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Sterling resumes losses on UK budget concerns
Sterling resumes losses on UK budget concerns
Nov 7, 2025
The British pound fell in European trading on Friday against a basket of major currencies, resuming losses after a two-day rebound from a seven-month low against the US dollar. The decline came as investors grew increasingly concerned about the upcoming UK budget, expected to be announced soon. UK Chancellor of the Exchequer Rachel Reeves signaled this week that broad-based tax...
How energy providers can capitalize on the data center boom
How energy providers can capitalize on the data center boom
Nov 6, 2025
The rapid rise of artificial intelligence and digital infrastructure has made data centers the fastest-growing source of electricity demand in North America. As grid operators and policymakers race to keep pace with this surge, energy providers face a historic opportunity to unlock new avenues of growth and revenue. The First Challenge: Capacity Bottlenecks Data center developers are working under tight...
US dollar on track for limited weekly profits on balance between Fed policies and economic softness
US dollar on track for limited weekly profits on balance between Fed policies and economic softness
Nov 7, 2025
The US dollar is on track for a modest weekly gain as investors balance the Federal Reserves hawkish tone with persistent concerns about the US economy. The dollar began a five-day winning streak last week after Fed Chair Jerome Powell acknowledged the risks of further monetary easing, but it reversed sharply on Thursday following weak labor market data. US Treasury...
Yen declines after grim spending data from Japan
Yen declines after grim spending data from Japan
Nov 7, 2025
The Japanese yen weakened in Asian trading on Friday against a basket of major and minor currencies, paring some of its gains from the previous day against the US dollar after the release of gloomy economic data showing an unexpected slowdown in household spending. Despite todays decline, the yen remains on track to post a weekly gain, supported by buying...
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VersaBank up 8.3% in U.S. Pre-market Despite Q3 Misses; Updates On Expansion of RPP Program
VersaBank up 8.3% in U.S. Pre-market Despite Q3 Misses; Updates On Expansion of RPP Program
Sep 4, 2025
07:54 AM EDT, 09/04/2025 (MT Newswires) -- VersaBank ( VBNK ) , up more than 8% in New York trade, on Thursday said third-quarter adjusted earnings were lower, and missed expectations, while total revenue increased, but also missed forecast, as the company ramps up its Receivable Purchase Program in the United States. For Q3, adjusted net income, which excludes most...
Sector Update: Health Care
Sector Update: Health Care
Sep 4, 2025
08:56 AM EDT, 09/04/2025 (MT Newswires) -- Health care stocks were steady premarket Thursday, with the Health Care Select Sector SPDR Fund (XLV) slightly declining and the iShares Biotechnology ETF (IBB) inactive. Sanofi ( SNY ) reported positive late-stage trial results of its experimental drug for the skin condition atopic dermatitis but according to news outlets, the improvement was less...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Amid Incoming Economic Data
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday Amid Incoming Economic Data
Sep 4, 2025
08:29 AM EDT, 09/04/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.2% and the actively traded Invesco QQQ Trust (QQQ) was 0.2% higher in Thursday's premarket activity as investors await a deluge of economic data. US stock futures were also higher, with S&P 500 Index futures up 0.2%, Dow...
Goldman Sachs sees gold prices surpassing  $4,000 if investors ramp up buying
Goldman Sachs sees gold prices surpassing  $4,000 if investors ramp up buying
Sep 4, 2025
(Reuters) -Goldman Sachs said gold prices could surge well above its $4,000 per troy ounce baseline by mid-2026, should private investors diversify more heavily into the metal. Spot gold prices hit a record high of $3,578.50 per ounce  on Wednesday on expectations of a U.S. Federal Reserve interest rate cut later this month, while lingering global uncertainties kept safe-haven demand...
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Lightera Announces Leadership Transition as Company Marks First Year of Global Integration
Lightera Announces Leadership Transition as Company Marks First Year of Global Integration
Apr 1, 2026
NORCROSS, Ga., April 1, 2026 /PRNewswire/ -- Lightera today announced the appointment of Holly Hulse as Chief Executive Officer, effective April 1, 2026. She succeeds Foad Shaikhzadeh, who will continue to serve as Chairman. The transition marks the next phase in Lightera's evolution following its successful first year as a unified global organization. The Furukawa Electric Group initiated the integration...
AppLovin to Announce First Quarter 2026 Results
AppLovin to Announce First Quarter 2026 Results
Apr 1, 2026
PALO ALTO, Calif.--(BUSINESS WIRE)-- AppLovin Corporation ( APP ), (“AppLovin” or the “Company”) the leading marketing platform, today announced it will report financial results for the first quarter ended March 31, 2026 on Wednesday, May 6, 2026 after the U.S. stock market closes. An accompanying webinar will take place at 2:00 PM PT / 5:00 PM ET on May 6,...
SIKORA Unveils Three New Product Innovations for the Wire and Cable Industry
SIKORA Unveils Three New Product Innovations for the Wire and Cable Industry
Apr 1, 2026
DOWNERS GROVE, Ill., April 1, 2026 /PRNewswire/ -- SIKORA, part of MAAG Group and Dover , today announced three new solutions designed to improve quality control, increase production efficiency and reduce material usage in cable and wire manufacturing. These innovations include a new addition to the LASER PRO diameter measurement series, the X-RAY 6000 measurement system and the LM PRO...
Lam Research Corporation Announces March Quarter Financial Conference Call
Lam Research Corporation Announces March Quarter Financial Conference Call
Apr 1, 2026
FREMONT, Calif., April 1, 2026 /PRNewswire/ -- Lam Research Corp. ( LRCX ) today announced that the company will host its quarterly financial conference call and webcast on Wednesday, April 22, 2026, beginning at 2:00 p.m. Pacific Daylight Time (5:00 p.m. Eastern Daylight Time). Webcast:                  To access the webcast, visit the Investors...
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Rocket Lab aborts latest launch due to ground support equipment issue
Rocket Lab aborts latest launch due to ground support equipment issue
Sep 25, 2024
WELLINGTON, Sept 19 (Reuters) - Rocket Lab said on Thursday that the scheduled launch of its Electron rocket into space from a facility in New Zealand was aborted just prior to lift off due to issues with on ground support equipment. The rocket, carrying five satellite for Kineis, a French operator and provider of space-based internet-of-things (IoT) connectivity, failed to...
PRESS DIGEST-British Business - Sept 19
PRESS DIGEST-British Business - Sept 19
Sep 25, 2024
Sept 19 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Legal & General ( LGGNF ) has agreed to sell Cala Homes to American private equity firm Sixth Street Partners and London-based buyout house Patron Capital for...
Analog Devices, Tata Group in talks to make semiconductors in India
Analog Devices, Tata Group in talks to make semiconductors in India
Sep 25, 2024
BENGALURU (Reuters) - Analog Devices ( ADI ) and Indian salt-to-aviation conglomerate Tata Group have signed a pact to explore making semiconductor products in India, the U.S. chipmaker said on Wednesday. Tata Electronics, the electronics-manufacturing arm of the 156-year-old group, is investing a total of $14 billion to build India's first semiconductor fabrication facility in Gujarat state and a chip-assembly...
Talks between Boeing, striking union stall without a deal
Talks between Boeing, striking union stall without a deal
Sep 25, 2024
(Reuters) - Contract talks between Boeing and its largest union stalled on Wednesday after both sides failed to reach an agreement on key issues in presence of federal mediators. While we remain open to further discussions, whether directly or through mediation, currently, there are no additional dates scheduled, the International Association of Machinists and Aerospace Workers (IAM) said in a...
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