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Dollar Climbs Higher On Safe-haven Demand
The U.S. dollar firmed against its major rivals on Monday on safe-haven demand after China saw a surge in Covid-19 cases and imposed stringent restrictions in several cities including Beijing and Shanghai.
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vor 909 Tagen
Swiss Market Ends Modestly Higher
The Swiss market, which recovered a bit after a weak start and moved across the flat line till well past noon on Monday, climbed higher in late afternoon trade and eventually ended the session modestly higher.
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vor 909 Tagen
European Stocks Close Weak On Geopolitical Tensions, China Covid Concerns
European stocks closed on a weak note on Monday as investors stayed wary of making significant moves due to concerns over a surge in Covid-19 cases in China, and rising geopolitical tensions.
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vor 909 Tagen
Canadian Shares Down Firmly In Negative Territory At Noon
The Canadian market is down in negative territory at noon on Monday, extending losses after a weak start amid rising concerns about a surge in Covid-19 cases in China, and worries about geopolitical tensions.
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vor 909 Tagen
Euro Lower As China Concerns Sap Sentiment
The euro fell against its most major rivals in the European session on Monday, as investors worry that fresh COVID-19 restrictions in China will lead to a slowdown in the economic growth.
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vor 910 Tagen
Domino's Selects GM Chevrolet Bolt EV For Electric Pizza Delivery
Domino's Pizza Inc. has partnered with automaker General Motors Co. for electrifying its pizza delivery. This month, the largest pizza company in the world will start delivering its products through more than 100 custom-branded 2023 Chevy Bolt electric vehicles. The vehicles will be available at select franchise and corporate stores throughout the U.S.
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vor 910 Tagen
Merck KGaA Aims To Launch One New Product Or Major Indication Every 1.5 Years On Average
While providing updates on the company's healthcare research and development strategy, aimed at doubling R&D productivity on Monday, German science and technology firm Merck KGaA (MKGAY.PK) said it will focus its expertise and capabilities and leverage synergies within the existing pipeline to deliver transformative medicines in Oncology, Neurology and Immunology, augmented by an increased focus on external innovation.
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vor 910 Tagen
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CNX Resources Promotes Navneet Behl To Replace Chad Griffith As COO
Natural gas company CNX Resources Corp. (CNX) announced Monday the appointment of Navneet Behl as Chief Operating Officer, effective November 17, 2022, Behl replaces Chad Griffith, who is leaving the company.
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vor 910 Tagen
Bay Street Likely To Open On Negative Note
Lower U.S. and Canadian futures and weak commodity prices indicate a negative start for the Canadian market Monday morning.
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vor 910 Tagen
J. M. Smucker Boosts FY23 Outlook As Q2 Results Top Estimates
Consumer goods company J. M. Smucker reported Monday that profit for the second quarter declined seven percent from last year, hurt by lower margins, despite high single digit sales growth. However, both adjusted earnings per share quarterly net sales topped analysts' estimates. The company also raised its financial guidance for the full-year 2023.
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vor 910 Tagen
Jacobs Solutions Initiates FY23 Adj. EPS Outlook - Update
While reporting financial results for the fourth quarter on Monday, professional services provider Jacobs Solutions, Inc. (J) initiated its adjusted earnings guidance for the full-year 2023.
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vor 910 Tagen
Bladex Inks Strategic Alliance With Fintech Innovations International DMCC
Multinational bank Banco Latinoamericano de Comercio Exterior (Bladex) has Monday entered into a strategic alliance with Dubai-headquartered Fintech Innovations International DMCC, owner of the TradeAssets e-Marketplace for financial institutions.
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vor 910 Tagen
Amazon Deals During Cyber Monday Weekend Event
Amazon has unveiled various deals with deep discounts on offer during its Cyber Monday weekend event. From Saturday, November 26, through Monday, November 28, offers are available across top categories and on popular brands, like Anastasia Beverly Hills, Peloton, Segway, and Bose.
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vor 910 Tagen
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