market-analysis
Top StoriesOrban Tightens Hold Over Telco Sector as Vodafone Sells Hungarian Unit
Top StoriesAnalysis: Antitrust Rules, Petro-Canada Profits May Hinder Suncor From Selling Unit
Top StoriesWind Turbine Maker Vestas Says Price Power Improving, Shares Jump
Top StoriesOil Prices Rise as Tight Supply, Geopolitical Tensions Linger
Continental Beats Expectations With 4.4% Margin in Q2
Date: July 20, 2022
BERLIN (Reuters) -Continental reported better-than-expected sales of 9.4 billion euros ($9.63 billion) in the second quarter on Wednesday with an adjusted earnings margin of 4.4%, slightly above analysts’ expectations of 4.2%. The car parts supplier, which in May cut its earnings forecast to 4.7%-5.7% from 5.5-6.5%, confirmed the lower outlook in preliminary results ahead of...
Post-Outage Nord Stream Gas Flows Unknown, Says German Regulator
Date: July 11, 2022
By Vera Eckert BONN (Reuters) -Germany is in the dark about how much gas Russia will pump through the Nord Stream 1 pipeline after the end of a 10-day maintenance shutdown that started on Monday, Germany’s energy regulator told Reuters. Governments, markets and companies worry that the shutdown might be extended because of the war...
Vitol CEO Says More Russian Crude and Products Set for Asia in 2023
Date: June 21, 2022
DOHA (Reuters) – More Russian crude oil and products will head to Asian markets in 2023 while Europe will turn more to the Middle East to buy diesel, Vitol CEO Russell Hardy said on Tuesday. Hardy also said tight energy markets would persist until demand slows. “Its tough to see markets really giving up much...
Insurer Hiscox Sets Aside $40 Million for Possible Losses From Ukraine Crisis
Date: May 5, 2022
(Reuters) – British insurer Hiscox said on Thursday it has set aside $40 million for expected losses due to possible claims arising from Russia’s invasion of Ukraine, joining peers in quantifying the hit from the conflict. The Lloyd’s of London insurer said the provisions were for expected losses mainly through its political violence, war and...
Telenor Q1 Profit Misses Forecast as Costs Rise
Date: May 3, 2022
OSLO (Reuters) -Norway’s Telenor posted on Tuesday weaker-than-expected first-quarter profits and said growth in earnings was expected to lag revenue development by a few quarters as costs rose. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for January-March fell 4.5% year-on-year to 11.66 billion Norwegian crowns ($1.24 billion), while analysts in a poll on...
Do Forex Signals Really Work?
Date: April 25, 2022
Identifying the right time and price to trade a currency pair is always a mind boggling task for any trader because it is one of the key ingredients for successful trades- forex signals emerged as a solution to that daunting problem. Forex signals are suggestions, recommendations, or trading ideas about the ideal time and price...