January 4, 2025 12:54 pm
RTX Corp’s (RTX) Raytheon unit has secured a $946 million contract to supply Romania with additional Patriot air and missile defense systems, the company said on Friday. The contract includes fire units that consist of radars, control stations and missiles, RTX said. “Raytheon is committed to providing Romania with advanced integrated air and missile defense […]
Read moreJanuary 4, 2025 8:19 am
Switzerland’s procure.ch and Credit Suisse Manufacturing Purchasing Managers’ Index was reported at a reading of 48.4 in December, down from 48.5 in the preceding month. In comparison, a consensus of estimates had pointed to a reading of 48.3. December has been the 24th consecutive month of contraction in factory activity. There have been declines in […]
Read moreDecember 31, 2024 1:09 pm
Bank lending in Singapore has increased to SGD 819.4 billion in November from SGD 813.1 billion in October, data by the Monetary Authority of Singapore showed. It has been the highest lending figure since October 2022. Lending to both businesses (SGD 496.6 billion up from SGD 491.7 billion in October) and consumers (SGD 322.7 billion […]
Read moreDecember 31, 2024 9:38 am
Marcus & Millichap’s division, Institutional Property Advisors (IPA), said on Monday that it had sold La Vista Apartments, a 460-unit multifamily asset in Santa Maria, California, for $116 million. The property is the largest multifamily asset ever sold in Santa Barbara County in terms of number of units and sales price, the commercial real estate […]
Read moreDecember 30, 2024 12:57 pm
Annual consumer price inflation in Spain has picked up to 2.8% in December from 2.4% in November, a preliminary figure showed on Monday. It has been the highest CPI inflation rate since July, while it exceeded market consensus of 2.6%. The latest figure was a result of base effects, as fuel prices rose compared to […]
Read moreDecember 30, 2024 10:41 am
Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm, said on Friday that it had acquired Murray Gardner Insurance Agency Inc, dba BMR Insurance, based in Tustin, California. However, the company did not disclose any financial details of the agreement. BMR Insurance is a retail insurance agency that serves […]
Read moreDecember 30, 2024 7:41 am
Four Corners Property Trust Inc (NYSE: FCPT) said on Friday that it had acquired a Burger King property valued at $1.7 million. The latter is located in a strong retail corridor in Virginia and under a corporate long-term, triple net lease with nearly 13 years of term remaining, the real estate investment trust said. FCPT […]
Read moreDecember 29, 2024 4:11 pm
Sweden has reported a trade surplus of SEK 7.2 billion in November, which compares with a surplus of SEK 10.4 billion in the same month of 2023. The nation’s total exports shrank 4.4% year-on-year to SEK 181.3 billion in November, data by Statistics Sweden showed. The latter reflected a 2.7% YoY drop in shipments to […]
Read moreDecember 29, 2024 9:28 am
SM Energy Company (NYSE: SM) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.20 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on February 3rd to shareholders of record as of the close of business […]
Read moreDecember 28, 2024 2:30 pm
Producer prices in Singapore have dropped 3% year-on-year in November, the latest data by Statistics Singapore showed. It has been a fourth straight month of decline in domestic supply prices. Still, November’s drop was slower compared to that recorded in October (-5.1% YoY). In November, prices went down at a slower rate for: – mineral […]
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