Financial News · Live Terminal

Page 1576 of 2405

SES to Supply Medium-Earth Orbit Satellite Network to Brazil's Petrobras

Space services company SES (SESG.PA) said Tuesday that it will provide its medium-Earth orbit satellite network to Brazilian state-owned oil company Petrobras.Petrobras will connect the O3b mPOWER satellite network to its new floating production, storage, and offloading systems to process, collect, store, and transfer oil to shuttle tankers directly from subsea wells in deepwater fields.

$SESG.PA

Japan55d ago

WTI Crude Oil Futures Drop 2.4% to $103.84 Early Tuesday; Brent Futures Decline 1.6% to $112.60

Asia55d ago

Malaysian Shares Extend Gains Ahead of Interest Rate Decision; Feytech's Shares Rise 6%

Malaysian shares ended in green on Tuesday, ahead of the interest rate decision later this week. The investor sentiment remained upbeat following the release of positive manufacturing data.Malaysia's manufacturing sector expanded at its fastest pace in four years in April, supported by stronger output and a return to growth in new orders, according to data released by S&P Global.The FTSE Bursa Malaysia KLCI gained 7.66 points to end 0.4% higher at 1,747.43. The day range was between 1,732.64 and 1,747.82.In local news, Malaysia's Health Ministry has formed a Special Task Force on Drug and Medical Device Safety to act as a central command unit to reinforce the country's supply resilience amid intensifying global supply disruptions, The Star reported. Health Minister Dr. Dzulkefly Ahmad said the system includes real-time monitoring and broader diversification of pharmaceutical procurement sources.In corporate news, Manforce Group (KLSE:MFGROUP) is scheduled to make its debut on Bursa Malaysia's ACE Market on Wednesday. The workforce solutions provider's enlarged issued share capital stands at 399.98 million units, with a total capital base of 51.7 million ringgit.Shares of Feytech (KLSE:FEYTECH) jumped over 6% on Tuesday's close after its unit Gosford Leather Industries bagged a deal to supply seat covers for Perusahaan Otomobil Nasional (Proton) for an upcoming modelMeanwhile, shares of Exsim Hospitality (KLSE:EXSIMHB) gained 3% on close after its subsidiary EXSIM Concepto accepted a letter of award from Epic Team Construction worth 2.08 million ringgit.

FTSE Bursa Malaysia KLCIKLSE:EXSIMHBKLSE:FEYTECHKLSE:MFGROUP

Asia55d ago

CSE Global's Q1 Order Intake Soars 75% to SG$271 Million

SINGAPORE (May 5) - Technology solutions provider CSE Global (SGX:544) saw its new order intake surge 75% year-on-year to SG$271.2 million in the first quarter of 2026, according to a Tuesday filing with the Singapore Exchange.The surge was spearheaded by the electrification segment, which secured SG$177.8 million in new contracts. The communications segment contributed SG$76.9 million, while the automation division added SG$16.4 million to the tally.Accordingly, the company's total order book grew to SG$716.0 million at the end of March.

SGX:544

Sectors55d ago

U.S. Crude Oil Inventories Likely Dropped 5 Million Barrels in Week Ended May 1, Macquarie Says

U.S. crude oil stocks are forecast to have dropped 5.0 million barrels in the week ended May 1, adding to a decline of 6.2 MM BBL in the prior week, Macquarie said in a Monday note.Crude runs at refineries are expected to have slightly increased by 0.1 million barrels per day. Net imports are projected to have risen, with exports down 0.4 MBD and imports up 0.4 MBD, Macquarie said.Implied domestic supply is expected to have declined 0.3 MBD. Strategic petroleum reserves are forecast to have decreased 5.2 MM BBL, according to Macquarie.Gasoline inventories are projected to have fallen 0.4 MM BBL. Distillate stockpiles are forecast to have fallen 3.8 MM BBL. Jet stocks are expected to have gained 0.2 MM BBL. Implied demand for these three products are expected at 14.6 MBD, Macquarie noted.

$CLX1$LCOX1$USO

Equities55d ago

DOF Group Wins Subsea Services Contract in Asia Pacific

DOF Group (DOFG.OL) secured a subsea commissioning support services contract in the Asia Pacific region, according to a Tuesday release.Under the deal, the Norwegian offshore and subsea services company will deploy its Skandi Inventor vessel for the offshore operations in the North Australian waters, with the project set to begin in the second quarter of 2027 and run for 120 days to 180 days.DOF estimates the contract value at between $25 million and $50 million.

$DOFG.OL

Japan55d ago

WTI, Brent Crude Futures Drop Pre-Bell as Iran Ceasefire at Risk After Hormuz, UAE Strikes

Equities55d ago

Neste Launches Tender Offer for Notes due 2028, 2029, 2030

Neste (NESTE.HE) launched a tender offer to repurchase up to 500 million euros of outstanding notes due in 2028, 2029, and 2030.The Finnish oil refiner's tender covers its 500 million-euro 0.75% green notes due March 25, 2028, 500 million-euro 3.875% green bonds due March 16, 2029, and 700 million-euro 3.75% green bonds due March 20, 2030, according to a Tuesday release.The tender will end on May 12, with pricing and final results expected on May 13 and settlement on May 18.The repurchases aim to help the company maintain a prudent and proactive approach towards its interest-bearing liabilities and liquidity base.

