Forex News
Boston Scientific To Acquire Silk Road Medical For $27.50/share In Deal Valued At About $1.16 Bln
Medical device company Boston Scientific Corp. (BSX) announced Tuesday it has entered into a definitive agreement to acquire smaller peer Silk Road Medical, Inc. (SILK) for $27.50 per share, reflecting an enterprise value of approximately $1.16 billion.
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140 days ago
Sensex, Nifty End Slightly Higher Amid Budget Optimism
Indian shares closed higher on Tuesday as traders returned to their desks after a long holiday weekend.
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140 days ago
European Shares Edge Higher As German Investor Morale Rises
European stocks eked out modest gains on Tuesday after Eurozone CPI was finalized at 2.6 percent year-on-year in May, up from April's 2.4 percent as widely expected.
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141 days ago
Eurozone Inflation Rises As Estimated
Eurozone inflation accelerated in May, as initially estimated, largely driven by services cost, official data revealed on Tuesday. The harmonized index of consumer prices rose 2.6 percent on a yearly basis, following the 2.4 percent rise in April, Eurostat reported. The rate came in line with the estimate published on May 31 and it has moved away from the ECB's 2 percent target.
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141 days ago
FTSE 100 Edges Higher As Grocery Inflation Declines In June
U.K. stocks traded slightly higher on Tuesday after industry data showed U.K. grocery inflation fell for a sixteenth month in a row in June.
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141 days ago
Apple Stops Pay Later Scheme; Unveils Installment Loan Service
Apple Inc. has announced that it is no longer offering Pay Later, its 'buy now, pay later' financing with 0% interest, while it is introducing new global installment loan offering. The company users, who have an active loan through Apple Pay Later, can continue to pay their loans using the Apple Wallet app.
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141 days ago
CAC 40 Little Changed Ahead Of Inflation Data
French stocks were little changed on Tuesday as investors eyed the release of inflation data for the euro zone later in the day for clues to the ECB's next move.
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141 days ago
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DAX Holds Steady Ahead Of Economic Confidence Data
German stocks held steady on Tuesday ahead of survey results from Germany and final inflation data from the euro area due later in the day.
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141 days ago
Asian Shares Gain After Wall Street Rally
Asian stocks advanced on Tuesday after a rally in several technology shares drove Wall Street to another record high overnight.
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141 days ago
RBA Holds Key Rate At 12-Year High; Vigilant On Inflation
The Reserve Bank of Australia decided to leave its benchmark rate at a 12-year high for a fifth straight meeting and underscored that inflation is slowing more slowly than anticipated, leaving the door open for a possible rate hike. The policy board of the RBA, led by Governor Michele Bullock, retained the cash rate target at 4.35 percent.
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141 days ago
Australian Dollar Recovers Against Majors
The Australian dollar recovered from recent lows against other major currencies in the Asian session on Tuesday.
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141 days ago
European Economic News Preview: German ZEW Economic Confidence Data Due
Economic sentiment survey results from Germany and final inflation from the euro area are the top economic news due on Tuesday. At 3.00 am ET, final inflation figures are due from Austria. The initial estimate showed that the consumer price inflation eased to 3.3 percent in May from 3.5 percent in April.
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141 days ago
European Shares Likely To Open On Steady Note
European stocks are likely to open on a steady note Tuesday after the S&P 500 and Nasdaq scored record closing highs overnight, led by gains in the technology sector on enthusiasm over artificial intelligence.
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141 days ago
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