October 26, 2023 7:17 am
EUR/CAD held mostly steady on Thursday, not far from recent six-week high, as market focus now sets on the ECB’s policy decision later in the day. The European Central Bank is largely expected to keep its main refinancing operations rate intact at a 22-year high of 4.5% on Thursday, following 10 consecutive rate hikes since […]
Read moreOctober 25, 2023 3:47 pm
Thrive Precision Health said on Wednesday that it had entered into a binding letter of intent to acquire 2 diabetes clinics in Arizona. The company is developing a standardized clinical footprint that can scale nationwide and internationally to offer Wound Care, IV Therapies, Neuropathy Treatment as well as enhanced complementary protocols. Each clinic will offer […]
Read moreOctober 25, 2023 12:17 pm
Universal Stainless & Alloy Products Inc said on Wednesday that it had appointed Christopher Zimmer as its next President and Chief Executive Officer. The appointment will take effect on November 1st. Zimmer will also have a seat on the Board of Directors of Universal Stainless. He is to succeed Dennis Oates, who will assume the […]
Read moreOctober 25, 2023 9:11 am
The AUD/CAD currency pair scaled a fresh seven-week peak on Wednesday on the back of a surprisingly strong Australian CPI inflation print and ahead of a policy decision by the Bank of Canada later in the day. Australia’s consumer prices surged 1.2% quarter-on-quarter in Q3, picking up from a 0.8% gain in the second quarter […]
Read moreOctober 25, 2023 7:24 am
Stellantis on Tuesday announced plans to establish a joint venture with French nuclear fuels company Orano with the aim to recycle used electric vehicle batteries and scrap materials from its gigafactories across Europe and North America. Such a venture is expected to ensure additional access for the auto maker to the cobalt, nickel and lithium […]
Read moreOctober 24, 2023 11:56 am
According to the International Energy Agency, a strong increase in production of liquefied natural gas will push prices down, but there is also a risk of a supply glut. In its latest World Energy Outlook report, the Paris-based agency said that an “unprecedented surge” in LNG projects, which would come online from 2025, would likely […]
Read moreOctober 24, 2023 8:38 am
Private sector activity in the Euro Area registered a fifth consecutive month of contraction in October and also the steepest decline since November 2020, as both the manufacturing and services sectors continued to shrink. Euro Area’s Composite Purchasing Managers’ Index (PMI) was reported at a preliminary 46.5 in October, falling from a final reading of […]
Read moreOctober 24, 2023 7:41 am
The GBP/JPY currency pair registered a fresh two-week high on Tuesday, after data showed UK’s adjusted experimental unemployment rate had risen in the three months leading up to August, while Japan’s factory activity had contracted for a fifth successive month in October. Provisional data by the Office for National Statistics showed UK’s adjusted unemployment rate […]
Read moreOctober 24, 2023 6:08 am
Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm, said on Monday that it had acquired New York-based Rosenzweig Insurance Agency Inc. However, the company did not disclose any financial details of the agreement. Rosenzweig Insurance Agency is a full-service insurance broker with pharmacy expertise, which serves a client […]
Read moreOctober 23, 2023 12:44 pm
Ooma Inc said on Monday that it had acquired 2600Hz Inc, a leader in modern and flexible business communications applications targeted at resellers and carriers. The deal was valued at about $33 million in cash. 2600Hz is anticipated to add nearly $7 million in annual recurring revenue to Ooma Inc. The deal, which was finalized […]
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