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Italy - Factors to watch on June 5
The following factors could affect Italian markets on Thursday.Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).For a complete list of diary events in Italy please click on IT/DIA.POLITICSItaly's upper house of parliament on Wedne...
Reuters
Thu, Jun 5
Australia's Lynas surges as automakers flag risks from China's rare-earth export curbs
By Rajasik Mukherjee June 5 (Reuters) - Shares of Australia's Lynas Rare Earths LYC.AX climbed on Thursday to their highest point in more than two years, after global automakers warned that China's export restrictions on rare-earth materials could lead to production delays.As the world...
Reuters
Thu, Jun 5
PRECIOUS-Gold little changed as traders await US payroll data for economic clues
US economic activity dips as tariffs pressure prices, Fed saysTrump says Fed's Powell must lower interest rates Doubled tariffs kick in on steel and aluminium importsBy Anmol Choubey June 5 (Reuters) - Gold prices were little changed on Thursday as investors assessed weaker-than-expected U.S....
Reuters
Thu, Jun 5
Citi to cut 3,500 technology jobs in China as part of global revamp
HONG KONG, June 5 (Reuters) - Citigroup Inc C.N will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday, as part of its efforts to simplify and shrink its global tech operations to improve risk and data management.The reduction of staff
Citigroup Inc
Reuters
Thu, Jun 5
LIVE MARKETS-Switch 2 debuts but no fun-and-games in trade
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comSWITCH 2 DEBUTS BUT NO FUN-AND-GAMES IN TRADEA look at the day ahead in European and global markets from Rocky SwiftIt's Switch 2 D...
Reuters
Thu, Jun 5
GLOBAL MARKETS-Asian shares creep higher, dollar languishes before ECB
ECB expected to cut rates amid global economic uncertaintyGermany, Japan sending representatives to WashingtonSouth Korea's KOSPI hits 11-month high on election optimismBy Rocky Swift TOKYO, June 5 (Reuters) - Shares in Asia crept higher and the U.S. dollar languished ahead of the European Ce...
Reuters
Thu, Jun 5
UK Stocks-UK Factors to watch on June 5
June 5 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.06%.* COBALT HOLDINGS: Metals investor Cobalt Holdings said it would not proceed with its planned initial public offering on the London Stock Exchange.* RIO TINTO: Rio Tinto RIO.L is re...
Reuters
Thu, Jun 5
Indian drugmaker Dr Reddy's up on deal to develop cancer immunotherapy
** Dr Reddy's Laboratories REDY.NS climbs 3% to 1,288.70 rupees; top gainer on pharma index .NIPHARM, which is up 1%** Drugmaker partners with U.S.-listed Alvotech ALVO.O to develop a biosimilar for Merck's MRK.N cancer immunotherapy Keytruda** Says Keytruda, belonging to a class of immunoth...
Reuters
Thu, Jun 5
Swiss stocks - Factors to watch on June 5
ZURICH/GDANSK, June 5(Reuters) - Here are some of the main factors that may affect Swiss stocks on Thursday: COMPANY STATEMENTSHOLCIM HOLN.S The company acquired Langley Concrete Group Inc. in Canada.BURCKHARDT COMPRESSION HOLDING AG BCHN.SThe company posted full year sales of CHF 1,095.6 milli...
Reuters
Thu, Jun 5
GLOBAL MARKETS-Asian shares creep higher, dollar languishes before ECB
TOKYO, June 5 (Reuters) - Shares in Asia crept higher and the U.S. dollar languished ahead of the European Central Bank offering its policy outlook for a tumultuous global economy.
Reuters
Thu, Jun 5
MORNING BID EUROPE-Switch 2 debuts but no fun-and-games in trade
A look at the day ahead in European and global markets from Rocky Swift It's Switch 2 Day! The much-anticipated sequel to Nintendo's immensely successful portable gaming unit goes on sale around the world on Thursday. But don't bother trying to find one: They're all sold out.The ...
Reuters
Thu, Jun 5
Indian drugmaker Dr Reddy's up on partnership to develop cancer immunotherapy
** India's Dr Reddy's Laboratories REDY.NS climbs 2.2% to 1,278.80 rupees** Stock top gainer on pharma index .NIPHARM, which is trading 0.9% higher** Drugmaker partners with U.S.-listed biosimilars maker Alvotech ALVO.O to develop a biosimilar for Merck's MRK.N cancer immunotherapy Keytr...
Reuters
Thu, Jun 5
Australia's PainChek drops most in nearly 8 years on FDA approval delay
** PainChek PCK.AX plunges as much as ~31% to A$0.038; marks biggest intraday pct drop since June 18, 2017** Stock hits lowest since May 7** Medical devices maker flags potential delay in U.S. FDA clearance for its pain assessment app** Expects clearance by mid-to-late September instead of the first...
