Articles

  • 1 week ago | gurutrade.com | Pushkala Aripaka |Varun H K

    April 15 (Reuters) - British consumer healthcare group Haleon on Tuesday said it gained full control of its Chinese joint venture after acquiring Tianjin Pharmaceutical Da Ren Tang's 12% stake for about 1.62 billion yuan ($221.4 million). The joint venture, Tianjin TSKF Pharmaceutical Co (TSKF), was founded in 1984 and manufactures and distributes over-the-counter products under Haleon's brands in China, such as burn ointment Fenbid and topical antibiotic Bactroban.

  • 1 week ago | gurutrade.com | Rahul Paswan |Anushree Mukherjee |Rashmi Aich |Varun H K

    Gold's upward trend remains intact, says analyst Fed's Bostic says US central bank should stay on hold until there is clarity on tariffs Bullion hit record high in the last session April 15 (Reuters) - Gold prices rose on Tuesday amid continued uncertainty over U.S. President Donald Trump's tariff plans and its impact on the global economy. Spot gold was up 0.6% to $3,229.93 an ounce, as of 0501 GMT, not far from Monday's record high of $3,245.42.

  • 1 week ago | gurutrade.com | Junko Fujita |Tom Hogue |Varun H K |Rashmi Aich

    TOKYO, April 14 (Reuters) - Japan's Nikkei share average ended higher on Monday, as iPhone-related shares jumped after the United States excluded smartphones and other electronics from steep tariffs. The Nikkei gained 1.18% to close at 33,982.36, after gaining as much as 2.22% earlier in the session. The broader Topix rose 0.88% to end at 2,488.51. "The market is still swayed by various headlines," said Yugo Tsuboi, chief strategist at Daiwa Securities.

  • 1 week ago | gurutrade.com | Sarita Singh |Varun H K

    NEW DELHI, April 11 (Reuters) - India's industrial output in February was its weakest since August 2024, hurt by slowing manufacturing and mining sector growth, government data released on Friday showed. Industrial output grew 2.9% year-on-year in February, missing the 4% growth expected by economists polled by Reuters. Industrial output declined 0.1% in August. The growth rate was revised to 5.2% in January, from the initial estimate of 5%.

  • 3 weeks ago | gurutrade.com | Sukriti Gupta |Medha Singh |Varun H K |Eileen Soreng

    Healthcare sector set to erase yearly gains after 2.2% drop Svitzer shares surge after A.P. Moller Holding's cash offer Grifols shares jump on potential Brookfield takeover bid White House tariff announcement planned for 2000 GMT Europe plans proportionate response to U.S. tariffs - Ferracci April 2 (Reuters) - European shares fell on Wednesday, weighed by losses in healthcare stocks, while investors were on edge ahead of reciprocal tariffs from the United States that are feared to herald an...

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