Article content Under Armour Inc said on Wednesday Patrik Frisk would step down from his role as president and chief executive officer, effective June 1. Shares of the Baltimore-based company fell 2.2% in extended trade. The apparel maker named Chief Operating Officer Colin Browne as its interim CEO, while it searches for a permanent replacement. […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Karen Braun Article content NAPERVILLE — The U.S. government’s latest projections suggest a little more comfort in global soybean stocks over the next year versus corn or wheat, but that is based on some crop assumptions that could be difficult to achieve, especially all at […]
Breadcrumb Trail Links FP Investor Worst one-day loss for the S&P 500 and Dow since June 2020 Author of the article: Reuters Noel Randewich and Amruta Khandekar Publishing date: May 18, 2022 • 8 minutes ago • 3 minute read • 5 Comments A trader works on the trading floor at the New York Stock Exchange. […]
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: GlobeNewswire Article content All figures in $USD unless otherwise noted.TORONTO, May 18, […]
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: GlobeNewswire Article content US$1.25M in Cash and US$1.25M in CopAur Shares VANCOUVER, […]
The Union Cabinet on Wednesday approved a host of amendments to the National Policy on Biofuels, 2018 and advanced the target of blending 20% ethanol-blended petrol by five years, from 2030 to 2025-26. It also allowed more feedstocks for the production of biofuels, which when mixed with auto fuels, can help the country cut dependency […]
Singapore-based Jungle Ventures on Wednesday raised $600 million towards the close of its fourth fund. This includes $450 million in the main fund and $150 million in additional managed commitments. The venture capitalist (VC) firm, which invests across Southeast Asia and India, has already made investments with the new corpus in Singapore’s Sleek, Vietnam’s first […]
Chennai-based Indian Overseas Bank (IOB) reported a 58% jump in profit after tax (PAT) to Rs 552 crore in the quarter ended March 2022. The operating profit stood at Rs 1,614 crore in Q4FY22 against Rs 1,724 crore in the year-ago period. The net interest margin for Q4FY22 was 2.41% compared with 2.39% in the […]
Yoga guru and businessman Baba Ramdev-helmed Patanjali Ayurved has signed an agreement to sell its food retail business to Ruchi Soya Industries, a firm it acquired through an insolvency process, for Rs 690 crore. The deal – comprising 21 major products such as ghee, honey, spices, juices and atta – is to accelerate Ruchi Soya’s […]
The government on Wednesday asserted that the new CERT-In directives have to be followed by everybody, be it virtual private network (VPN) service providers, cloud service providers or others, and in case anyone does not want to abide by the rules, they are free to pull out from the country. The stern warning from the […]