Page 5 - M Ml News Today

India's federal fiscal deficit during April-September, the first half of the current fiscal year, stood at 5.27 trillion rupees ($70.4 billion) or 35% of the budgeted target for the whole year, government data showed on Friday.

Novartis said on Monday its canakinumab drug had failed in another trial, missing targets to improve overall survival rates for lung cancer patients and prevent the progression-free survival of people with the condition.

British supermarket Sainsbury's said on Friday it had ended talks about selling its banking operation after concluding that approaches it received in November 2020 did not offer good value for shareholders.

Canada's annual inflation rate accelerated to an 18-year-high in September, driven by high gas prices, soaring housing costs and rising food prices, data showed on Wednesday, putting the focus on the Bank of Canada ahead of a rate decision next week.

British fashion house Burberry has named Jonathan Akeroyd as its new chief executive officer from next April, poaching the boss of Milan-based Versace and former Alexander McQueen head to succeed Marco Gobbetti.

Money transfer company Wise Plc said on Tuesday that its revenue was 132.8 million pounds ($182.97 million) in the second quarter, a rise of 25% from the same period last year.

Britain's competition regulator plans to launch an investigation into music streaming to see whether a sector dominated by platforms such as Spotify and Apple works for consumers.

Valneva reported positive Phase III results on Monday for its inactivated, adjuvanted COVID-19 vaccine candidate VLA2001, lifting its shares in a boost for the French biotech company after Britain cancelled a big deal to buy its shot.

Global education group Pearson said enrolments at community colleges in the United States had been hit by a recent surge in COVID-19 cases and a tight labour market, limiting growth and sending its shares to their lowest level since January.

The pace of headline inflation in Sweden picked up to its highest level in more than a decade in September, data published on Thursday showed, though the central bank is unlikely to react unless price pressures become persistent.