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Wells Fargo Q1 Earnings Top Estimates, But Revenues Miss - Update

India, April 11 -- Financial services company Wells Fargo & Co. (WFC) reported Friday net income for the first quarter that decreased to $4.89 billion or $1.39 per share from $4.62 billion or $1.20 pe... Read More


Euro Soars As Tariff Walk-back Eases Tensions Further

India, April 11 -- The euro strengthened against other major currencies in the European session on Friday, as the investor sentiment improved after the EU said it would suspend its planned countermeas... Read More


India Industrial Output Growth Eases To 2.9%

India, April 11 -- India's industrial production growth moderated more-than-expected in February to the lowest level in six months, data from the Ministry of Statistics and Programme Implementation sh... Read More


FDA To Phase Out Animal Testing In The Development Of Monoclonal Antibodies, Other Drugs

India, April 11 -- The U.S. Food and Drug Administration has announced a plan to replace animal testing in the development of monoclonal antibody therapies and other drugs with more effective, human-r... Read More


AstraZeneca Shareholders Approve All AGM Resolutions Amid Wave Of Regulatory Wins

India, April 11 -- AstraZeneca PLC (AZN.L) Friday announced that all resolutions at its Annual General Meeting were approved by shareholders, with overwhelming support across the board. Special resol... Read More


FTSE 100 Recovers After Setback, Up More Than 0.5%

India, April 11 -- After a positive start and a subsequent drop into negative territory, U.K. stocks are recovering a bit on Friday with investors largely making cautious moves, reacting to the develo... Read More


Sensex Rises Over 1,300 Points; Nifty Ends Above 22,800

India, April 11 -- Indian shares rallied on Friday after U.S. President Donald Trump announced a 90-day suspension of an additional 26 percent tariff on India, while maintaining a base tariff of 10 pe... Read More


Vistry Extends £65M Share Buyback Programme With Deutsche Numis

India, April 11 -- Vistry Group PLC (VTY.L) Friday has extended its share buyback programme, originally announced on 12 September 2024, as part of its capital allocation strategy. Under the extension... Read More


UK Government Moves To Save Last Blast Furnace Steel Site, 3,000 Jobs At Risk

India, April 11 -- Britain's government is racing to rescue the nation's final operational blast furnace steel plant in Scunthorpe, amid the looming threat of closure that could jeopardize 3,000 jobs ... Read More


Xenia Sells Fairmont Dallas For $111M To Refocus Portfolio And Avoid $80M Capex

India, April 11 -- Xenia Hotels & Resorts (XHR) Friday has sold the 545-room Fairmont Dallas for $111 million, or approximately $203,670 per key, reflecting an 8.6x Hotel EBITDA multiple and a 10% cap... Read More