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HP And OpenAI Launch Frontier Partnership To Drive AI-Powered Transformation

WASHINGTON (dpa-AFX) - HP Inc. (HPQ) announced a strategic partnership with OpenAI to deploy powerful AI-driven solutions through the Frontier platform. This collaboration is designed to accelerate HP's transformation and growth initiatives, enhancing both customer-facing experiences and internal o…

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Stocks US
dpa_afx

China Bourse May Test Support At 4,000 Points

BEIJING (dpa-AFX) - The China stock market on Friday wrote a finish to the two-day winning streak in which it had collected almost 15 points or 0.4 percent. The Shanghai Composite Index now sit just above the 4,025-point plateau and it may spin its wheels again on Monday.The global forecast for the…

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index
dpa_afx

Oversold Japan Shares May Tick Higher On Monday

TOKYO (dpa-AFX) - The Japan stock market turned emphatically lower again on Friday, one session after snapping the two-day slide in which it had tumbled almost 3,200 points or 4.2 percent. The Nikkei 225 now sits just above the 69,360-point plateau although it may see a mild rebound on Monday.The g…

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index
NEWS dpa_afx

Japan Retail Sales Data Due On Monday

TOKYO (dpa-AFX) - Japan will on Monday release May numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. Sales are expected to rise 3.1 percent on year, up from 2.1 percent in April.Japan also will see May figures for construction orders and housing starts; in April…

dpa-AFX en
Economy

GameStop Pushes Ahead With Bid For EBay Despite Board Rejection

SAN JOSE (dpa-AFX) - GameStop Corp. (GME) announced that it remains focused on advancing its proposed acquisition of eBay Inc. The company emphasized its commitment to pursuing the transaction despite recent developments.GameStop currently expects to generate Adjusted EBITDA in excess of $600 milli…

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Stocks US
dpa_afx

FDA Declines To Approve Sobi's NASP To ?treat Uncontrolled Gout

STOCKHOLM (dpa-AFX) - Swedish Orphan Biovitrum AB (SWOBY) on Friday announced that the U.S. Food and Drug Administration has issued a Complete Response Letter (CRL) for the Biologics License Application (BLA) for NASP (nanoencapsulated sirolimus plus pegadricase) for the treatment of adult patients…

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Stocks SE
NEWS dpa_afx

U.S. Dollar Drops Against Most Majors

BRUSSELS (dpa-AFX) - The U.S. dollar fell against its most major counterparts in the New York session on Friday.The greenback fell to a 1-week low of 0.8066 against the franc and 3-day lows of 1.1433 against the euro and 1.3232 against the pound.The currency is seen finding support around 0.76 agai…

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Forex
dpa_afx

U.S. Dollar Slides As Plummeting Crude Oil Prices Ease Inflation Pressures

WASHINGTON (dpa-AFX) - The U.S. Dollar value inched lower extending yesterday's losses as U.S. Federal Reserve interest-rate-hike concerns eased after Thursday's U.S. economic data release. In addition, today's plunge in crude oil prices diminished oil-linked inflationary concerns.The U.S. Dollar I…

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Forex
dpa_afx

Crude Oil Plummets As Shipping Traffic Across The Hormuz Strait Speeds Up

WASHINGTON (dpa-AFX) - Reversing the gains from yesterday's session, crude oil prices have plunged on Friday as optimism increases on resumption of oil flow from the Arab, region overshadowing a sudden projectile attack incident on a cargo ship sailing across the Strait of Hormuz yesterday.WTI Crud…

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Futures
dpa_afx

Swiss Market Ends Weak

BRUSSELS (dpa-AFX) - The Switzerland market ended on a weak note on Friday after languishing in negative territory throughout the day's trading session. Profit taking, concerns about valuations in the tech sector and uncertainty about Iran peace deal weighed on the market.The benchmark SMI ended do…

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index
NEWS dpa_afx

Lehi Valley Recalls Chocolate Covered Raisins Over Undeclared Peanuts

WASHINGTON (dpa-AFX) - Lehi Valley Trading Company has recalled 624 units of its High Valley Orchard Chocolate Covered Raisins because the product may contain undeclared peanuts, posing a risk of serious or life-threatening allergic reactions for people with peanut allergies.The recalled product wa…

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Stocks US