January 10, 2024 9:35 am
KULR Technology Group Inc, a leader in sustainable energy management, said on Tuesday that it had reduced its total workforce by about 15%. The announcement comes at a time, when KULR works to allocate resources to its key business priorities, while servicing recurring aerospace and defense contracts. The company streamlined operations at its headquarters in […]
Read moreJanuary 10, 2024 8:32 am
Spire Inc said on Tuesday that it had appointed Scott Doyle as Executive Vice President and Chief Operating Officer, effective January 15th. As COO, Doyle will oversee Spire’s gas utilities serving over 1.7 million customers in Alabama, Missouri and Mississippi. He has more than 25 years of experience within the utility industry. Most recently, he […]
Read moreJanuary 9, 2024 10:16 am
The seasonally-adjusted unemployment rate in the Euro Area was reported to have decreased to 6.4% in November from 6.5% in October. The latest figure matched the all-time low from June 2023. The number of unemployed persons dropped by 99,000 from the October level to 10.970 million, data by Eurostat showed on Tuesday. The youth unemployment […]
Read moreJanuary 9, 2024 9:05 am
Barclays said on Monday that it had reduced its workforce by about 5,000 in 2023 as part of a major cost-cutting initiative it had announced last year. Most of those cuts were in Barclays Execution Services, the lender’s support unit. “Barclays removed approximately 5,000 headcount globally through 2023 as part of its ongoing efficiency programme […]
Read moreJanuary 9, 2024 8:18 am
Trinity Capital Inc, a provider of diversified financial solutions to growth-stage businesses, said on Monday that it had funded a record $641.8 million of investments for the entire 2023. The company also said it had originated $340.7 million of total new commitments in the fourth quarter of 2023. This brought total new commitments for the […]
Read moreJanuary 8, 2024 12:10 pm
General Dynamics Corp said on Friday that it had appointed Kim Kuryea as its next Chief Financial Officer, effective February 15th. Currently, Kuryea serves as senior vice president of human resources and administration at the company. “Kim is a seasoned finance executive with over 20 years of varied financial experience with the company including CFO […]
Read moreJanuary 8, 2024 10:19 am
Retail sales in the Euro Area dropped at a monthly rate of 0.3% in November, in line with market consensus. It has been the steepest decrease in retail volume since August. The data followed a revised up 0.4% increase in October. Sales of food, beverages and tobacco dropped 0.1% month-over-month in November, a second straight […]
Read moreJanuary 8, 2024 8:52 am
Spot Gold retreated on Monday, set to extend the 0.84% loss from the previous week, ahead of the key US CPI inflation report on Thursday that could affect Federal Reserve’s rate outlook. The yellow metal came under pressure last week, as investors pared expectations of sizable and early interest rate cuts by the Fed this […]
Read moreJanuary 7, 2024 3:25 pm
Newmark Group Inc on Friday announced the pricing of an offering of $600 million aggregate principal amount of senior notes. The notes will be general senior unsecured obligations of the company and will pay interest semi-annually at a rate of 7.50% per year – on each January 12th and July 12th – and will mature […]
Read moreJanuary 6, 2024 3:03 pm
Apollo Silver Corp said on Friday that its Board of Directors had accepted a notice of retirement from Tom Peregoodoff, currently President and Chief Executive Officer. The effective date of Peregoodoff’s retirement as an executive is June 30th 2024. A succession process has been initiated, Apollo Silver said. “Tom has played a critical role in […]
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