financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
US dollar tries to recover from five-week trough
US dollar tries to recover from five-week trough
May 27, 2025
The US dollar rose in European trade on Tuesday for the first time in three sessions against a basket of major rivals, as it tries to recover from five-week lows on short-covering. Now traders await important US data later today to assess the odds of future Fed rate cuts. The Index The dollar index rose 0.5% to 99.44, with a...
Yen rushes to four-week high on strong demand
Yen rushes to four-week high on strong demand
May 27, 2025
The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...
How does the Fed react to Trump's trade war?
How does the Fed react to Trump's trade war?
May 27, 2025
The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...
US dollar extends losses to five-week trough on US debt concerns
US dollar extends losses to five-week trough on US debt concerns
May 26, 2025
The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...
World >
Market >
Environment >
Technology >
Agero Enters into Agreement to Acquire Urgently, for $5.50 in Cash Per Share, Expanding Tech-Driven Roadside Assistance Across Automotive, Fleet, Rental, and Insurance Markets
Agero Enters into Agreement to Acquire Urgently, for $5.50 in Cash Per Share, Expanding Tech-Driven Roadside Assistance Across Automotive, Fleet, Rental, and Insurance Markets
Mar 13, 2026
MEDFORD, Mass. & ASHBURN, Va., March 13, 2026 (GLOBE NEWSWIRE) -- Agero, Inc., the leading white-label provider of digital driver assistance services and software for major automotive and auto insurance brands, today announced that it has entered into an agreement to acquire Urgent.ly, Inc. ( ULY ) (“Urgently”), a U.S.-based technology focused provider of roadside and mobility assistance with innovative,...
Alset AI Announces Closing of Shares for Debt Transaction
Alset AI Announces Closing of Shares for Debt Transaction
Mar 13, 2026
VANCOUVER, BC / ACCESS Newswire / March 13, 2026 / Alset AI Ventures Inc. ( GPUSF ) (FSE:1R60, WKN:A40M0J) (Alset AI or the Company) an artificial intelligence (AI) venture company advancing innovation through strategic investment and cloud computing solutions, is pleased to announce that it has closed its previously-announced shares for debt transaction pursuant to debt settlement agreements dated January...
Charter to Participate in NSR/BCG Global Connectivity Leaders Conference
Charter to Participate in NSR/BCG Global Connectivity Leaders Conference
Mar 13, 2026
STAMFORD, Conn., March 13, 2026 /PRNewswire/ -- Charter Communications, Inc. ( CHTR ) (along with its subsidiaries, Charter) today announced that Jessica Fischer, Chief Financial Officer, will participate in the NSR and BCG Global Connectivity Leaders Conference in New York, New York on Thursday, March 26, 2026. Ms. Fischer's remarks are scheduled to begin at 11:00 a.m. ET. A live...
Agero Enters into Agreement to Acquire Urgently, for $5.50 in Cash Per Share, Expanding Tech-Driven Roadside Assistance Across Automotive, Fleet, Rental, and Insurance Markets
Agero Enters into Agreement to Acquire Urgently, for $5.50 in Cash Per Share, Expanding Tech-Driven Roadside Assistance Across Automotive, Fleet, Rental, and Insurance Markets
Mar 13, 2026
Acquisition combines Urgently and Agero’s industry-leading technology and scale to enhance experiences for automakers, insurers, mobility and service providers MEDFORD, Mass. & ASHBURN, Va.--(BUSINESS WIRE)-- Agero, Inc., the leading white-label provider of digital driver assistance services and software for major automotive and auto insurance brands, today announced that it has entered into an agreement to acquire Urgent.ly, Inc. (...
Personal Finance >
Politics >
Retail >
Business >
Dye & Durham Announces Expiry of Substantial Issuer Bid
Dye & Durham Announces Expiry of Substantial Issuer Bid
Jun 24, 2024
08:24 AM EDT, 06/24/2024 (MT Newswires) -- Dye & Durham ( DYNDF ) on Monday said its substantial issuer bid to buy back up to $185 million of its 3.75% senior unsecured convertible debentures due March 1, 2026 expired on June 21. The company didn't repurchase any debentures during the bid, which won't be extended, Dye & Durham ( DYNDF...
