Actualités Forex
FDA Bans 2 Vuse Solo Menthol E-cigarette Products
The U.S. Food and Drug Administration has denied marketing of two Vuse Solo brand menthol e-cigarette products currently marketed by R.J. Reynolds Vapor Co. The agency said the company must not market or distribute these unauthorized products in the U.S. or they risk FDA enforcement action.
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Eurozone Trade Gap Narrows In January
Euro area trade deficit narrowed at the start of the year as the pace of fall in imports exceeded the decline in exports, official data revealed Monday. The deficit on trade in goods decreased to a seasonally adjusted EUR 11.3 billion in January from EUR 13.4 billion in December, Eurostat reported.
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Foot Locker Q4 Profit Down, Warns On FY23; To Close Hong Kong Operations
Foot Locker, Inc. reported Monday sharply lower profit in its fourth quarter with slight drop in net sales, even as comparable sales increased. Further, the specialty athletic retailer announced dividend, and issued fiscal 2023 forecast, well below last year. However, over the long term, the company projects growth. Foot Locker further announced that it is transforming its business model in Asia.
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Japanese Yen Climbs In Cautious Trade
The Japanese yen strengthened against its major counterparts in the European session on Monday, as a takeover of Credit Suisse by UBS and the combined efforts of major central banks to avert a liquidity crisis failed to cheer investors.
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PDD Holdings Q4 Profit Rises 43%
PDD Holdings, Inc. (PDD) reported on Monday that fourth-quarter net income attributable to ordinary shareholders grew 43 percent to RMB9.45 billion or $1.37 billion), from RMB6.62 billion in the prior-year quarter. Earnings per ADS were RMB6.52 or $0.95, up from RMB4.66 a year ago.
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Sensex, Nifty End Off Day's Lows
Indian shares fell sharply on Monday before ending the session off their day's lows.
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European Shares Off Day's Lows
European stocks traded mixed on Monday, after having fallen sharply earlier in the session on concerns over a deepening banking crisis and an impending recession.
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more news
FTSE 100 Slides As Banks And Energy Stocks Drag
U.K. stocks fell on Monday as banks extended last week's declines on concerns over a deepening banking crisis.
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CAC 40 Declines As Banks Drag After Credit Suisse Rescue
French stocks opened lower on Monday amid fears of a deepening banking crisis.
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DAX Tumbles As Bank Worries Persist
German stocks fell sharply on Monday, with banks declining again after Switzerland's largest banking institution - UBS Group - entered into a merger deal with its troubled rival - Credit Suisse.
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Asian Shares Slump After Credit Suisse Buyout
Asian stocks tumbled on Monday amid signs of a deepening crisis in the financial system, lingering fears of a global recession and anxiety ahead of a Federal Reserve meeting this week.
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Indian Rupee Falls To 4-day Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in afternoon deals on Monday, as regional shares fell on concerns about turmoil in the U.S. banking sector and an impending recession.
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Hoyo, SBC Recalls Frozen, Ready-To-Eat Beef Sambusa Product
Bloomington, Minnesota -based Hoyo, SBC is recalling around 1,046 pounds of ready-to-eat beef sambusa products citing possible foreign matter contamination, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. The recalled products may be contaminated with extraneous materials, specifically thin, wire-like metal.
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