Indian shares are seen opening on a cautious note Tuesday after expectations that global central banks would lower borrowing costs spurred a rotation out of technology heavyweight stocks into more economically sensitive sectors on Wall Street overnight. Investors now await quarterly earnings from artificial intelligence darling NVIDIA this week for more insights into whether the...
German consumer morale is set to weaken in September as the weakening economy, fears of job cuts and rising insolvencies weighed on both income and economic expectations. The forward-looking consumer sentiment index fell to -22.0 from -18.6 in August, the survey published jointly by the market research group GfK and the Nuremberg Institute for Market...
Apple Inc. has scheduled its upcoming launch event, titled Its Glowtime, on September 9. The event at Apple Park, California, US, which will be livestreamed on Apples website, is expected to launch iPhone 16 series and updates to other devices and apps. As per reports, invites have been sent for the in-person event, which is...
Indian shares ended a choppy session little changed on Tuesday, with risk sentiment dented to a degree by heightened geopolitical tensions in the Middle East. The risk of a wider conflict in the Middle East has lessened in the short term but Iran still poses a significant danger as it considers striking Israel, Americas top...
The British pound strengthened against other major currencies in the European session on Tuesday, as European stocks edged up slightly ahead of key U.S. inflation figures and earnings from AI darling Nvidia due later in the week. Declining possibility that the Bank of England (BoE) will lower interest rates in September, also led to the...
Drug giant Pfizer Inc. (PFE) announced Tuesday the introduction of PfizerForAll, a user-friendly digital platform designed to make access to healthcare and managing health and wellness more seamless for people across the U.S. The new, end-to-end experience will support the millions of Americans affected annually by common illnesses like migraine, COVID-19 or flu, and those...
UK shop prices declined for the first time in nearly three years in August as deep discounting to shift summer stocks pushed down non-food prices further, data released by the British Retail Consortium showed on Tuesday. The shop price index declined 0.3 percent year-on-year in August, in contrast to the 0.2 percent increase in July....
Biopharmaceutical company Invivyd, Inc. (IVVD) announced Tuesday positive 180-day clinical efficacy data from the companys ongoing CANOPY Phase 3 clinical trial of pemivibart, a half-life extended investigational monoclonal antibody (mAb), for the pre-exposure prophylaxis (PrEP) of COVID-19. The exploratory clinical efficacy data in Cohort B, a placebo-controlled cohort of all-comer immunocompetent individuals, showed a relative...
JAKARTA - PT Nippon Indosari Corpindo Tbk (ROTI), or popularly known as Sari Roti and Sari Kue, reveals that the construction of its latest production facility in Pekanbaru, Riau, will be completed in the fourth quarter of 2024. It is worth mentioning that the newest factory of ROTI in Pekanbaru is the 15th production facility...
JAKARTA -PT Bank Mandiri (Persero) Tbk (BMRI) is optimistic to see its profit increasing in the second half of 2024, as credit distribution is projected to grow according to the target of 16-18% year-on-year (yoy). The notion was conveyed by Sigit Prastowo, Director of Finance and Strategy of BMRI in Public Expoe Live 2024 via...