Dr. Reddy's Laboratories Ltd. is recalling Levetiracetam in 0.75% Sodium Chloride Injection in the United States citing mislabeling of infusion bag, according to the U.S. Food and Drug Administration. The recall involves one Batch/Lot No: A1540076 of Levetiracetam in 0.75% Sodium Chloride Injection, 1,000 mg/100 mL (10 mg/mL) single-dose infusion bags to the consumer level.
German chemical and consumer goods major Henkel AG & Co. KGaA reported Tuesday higher profit in fiscal 2024 amid slight growth in sales. The company also issued positive outlook for fiscal 2025, and announced a double-digit percentage increase in the dividend, and up to 1 billion euros share buyback. Meanwhile, shares of Henkel were down around 10 percent in the German trading after the firm...
The U.S. Consumer Product safety Commission or CPSC has announced various recalls including slot cars, stroller fans, avalanche transceivers, reagent bottles, and children's bathrobes, among others. Round 2 has called back Auto World Unassembled Deluxe Pit Kit Slot Cars citing risk of ingestion and violation of federal regulations for magnets; Luv n' care is recalling Nuby Stroller Fans...
The UK economy logged an unexpected contraction at the start of the year on a sharp fall in production, official data revealed on Friday. Gross domestic product shrank 0.1 percent on a monthly basis in January, following a growth of 0.4 percent in December, the Office for National Statistics reported. GDP was expected to grow 0.1 percent.
Monthly GDP estimate, industrial production and foreign trade figures are due from the UK, headlining a busy day for the European economic news. At 3.00 AM ET, the Office for National Statistics releases UK GDP, industrial output and external trade data. The economy is forecast to grow 0.1 percent on a monthly basis in January, following a 0.4 percent gain in December.
South Korea will on Friday release February figures for its export and import price indexes, highlighting a light day for Asia-Pacific economic activity. In January, the export price index was up 8.5 percent on year, while the import price index climbed an annual 6.6 percent. New Zealand will see...
The UK has revoked the accreditation for a Russian diplomat and a diplomatic spouse in retaliation for Russia's expulsion of a British diplomat and the spouse of another diplomat earlier this week. A government grants accreditation in recognition of a foreign diplomat's status. The British officials were expelled from Russia on Monday accusing them of spying. The UK Foreign Office denied the a
The United States responded to the European Union's countermeasures against US tariff on steel and aluminum by saying that EU's trade and economic policies are "out of step with reality". "If the EU acted as quickly to address global excess capacity as it does to punish the United States, we likely would be in a different situation today. The EU's punitive action completely disregards the nationa
Ukraine's Energy Minister German Galushchenko said the country's energy infrastructure and gas production facilities came "under massive missile and drone shelling" by Russia overnight. At least 18 people, including four children, were injured in the attacks, reports quoting local authorities said. The southern port city of Odesa and the eastern city of Kharkiv were heavily bombed. Ukraine's en
Asian stocks ended mostly higher on Friday after U.S. Senate Minority Leader Chuck Schumer said he plans to vote for a Republican bill to fund the government through September, helping ease worries about a potential federal government shutdown. The dollar was broadly firm as U.S. President Donald...
European stocks are likely to open higher on Friday amid signs the U.S. may avert a looming government shutdown after Senate Democratic leader Chuck Schumer announced he's ready to start the process of considering a Republican-led government funding bill that has fiercely divided Democrats. That said,...
Asian stock markets are trading mixed on Friday, following the broadly negative from Wall Street overnight, as traders remain cautious and concerned about global economic growth amid the ongoing trade war. Some traders also looked to pick up stocks at a bargain after the recent slump in the markets. Asian markets ended mostly lower on Thursday.
Thursday, President Donald Trump signed an Executive Order to establish a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, with the aim of positioning the United States as a leader among nations in government digital asset strategy. The Order creates a Strategic Bitcoin Reserve that will treat bitcoin as a reserve asset. The Strategic Bitcoin Reserve will be capitalized with bitcoi
FBI has added Canadian drug lord Ryan James Wedding to its Ten Most Wanted Fugitives List. In addition, the U.S. Department of State's Bureau of International Narcotics and Law Enforcement Affairs announced a reward of up to $10 million for information leading to his arrest and/or conviction. Wedding...
The UK government has has lifted asset freezes on 24 Syrian entities that were previously used by the Assad regime to fund the oppression of the Syrian people They include the Central Bank of Syria, Syrian Arab Airlines, and energy companies. "This approach underscores our commitment to help the...
