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New Zealand GDP Data Due On Thursday

India, June 17 -- New Zealand will on Thursday release Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. In the previous three months, GDP was up 0.2... Read More


CarMax Inc. Bottom Line Falls In Q1

India, June 17 -- CarMax Inc. (KMX) announced a profit for first quarter that Dropped, from last year The company's bottom line totaled $185.63 million, or $1.31 per share. This compares with $210.38... Read More


Gold Prices Little Changed Ahead Of Fed Verdict

India, June 17 -- Gold prices were little changed on Wednesday after four straight days of gains and ahead of the Federal Reserve's rate decision later in the day. Spot gold was little changed at $4,... Read More


DAX Modestly Lower In Cautious Trade; BMW Down Sharply After Lowering Outlook

India, June 17 -- Despite coming off early lows, the German market remained in negative territory a little before noon on Wednesday, weighed down by sharp losses in auto stocks. The mood in the marke... Read More


Pound Falls As UK CPI Rises Less-than-expected

India, June 17 -- The British pound weakened against other major currencies in the European session on Wednesday, following the release of U.K. consumer inflation data in May. Data from the Office fo... Read More


Siemens Energy, NSORe Win Contract For 2-GW North Sea Grid Connection Project

India, June 17 -- Siemens Energy AG (SMNEY.PK) and Neptun Smulders Offshore Renewables (NSORe) have been awarded a contract by German transmission system operator 50Hertz for the North Sea Connector 2... Read More


Oil Prices Little Changed Near Three-month Lows

India, June 17 -- Oil prices edged up slightly on Wednesday, after having fallen sharply in the previous session on expectations of increased supply. Brent crude futures for August delivery were up 0... Read More


European Shares Subdued Ahead Of Fed Decision

India, June 17 -- European stocks were subdued on Wednesday as caution gripped markets ahead of the U.S. Federal Reserve's interest-rate decision later in the day and the signing of a peace deal betwe... Read More


U.S. Dollar Advances Amid Concerns Of Delay In Oil Output Recovery In Gulf

India, June 17 -- The U.S. Dollar value edged higher as energy experts warn of a delayed recovery in oil production and supply even if the upcoming U.S.-Iran peace deal holds. In addition, today's str... Read More


Novo Nordisk Faces Alleged Data Theft After Cyber Extortion Group Claims Massive Breach

India, June 17 -- Novo Nordisk B A/S (NVO), the Danish pharmaceutical firm, has announced it's looking into claims made by the cyber extortion group FulcrumSec, which alleges that over a terabyte of c... Read More