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Norway’s unemployment rate stable at 4.1% in June

July 25, 2024 7:33 am
The seasonally adjusted unemployment rate in Norway was reported to have remained stable at 4.1% in June. The number of unemployed individuals remained steady from a month ago at 123,000, data by Statistics Norway showed. At the same time, the number of employed individuals rose by 7,000 to 2.888 million in June. And, the youth […] Read more

South Africa’s CPI inflation lowest since December 2023

July 25, 2024 6:44 am
Annual consumer price inflation in South Africa has eased to 5.1% in June from 5.2% in the preceding two months, data by Statistics South Africa showed. It has been the lowest inflation rate since December 2023. Last month, inflation eased for: – food and non-alcoholic beverages (4.6% YoY from 4.7% YoY in May); – housing […] Read more

Wells Fargo increases quarterly dividend to $0.40

July 24, 2024 10:58 am
Wells Fargo & Company (NYSE: WFC) said on Tuesday that its Board of Directors had authorized a regular quarterly cash dividend of $0.40 per share of common stock. The latter represents an increase of 14.28% compared to the previous quarterly dividend of $0.35 per share. The dividend will be paid on September 1st to shareholders […] Read more

Backblaze Inc appoints Chief Revenue Officer

July 24, 2024 9:08 am
Backblaze Inc (NASDAQ: BLZE) said on Tuesday that it had appointed Jason Wakeam as its first Chief Revenue Officer. Having almost three decades of global leadership experience, Wakeam brings a proven track record of driving growth and innovation at technology companies. Previously, Wakeam was vice president of global sales at SnapLogic. He had also assumed […] Read more

Atkore appoints John Deitzer as Chief Financial Officer

July 24, 2024 7:00 am
Atkore Inc (NYSE: ATKR), which manufactures electrical products for commercial, industrial, data center, telecommunications and solar applications, said on Tuesday that David Johnson had resigned as Vice President, Chief Financial Officer and Chief Accounting Officer, effective August 9th. In connection with Johnson’s departure from the firm, John Deitzer has been appointed as Vice President and […] Read more

Singapore CPI inflation lowest since August 2021

July 23, 2024 1:30 pm
Annual consumer inflation in Singapore has slowed to 2.4% in June from 3.1% in May, data by Statistics Singapore showed. It has been the lowest level since August 2021. The actual figure compares with market consensus of 2.7%. Last month, inflation eased for: – housing & utilities (3.7% YoY from 3.8% YoY in May); – […] Read more

CMS Energy announces $0.515 quarterly dividend

July 23, 2024 10:37 am
CMS Energy (NYSE: CMS) said on Monday that its Board of Directors had authorized a regular quarterly cash dividend of $0.515 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on August 30th to shareholders of record as of the close of business […] Read more

Valaris secures $498 million contract for offshore Brazil project

July 23, 2024 8:49 am
Valaris Limited (NYSE: VAL) said on Monday that it had secured a multi-year contract with Equinor Energy do Brasil Ltda., a subsidiary of Equinor ASA, for drillship VALARIS DS-17. The contract is associated with work offshore Brazil on Project Raia. The estimated total contract value is nearly $498 million, while the contract has an estimated […] Read more

CRH announces the acquisition of Ary Corp

July 23, 2024 7:22 am
CRH PLC (NYSE: CRH) said on Monday that it had acquired Ary Corporation, a provider of building materials solutions based in Canon City, Colorado. Ary Corporation complements CRH’s Americas Materials Solutions business in the western United States, as it expands the company’s aggregate reserves position by adding over 25 sand and gravel locations. Ary Corp […] Read more

New Zealand’s trade surplus highest since May 2020

July 22, 2024 1:34 pm
New Zealand’s trade surplus has expanded to $699 million in June, data by Statistics New Zealand showed, from $204 million in May. The figure outstripped market consensus of $294 million and pointed to the highest trade surplus since May 2020. Total imports plunged 13% year-on-year to $5.5 billion in June, the data showed. Imports dropped […] Read more