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Russia Central Bank Cuts Rate By 25 Bps

India, June 19 -- The Bank of Russia reduced its benchmark interest rate by a quarter basis points on Friday, marking the ninth consecutive cut as inflation stays above the target. The Board of Direc... Read More


MDA Space To Buy Blue Canyon Technologies From RTX's Raytheon For $620 Mln In Cash

India, June 19 -- Canadian space technology firm MDA Space Ltd. (MDA,MDA.TO) announced on Friday that it has agreed to acquire U.S. spacecraft maker Blue Canyon Technologies LLC for $620 million or C$... Read More


Bay Street May Open On Weak Note

India, June 19 -- Canadian stocks may open on a negative note Friday morning as weak precious metals prices and uncertainty about U.S. and Iran agreeing on a long-term truce are likely to weigh on sen... Read More


Thales Signs Pact With South Korea's Hanwha Aerospace To Pair X-Fire Launcher With Missiles

India, June 19 -- French technology group Thales S.A. (THLEF.PK,TCFP.PA) announced on Friday that it has signed a memorandum of understanding with South Korean defence firm Hanwha Aerospace Co., Ltd. ... Read More


Pound Rises After U.K. Burnham Victory

India, June 19 -- The British pound strengthened against other major currencies in the European session on Friday, after the release of strong retail sales figure in May and the political stability in... Read More


Sanofi's Sarclisa Subcutaneous Combination Therapy Gets Japan Approval For Multiple Myeloma

India, June 19 -- French drug major Sanofi (SNY,SAN.PA) announced Friday that Sarclisa (isatuximab) subcutaneous (SC) formulation combination therapy has been approved in Japan for patients with multi... Read More


Turkey Capacity Utilization Rises To 1-year High; Business Confidence Strengthens

India, June 19 -- Turkey's manufacturing capacity utilization rate increased further in June to the highest level in one year, while factory confidence remained more positive, figures from the central... Read More


FTSE Drifts Lower As Miners Shed Ground

India, June 19 -- After a weak start and a subsequent marginal upmove, the UK market's benchmark index FTSE 100 slipped into negative territory on Friday, weighed down by losses in mining stocks. The... Read More


Evonik To Sell Pharma Ingredient Assets In Hanau To ProChem For Undisclosed Terms; Stock Up

India, June 19 -- German specialty chemicals maker Evonik Industries AG (EVK.DE) announced on Friday that it is selling selected pharmaceutical ingredient production assets at its Hanau site in German... Read More


Slovenian Consumer Confidence Improves In May

India, June 19 -- Consumers in Slovenia remained less pessimistic in May, and the confidence strengthened to the highest level more than four-and-a-half years, figures from the Statistical Office of t... Read More