Saputo Completed Sale Of Two Fresh Milk Processing Facilities In Australia
Saputo Completed Sale Of Two Fresh Milk Processing Facilities In Australia
Jun 24, 2024
08:24 AM EDT, 06/24/2024 (MT Newswires) -- Saputo Inc. ( SAPIF ) , which claims to be one of the 10 ten dairy processors in the world, announced Monday it has completed the previously announced sale of two fresh milk processing facilities located in Laverton North, Victoria, and Erskine Park, New South Wales, to Coles Group Limited, an Australian-based supermarket,...
Orthofix Medical Names Michael Finegan as Board Chair
Orthofix Medical Names Michael Finegan as Board Chair
Jun 24, 2024
08:23 AM EDT, 06/24/2024 (MT Newswires) -- Orthofix Medical ( OFIX ) said Monday that Michael Finegan has been named as chair of the board of directors. Finegan was appointed to the company board in December 2023. He is chief executive at Acera Surgical, before which he spent 14 years at Orthofix, including seven years as chief strategy officer, the...
Eli Lilly's Zepbound For Weight Loss Shows Disease Resolution In Obese Sleep Apnea Patients, Lays Further Groundwork For Label Expansion
Eli Lilly's Zepbound For Weight Loss Shows Disease Resolution In Obese Sleep Apnea Patients, Lays Further Groundwork For Label Expansion
Jun 24, 2024
On Friday, Eli Lilly And Co ( LLY ) released detailed results from the SURMOUNT-OSA phase 3 trials evaluating tirzepatide injection (10 mg or 15 mg) for moderate-to-severe obstructive sleep apnea (OSA) in adults with obesity, with and without positive airway pressure (PAP) therapy. In both studies, tirzepatide achieved all primary and key secondary endpoints for both the efficacy and treatment-regimen estimands and...
Economy >
Cryptocurrency >
Ripple v. SEC Case Over? XRP Holders Confused by New Twist
Ripple v. SEC Case Over? XRP Holders Confused by New Twist
Jan 29, 2025
TL;DR The SEC removed the Ripple lawsuit from its website, sparking speculation, but attorney Jeremy Hogan confirmed the case is still active in appellate court. Lawyer John Deaton recently outlined three possible outcomes: continued appeal, a $125M settlement, or the SEC dropping the case and scrapping the multi-million fine. A Resolution at Last? Several hours ago, the crypto community got...
Ripple Price Analysis: XRP Forms Bullish Pattern, Eyeing $4 Surge
Ripple Price Analysis: XRP Forms Bullish Pattern, Eyeing $4 Surge
Jan 29, 2025
Ripple’s price has been rallying higher over the past few months, and this is true against both USDT and BTC. Yet, as the technical charts suggest, XRP could rise even higher in the near future. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the USDT paired chart, the third-largest cryptocurrency has been making higher highs and lows over the...
89% of DEX Pools Exploited by Creators in Pump
89% of DEX Pools Exploited by Creators in Pump
Jan 29, 2025
An estimated 89% of DEX pools associated with potential pump-and-dump schemes appear to be exploited by the address that originally created the pool. The other 11% are likely rugged by addresses financially supported by the pool creator or token deployer. In certain cases, the same funding source appears to have backed both the pool creator and the exploiter, indicating potential...
Bitcoin Whales Resume Accumulation: Is a Rally Imminent? (CryptoQuant)
Bitcoin Whales Resume Accumulation: Is a Rally Imminent? (CryptoQuant)
Jan 29, 2025
The crypto market is recording a surge in bitcoin (BTC) inflows to whale wallets, indicating that this cohort of investors has begun to accumulate the digital asset again amid the recent downturn. Analysts at the market intelligence platform CryptoQuant see a substantial inflow of BTC into whale addresses as the act of storing BTC in custody wallets after over-the-counter (OTC)...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved