Heidkamp, who also steps up as Executive Director, has been a key fixture at RJO with nearly three decades of experience at the Chicago-based firm. He will use his expertise in trading and operations to lead the regional US team and support the company’s quest to expand into new asset classes and locations. Lloyd is…
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Known as LMEpassport, the platform in question is the digital information register that details the sustainability of metals traded on this exchange. To date, it lists 466 disclosures from 219 brands, including copper, aluminium, zinc, and lead. Don’t miss out the latest news, subscribe to LeapRate’s newsletter In 2021, when LMEpassport launched, it contained only…
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Ben Carter, chief executive officer of Master Builders Northern Territory, lauded the announcement, saying: This is a multibillion-dollar partnership between the Australian and US Defence Departments and the construction sector. It's going to create a surge in jobs, opportunities for thousands of businesses and other economy-wide benefits that will extend across the whole Top End.…
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Reuters indicated both JPMorgan (JPM.N) and HSBC (HSBA.L) considered the bids for the bank but decided against a takeover as it required too much additional capital. On Saturday, certain Metro Bank bondholders met the company’s executives to discuss funding of £500m and agree on a takeover deal before the market opens on Monday. Metro Bank…
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While several other major companies have opted to exit the UK to avoid legal hot water, Binance is willing to adhere to increasingly stringent compliance requirements to remain active in the market. The good news for customers is that most of its services comply with the new regulations. That means Margin Trading, Spot Trading, Binance…
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Experts estimate that such an acquisition could be worth as much as $60bn. They would be Exxon’s most significant endeavour since the $81bn merger with Mobil Corp. in To date, one of 2023’s biggest agreements were the Pfizer Inc. $43bn acquisition of Seagen Inc. The Wall Street Journal first reported the possibility of an Exxon…
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This makes the company one of eight Microelectronics (ME) Commons regional innovation hubs announced by the US Department of Defence. As a CLAWS Hub member, BluGlass will develop next-generation photonics devices for commercial and strategic defence applications. Led by the North Carolina State University, this hub received $39.4 million in funding for the first year…
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The German trading and investing group delivered revenue of €28.4m for the three quarters to 30th September. The ample returns helped NAGA Group back into the black after recording a €4.2m loss for the same period a year ago. A notable reduction in marketing and operational costs was key to the profit-making in Q1, Q2…
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The company, which harnesses robotics to produce things such as coffee and beer-pouring arms, priced its shares at 26,000 won each. At the start of trading, shares kicked off at 59,100 won each, 127% higher than the set IPO price. At one stage, the shares reached as much as 67,600 won. Analysts attribute this positive…
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Bitcoin was not the only cryptocurrency experiencing a decline. Ethereum also missed the mark, sliding below the $1,650 level. The global crypto market cap suffered a 0.89% blow, bringing its total value to approximately $1.08tn. Surprisingly positive results from the Job Openings and Labor Turnover Survey (JOLTS) strengthened 10-year bond yields, which are experiencing the…
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