European Economics Preview: Germany Flash Inflation Data Due

Flash inflation from Germany and economic sentiment survey results from the euro area are the major reports due on Tuesday. At 2.00 am ET, Statistics Sweden is set to release retail sales, foreign trade and revised GDP

European Shares May Follow Asian Peers Higher In Cautious Trade

European stocks are likely to open on a steady note Tuesday after China reported a drop in the number of daily infections for the first time in more than a week and the country's regulator announced new measures to

Google, IHeartMedia Get $9.4 Mln Fines Over Deceptive Pixel 4 Ads

The Federal Trade Commission or FTC and several states have sued Google LLC and iHeartMedia, Inc. for deceptive advertisements promoting the Pixel 4 smartphone. The state judgments require the companies to pay $9.4

Asian Shares Rise On China Reopening Buzz

Asian stocks rose on Tuesday, with mainland China and Hong Kong markets leading the surge, as China reported a slight dip in new COVID-19 infections and China reopening rumors swirled ahead of a press conference later in

DAX Edges Higher Ahead Of Inflation Data

German stocks eked out modest gains on Tuesday as nationwide unrest in China over COVID curbs eased and the country said it would bolster vaccination among its senior citizens, a move regarded by health experts as

CAC 40 Edges Higher On China Hopes

French stocks edged higher on Tuesday after Beijing rolled out more stimulus measures and speculation mounted that the Chinese government was considering the scaling back of its anti-COVID policies following countrywide

FTSE 100 Gains On China COVID Optimism

U.K. shares rose notably on Tuesday amid hopes that anti-lockdown protests may pressure the Chinese government into eventually relaxing its zero-COVID policy.

BioCryst Says ORLADEYO Approved By Israeli Ministry Of Health To Prevent Hereditary Angioedema

BioCryst Pharmaceuticals, Inc. (BCRX) announced Monday that the Israeli Ministry of Health has granted marketing authorization for oral, once-daily ORLADEYO (berotralstat) to prevent attacks of hereditary angioedema

US Foods Appoints Dave Flitman As New CEO

Foodservice distributor US Foods Holding Corp. (USFD) announced Monday that Dave Flitman will become Chief Executive Officer (CEO), effective January 5, 2023. Flitman will also be a member of the US Foods Board of

Pound Weakens As European Stocks Drop On China Worries

The pound declined against its most major counterparts in the European session on Monday, as COVID protests in several major cities in China dragged down European shares.