Forex News
International Paper Says Board Elects Andrew Silvernail To Succeed Mark Sutton As CEO
International Paper (IP) announced Tuesday that its board of directors has elected Andrew Silvernail as Chief Executive Officer (CEO), following an extensive evaluation process.
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4h 6min ago
U.S. Housing Starts Rebound 10.7% In February, More Than Expected
A report released by the Commerce Department on Tuesday showed a substantial rebound in new residential construction in the U.S. in the month of February. The Commerce Department said housing starts spiked by 10.7 percent to an annual rate of 1.521 million in February after plunging by 12.3 percent to a revised rate of 1.374 million in January.
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4h 15min ago
Nvidia Unveils Next-gen Blackwell AI Superchip
Chipmaker Nvidia Corp. has unveiled its next-generation artificial intelligence or AI superchip Blackwell graphics processing unit or GPU, amid the significant growth in demand for AI chips worldwide. The new chip is said to do some tasks 30 times faster than its predecessor.
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4h 27min ago
German Economic Confidence Highest In Over 2 Years
Germany's economic sentiment strengthened more than expected to its highest level in just over two years in March amid increasing investor expectations that the European Central Bank will cut interest rates in the coming months, survey data from the think tank ZEW revealed Tuesday. The ZEW indicator of economic sentiment rose markedly to 31.7 in March from 19.9 in February.
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4h 48min ago
Cytek Biosciences Names William McCombe To Succeed Patrik Jeanmonod As CFO; Reaffirms 2024 Outlook
Cytek Biosciences, Inc. (CTKB) announced Tuesday that William McCombe has been appointed chief financial officer of the company, effective immediately. McCombe brings experience as a public company CFO at both large scale, and smaller, high growth technology companies.
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4h 57min ago
Bay Street Seen Opening On Mixed Note
The Canadian market is likely to open on a mixed note Tuesday morning, reacting to consumer price inflation data, and the trend in commodity markets. With the Federal Reserve's policy announcement due on Wednesday, the mood is likely to remain cautious again.
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5h 4min ago
U.S. Housing Starts Rebound More Than Expected In February
A report released by the Commerce Department on Tuesday showed a substantial rebound in new residential construction in the U.S. in the month of February.
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5h 5min ago
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Arch Resources Says George Schuller Jr Joins As SVP And COO
Arch Resources, Inc. (ARCH) announced Tuesday that George Schuller Jr., a highly regarded mining industry executive with decades of senior operational leadership experience, has joined the company as senior vice president and chief operating officer, effective immediately.
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5h 33min ago
Perspective Therapeutics Inks Clinical Trial Collaboration Agreement With Bristol Myers
Radiopharmaceutical company Perspective Therapeutics, Inc. (CATX) announced Tuesday a clinical trial collaboration agreement with Bristol Myers Squibb Co. (BMY) to evaluate the safety and tolerability of Perspective's targeted alpha-particle therapy [212Pb]VMT01 in combination with Bristol Myers Squibb's nivolumab in patients with histologically confirmed melanoma and positive melanocortin 1 receptor (MC1R) imaging scans.
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5h 37min ago
Pembina Pipeline Says Canada OKs Proposed Acquisition Of Enbridge's Interest In Alliance/Aux Sable
Pembina Pipeline Corp. (PPL.TO, PBA) announced Tuesday that it has received a "no-action letter" from the Canadian Competition Bureau confirming that the Commissioner of Competition does not intend to challenge the proposed acquisition by Pembina of Enbridge's interest in the Alliance, Aux Sable, and NRGreen joint ventures.
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6h 20min ago
Unilever To Separate Ice Cream Unit, To Cut 7,500 Jobs; Stock Up
Shares of Unilever Plc were gaining around 3 percent in the morning trading on London Stock Exchange as well as in pre-market activity on the NYSE after the consumer goods major announced Tuesday its plans to seperate Ice Cream division, and to launch a major productivity programme to drive faster growth and higher margin. The proposed changes would impact around 7,500 predominantly office-based r
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6h 35min ago
Krispy Kreme Unveils All-New Spring Mini Doughnuts
Doughnut chain Krispy Kreme, Inc. (DNUT) announced Tuesday that it is launching all-new Spring Minis Collection of doughnuts. From the first day of spring today through Easter Sunday, the company said it is helping fans "hatch happy" with family and friends.
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7h 3min ago
Sensex, Nifty Tumble Ahead Of Fed Rate Decision
Indian shares ended sharply lower on Tuesday as the dollar remained stubbornly strong and Treasury yields hovered near four-month highs ahead of Wednesday's FOMC rate decision.
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7h 15min ago