Hints and tips:
...Attempts to bolster local listings markets risk a “race to the bottom” on corporate governance, Waring said....
...If you are like me, you’ve noticed of flood of new faces in your local gym this week. In the new year, it is finally time to get fit and healthy....
...Any disruption to supplies should lift local diesel prices and shares in European refiners. These include biodiesel specialist Neste Oil of Finland and Spain’s Repsol. No rally has materialised....
...Any disruption to supplies should in theory lift local diesel prices and shares in European refiners. These include biodiesel specialist Neste Oil of Finland and Spain’s Repsol....
...Neste Sector: ENERGY / HQ: ESPOO, FINLAND Finnish group Neste was long known as an oil refiner but in recent years has pivoted decisively to renewable fuel....
...The strategy, being encouraged by local middlemen, signals the local industry’s desperate need to restart lucrative exports and cash flows....
...Spain’s Cepsa fell 0.8 per cent to €58.50 while Austria’s OMV lost 1.2 per cent to €41.79 and Finnish refiner Neste Oil shed 2.1 per cent to €23.40....
...Local rival Norsk Hydro rose 3 per cent to NKr958.50, Finland’s Neste Oil added 3 per cent to €28.75 and Vienna-listed OMV gained 3.1 per cent to €58.75....
...The Swiss group unveiled a 13 per cent rise in net profits, beating market expectations, on an 18 per cent increase in sales in local currency terms....
...Eni of Italy fell 1.3 per cent to €23.40, France’s Total slipped 1.2 per cent to €206.90, Finland’s Neste Oil shed 0.8 per cent to €23.81 and Austria’s OMV was 4.3 per cent lower at €37.86....
...The government will sell up to 52.45m shares, or 16.44 per cent, in the company this month via a public offering to local investors and a private placement abroad....
...And there was a strong performance by market newcomer Neste Oil....
...The country’s banking sector remains highly fragmented, although foreign banks have cautiously begun to invest in local institutions....
International Edition