Day: September 12, 2022
JPMorgan Chase & Co. JPM, +0.48% said Monday it’s paying an undisclosed sum to acquire Renovite Technologies Inc., a privately-held cloud payments technology company based in Fremont, Calif. and founded in 2015. Renovite Technologies has been a service provider to JPMorgan since 2021. Max Neukirchen, global head of payments and Commerce Solutions at JPMorgan, said […]
General Electric Co. GE, +0.37% said Monday it’s on track for the targeted spinoff of GE HealthCare the first week of Jan. 2023. The company said it would create a board of directors for the business following the spinoff. GE Chairman and CEO Lawrence Culp will be non-executive chairman of the new company, while Peter […]
AmerisourceBergen Corp. ABC, -0.18% said Monday it has agreed to acquire PharmaLex Holding GmbH, a German company offering specialized services for the life sciences industry, or 1.28 billion euros ($1.29 billion) in cash. The deal “will advance AmerisourceBergen’s role as partner of choice for biopharmaceutical manufacturers by enhancing AmerisourceBergen’s global portfolio of solutions to support […]
Bitcoin (BTC) starts a pivotal week on a firm footing as bulls succeed in wiping out weeks of losses. After closing the latest weekly candle at $21,800, its highest since mid-August, BTC/USD is back on the radar as a long bet. The end to an extended period of downside interspersed with sideways price action now […]
The World Anti-Doping Agency (WADA) is expected to keep cannabis on its prohibited substance list in 2023, The Wall Street Journal reported on Monday. The move comes after the U.S. Anti-Doping Agency pushed for a rule change on cannabis after sprinter Sha’Carri Richardson was suspended and cut from the U.S. Olympic team last year for […]
U.S. known cases of COVID are continuing to ease and now stand at their lowest level since early May, although the true tally is likely higher given how many people are testing at home, where the data are not being collected. The daily average for new cases stood at 66.159 on Sunday, according to a […]
Bristol Myers Squibb BMY, +1.12% shares rose 7% in premarket trade after the company said the U.S. Food and Drug Administration approved Sotyktu, which the drugmaker said was the first innovation in oral treatment for moderate-to-severe plaque psoriasis in nearly 10 years. Bristol Myers Squibb said the approval came after Phase 3 trials found it […]
EURGBP On Watch EURGBP is once again starting to look interesting following months of choppy, hard-to-trade price action. The market has rallied firmly off the June lows and is now testing major resistance at the .8719 level. This has been a key resistance level in the pair since early 2021 and a break here would […]
EURUSD At A Turning Point? The rally in the EUR stemming from last week’s hawkish ECB meeting has seen EURUSD breaking out above the bear channel for the first time this year. With plenty of bullish divergence on momentum studies into recent lows, there is room for a fuller recovery here. The sharp shift in […]
24% of KBC Bank and Ulster Bank accounts closed since the start of 2022 600,311 accounts were opened in the three main remaining banks in the first eight months of the year Updated figures will be published monthly As part of its ongoing work to supervise the withdrawal of Ulster Bank and KBC Bank from […]
