December 11, 2023 8:26 am
The South African Rand was a notch weaker against the US Dollar on Monday, with the emerging market currency set to extend a 1.76% loss from last week ahead of key macro data. Market focus now sets on the US CPI inflation figures, due out on Tuesday, which may provide more clues over potential interest […]
Read moreDecember 10, 2023 10:29 am
Brown & Brown Inc said on Friday that it had agreed to acquire Automotive Business Solutions (ABS). ABS is a leading administrator of warranty products in the automotive aftermarket, as it provides nationwide parts and labor repair warranties, national road hazard programs and component-specific warranties. The ABS team will still be headed by Chief Executive […]
Read moreDecember 9, 2023 10:20 am
Acreage Holdings Inc said on Friday that Philip Himmelstein, who currently serves as Vice President of Financial Planning and Analysis, would assume the role of Interim Chief Financial Officer, effective December 31st. Carl Nesbitt has decided to step down from the role of Chief Financial Officer in pursuit of new opportunities, the company said. Nesbitt […]
Read moreDecember 8, 2023 12:17 pm
The US Federal Permitting Improvement Steering Council on Thursday gave final nod to the construction of a $1.5 billion offshore wind farm off the coast of Rhode Island. Known as Revolution Wind, the project is expected to generate a total of 704 megawatts of clean energy to Connecticut and Rhode Island. The project is run […]
Read moreDecember 8, 2023 8:26 am
Annual consumer price inflation in Germany was confirmed at 3.2% in November, or the lowest rate since June 2021. It has slowed from 3.8% in October. In monthly terms, German consumer prices decreased 0.4% in November, after registering zero growth in October. Last month, the main downward pressure came from a notable slowdown in food […]
Read moreDecember 8, 2023 7:26 am
Bitdeer Technologies Group said on Thursday that it had mined 403 Bitcoins in November. That figure represented a 12.8% decrease compared to October, mostly because of a temporary curtailment of power and the mining machines downclocking at the company’s mining facilities in Norway. On the other hand, November’s result represented an 81.5% surge compared to […]
Read moreDecember 7, 2023 10:52 am
ASSA ABLOY said on Thursday that it had acquired Ghost Controls, a US-based supplier of automated residential gate openers. Established in 2015, Ghost Controls currently employs about 40 people. The US company’s revenue for the full year 2022 stood at around $30 million (nearly SEK 300 million) with a strong EBIT margin. The acquisition will […]
Read moreDecember 7, 2023 8:26 am
Knightscope Inc, a developer of autonomous security robots and blue light emergency communication systems, said on Wednesday that it had appointed Apoorv S Dwivedi as its next Executive Vice President and Chief Financial Officer, effective January 2024. Meanwhile, Mallorie Burak, President and CFO, is to step down from those roles in early January in pursuit […]
Read moreDecember 6, 2023 12:27 pm
MYND Life Sciences Inc, a bio-pharmaceutical research and development company, announced on Tuesday that it had appointed John Campbell as President and Chief Executive Officer with immediate effect. Campbell has a vast experience in new business development, mergers, acquisitions and corporate turnarounds. Previously, Campbell was the President and Co-Founder of Odyssey Trust Company. He holds […]
Read moreDecember 6, 2023 10:21 am
Retail sales in the Euro Area rose at a monthly rate of 0.1% in October, while snapping a four-month streak of decreases or stagnant growth. In comparison, market consensus had pointed to a 0.2% growth. Consumer demand still remained weak because of persistently high inflation and higher interest rates. In October, sales of food, drinks […]
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