October 5, 2024 12:19 pm
Retail sales in Italy unexpectedly shrank in August, the latest data by the National Institute of Statistics showed. Sales dropped 0.5% from a month ago in August, while offsetting a 0.5% surge in July. In comparison, a consensus of analyst estimates had pointed to a 0.2% rise. In August, retail turnover for non-food items dropped […]
Read moreOctober 4, 2024 12:27 pm
General Dynamics Electric Boat Corp (NYSE: GD) has secured a $243.799 million cost-plus-fixed-fee order to provide unique parts and specialized material, including initial spares, for Virginia-class submarines. Work is to be performed in Groton, Connecticut, and is slated to be completed by September 2028, the US Department of Defense said. Naval Sea Systems Command, Washington, […]
Read moreOctober 4, 2024 8:51 am
The USD/SGD currency pair was mostly flat on Friday, trading not far from a two-week high of 1.2984, as concerns over rising geopolitical risks and the potential impact on global economic growth weighed on market sentiment. Yesterday US President Joe Biden abstained from directly condemning the potential for Israel to target Iran, while Tel Aviv […]
Read moreOctober 4, 2024 7:11 am
Spot Gold traded in proximity to an all-time high of $2,685.64 per troy ounce on Friday, as it drew support from its safe-haven status amid heightened Middle East tensions. Yesterday US President Joe Biden abstained from directly condemning the potential for Israel to target Iran, while Tel Aviv had pledged to retaliate against the Islamic […]
Read moreOctober 3, 2024 11:29 am
Enterprise Products Partners (NYSE: EPD) said on Wednesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.525 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on November 14th to shareholders of record as of the close of […]
Read moreOctober 3, 2024 10:24 am
Sweden’s services sector has contracted in September, the latest data by Swedbank showed. The Services Purchasing Managers’ Index was reported at a reading of 49.1 in September, down from a revised down 52.4 in August. It pointed to the first contraction in activity since May. The sub-indexes of new orders (49.9 versus 53.6 in August), […]
Read moreOctober 3, 2024 7:01 am
Annual consumer price inflation in Switzerland has eased to 0.8% in September from 1.1% in August, the latest data by the Swiss Federal Statistical Office showed. The latest CPI figure came below market consensus of 1.1%. It also pointed to the lowest annual rate since September 2021. In September, prices were lower for: – food […]
Read moreOctober 2, 2024 8:57 am
Zoom Video Communications (NASDAQ: ZM) said on Tuesday that it had appointed Michelle Chang as its next Chief Financial Officer, effective October 7th. Chang has over 25 years of experience in financial leadership roles. Most recently, she served as Corporate Vice President and CFO of Microsoft’s Commercial Sales & Partner Organization. Chang will head Zoom’s […]
Read moreOctober 2, 2024 7:09 am
GXO Logistics Inc (NYSE: GXO) said on Tuesday that it had formed a new strategic partnership with Forum Sport, a leader in the distribution of sports equipment. GXO will ensure B2B and B2C order preparation and distribution, returns and other value-added activities from two warehouses – in Vitoria and Basauri, North of Spain. The company’s […]
Read moreOctober 1, 2024 10:24 am
Alterity Therapeutics (NASDAQ: ATHE) said on Monday that it had appointed Abby Macnish Niven as its next Chief Financial Officer, effective September 30th. Macnish Niven has considerable experience in private wealth management with corporate groups such as ANZ, UBS and Ord Minett. Macnish Niven is to replace Phillip Hains, who has served as CFO since […]
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