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FDA To Expand Inspections At Foreign Manufacturing Units

India, May 8 -- The U.S. Food and Drug Administration has announced plans to expand the use of unannounced inspections at foreign manufacturing facilities that produce foods, essential medicines, and ... Read More


U.S. Labor Productivity Pulls Back More Than Expected In Q1

India, May 8 -- The Labor Department released a report on Thursday showing a pullback by U.S. labor productivity in the first quarter of 2025 along with a sharp increase by unit labor costs. The repo... Read More


U.S. Weekly Jobless Claims Dip To 228,000

India, May 8 -- First-time claims for U.S. unemployment benefits saw a modest decline in the week ended May 3rd, according to a report released by the Labor Department on Thursday. The report said in... Read More


Hungary Industrial Output Contracts 5.4%

India, May 8 -- Hungary's industrial production decline moderated at the end of the first quarter, preliminary figures from the Hungarian Central Statistical Office showed on Thursday. The volume of ... Read More


Pound Recovers Against Majors

India, May 8 -- The British pound recovered from its recent lows against other major currencies in the early New York session on Thursday. The pound rose to a 2-day high of 0.8472 against the euro an... Read More


BoE Cuts Key Rate To 4.25% In Three-Way Split

India, May 8 -- Policymakers of the Bank of England decided to reduce its interest rate by 25 basis points in a three-way split. The Monetary Policy Committee lowered the bank rate to 4.25 percent, a... Read More


Japan Household Spending Rises 2.1% On Year In March

India, May 8 -- The average of household spending in Japan was up 2.1 percent on year in March, the Ministry of Internal Affairs and Communications said on Friday - coming in at 290,511 yen. That exc... Read More


Viatris' Two Phase 3 Studies Of MR-107A-02 To Treat Acute Pain Meet Primary Goals

India, May 8 -- Viatris Inc. (VTRS), a healthcare company, Thursday said its two Phase 3 studies evaluating MR-107A-02 for the treatment of acute pain met their primary goals. The studies were conduc... Read More


South Korea Has $9.14 Billion Current Account Surplus

India, May 8 -- South Korea posted a current account surplus of $9.14 billion in March, the Bank of Korea said on Friday - up from $7.18 billion in February. The goods account recorded an $8.49 billi... Read More


Varex Imaging Corp Q2 Profit Increases, Beats Estimates

India, May 8 -- Varex Imaging Corp (VREX) revealed earnings for its second quarter that increased from the same period last year and beat the Street estimates. The company's bottom line totaled $6.9 ... Read More