U.S. Stocks May Give Back Ground As Job Growth Exceeds Estimates

Stocks may move to the downside in early trading on Friday, giving back ground after ending the previous session mostly higher. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.4 percent. The futures came under pressure following the release of a highly anticipated Labor Department report showing […]

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Markets Brace For U.S. Jobs Data

Anxiety about the crucial job market update from the U.S. kept market sentiment subdued. China’s inflation data for November due for release also swayed sentiment. Wall Street Futures have edged up. European benchmarks are trading with strong gains. The DAX touched record highs amidst German inflation touching the lowest level since June 2021. Asian stocks finished trading on a mixed […]

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CPSC Recalls: Stain Remover, UTVs, String Lights, Vacuums, Mattresses, Plush Toys

The U.S. Consumer Product Safety Commission or CPSC has announced recalls including 2.7 million bottles of Wet & Forget stain removers, as well as certain Utility-Terrain Vehicles, string lights, vacuums, mattresses, strollers, and plush toys, among others, for various reasons. In most of the recalls, consumers are urged to immediately stop using the recalled product, and contact the respective firm […]

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Pharming To Develop Leniolisib For Additional PIDs Beyond APDS; Phase 2 Trial To Initiate In Q2

Dutch biopharmaceutical company Pharming Group N.V. (PHAR) announced Wednesday its plans to develop leniolisib for additional primary immunodeficiencies or PIDs beyond activated phosphoinositide 3-kinase delta syndrome or APDS. As part of its expansion plans for its rare disease pipeline, the company said it has engaged with the US Food and Drug Administration and has received feedback on its plans to […]

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100 deaths at BSE50 Companies

74 of these fatalities were reported by 8 companies: Coal India (21), L&T (14), Vedanta (13, of which Hindustan Zinc reported 7), Tata Steel (7), Power Grid Corporation of India (7), JSW Steel (6), and ONGC (6). More than 100 lives were lost at some of India’s top companies in industrial accidents in 2022-2023, regulatory disclosures show. The number was […]

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Swiss Economy Recovers In Q3

Switzerland’s economy rebounded in the third quarter underpinned by exports and consumption, official data showed on Friday. Gross domestic product grew 0.3 percent sequentially, in contrast to the 0.1 percent fall in the previous three months, the State Secretariat for Economic Affairs said. The Swiss economy was forecast to expand 0.1 percent. GDP expanded 0.9 percent year-on-year in the third […]

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EPA To Strengthen Rule To Replace Lead Pipes In US Within 10 Years

The U.S. Environmental Protection Agency (EPA) has announced a proposal to strengthen its Lead and Copper Rule that would require water systems across the country to replace lead pipe service lines within 10 years. EPA is also proposing additional improvements to protect public health, such as lowering the lead action level and improving sampling protocols utilized by water systems. These […]

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