July 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 […]
Read moreJuly 21, 2021 7:09 am
Volkswagen AG (VOWG) said earlier this week that it would discontinue sales and production of the Passat sedan in the United States next year, as the auto maker moves away from passenger cars in favor of Sport-utility vehicles. The company pointed out it would discontinue assembly of the Passat sedan in Tennessee, US, with model […]
Read moreJuly 20, 2021 9:13 am
AUD/USD, a liquid proxy for risk, traded near a fresh 34-week low on Tuesday, as rising concerns about the impact of the Delta variant on global economic recovery triggered a rush to safety, supporting the US Dollar and the Japanese Yen. “Learning to live with COVID is not being enthusiastically embraced amid the spread of […]
Read moreJuly 20, 2021 6:57 am
Zoom Video Communications Inc (ZM) said over the weekend that it had agreed to acquire cloud-based call center operator Five9 in a $14.7 billion deal, the company’s largest acquisition ever, amid intensifying competition in the video conferencing field. The Five9 acquisition is expected to complement Zoom Video Communications’ Zoom Phone service through the addition of […]
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