Hints and tips:
...“Cheap energy helps both industries. But cement is a local business — fertiliser and chemicals are global.” The fertiliser industry has come under scrutiny for its heavy carbon footprint....
...Automobiles and Ferrari, acknowledged that “it’s been a difficult 18 months” for growth investing but said that the long-term opportunity in sectors including artificial intelligence, healthcare and renewable energy...
...Poux-Guillaume said wage, energy and transport costs were expected to remain high, contributing to an anticipated €200mn in cost inflation for Akzo this year....
...Under this, the oil tanker group would use the proceeds from the Frontline transaction to buy CMB’s green energy business, CMB.Tech, for $1.15bn....
...Heineken said price rises to offset “very high input and energy cost inflation and volatile macroeconomic conditions in some key markets affected our volume momentum”....
SLB has resisted pressure to follow its two biggest rivals in pulling out in response to Ukraine war
...deploying the latest iteration of its extreme ultraviolet lithography technology, ASML can enable 2.9 times more transistors to be packed on to a chip, significantly improving computing power, memory and energy...
The latest Houthi attack — on a vessel working for Trafigura — has tightened fuel tanker and oil products markets
...This excludes most of the carbon footprint of the oil and gas sold by its energy clients....
...Over the same period, post-crisis regulation and a decline in oil prices from their 2008 peak knocked the banks and energy groups that form a large part of European bourses....
...The German, 56, said he had “run out of energy”....
...Revenues rose 6.3 per cent to €17.4bn in the first half but operating profit fell 22 per cent to €1.6bn as Heineken absorbed higher input and energy costs, spent more on marketing and recorded an impairment...
...News round-up $700mn superyacht tied to Putin is being refitted while impounded (FT) China’s Ant Group swaps stake in India’s Paytm for debt (FT) NRG Energy stands up to Elliott Management after $5bn...
...“We spent a lot of energy designing the machine, and therefore that makes it very complicated for someone else to reproduce it . . . It’s extremely difficult to copy,” Fouquet said....
...At the same time, European markets have gained more allure for investors — the Euro Stoxx 600 index has gained more than 7 per cent so far this year, in part because the region succeeded in dodging an energy...
...Combine that with the potential for input cost pressures to abate — energy and grain prices are already falling year on year — with steady sales volumes, and shareholders should have a good reason to toast...
...If developments from AI and the “metaverse” to long-promised advances in clean energy and autonomous transportation are to live up to their potential, then chips need to keep getting cheaper, more powerful...
...Global oil demand is forecast by the International Energy Agency (IEA) to grow by 1.9mn barrels per day in 2023 despite concerns over a global economic slowdown....
...Surging energy prices over the past year have pushed up drilling and production activity and triggered a rush to secure the equipment and personnel provided by services groups....
...“Despite energy price inflation, fuel costs remain significantly lower for electric cars than petrol and diesel cars,” the report found....
.... . and fallout in industries that are completely dependent on those semiconductors,” said Peter Wennink, chief executive of ASML, in an interview with the Financial Times, pointing to the automotive, energy...
...It is struggling to pass on energy and raw material price rises, a common predicament for wholesale suppliers. The share price tells the story....
...The Dutch central banker acknowledged that, in 2011, the ECB should “probably have paid a little bit more attention” to low levels of underlying inflation — excluding more volatile energy and food costs...
...Pure and dry with masses of energy, and very obviously a grower champagne with a certain austerity but with an undertow of real class.£69.50 Lea & Sandeman Pol Roger Blanc de Blancs 2012 ChampagneIntense...
...Brewing is an energy-intensive business. Heineken’s costs are swelling fast....
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