CME Group CEO Terry Duffy hailed the "long-time" expertise and skills of Dennis, who will leave his role as Chief Commercial Officer at ABN AMRO Clearing USA LLC to join CME Group. The new arrival, who is set to start working on August 5, will report directly to Duffy. Don’t miss out the latest news,…
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Boeing faces a £190.1m fine and has been ordered to invest a minimum of £355m across the next three years to improve its compliance and safety programmes. These terms were not the only choice on offer for the company. Federal prosecutors offered Boeing a guilty plea or a trial on the felony criminal charge of…
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Experts believe this merger is a yardstick for the continued success of entertainment parks. FUN stock reacted positively and ended Friday, 5 July 2024, 1.55% in the green. A CNN report reflects not all avid rollercoaster fans are enthusiastic. Although some think the Six Flags facilities will improve, others are concerned about price hikes. Don’t…
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Novo Nordisk was down 2.87% and Eli Lilly 0.95% when the final bell sounded on Wednesday 3 July 2024. US markets were closed on Thursday for the Fourth of July bank holiday. Media reports indicated that researchers from a Harvard-affiliated hospital spearheaded the study and found that patients who used medicines containing GLP-1 and GIP…
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Valdis Dombrovskis, the vice-president of the European Commission, said: We are not seeing the basis for retaliation as what we are conducting is indeed in line with WTO [World Trade Organization] rules. However, he also confirmed that talks between EU officials and the Chinese authorities are still ongoing. The tariffs on imported Chinese EVs have…
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The original partnership started in 2022 and included the incorporation of Worldline’s issuing and acquiring technical processing functions. Worldline highlighted BKN301’s commitment to ongoing improvement in facilitating secure, speedy and trustworthy digital transactions in Europe, the Middle East and Africa (EMEA). In line with the agreement between the two companies, Worldline “guarantees BKN301 a customizable…
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Unaudited revenue was reported at $14.8m, which was only slightly better than the number reported for the same quarter in 2023; however, it was 11% better than Q1’s numbers. This led to analysts suggesting that NNMD had landed another new customer or secured a sizable sale from an existing client. The news encouraged traders to…
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In June 2024, Elliott indicated that it owns roughly 11% of Southwest Airlines. Based on CNBC information, Elliott criticised the airline’s performance compared to those of others. The poison pill will only come into effect if an investor, such as Elliott, attains a 12.5% stake. This strategy will allow all other shareholders to buy one…
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MUFG is vying for a minority share in HDB’s consumer lending unit. Should the talks fall flat, the India-based institution may reportedly consider an initial public offering (IPO). Currently, however, there is no confirmation either way. According to Bloomberg data, those in the know stated that there are no final decisions on the table and…
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According to the latest numbers, shipments from its Shanghai factory took a year-on-year 24.2% dive. This is the fourth time this year that sales numbers were down. Analysts attribute this decrease to rising competition in the industry and a drop in demand for EVs. Tesla indicated that it sold 443,956 vehicles in Q2 2024 as…
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