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Cineverse and Whip Media announce partnership

September 21, 2023 3:42 pm
Cineverse Corp, a global streaming technology and entertainment company, said on Thursday that it had partnered with Whip Media, a leading enterprise software platform. Through its Content Value Management platform, Whip Media will assist Cineverse in automating and more efficiently managing content partner royalty payments for its extensive distribution network. Cineverse distributes content from hundreds […] Read more

CEVA announces appointment of new Chief Strategy Officer

September 21, 2023 1:13 pm
CEVA Inc, a licensor of wireless connectivity and smart sensing technologies, said on Thursday that it had appointed Iri Trashanski as its new Chief Strategy Officer. Most recently, Trashanski served as Vice President and General Manager of Data Center at GlobalFoundries, where he achieved an impressive growth in annual revenue and profitability. Before that, he […] Read more

USD/NOK: Krone gains as Norges Bank hikes policy rate to 4.25%

September 21, 2023 9:33 am
The Norwegian Krone firmed to an intraday high against the US Dollar on Thursday, after Norway’s central bank hiked interest rates at its September meeting and said it would likely raise them once again in December. Norges Bank raised its key policy rate by 25 basis points to 4.25% earlier on Thursday, in line with […] Read more

AUD/USD hits 1-week low as Fed reinforces hawkish stance

September 21, 2023 7:31 am
The Australian Dollar retreated to a fresh one-week low against its US counterpart on Thursday, after the Federal Reserve left interest rates intact, but toughened a hawkish monetary policy stance. As a result, the US Dollar scaled a fresh six-month peak against a basket of major peers and US Treasury yields surged to levels unseen […] Read more

TotalEnergies, Adani Group to form 1,050 MWac renewables JV

September 20, 2023 1:10 pm
TotalEnergies and Adani Green Energy Limited announced on Wednesday that they had entered into a binding agreement to establish a new, equally owned joint venture with a 1,050 MWac portfolio. The latter will consist of a mix of 300 MWac already operational, 500 MWac under construction and 250 MWac under development assets. Under the agreement, […] Read more

Gas supply disruptions can trigger price spikes | Equinor

September 20, 2023 9:43 am
Any disruption in gas supply can potentially cause price spikes as the market is “still very tight”, Irene Rummelhoff, Equinor’s head of marketing, midstream and processing, said during an energy conference in Oslo. She cited the strikes at Chevron’s liquefied natural gas sites in Australia as an example. As a result, gas prices in Europe […] Read more

GBP/CAD hovers above 5-month low after below-forecast UK CPI

September 20, 2023 7:29 am
The British Pound hovered just above a 5-month trough against the Canadian Dollar on Wednesday, as lower-than-expected CPI inflation in the UK raised some questions about the Bank of England’s rate outlook. Annual consumer inflation in the United Kingdom decelerated to 6.7% in August from 6.8% in July, while confounding market expectations of an increase […] Read more

Warner Music Group announces new CFO appointment

September 20, 2023 6:45 am
Warner Music Group Corp said on Tuesday that it had appointed Bryan Castellani as Executive Vice President and Chief Financial Officer, effective October 16th. He is to succeed Eric Levin, who will stay with the company to ensure a smooth transition before his retirement in January. Castellani has worked more than 20 years at The […] Read more

Eversource Energy appoints new Chief Operating Officer

September 19, 2023 12:34 pm
Eversource Energy said on Monday that it had appointed Paul Chodak as Executive Vice President and Chief Operating Officer, effective November 13th. Chodak has been American Electric Power’s Executive Vice President of Generation since 2019, where he has been responsible for the safe and efficient operation of the company’s regulated power plants. Previously, Chodak served […] Read more

WTI Crude gains for a fourth day on supply deficit worries

September 19, 2023 9:54 am
Futures on US West Texas Intermediate Crude Oil gained for a fourth straight trading day on Tuesday, after weak US shale production added to supply deficit concerns. Both WTI Futures and Brent Futures have surged for three successive weeks, while trading in proximity to ten-month highs. According to the US Energy Information Administration, US oil […] Read more