Reuters
Thu, Jun 5
Australia's Godolphin Resources soars on deal with Canada co
** Godolphin Resources GRL.AX jumps as much as 20% to A$0.012; marks biggest intraday pct gain since March 18** Stock hits highest since March 28** Diversified miner inks earn-in and joint venture agreement with Canadian mineral explorer Great Plains Metals GPS.V** Says GPS will earn up to 51% stake...
Reuters
Thu, Jun 5
Australia's Clarity Pharmaceuticals rises on cancer product progress
** Shares of Clarity Pharmaceuticals CU6.AX rise 9.4% to A$2.275, set for their best day since May 13, if gains hold** Earlier in the day, the radiopharmaceutical co hit its highest level since May 29** Co says results from diagnostic Phase II trial for Cu-SARTATE shows its safe and highly effective...
Reuters
Thu, Jun 5
Office Logix Shop Expands Sustainable Offerings Amid Rising Demand for Refurbished Office Furniture
Lewis Center, OH - June 05, 2025 - (SeaPRwire) - Office Logix Shop, a leading provider of refurbished office furniture and ergonomic accessories, is expanding its offerings in sustainable office solutions. Customer demand for environmentally conscious and cost-effective office furniture options drives this expansion.Office Logix Shop has become a market leader in high-quality refurbished chairs and custom ergonomic accessories. Their product line includes patented headrests for popular models such as the Herman Miller Aeron and Steelcase Leap V2.Its focus on sustainability aligns with current trends in the office furniture industry, where companies prioritize eco-friendly practices. The company refurbishes premium office chairs, which reduces waste and supports the circular economy by extending the lifecycle of existing furniture. This method resonates with businesses seeking to minimize their environmental footprint while maintaining high standards of comfort and productivity in the workplace.Sustainable Practices in Office FurnitureThe refurbished office furniture sector grew substantially in 2024, with analysts projecting a 15% annual rise. Businesses adopt more sustainable and budget-friendly solutions, reflecting a shift in corporate culture toward environmental responsibility and financial prudence. Office Logix Shop leads this movement, offering meticulously refurbished chairs that go through a thorough 9-point inspection process to maintain quality and comfort."Our focus on sustainability goes beyond reducing waste. Our high-quality, ergonomic solutions enhance workspaces and preserve the environment," said Obada Mzaik, co-founder and COO of the company. "We have observed a marked uptick in demand for refurbished office chairs, driven by both cost considerations and sustainability goals."Advanced Ergonomic SolutionsOffice Logix Shop's product line includes ergonomic headrests designed for popular chair models, which European markets praise for their workplace comfort and productivity improvements. The company crafts its headrests with adjustable mechanisms and premium materials for seamless integration with existing office chairs. This method enables businesses to upgrade their furniture without complete replacements, aligning with European sustainability initiatives.The company has developed various ergonomic accessories alongside its refurbished chairs, including the newly launched Steelcase Leap V2 Headrest. Customer demand sparked the creation of this product, which enhances the Leap V2 chair's design with superior ergonomics and adjustability. CEO Kamal Haykal noted that this development matches the impact of the chair's major redesign.Office Logix Shop goes beyond just refurbishing chairs and creating ergonomic headrests. Their commitment to sustainability extends to providing replacement parts for many high-end chairs. Instead of discarding a chair over a minor issue, Office Logix Shop sources a wide range of replacement parts to help users restore their chairs to perfect working conditions.Recognizing that not everyone has the technical know-how, they offer a comprehensive library of step-by-step video guides on their YouTube channel, making repairs easy even for those with no prior experience.The office furniture market evolves continuously, and sustainability remains paramount. Office design trends in 2024 highlight the value of green practices, including recycled materials and energy-efficient technologies. Office Logix Shop's sustainability work aligns with these trends. Its work offers businesses a path to enhance their environmental credentials while maintaining high standards of comfort and productivity."Our mission makes quality ergonomic office furniture accessible while promoting sustainable practices. We believe that our method benefits our customers and contributes to a more environmentally conscious future for the office furniture industry," Obada Mzaik emphasized.Visit Office Logix Shop Website to learn more about their sustainable office solutions.About Office Logix ShopOffice Logix Shop provides refurbished office furniture and ergonomic accessories. Obada Mzaik and Kamal Haykal founded the company in 2015, and it has grown from a garage operation to a full-scale business with a 60,000-square-foot warehouse in Lewis Center, OH. Office Logix Shop specializes in premium brands like Herman Miller and Steelcase, offering high-quality refurbished chairs, custom ergonomic accessories, and replacement parts designed for superior comfort and sustainability.Contact InformationBrand: Office Logix ShopContact: Obada Mzaik, Co-FounderEmail: info@officelogixshop.comWebsite: https://www.officelogixshop.com05/06/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Thu, Jun 5
Office Logix Shop Expands Sustainable Offerings Amid Rising Demand for Refurbished Office Furniture
