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enCore Energy’s Chief Financial Officer resigns

December 22, 2023 10:23 am
enCore Energy Corp said earlier this week Carrie Mierkey had stepped down from the role of Chief Financial Officer, effective December 23rd. Dennis Stover has been named Interim Chief Financial Officer until the CFO search is concluded. A CFO search committee, which includes Chief Executive Officer Paul Goranson, Executive Chairman William Sheriff and Audit Committee […] Read more

GBP/JPY heads for 1st weekly gain in four after UK, Japan data sets

December 22, 2023 8:08 am
The GBP/JPY currency pair was mostly firmer on Friday and on course for its first gain in four weeks, after the latest UK data revealed the strongest monthly growth in retail trade since January. Retail sales in the UK rose 1.3% month-over-month in November after zero growth in October and well above market consensus of […] Read more

Hyliion Holdings announces stock buyback program

December 22, 2023 7:15 am
Hyliion Holdings Corp, which develops sustainable electricity producing technology, said earlier this week its Board of Directors had authorized a stock buyback program of up to $20 million of the company’s issued and outstanding common stock. The company had recently announced that it would wind down its powertrain operations and would concentrate future efforts on […] Read more

Pacira BioSciences appoints new Chief Executive Officer

December 21, 2023 1:54 pm
Pacira BioSciences Inc said on Thursday that Frank Lee had been appointed as its next Chief Executive Officer and a member of the Board, effective January 2nd 2024. The company had announced in September that David Stack would step down from his roles as Chief Executive Officer and Chairman of the Board, effective January 1st […] Read more

Movella Holdings’ current CEO to depart company

December 21, 2023 10:58 am
Movella Holdings Inc, a full-stack provider of sensors, software and analytics that enable the digitization of movement, said this week Ben Lee, its President and Chief Executive Officer, would leave the company in pursuit of other interests. Lee has stepped down as President, Chief Executive and as a member of Movella’s Board of Directors, effective […] Read more

WTI Crude on track to snap 3-day winning streak on US stock build

December 21, 2023 8:09 am
Futures on US West Texas Intermediate Crude Oil edged lower on Thursday and looked set to snap a three-day streak of gains, since demand-related concerns after an unexpected US crude stock build overshadowed worries over disruptions to global trade. WTI Futures rose over the past several days on investor concerns over trade disruptions, after major […] Read more

Mawson signs new customer co-location agreement

December 21, 2023 7:31 am
Mawson Infrastructure Group Inc, a digital infrastructure firm, said this week it had signed a new customer co-location agreement with Krypton Technologies LLC. Under the agreement, Mawson will provide Krypton with co-location services for 1,764 miners or about 6 MW at Mawson’s Midland, Pennsylvania sites. The initial term of the agreement is for 12 months, […] Read more

Archer-Daniels-Midland agrees to acquire UK-based FDL

December 19, 2023 3:51 pm
Archer-Daniels-Midland (ADM) said this week it had agreed to acquire UK-based FDL, which develops and produces premium flavor and functional ingredient systems. FDL operates 3 production facilities and 2 customer innovation centers located in the United Kingdom. The company employs about 235 people, including 40 dedicated innovation specialists. The acquisition is expected to be finalized […] Read more

Euro Area inflation rate confirmed at 28-month low

December 19, 2023 10:13 am
The annual inflation rate in the Euro Area was confirmed at 2.4% in November, final data showed, or the lowest level since July 2021. Prices increased at a slower rate for services (+4% YoY versus +4.6% YoY in October), non-energy industrial goods (2.9% YoY versus 3.5% YoY in October) and for food, alcohol and tobacco […] Read more

AUD/CAD stays near 25-week high amid buoyant sentiment, Canada CPI eyed

December 19, 2023 8:55 am
Having pulled back from a 25-week high, the AUD/CAD currency pair firmed on Tuesday, as risk sentiment remained buoyant on prospects the Federal Reserve could begin a rate-cutting cycle next year. Meanwhile, the minutes of the Reserve Bank of Australia’s December 5th policy meeting showed board members had considered raising interest rates for a second […] Read more