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New Century Logistics Plans To Buy 51% Of Asiatic Logistics

India, June 4 -- New Century Logistics (BVI) Limited (NCEW), a Hong Kong-based freight forwarding service provider, said on Wednesday that it has inked a letter of intent with Chiu Nga Ting, the sole ... Read More


Genesco Q1 Loss Narrows On Comps Growth, Backs FY25 Earnings View, Lifts Sales Forecast; Stock Up

India, June 4 -- Genesco Inc. (GCO), a specialty retailer of branded footwear, reported Wednesday narrower net loss in its first quarter, benefited by higher net sales and comparable sales. Further, t... Read More


Chart Industries Agrees To Merge With Flowserve

India, June 4 -- Chart Industries, Inc. (GTLS), Wednesday announced an agreement to merge with Flowserve Corp. (FLS), creating a combined entity with an expected enterprise value of approximately $19 ... Read More


Pound Rises After Robust U.K. PMI Data

India, June 4 -- The British pound strengthened against other major currencies in the European session on Wednesday, following the release of PMI data that signaled a stronger than estimated growth in... Read More


Cryptos Firm Amidst Trade Deal Optimism

India, June 4 -- Cryptocurrencies are trading on a firm note amidst optimism about de-escalation in trade-related tensions, particularly between the U.S. and China. Overall crypto market capitalizati... Read More


CAC 40 Up 0.5%; STMicroElectronics Rises Over 7%

India, June 4 -- Despite lingering concerns about trade tensions, French stocks are gaining some ground in positive territory on Wednesday with investors expecting an interest rate cut from the Europe... Read More


Dollar Tree Boosts FY25 Adj. EPS Outlook - Update

India, June 4 -- While reporting financial results for the first quarter on Wednesday, discount variety store Dollar Tree, Inc. (DLTR) raised its full-year 2025 adjusted earnings guidance to reflect t... Read More


South Korea GDP Shrinks 0.2% In Q1

India, June 4 -- South Korea's gross domestic product contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Bank of Korea said on Thursday. That was in line with e... Read More


US Temporarily Exempt UK From 50% Steel And Aluminum Tariffs

India, June 4 -- President Donald Trump has signed a Proclamation to increase the import tariff on steel and aluminum to 50 percent. The doubled tariff, from 25 percent to 50 percent, went into effect... Read More


FSIS Warns Against Ground Beef Products For Possible E. Coli Contamination

India, June 4 -- The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert for ground beef products by NPC Processing, Inc., citing the potential... Read More