October 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 […]
Read moreOctober 5, 2023 3:06 pm
Pure Energy Minerals Ltd said on Thursday that it had appointed Joseph E. Mullin as its next President and Chief Executive Officer with immediate effect. Mullin has been a member of the Board of Directors of Pure Energy since November 2020. Mullin serves as President and Chief Executive of Rise Gold Corp, as a Managing […]
Read moreOctober 5, 2023 12:03 pm
Ryder System Inc, a leader in supply chain, dedicated transportation and fleet management solutions, on Thursday announced an expansion of its multi-client warehouse network with the addition of a 400,000-square-foot distribution center in Aurora, Illinois. It is the latest site to a now 6-building campus covering a total of 2.4 million square feet, which mostly […]
Read moreOctober 5, 2023 9:05 am
EU members struck a deal on Thursday to reduce usage of super-potent greenhouse gases in fridges and air conditioners, which comes as part of the bloc’s broader initiative to slash CO2 emissions. The European Union nations are expected to completely phase out the usage of hydrofluorocarbons by year 2050. “Such substances have highly negative impacts […]
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