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Gencor Industries Inc. Bottom Line Falls In Full Year

India, June 27 -- Gencor Industries Inc. (GENC) revealed a profit for full year that decreased from last year The company's bottom line totaled $14.56 million, or $0.99 per share. This compares with ... Read More


Innovent Biologics' Mazdutide Gets China Approval For Chronic Weight Management

India, June 27 -- Innovent Biologics, Inc. (IVBXF.OB) announced Friday that China's National Medical Products Administration or NMPA has approved mazdutide for chronic weight management in Chinese adu... Read More


Sensex Rises Over 300 Points; Nifty Ends Above 25,600

India, June 27 -- Indian shares rose modestly on Friday, with underlying sentiment supported by a sharp fall in crude oil prices this week and a weakening dollar on hopes for more Fed rate cuts this y... Read More


Nike Stock Gains Despite Weak Q4 Results, Q1 Outlook; Sees $1 Bln Tariff Impact

India, June 27 -- Shares of Nike Inc. were up around 11 percent in the extended trading on Thursday on the NYSE and are currently gaining around 10 percent in pre-market activity, despite reporting a ... Read More


Cryptos Weak Amidst Mixed Economic Data

India, June 27 -- Cryptocurrencies are trading just below the flatline as sentiment remains impacted by the mixed economic data from the U.S. released on Thursday. Bitcoin is trading 4 percent below t... Read More


Gold Heads For Second Weekly Loss

India, June 27 -- Gold ticked lower on Friday and was on track for its second consecutive weekly loss as a ceasefire between Israel and Iran dented demand for havens. Spot gold fell 1.3 percent to $3... Read More


Eurozone Economic Confidence Weakens Unexpectedly

India, June 27 -- Eurozone economic sentiment deteriorated unexpectedly in June, survey data from the European Commission showed on Friday. The economic confidence index fell to 94.0 in June from 94.... Read More


U.S. Dollar Advances After Hot PCE Data

India, June 27 -- The U.S. dollar strengthened against its major counterparts in the New York session on Friday, after a data showed that the Federal Reserve's preferred gauge of inflation accelerated... Read More


Oil On Track For Steep Weekly Loss

India, June 27 -- Oil traded higher on Friday but was on course for its worst week since March 2023 on easing concerns over Middle East supply risks. Benchmark Brent crude futures climbed 0.7 percent... Read More


French Inflation Accelerates In June

India, June 27 -- France's inflation accelerated more than expected in June largely due to higher services costs but the overall rate remained below the 2 percent target, preliminary estimate from the... Read More