Greg Abel, new head of Berkshire Hathaway, brings utility sector experience but faces investor scrutiny after Buffett’s departure. Berkshire Hathaway has transitioned leadership to Greg Abel, who now oversees the conglomerate following Warren Buffett’s departure. Abel prev
GBP/USD falls 0.9% on Thursday GBP/USD fell 0.9% on Thursday, breaking below 1.3500 in a sharp decline. The move extended a multi-week downtrend from the early-March peak. Bearish momentum built through the European afternoon, with the daily candle closing
The company forecasts stronger financial performance as its Defiance facility nears commissioning by year-end 2026. Barfresh Food Group outlined fiscal 2026 guidance, targeting $28M-$32M in revenue and $3.2M-$3.8M in adjusted EBITDA. The projections follow a Q1 2026 perfor
April PMI falls to 50.5, the lowest in months, as freight disruptions from the Iran conflict hit orders and deliveries. New Zealand’s manufacturing sector barely expanded in April, with the Performance of Manufacturing Index dropping to 50.5 from 52.8 in March. The reading
New York Fed President highlights stable labor conditions but warns of persistent inflation risks and supply chain pressures. New York Federal Reserve President John Williams stated the U.S. job market has stabilized, with no signs of overheating or dramatic slowdown. He n
WSP Solutions lands $249M contract for marine engineering services WSP Solutions, an entity of WSP Global, has won an indefinite-delivery contract worth $249M for architect-engineer services. The contract focuses on marine and waterfront engineering and design service
The pair rises over 0.32% to surpass its 20-day moving average, signaling renewed upward momentum in forex markets. USD/JPY climbed past the 158.00 mark on Thursday, advancing more than 0.32% as buyers pushed the pair above its 20-day Simple Moving Average at 158.23. The r
The currency pair rises over 0.3% after surpassing key moving averages, nearing levels that may trigger Japanese authorities' action. USD/JPY climbed past 158.00 and the 20-day Simple Moving Average at 158.23, gaining more than 0.32% as buyers target the 50-day SMA at 158.
Federal Reserve Bank of New York President signals caution on inflation despite recent progress toward the 2% target. Federal Reserve Bank of New York President John Williams refrained from declaring inflation under control, citing persistent above-target price pressures.
The New Zealand Dollar declined as traders awaited upcoming PMI and PPI releases, extending losses to close at daily lows. NZD/USD fell 0.4% on Thursday, extending losses to close at fresh session lows. The decline came as markets positioned ahead of upcoming PMI and PPI d
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