TotalEnergies SE has paused its offshore wind farm project off New York's coast following Donald Trump's election victory, as he has pledged to hinder the green energy sector. CEO Patrick Pouyanne announced the decision at an energy conference in London, citing the political shift.
Chile's government is considering delaying a controversial proposal that would reduce profits for some renewable energy producers. Energy Minister Gabriel Boric indicated that the focus will shift to alternative funding methods to enhance electricity subsidies for low-income families, with a review of the rules for small generators planned for the future.
Shares of JetBlue Airways Corp. fell 3.5% to $5.91 after UBS initiated coverage with a "sell" rating and set a price target of $5, indicating an 18.3% decline from the last close. The brokerage expressed concerns over capacity constraints and high inflation impacting RASM growth, while also noting that JetBlue's leverage is expected to remain high. Year-to-date, JetBlue shares had been up approximately 7%.
19:14 26.11.2024
In 2025, car insurance type classes will change, affecting over 12 million vehicle owners in Germany. Approximately 5.1 million will benefit from lower premiums, while around 7.1 million may face higher costs. The German Insurance Association determines these classifications based on claims data, impacting liability and comprehensive coverage costs.
Venture Global LNG Inc. is exploring the development of a fifth export project, named CP3, on the US Gulf Coast. This facility would be located in Louisiana, adjacent to its existing Calcasieu Pass plant, positioning the company to potentially become the largest exporter of LNG in the nation.
In 2025, the outlook for private infrastructure is positive, driven by resilient economic growth, declining interest rates, and attractive valuations. However, challenges such as technological disruptions and political risks persist, particularly in sectors like renewables and digital infrastructure, while traditional areas remain overlooked. The report emphasizes the importance of careful investment strategies to navigate this complex landscape and highlights a potential opportunity in infrastructure debt amid upcoming maturity challenges.
19:03 26.11.2024
Two gambling stocks are experiencing significant upside breakouts, as indicated by recent chart analyses. This trend suggests a positive shift in their market performance, attracting attention from investors and analysts alike.
Top energy trading houses indicate that OPEC+ has limited options for increasing oil production capacity. As the group prepares for discussions on December 1, executives anticipate that any supply increase will likely be delayed, influenced by weaker demand and a projected strong supply in 2025, contributing to oil prices nearing $70 a barrel.
UBS shares fell 1.9% to CHF 27.82, marking a decline from an opening price of CHF 28.12. The stock is currently 23.48% above its 52-week low of CHF 22.53 and 6.29% below its 52-week high of CHF 29.57. The company reported earnings per share of CHF 0.39 for Q3 2024, a significant improvement from CHF -0.21 in the same quarter last year, despite a slight turnover decline of 0.21%.
19:01 26.11.2024
Oceania Healthcare reported a net loss of NZ$17.1 million for the first half of 2025, a significant decline from a profit of NZ$35.2 million in the same period last year. Revenue increased by 1.4% to NZ$133.5 million, while the loss per share was NZ$0.024, down from a profit of NZ$0.049 in 1H 2024. Looking ahead, the company anticipates an average revenue growth of 8.9% per annum over the next three years, outpacing the New Zealand healthcare industry's forecast of 6.1%.
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