November 14, 2023 8:39 am
The GBP/JPY currency pair scaled a fresh 12-week peak on Tuesday, as the Japanese Yen continued struggling, while data showed UK wage growth had decelerated in the three months to September. Average weekly earnings, including bonuses, rose 7.9% year-on-year to GBP 673 per week in the three months to September, compared with market expectations of […]
Read moreNovember 13, 2023 3:17 pm
Arch U.S. MI Holdings, a wholly owned subsidiary of Arch Capital Group Ltd, said on Monday that it had entered into a definitive agreement to acquire RMIC Companies Inc and its subsidiaries. Once the deal is finalized, RMIC’s $1 billion risk in force portfolio will be integrated into Arch MI Holdings’ existing US primary mortgage […]
Read moreNovember 13, 2023 12:11 pm
Ajinomoto Co Inc said on Monday that it had entered into a definitive agreement to acquire Forge Biologics in an all-cash deal valued at $620 million. Forge is a viral vector and plasmid contract development and manufacturing organization and clinical-stage therapeutics company. “Forge has had remarkable growth since our founding in 2020, and we’re excited […]
Read moreNovember 13, 2023 10:05 am
The South African Rand was a notch firmer against the US Dollar on Monday, pulling back from over 1-week low, as market focus sets on US CPI inflation figures due out tomorrow. US headline CPI inflation is expected to have ticked up 0.1% month-over-month in October, according to market expectations, after another 0.4% rise in […]
Read moreNovember 13, 2023 9:01 am
The USD/JPY currency pair scaled a fresh 12 1/2-month peak on Monday ahead of the key US CPI inflation report, which could provide more clues over whether the Federal Reserve has done enough to curb price pressures. US headline CPI inflation is expected to have ticked up 0.1% month-over-month in October, according to market expectations, […]
Read moreNovember 10, 2023 2:25 pm
Soho House & Co Inc said on Friday that it had appointed Tom Collins as its next Chief Operating Officer, effective November 1st. During his 10-year tenure at Soho House, Collins has assumed a number of senior leadership roles. He began in UK operations and moved to management of the European region in April 2022. […]
Read moreNovember 10, 2023 10:36 am
Invesco Ltd, a global independent investment management firm, on Thursday reported preliminary assets under management (AUM) of $1,450.5 billion as of October 31st. That figure represented a 2.5% decrease compared to AUM as of September 30th. The company’s AUM performance was adversely affected by unfavorable market returns, which reduced AUM by $27 billion. And, as […]
Read moreNovember 10, 2023 7:49 am
UK’s economy has stalled during the third quarter of 2023, preliminary data showed on Friday. The nation’s Gross Domestic Product recorded zero growth quarter-on-quarter, which has been the weakest performance since Q3 of 2022. Still, the data came in above market consensus of a 0.1% contraction. On the production side, UK’s services sector shrank 0.1% […]
Read moreNovember 9, 2023 2:42 pm
Calian Group Ltd, a diverse solutions company that offers innovative healthcare, communications, learning and cyber security products and services, said on Thursday that it had entered into a definitive agreement to acquire 100% of the shares of Ottawa-headquartered Decisive Group Inc. The deal is valued at CAD 74.7 million. Decisive Group has a dominant presence […]
Read moreNovember 9, 2023 11:14 am
CCC Intelligent Solutions Holdings Inc on Thursday disclosed the pricing of a previously announced secondary offering of 65 million shares of its common stock by affiliates of Advent International L.P. (the “selling stockholders”). The price to the public has been set at $10.50 per share. The selling stockholders granted the underwriters a 30-day option to […]
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