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Dollar Rises As Fed Perceived More Hawkish Than Peers

The Dollar gained during the week ended June 21 amidst rising perception that the Fed was more hawkish than other major central banks.

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VCI Global To Invest Up To $30 Mln In TalkingData Group

VCI Global Ltd. (VCIG) on Monday signed an agreement to invest up to $30 million in TalkingData Group Holding Ltd.

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Biogen Says European Commission Grants TOFIDENCE Biosimilar Approval For Multiple Indications

Biogen Inc. (BIIB) announced Monday that the European Commission (EC) has granted approval for TOFIDENCETM, a biosimilar monoclonal antibody referencing ROACTEMRA.

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Bay Street Likely To Open On Positive Note

Canadian shares are likely to open on a positive note Monday morning, tracking higher crude oil and bullion prices, and firm European markets. With data on Canadian inflation due on Tuesday, investors may stay cautious at higher levels.

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German Business Morale Deteriorates On Weak Expectations: Ifo

Germany's business sentiment softened in June due to more pessimistic expectations, highlighting the hardship that the economy faces amid headwinds, survey results from the ifo Institute showed on Monday. The business confidence index fell to a three-month low of 88.6 in June from 89.3 in May. The score was forecast to rise slightly to 89.7.

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Czechoslovak Group Raises Base Purchase Price For Kinetic Group By $40 Mln To $2 Bln

Vista Outdoor Inc. (VSTO) announced Monday that it entered into an amendment to the merger agreement with Czechoslovak Group a.s., whereby Czechoslovak Group raised its offer for the base purchase price payable for the acquisition of The Kinetic Group business by $40 million to $2 billion from $1.96 billion.

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Enbridge, First Nations And Metis Partner To Advance 200 MW Wind Energy Project In Saskatchewan

Enbridge Inc. (ENB, ENB.TO) and Six Nations Energy Development LP (Six Nations) - a newly-created consortium of Cowessess First Nation, George Gordon First Nation, Kahkewistahaw First Nation, Metis Nation-Saskatchewan, Pasqua First Nation and White Bear First Nations - announced Monday plans to advance development of a new wind energy project southeast of Weyburn, Saskatchewan.

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Sensex, Nifty End Choppy Session Modestly Higher

Indian shares fluctuated before finishing modestly higher on Monday as the dollar and yields eased ahead of a busy week on the U.S. economic calendar.

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Apple, Meta Held Talks For Potential AI Partnership: WSJ Reports

Apple Inc. has discussed with Meta Platforms about potentially integrating the Facebook parent's generative AI model into Apple Intelligence, the Wall Street Journal reported citing people familiar with the matter. Apple Intelligence, the tech major's AI system for iPhones and other devices, was introduced at its annual developers conference in early June.

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