Losing Streak May Continue For Thai Stock Market

India, June 16 -- The Thai stock market has finished lower in two straight sessions, giving up almost 5 points or 0.3 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,5... Read More

Yum! Brands To Sell Pizza Hut In $2.7 Bln Deal, Plans $4 Bln Buyback; Shares Up

India, June 16 -- Yum! Brands, Inc. announced Tuesday its definitive agreement to sell its popular brand Pizza Hut in two separate deals for $2.7 billion in the aggregate, subject to certain purchase ... Read More

U.S. Housing Starts Plunge 15.4% In May, Much More Than Expected

India, June 16 -- The Commerce Department released a report on Tuesday showing another steep drop in new residential construction in the U.S. in the month of May. The report said housing starts plung... Read More

Day Of Draws In FIFA World Cup

India, June 16 -- It was a day of draws in the FIFA World Cup Day 5, as all the four matches Monday ended without a winner. While the tiny country of Cape Verde held European powerhouse Spain to a sh... Read More

Market Sentiment Remains Tethered To U.S.-Iran Peace Deal

India, June 16 -- Optimism surrounding the preliminary U.S.-Iran deal as well as uncertainty surrounding the actual terms of agreement swayed global market sentiment. Anxiety ahead of the first FOMC u... Read More

Outlook Therapeutics' BLA Resubmission For ONS-5010 Accepted By FDA For Wet AMD Review

India, June 16 -- Outlook Therapeutics, Inc. (OTLK) announced that the U.S. FDA has accepted its resubmitted BLA for ONS-5010/LYTENAVA as a proposed treatment for neovascular age-related macular degen... Read More

Consolidation Called For Indonesia Stock Market

India, June 16 -- Ahead of Tuesday's holiday for the Islamic New Year, the Indonesia stock market had jumped higher in back-to-back sessions, rallying more than 370 points or 6 percent along the way. ... Read More

U.S. Import Prices Surge Much More Than Expected In May

India, June 16 -- A report released by the Labor Department on Tuesday showed import prices in the U.S. shot up by much more than expected in the month of May. The Labor Department said import prices... Read More

Yum! Brands To Sell Pizza Hut For $2.7 Bln; Approves Incremental $4 Bln Share Repurchase

India, June 16 -- Yum! Brands (YUM) said Yum! will sell Pizza Hut, excluding Mainland China, to LongRange Capital for approximately $1.5 billion. Yum! has the opportunity to receive an earn-out of $75... Read More

U.S. Housing Starts Plunge Much More Than Expected In May

India, June 16 -- The Commerce Department released a report on Tuesday showing a steep drop in new residential construction in the U.S. in the month of May. The report said housing starts plummeted b... Read More

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