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...For example, in recent decades, a swing of just 1 million barrels can swing crude oil prices dramatically even in a market supplied by roughly 100 million barrels per day....
...It swung to a loss from continuing operations of $3.9bn in 2023 compared with earnings of $1.1bn in 2022....
...This year’s cuts, which at €1.95mn are twice as high as the previous year, reflect the disruption at Deutsche Bank’s domestic retail unit....
...Upon the completion of the Italian and Spanish sales, Vodafone will have reduced leverage, from about 2.5 times 2024 ebitda to about 1.8 times the ebitda of its remaining units....
...Unit case volumes fell 1 per cent in the full year as a result of lower demand for Coca-Cola’s water, sports, coffee and tea business....
...On a per unit basis, the cap for April to June will be 24.5 pence per kilowatt-hour for electricity with a daily standing charge of 60.1 pence, and 6.04 pence per kWh for gas with a daily standing charge...
...Some 1,300 job cuts are planned at the Thales Alenia Space unit because of a reduction in demand for telecommunications satellites, although some employees will be offered other posts in the group....
...Power from the plant’s first 1.6 gigawatt unit is now not expected until 2030 under EDF’s latest “base case”. That is three years later than the group previously forecast....
...For November Factiva logged 1,072 individual stories in the global English-language press, which made it the third most Cybertrucky month of the year to date: That’s 10,931 Cybertruck stories in the first...
...For example, taking a very low figure of €10,000 per housing unit for 10 years, retrofitting would cost €64bn....
...Adjusted earnings per share were $0.29, and the company lifted its full-year guidance from a range of $1.00-$1.10 to $1.20-$1.24....
...In 2021, Deloitte also offloaded its restructuring unit to Teneo, which is backed by private equity group CVC....
...The bank booked a net profit of S$1.6bn (US$1.2bn) for the October-December quarter, up 12 per cent from the same period in 2022, even as the lender expects “low single-digit loan growth” in 2024....
...For years Vodafone has grappled with a sprawling array of businesses leading to shareholder pressure to ditch underperforming units....
...The copper unit reported underlying Ebitda of $1.9bn, down a quarter on the year before, with Oyu Tolgoi partly balancing out the hit to income from a suspension of smelting at the Kennecott operation in...
...That is not far behind UPS which, annualised, handled about 6.9bn units....
...While the average here is just 185 vehicles per 1,000 inhabitants, there are almost 800 vehicles per 1,000 inhabitants in the USA and around 580 in Germany,” said VW....
...Market optimism for this unit has lifted the share price. Shares in the US investment bank have rallied 30 per cent since late October to trade just 10 per cent below the all-time high....
...Networks and language lessons Less than 1 per cent of Japan’s top listed companies are led by a woman....
...Hammerson, one of the UK’s largest listed retail landlords, said estimated rental values (ERV) for its core portfolio were revised up, by 1.7 per cent, for the first time in six years....
...And I think demand is likely to reach 5mn units by around 2025,” he said. In the third quarter, hybrid sales increased 47 per cent year on year to 951,000, as total vehicle sales rose 10 per cent....
...After a judge dismissed the claims against the publishers, a jury in Washington, DC, found Simberg individually liable for $1,000 in damages, and Steyn for $1,000,000....
...Local units of France’s TotalEnergies and Italy’s Agip own 10 per cent and 5 per cent, respectively. The joint venture controls 18 oil production licences and is operated by SPDC....
...Meanwhile, games developers have been forced to cut thousands more jobs this year after already slashing as many as 10,000 in 2023....
...His aide, Vadym Skibitskyi, said this week about 1,000 to 1,100 people join the Russian army every day, through mobilisation or voluntarily....
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