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Fisker Inc appoints new Chief Technology Officer

November 5, 2023 2:23 pm
Fisker Inc said on Friday that it had appointed David King as its next Chief Technology Officer, effective immediately. He is to replace Burkhard Huhnke, who will leave the company due to personal reasons. As CTO, King will report to Chairman and Chief Executive Henrik Fisker and will head the company’s global engineering and software […] Read more

Spot Gold heads for first loss in 4 weeks ahead of US NFP data

November 3, 2023 12:10 pm
Spot Gold looked set to register its first weekly decline in four weeks and did not demonstrate any sizable movement on Friday, as investor focus now sets on the key US employment figures for October. The yellow metal has retreated 0.91% so far this week, following a 1.27% gain in the previous week. The commodity […] Read more

EUR/CAD steadies after losses ahead of Euro Area, Canada jobless data

November 3, 2023 8:29 am
The EUR/CAD currency pair steadied on Friday after recent string of declines ahead of unemployment figures due out of both the Euro Area and Canada. The seasonally-adjusted unemployment rate in the Euro Area probably remained steady at a record low level of 6.4% in September, according to market consensus. In August, the number of unemployed […] Read more

PayPal appoints new Chief Technology Officer

November 2, 2023 2:37 pm
PayPal Holdings Inc said on Thursday that it had appointed Archie Deskus as its next Chief Technology Officer. As CTO, she will oversee the company’s global technology, engineering and information organizations. Deskus has been Executive Vice President and Chief Information Officer (CIO) of PayPal since March 2022.  Prior to joining PayPal, Deskus was Senior Vice […] Read more

ITT to acquire Svanehøj in $395 million deal

November 2, 2023 10:53 am
ITT Inc said on Wednesday that it had signed an agreement to buy privately held Svanehøj Group A/S in a deal valued at approximately $395 million. Based in Svenstrup, Denmark, Svanehøj Group is a supplier of pumps and related aftermarket services with leading positions in cryogenic applications for the marine sector. The company’s product portfolio […] Read more

GBP/AUD slips to 1-month low as BoE policy decision looms

November 2, 2023 8:02 am
The GBP/AUD currency pair registered a fresh 1-month low on Thursday ahead of the Bank of England’s monetary policy decision later in the day. The central bank is largely expected to leave its policy interest rate at a 15-year high of 5.25% at its November meeting. The BoE has delivered 13 rate increases over the […] Read more

Zynex Inc announces share buyback program

November 1, 2023 3:34 pm
Zynex Inc, an innovative medical technology company, said on Wednesday that its board of directors had approved a program to buy back up to $20.0 million of its own common stock. The program is to begin on November 1st and is slated to end on the earlier of November 1st 2024, or when the $20.0 […] Read more

Bristol Myers names Christopher Boerner as Board Chair

November 1, 2023 10:07 am
Bristol Myers Squibb said on Tuesday that Christopher Boerner, Ph.D. had been unanimously elected to serve as Chair of the company’s Board of Directors. The appointment is to take effect on April 1st 2024. Boerner is to succeed Giovanni Caforio, who will step down as Chair and retire from the firm after 23 years of […] Read more

AMETEK agrees to acquire Paragon Medical in all-cash deal

October 31, 2023 2:20 pm
AMETEK Inc said on Tuesday that it had entered into a definitive agreement to buy Paragon Medical, a provider of highly engineered medical components and instruments, from affiliates of American Securities LLC. The all-cash transaction is valued at nearly $1.9 billion and is subject to customary closing conditions. Based in Pierceton, Indiana, Paragon Medical has […] Read more

BHP to invest additionally in its Jansen potash project

October 31, 2023 10:04 am
BHP Group on Tuesday announced plans to invest $4.9 billion in stage two of its Jansen potash project in Canada, as the company seeks to increase its capacity twofold. The miner had invested as much as $5.7 billion in stage one in 2021. According to the global mining company, the first stage is now 32% […] Read more