Forex News
Pembina Pipeline Says Canada OKs Proposed Acquisition Of Enbridge's Interest In Alliance/Aux Sable
Pembina Pipeline Corp. (PPL.TO, PBA) announced Tuesday that it has received a "no-action letter" from the Canadian Competition Bureau confirming that the Commissioner of Competition does not intend to challenge the proposed acquisition by Pembina of Enbridge's interest in the Alliance, Aux Sable, and NRGreen joint ventures.
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4h 46min ago
Unilever To Separate Ice Cream Unit, To Cut 7,500 Jobs; Stock Up
Shares of Unilever Plc were gaining around 3 percent in the morning trading on London Stock Exchange as well as in pre-market activity on the NYSE after the consumer goods major announced Tuesday its plans to seperate Ice Cream division, and to launch a major productivity programme to drive faster growth and higher margin. The proposed changes would impact around 7,500 predominantly office-based r
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5h 0min ago
Krispy Kreme Unveils All-New Spring Mini Doughnuts
Doughnut chain Krispy Kreme, Inc. (DNUT) announced Tuesday that it is launching all-new Spring Minis Collection of doughnuts. From the first day of spring today through Easter Sunday, the company said it is helping fans "hatch happy" with family and friends.
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5h 28min ago
Sensex, Nifty Tumble Ahead Of Fed Rate Decision
Indian shares ended sharply lower on Tuesday as the dollar remained stubbornly strong and Treasury yields hovered near four-month highs ahead of Wednesday's FOMC rate decision.
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5h 40min ago
European Shares Struggle For Direction In Cautious Trade
European stocks were little changed in cautious trade on Tuesday as investors awaited the Fed and Bank of England policy meetings this week for directional cues.
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6h 44min ago
FTSE 100 Edges Lower In Cautious Trade Ahead Of Inflation Data
U.K. stocks were subdued on Tuesday ahead of updated inflation figures due on Wednesday, PMIs and the Bank of England decision on Thursday and Friday's retail sales report.
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6h 57min ago
CAC 40 Little Changed As Investors Await Fed Policy Decision
French stocks were little changed on Tuesday as investors awaited the Fed and BOE policy meetings due this week for directional cues.
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7h 13min ago
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DAX Marginally Higher Ahead Of Fed, BOE Meetings
German stocks traded slightly higher on Tuesday as investors looked ahead to key Fed and Bank of England policy meetings this week for directional cues.
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7h 19min ago
Asian Shares Decline As Investors Await Fed Meeting Outcome
Asian stocks ended broadly lower on Tuesday as investors awaited key central bank decisions this week for directional cues.
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7h 34min ago
Australia Central Bank Holds Policy Rate At 4.35%
The Reserve Bank of Australia decided to keep its benchmark interest rate unchanged at its March meeting on Tuesday, while the policy board said the economic outlook and the interest rate path are uncertain as inflation remains high, although it is moderating. The policy board of the RBA, led by Governor Michele Bullock, decided to maintain the cash rate target at 4.35 percent.
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8h 8min ago
Australian Dollar Slides After RBA Rate Decision
The Australian dollar weakened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia decided to keep its benchmark interest rate unchanged at its March meeting. Markets speculate that the next move would be an easing of policy.
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8h 19min ago
Yen Slides As BoJ Pause Its Ultra-Loose Monetary Policy
The Japanese yen weakened against other major currencies in the Asian session on Tuesday, after the Bank of Japan decided to end negative rates amid signs that inflation is strengthening.
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9h 12min ago
FDA Approves First Gene Therapy For Kids With Early-onset MLD
The U.S. Food and Drug Administration approved Lenmeldy (atidarsagene autotemcel) gene therapy to treat children with early-onset metachromatic leukodystrophy or MLD. Lenmeldy, formerly known as OTL-200, was developed by Orchard Therapeutics, which was acquired recently by Japan-based Kyowa Kirin Co., Ltd. It is marketed in Europe under the brand name Libmeldy.
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9h 25min ago