NEW YORK, Aug 27 (Reuters) - Goldman Sachs' ( GS ) co-head of commodities trading Xiao Qin will retire by the end of the year, according to an internal memo seen by Reuters on Tuesday. His co-head Nitin Jindal remains at the bank. Qin, a 22-year Goldman veteran who became a partner in 2016, previously led commodities trading in the...

10:51 AM EDT, 08/27/2024 (MT Newswires) -- Duke Energy ( DUK ) said Tuesday a project to improve North Carolina's energy grid has been awarded $57 million in cost-share funding from the US Department of Energy. The project is a partnership between Duke and the North Carolina Department of Environmental Quality and State Energy Office, the company said. The goal...

10:54 AM EDT, 08/27/2024 (MT Newswires) -- AvidXchange Holdings ( AVDX ) said Tuesday it has formed a partnership with Workamajig to be the exclusive provider of invoice automation services within its software platform. The collaboration will enable Workamajig's clients to automate their full accounts payable procedures with AvidXchange's ( AVDX ) invoice-to-payment automation tools, the company said. Financial terms...

LONDON (Reuters) - An all-out military conflict with Hezbollah or Iran could have significant credit consequences for Israeli debt issuers, credit ratings agency Moody's said on Tuesday. We continue to assume that the ongoing tensions will not escalate into an all-out military conflict between the two sides or extend to involve Iran, thus limiting the immediate credit-negative impact on the...