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Crude Oil Drops As EIA Forecast Triggers Oversupply Concerns

India, Aug. 13 -- Crude oil prices fell on Wednesday after the forecast by the Paris-based International Energy Agency projected oversupply in the market this year due to surging supply from OPEC+ and... Read More


Experts Report Largest-Ever Chikungunya Outbreak In China

India, Aug. 13 -- China is facing its biggest recorded outbreak of the chikungunya virus, with 10,000 reported cases. The worst-hit area is Foshan, a manufacturing hub in Guangdong province. The outb... Read More


TSX Pares Gains After Hitting Fresh Record High; Gildan Activewear Soars 11%

India, Aug. 13 -- Despite coming off early highs, the Canadian market remains in positive territory on Wednesday afternoon, supported by gains in consumer discretionary, communications and real estate... Read More


Sapiens To Be Taken Private By Advent In $2.5 Bln Cash Deal

India, Aug. 13 -- Sapiens International Corp. N.V. (SPNS), a provider of intelligent SaaS-based software solutions to the insurance industry, announced Wedenesday its agreement to be acquired by priva... Read More


Gold Edges Up As Dollar Drops On Fed Rate Cut Expectations

India, Aug. 13 -- Gold prices rose on Wednesday as the US Dollar weakened and Treasury yields fell as inflation data kept rate cut hopes high. Front Month Comex Gold for August delivery increased by ... Read More


Surf Air Mobility Shares Jump 26% On Ultra Short Aircraft Demonstration Success

India, Aug. 13 -- Surf Air Mobility Inc. (SRFM) surged 23.87 percent to $5.19, up $1.00 on Wednesday, after Electra.aero, in partnership with the company and Virginia Tech, completed its first public ... Read More


Weight-Loss Drugs May Raise Risk Of Rare Eye Stroke, Studies Warn

India, Aug. 13 -- New research suggests that some weight-loss drugs could raise the risk of serious eye problems that may cause vision loss. One previous study, published in JAMA, looked at data from... Read More


Hudbay Minerals Shares Surge 15% On $600 Mln Mitsubishi Copper World Deal

India, Aug. 13 -- Hudbay Minerals Inc. (HBM) jumped 13.92 percent to $11.22, up $1.37 on Wednesday, after announcing that Mitsubishi Corporation will acquire a 30 percent stake in its Copper World pro... Read More


Editas Medicine Shares Soar 35% On Synthetic Biology Market Growth Outlook

India, Aug. 13 -- Editas Medicine, Inc. (EDIT) jumped 35.15 percent to $3.09, rising $0.80 on Wednesday, after Custom Market Insights released a report projecting strong growth in the synthetic biolog... Read More


Australia Wage Growth Steady At 3.4%

India, Aug. 13 -- Australia wages growth remained stable in the June quarter, the Australian Bureau of Statistics said on Wednesday. The wage price index grew 3.4 percent on a yearly basis, the same ... Read More