Young chemist working with chemical substances during scientific experiment in laboratory. skynesher | E+ | Getty Images Company: CytoDyn Inc. (CYDY) Business: CytoDyn is a late-stage biotechnology company. The company focuses on developing treatments for multiple therapeutic indications based...
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Chinese private educational company New Oriental logo seen in Shanghai. SOPA Images | LightRocket | Getty Images Caixin, a major Chinese financial news site, reported Friday that new Chinese government restrictions on the education sector were starting to be...
NEW YORK: A wild week in Treasuries has investors parsing the cross-currents that may sway prices for US government bonds in coming weeks, including the Federal Reserve, economic data and investor positioning. The yield on the benchmark 10-year US...
NEW YORK: Oil prices edged higher on Friday and for the week after a strong recovery from Monday’s steep slide, underpinned by expectations that supply will remain tight through the year. The price of oil and other riskier assets...
Gold fell and was heading for a weekly dip on Friday as a stronger dollar, firmer yields and equity markets chipped away at its appeal. Spot gold fell 0.3% to $1,800.72 per ounce by 1:43 pm EDT (1743 GMT)....
Traders at the New York Stock Exchange, July 20, 2021. Source: NYSE Here comes one of the biggest market weeks of the summer. First, the Federal Reserve meets Tuesday and Wednesday. While no action is expected, there could be...
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equities rose Friday with the the major averages hitting new records as they overcame concerns about economic growth from...
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equities rose Friday with the S&P 500 hitting a new record, as all of the major averages overcame concerns...
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equities rose Friday with the S&P 500 hitting a new record, as all of the major averages overcame concerns...
Virgin Galactic CEO George Whitesides CNBC | Michael Sheetz George Whitesides, the former CEO of Virgin Galactic, will fly on the company’s next spaceflight test, CNBC has learned. Sir Richard Branson made the announcement at a party on July...
A employee sprinkles cheese on a burrito at a Chipotle Mexican Grill restaurant in Hollywood, California. Patrick T. Fallon | Bloomberg | Getty Images Consumer brands from Chipotle Mexican Grill to Whirlpool are dealing with inflation by passing higher...
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equities rose Friday with the S&P 500 hitting a new record, as all of the major averages overcome concerns...
California will strengthen the security of the debit cards it uses to issue unemployment insurance and other benefits following a wave of fraud, according to an announcement from the state’s Employment Development Department. The state agency plans to work...
S3 Studio | Getty Images Check out the companies making headlines in midday trading. Snap — Shares ofSnap soared roughly 24% after better-than-expected second-quarter earnings results. The social media company reported stronggrowth of users, engagement and ads. Twitter —...
Nicolas Economou/NurPhoto via Getty Images More than 1 in 10 Americans invested in cryptocurrency over the past year, according to a survey published by the University of Chicago, a sign of the popularity of digital currencies like bitcoin and...
Gold was trading 0.48% down at $1,796.35 Gold was down on Friday morning in Asia, recovering from the more than one-week low hit during the previous session. Retreating U.S. bond yields and weaker-than-expected U.S. economic data also helped to...
Twitter (NYSE:TWTR) is trading up 0.04% at 69.57 Twitter (NYSE:TWTR)stock jumped 5% in Friday’s premarket trading as it swung to profit in the second quarter, with revenue topping $1 billion. The company also gave a bullish outlook, saying expect...
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equities rose Friday with the S&P 500 hitting a new record, as all of the major averages overcome concerns...
The Reserve Bank of India devolved the new benchmark paper in the second weekly sale as investors demanded higher yield. Primary dealers or bond houses took Rs 11,144 crore worth of such securities on their books as those could...
Chinese private educational company New Oriental logo seen in Shanghai. SOPA Images | LightRocket | Getty Images BEIJING — Two U.S.-listed Chinese education stocks plunged Friday after reports of a government crackdown on the sector that included bans on...
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equities rose Friday, as the major averages tried to post their fourth straight day of gains, overcoming concerns about...
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equities rose Friday, as the major averages tried to post their fourth straight day of gains, overcoming concerns about...
