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Eurozone Inflation Slows In June

India, July 1 -- Eurozone inflation slowed to a three-month low in June, flash data from Eurostat showed Wednesday. Inflation weakened to 2.8 percent from 3.2 percent in May. This was the lowest rate... Read More


DAX Modestly Higher; Rheinmetall, MTU Aero Engines Up Sharply

India, July 1 -- The German stock market's benchmark index DAX moved modestly higher on Wednesday with investors focusing on the Sintra Forum, where Fed Chair Kevin Warsh and ECB Christine Lagarde are... Read More


European Shares Mixed As US-Iran Talks Stall

India, July 1 -- European stocks were mixed on Wednesday as uncertainty prevailed over the progress of U.S.-Iran peace negotiations and investors waited to hear from Federal Reserve Chairman Kevin War... Read More


61 Vulnerable Economies Exposed To Oil, Cereal Import Shocks, UN Estimates

India, July 1 -- Reopening the Strait of Hormuz would bring vital relief for many economies, but developing countries will continue to grapple with increased food and fuel costs, according to a new UN... Read More


Asian Shares Mixed Amid Iran Tensions

India, July 1 -- Asian stocks turned in a mixed performance on Wednesday as talks between the U.S. and Iran faced new hurdles, fueling inflation worries and increasing the likelihood of Federal Reserv... Read More


UK House Prices Remain Flat In June

India, July 1 -- UK house prices remained flat in June as uncertainty caused by the war in the Middle East and the subsequent rise in fuel prices and market interest rates weighed on the property mark... Read More


Ipsen To Buy Swiss Biotech Memo Therapeutics For Over EUR 700 Mln To Expand Rare Disease Pipeline

India, July 1 -- French drugmaker Ipsen S.A. (IPSEF.PK,IPSEY,IPN.PA) announced on Wednesday that it has agreed to buy Swiss biotech Memo Therapeutics AG for more than 700 million euros including miles... Read More


OCI Recommends All-cash Offer From NNS

India, July 1 -- OCI Global N.V. (OCI.AS) announced that the Board - excluding Nassef Sawiris and Nadia Sawiris - recommended the voluntary all-cash public offer for all issued and outstanding shares ... Read More


NatWest Completes GBP 2.7 Bln Acquisition Of Evelyn Partners

India, July 1 -- NatWest Group plc (NWG,NWG.L) on Wednesday announced the completion of its acquisition of Evelyn Partners for an enterprise value of 2.7 billion pounds. The acquisition was completed... Read More


India Manufacturing Growth Eases In June

India, July 1 -- India's manufacturing growth moderated in June as new orders and output rose at the weakest pace in four years, final survey data from S&P Global showed on Wednesday. The HSBC manufa... Read More