Stocks and bonds of poorer nations have sunk this year amid Federal Reserve tightening and runaway consumer prices, and may sell off even more if the global economy stalls
Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in US interest rates would weaken fuel demand
As part of the acquisition strategy, upGrad Rekrut, a 100 per cent subsidiary of upGrad, has acquired Wolves India, a recruitment and staffing firm, for an undisclosed amount
Target prices post brokerage upgrades point to more upsides
Benefits like low correlation, currency hedge, and access to unique businesses remain intact
Consumer sentiment index falls 9.4% to 59.1 in May. Import prices unchanged in April; up 12.0% year-on-year
Leading drug firms Aurobindo Pharma, Sun Pharma and Jubilant are recalling different products in the US market for various reasons
Of the 49 companies in the S&P 500 that have reported quarterly earnings as of Tuesday, nearly 80% have topped profit estimates, per Refinitiv data
(Reuters) - Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S. Treasury yields as investors await the first pandemic-era U.S. Federal Reserve interest rate hike.
Drug maker Lupin on Tuesday said it has launched Sevelamer Hydrochloride tablets (800 mg), used to treat hyperphosphatemia in patients with chronic kidney disease, in the US market
Crude oil eyed seven-year highs and the dollar eased. On Wall Street, the Dow Jones Industrial Average rose 0.63% and the S&P 500 gained 0.94%.
Since taking over a decade ago, the 63-year-old CEO has transformed Morgan Stanley from a Wall Street firm focused on a money-losing trading businesses into a more balanced bank
The U.S. recently added two new weapons to its small arsenal against the coronavirus: pills that patients can take at home to treat COVID-19. The drugs from Pfizer and Merck join a handful of other therapies that have been shown to blunt the worst effects of the virus. But each treatment has different advantages and tends to work best for certain types of patients at different stages of the disease. Here's a look at the current COVID-19 drugs and how they are used: PILLS The prescription pills are the first COVID-19 therapies that don't require infusions or injections delivered by health professionals. The Food and Drug Administration authorized Pfizer's Paxlovid on Wednesday and Merck's molnupiravir on Thursday. Merck's drug is for adults with a positive COVID-19 test, early symptoms and who face the highest risks of hospitalization. Pfizer's is for anyone 12 and older who likewise face the highest risks of hospitalization. Pfizer's drug is likely to become the first-choice tre
Honda Motorcycle & Scooter India (HMSI) on Tuesday said Honda de Mxico has initiated exports of NAVi bike to the US market. HMSI had commenced export of NAVI CKD kits to Mexico in July 2021 and has so far dispatched over 5,000 kits to the country. "The NAVi deliveries to the US market via Honda Mexico has further strengthened our export portfolio in advanced markets, the new expansion has given us an opportunity yet again to set new standards of global manufacturing quality in India," HMSI Managing Director, President and CEO Atsushi Ogata said in a statement. Honda NAVi is a crossover, which combines the advantages of a scooter with the characteristics of a motorcycle. The product that originated from India is garnering a cult following with great success in overseas markets. HMSI started NAVi exports in 2016. Since then, the company has dispatched over 1.8 lakh to 22 diverse export markets led by Asia, Middle East and Latin America.
Drug major Cipla on Sunday said it has received approval from the US health regulator to market the Lanreotide injection, used for the treatment of acromegaly and gastroenteropancreatic neuroendocrine tumors, in the American market.
The idea that a bank's lending function must be separate from its monetary function is gaining traction in the US
Even with growth tipped to surpass 6% this year and a "taper" in sight for the Fed's bond-buying programme at the end of this year, 10-year yields are still stuck at just above 1.3%
Retail sales unexpectedly rise in August; Tesla falls as Ark dumps shares
Employment in leisure and hospitality was flat in August
Gross domestic product increased at a 6.6% annualized rate, the Commerce Department said on Thursday in its second estimate of GDP growth for the April-June quarter