News & Analytic Centre

European Shares Rangebound, Energy Gains Offset Tech Losses

Siemens Energy jumps after raising mid term targets RWE gains after launching 1.6 bln share buyback Just Eat Takeaway soars after selling US unit Grubhub STOXX 600 up 0.1 Nov 13 Reuters European shares swung between gains and losses on Wednesday, as rising energy shares countered technology losses, while focus remained on a key U.S. […]
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Earnings, China Worries Drag FTSE 100 to 3Month Low

FTSE 100 down 1.2; FTSE 250 down 1.4 Miners fall as copper hits 2motnh low Q3 avg wk earnings exbonus ease to 4.8 Nov 12 Reuters London39;s benchmark index hit its lowest point in over three months on Tuesday, fuelled by concerns that U.S. presidentelect Donald Trump could appoint a China hawk as a leading […]
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Oil Steadies ahead of OPEC Report, China Stimulus Limit Gains

Nov 12 Reuters Oil prices were little changed on Tuesday, awaiting further price direction from OPEC39;s monthly report, while investor disappointment over China39;s latest stimulus plan and oversupply concerns limited gains. Brent crude futures rose 38 cents, or 0.5, to 72.21 a barrel, by 0944 GMT. U.S. West Texas Intermediate crude futures were up 36 […]
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Indian Auto Parts Maker Samvardhana Motherson Misses Q2 Profit Estimates as Car Sales Slow

Nov 12 Reuters Indian auto parts maker Samvardhana Motherson International reported a smallerthanexpected increase in secondquarter profit on Tuesday, hurt by slower demand. The company, which supplies Maruti Suzuki, Mercedes Benz, Audi and other automakers, said consolidated net profit rose over fourfold to 8.8 billion rupees 104.27 million for the three months ended Sept. 30. However, […]
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BP Efforts to Scale Back Renewables wont affect JV with EnBW

FRANKFURT, Nov 12 Reuters Current efforts by BP to scale back its renewables activities have no impact on an offshore wind joint venture the oil major has with EnBW, the German utility39;s finance chief told analysts on Tuesday. Both companies formed a 5050 partnership in 2021 to jointly develop offshore wind projects in Britain, where they […]
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