Indian shares opened a tad lower on Monday as French elections pointed to a hung parliament and investors looked ahead to the release of the U.S. inflation print for June as well as Federal Reserve Chair Jerome Powell\'s testimony this week for additional clues on the Fed\'s rate trajectory. The benchmark S&P/BSE Sensex dropped 180...
Foreign trade from Germany and investor confidence from the euro area are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany\'s foreign trade data for May. The trade surplus is expected to fall to EUR 20.3 billion from EUR 22.1 billion in April. In the meantime, industrial...
European stocks are seen opening a tad higher on Monday as investors weigh hopes of U.S. policy easing against French political uncertainty. A leftist coalition in France has emerged as the surprising victor after the second and decisive round of voting in legislative elections, delivering a blow to the far-right that was set to win...
Regeneron Pharmaceuticals, Inc. (REGN) said Monday it currently expects that its financial results for the second quarter 2024 will include an acquired in-process research and development charge of approximately $24 million on a pre-tax basis. This charge relates to up-front payments, as well as a premium on equity securities purchased, in connection with collaboration and...
KORE Group Holdings, Inc. (KORE) announced Monday that Bruce Gordon has joined as Executive Vice President and Chief Operating Officer (COO), effective July 2, 2024. In his new roles, Gordon will focus on enhancing operational efficiencies, fostering innovation and driving sustainable growth. His leadership will help optimize KORE\'s internal processes, leverage human talent and maximize...
Agricultural products company American Vanguard Corp. (AVD) announced Monday that its Chairman and Chief Executive Officer Eric Wintemute, has presented to the board his plan to retire from his position as CEO. The terms of his retirement are set forth in a Transition Agreement under which Wintemute will participate in the search for his successor...
Canadian shares are likely to open with a negative bias Monday morning as weak crude oil and metal prices may weigh on energy and materials sectors. The mood is likely to remain cautious with investors awaiting Fed Chair Jerome Powell\'s testimony this week for additional clues on the U.S. central bank\'s policy path. The Canadian...
Boeing Co. has agreed with the Department of Justice to plead guilty to a criminal fraud charge in connection with two 737 Max crashes in Indonesia and Ethiopia that killed 346 people in total. With the agreement, the company will be able to avoid a criminal trial over the crashes, which so far have caused...
Biopharmaceutical company Outlook Therapeutics, Inc. (OTLK) announced Monday that the United Kingdom (UK) Medicines and Healthcare products Regulatory Agency (MHRA) has granted marketing authorization for LYTENAVA (bevacizumab gamma). LYTENAVA is the first and only authorized ophthalmic formulation of bevacizumab for use in treating wet AMD in the EU and UK. This approval comes after Outlook...
The manufacturing sector in China continued to expand in June, and at a faster pace, the latest survey from Caixin revealed on Monday with a manufacturing PMI score of 51.8. That\'s up from 51.7 in May, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction. Manufacturing output expanded at...