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Alembic Pharmaceuticals Shares Jump 3% After US FDA Tentatively Approves Larotrectinib Capsules
Alembic Pharmaceuticals shares rose nearly 3% in trading after the company announced that the US Food and Drug Administration (FDA) granted tentative approval for its Larotrectinib capsules. The development marks a positive milestone for the Indian pharmaceutical company as it continues to expand its presence in the regulated US market. The announcement triggered strong investor…
Brent Oil Falls to $91.76, WTI to $88.88 as Diplomatic Efforts Ease Oil Rally
Brent Oil prices slipped to $91.76 per barrel, while West Texas Intermediate (WTI) dropped to $88.88 per barrel, as renewed diplomatic efforts eased concerns over supply disruptions. The decline comes after several weeks of volatility driven by geopolitical tensions and supply uncertainty in key oil-producing regions. The global energy market has been highly sensitive to…
Blue Owl Opens Abu Dhabi Office as Middle East Expansion Continues
Blue Owl Capital opens Abu Dhabi regional headquarters to expand alternative asset management presence in the Middle East.
Wizz Air Gains 5% After Posting €139.7 Million Profit, Well Above Estimates
Wizz Air shares climbed around 5% in trading after the airline reported a stronger-than-expected profit of €139.7 million, significantly beating market estimates. The results highlight a solid recovery in European air travel demand and improved operational efficiency across the airline’s network. The performance comes at a time when the aviation sector is closely watched by…
Gold Falls to 7-Month Low at $4,020 as US Inflation Hits 4.2%, June 11
Gold at $4,020/oz, 7-month low, as 4.2% US inflation fuels Fed rate hike expectations. Year-end targets: $3,800–$5,500.
Canadian Armed Forces Faces Recruitment Crisis, June 11
Canadian Armed Forces faces recruitment challenges as government reviews military staffing and defense strategy priorities.
European IT Stocks Lose UBS ‘Attractive’ Rating Following Strong 40% Surge
European IT Stocks have been one of the biggest winners in global equity markets over the past year. The sector saw a powerful rally of nearly 40%, driven by artificial intelligence excitement, strong earnings, and renewed investor confidence in tech growth. But now the story is changing. We are seeing a shift in tone from…
Vestum Shares Soar 28% After Agreeing to Sell Flowa Technology for SEK 6.5 Billion
Vestum shares surged nearly 28% after the Swedish investment company announced an agreement to sell Flowa Technology for SEK 6.5 billion, marking one of the biggest market moves of June 2026. The deal immediately caught investors’ attention, as it highlights Vestum’s efforts to unlock value and strengthen its financial position. With the transaction expected to…
Sensex Gains 200+ Points, Nifty Tops 23,200; DOMS Industries Jumps 7.3% on Reynolds India Deal
Indian stock markets traded higher as the BSE Sensex gained more than 200 points and the NSE Nifty crossed the 23,200 mark, supported by buying in select large-cap and mid-cap stocks. Investor sentiment improved after strong interest in banking, FMCG, and stock-specific developments, with DOMS Industries emerging as one of the biggest gainers of the…