US labor costs rose at the slowest annual pace in the fourth quarter as wage growth slowed, giving a boost to the Federal Reserve in its fight against inflation. The Labor Department said on Tuesday that the hiring cost index, the broadest measure of labor costs, rose 1 percent in the fourth quarter This was … Read more
Tall columns of smoke were visible on site during the morning, but the fire was already extinguished by 11 o’clock, according to Södertörn’s fire brigade. In connection with the fire, six people received medical care. – Of these, one person has had to be taken to hospital, five people have been treated on site, says … Read more
(Ecofin Agency) – By harnessing its enormous solar potential, the continent could produce green hydrogen at low cost and on a large scale to meet local demand and become a major player in the global decarbonized energy market. Africa has the capacity to produce 50 million tonnes of green hydrogen each year by 2035 at … Read more
– – After a new review, Carnegie analyst Oddvar Bjørgan lowers the price target on Equinor from NOK 480 to NOK 400, the price target on Vår Energi is adjusted down from NOK 55 to NOK 50, while the price target on Aker BP is lowered from NOK 420 to NOK 380. Carnegie repeats the … Read more
Before the interest rate decisions of the Major Central Banks to be announced this week, the decline in oil prices continues with the effect of Russia’s strong export figures. Brent oil for March delivery was trading at $85.3 a barrel, down 1.4 percent. The barrel price of West Texas Intermediate crude oil in the USA … Read more
photo of Vladimir Ivanovs (V). IKEA has started using more wood from Vedic and Baltic ali to replace Russian and Belarusian oils. We managed to replace Russian and Belarusian suppliers with other beers in a very tight wood market, Ulf Johansson, the global head of wood supply and manufacturing at Inter IKEA, the owner of … Read more
Oil and gas exploration work in Lebanon, which witnessed the signing of a new agreement today, Sunday, January 29 (2023), is preparing to start within a few days. The CEO of the French Total Energy company, Patrick Pouyanné, said that his company is keen to start work on offshore block 9 as soon as possible, … Read more
HEATING DIESEL DIESEL HEATING 50S (AT THE PUMP) EUR/L 1.1760 (-0.023) DIESEL HEATING 50S (LESS THAN 2000 L) EUR/L 1.0700 (-0.0233) DIESEL HEATING 50S (FROM 2000 L) EUR/L 1.0344 (-0.0234) DIESEL GAS OIL (HEATING APPLICATION) DIESEL (LESS THAN 2000 L) EUR/L 1.1012 (-0.0218) DIESEL (FROM 2000 L) EUR/L 1.0656 (-0.0219) GASOIL DIESEL (APPLICATION AGRICULTURE) DIESEL … Read more
Cairo – Mubasher: The financial indicators of the Abu Qir Fertilizers and Chemical Industries Company showed an increase in the company’s profits during the first half of the current fiscal year by 126 percent, on an annual basis. The company added, in a statement issued to the Egyptian Stock Exchange today, that it achieved a … Read more
US bond funds received net inflows for the third week in a row, as investors are still hopeful that the Reserve Bank will raise interest rates by about 25 points next week. According to Refinitiv Lipper data, US bond funds received net inflows of $4.89 billion during the week ending last Wednesday, but it was … Read more