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Equinor Shares Soar on Record 2022 Profit, Q4 Beat

Operating profit more than doubled to 74.9 bln in 2022 Q4 15.1 bln vs forecast 14.4 bln Raises regular quarterly dividend Shares rally 7 OSLO, Feb 8 Reuters Equinor on Wednesday posted a record 74.9 billion adjusted operating profit for 2022, more than double its previous high, as gas prices soared and fourthquarter results beat expectations, […]
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Maersk Warns Lower Container Volumes to Hit 2023 Profits

Sees 2023 underlying EBITDA of 811 billion Down from a record 36.8 billion in 2022 Sees lower container volumes and freight rates Shares drop 5 COPENHAGEN, Feb 8 Reuters Shipping group A.P. MollerMaersk warned on Wednesday lower container volumes and freight rates would drive a fourfold plunge in profits this year, even as it reported record […]
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Oil Rises for Third Day as Rate Hike Concerns Ease

Fed chair comments seen as less hawkish than feared API said to report crude stocks fall about 2.2 million barrels Iranian official sees OPEC sticking to policy at next meeting Coming up EIA supply report, 1530 GMT LONDON, Feb 8 Reuters Oil rose for a third straight day on Wednesday as investor concern eased about […]
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UKs NIESR Cuts Growth Outlook for 2023

LONDON, Feb 8 Reuters Britain will dodge recession this year but its people will face the aftereffects of a severe fall in living standards caused by surging inflation, which will leave millions struggling to pay their bills, academic researchers forecast on Wednesday. Britain39;s National Institute for Economic and Social Research NIESR cut its forecast for […]
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