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Neptune Wellness Q4 Loss Narrows
(RTTNews) - Neptune Wellness Solutions Inc. (NEPT, NEPT.TO) announced Friday that net loss for the fourth quarter narrowed to $36.2 million from $43.5 million in the prior-year quarter.
Revenue for the quarter soared 147 percent to $11.5 million from $4.7 million in the same quarter last year.
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Neptune Wellness Appoints Raymond Silcock As New CFO
Health and wellness company Neptune Wellness Solutions Inc. (NEPT, NEPT.TO) announced Tuesday the appointment of Raymond Silcock as Chief Financial Officer, effective July 25, 2022.
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1043 days ago
IMF Warns Of Tariff War Impact As Global Growth Projections Slashed
The International Monetary Fund slashed the global growth forecasts for this year and next on Tuesday, citing the potential impact of the trade tariffs imposed by U.S. President Donald Trump and cautioned against significant adverse effect on the world economy if the current trade tensions persist.
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58 minutes ago
Canadian Dollar Climbs Amid Risk Appetite
The Canadian dollar advanced against its major counterparts in the New York session on Tuesday, as investor sentiment improved after Treasury Secretary Scott Bessent said that the trade war between the US and China may de-escalate.
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1h 29min ago
Swiss Market Ends Marginally Down
The Switzerland market ended marginally down on Tuesday after languishing in negative territory right through the day's trading session.
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3h 20min ago
European Stocks Close Higher Despite Trade Jitters
The major European markets closed higher on Tuesday, recovering well from early losses, as investors picked up stocks despite lingering concerns about U.S. trade policy and President Donald Trump's criticism of Federal Reserve Chair Jerome Powell.
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3h 38min ago
Canadian Market Up Sharply On Broad-based Buying Despite Trade Concerns
The Canadian market is up firmly in positive territory a little past noon on Tuesday as investors pick up stocks despite lingering concerns about the trade war, and the stand-off between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell.
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4h 33min ago
Eurozone Consumer Confidence Weakens More Than Expected
Euro area consumer sentiment eroded for a second month in a row in April to its lowest level in one-and-a-half years, survey data from the European Commission showed on Tuesday.
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5h 0min ago
Roche To Invest $50 Bln In U.S; To Create 12,000 Jobs
Amid the ongoing tariff issues, Swiss drug major Roche Holding AG announced its plan to invest $50 billion in the United States in the next five years, aiming to expand its Pharmaceutical and Diagnostics Divisions. With all new and expanded manufacturing capacity, Roche aims to export more medicines from the US than it imports.
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8h 42min ago
