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Maruti was the top gainer in the Sensex pack, rising around 6%, followed by Tech Mahindra, Infosys, UltraTech Cement, PowerGrid and NTPC. Equity benchmark Sensex soared 689 points to end at a fresh all-time high on Friday, led by Infosys, TCS and Reliance amid strong buying sentiment in global equities. The 30-share BSE index closed 689.19 points or 1.43% higher […]
Read moreCanadian stocks extended gains on Thursday, driving the country’s benchmark index to an all-time high, buoyed by expectations of further fiscal support after Democrats gained control of the U.S. Senate. The S&P/TSX rose as much as 0.9% to 17,986.03, surpassing the most recent record of 17,944.06 on Feb. 20. The index has climbed four straight days, with marijuana stocks leading […]
Read moreAlnylam Pharmaceuticals, Inc. (ALNY) said Thursday that the HELIOS-A Phase 3 study of vutrisiran, met its primary and both secondary endpoints at nine months in patients with hATTR amyloidosis with polyneuropathy. Vutrisiran is an investigational RNAi therapeutic in development for the treatment of transthyretin-mediated (ATTR) amyloidosis. Alnylam said that based on these positive results, it plans to submit a New […]
Read morePT Bank Rakyat Indonesia, the country’s largest lender by assets, is exploring a plan to raise at least $1 billion through a rights issue, according to people with knowledge of the matter. The state-owned bank is working with advisers on the potential fundraising, which could take place as soon as the first half of this year, said one of the […]
Read moreThe number of employees at U.S. businesses unexpectedly declined in December for the first time since April, underscoring the immediate economic impact of mounting coronavirus cases across the country. Company payrolls decreased by 123,000 during the month, concentrated in leisure and hospitality and retail, according to ADP Research Institute data released Wednesday. The prior month was revised down slightly to […]
Read moreFox Business Flash top headlines for January 5 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Stock futures were mixed Wednesday morning, with the tech-heavy Nasdaq declining nearly 2% as investors positioned themselves for Democratic control of the legislative and executive branches. Continue Reading Below Dow Jones Industrial Average futures rose 102 points, a gain of 0.3%, […]
Read moreA version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)After the elections in November, Wall Street put predictions of a “blue wave” aside. Now, investors are once again reckoning with the possibility that for the next two years, Democrats could control both chambers of […]
Read moreAfghanistan’s inability to confirm a full-time central bank governor for more than a year is adding to economic woes brought on by the pandemic and a surge in Taliban violence. Parliament last month vetoed the appointment of Ajmal Ahmady, who became acting governor in June. Ahmady, who left Afghanistan as a two-year-old in 1980, had completed his MBA in the […]
Read moreThe New York Stock Exchange (NYSE) announced on Monday it would no longer delist Chinese telecom giants China Mobile, China Telecom Corp, and China Unicom Hong Kong. The announcement was a shock reversal of a decision it had made just a week before. "In light of further consultation with relevant regulatory authorities … NYSE Regulation has announced that it no […]
Read moreThe order added to mounting U.S.-Chinese tension over technology, security and spying accusations The New York Stock Exchange has withdrawn plans to remove shares of three Chinese state-owned phone carriers under an order by President Donald Trump that Beijing warned might lead to retaliation. The exchange cited “further consultation” with regulators but its announcement late on January 4 gave no […]
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