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Gold Surges Amid Weakening U.S. Dollar After Trump Switches To Economic Blockade Against Iran

India, Aug. 21 -- Extending two days of gains, gold prices have soared on Friday as safe-haven demand for the U.S. dollar diminished following yesterday's announcement by U.S. President Donald Trump i... Read More


European Shares Poised For Soft Start As US Bond Market Jitters Persist

India, Aug. 21 -- European stocks are seen opening flat to slightly lower on Friday as doubts persist over rescue efforts to address liquidity issues in the U.S. government bond market. The Treasury'... Read More


James Hardie To Divest Fermacell In Europe To Holcim For €840 Mln Cash; Plans $250 Mln Buyback

India, Aug. 21 -- James Hardie Industries PLC (JHX,JHX.AX) announced an agreement to sell its sustainable walling and flooring solutions business, Fermacell, in Europe to Swiss building materials majo... Read More


Treasury Proposes Low-Cost Investment Rules For Trump Accounts

India, Aug. 21 -- The U.S. Department of the Treasury has announced proposed guidance governing eligible investments in Trump Accounts, with a focus on keeping costs low, promoting broad diversificati... Read More


Drinking Sugary Beverages Daily May Raise Gastric Cancer Risk, Study Says

India, Aug. 21 -- A recent study published in the journal Gastro Hep Advances looked at whether drinking sugar-sweetened beverages or artificially sweetened beverages was linked to a higher risk of ga... Read More


Alvotech, Lotus Partner To Commercialize Durvalumab, Emicizumab Biosimilars

India, Aug. 21 -- Alvotech (ALVO), a global biotechnology company specializing in biosimilar medicines, announced a strategic licensing and commercialization agreement with Lotus Pharmaceutical coveri... Read More


Indian Shares Marginally Higher In Lackluster Trade

India, Aug. 21 -- Indian shares struggled for direction in early trade on Friday as long-term U.S. Treasury yields resumed their climb and oil prices remained elevated near one-month highs amid the co... Read More


Materials Stocks Propel TSX Higher Amid Gold, Silver Rally

India, Aug. 21 -- Despite paring some early gains, the Canadian market remains firmly entrenched in positive territory around noon on Friday, supported by strong gains in materials stocks thanks to fi... Read More


Apollo Reports Data Breach Incident Affecting Personal Information

India, Aug. 21 -- Apollo Global Management, Inc (APO) on Friday notified individuals that a recent social engineering incident may have exposed some personal information. The firm said unauthorized a... Read More


Abbott Agrees To $670 Mln Settlement In Preterm Infant Formula Litigation

India, Aug. 21 -- Abbott Laboratories (ABT), a diversified healthcare company, on Thursday entered into agreements to resolve a portion of litigation involving its speciality formulas for preterm infa... Read More