Shares of Ulta Beauty Inc. (ULTA) gained around 7 percent in the after-hours trading on Thursday after the specialty beauty retailer reported fourth-quarter earnings above market estimates, and issued fiscal 2025 outlook, expecting higher sales. The company also announced plans for share repurchases...
March 12, 2025 09:36 ET It seems like there’s no respite from layoffs, and this week, we highlight a company that halved its workforce. In other news, a new study has found that dogs and humans share a common gene in an epidemic disease. Barely days after a US drug maker reduced the price of its weight-loss drug, a Danish drug maker has also made a similar move. On a brighter note, promising results from a mid-stage trial offer hope for refractory chronic cough, suggesting potential relief for patients.
A softer-than-expected inflation update from the U.S. Bureau of Labor Statistics for the month of February failed to boost crypto market sentiment meaningfully.
The US Department of Education has started downsizing its workforce to almost half. As part of the Trump Administration's policy to improve economic efficiency, various departments have slashed their sizes. When President Donald Trump was inaugurated, the Education Department's strength was 4,133....
March is recognized as Awareness Month for several diseases, including Colorectal Cancer, Cerebral Palsy, Deep Vein Thrombosis, Endometriosis, Essential Tremor, Kidney Cancer, Multiple Sclerosis, and others.
A report released by the Labor Department on Thursday unexpectedly showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended March 8th. The Labor Department said initial jobless claims edged down to 220,000, a decrease of 2,000 from the previous week's revised level of 222,000. The dip surprised economists, who had expected jobless claims to inch up to 225,000.
With an increase in prices for goods offset by a decrease in prices for services, the Labor Department released a report on Thursday showing producer prices in the U.S. were unexpectedly flat in the month of February. The Labor Department said its producer price index for final demand was unchanged in February after climbing by an upwardly revised 0.6 percent in January.
Euro area industrial production recovered at a stronger-than-expected pace in January due to the rebound in intermediate and capital goods output, official data revealed Thursday. Industrial output grew 0.8 percent on a monthly basis in January, reversing a 0.4 percent fall in December, Eurostat reported. Output was expected to climb 0.5 percent.
Demand for residential property declined to the lowest since 2023 and agreed sales turned negative and house prices logged a subdued growth in February as the stamp duty deadline approaches, the Royal Institution of Chartered Surveyors, or RICS, said on Thursday. Buyer demand weakened in February with the balance falling to -14 percent from -1 percent in January. This was the weakest result since
A recent study has revealed that women who experienced premature menopause had a higher risk of Type 2 diabetes, with the risk increasing as the age of menopause decreased. Menopause marks a major hormonal shift in a woman's life, influencing metabolism, insulin sensitivity, and overall glucose control. While the role of estrogen in these processes is well known, the impact of menopause timing on
Smiths Medical, affiliated to infusion therapy company ICU Medical, Inc., has called back various sizes of Intubation ORAL/NASAL Endotracheal Tube products for an urgent medical device correction, according to the U.S. Food and Drug Administration. The 2.0, 2.5, 3.0 and 3.5 mm sizes of Intubation ORAL/NASAL Endotracheal Tube products are being smaller than expected...
Little Leaf Farms is recalling a specific lot code of its Southwest Salad Kits citing the potential presence of undeclared fish and wheat, known allergens, according to the U.S. Food and Drug Administration. The recalled Southwest Salad Kit comes in individual clamshell with lot number 050011 as the first six digits and Enjoy By Date of 03/08/2025.
Discount store major Dollar General Corp. reported Thursday weak fourth-quarter profit, and issued fiscal 2025 earnings outlook below the Street. However, Dollar General shares were gaining around 9 percent in the pre-market activity on the NYSE after the firm projects higher net sales and same-store sales in fiscal 2025 after reporting improved quarterly sales results.
Close on the heels of signing an agreement with one of India's telecom majors Airtel, Elon Musk's SpaceX signed a deal with the country's another tycoon Jio Platforms Ltd, affiliated to Billionaire Mukesh Ambani's Reliance Industries, to offer Starlink satellite Internet services in the country.
Shares of Puma SE were sinking more than 24 percent in the morning trading in Germany after the sportswear maker on Wednesday warned on weak earnings in its first quarter and fiscal 2025 and trimmed dividend, despite reporting significantly higher profit in its fourth quarter with strong sales.
Indian stock markets remain closed today for Holi. Benchmark indexes Sensex and Nifty ended down around 0.3 percent each on Thursday, giving up early gains as tariff worries overshadowed Ukraine and Fed rate-cut optimism. The rupee surged 17 paise to settle at 87.05 against the U.S. dollar, extending...