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Abeona stock rises on new data for rare skin disorder drug
Gorodenkov Abouna Remedies (Nasdaq: ABEO) reported additional data from a phase 3 trial of EB-101 for the treatment of recessive dystrophic epidermolysis bullosa (RDEB) at the International Societies for Investigative Dermatology (ISID)…
Bank of England raises key interest rate to 4.5% and forecasts higher inflation
The Bank of England raised interest rates a quarter of a percentage point to 4.5 percent, as it warned it would not reach its inflation target until 2025.A seven-to-two majority on the central bank's Monetary Policy Committee said…
Netflix CEO Sarandos: writer’s strike why he won’t accept award
Citing the current Hollywood writers' strike, Netflix CEO Ted Sarandos will not attend next week's PEN America Gala in Manhattan, when he would have accepted the Business Visionary Award. PEN America will not present the award this year,…
President Ruto to spend Sh100bn on new trains, SGR revamp
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President Ruto spends 100 billion shillings on new trains and renovating the SGR
Thursday, May 11, 2023
A freight train at the port of Mombasa. file image | NMG
President William Ruto's administration boosted…
Over half of UK gig economy workers earn below minimum wage
New research has found that more than half of workers in the UK's gig economy are paid less than minimum wage, with a quarter reporting that the nature of their work puts their safety at risk.
In a study by the University of Bristol,…
ECB’s Nagel Says Nothing Off the Table for September Meeting
Article content (Bloomberg) -- European Central Bank Governing Council member Joachim Nagel refused to rule out the possibility of continued interest rate increases beyond the summer. Article content Asked in an interview with Bloomberg…
IMF cuts Israel’s 2023 growth forecast
The International Monetary Fund cut Israel's GDP growth forecast for 2023 to 2.5% from 2.9% in its latest forecast in March 2023. Israel recorded GDP growth of 6.5% in 2022.
The International Monetary Fund writes…
China COSCO SHIPPING subsidiary climbs on German nod of port terminal deal By Reuters
© Reuters. FILE PHOTO: The 'Cosco Shipping Gemini' cargo ship of Chinese shipping company 'Cosco' is loaded at the 'Tollerort' container terminal in the port of Hamburg, Germany, October 25, 2022. REUTERS/Fabian Bemmer
(Reuters) -…
Dow Jones Futures Rise After Nasdaq Hits 2023 High, But Curb Your Enthusiasm
Dow futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures.
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The stock market ended mixed Wednesday, amid a CPI inflation report and a big move by Google's parent company. the alphabet (Google). The…
Nutrien posts wide Q1 earnings miss but sees demand rising in H2 (NYSE:NTR)
iamporpla/iStock via Getty Images Nutrients (New York Stock Exchange: NTR) -3.7% aftermarket on Wednesday after missing estimates by a wide margin for first-quarter adjusted earnings and revenue, citing lower realized prices across all…
