Medical technology company Becton, Dickinson and Co. or BD has recalled one lot of ChloraPrep Clear 1 mL Applicators citing potential fungal contamination, the U.S. Food and Drug Administration said. Under certain environmental conditions, the contamination allows the growth of Aspergillus penicillioides within the packaging.
The U.S. Food and Drug Administration announced that Sanofi-Aventis U.S. LLC's Merilog (insulin-aspart-szjj) becomes the first rapid-acting insulin biosimilar product to get its approval for the treatment of diabetes in adults and pediatric patients. Merilog has been approved as biosimilar to Novolog (insulin aspart) for the improvement of glycemic control in adults and pediatric patients...
The U.S. Consumer Product safety Commission or CPSC has announced various recalls including Igloo's more than 1 million 90 Quart Rolling Coolers, Umarex USA's about 26,500 units of Air Pistols, Setsmart's about 22,500 units of LoGest Climbing Ropes, Target's Hanukkah Dino Menorahs, BlockBlueLight's rechargeable Portable Lamps with Lithium-Ion Batteries, as well as SHEIN Distribution Corp.'s...
The People's Bank of China maintained its interest rates unchanged for the fourth straight time on Thursday. The PBoC left its one-year loan prime rate unchanged at 3.10 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.60 percent. The decision matched expectations.
Producer prices data from Germany is the only major report due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to publish Germany's producer prices for January. Producer price inflation is forecast to rise to 1.3 percent from 0.8 percent in December.
The unemployment rate in Australia came in at a seasonally adjusted 4.1 percent in January, the Australian Bureau of Statistics said on Thursday - in line with expectations and up from 4.0 percent in December. The Australian economy added 44,000 jobs last month to 14,634,300, exceeding expectations...
Tuesday, President Donald Trump signed an Executive Order requiring all federal agencies to submit draft regulations for White House review. There is no "carve-out for so-called independent agencies, except for the monetary policy functions of the Federal Reserve," the order says. The order also makes it mandatory for all agencies to consult with the White House on their priorities and strategic
The foreign ministers of the United States and Russia are heading to Saudi Arabia for talks on the fate of the Ukraine war Tuesday. The United States will be represented by Secretary of State Marco Rubio, National Security Advisor Mike Waltz and special envoy to the Middle East Steve Witkoff, while on behalf of Russia, Foreign Minister Sergei Lavrov and President Vladimir Putin's aide Yuriy Ushak
Israeli Prime Minister Benjamin Netanyahu has vowed that "the gates of Hell would be opened" if Hamas does not release all the remaining hostages in its custody. He said this at a joint news conference with visiting U.S. Secretary of State Marco Rubio in Jerusalem Sunday. "I want to assure everyone who is now listening to us: President Trump and I are working in full cooperation and coordinatio
European stocks may open on a positive note Thursday after falling sharply in the previous session. A cautious undertone may prevail due to fears of a wide-ranging trade war and Fed policy uncertainty. Asian markets were broadly lower, the Japanese yen hit an over two-month high against the dollar...
Asian stock markets are trading mostly lower on Thursday, despite the broadly positive cues from Wall Street overnight, as the US Fed's minutes showed policymakers are more inclined to keep interest rates steady amid stubborn inflation. The continued concerns about the potential impact of higher tariffs to be imposed by the US on partner nations also hurt market sentiment.
The Thai stock market has moved higher in back-to-back sessions, collecting just over 5 points or 0.4 percent in that span. The Stock Exchange of Thailand now sits just above the 1,260-point plateau and it's looking at a steady start again on Thursday. The global forecast for the Asian markets murky...
Asian stocks advanced on Thursday after U.S. President Donald Trump said that he had a "lengthy and highly productive phone call" with President Vladimir Putin of Russia and that Ukraine's NATO membership is not "practical," raising expectations for an end to the war in Ukraine. Trump expects to meet...
The Philippine central bank unexpectedly left its interest rates unchanged after cutting it for three straight times amid heightened uncertainty over US trade policy. The Monetary Board of the Bangko Sentral ng Pilipinas decided to hold the target reverse repurchase rate at 5.75 percent. The interest rates on the overnight deposit and lending facilities were kept unchanged.
Eurozone industrial production registered a bigger-than-expected decline in December on sharp falls in capital a Industrial output fell 1.1 percent in December from November. The fall was deeper than the forecast of 0.6 percent also reversed the 0.4 percent increase in November. Among major industrial groupings, only non-durable consumer goods and energy production improved from the last month.
US Secretary of Defense Pete Hegseth has said that Ukraine's NATO membership is unrealistic. He called on European members of NATO to take the lead in providing support for Ukraine and Europe's security, and increase their contribution to the military alliance. The new US Defense Secretary addressed the war in Ukraine and European security in general while delivering remarks at the 26th meeting
Sintx Technologies, Inc. (SINT) is up 62.05 percent, rising $1.75 to trade at $4.57, after announcing the issuance of U.S. Patent No. 12,239,761, strengthening its intellectual property portfolio in silicon nitride innovation.
