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German Ifo Business Sentiment Deteriorates In June
Germany's business sentiment worsened more than expected in June as the war in Ukraine, high inflation and supply chain disruptions triggered fears of recession, survey results from the ifo Institute showed on Friday. After rising for two months, the business confidence index dropped to 92.3 in June from 93.0 in the previous month.
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Amryt Pharma To Submit Formal Dispute Resolution Request For Oleogel-S10 NDA
Biopharmaceutical company Amryt Pharma plc (AMYT) announced Friday that the company plans to submit a Formal Dispute Resolution Request (FDRR) for the company's New Drug Application (NDA) for Oleogel-S10 (Filsuvez), for the treatment of the cutaneous manifestations of Dystrophic and Junctional Epidermolysis Bullosa (EB).
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Emergent BioSolutions Says FDA Accepts AV7909 Anthrax Vaccine Candidate BLA For Review
Emergent BioSolutions Inc. (EBS) announced Friday that the U.S. Food and Drug Administration (FDA) accepted for review the Biologics License Application (BLA) for AV7909 (Anthrax Vaccine Adsorbed, Adjuvanted).
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Sensex, Nifty Climb As Inflation Worries Ebb
Indian shares rose for a second straight session on Friday as traders pared down bets on where interest rates might peak.
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Swiss Franc Climbs On Recession Concerns
The Swiss franc advanced against its major rivals in the European session on Friday, on growing concerns about a recession fuelled by aggressive rate hikes from the Federal Reserve to tame inflation.
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European Shares Climb As Inflation Worries Ebb
European stocks advanced on Friday as near-term worries around inflation eased somewhat amid growing concerns about a recession.
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FTSE 100 Climbs Despite Weak Data
U.K. stocks rose sharply on Friday, with defensive shares surging amid mounting fears around hawkish central banks and rising risks of a recession.
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more news
CAC 40 Rallies As Inflation Worries Ease
French stocks rallied on Friday as investors pared back their inflation expectations.
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DAX Rises As Investors Pare Back Inflation Expectations
German stocks rose on Friday, as near-term worries around inflation eased somewhat amid growing concerns about a recession.
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Asian Shares Gain As Commodities Decline On Growth Worries
Asian stocks found some support on Friday as a continuous decline in commodities from crude oil, to metals to cotton, helped ease fears around runaway inflation.
The U.S. dollar slipped from recent highs, bond yields mostly fell and gold held steady while oil extended recent losses on concerns over a slowdown in fuel demand.
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Euro Little Changed After German Ifo Business Sentiment Index
At 4.00 am ET Friday, Germany ifo business confidence survey results have been released. After the data, the euro changed little against its major counterparts.
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Euro Retreats Ahead Of German Ifo Business Sentiment Index
At 4.00 am ET Friday, Germany ifo business confidence survey results are due. The sentiment index is expected to fall slightly to 92.9 in June from 93.0 in May.
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UK Retail Sales Fall As Britons Reduce Spending On Food
UK retail sales declined in May as high cost of living pulled consumer sentiment to a record low and weighed on households' spending in food stores, data showed on Friday. Retail sales volume dropped 0.5 percent month-on-month in May, reversing a revised 0.4 percent increase in April, the Office for National Statistics said. Economists had forecast sales to drop 0.7 percent.
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