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Bank of Canada raises interest rates for first time in 4 years
Bank of Canada raises interest rates for first time in 4 years
Jun 5, 2024
The Bank of Canada announced the first interest rate cuts in four years. It comes after the bank started an aggressive policy tightening process in March 2022 that saw it add 475 basis points to interest rates to 5%. With todays decision, the BOC cut rates by 0.25% to 4.75% as expected. The BOC said in its policy statement that...
Loonie edges down after Bank of Canada's rate cut
Loonie edges down after Bank of Canada's rate cut
Jun 5, 2024
The Canadian dollar fell against most major rivals on Wednesday after an expected policy decision by the BOC. The Bank of Canada announced the first interest rate cut in four years. It comes after the bank started an aggressive policy tightening process in March 2022 that saw it add 475 basis points to interest rates to 5%. With todays decision,...
British Pound (GBP) Latest – GBP/USD and EUR/GBP Technical Outlooks
British Pound (GBP) Latest – GBP/USD and EUR/GBP Technical Outlooks
Jun 6, 2024
British Pound (GBP) Latest – GBP/USD and EUR/GBP Technical Outlooks Cable set to re-test 1.2818 as the US dollar fades.EUR/GBP is within 25 pips of hitting levels last seen in August 2022. Recommended by Nick Cawley How to Trade GBP/USD The US dollar, Euro, and the Japanese Yen have all been in the spotlight over the past few weeks while...
BoC Cuts Rates as Inflation Settles into Target Range, CAD Weakens
BoC Cuts Rates as Inflation Settles into Target Range, CAD Weakens
Jun 5, 2024
The Bank of Canada (BoC) voted to cut interest rates at its June meeting from 5% to 4.75%, relying on its improved confidence that inflation is heading lower. The BoC highlighted the declining three-month measure of core inflation as one of the indications that CPI is heading lower but Governor Tiff Macklem also issued caution that the further progress is...
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Mobix Labs Takes Action Against Denis Tse, ACE Equity Partners International, Asia-IO, and ACE SO4 to Recover Over $250 Million in Damages
Mobix Labs Takes Action Against Denis Tse, ACE Equity Partners International, Asia-IO, and ACE SO4 to Recover Over $250 Million in Damages
Nov 17, 2025
IRVINE, Calif., Nov. 17, 2025 (GLOBE NEWSWIRE) -- Mobix Labs, Inc. ( MOBX ) (“Mobix”), a fast-growing semiconductor and defense-technology company, announced today that it has filed a Verified Complaint in the Delaware Court of Chancery alleging that Tik Yang Tse (also known as Denis Tse), ACE Equity Partners International, Asia-IO Equity Partners International, and ACE SO4 Holdings Limited engaged...
VORAGO Shatters Satellite Electronics Barriers, Launching Radiation-Tolerant Chips to Power the Next Generation of Satellite Constellations
VORAGO Shatters Satellite Electronics Barriers, Launching Radiation-Tolerant Chips to Power the Next Generation of Satellite Constellations
Nov 17, 2025
New microcontrollers expand Vorago’s proven deep-space heritage into growing Earth orbit markets with extreme resilience, greater sustainability, and up to 75% lower cost AUSTIN, Texas--(BUSINESS WIRE)-- The booming satellite industry just received a massive cost-saving injection paired with unprecedented ease of integration. VORAGO Technologies today announced a world first: the launch of four radiation-tolerant microcontrollers purpose-built for low Earth orbit...
Basata Taps Former NextGen Healthcare Executive Brandon Theophilus to Lead Growth Strategy
Basata Taps Former NextGen Healthcare Executive Brandon Theophilus to Lead Growth Strategy
Nov 17, 2025
PHOENIX, Nov. 17, 2025 /PRNewswire/ -- Basata, a healthcare technology company specializing in applied artificial intelligence for healthcare operations, has announced today, the appointment of Brandon Theophilus as Senior Vice President, Growth. A proven executive with a track record of driving transformation and scaling growth across healthcare and technology organizations, Theophilus brings more than two decades of leadership experience spanning business strategy,...
SuperX AI Technology Limited Appoints Enterprise Technology Veteran Dr. Chenhong Huang as Chairman and CEO to Lead Global AI Infrastructure Expansion
SuperX AI Technology Limited Appoints Enterprise Technology Veteran Dr. Chenhong Huang as Chairman and CEO to Lead Global AI Infrastructure Expansion
Nov 17, 2025
Dr. Huang's Three Decades of Multinational Executive Leadership Experience at SAP, Dell, and Schneider Electric Positions Him to Accelerate SuperX's Modular AI Factory and Full-Stack Infrastructure Strategy SINGAPORE, Nov. 17, 2025 /PRNewswire/ -- SuperX AI Technology Limited ( SUPX ) (SuperX or the Company), a full-stack AI infrastructure solutions provider, today announced the appointment of Dr. Chenhong Huang as Chairman...
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Forte Minerals Announces Private Placement to Raise up to C$2.4 Million
Forte Minerals Announces Private Placement to Raise up to C$2.4 Million
May 26, 2025
11:02 AM EDT, 05/23/2025 (MT Newswires) -- Forte Minerals ( FOMNF ) on Friday said it intends to complete a non-brokered private placement to raise up to C$2.4 million for drilling and exploration programs on the company's Peruvian projects and for general working capital. A statement noted the offering includes the sale of up to 6 million units at a...
Uber Technologies set to see Long-Term Upside From AI, AV Expansion, New Services, Tigress Says
Uber Technologies set to see Long-Term Upside From AI, AV Expansion, New Services, Tigress Says
May 26, 2025
11:00 AM EDT, 05/23/2025 (MT Newswires) -- Uber Technologies ( UBER ) is expanding into areas such as advertising, travel, and service partnerships, and autonomous vehicle technology, which offer long-term upside and help diversify the business beyond its original offerings, Tigress Financial Partners said in a note Friday. The analysts said that Uber ( UBER ) continues to benefit from...
Update: Merus Shares Surge After Revealing Favorable Interim Cancer Trial Data
Update: Merus Shares Surge After Revealing Favorable Interim Cancer Trial Data
May 26, 2025
11:02 AM EDT, 05/23/2025 (MT Newswires) -- (Updates with latest stock price movement in the headline and first paragraph.) Merus (MRUS) shares were up more than 30% in recent trading Friday, a day after the company reported favorable interim cancer trial results. The company said late Thursday that interim data from a phase 2 trial of the bispecific antibody petosemtamab...
US senators urge DOJ not to let Boeing avoid criminal prosecution
US senators urge DOJ not to let Boeing avoid criminal prosecution
May 26, 2025
WASHINGTON, May 23 (Reuters) - Two U.S. senators called on the Justice Department on Friday to prosecute Boeing ( BA ) in a criminal fraud case stemming from two fatal 737 MAX crashes and reject a tentative deal to allow the planemaker to avoid pleading guilty. DOJ must not sign a non-prosecution agreement with Boeing ( BA ) that would...
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