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FDA Approves First Drug To Treat Narcolepsy Type 1 Symptoms

India, Aug. 6 -- The U.S. Food and Drug Administration has approved Orzeyful (oveporexton) tablets for the treatment of narcolepsy type 1 in adults. Orzeyful is the first medicine approved for narcol... Read More


UK Extends Global Talent Visa Scheme To Over 100 Companies

India, Aug. 6 -- The UK Government has extended its Global Talent visa to more than 100 innovative research companies enabling them to support some of the world's brightest scientists and engineers to... Read More


Insmed Q2 Loss Narrows Sharply As Revenue Nearly Quadruples; Stock Surges In Pre-Market

India, Aug. 6 -- Insmed Incorporated (INSM), a biopharmaceutical company, on Thursday reported a significantly narrower second-quarter loss, driven by a sharp increase in product revenue. The company ... Read More


Market Spotlight On Proposed Hormuz Deal

India, Aug. 6 -- Sentiment in global markets remains tethered to hopes of a deal to enable full reopening of the Strait of Hormuz amidst reports that Iran had reached an agreement with Oman on a tempo... Read More


UK Stocks Rise On Earnings; WPP Gains 25% On Strong Results

India, Aug. 6 -- The UK stock market's benchmark index FTSE 100 advanced for a third straight session with investors digesting a slew of earnings announcements on Thursday. Optimism about U.S.-Iran ta... Read More


US Foods Q2 Profit, Revenue Climb; Confirms Outlook; Stock Up In Pre-Market

India, Aug. 6 -- US Foods Holding Corp. (USFD), a foodservice distributor, on Thursday reported higher second-quarter profit, mainly driven by increased sales. The company also confirmed its full-year... Read More


Czech Industrial Output Growth Hits 6-Month High; Trade Surplus Shrinks

India, Aug. 6 -- The Czech Republic's industrial output expanded at the fastest pace in six months in June, while its trade surplus decreased sharply from last year, separate reports from the Czech St... Read More


Indian Shares End With Modest Gains

India, Aug. 6 -- Indian shares ended Thursday's session with modest gains, with a weaker dollar and lower yields on the back of softer U.S. labor market data, and hopes for a U.S.-Iran deal to reopen ... Read More


UK Construction Activity Shrinks At Slowest Pace In 4 Months

India, Aug. 6 -- The UK construction activity contracted at the slowest pace in four months in July on slower fall in new orders, purchasing managers' survey data from S&P Global showed Thursday. The... Read More


Mediobanca Reports Higher FY26 Profit

India, Aug. 6 -- Mediobanca Banca di Credito Finanziario S.p.A. (MB.MI) on Thursday, reported fiscal 2026 total income of EUR 1.95 billion, up from EUR 1.84 billion in fiscal 2025. Net profit increas... Read More