Forex News

Dollar Drops Ahead Of ISM Manufacturing, Construction Spending

U.S. ISM manufacturing PMI for March and construction spending for February are set for release at 10.00 am ET Monday. Ahead of the data, the greenback weakened against its major rivals. The greenback was worth 132.92 against the yen, 0.9139 against the franc, 1.2399 against the pound and 1.0887 against the euro as of 9:55 am ET.

RTTNews | 831 days ago

Scholastic To Combine Its Book Fairs And Book Clubs Divisions

Media company Scholastic Corp. (SCHL) announced Monday plans to combine its market-leading U.S. Book Fairs and Book Clubs divisions into an integrated school reading events business.

RTTNews | 831 days ago

Live Nation Entertainment Inks Multi-Year Deal With PayPal To Expand Payment Options For Fans

PayPal Holdings, Inc. (PYPL) and Live Nation Entertainment, Inc. (LYV) announced Monday a multi-year strategic partnership that names PayPal as the Preferred Payments Partner of Ticketmaster, providing fans a simple and flexible way to buy tickets to the live entertainment they love. Fans will now have access to multiple payment options across a total of 21 countries.

RTTNews | 831 days ago

Rivian Produces 9,395 Vehicles In Normal, Illinois Facility In Q1; Delivers 7,946 Vehicles

Rivian Automotive, Inc. (RIVN) announced Monday that it produced a total of 9,395 vehicles at its manufacturing facility in Normal, Illinois in the first quarter and delivered 7,946 vehicles during the same period. The company said these figures remain in line with its expectations, and it believes it is on track to deliver on the 50,000 annual production guidance previously provided.

RTTNews | 831 days ago

Euro, Pound Climb On Soaring Oil Prices

The euro and the pound appreciated against their major counterparts in the European session on Monday, as a surprise decision by major oil producers to cut oil production sparked a rally in oil prices.

RTTNews | 831 days ago

UK Manufacturing Activity Sinks Deeper Into Contraction Zone

The UK manufacturing sector shrank at a faster pace in March as the strong improvement in supplier delivery times was more than offset by deteriorating new orders and production, final survey results from S&P Global revealed Monday. The Chartered Institute of Procurement & Supply manufacturing Purchasing Managers' Index, or PMI, fell to 47.9 in March from February's seven-month high of 49.3.

RTTNews | 831 days ago

Eurozone Manufacturing Activity Downturn Deepens In March

Eurozone manufacturing activity contracted further in March as the rising cost of living and tighter monetary policy took its toll on demand but record improvement in suppliers' delivery times supported production, final data from S&P Global showed on Monday. The manufacturing Purchasing Managers' Index, or PMI, fell to a four-month low of 47.3 in March from 48.5 in February. Nonetheless, the sc

RTTNews | 831 days ago

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PPG Boosts Q1 Adj. EPS Outlook

PPG Industries Inc. (PPG) announced Monday that first quarter 2023 adjusted earnings per share is now expected to be between $1.52 and $1.58, which exceeds the company's previously communicated guidance of $1.10 to $1.20.

RTTNews | 831 days ago

Bay Street Likely To Open Higher As Oil Prices Rally

The Canadian market is set to open on a firm note on Monday, as energy stocks are likely to surge higher on rising crude oil prices.

RTTNews | 831 days ago

Endeavor, WWE To Form New Global Sports And Entertainment Brands: UFC And WWE

Sports and entertainment company Endeavor Group Holdings, Inc. (EDR) and media company World Wrestling Entertainment, Inc. (WWE) announced Monday that they have signed a definitive agreement to form a new, publicly listed company consisting of two iconic, complementary, global sports and entertainment brands: UFC and WWE.

RTTNews | 831 days ago

Soligenix Says FDA Grants Type A Meeting Regarding New Drug Application For HyBryte

Biopharmaceutical company Soligenix, Inc. (SNGX) announced Monday that the U.S. Food and Drug Administration (FDA) has granted a Type A meeting to discuss the contents of a refusal to file (RTF) letter previously issued regarding the Company's new drug application (NDA) for HyBryte (synthetic hypericin) in the treatment of early stage cutaneous T-cell lymphoma (CTCL), a rare cancer.

RTTNews | 831 days ago

Ryder To Induct 4,000 Addl. BrightDrop Electric Vans To Its Fleet Through 2025

Logistics and transportation company Ryder System, Inc. (R) announced Monday its plan to introduce 4,000 BrightDrop Zevo 600 and Zevo 400 electric vans to its lease and rental fleet through 2025, with the first 200 to be ordered this year.

RTTNews | 831 days ago