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Oil prices marginally down over strong dollar value

2017-09-25 01:00:00| Offshore Technology

Oil prices have fallen marginally due to strong US dollar but continued to hold most of the gains procured, following reports suggesting that the crude market is gradually rebalancing.

Tags: value prices strong oil

 

Demand for feeder cattle continues strong

2017-09-23 06:12:13| Beef

Although calves are starting to encounter some seasonal pressure, buyers continue to bid aggressively for feeder-weight cattle.

Tags: strong demand continues cattle

 
 

Zara owner profits jump despite strong euro

2017-09-20 08:18:14| BBC News | Business | UK Edition

Inditex had a net income of 1.4bn euros in the six months to 31 July - 9% higher than the previous year.

Tags: jump euro strong owner

 

Veon lowers FY profit forecast on strong devaluation of Uzbek currency

2017-09-15 16:05:00| Telecompaper Headlines

(Telecompaper) Veon expects annualised decreases in revenues of USD 300-350 million and in underlying EBITDA of USD 175-225 million. Based on 2016 total annual revenues of USD 9 billion and underlying EBITDA of USD 3.6 billion, the impact represents 3.5 percent of revenues and 5.5 percent of underlying EBITDA. The group's net debt/underlying EBITDA ratio is expected to immediately increase by 0.1x and net assets are expected to decrease by USD 485 million. 

Tags: strong profit currency forecast

 

Oil prices steady after strong gains due to higher demand forecast

2017-09-14 01:00:00| Offshore Technology

Oil prices have remained steady following significant gains in the earlier session after the International Energy Agency (IEA) predicted stronger demand.

Tags: due prices strong higher

 

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