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FTSE-100 Hovers Near Flatline

The FTSE-100 benchmark of the London Stock Exchange is currently close to the flatline, unlike much of its European peers that have declined close to 1 percent. Lingering concerns of an economic slowdown rattled market sentiment.
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Novavax's Nuvaxovid COVID-19 Vaccine Gets Expanded EUA In Taiwan For Use In Adolescents

Novavax's Nuvaxovid COVID-19 Vaccine Gets Expanded EUA In Taiwan For Use In Adolescents

Biotechnology company Novavax, Inc. (NVAX) announced Friday that the Taiwan Food and Drug Administration (TFDA) has granted expanded emergency use authorization (EUA) for Nuvaxovid (NVX-CoV2373) COVID-19 vaccine for active immunization to prevent coronavirus disease 2019 (COVID-19) caused by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) in adolescents aged 12 through 17.
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Bay Street Likely To See Weak Start

Bay Street Likely To See Weak Start

Canadian shares look headed for a negative start on Friday, tracking weak cues from Asian and European markets amid rising fears about a global recession.
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Agios Says CHMP Adopts Positive Opinion For PYRUKYND To Treat Pyruvate Kinase Deficiency In Adults

Agios Says CHMP Adopts Positive Opinion For PYRUKYND To Treat Pyruvate Kinase Deficiency In Adults

Agios Pharmaceuticals, Inc. (AGIO) announced Friday that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) adopted a positive opinion on September 15, 2022, recommending the granting of a marketing authorization for PYRUKYND (mitapivat) for the treatment of pyruvate kinase (PK) deficiency in adult patients.
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CAC-40 Drops As Sentiment Worsens Globally

CAC-40 Drops As Sentiment Worsens Globally

CAC-40 is trading more than a percent lower than the levels on Thursday as sentiment dampened amidst fears of a recession. Fears of high inflation forcing central banks to tighten up the fight against inflation worsened, amidst the Euro Area Inflation for the month of August being confirmed at 9.1 percent.
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Sensex, Nifty End Sharply Lower As Stocks Plunge On Recession Fears

Sensex, Nifty End Sharply Lower As Stocks Plunge On Recession Fears

After a weak start Friday morning, Indian shares kept sliding lower and lower as the session progressed as selling intensified at several counters from across various sectors amid mounting fears over a possible recession in the U.S. due to rising interest rates.
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Gilead Sciences Says CHMP Adopts Positive Opinion To Extend Indication Of Veklury

Gilead Sciences Says CHMP Adopts Positive Opinion To Extend Indication Of Veklury

Gilead Sciences, Inc. (GILD) announced Friday that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) adopted a positive opinion to extend the indication of Veklury (remdesivir) for the treatment of pediatric patients (weighing at least 40 kg) who do not require supplemental oxygen and are at increased risk of progressing to severe COVID-19 as well as pediatric patients (4 weeks of age and older and weighing at least 3 kg) with SARS-CoV-2 with pneumonia who require supplemental oxygen (low- or high-flow oxygen or other non-invasive ventilation at the start of treatment).
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UK Retail Sales Decline Worse Than Expected

UK Retail Sales Decline Worse Than Expected

UK retail sales declined more than expected in August as the cost of living crisis weighed on consumer spending, official data showed Friday. The retail sales volume declined 1.6 percent month-on-month, in contrast to July's revised 0.4 percent increase, the Office for National Statistics reported. Economists had forecast a moderate 0.5 percent decline.
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DAX Dips As Recession Concerns Mount

DAX Dips As Recession Concerns Mount

The German stock market benchmark DAX plunged again for the fourth successive day as recession fears dampened market sentiment. The energy crisis as well as the fears of harsh monetary policy environment globally exacerbated the sell-off across sectors.
RTTNews | 957 दिनों पहले

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