October 11, 2023 6:17 am
Trex Company Inc, a leading brand of high-performance, low-maintenance and eco-friendly composite decking and railing, said on Tuesday that it had appointed Brenda Lovcik as its next Senior Vice President and Chief Financial Officer, effective October 23rd. Lovcik’s most recent role was Chief Financial Officer, Global Products, Global Supply Chain and Global FP&A at Johnson […]
Read moreOctober 10, 2023 1:24 pm
TrueBlue, a provider of specialized workforce solutions, said on Tuesday that it had promoted Carl Schweihs to the role of Chief Financial Officer from his current position as President and Chief Operating Officer of the company’s PeopleManagement division. The appointment will take effect on October 30th. Schweihs is to succeed Derrek Gafford, who is parting […]
Read moreOctober 10, 2023 9:45 am
Sales of Mercedes-Benz vehicles registered a 4% drop in the third quarter due to model changes and lack of parts, the auto maker said on Tuesday. Mercedes-Benz delivered a total of 510,600 vehicles between July and September, according to wholesale sales figures. Vehicle sales in Europe increased 12% in the latest quarter. On the other […]
Read moreOctober 10, 2023 7:17 am
The USD/ZAR currency pair remained stuck within a narrow range on Tuesday prior to the release of the results of a national census – the fourth in post-apartheid South Africa. Yesterday the Rand, along with other risk-sensitive currencies, retreated after the clash between the Palestinian group Hamas and Israeli forces rattled global markets, triggering a […]
Read moreOctober 9, 2023 2:49 pm
American Vanguard Corporation said on Monday that its subsidiary, AMVAC LATAM, had acquired Punto Verde, a distributor in Guayaquil, Ecuador, in a move aimed to bolster its product portfolio in Latin America. However, the company did not disclose any financial details of the transaction. “We are pleased to have completed the acquisition of Punto Verde […]
Read moreOctober 9, 2023 10:20 am
Private bank Banca Generali may consider acquisitions of small banks and family offices in Italy and Switzerland, according to a report by Reuters, citing the lender’s Chief Executive Officer Gian Maria Mossa. “Organic growth always remains the focus, but we are open to acquisitions, both in Italy and Switzerland. We look at small banks, but […]
Read moreOctober 9, 2023 7:43 am
The USD/JPY currency pair remained mostly steady on Monday, as both the US Dollar and the Japanese Yen – traditional safe haven assets – drew support from souring risk sentiment stemming from geopolitical tensions in the Middle East. Market sentiment dampened after the Palestinian group Hamas over the weekend launched the bloodiest attack on Israeli […]
Read moreOctober 6, 2023 1:12 pm
Aon Plc said on Friday that it had agreed to acquire Global Insurance Brokers, a leading provider of risk management, insurance and reinsurance broking services in the Indian subcontinent. The deal is subject to regulatory approval. Global Insurance Brokers will operate under Aon’s brand and business model under the direction of Jon Pipe, Chief Executive […]
Read moreOctober 6, 2023 9:41 am
The United Arab Emirates announced the launch of its first commercial-sized wind project as part of a renewables push prior to hosting the COP 28 climate summit in November. With a capacity of 103.5 megawatt, the project, which is managed by renewable energy company Masdar, is expected to power over 23,000 households per year. Masdar, […]
Read moreOctober 6, 2023 7:48 am
Futures on US West Texas Intermediate Crude Oil looked set to register their most notable weekly decline since March on concerns that interest rates, remaining elevated for longer, could hinder global growth and also weigh on fuel demand. Concerns over higher-for-longer US interest rates and a widening US budget deficit drove US Treasury prices down […]
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