October 12, 2022 10:51 am
Delta Air Lines (DAL) said on Tuesday it had invested $60 million in air taxi startup Joby Aviation, while acquiring a 2% equity stake. The tie-up will initially offer passengers air taxi transport to and from airports in New York and Los Angeles, the airline said. According to Delta Air’s Chief Executive Officer Ed Bastian, […]
Read moreOctober 12, 2022 7:41 am
PayPal Holdings Inc said on Tuesday that it had launched the PayPal Zettle Terminal for small businesses in the United States following the European launch in 2021. The Terminal is an all-in-one point-of-sale solution, which allows for increased mobility in-store for small businesses. Equipped with a touchscreen, PayPal’s digital in-store solution is easy to set […]
Read moreOctober 11, 2022 10:01 am
Amazon.com Inc (AMZN) announced on Monday plans to invest over EUR 1 billion during the next 5 years in electric vans, trucks and low-emission package hubs in Europe, as it accelerates net-zero carbon push. The e-commerce giant said the investment would help its European electric van fleet expand from 3,000 vehicles to more than 10,000 […]
Read moreOctober 11, 2022 6:43 am
Citi Treasury and Trade Solutions said on Monday that it would launch “24/7 Clearing” as a service to its financial institution clients, starting with 24/7 USD Clearing in the fourth quarter of 2022. This new service is meant to allow Citi’s clients to make USD payments across the group’s 1,500 financial institution customers globally 24 […]
Read moreOctober 10, 2022 8:06 am
EUR/USD retreated for a fourth straight day on Monday, as rising energy prices and geopolitical tension continued weighing on the single currency, while robust US job growth and high CPI inflation forecast added to the case for higher interest rates, underpinning the greenback. Friday’s data string revealed solid growth in US Non-Farm Payrolls and an […]
Read moreOctober 7, 2022 10:24 am
Air Products (APD), a global leader in hydrogen production, said on Thursday that it intended to invest nearly $500 million to build, own and operate a 35 metric ton per day facility to produce green liquid hydrogen at a greenfield site in Massena, New York, along with liquid hydrogen distribution and dispensing operations. The facility’s […]
Read moreOctober 7, 2022 8:15 am
Spot Gold traded little changed on Friday ahead of the highly anticipated US employment data that could offer insight into labor market conditions. Still, the yellow metal was poised to register its best weekly performance since March, having risen 3.01% so far this week, as the US Dollar eased from 20-year highs and US Treasury […]
Read moreOctober 6, 2022 10:45 am
LAURION Mineral Exploration Inc said on Wednesday that it had appointed Tyler Dilney as its next Chief Financial Officer. Dilney will succeed Miles Nagamatsu, who has stepped down from the CFO post. Tyler Dilney is a Chartered Professional Accountant with more than 10 years of experience and has worked in industries such as mining, technology […]
Read moreOctober 6, 2022 9:08 am
Analysts on Wall Street on Wednesday sharply raised Exxon Mobil Corp’s third-quarter earnings outlook, after the oil company disclosed a $2 billion profit gain from natural gas sales. The disclosure indicated that Exxon’s third-quarter profit, to be reported later in October, could come in close to the record $17.9 billion profit in Q2, analysts stated. […]
Read moreOctober 5, 2022 9:19 am
NZD/USD briefly touched a fresh 1 1/2-week high on Wednesday, after the Reserve Bank of New Zealand lifted its official cash rate by 50 basis points to 3.5%, a level unseen since April 2015, at its October meeting. This has been the fifth consecutive 50 basis point hike. RBNZ policy makers considered core CPI inflation […]
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