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19 Jan

ASML reports Q4 net profit of $2 billion, sees 2022 sales up 20%

ASML Holding NV, a key supplier to computer chip makers, on Wednesday reported better-than-expected fourth-quarter earnings of 1.77 billion euros ($2.01 billion) and said it sees sales growth of 20% in 2022.

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19 Jan

Euro zone inflation to burn hotter, but ECB rates to stay on ice: Reuters poll

Euro zone inflation is set to burn hotter throughout 2022 than expected a month ago, according to economists polled by Reuters, which could pressure the European Central Bank to tighten policy once the Omicron wave of the pandemic passes.

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18 Jan

Oil hits 7-yr highs as Mideast unrest stokes more supply jitters

Oil prices on Tuesday climbed to their highest since 2014 as possible supply disruption after attacks in the Middle East added to an already tight supply outlook.

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18 Jan

Higher interest rates may cause Japan's debt-servicing to top 30 trln yen in FY2025 - draft

Japan's debt servicing costs would exceed 30 trillion yen ($261.55 billion) for the first time ever in fiscal 2025 if interest rates rise by 1% more than expected, a draft of the Ministry of Finance's (MOF) estimates, due later this month, showed.

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18 Jan

Coca-Cola's African subsidiary eyes more consolidation in continent

Coca-Cola Beverages Africa (CCBA), the biggest bottling unit of Coca-Cola in the continent, is eyeing further consolidation of the parent's bottling operations there, its chief executive said on Tuesday, as it prepares to go public.

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18 Jan

Oil hits 7-yr highs as global unrest stokes supply jitters

NEW YORK (Reuters) -Oil prices on Tuesday climbed to their highest since 2014 as investors worried about global political tensions involving major producers such as the United Arab Emirates and Russia that could exacerbate the already tight supply outlook.

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18 Jan

Less than half of projected U.S. renewable diesel output likely by 2025- study

(Reuters) -U.S. refiners and biofuel companies are likely to reach less than half the renewable diesel production projected by the U.S. government for 2025 due to policy and feedstock constraints, according to a study https://theicct.org/wp-content/uploads/2022/01/impact-renewable-diesel-us-jan22.pdf released Tuesday from consultancy Cerulogy.

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