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UK Service Sector Growth Moderates In May
The UK service sector growth moderated in May as growth momentum in business activity and new orders softened from their 11-month highs reported in April, final survey data from S&P Global showed on Wednesday. The S&P Global services Purchasing Managers' Index dropped to 52.9 in May, in line with the flash estimate, from April's 11-month high of 55.0.
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Bank Of Canada Lowers Interest Rates By A Quarter Point As Widely Expected
Citing continued evidence that underlying inflation is easing, the Bank of Canada on Wednesday announced it has decided to lower interest rates by 25 basis points. The Bank of Canada reduced its target for the overnight rate to 4.75 percent, with the bank rate at 5.0 percent and the deposit rate at 4.75 percent.
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Archer Air Receives FAA Certification To Begin Operating Commercial Airline
Archer Aviation Inc. (ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced Wednesday that its subsidiary, Archer Air, has received its Part 135 Air Carrier & Operator Certificate from the Federal Aviation Administration (FAA).
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U.S. Mortgage Applications Tumble For Second Straight Week
Mortgage applications in the U.S. tumbled for the second consecutive week in the week ended May 31st, according to a report released by the Mortgage Bankers Association on Wednesday.
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Eurozone Private Sector Logs Fastest Growth In A Year
Eurozone private sector posted the fastest growth in a year in May as strong demand boosted production and hiring amid cooling inflation, the final Purchasing Managers' survey data compiled by S&P Global showed on Wednesday. The HCOB composite output index posted 52.2 in May, up from 51.7 in the previous month. The flash reading was 52.3.
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U.S. Private Sector Job Growth Slows More Than Expected In May
A report released by payroll processor ADP on Wednesday showed private sector job growth in the U.S. slowed by more than expected in the month of May. ADP said private sector employment climbed by 152,000 jobs in May after jumping by a downwardly revised 188,000 jobs in April.
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Rocky Mountain Appoints Jeff Geygan As Interim-CEO; Starlette Johnson As Board Chair
Rocky Mountain Chocolate Factory Inc. (RMCF) announced Wednesday that following the recent appointment Jeff Geygan as interim-CEO, he has yielded his position as Chair of the Board of Directors, in accordance with the Company's governance policies. The Board has elected Starlette Johnson to serve as Board Chair.
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Berita lainnya
UK New Car Sales Rise 1.7% In May, Retail EV Demand Falls: SMMT
Demand in the British car market rose for the twenty-second consecutive month in May and sales logged the best performance for the month since 2021, data from the Society of Motor Manufacturers & Traders, or SMMT, showed Wednesday. New car registrations grew by 1.7 percent annually to reach 147,628 units in May.
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Zhihu Appoints Bin Sun To Succeed Dahai Li As Chief Technology Officer
Online content community Zhihu Inc. (ZH) announced the appointment of Bin Sun as the Company's chief technology officer, effective immediately.
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U.S. Private Sector Employment Climbs Less Than Expected In May
A report released by payroll processor ADP on Wednesday showed private sector job growth in the U.S. slowed by more than expected in the month of May.
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Eli Lilly CFO Anat Ashkenazi Resigns
Eli Lilly and Co. (LLY) announced Wednesday that Anat Ashkenazi has resigned as chief financial officer to pursue a career opportunity outside of the pharmaceutical industry.
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I-Mab Inks Partnership With Bristol Myers Squibb To Evaluate Givastomig In Combination Study
Biotech company I-Mab (IMAB) announced Wednesday that it has entered into a clinical trial collaboration and supply agreement with Bristol Myers Squibb (BMY).
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Bay Street Likely To Open On Positive Note
Canadian shares look headed for a positive start Wednesday morning thanks to positive global cues. The focus will be the Bank of Canada's interest rate decision.
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