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Nike To Raise U.S. Prices Amid Tariff Pressures And Weak Consumer Demand

India, May 22 -- Nike will raise prices on select footwear, apparel, and equipment in the U.S. starting June 1, as it responds to rising costs and a challenging retail environment. While the company ... Read More


Asian Shares Follow Wall Street Lower As Treasury Yields Spike

India, May 22 -- Asian stocks followed Wall Street lower on Thursday after longer-dated U.S. Treasury yields hit their highest levels in 18 months on concerns that a new budget proposal could swell th... Read More


Jony Ive Joins OpenAI In $6.5 Bln Bid To Reinvent Computing

India, May 22 -- OpenAI has struck a landmark deal to acquire Sir Jony Ive's startup io for $6.5 billion, enlisting the British design luminary to spearhead its next-generation hardware ambitions. The... Read More


Canada's S&P/TSX Composite Index Closes Slightly Higher

India, May 22 -- Following the pullback seen in the previous session, treasuries moved back to the upside during trading on Thursday before giving back ground going into the close. The benchmark S&P/... Read More


U.S. Stocks Give Back Ground To Close Roughly Flat

India, May 22 -- Stocks moved mostly higher over the course of the trading day on the Thursday but gave back ground in the latter part of the session to close roughly flat. The major averages pulled b... Read More


French Manufacturing Sentiment Weakens In May

India, May 22 -- France's manufacturing confidence weakened in May on deteriorating global orders and personal production expectations, survey data from the statistical office INSEE showed on Thursday... Read More


Honeywell To Acquire Johnson Matthey's Catalyst Technologies Unit For GBP 1.8 Bln

India, May 22 -- Honeywell International Inc. (HON), a publicly traded, conglomerate corporation, on Thursday announced that it has agreed to acquire Johnson Matthey Plc's (JMPLY, JMAT.L) Catalyst Tec... Read More


Crude Oil Sees Further Downside Amid Report OPEC+ May Further Increase Output

India, May 22 -- After turning lower over the course of the previous session, the price of crude oil saw further downside during trading on Thursday. Crude for July delivery slid $0.37 or 0.6 percent... Read More


Malaysia Inflation Remains Stable At 1.4%

India, May 22 -- Malaysia's consumer price inflation held steady in April after easing to a more than 4-year low in March, data from the Department of Statistics showed on Thursday. The consumer pric... Read More


Treasuries Regain Ground Following Yesterday's Slump

India, May 22 -- Following the steep drop seen in the previous session, treasuries regained ground over the course of the trading day on Thursday. Bond prices initially extended yesterday's slump but... Read More