BioMarin Pharma rises on BMO upgrade to outperform

BioMarin Pharmaceutical (NASDAQ:BMRN) shares rose 2.5% on Wednesday after BMO analysts lifted the rating to Outperform from Market Perform as…

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.23%

Saudi Arabia stocks were lower after the close on Wednesday, as losses in the Media & Publishing, Transport and Hotels…

Knight-Swift shares slip as trucking giant warns of softer demand

Shares in Knight-Swift Transportation (NYSE:KNX) slipped on Wednesday after the trucking company warned that consolidated second-quarter results will be lower…

India cenbank seeks to give customers choice of card network

(Reuters) – The Reserve Bank of India (RBI) on Wednesday asked banks and non-bank lenders to issue credit, debit and…

Brookfield agrees to acquire American Equity Investment Life in $4.3 billion deal

Brookfield announced Wednesday that it reached a definitive agreement to acquire US-based American Equity Investment Life (NYSE:AEL) in a $4.3…

Wall Street slips as investors await Fed minutes

(Reuters) – Wall Street’s main indexes slipped on Wednesday as investors awaited minutes of the Federal Reserve’s June meeting for…

Morgan Stanley cuts oil price forecasts, sees surplus in H1 2024

(Reuters) – Morgan Stanley (NYSE:MS) on Wednesday lowered its oil price forecasts, predicting a market surplus in the first half…

Dollar steady before Fed minutes; yen hovers near 145-mark

(Reuters) -The U.S. dollar held steady against other major currencies on Wednesday as traders waited for minutes from the Federal…

Brent crude steady as economic fears offset supply cuts

(Reuters) – Brent crude oil prices were little changed on Wednesday as concern over the global economy countered supply cuts…

North America and Europe lead surge in global EV demand

Citi Research analysts reported a surge in demand for Battery Electric Vehicles (BEV) in May, with a 46% increase compared…