$NESTE.HE

Mining & Metals55d ago

Earnings Flash (IPCO) International Petroleum Corp Reports Q1 Revenue US$173.0M Vs $178.5M a Year Earlier

$IPCO

Asia55d ago

Jardine Matheson Buys Back Shares

Jardine Matheson (SGX:J36) bought back 15,200 shares in the open market on Monday for a weighted average price of $68.65 apiece, according to a Tuesday filing with the Singapore Exchange.The repurchased shares will be canceled.

SGX:J36

Equities55d ago

SNB Capital Notes SIIG's "Exceptional" Q1 Financial Results

SNB Capital said Saudi Industrial Investment Group (SASE:2250), d/b/a SIIG, posted "exceptional" first-quarter earnings in a Sunday results analysis.The petrochemical industry-focused investor's net profit for the March quarter reached 252 million Saudi riyals, significantly higher than the research firm's estimate of 3.7 million riyals and the market consensus of 28.6 million riyals."We believe the higher-than-expected profits and growth are mainly due to higher profits from JVs driven by 1) higher selling prices particularly for the products shipped before the conflict (and realized the strong prices of March), 2) higher local sales (mainly for AHM) and 3) a decrease in depreciation costs due to an accounting reassessment," SNB Capital said in the note.The stock has a neutral rating and a price target of 14.5 riyals.

SASE:2250

Equities55d ago

Update: Shell, INEOS Expand Upstream Collaboration With New Gulf Exploration Deal

(Updates to include information from the press release)Shell (SHEL) and INEOS Energy have agreed to jointly invest in oil and gas exploration and development opportunities in the Gulf of America, expanding their collaboration around existing infrastructure, INEOS Energy said on Tuesday.INEOS will acquire a 21% stake in the assets for an undisclosed amount, aligning with its Appomattox holdings, with an initial focus on Fort Sumter, the Sisco well, and another exploration well by 2030, it added.

$SHEL

Asia55d ago

PNE Industries Flags Fiscal H1 Loss

PNE Industries (SGX:BDA) is expecting to book a loss for the fiscal first half ended March 31, according to a Tuesday filing with the Singapore Exchange.The manufacturer and trader of emergency lighting equipment attributed this to lower sales during the period.

SGX:BDA

Mining & Metals55d ago

Earnings Flash (LIF.TO) Labrador Iron Ore Reported Q1 Royalty Revenue $35.4M, Comparable to Q1 2025 and a 9% Decrease From Q4 2025

$LIF.TO

Asia55d ago

Force Motors' Total Sales Decline 4% in April

Force Motors' (NSE:FORCEMOT, BOM:500033) total vehicle sales declined 4.3% to 3,113 units in April from 3,255 units a year ago, according to an Indian bourse filing on Tuesday.The units sold included small commercial vehicles, light commercial vehicles, utility vehicles, and sports utility vehicles, the filing stated.Domestic sales in the reported month fell 4.9% year on year to 3,053 units, while exports rose 33.3% to 60 units.Shares of the company were down over 2% in recent trade.

BOM:500033NSE:FORCEMOT

Mining & Metals55d ago

Earnings Flash (IIP-UN.TO) InterRent REIT Reported Q1 NAFFO Decreased 7.3% YoY to $17.2M, With NAFFO Per Diluted Unit of $0.123 down 3.1% YoY

$IIP-UN.TO

Japan55d ago

CBOE Volatility Index Drop 3.2% Pre-Bell as Investors Focus on Upcoming Earnings, Jobs, ISM Services

Asia55d ago

Venture Corp. Q1 Net Profit Crosses SG$56 Million on Tech Demand Surge

Venture Corp.'s (SGX:V03) net profit margin climbed 9% during the first quarter of the year, with the provider of technology services reporting a net profit of SG$56.3 million during the period, according to a Tuesday filing with the Singapore Exchange.Earnings per share rose by 0.9% on year during the first quarter to SG$0.195 compared with a year earlier.Revenue rose 1.9% year over year to SG$628.5 million, backed by strong demand across the technology segment.

SGX:V03

Equities55d ago

Borr Drilling Files to Shift Listing to Euronext Oslo Børs

Borr Drilling (BORR.OL) submitted an application to transfer its listing to the Euronext Oslo Børs from Euronext Growth Oslo.The Oslo bourse confirmed the receipt of the drilling contractor's application on Tuesday, according to a same-day notice.

$BORR.OL

Asia55d ago

Mobicon Group Unit Acquires Johannesburg Residential Property

Mobicon Group (HKG:1213) unit MBM Properties (Proprietary) acquired a residential property in Johannesburg for nearly 8.3 million South African rand, according to a Tuesday Hong Kong bourse filing.The privately held residential property has not generated any income since its acquisition by the vendors in 2014.Seller Manuel Arnaldo de Sousa Moutinho is a member of the firm's senior management, holds a 39% stake in unit Mobicon-Mantech, and is a director of five of the company's subsidiaries.The other vendor, Anabela Diogo, is his wife, according to the electronic component distributor.

HKG:1213

Showing 31501-31520 of 48087