Forex News

Dollar Drops Amidst Renewed Rate Cut Hopes

The U.S. Dollar declined significantly during the week ended July 5 amidst weak economic data from the U.S. that renewed expectations of a rate cut by the Fed.
RTTNews | 115 days ago
Boeing To Plead Guilty To Criminal Fraud Charge Over 737 Max Crashes

Boeing To Plead Guilty To Criminal Fraud Charge Over 737 Max Crashes

Boeing Co. has agreed with the Department of Justice to plead guilty to a criminal fraud charge in connection with two 737 Max crashes in Indonesia and Ethiopia that killed 346 people in total. With the agreement, the company will be able to avoid a criminal trial over the crashes, which so far have caused the aerospace and defence major billions in claims and in penalties.
RTTNews | 115 days ago
KORE Group Appoints Bruce Gordon As EVP And COO

KORE Group Appoints Bruce Gordon As EVP And COO

KORE Group Holdings, Inc. (KORE) announced Monday that Bruce Gordon has joined as Executive Vice President and Chief Operating Officer (COO), effective July 2, 2024.
RTTNews | 115 days ago
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CASI Pharmaceuticals Appoints Daniel Lang As CFO

CASI Pharmaceuticals Appoints Daniel Lang As CFO

Biopharmaceutical company CASI Pharmaceuticals, Inc. (CASI) announced Monday the appointment of Daniel Lang as Chief Financial Officer and Senior Vice President, effective July 8, 2024.
RTTNews | 115 days ago
Devon Energy To Buy Williston Basin Business Of Grayson Mill Energy For $5 Bln

Devon Energy To Buy Williston Basin Business Of Grayson Mill Energy For $5 Bln

Oil and gas producer Devon Energy (DVN) announced Monday it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction valued at $5 billion, consisting of $3.25 billion of cash and $1.75 billion of stock to the sellers.
RTTNews | 115 days ago
Paramount Global To Merge With Skydance; Stock Up

Paramount Global To Merge With Skydance; Stock Up

Media major Paramount Global and Skydance Media, founded by David Ellison, son of Oracle founder Larry Ellison, announced late Sunday their agreement to merge in an all-stock transaction, to form New Paramount at an enterprise value of around $28 billion. In pre-market activity on the Nasdaq, Paramount Global shares were gaining around 4.7 percent.
RTTNews | 115 days ago

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