December 8, 2021 9:52 am
Air New Zealand Ltd could expand its domestic business by between 20% and 30% from pre-COVID 19 levels over the upcoming several years, according to the company’s CEO. Air New Zealand’s domestic capacity, which is currently running at almost 40% of pre-pandemic levels, should start to recover from next week, with travel restrictions on Auckland […]
Read moreDecember 7, 2021 11:25 am
AUD/USD extended gains from the previous trading day on Tuesday as market players bet that the Omicron variant of COVID-19 would probably be mild. The top US infectious disease official Anthony Fauci told CNN on Sunday that “it does not look like there’s a great degree of severity” so far. Meanwhile, the Reserve Bank of […]
Read moreDecember 7, 2021 10:05 am
Renault SA (RENA) announced yesterday that it had revised down its forecast for engineering and support jobs cuts in France for the period 2022-2024 to 1,700 from 2,000, as previously expected. Those reductions came on top of the 4,600 positions the French auto maker announced last year would be cut as part of a cost-cutting […]
Read moreDecember 6, 2021 11:02 am
GBP/USD was a notch stronger at the start of the new week, but still remained in the area not far from last week’s over 11-month low of 1.3194, as market players were expecting a statement on monetary policy and economic growth from Bank of England Deputy Governor Ben Broadbent who is to speak at Leeds […]
Read moreDecember 6, 2021 9:59 am
Amgen Inc (AMGN) said last week that its Board of Directors had declared a $1.94 per share dividend for the first quarter of 2022, or a 10% increase. The dividend is to be paid on March 8th 2022 to all stockholders of record as of the close of business on February 15th 2022, the company […]
Read moreDecember 5, 2021 6:11 pm
Toyota Motor Corp (7203) said on Friday that it expected all new vehicle sales in Western Europe to be zero-emission models by 2035, while by 2030, at least 50% of the company’s model mix is expected to be zero-emission, including electric vehicles and hydrogen fuel cell cars. Similar to other vehicle makers, Toyota is introducing […]
Read moreDecember 3, 2021 11:07 am
Spot Gold looked set to register its third straight week of losses, pressured by Federal Reserve Chair Jerome Powell’s comments that the bank’s bond-purchasing program could end sooner than previously expected. “An incredibly hawkish tone of the Fed chair, coupled with the prevailing U.S. dollar strength are two things combining to take the shine off […]
Read moreDecember 2, 2021 12:39 pm
Scientific Games Corporation (SGMS) has strengthened its original iGaming content offering and production capabilities with the acquisition of innovative games developer ELK Studios. Based in Stockholm, ELK Studios has a long history of producing carefully crafted games with ground-breaking mathematics, superb artwork and a mobile-first focus. Hit releases from this digital studio include Wild Toro […]
Read moreDecember 2, 2021 10:29 am
Blackstone Group (BX) said on Wednesday that Blackstone Energy Partners had agreed to acquire Irth Solutions, a leading provider of cloud-based software-as-a-service solutions that automate processes for damage prevention and asset protection across critical network infrastructure assets. After the acquisition closes, Irth Solutions will retain its name and will continue to operate independently as a […]
Read moreDecember 2, 2021 10:02 am
Renault SA (RENA) said earlier this week it expected to generate an extra EUR 1 billion ($1.13 billion) in revenue by the end of the decade from its new recycling business. “These activities will generate 200 million (euros) in turnover from 2025”, Renault’s Chief Executive Officer Luca de Meo told reporters at a former vehicle […]
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