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equities rose Friday, as the major averages tried to post their fourth straight day of gains, overcoming concerns about...
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equities rose Friday, as the major averages tried to post their fourth straight day of gains, overcoming concerns about...
Anthony Scaramucci, founder and co-managing partner of SkyBridge, told CNBC on Friday he’s mandated Covid shots at the office of his hedge fund. He also called on all eligible Americans to go out and get vaccinated. “We’re a private...
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images Stock futures rose Friday, as the major averages tried to post their fourth straight day of gains, overcoming concerns about...
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images Stock futures rose Friday, as the major averages tried to post their fourth straight day of gains, overcoming concerns about...
New Delhi: Gold in the national capital on Friday rose Rs 256 to Rs 46,698 per 10 gram amid supportive global trends, according to HDFC Securities. The precious metal had in the previous trade closed at Rs 46,442 per...
Pedestrians walk past Skechers shoes displayed outside of a store in San Francisco, California. Getty Images Check out the companies making headlines before the bell Friday: American Express – American Express gained 3.3% after reporting quarterly earnings of $2.80...
Chinese private educational company New Oriental logo seen in Shanghai. SOPA Images | LightRocket | Getty Images BEIJING — Two U.S.-listed Chinese education stocks plunged more than 40% in pre-market trading Friday after reports of a government crackdown on...
1.INTEL : Intel stock was down 1.7% in Friday’s premarket trading following a disappointing forecast for the ongoing financial year that hinted at ongoing loss of market share in providing data centers with silicon chips. and chief executive Pat Gelsinger’s...
European stock markets are expected to open higher Friday, ending a volatile week on a positive note, helped by a supportive tone from the European Central Bank. At 2:10 AM ET (0610 GMT), the DAX Futurescontract in Germany traded...
A Specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. Brendan McDermid | Reuters Stock futures rose Friday, as the major averages tried to...
By Steve Matthews and Sarina Yoo The Federal Reserve will start scaling back asset purchases next year with an emphasis on mortgage-backed securities, according to economists surveyed by Bloomberg, who see the central bank raising interest rates at a...
A Specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. Brendan McDermid | Reuters Stock futures rose Friday, as the major averages tried to...
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Gold Down, Retreating U.S. Bond Yields Counter Strengthening Dollar
Gold was trading 0.48% down at $1,796.35 Gold was down on Friday morning in Asia, recovering from the more than ...
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Gold Down, Near One-Week Low Over Strengthening Dollar, Increasing Risk Appetite
Gold was trading 0.36% down at $1,796.10 Gold was down on Wednesday morning in Asia. The dollar strengthened and fears ...
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Gold Down as Investors Regain Risk Appetite
Gold was trading 0.54% down at $1,801.10 Gold was down on Wednesday morning in Asia. The dollar strengthened and fears ...
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Gold Up, Boosted by Ongoing COVID-19 Worries
Gold was trading 0.40% up at $1,816.10 Gold was up on Tuesday morning in Asia as concerns over the recent ...
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Gold Down, But Inflation, COVID-19 Concerns Cap Losses
Gold was trading 0.98% down at $1797.10 Gold was down on Monday morning in Asia. However, lower U.S. Treasury yields ...
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Oil Up, But Heads Towards Big Weekly Decline Over COVID-19, OPEC+ Deal Uncertainty
Brent Oil was trading 0.11% up at $73.55 Oil was up Friday morning in Asia, but was headed towards the ...
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Nigerian senate approves finalised petroleum overhaul bill
Crude Oil WTI was trading 1.03% down at $72.38 Nigeria's senate approved a reconciled version of a bill on Thursday ...
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Gold Down, Investors Continue Digesting Latest Fed Meeting Minutes
Gold was trading 0.77% up at $1,815.50 Gold was down on Thursday morning in Asia as investors continued to digest ...
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Gold Up Over Softer Dollar, Investors Await Latest Fed Meeting Minutes
Gold was trading 0.85% up at $1,809.50 Gold was up on Wednesday morning in Asia after hitting a three-week high ...
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Gold Up as Dollar Weakens, Investors Await Fed Minutes
Gold was trading 1.51% down at $1,810.50 Gold was up on Tuesday morning in Asia and was close to ...