Lewis Center, OH - June 05, 2025 - (SeaPRwire) - Office Logix Shop, a leading provider of refurbished office furniture and ergonomic accessories, is expanding its offerings in sustainable office solutions. Customer demand for environmentally conscious and cost-effective office furniture options drives this expansion.Office Logix Shop has become a market leader in high-quality refurbished chairs and custom ergonomic accessories. Their product line includes patented headrests for popular models such as the Herman Miller Aeron and Steelcase Leap V2.Its focus on sustainability aligns with current trends in the office furniture industry, where companies prioritize eco-friendly practices. The company refurbishes premium office chairs, which reduces waste and supports the circular economy by extending the lifecycle of existing furniture. This method resonates with businesses seeking to minimize their environmental footprint while maintaining high standards of comfort and productivity in the workplace.Sustainable Practices in Office FurnitureThe refurbished office furniture sector grew substantially in 2024, with analysts projecting a 15% annual rise. Businesses adopt more sustainable and budget-friendly solutions, reflecting a shift in corporate culture toward environmental responsibility and financial prudence. Office Logix Shop leads this movement, offering meticulously refurbished chairs that go through a thorough 9-point inspection process to maintain quality and comfort."Our focus on sustainability goes beyond reducing waste. Our high-quality, ergonomic solutions enhance workspaces and preserve the environment," said Obada Mzaik, co-founder and COO of the company. "We have observed a marked uptick in demand for refurbished office chairs, driven by both cost considerations and sustainability goals."Advanced Ergonomic SolutionsOffice Logix Shop's product line includes ergonomic headrests designed for popular chair models, which European markets praise for their workplace comfort and productivity improvements. The company crafts its headrests with adjustable mechanisms and premium materials for seamless integration with existing office chairs. This method enables businesses to upgrade their furniture without complete replacements, aligning with European sustainability initiatives.The company has developed various ergonomic accessories alongside its refurbished chairs, including the newly launched Steelcase Leap V2 Headrest. Customer demand sparked the creation of this product, which enhances the Leap V2 chair's design with superior ergonomics and adjustability. CEO Kamal Haykal noted that this development matches the impact of the chair's major redesign.Office Logix Shop goes beyond just refurbishing chairs and creating ergonomic headrests. Their commitment to sustainability extends to providing replacement parts for many high-end chairs. Instead of discarding a chair over a minor issue, Office Logix Shop sources a wide range of replacement parts to help users restore their chairs to perfect working conditions.Recognizing that not everyone has the technical know-how, they offer a comprehensive library of step-by-step video guides on their YouTube channel, making repairs easy even for those with no prior experience.The office furniture market evolves continuously, and sustainability remains paramount. Office design trends in 2024 highlight the value of green practices, including recycled materials and energy-efficient technologies. Office Logix Shop's sustainability work aligns with these trends. Its work offers businesses a path to enhance their environmental credentials while maintaining high standards of comfort and productivity."Our mission makes quality ergonomic office furniture accessible while promoting sustainable practices. We believe that our method benefits our customers and contributes to a more environmentally conscious future for the office furniture industry," Obada Mzaik emphasized.Visit Office Logix Shop Website to learn more about their sustainable office solutions.About Office Logix ShopOffice Logix Shop provides refurbished office furniture and ergonomic accessories. Obada Mzaik and Kamal Haykal founded the company in 2015, and it has grown from a garage operation to a full-scale business with a 60,000-square-foot warehouse in Lewis Center, OH. Office Logix Shop specializes in premium brands like Herman Miller and Steelcase, offering high-quality refurbished chairs, custom ergonomic accessories, and replacement parts designed for superior comfort and sustainability.Contact InformationBrand: Office Logix ShopContact: Obada Mzaik, Co-FounderEmail: info@officelogixshop.comWebsite: https://www.officelogixshop.com05/06/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Thu, Jun 5
The Next Gold Rush: Emerging Markets?
In this podcast, Motley Fool host Ricky Mulvey caught up with Jan van Eck, CEO of investment management firm VanEck, for a conversation about:The future of Social Security, de-dollarization, and demand for gold.Opportunities in China, India, and Brazil.What falls into Jan's "hated things" bucket.To ...
The Motley Fool
Thu, Jun 5
Japanese shares slip on caution over US economic outlook, stronger yen
TOKYO, June 5 (Reuters) - Japanese shares slipped on Thursday as weak U.S. economic data stoked caution toward the outlook of the world's largest economy, while a stronger yen hurt automakers.
Reuters
Thu, Jun 5
Astellas Chooses Veeva Vault CRM as Global Standard
Vault CRM will support Astellas' commercial agility and execution SINGAPORE, June 5, 2025 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced Astellas has chosen Veeva Vault CRM globally and Veeva China CRM for China. "At Astellas, we discover and deliver transformative t...
PR Newswire
Thu, Jun 5
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