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ABB Stock Gains On Higher Q2 Profit & Orders, Positive Outlook

India, July 17 -- Shares of ABB Ltd. were gaining around 8 percent in the morning trading in Switzerland after the Swiss technology company on Thursday issued positive third-quarter comparable revenue... Read More


FDA To Revoke 52 Obsolete Standards Of Identity For Food Products

India, July 17 -- The U.S. Food and Drug Administration has announced that it is revoking, or proposing to revoke, 52 food standards after concluding they are obsolete and unnecessary. The 52 standard... Read More


U.S. Dollar Higher Amid Solid Economic Data, Trump's Denial Of Firing Powell

India, July 17 -- The U.S. dollar firmed against its most major counterparts in the New York session on Thursday, amid strong economic data and President Donald Trump's denial of plans to fire Federal... Read More


Oil Moves Sideways In Lackluster Trade

India, July 17 -- Oil prices were moving sideways on Thursday due to tariff-related uncertainty. Escalating Middle East tensions and signs of strong U.S. demand helped limit losses, if any. Brent cru... Read More


Yemeni Forces Interdict Massive Iranian Weapons Shipment Bound For The Houthis

India, July 17 -- Yemeni forces have interdicted massive Iranian weapons shipment bound for the Houthis. The Yemeni National Resistance Forces, or NRF, seized more than 750 tons of munitions and hard... Read More


European Shares Inch Higher On Trade Deal Hopes

India, July 17 -- European stocks inched higher on Thursday, haling a four-day losing streak on optimism over a potential trade deal between the United States and the European Union. The bloc is read... Read More


US, Bahrain Sign MoU On Strategic Civil Nuclear Cooperation

India, July 17 -- U.S. Secretary of State Marco Rubio and Bahrain's Foreign Minister Dr. Abdullatif bin Rashid Al Zayani have signed a Memorandum of Understanding Concerning Civil Nuclear Cooperation ... Read More


Canadian Stocks Rise Sharply As PM Shifts Gears To Lift Economy

India, July 17 -- Canadian stocks moved sharply higher on Thursday as Prime Minister Mark Carney addresses the challenges confronting the economy from the US and hinted at measures to save domestic bu... Read More


Asian Shares Advance As Fed Independence Fears Ease

India, July 17 -- Asian stocks rose broadly on Thursday after U.S. President Donald Trump denied that he plans to fire Federal Reserve Chairman Jerome Powell. "We're not planning on doing it," he sai... Read More


Upbeat Economic Data Contributes To Record Highs On Wall Street

India, July 17 -- After moving modestly higher over the course of the previous session, stocks saw further upside during trading on Thursday. With the continued upward move, the Nasdaq and the S&P 500... Read More