Private sector jobs data misses
Private payroll numbers from ADP came in below the 220,000 forecast. Report's economist says pace of hiring is still strong but slowing. Jeanne Yurman reports.
Private payroll numbers from ADP came in below the 220,000 forecast. Report's economist says pace of hiring is still strong but slowing. Jeanne Yurman reports.
JD Sports Fashion has proposed to buy American athletic-fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as the British sportswear retailer expands across the southeastern U.S. JD Sports, Britain's largest sportswear retailer, will pay $87.50 per Hibbett share in cash, representing a premium of about 20% to the U.S. firm's last closing price. The Bury, Greater Manchester-based company said it expects to fund the deal and refinance Hibbett's existing debt through its existing U.S. cash resources of $300 million and a $1 billion extension to its existing bank facilities.
Patient Capital Management, a value investing firm, released its “Patient Capital Opportunity Equity Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. During the quarter the strategy returned 11.8% net of fees compared to the S&P 500’s 10.6% return. The outperformance of the portfolio can be attributed to selection and […]
Major North Korean hacking groups have mounted "all-out" cyber attacks against South Korean defence companies for more than a year, breaching the firms' internal networks and stealing technical data, South Korea's police said on Tuesday. Hacking teams linked to North Korea's intelligence apparatus and known as Lazarus, Kimsuky and Andariel planted malicious codes in data systems of the defence companies either directly or through contractors working with them, the police said. The police, working with a team of national spy agency and private sector experts, traced the hacks to the groups, identifying them by the source IP addresses, the re-routing architecture of the signals and the signatures of the malwares used, it said.
Report comes a day after South Korean and Japanese militaries detected North firing suspected multiple short-range ballistic missiles
MPs have begun debating the Lords’ amendments and the parliamentary back-and-forth is set to go on late into evening
KYOTO, Japan, April 23, 2024--Nidec Corporation (TOKYO: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards ("IFRS") for the fiscal year ended March 31, 2024.
Major heavyweight motorcycles market participants include Honda, Polaris, Harley Davidson, Ducati, BMW, Triumph, and KawasakiSelbyville, Delaware, April 23, 2024 (GLOBE NEWSWIRE) -- The heavyweight motorcycles market valuation is predicted to reach USD 40.5 billion 2032, as reported in a research study by Global Market Insights Inc. The growing preference among consumers for premium riding experiences, characterized by powerful engines, advanced features, and iconic designs will drive the indust
PRESS RELEASEREGULATED INFORMATION23 April 2024, 07:00 am CET Sequana Medical announces the Annual and Extraordinary General Meetings of Shareholders on 23 May 2024 Publication of Annual Report 2023 Ghent, Belgium – 23 April 2024 – Sequana Medical NV (Euronext Brussels: SEQUA) (the "Company" or "Sequana Medical"), a pioneer in the treatment of fluid overload in liver disease, heart failure and cancer, today invites the holders of securities issued by the Company to attend the Annual and Extraord
Panzer's delicatessen in St John’s Wood has lost 37 suppliers from the European Union since Britain left the single market in 2021
Following a period of losses, U.S. stocks showed resilience with the S&P 500 closing higher on Monday, as investors shift their focus to upcoming earnings reports from major companies. This renewed interest in corporate performance highlights the importance of understanding factors like insider ownership and earnings growth potential in selecting stocks during uncertain economic times.
It's easy to match the overall market return by buying an index fund. While individual stocks can be big winners...
Japanese authorities could intervene in the currency market any time as recent yen declines are excessive and out of line with fundamentals, ruling party executive Satsuki Katayama told Reuters. The dollar/yen has risen to near 155 from around 140 at the outset of this year, which can be described as excessive volatility, said Katayama, who is acting chairperson of the Liberal Democratic Party's (LDP) policy research council. "I don't think Japan will face any criticism if it were to act now," Katayama said in an interview on Monday, when asked about the timing of a possible currency intervention by Japanese authorities to prop up the yen.
The wood-derived food additives market share is expected to gain traction at a CAGR of 4.7% between 2024 and 2032.Fort Collins, Colorado, April 23, 2024 (GLOBE NEWSWIRE) -- Diverse applications of wood-derived food additives drive industry growth. The wood-derived food additives market encompasses a variety of products extracted from wood, utilized in the food industry to improve flavor, texture, and shelf life. Common additives derived from wood include cellulose, lignin, xylose, and vanillin.
The global water treatment chemicals market is experiencing notable growth due to surge in demand for chemically treated water in various end-use industries.Wilmington, Delaware , April 23, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, “Global Water Treatment Chemicals Market by Type (Coagulants, pH Adjusters & Softeners, Flocculants, Biocides & Disinfectants, Scale Inhibitors & Dispersants, Corrosion Inhibitors, and Others) and End-use Industry (Industrial and Muni
Japanese retail giant Seven & i Holdings said on Tuesday it wanted to see huge growth for its 7-Eleven convenience store chain globally, and would be accelerating its entry into Europe, Latin America, the Middle East and Africa. It is aiming to boost the global number of 7-Eleven stores 18% to about 100,000 by 2030 and for the chain to be in 30 countries and regions, up from 20 now. It also agreed to spend more than $2 billion to scoop up convenience stores in Australia and the United States.
Parliamentary stand-off ends, opening the way for asylum seekers to be sent to the African country.
Japanese government bond yields ticked higher on Tuesday, with the two-, five- and 30-year yields reaching levels not seen in more than a decade, as traders looked ahead to the Bank of Japan's policy-setting meeting at the end of this week. The two-year JGB yield rose 0.5 basis points to 0.285% as of 0515 GMT, the highest since October 2009, despite solid demand at an auction of the securities earlier in the day. The 10-year JGB yield rose 0.5 bps to 0.885%, hovering at a five-month peak.
Prime Minister hails 'landmark' Rwanda law after Lords finally back down over its efforts to amend the Bill late on Monday night
Vietnam's top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia's graphics chips and software, the two firms said on Tuesday. FPT plans to use Nvidia's support to boost AI research in Vietnam with the aim of developing AI applications and solutions at the planned data centre factory, including for generative AI and autonomous driving, the firms said in a joint statement.
Francia Raisa has admitted donating a kidney to Selena Gomez "did a lot" for her. The 35-year-old actress famously donated an organ to the 'Single Soon' hitmaker when she suffered damage due to lupus in 2017 and though she suffered a backlash afterwards amid speculation of a rift between the pair, she has brushed off the criticism and feels "blessed" by how her life has mapped out since then. Francia appeared on 'The Art of Kindness' podcast and was asked her biggest act of kindness, to which sh