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UK Manufacturing Sector Returns To Growth

UK Manufacturing Sector Returns To Growth

The UK manufacturing sector returned to growth in May as production grew the most in more than two years on improved order intakes, final survey data released by S&P Global revealed on Monday. The manufacturing Purchasing Managers' Index advanced to 51.2 in May from 49.1 in April. This was the highest reading since July 2022 but a tick below the initial estimate of 51.3.
RTTNews | 158 days ago
Liquidia Says Court Denies United Therapeutics' Motion For Injunction To Block Launch Of YUTREPIA

Liquidia Says Court Denies United Therapeutics' Motion For Injunction To Block Launch Of YUTREPIA

Liquidia Corp. (LQDA) announced Monday that Judge Andrews of the U.S. District Court for the District of Delaware (District Court) denied the motion for preliminary injunction filed by United Therapeutics (UTHR) on Friday that sought to block the launch of Liquidia's YUTREPIA (treprostinil) inhalation powder to treat pulmonary hypertension associated with interstitial lung disease (PH-ILD).
RTTNews | 158 days ago
Eurozone Manufacturing Activity Posts Slower Contraction

Eurozone Manufacturing Activity Posts Slower Contraction

Downturn in the euro area manufacturing activity softened in May as production moved closer to stabilization and orders fell at a slower pace amid the rising business sentiment, final HCOB survey results from S&P Global showed on Monday. The manufacturing Purchasing Managers' Index rose to 47.3 in May from 45.7 in April. The flash estimate was 47.4.
RTTNews | 158 days ago
Bay Street Likely To Open Slightly Higher

Bay Street Likely To Open Slightly Higher

The Canadian market may open with a positive bias Monday morning, but the upside is likely to be limited as investors await the Bank of Canada's interest rate decision this week.
RTTNews | 158 days ago
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FTSE 100 Modestly Higher As Factories Return To Growth

FTSE 100 Modestly Higher As Factories Return To Growth

U.K. stocks eked out modest gains on Monday after a survey by S&P Global showed manufacturing in the U.K. increased to 51.2 in May, up from April's 49.1 and marking the highest reading since July 2022.
RTTNews | 158 days ago
DAX Climbs After PMI Data

DAX Climbs After PMI Data

German stocks advanced on Monday after a survey showed business conditions in the German manufacturing sector steadied further in May.
RTTNews | 158 days ago

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