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Dollar General Boosts FY25 Outlook - Update

India, June 3 -- While reporting financial results for the first quarter on Tuesday, discount retailer Dollar General Corp. (DG) raised its adjusted earnings, net sales growth and same-store sales gro... Read More


Australia Services PMI Ebbs In May - S&P Global

India, June 3 -- The services sector in Australia continued to expand in May, albeit it at a slower pace, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 50.6. Th... Read More


Turkey Inflation Eases To 35.41%, Lowest In 42 Months

India, June 3 -- Turkey's consumer price inflation eased further in May to the lowest level in three-and-a-half years, figures from the Turkish Statistical Institute showed on Tuesday. Consumer price... Read More


Dutch Government Collapses As Far-right Party Leaves Coalition

India, June 3 -- The right wing government in the Netherlands is set to collapse as far-right leader Geert Wilders' Party for Freedom, or PVV, left the coalition. Wilders said at a news conference Tu... Read More


Tesla Opts Out Of India's EV Manufacturing Incentives

India, June 3 -- Tesla has confirmed it will not take advantage of India's newly launched electric vehicle manufacturing incentives, despite New Delhi's efforts to attract global automakers. On Monda... Read More


FDA Unveils Generative AI Tool Elsa To Improve Efficiency

India, June 3 -- The U.S. Food and Drug Administration announced the launch of Elsa, a generative Artificial Intelligence or AI tool, with a view to modernize agency functions to optimize performance.... Read More


Gold Dips From Near Four-week High As Dollar Rebounds

India, June 3 -- Gold traded lower on Tuesday but hovered near a four-week peak amid escalating geopolitical tensions and simmering trade risks. Spot gold dropped 0.6 percent to $3,359.92 per ounce i... Read More


Oil Extends Gains Amid Geopolitical Tensions

India, June 3 -- Oil prices rose for a second consecutive session on Tuesday amid concerns about supply due to escalating geopolitical tensions and stuttering U.S.-Iran nuclear talks. Benchmark Brent... Read More


Eurozone Inflation Softens To 1.9%

India, June 3 -- Eurozone inflation eased more than expected in May largely due to the slowdown in services inflation, flash data from Eurostat showed on Tuesday. Inflation softened to 1.9 percent in... Read More


Peloton Launches Repowered, Its Branded Marketplace For Used Equipment

India, June 3 -- Peloton has unveiled Peloton Repowered, its first proprietary platform for trading pre-owned hardware and accessories, aiming to streamline and secure the resale experience. Currentl... Read More