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ABF To Acquire Hovis Group For Undisclosed Terms

India, Aug. 15 -- Associated British Foods plc (ABF.L) announced on Friday that it has agreed to acquire Hovis Group Ltd. from Endless LLP to strengthen its UK bakery operations for undisclosed terms.... Read More


China Industrial Output, Retail Sales Log Slower Growth

India, Aug. 15 -- China's industrial production and retail sales logged slower growth in July, figures from the National Bureau of Statistics revealed Friday. Industrial production grew 5.7 percent f... Read More


Crude Oil Declines Ahead Of US-Russia Alaska Summit

India, Aug. 15 -- Crude oil traded lower on Friday amid expectations of a positive outcome from the meeting between the presidents of the US and Russia today. The possibility of further talks remains ... Read More


AeroVironment Annual Profit Declines; Revenue Up 14%

India, Aug. 15 -- Defense technology company AeroVironment Inc. (AVAV) Friday said that its profit declined in fiscal 2025, impacted by higher cost of sales and other expenses. Revenues, however, rose... Read More


Gold Little Changed Amid Uncertain Outcome OF Alaska Summit

India, Aug. 15 -- Gold prices rose incrementally on Friday amid improved risk appetite in markets, with expectations that a meeting between the presidents of the US and Russia today may lead to a ceas... Read More


TSX Down Marginally In Lackluster Trade

India, Aug. 15 -- Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in U... Read More


Pioneer Power Stock Soars 43% On Q2 Revenue Surge

India, Aug. 15 -- Pioneer Power Solutions, Inc. (PPSI) jumped 43.21 percent to $4.46 on Friday, up $1.35, after the previous day's report on its second-quarter revenue of $8.4 million, a 147 percent i... Read More


Hesai Stock Jumps 6%

India, Aug. 15 -- Hesai Group (HSAI) rose 6.35 percent to $24.78, up $1.46, possibly due to yesterday's reporting of 53.9 percent year-over-year increase in second-quarter net revenues to RMB 706.4 mi... Read More


U.S. Stocks Move Mostly Lower Following Mixed Economic Data

India, Aug. 15 -- After ending yesterday's choppy trading session little changed, stocks have moved mostly lower during trading on Friday. The Nasdaq and the S&P 500 have moved moderately lower, altho... Read More


Celcuity Stock Hits All-Time High On Gedatolisib Progress

India, Aug. 15 -- Shares of Celcuity Inc. (CELC) touched an all-time high of $53.85 in early trading today, building on several eventful months driven by developments surrounding its lead drug candida... Read More