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Oil edges up in weekly rebound on forecasts for tight supplies
NEW YORK: Oil prices edged higher on Friday and for the week after a strong recovery from Monday's steep slide, ...
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Gold dips as yields perk up, dollar strengthens
Gold fell and was heading for a weekly dip on Friday as a stronger dollar, firmer yields and equity markets ...
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Gold climbs by Rs 256; silver jumps to Rs 66,111
New Delhi: Gold in the national capital on Friday rose Rs 256 to Rs 46,698 per 10 gram amid supportive ...
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Coriander futures rise on demand
NEW DELHI: Coriander prices on Friday rose Rs 64 to Rs 6,932 per quintal in futures trade as speculators widened ...
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Copper heads for weekly gain on risk sentiment and stable dollar
Copper advanced on Friday as improved risk sentiment and a stable dollar lifted metals prices that also gained support from ...
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Gold rate: Yellow metal marginally lower, silver flat
NEW DELHI: Gold edged lower on Friday as investors fancied riskier assets and a stronger dollar made the bullion more ...
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Gold steady as lower bond yields negate pressure from firm dollar
Gold prices steadied on Friday after hitting a more than one-week low in the previous session, as a retreat in ...
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Oil slips but heads for steady week on supply tightness
MELBOURNE: Oil prices trimmed overnight gains on Friday but were poised to end the week largely steady after rebounding from ...
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Gold slips by Rs 264; silver gains marginally
New Delhi: Gold in the national capital on Thursday dipped Rs 264 to Rs 46,452 per 10 gram with decline ...
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Gold rate: Yellow metal slips, silver a tad lower
NEW DELHI: Gold prices slipped on Thursday as the risk appetite of the investors improved. They looked to bet on ...
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Five metrics bond investors are watching as Covid fears return
NEW YORK: A wild week in Treasuries has investors parsing the cross-currents that may sway prices for US government bonds ...
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RBI devolves benchmark paper as investors demand high yield
The Reserve Bank of India devolved the new benchmark paper in the second weekly sale as investors demanded higher yield ...
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Fed seen speeding taper of MBS in early-2022 start to pullback
By Steve Matthews and Sarina YooThe Federal Reserve will start scaling back asset purchases next year with an emphasis on ...
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AEML raises $300 mn by issuing sustainability bonds
Mumbai: Adani Electricity Mumbai Ltd (AEML) on Friday said it has raised $300 million (around Rs 2,232 crore) by issuing ...
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One of the world’s biggest investors reducing bond holdings
Singaporean sovereign wealth fund GIC Pte. is planning to cut its holdings of bonds as it prepares for a long-term ...
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Short term rates dip in July, benefitting companies
MUMBAI: Rates on short-duration loans have declined up to 17 basis points in July, reducing working capital expenses for Indian ...
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Growth picture more important than inflation right now: RBI Dy Guv Patra tells economists
NEW DELHI: Reserve Bank of India Deputy Governor Michael Patra met economists earlier this week and said that concerns over ...
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Growth more crucial than inflation, RBI DG tells economists
NEW DELHI: Reserve Bank of India Deputy Governor Michael Patra met economists earlier this week and said concerns over growth ...
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Tech push, past learnings helped tackle challenges
World-over, the Covid-19 pandemic has caused unprecedented humanitarian and economic hardship. At HDFC, we were fortunate to recognise the magnitude ...
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Renu Karnad on how HDFC waded through Covid challenge
World-over, the Covid-19 pandemic has caused unprecedented humanitarian and economic hardship. At HDFC, we were fortunate to recognise the magnitude ...
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Coca-Cola Co UP 0.66% AT 53.68 Coca-Cola Co trounced Wall Street estimates for quarterly revenue on Monday, fuelled by strong demand for its beverages from the gradual reopening of restaurants and cinema theatres following accelerated vaccine rollouts. Net revenue...
European stock markets are seen opening slightly lower Monday, consolidating from record levels with the corporate earnings season to continue and investors awaiting the latest European Central Bank meeting. At 3:05 AM ET (0705 GMT), the DAX futures contract...