Miroslav Marinoff | Trading Pedia

Forex Market: AUD/USD pressured near 2-year lows even as RBA hikes rates for third straight month, flags further tightening

July 5, 2022 9:21 am

AUD/USD remained pressured near the two-year low from last week even after the Reserve Bank of Australia raised interest rates for a third consecutive month at its policy meeting earlier on Tuesday and signaled further tightening ahead in an attempt to bring surging inflation back under control. The RBA raised its cash rate by 50 […] Read more

Allegro announces the appointment of Roy Perticucci as its next CEO

July 5, 2022 6:23 am

E-commerce company Allegro announced on Monday it had appointed Roy Perticucci as its next Chief Executive Officer, effective September 1st. Perticucci will replace Francois Nuyts, who said in February he would part ways with the Polish firm. Nuyts, who is also director of the parent company Allegro.eu, is expected to step down from both roles […] Read more

Forex Market: US Dollar remains elevated as growth fears boost haven demand, risk-sensitive currencies under pressure

July 4, 2022 9:00 am

The US Dollar remained firm and risk-sensitive currencies were under pressure and in proximity to multi-year lows on Monday, as investors sought the relative safety of haven assets amid concerns over slowing global economic growth. Trade volumes are likely to remain thin on Monday due to the Independence Day holiday in the United States. The […] Read more

Lamborghini to invest 1.8 billion euros in hybrid lineup by 2024, CEO says

July 1, 2022 11:17 am

Lamborghini intends to invest EUR 1.8 billion in the production of a hybrid lineup by 2024, Il Sole 24 Ore reported, citing the supercar brand’s Chief Executive Officer Stephan Winkelmann. The Italian company plans to invest even more in a fully electric model by the end of the decade. “We have earmarked 1.8 billion, but […] Read more

ZoomInfo announces the appointment of Alison Gleeson to its board

July 1, 2022 7:33 am

ZoomInfo (ZI), a global leader in modern go-to-market software, data and intelligence, said on Thursday that it had appointed Alison Gleeson to its Board of Directors, effective July 1st. Previously, Gleeson was the Senior Vice President of Americas at Cisco, where she led almost 9,000 people and was responsible for over $25 billion in annual […] Read more

CN announces $55 million in investments in Minnesota

June 30, 2022 10:22 am

Canadian National Railway Company said on Wednesday that it intended to invest nearly $55 million in technology, capacity, rolling stock units and company-wide decarbonization initiatives in Minnesota this year. The investments are expected to drive “sustainable growth and ensure the continued safe movement of goods” in the region. “We continue to make significant investments in […] Read more

Commodity Market: WTI Crude Oil edges higher in volatile trade as investors weigh US fuel stock build, supply disruptions

June 30, 2022 8:39 am

Futures on US West Texas Intermediate Crude Oil traded a notch higher in a volatile session on Thursday, as market players weighed US fuel inventory build and global supply disruptions. The official report by the US Energy Information Administration (EIA) showed on Wednesday crude oil inventories had decreased by 2.762 million barrels during the week […] Read more

Nissan announces the recall of over 300,000 US SUVs

June 29, 2022 10:35 am

Nissan Motor Co (7201) said this week it would recall over 300,000 SUVs in the United States after reports of the vehicles’ hood suddenly opening and obstructing the driver’s view. According to the auto maker, accumulation of dirt and dust on the secondary hood latch could result in it staying open even if the hood […] Read more

Occidental shares close higher on Tuesday, Berkshire Hathaway expands stake in company to about 16.4%

June 29, 2022 8:10 am

Berkshire Hathaway Inc said earlier this week it had acquired another 794,389 shares of Occidental Petroleum Corp (OXY), which brought its stake in the Texas-based oil company to about 16.4%. According to a Berkshire regulatory filing, the new share purchases were conducted in a number of transactions at a total cost of about $44 million. […] Read more

Parsons Corp selected for Asheville regional airport expansion project

June 28, 2022 10:42 am

Parsons Corporation (PSN) said on Monday that it had been selected by the Greater Asheville Regional Airport Authority to provide program management, including evaluation, development and management of the terminal building modernization and expansion project. “Airports are vital connectors that stimulate economic growth and mobility,” Peter Torrellas, president, connected communities for Parsons, said in a […] Read more