Sensex, Nifty Settle Lower On Interest Rate Concerns

Indian shares ended lower on Tuesday, with the Sensex going down for a third straight session, as data showing a stronger than expected acceleration in U.S. services sector activity raised concerns the Federal Reserve

Swiss Franc Showing Weakness Against Majors

The Swiss franc dropped against its major counterparts in the European session on Tuesday amid safe-haven status, as comments from European Central Bank chief economist Philip Lane soothed concerns about inflation and

NRG Energy To Acquire Vivint Smart Home For $2.8 Bln In Cash

NRG Energy, Inc. (NRG) and Vivint Smart Home, Inc. (VVNT) announced Monday they have entered into a definitive agreement under which NRG will acquire Vivint for $12 per share or $2.8 billion in an all-cash transaction.

UK Construction Growth Slows Amid Weak Demand, Recession Worries

The UK construction sector expanded for the third consecutive month in November, but there was a renewed slowdown in growth amid subdued demand and reduced risk appetite among clients, while rising interest rates and

Fed Jitters Drag CAC-40

The CAC-40 followed Asian and European peers to trade in the negative zone amidst data showing strong economic activity in the U.S. that threatened to jeopardize the Fed's commitment to moderate interest rate increases.

European Stocks Drifting Lower As Rate Concerns Continue To Weigh

European stocks are down in negative territory on Tuesday with investors largely staying cautious amid renewed concerns the Federal Reserve will continue with its aggressive interest rate hikes after recent upbeat jobs

Indian Rupee Weakens To Near 5-week Low Against U.S. Dollar

The Indian rupee was lower versus the U.S. dollar in the evening session on Tuesday, as strong U.S. economic data raised concerns that the Federal may raise interest rates more than expected.

Pfizer, Clear Creek Bio Ink Research Collaboration To Develop Oral Treatment For COVID-19

Pfizer Inc. (PFE) and Clear Creek Bio, Inc. announced Monday a research collaboration and exclusive license agreement to advance the discovery and development of potential inhibitors of the SARS-CoV-2 papain-like

TSX Ends Notably Lower As Strong U.S. Data Raises Interest Rate Concerns

The Canadian market ended notably lower on Monday, weighed down by concerns about more aggressive policy moves by the Fed after data showed an unexpected acceleration in U.S. services sector activity in the month of

Australia Rate Decision On Tap For Tuesday

The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is widely expected