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REE Automotive Stock Slips 35%

India, March 18 -- Shares of REE Automotive Ltd. (REE) slipped nearly 35% on Tuesday morning after the company said it entered into a non-binding memorandum of understanding (MOU) with a global techno... Read More


U.S. Stocks Pull Back Sharply Following Two-Day Rebound

India, March 18 -- Following the significant rebound seen over the two previous sessions, stocks have pulled back sharply during trading on Tuesday. The major averages have all moved to the downside, ... Read More


Morgan Stanley Reportedly To Cut 2,000 Jobs This Month

India, March 18 -- Morgan Stanley (MS) is planning to lay off about 2,000 employees later this month, according to several media reports citing people familiar with the matter. The layoffs, represent... Read More


Cryptos Nervous Ahead Of FOMC

India, March 18 -- Cryptocurrencies are trading with heavy losses ahead of the decision of the Federal Open Markets Committee, scheduled to be released on Wednesday afternoon. Though the Fed is widely... Read More


U.S. Industrial Production Climbs 0.7% In February, Much More Than Expected

India, March 18 -- The Federal Reserve released a report on Tuesday showing industrial production in the U.S. increased by much more than expected in the month of January. The report said industrial ... Read More


Mutares SE & Co. Plans To Reduce Stake In Steyr Motors Amid Strong Investor Demand

India, March 18 -- Mutares SE & Co. KGaA announced its decision to increase the free float of Steyr Motors AG to diversify its shareholder base further. This decision follows the German Bundestag's re... Read More


U.S. Import, Export Prices Unexpectedly Increase In February

India, March 18 -- A report released by the Labor Department on Tuesday showed unexpected increases by U.S. import and export prices in the month of February. The Labor Department said import prices ... Read More


Innovent: Phase 2/3 Study Of Sintilimab Combination Meets Main Goal In Advanced Renal Cell Carcinoma

India, March 18 -- Innovent Biologics Inc. and HUTCHMED (China) Limited announced that the FRUSICA-2 Phase 2/3 clinical trial, which evaluated sintilimab in combination with fruquintinib as second-lin... Read More


Thai Stock Market Likely To Remain Rangebound On Wednesday

India, March 18 -- The Thai stock market has moved higher in two of three trading days since the end of the two-day slide in which it had stumbled almost 30 points or 2.4 percent. The Stock Exchange o... Read More


Eni Board Approves 2024 Annual Report

India, March 18 -- Eni (E) said that the Board of Directors approved the 2024 Eni's Annual Report. Consolidated net profit attributable to Eni's shareholders amounted to 2.624 billion euros. The comp... Read More