January 16, 2024 8:14 am
The GBP/JPY currency pair edged lower on Tuesday, after data showed UK wage growth had decelerated further in the three months to November, which reinforced investor expectations of sharp interest rate cuts by the Bank of England this year. Average weekly earnings, including bonuses, rose 6.5% year-on-year to GBP 666 per week in the three […]
Read moreJanuary 15, 2024 5:40 pm
Victoria Gold Corp said on Monday that its Eagle Gold Mine had produced 41,982 ounces of gold in the fourth quarter of 2023. Meanwhile, full-year 2023 gold production amounted to 166,730 ounces, up from 150,182 ounces in 2022. “The Eagle Gold Mine achieved our 2023 production guidance of 160,000-180,000 ounces of gold,” John McConnell, President […]
Read moreJanuary 15, 2024 2:16 pm
Sandvik said on Monday that it had received its biggest ever order for surface drill rigs at a value of SEK 248 million. The order from Country Boy Supply LLC includes 34 surface drill rigs to replace the firm’s current contractor fleet in Georgia and Tennessee, US. The order was booked in the fourth quarter […]
Read moreJanuary 15, 2024 10:52 am
The Euro Area posted a trade surplus of EUR 20.3 billion in November, or well above market consensus of EUR 11.2 billion. The figure also compares with a EUR 13.8 billion trade deficit in November 2022. Total imports shrank 16.7% year-on-year to EUR 232.2 billion in November, data by Eurostat showed. Total exports dropped 4.7% […]
Read moreJanuary 15, 2024 9:19 am
Germany’s economy shrank 0.3% in 2023, the Federal Statistical Office said on Monday, following a revised down 1.8% expansion in the previous year. The latest figure came in line with market consensus. Persistently high inflation coupled with rising interest rates throughout the year weighed on economic activity and demand – both domestically and abroad. Output […]
Read moreJanuary 14, 2024 3:58 pm
Lucid Group Inc (LCID) said that it would recall more than 2,040 of its Air luxury electric sedans because of a faulty component. The recall affects Lucid Air sedans from model years 2022 and 2023, which may have problematic high voltage coolant heaters (HVCH). ”The HVCH supplies warm air for both cabin heat and defrost […]
Read moreJanuary 14, 2024 12:59 pm
Voya Financial Inc said on Friday that Robert Leary had been elected to its Board of Directors, effective January 8th. Leary has over three decades of experience in the asset management, employee benefits, retirement, insurance and annuities industries. At present, he is a senior advisor at Leapfrog Investments, a private investment company which invests in […]
Read moreJanuary 14, 2024 8:35 am
Green Mining Innovation said on Friday that it had appointed Luc Dubé as its new Chief Financial Officer, effective January 15th. Dubé is to succeed Daniel Bélisle, who stepped down from the CFO role on December 31st, and will remain as an adviser. Meanwhile, Pierro Chicoine, the company’s current Chief Compliance Officer, has been acting […]
Read moreJanuary 13, 2024 2:20 pm
Lowe’s Companies Inc said on Friday that it had appointed Margi Vagell as Executive Vice President, Supply Chain, effective March 1st. She is to succeed Don Frieson, who has served as Lowe’s Executive Vice President, Supply Chain since 2018, and notified the company last year that he would retire on April 1st. Vagell has assumed […]
Read moreJanuary 13, 2024 11:54 am
Rackspace Technology, an end-to-end, hybrid multicloud technology solutions company, said on Friday that it had appointed Mark Marino as its next Chief Financial Officer with immediate effect. He is to succeed Naushaza “Bobby” Molu, who has resigned as CFO to pursue a new opportunity in the United Kingdom. Marino joined the company as Vice President, […]
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