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EVgo and Amazon launch EV charging experience with Alexa

August 31, 2023 12:10 pm
EVgo Inc on Thursday announced the introduction of an Alexa-enabled electric vehicle charging experience with Amazon. Drivers of Alexa-enabled vehicles and automotive accessories such as Echo Auto will now be able to ask Alexa to assist them in finding and navigating to nearby EV charging sites. “The customer experience begins well before a driver arrives […] Read more

Impala Platinum raises full-year metal output forecast

August 31, 2023 9:29 am
Mining company Impala Platinum said on Thursday that it had raised its metals production forecast for the 2023/2024 full year, as it draws benefits from recent asset acquisitions from Royal Bafokeng Platinum. Those acquisitions are expected to “materially alter” the company’s production profile, as it forecasts an increase in platinum-group metals output to between 3.3 […] Read more

EUR/NZD falls ahead of Euro Area inflation data as French CPI picks up

August 31, 2023 7:23 am
The Euro weakened against the New Zealand Dollar on Thursday, after data showed French consumer price inflation had accelerated in August and German retail sales had unexpectedly dropped in July. France’s annual CPI inflation came in at 4.8% in August, picking up from 4.3% in July and also exceeding market consensus of 4.6%. The inflation […] Read more

1847 Holdings to buy US premier consumer products firm

August 30, 2023 2:57 pm
1847 Holdings LLC said on Wednesday that it had signed a definitive agreement to acquire a premier consumer products firm in the United States (the “Target”). The acquisition is to be financed without the issuance of any common stock or dilutive equity, 1847 Holdings said. The above mentioned company generated unaudited revenue of $20 million […] Read more

Aramark appoints Chris Synek as Chief Operating Officer

August 30, 2023 12:35 pm
Aramark, a leading company in food, facilities management and uniforms, said on Wednesday that it had appointed Chris Synek as its Chief Operating Officer, effective September 11th. In this newly created COO role, Synek will head Sales, Marketing, Supply Chain, Logistics, Service and Plant Operations and will report to Kim Scott, Aramark’s President and Chief […] Read more

WTI Crude extends gains after huge US crude stockpile draw

August 30, 2023 9:58 am
Futures on US West Texas Intermediate Crude Oil extended gains from the prior four trading days on Wednesday, as a substantial drop in US crude stocks last week indicated firm demand. The most recent data by the American Petroleum Institute showed crude oil inventories had decreased by 11.486 million barrels in the week ending August […] Read more

AUD/CAD edges down as slowing Australia inflation adds to RBA pause case

August 30, 2023 7:28 am
The Australian Dollar pared earlier losses against its Canadian counterpart on Wednesday, which came after data showed Australian inflation had slowed to a 17-month trough in July. Australia’s annual CPI inflation stood at 4.9% in July, easing from 5.4% in June. A consensus of analyst estimates had pointed to a lesser drop – to 5.2%. […] Read more

TSR Board of Directors to explore strategic alternatives

August 29, 2023 12:36 pm
TSR Inc, which provides information technology consulting and recruiting services, said on Monday that its Board of Directors had embarked on a process to identify and evaluate potential strategic alternatives aimed to maximize shareholder value. The company will consider a variety of options, including divestitures, acquisitions or a special dividend, it said. Focus Investment Banking […] Read more

USD/ZAR: Rand gains ahead of local PPI and trade data prints

August 29, 2023 9:32 am
The South African Rand advanced against the US Dollar on Tuesday in an attempt to extend last week’s 1.9% gain, as market players looked to South African PPI and trade balance reports along with international data in what appears to be a busy week. Statistics South Africa is due to release the official Producer Price […] Read more

USD/INR hovers above 3-week low as dollar and US yields ease

August 29, 2023 7:36 am
India’s Rupee traded within a relatively narrow range against a softer US Dollar on Tuesday and as US Treasury yields dropped. The USD/INR pair continued to hover above recent three-week low of 82.3775, while dollar demand from corporate entities heightened. “The big corporates (who are importers) are quite active on the dips (on USD/INR), which, […] Read more