July 28, 2021 10:02 am
Sweden’s Klarna said on Tuesday that it had bought influencer marketing software program agency APPRL. Based in Stockholm, APPRL has been the most recent addition to Klarna’s growing roster of retailer marketing companies. The financial details of the agreement, however, were not disclosed. The Swedish funds agency said that it expected around 28% of the […]
Read moreJuly 28, 2021 7:32 am
Raytheon Technologies Corp (RTX) on Tuesday revised up its full-year earnings forecast, while its second-quarter results outstripped analyst estimates, supported by stronger demand for its commercial engines, spare parts and aftermarket services. Net revenue went up 13% year-on-year to $15.88 billion during the second quarter, while exceeding market expectations. On an adjusted basis, revenue at […]
Read moreJuly 27, 2021 8:32 am
AUD/USD was a notch weaker on Tuesday, as market players abstained from opening big positions ahead of the Federal Reserve’s monetary policy decision later this week, which could provide guidance on whether the central bank will begin tapering stimulus. According to Commonwealth Bank of Australia strategist Joe Capurso, a suggestion that tapering could begin soon […]
Read moreJuly 27, 2021 6:47 am
According to Ryanair’s CFO, the airline may place a significant order for Boeing Co’s MAX 10 aircraft in 2021, only in case it is offered the “right price” since the company is not under time pressure. Currently, Ryanair is the largest European client for Boeing’s MAX, as it has 210 firm orders of the 197-seat […]
Read moreJuly 26, 2021 8:51 am
GBP/USD was stuck within a tight range on Monday, as risk sentiment remained subdued amid surging new coronavirus infections and a drop in Asian shares ahead of the Federal Reserve’s two-day policy meeting this week. Against a basket of six major peers, the US Dollar was little changed on the day, but in proximity to […]
Read moreJuly 26, 2021 6:43 am
BRP Group Inc (BRP) said last week that its indirect subsidiary Millennial Specialty Insurance LLC had entered into a definitive agreement to purchase all the assets of Founder Shield LLC, AlphaRoot LLC, ReShield LLC and Scale Underwriting Services LLC. The acquisition is expected to be finalized around August 1st, subject to particular closing conditions. “Founder […]
Read moreJuly 23, 2021 8:04 am
Spot Gold traded little changed on Friday, but was heading for its first weekly loss out of five, as the US Dollar remained firm not far from recently achieved highs. “Gold being a go to alternative for paper currency and seeing the dollar bit higher is the catalyst that nudging gold back,” DailyFX currency strategist […]
Read moreJuly 22, 2021 8:29 am
After gaining more than 4% in the previous session, futures on US West Texas Intermediate Crude Oil edged lower on Thursday after US oil stocks unexpectedly rose, while surging new coronavirus cases pose a threat to demand. “Volatility in energy remains elevated as traders grapple with short-term demand weakness from Delta variant concerns and expectations […]
Read moreJuly 22, 2021 7:08 am
Airbus said earlier this week that it had delivered the first A350 widebody plane from its final assembly line in Tianjin to China Eastern Airlines. The Tianjin facility engages in cabin installation, painting, production flight test and aircraft delivery for the A350, the European plane maker said in a statement. A350 deliveries from that facility […]
Read moreJuly 21, 2021 9:07 am
AT&T Inc (T) has inked a 10-year deal with Dish Network valued at nearly $5 billion, under which AT&T will become Dish’s primary network services partner for wireless customers. Under the agreement, AT&T will provide voice, data and messaging services to clients of Dish-owned mobile virtual network operators Boost Mobile, Republic Wireless and Ting. Dish […]
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