February 14, 2025 08:29 ET Federal Reserve Chair Jerome Powell’s testimony and inflation data were the highlights for the U.S. economics news flow this week. In Europe, survey data on investor morale and the quarterly economic output data from the U.K. were the main news. Inflation data from India was among the data that gained attention in Asia during the week.
Cryptocurrencies continue to trade on a muted note as fresh trade jitters and uncertainty ahead of the release of the FOMC minutes weighed on sentiment.
President Donald Trump has signed a memorandum requiring radical transparency regarding wasteful spending of taxpayer dollars by the federal government. It requires all departments and agencies to disclose details about terminated programs, cancelled contracts, and discontinued grants. The U.S. government has wasted taxpayer dollars on programs, contracts, and grants that do not serve the Americ
President Donald Trump has signed an Executive Order establishing the President's Make America Healthy Again Commission. Chaired by U.S. Health and Human Services Secretary Robert F. Kennedy Jr., the Commission is tasked with investigating and addressing the root causes of America's escalating health crisis, with an initial focus on childhood chronic diseases. The Commission is required to produ
President Donald Trump has signed an Executive Order consolidating his authority on U.S. foreign relations. The Order requires that all individuals involved in implementing the President's foreign policy do so under his authority and direction. It reasserts the Secretary of State's authority over Foreign Service Officers, Civil Service Officers, or other staff, under the supervision of the Presi
February is observed as American Heart Month, a period dedicated to raising awareness about heart health. The first American Heart Month was officially declared by President Lyndon B. Johnson in 1964.
After reporting a substantial increase by new residential construction in the U.S. in the previous month, the Commerce Department released a report on Wednesday showing housing starts pulled back by more than expected in the month of January. The Commerce Department said housing starts plunged by 9.8 percent to an annual rate of 1.366 million in January.
UK consumer price inflation accelerated to a 10-month high in January on higher airfares and food prices, data from the Office for National Statistics showed on Wednesday. The consumer price index logged a 3.0 percent rise in January, following December's 2.5 percent increase. This was the fastest growth since March 2024. Prices were forecast to climb 2.8 percent.
The Reserve Bank of New Zealand cut its interest rate further by 50 basis points on Wednesday and signaled more reductions this year to support economic growth. The Monetary Policy Committee of the Reserve Bank of New Zealand, led by Governor Adrian Orr, decided to lower the Official Cash Rate to 3.75 percent from 4.25 percent. The bank has lowered the rate by 175 basis points since August.
Consumer and producer prices from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news. At 1.00 am ET, Statistics Finland is set to publish final inflation figures for January.
Robert F. Kennedy, Jr. was sworn in as the Secretary of the U.S. Department of Health and Human Services by Associate Justice of the Supreme Court Neil Gorsuch. Immediately after the Oval Office ceremony, President Trump signed the "Establishing the President's Make America Healthy Again Commission" Executive Order to investigate and address the root causes of America's escalating health crisis,
Alma, Geordia-based Naturipe Value Added Fresh LLC is recalling its 2.1 oz./60 gram packages of "Berry Buddies, Berries & Pancakes" bento box snack packs citing the presence of undeclared allergens wheat and EGGS, according to the U.S. Food and Drug Administration.
When we believe we're being watched, our sensitivity to direct gaze increases, regardless of whether we're focused on a task or absorbed in our work.
Shares of Royal Philips N.V. were losing around 12 percent in the morning trading in Amsterdam as well as in pre-market activity on the NYSE, after the Dutch consumer electronics giant reported Wednesday a loss in its fourth quarter, compared to prior year's profit, amid nearly flat sales. Further, amid ongoing weakness in China, the company projects lower margin and comparable sales in its first
Shares of Southwest Airlines Co. were gaining around 2 percent in the pre-market activity on the NYSE after the airline announced around 15% reduction in its corporate workforce, the first time in its 53-year history, as part of its cost cut initiatives. Aiming for a leaner and more agile organization under its transformational plan, the company plans to reduce around 1,750 employee roles...
Southwest Airlines Co. announced a significant reduction in its workforce as part of a transformational plan to create a leaner, more agile organization. Approximately 1,750 roles, primarily within corporate overhead and leadership positions, will be eliminated, representing around 15% of corporate positions, including senior leadership and directors.
Indian shares opened on a sluggish note Thursday as tariff worries persisted, and the Fed's January policy meeting minutes revealed policymakers are inclined to hold interest rates steady amid stubborn inflation and economic-policy uncertainty. The benchmark S&P/BSE Sensex dipped 320 points, or 0.4...