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Archer-Daniels-Midland increases dividend to $0.50

January 26, 2024 10:51 am
The Board of Directors of Archer-Daniels-Midland Co announced a quarterly cash dividend payable to shareholders in the amount of $0.50 per share. It represents an increase of 11.1% compared to the prior quarterly dividend of $0.45. The dividend will be paid on February 29th 2024 to shareholders of record on February 8th 2024, the company […] Read more

Hyzon delivers 4 FCEVs to Performance Food Group

January 26, 2024 9:43 am
Hyzon Motors Inc said it had delivered 4 heavy-duty fuel cell electric vehicles (FCEVs) to food distributor and supplier Performance Food Group in a joint ceremony, held at PFG’s Vistar facility in Fontana, California. Hyzon’s hydrogen FCEVs are able to achieve an estimated travel range of up to 350 miles and have an expected refueling […] Read more

Jacobs Engineering increases dividend to $0.29

January 26, 2024 8:15 am
The Board of Directors of Jacobs Engineering announced a quarterly cash dividend payable to shareholders in the amount of $0.29 per share. It represents an increase of 11.5% compared to the prior quarterly dividend of $0.26. The dividend will be paid on March 22nd 2024 to shareholders of record as of the close of business […] Read more

US economy expands more than expected in fourth quarter

January 25, 2024 1:47 pm
The US economy grew at an annualized rate of 3.3% during the fourth quarter of 2023, while outstripping market consensus of a 2% growth, preliminary data showed. Consumer spending growth slowed (2.8% YoY versus 3.1% YoY in the third quarter), while consumption of services accelerated (2.4% YoY versus 2.2% YoY in Q3). Government spending also […] Read more

Drax to establish carbon removal business

January 25, 2024 10:40 am
UK’s Drax said that it intended to establish an independent business with a focus on delivering large-scale and high-integrity carbon removal. The new entity will be operationally separate within the Drax Group and will be based in Houston, US. The business will be headed by Laurie Fitzmaurice, a senior energy infrastructure expert who has almost […] Read more

EUR/CAD trades at 1-week high ahead of ECB policy decision

January 25, 2024 8:17 am
The EUR/CAD pair traded in proximity to a one-week high on Thursday, as focus sets on the outcome of the European Central Bank’s policy meeting later today. The ECB is largely expected to maintain interest rates steady at multi-year highs, but still, market players will be watching closely ECB President Christine Lagarde’s press conference for […] Read more

Apollo Medical announces new CEO appointment

January 24, 2024 1:59 pm
Apollo Medical Holdings Inc, a provider-centric, technology-powered healthcare company, said on Wednesday that Co-CEO Brandon Sim had been appointed as President and Chief Executive Officer, effective January 19th. Meanwhile, Thomas Lam has stepped down as President and Co-CEO and will serve as Vice Chairman of the Board of Directors. “It has been an honor to […] Read more

Low-emissions power generation to meet demand growth

January 24, 2024 10:48 am
The International Energy Agency said in a report on Wednesday that power generated from low-emissions sources – wind, solar and nuclear, would be sufficient in order to meet growth in global demand over the upcoming three years. The IEA said that electricity generation from low-emissions sources would account for nearly 50 percent of global power […] Read more

USD/ZAR: Rand off 3-month low ahead of CPI, SARB decision

January 24, 2024 8:13 am
The South African Rand gained against the US Dollar, while pulling back from a three-month low, ahead of South African CPI inflation report and South African Reserve Bank’s (SARB) policy decision on Wednesday and Thursday respectively. The SARB is largely expected to leave its benchmark interest rate without change at 8.25% at its January meeting. […] Read more

TotalEnergies announces acquisition of Kyon Energy

January 23, 2024 1:46 pm
TotalEnergies said on Tuesday that it had agreed to acquire the entire share capital of Kyon Energy, a leading developer of battery storage systems in Germany. The transaction includes a EUR 90 million upfront payment and some earn out payments associated with the achievement of development targets. Kyon Energy has developed 770 MW of projects […] Read more