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USD/ZAR eases from 1 1/2-week high ahead of US, SA data prints

November 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 more

USD/JPY scales 12 1/2-month peak ahead of key US CPI report

November 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 more

Soho House & Co names new Chief Operating Officer

November 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 more

Invesco reports 2.5% drop in total October AUM

November 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 more

UK economy registers zero growth in Q3, GBP at 1-week low

November 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 more

Calian to buy Decisive Group for CAD 74.7 million

November 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 more

CCC Intelligent Solutions announces pricing of secondary share offering

November 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 […] Read more

Associated Capital announces new CFO appointment

November 9, 2023 8:56 am
Associated Capital Group Inc said on Wednesday that it had appointed Ian McAdams as its next Chief Financial Officer. McAdams became part of Associated Capital’s finance team in 2021 and has served as Interim Co-Chief Financial Officer since July 2022. Before joining Associated Capital Group, he was a Manager in Banking and Capital Markets at […] Read more

Excelerate Energy signs long-term LNG deal with Petrobangla

November 8, 2023 3:10 pm
Excelerate Energy Inc said on Wednesday that it had signed a long-term liquefied natural gas sale and purchase agreement with the Bangladesh Oil, Gas & Mineral Corporation (Petrobangla). Under the agreement, Petrobangla will purchase 0.85 to 1.0 million tonnes per annum of LNG from Excelerate for a period of 15 years, starting January 2026. Excelerate […] Read more

Axon revises up full-year revenue forecast

November 8, 2023 11:11 am
Axon Enterprise Inc on Tuesday revised up its full-year revenue projection, as it cited robust demand for its software products and the newly launched TASER 10. Axon now forecasts full-year revenue of about $1.55 billion, compared with a previously forecast range of $1.51 billion to $1.53 billion. The company reported total revenue of $413.6 million […] Read more