Arch Resources Says George Schuller Jr Joins As SVP And COO
(RTTNews) - Arch Resources, Inc. (ARCH) announced Tuesday that George Schuller Jr., a highly regarded mining industry executive with decades of senior operational leadership experience, has joined the company as senior vice president and chief operating officer, effective immediately.
Schuller has more than 30 years of experience in the global mining industry, most recently serving as COO at Compass Minerals, Inc. Prior to joining Compass in 2019, Schuller held a range of high-ranking operational roles at Peabody Energy, including president, Australia; COO, Australia; group executive operations, Australia; and group executive, Powder River Basin and the Southwest.
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Swiss Market Ends On Firm Note
Save for a few minutes at the start, the Switzerland market's benchmark index SMI stayed positive on Friday as lower oil prices and bond yields helped underpin sentiment.
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European Markets Recover From Multi-month Lows, Close On Positive Note
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The Canadian market is up firmly in positive territory around noon on Friday thanks to weak oil prices and lower bond yields aiding sentiment.
Additionally, weaker than expected jobs data from the U.S. has somewhat reduced the likelihood of the Federal Reserve raising interest rates at its next meeting later this month.
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Euro Slides Against Majors
The euro weakened against other major currencies in the European session on Friday.
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Walmart Recalls Over 4.4 Mln Grill Brushes For Ingestion Risk
Retail giant Walmart Inc. is recalling around 4.478 million units of metal wire bristle grill brushes, citing risk of ingestion and internal injuries, according to the U.S. Consumer Product safety Commission or CPSC. The recall involves certain Walmart Expert Grill brushes with black plastic or stainless-steel handles. Some brushes come with metal scraper attached.
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Bay Street Headed For Positive Start
Canadian stocks look headed for a positive start on Friday with concerns about inflation and interest rates easing a bit following a sharp drop in oil prices. Bond yields have dropped as well.
U.S. non-farm payroll data for the month of September is likely to make an impact on investor sentiment.
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