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Sensex, Nifty Tad Lower In Early Trade; Mahindra & Mahindra Shares Rally 7%

India, May 17 -- Indian shares opened a tad lower on Friday after three Federal Reserve officials argued in favor of keeping borrowing costs high until there's more evidence of easing inflation. The ... Read More


Covid Is More Dangerous Than Flu, Study Says

India, May 16 -- A study by doctors at the Veterans Affairs St Louis Health Care System in Missouri found that Covid is still a more serious threat than last winter's flu. For the study, the research... Read More


U.S. Stocks Seeing Modest Strength, Dow Climbs Above 40,000 For First Time

India, May 16 -- Stocks are seeing modest strength during trading on Thursday, extending the rally seen in the previous session. The major averages have reached new record highs, with the Dow climbing... Read More


Lithuania Becomes 40th Signatory To Artemis Accords

India, May 16 -- Lithuania has become the 40th nation to join NASA and the international coalition in pursuit of safer space exploration by signing the Artemis Accords. Minister of Economy and Innova... Read More


RF Acquisition Corp II Prices IPO Of 10 Mln Units At $10.00/unit

India, May 16 -- RF Acquisition Corp II announced the pricing of its initial public offering of 10 million units at a price of $10.00 per unit. The units will be listed on the Nasdaq Global Market an... Read More


Corebridge Climbs After AIG Agrees To Sell 20% CRBG Stake To Nippon Life For $3.8 Bln

India, May 16 -- Corebridge Financial, Inc. (CRBG) shares are spiking more than 12 percent on Thursday morning trade after American International Group (AIG) agreed to sell 20 percent stake in Corebri... Read More


U.S. Industrial Production Unexpectedly Unchanged In April

India, May 16 -- With a surge in utilities output offset by decreases in mining and manufacturing output, the Federal Reserve released a report on Thursday showing U.S. industrial production came in f... Read More


Takeda Canada Finalises LoI With PCPA For Antiviral Drug Livtencity

India, May 16 -- Takeda Canada, a subsidiary of Takeda Pharmaceutical Co. Ltd. (TAK), Thursday announced that it has finalized a Letter of Intent with pan-Canadian Pharmaceutical Alliance or pCPA for ... Read More


Cryptos Rise In Anticipation Of Rate Cuts

India, May 16 -- Renewed rate cut bets that followed the easing in CPI readings in the U.S. helped bolster sentiment for cryptocurrencies. Amidst a price surge in most of the top-ranked cryptocurrenci... Read More


Sensex, Nifty Likely To Open On Lackluster Note

India, May 16 -- Indian shares are likely to open on a muted note Friday, mirroring tepid cues from global markets. U.S. rate-cut hopes faded after three Federal Reserve officials argued in favor of ... Read More