October 3, 2024 10:24 am
Sweden’s services sector has contracted in September, the latest data by Swedbank showed. The Services Purchasing Managers’ Index was reported at a reading of 49.1 in September, down from a revised down 52.4 in August. It pointed to the first contraction in activity since May. The sub-indexes of new orders (49.9 versus 53.6 in August), […]
Read moreOctober 3, 2024 7:01 am
Annual consumer price inflation in Switzerland has eased to 0.8% in September from 1.1% in August, the latest data by the Swiss Federal Statistical Office showed. The latest CPI figure came below market consensus of 1.1%. It also pointed to the lowest annual rate since September 2021. In September, prices were lower for: – food […]
Read moreOctober 2, 2024 8:57 am
Zoom Video Communications (NASDAQ: ZM) said on Tuesday that it had appointed Michelle Chang as its next Chief Financial Officer, effective October 7th. Chang has over 25 years of experience in financial leadership roles. Most recently, she served as Corporate Vice President and CFO of Microsoft’s Commercial Sales & Partner Organization. Chang will head Zoom’s […]
Read moreOctober 2, 2024 7:09 am
GXO Logistics Inc (NYSE: GXO) said on Tuesday that it had formed a new strategic partnership with Forum Sport, a leader in the distribution of sports equipment. GXO will ensure B2B and B2C order preparation and distribution, returns and other value-added activities from two warehouses – in Vitoria and Basauri, North of Spain. The company’s […]
Read moreOctober 1, 2024 10:24 am
Alterity Therapeutics (NASDAQ: ATHE) said on Monday that it had appointed Abby Macnish Niven as its next Chief Financial Officer, effective September 30th. Macnish Niven has considerable experience in private wealth management with corporate groups such as ANZ, UBS and Ord Minett. Macnish Niven is to replace Phillip Hains, who has served as CFO since […]
Read moreOctober 1, 2024 7:40 am
Vishay Precision Group Inc (NYSE: VPG) said on Monday that it had acquired Nokra Optische Prueftechnik & Automation GmbH – a privately held maker of precision measuring and testing equipment for manufacturing, based in Germany. However, the company did not disclose any financial details of the agreement. “We are pleased to add Nokra’s products to […]
Read moreSeptember 30, 2024 11:27 am
Honeywell (NASDAQ: HON) said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $1.13 per share of common stock. The latter represents an increase of 4.63% compared to the previous quarterly dividend of $1.08 per share. The dividend will be paid on December 6th to shareholders of record as […]
Read moreSeptember 30, 2024 7:48 am
Omnicom Group (NYSE: OMC) said on Friday that its precision marketing division, Omnicom Precision Marketing Group (OPMG), had acquired digital advisory firm LeapPoint. Headed by co-founder and CEO Nik DeBenedetto, LeapPoint provides assistance to Fortune 1000 enterprises in optimizing the performance of their marketing organizations by strategically integrating people, processes and Adobe technology. The firm […]
Read moreSeptember 29, 2024 5:03 pm
New York Times Co (NYSE: NYT) said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.13 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The dividend will be paid on October 24th to shareholders of record as of the close […]
Read moreSeptember 29, 2024 10:45 am
Annual producer inflation in South Africa has eased to 2.8% in August from 4.2% in July, data by Statistics South Africa showed. It has been the lowest annual rate in more than a year. Last month, inflation slowed mostly for coke, petroleum, chemical, rubber and plastic products (2.1% YoY from 5% YoY in July). Price […]
Read more
