Advertisement
Kraton Names Marcello Boldrini As New CEO
(RTTNews) - Kraton Corp. (KRA), a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping by-products, announced Monday that Marcello Boldrini has been appointed CEO.
Boldrini has served as co-CEO, Kraton and CEO of Kraton Pine Chemicals since March 15, 2022. Under his leadership, the company has achieved remarkable success, delivering large-scale revenue and exponential growth.
Through strategic planning, effective execution, and a relentless drive for innovation, Boldrini has guided the organization to new heights.
Prior to Kraton, Boldrini held senior-level roles at Houghton International, Hexion/Momentive, Ashland, Quaker Chemical, and Unilever/Unichema, and served on several JV boards internationally.
read more
European Markets Close Mixed After Cautious Session
European stocks turned in a mixed performance on Wednesday with investors digesting regional economic data, and awaiting the Federal Reserve's monetary policy announcement due later in the day.
RTTNews
|
14 minut temu
Canadian Market Modestly Higher At Noon; BoC Lowers Interest Rate
Canadian stocks are up in positive territory around noon on Wednesday with investors reacting to the Bank of Canada's decision to cut interest rates by 25 basis points. The recent weak labor market data and economic slowdown have raised prospects of further easing by the Canadian central bank.
RTTNews
|
1g 40 minut temu
Bank Of Canada Lowers Interest Rates By A Quarter Point
After leaving interest rates unchanged for three straight meetings, the Bank of Canada on Wednesday announced its widely expected decision to lower rates by a quarter point. The Bank of Canada said it decided to reduce its target for the overnight rate by 25 basis points to 2.5 percent, with the Bank Rate at 2.75 percent and the deposit rate at 2.45 percent.
RTTNews
|
2g 22 minut temu
U.S. Housing Starts Pull Back Much More Than Expected In August
After reporting significant increases in new residential construction in the U.S. over the two previous months, the Commerce Department released a report on Wednesday showing housing starts pulled back by much more than expected in the month of August. The Commerce Department said housing starts plummeted by 8.5 percent to an annual rate of 1.307 million in August.
RTTNews
|
3g 22 minut temu
UK Inflation Unchanged At 3.8%
U.K. consumer price inflation remained sticky in August on higher food prices, official data showed Wednesday, ahead of the policy announcement by the Bank of England on Thursday. The consumer price index rose 3.8 percent on a yearly basis in August, the same rate of increase as seen in July, the Office for National Statistics reported. Inflation matched economists' expectations and stood well ab
RTTNews
|
4g 33 minut temu
U.S. Housing Starts Plunge 8.5% In August, Much More Than Expected
After reporting significant increases in new residential construction in the U.S. over the two previous months, the Commerce Department released a report on Wednesday showing housing starts pulled back by much more than expected in the month of August.
RTTNews
|
5g 5 minut temu
Bay Street Seen Opening On Cautious Note; BoC, Fed Rate Decisions Eyed
The Canadian market is likely to open on a cautious note on Wednesday, with investors awaiting monetary policy announcements from the Bank of Canada and the Federal Reserve. Weak commodity prices may weigh on resources stocks.
RTTNews
|
5g 46 minut temu
Bank Indonesia Cuts Rate Unexpectedly
Indonesia's central bank reduced its key interest rate unexpectedly to the lowest level since 2022 to stimulate economic growth and also raised expectations for more reductions. The Bank Indonesia board, governed by Perry Warjiyo, decided to cut the BI rate by 25 basis points to 4.75 percent. Markets anticipated the central bank to hold the rate this time amid political unrest.
RTTNews
|
6g 4 minut temu
