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Swiss Franc Appreciates On Recession Worries
The Swiss franc climbed against its major rivals in the European session on Tuesday amid risk aversion, as investors fear that aggressive monetary policy tightening by central banks may fuel a global recession.
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931天前
Bank Of England Steps Up Measures To Calm Financial Market
The Bank of England has stepped up measures to calm the bond markets again and the bank repeatedly cautioned about a material risk to the financial stability. In a statement released Tuesday, the BoE said it will widen the scope of daily gilt purchase operations to mitigate the dysfunction in the market. The bank decided to include the index-linked gilts to its daily bond purchases.
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931天前
Toyota Expands Partnership With Google Cloud's AI-Powered Speech Services
Toyota (TM) and Google Cloud announced Tuesday an expanded partnership that brings together Toyota and Lexus next-generation audio multimedia systems and Google Cloud's AI-based speech services. Toyota's next-generation system will no longer require an internet connection for natural-speech functions.
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931天前
Bay Street Likely To Open On Weak Note
The Canadian market is likely to open on a weak note on Tuesday, tracking weak Asian and European markets and sharply lower crude oil prices.
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931天前
Albireo Pharma Posts Positive Topline Results From Phase 3 Study Of Bylvay In Alagille Syndrome
Albireo Pharma, Inc. (ALBO) announced Tuesday positive topline results from the Phase 3 ASSERT study evaluating the safety and efficacy of Bylvay in Alagille syndrome (ALGS) patients from birth to early adulthood.
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931天前
LyondellBasell, 23 Oaks Investments Form JV To Build Plastic Waste Sorting And Recycling Facility
LyondellBasell Industries N.V. (LYB) and Germany's 23 Oaks Investments on Tuesday signed an agreement to create Source One Plastics, a joint venture that will build an energy efficient, advanced plastic waste sorting and recycling facility in Germany.
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931天前
Sensex, Nifty End Sharply Lower After Late Selling
Indian shares tumbled on Tuesday to extend losses for a third straight session, tracking weakness across other global markets.
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931天前
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European Shares Extend Losses For Fifth Day
European stocks fell for a fifth consecutive session on Tuesday as investors fretted about the impact of higher interest rates on corporate profits.
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931天前
FTSE 100 Declines As Miners And Energy Stocks Drag
U.K. stocks tumbled on Tuesday as commodity prices fell on demand worries due to a flare-up in China COVID-19 cases.
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931天前
CAC 40 Slides On Recession Worries
French stocks fell notably on Tuesday as concerns grew that aggressive monetary tightening and geopolitical risks could tip the global economy into a recession.
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931天前
DAX Slips As Uncertainties Mount
German stocks fell on Tuesday to extend recent losses amid heightened geopolitical tensions, hawkish Fed comments and news of fresh lockdowns in China.
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931天前
Asian Shares Extend Losses On Fed, US-China Trade Jitters
Asian stocks ended mostly lower on Tuesday to extend recent losses amid worries about relentless Federal Reserve tightening and the escalation of the conflict in Ukraine following heavy Russian attacks.
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931天前
UK Jobless Rate Falls Unexpectedly
The UK jobless rate eased unexpectedly to the lowest since 1974 and more people dropped out of workforce making it difficult for businesses to find employees to fill vacancies, official data showed Tuesday. The jobless rate fell to 3.5 percent in three months to August from 3.6 percent in three months to July, the Office for National Statistics reported.
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931天前
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