To STERIS For $540 Mln
Medical technology company Becton, Dickinson and Co. or BD (BDX) announced Tuesday that it has signed a definitive agreement to sell its Surgical Instrumentation platform to STERIS plc (STE) for $540 million.
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Bay Street Likely To Open With Negative Bias
The Canadian market is likely to open with a negative bias Tuesday morning, weighed down by weak European markets and subdued commodities.
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Pound Weakens As China Growth Concerns Linger
The pound dropped against its major rivals in the European session on Tuesday, as modest cuts in China's loan prime rates failed to inspire investors.
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Newmont To Defer Full-funds Investment For Yanacocha Sulfides Project In Peru For At Least Two Years
Newmont Corp. (NEM, NGT.TO) announced Tuesday it will defer the full-funds investment decision for the Yanacocha Sulfides project in Peru for at least two years to advance its portfolio optimization strategy designed to maximize returns for shareholders and create long-term value for other stakeholders.
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more news
VF Corp. Appoints Bracken Darrell As President And CEO
VF Corp. (VFC), a leading portfolio of lifestyle brands, announced Tuesday that its Board of Directors has appointed Bracken Darrell as President and CEO, effective July 17, 2023. Darrell will join VF from Logitech International S.A., where he served as President and CEO since 2013.
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Eli Lilly To Acquire DICE Therapeutics For $48/share All-cash Deal
Drug major Eli Lilly and Co. (LLY) and biopharmaceutical company DICE Therapeutics, Inc. (DICE) announced Tuesday a definitive agreement for Lilly to acquire DICE for $48 per share in cash or an aggregate of approximately $2.4 billion.
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Sensex, Nifty End Higher On Late Buying
Indian shares eked out modest gains on Tuesday despite mixed cues from global markets and weakness in rupee.
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China Lowers Loan Prime Rate
In a bid to support the struggling economy, the People's Bank of China lowered its benchmark rate on Tuesday after reducing other major policy rates earlier this month, while most of its global peers are still pursuing the tightening mode to keep a lid on inflation. The central bank cut its one-year loan prime rate, or LPR, to 3.55 percent from 3.65 percent.
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European Shares Decline As China Rate Cut Fails To Inspire
European stocks fell on Tuesday as modest cuts in China's loan prime rates failed to inspire investors.
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FTSE 100 Little Changed As Investors Await Inflation Data, BoE Decision
U.K. stocks were little changed in cautious trade on Tuesday ahead of key inflation data due on Wednesday and the Bank of England's interest-rate decision due on Thursday.
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