Forex News
Pound Advances As Investors Await US Inflation Data
The pound was higher against its major counterparts in the New York session on Monday, as investors awaited key economic data due later this week for more clues on the Fed's interest rate cut trajectory for this year.
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188 days ago
Swiss Market Ends Marginally Up After Lackluster Session
Swiss stocks ended slightly up on Monday after a lackluster session as investors refrained from making significant moves amid a lack of triggers.
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188 days ago
European Stocks Fail To Hold Early Gains, Close Broadly Lower
European stocks failed to hold early gains and closed lower on Monday as investors largely stayed cautious ahead of key U.S. inflation data, and other economic reports from the U.S. and Europe.
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188 days ago
Rate Cut Outlook Drove Dollar's Moves Last Week
Monetary policy expectations from the Federal Reserve predominantly drove the Dollar's movements during the week spanning May 6 to May 10.
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189 days ago
TELUS To Invest $17 Bln To Enhance Network In British Columbia Over Next Five Years
Telecom company TELUS Corp. (TU) announced Monday it will invest $17 billion to significantly expand and improve its network infrastructure and operations across British Columbia over the next five years.
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189 days ago
Cummins And Isuzu Motors Launch New 6.7-Liter Engine For Japan, Southeast Asia And Other Markets
Cummins Inc. (CMI) and truck manufacturer Isuzu Motors Ltd. announced Monday the launch of a new 6.7-liter engine jointly developed by the two companies, designed for use in Isuzu's new medium-duty truck lineup.
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189 days ago
Axalta Coating To Acquire CoverFlexx Group For $285 Mln Plus Potential $10 Mln Earnout
Coatings company Axalta Coating Systems (AXTA) announced Monday that it has entered into a definitive agreement to acquire The CoverFlexx Group from Transtar Holding Co. for initial cash consideration of $285 million, plus an additional $10 million earnout based on the business' 2024 performance.
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189 days ago
more news
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note Monday morning, with investors tracking earnings updates and commodity markets for direction. The mood is likely to remain cautious ahead of U.S. inflation data and Fed Chair Jerome Powell's speech, due later in the week.
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189 days ago
Merus Says FDA Grants Breakthrough Therapy Designation For Petosemtamab To Treat Head & Neck Cancer
Oncology company Merus N.V. (MRUS) announced Monday that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation (BTD) for petosemtamab for the treatment of patients with recurrent or metastatic head and neck squamous cell carcinoma (HNSCC) whose disease has progressed following treatment with platinum based chemotherapy and an anti-programmed cell death receptor-1 (PD-1) or anti-programmed death ligand 1 (PD-L1) antibody.
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189 days ago
V2X Appoints Jeremy Wensinger To Succeed Chuck Prow As President And CEO
V2X, Inc. (VVX), a leading provider of global mission solutions, announced Monday that Jeremy Wensinger has been appointed President, Chief Executive Officer and a member of the company's Board of Directors, effective as of June 17, 2024. Wensinger is succeeding Chuck Prow.
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189 days ago
Permira To Take Squarespace Private In $6.9 Bln All-cash Deal
Design-driven platform Squarespace, Inc. (SQSP) announced Monday that it has entered into a definitive agreement to go private by private equity firm Permira in an all-cash transaction valued at approximately $6.9 billion.
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189 days ago
Sensex, Nifty End Modestly Higher After Volatility
Indian shares ended modestly higher on Monday, after having fallen deep into the red earlier in the session due to uncertainty surrounding the general election results.
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189 days ago
European Shares Struggle For Direction In Lackluster Trade
European stocks struggled for direction on Monday after recent string of gains.
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189 days ago
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