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Powell-led Dollar Surge Vanishes Amidst Banking Sector Turmoil
The Dollar's surge in the week spanning March 3-10 triggered by the warnings of higher interest rates by Jerome Powell in his semi-annual monetary policy report to the Congress, drained in the unprecedented turbulence that engulfed the banking sector soon after.
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899 gün önce
Bay Street Likely To Open On Negative Note
Lower U.S. and Canadian futures and falling crude oil prices point to a negative start for Canadian shares on Monday.
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899 gün önce
Aridis Pharma Says Phase 2a Study Of AR-501 In Cystic Fibrosis Meets Endpoints
Aridis Pharmaceuticals, Inc. (ARDS) announced Monday preliminary top-line results from the randomized, double blinded, placebo-controlled Phase 2a study of AR-501, which evaluated the safety and pharmacokinetics of three ascending doses of AR-501 administered as an inhaled aerosol in cystic fibrosis (CF) patients with confirmed Pseudomonas aeruginosa bacterial and other potential infections.
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899 gün önce
Applied Materials Boosts Qtly Dividend 23.1%; Approves Addl. $10 Bln Share Buyback
Applied Materials, Inc. (AMAT) announced Monday that its Board of Directors has approved a 23.1 percent increase in the quarterly cash dividend to $0.32 per share from $0.26 per share, payable on June 15, 2023 to shareholders of record as of May 25, 2023.
RTTNews
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899 gün önce
Cleveland-Cliffs Lifts Minimum Base Price For Hot Rolled Steel To $1,200 Per Net Ton
Steel producer Cleveland-Cliffs Inc. (CLF) announced Monday that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $100 per net ton, effective immediately with all new orders.
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899 gün önce
Euro Retreats Amid Risk Aversion
The euro retreated from early highs against other currencies in the European session on Monday, as European markets fell on concerns over the fallout from the Silicon Valley Bank (SVB) collapse.
RTTNews
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899 gün önce
Sensex Plunges 897 Points Amid Global Selloff; Nifty Nears 17,150
Indian shares fell for a third day running on Monday amid a global sell-off in the wake of the Silicon Valley Bank (SVB) collapse and growing worries about the health of the U.S. financial system.
RTTNews
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899 gün önce
more news
Euro Retreats Against Majors
The euro retreated from early highs against other currencies in the European session on Monday.
RTTNews
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899 gün önce
HSBC Takes Over Collapsed Silicon Valley Bank's UK Unit In £1 Rescue Deal
British banking major HSBC Holdings Plc has acquired collapsed Silicon Valley Bank's UK unit in a 1 pound rescue deal, with immediate effect. The move comes after the California-based Silicon Valley Bank was shut down on last Friday by U.S. regulators following the biggest U.S. bank failure since the 2008 financial crisis. Following the news, HSBC shares were losing around 4 percent.
RTTNews
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899 gün önce
European Shares Slump On SVB Contagion Concerns
European stocks fell sharply on Monday, as banks extended their worst two-day selloff in more than five months on concerns over the fallout from the Silicon Valley Bank (SVB) collapse and ahead of the ECB meeting and key U.S. inflation data due this week.
RTTNews
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899 gün önce
FTSE 100 Extends Declines As Banks Tumble
U.K. stocks tumbled on Monday after HSBC said it acquired the U.K. subsidiary of Silicon Valley Bank for 1 British pound to ensure the continuity of banking services, minimize disruption to the U.K. technology sector and to maintain the confidence in the financial system.
RTTNews
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899 gün önce
CAC 40 Extends Slide After SVB Collapse
French stocks fell on Monday to extend losses from the previous session in the wake of the Silicon Valley Bank (SVB) collapse and growing worries about the health of the U.S. financial system.
RTTNews
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899 gün önce
DAX Extends Declines As Banks Drag
German stocks were moving lower on Monday, as banks extended declines amid concerns around the fallout from the Silicon Valley Bank (SVB) collapse.
RTTNews
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899 gün önce
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