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Passage Bio Says New Interim Data From Imagine-1 Clinical Study Strengthens Safety Profile Of PBGM01
Genetic medicines company Passage Bio, Inc. (PASG) announced on Wednesday new interim safety, biomarker, and clinical development results from cohorts 1-3 in the Imagine-1 clinical study.
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867 days ago
Lennox Int'l Guides FY23 In Line With Estimates
Ahead of its 2022 Investor Day in New York City later on Wednesday, Lennox International Inc. (LII) initiated its 2023 financial guidance and long-term financial targets for 2026.
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867 days ago
Rate Hike Fears Weaken Sentiment At FTSE-100
FTSE 100 of the London Stock Exchange shed more than quarter percent amidst fears over the length and depth of rate hikes by central banks. The Fed's decision is due later in the day whereas the Bank of England would announce its decision on Thursday.
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867 days ago
Fed Fears Drag CAC-40
The CAC-40 tracked a general cautious mood ahead of the Fed's interest rate review later in the day.
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867 days ago
European Stocks Drifting Lower Ahead Of Fed Policy Announcement
European stocks are down in negative territory around noon on Wednesday with investors largely staying cautious ahead of the Federal Reserve's monetary policy announcement, due later in the day.
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867 days ago
DAX Drops As Markets Brace For The Fed's Review
The German stock market benchmark DAX dropped more than half a percent amidst fears over the outcome of the Fed's interest rate review later in the day.
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867 days ago
Eurozone Industrial Production Falls On Weak Demand
Eurozone industrial production declined for the first time in three months in October with almost all sectors contracting as economic uncertainty and higher producer prices took a toll on demand. After rising for two straight months, industrial output dropped 2.0 percent from September, Eurostat, the statistical office of the European Union reported on Wednesday.
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867 days ago
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Sensex, Nifty Close Modestly Higher Ahead Of Fed Policy Announcement
Indian benchmark indices Sensex and the Nifty closed higher on Wednesday, extending gains from the previous session, after data from the U.S. Labor Department showed a smaller than expected increase in consumer prices in the world's largest economy in November.
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867 days ago
Australian Dollar Climbs On Soft U.S. Inflation Data Before Fed Decision
The Australian dollar advanced against its major counterparts in the European session on Tuesday, as softer-than-expected U.S. inflation data bolstered expectations that the Federal Reserve will scale back the size of its interest rate increases at today's monetary policy decision.
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867 days ago
Ford Ramps Up F-150 Lightning Production By Adding A Third Shift
Amid surging demand, Ford Motor Co. is boosting the production of electric F-150 Lightning pickup truck with the addition of a third production shift to its Rouge Electric Vehicle Center in Michigan. The automaker said it is now the No. 2 EV brand in the U.S. year-to-date with the success of Lightning.
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867 days ago
Asian Stocks End Trading On A Positive Note
Euphoria surrounding the lower-than-expected inflation readings in the U.S. helped most of the Asian benchmarks to finish Wednesday's trading on a positive note. However, caution ahead of key central bank decisions on interest rates and China's covid caseloads kept the gains in check.
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867 days ago
New Zealand To Enter Recession In 2023; Budget On Track To Achieve Surplus
The New Zealand economy is likely to enter a recession next year before a slow and gradual recovery in 2024, but the government accounts are on the course to return to surplus by the end of fiscal year 2025, the official estimates revealed on Wednesday.
Despite the worsening economic outlook, tax revenue is projected to be higher than the previous estimate and the budget is expected to move from
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867 days ago
ADB Cuts Developing Asia Growth Outlook Again, Lowers China Forecast On Zero Covid Policy
The Asian Development Bank lowered the economic growth forecast for the developing Asia and the Pacific further citing the global slowdown, but raised the inflation outlook for next year due to persistent inflationary pressures from food and energy. The lender also said the Chinese economy is likely to grow slower than projected earlier due to the 'zero-Covid' approach and a weak property market.
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867 days ago
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