November 21, 2023 10:21 am
TC Energy (TRP) said in a statement that its Virginia Reliability Project had been approved by the US Federal Energy Regulatory Commission (FERC). The project is expected to add more than $500 million of economic value and to create over 3,500 jobs in the state. Columbia Gas Transmission’s Virginia Reliability Project represents an expansion project, […]
Read moreNovember 21, 2023 9:12 am
The AUD/CAD currency pair scaled a fresh 4-month peak on Tuesday, after the minutes from the Reserve Bank of Australia’s November meeting showed policy makers considered it crucial to prevent inflation expectations from rising significantly. That’s why the RBA had to raise its cash rate by 25 basis points to 4.35% earlier in November. Policy […]
Read moreNovember 20, 2023 5:13 pm
Spectra7 Microsystems Inc, a provider of high-performance analog semiconductor products for broadband connectivity markets, said on Monday that it had appointed David Mier as Interim Chief Financial Officer. Previously, the company had said that its Chief Financial Officer, Bonnie Tomei, would take a personal leave of absence, effective December 1st, due to a family medical […]
Read moreNovember 20, 2023 11:40 am
L&T Technology Services Limited, a global pure-play engineering services company, announced on Monday a collaboration with NVIDIA to develop software-defined architectures for medical devices focused on endoscopy. That solution comes as a response to the industry-wide challenges of availability, cost and dependencies associated with custom and proprietary hardware components. The architecture boasts an image processing […]
Read moreNovember 20, 2023 9:33 am
The South African Rand gave up earlier gains against a weaker US Dollar on Monday amid investor optimism that US interest rates may have reached a peak. The Rand was last 0.33% weaker against the greenback, with traders expecting South African CPI inflation report on Wednesday and a policy decision by the South African Reserve […]
Read moreNovember 18, 2023 12:03 pm
Albemarle Corporation, a global provider of essential elements for mobility, energy, connectivity and health, said on Friday that it had promoted Cynthia Lima to Senior Vice President, Chief External Affairs and Communications Officer. Cynthia Lima joined the company as Chief Communications Officer early in 2023 and has expanded her remit to include the global external […]
Read moreNovember 17, 2023 3:00 pm
Rithm Capital Corp said on Friday that it had finalized its previously announced acquisition of Sculptor Capital Management Inc for $12.70 per Class A share in a deal estimated at approximately $719.8 million. Sculptor’s common stock will now discontinue trading on the New York Stock Exchange and will be delisted. Citi acted as the sole […]
Read moreNovember 17, 2023 12:17 pm
Octopus Energy announced on Friday that its renewables investing arm and Japan’s Tokyo Gas had launched a dedicated fund, which is expected to invest GBP 3 billion in offshore wind projects by the end of the decade. The Octopus Energy Offshore Wind fund will invest in offshore wind farms and in businesses that create new […]
Read moreNovember 17, 2023 10:21 am
Sasol Limited said on Friday that it had appointed Simon Baloyi as President, Chief Executive Officer and executive director of the company, effective April 1st 2024. Simon Baloyi is to succeed Fleetwood Grobler, who will continue to serve as an executive advisor until December 31st 2024 in order to ensure a smooth and structured handover. […]
Read moreNovember 17, 2023 8:58 am
The GBP/SGD currency pair extended a pullback from recent 2-month high on Friday, after data showed UK retail sales had unexpectedly shrunk in October. Retail sales in the country decreased 0.3% month-over-month, compared with market expectations of a 0.3% growth, following a revised up 1.1% drop in September. Sales at food stores edged down 0.3% […]
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