October 13, 2023 10:29 am
Deutsche Bank announced on Friday that its takeover of London-based boutique investment bank Numis had now been completed. The German lender had said in April that it had agreed to acquire Numis for GBP 410 million. The combined business, Deutsche Numis, will manage over 170 corporate broking relationships and will offer advisor, corporate broking as […]
Read moreOctober 13, 2023 7:27 am
The USD/SGD currency pair held steady near one-week peak on Friday, as the greenback drew support from prospects the Federal Reserve would need to maintain interest rates elevated for longer after a stronger-than-anticipated US CPI print. The headline annual CPI inflation remained steady at 3.7% in September, in contrast with market expectations of a slowdown […]
Read moreOctober 12, 2023 3:29 pm
Adcore Inc, an e-commerce advertising management and automation platform, said on Thursday that it had named Amit Konforty as its next Chief Financial Officer, effective November 11th. Konforty is to succeed Yatir Sadot, who has resigned from his post of Chief Financial Officer, effective November 10th, and will leave the company. Konforty, a Certified Public […]
Read moreOctober 12, 2023 10:06 am
Futures on US West Texas Intermediate Crude Oil extended losses from the prior trading sessions on Thursday, after an industry report revealed a substantial increase in US crude oil and gasoline stockpiles. The most recent data by the American Petroleum Institute showed crude oil inventories had surged by 12.94 million barrels in the week ending […]
Read moreOctober 12, 2023 7:27 am
The GBP/JPY currency pair moved within a narrow range on Thursday, while holding near a 1-month peak, after data showed the UK economy had returned to growth in August. The UK GDP grew by 0.2% month-over-month in August, in line with market consensus, following a revised down 0.6% contraction in July. August has been the […]
Read moreOctober 11, 2023 2:40 pm
Sysco Corp said on Wednesday that it had agreed to acquire Chicago-based Edward Don & Company, a distributor of food service equipment, supplies and disposables. The acquisition is expected to provide a range of benefits to Sysco, including: – First, a wide distribution footprint with more than 1.4 million square feet of distribution centers and […]
Read moreOctober 11, 2023 8:01 am
Germany’s annual consumer price inflation was confirmed at 4.5% in September, data showed on Wednesday, decelerating sharply from 6.1% in August. It has been the lowest inflation rate since February 2022. Annual core CPI inflation, which does not take into account volatile items such as food and energy, decelerated to a 1-year low of 4.6% […]
Read moreOctober 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 […]
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