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Few Signs of Recovery for U.S. Oil Production, OPEC Says -- Update

By David Hodari
American oil production is set to drop again this year, with the shale industry s output showing few signs of recovery despite a broader pickup in economic activity, the Organization of the Petroleum Exporting Countries said Tuesday.
In its closely watched monthly market report, OPEC cut its forecast for the amount it expects production from its noncartel counterparts to increase in 2021 by 200,000 barrels a day to 700,000.
Canada, Norway, Brazil, and China will drive that overall increase, but persistently low capital expenditure and the unexpected winter storm that Texas suffered in February mean U.S. supply is expected to fall by 100,000 barrels a day this year after dropping 800,000 barrels a day last year, the cartel said. ....

United States , United Kingdom , Saudi Arabia , David Hodari , Organization Of The Petroleum Exporting Countries , Petroleum Exporting Countries , West Texas Intermediate , Dow Jones , Wti Stock Exchange , Press Release , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , சவுதி அரேபியா , ஆர்கநைஸேஶந் ஆஃப் தி பெட்ரோலியம் ஏற்றுமதி நாடுகள் , பெட்ரோலியம் ஏற்றுமதி நாடுகள் , மேற்கு டெக்சாஸ் இடைநிலை , டோ ஜோன்ஸ் , நான் L ,

Business confidence rebounds but 'inflationary soup' on the boil - ANZ

Business confidence rebounds but inflationary soup on the boil - ANZ
29 Apr, 2021 05:30 AM
3 minutes to read
Business sentiment suggests stronger economic growth possible, if supply constraints allow. Photo / File
The ANZ Business Outlook survey for April shows that firms are feeling more upbeat and that recent housing market policy changes are not likely to dent broader activity, says ANZ chief economist Sharon Zollner.
Overall,
the robustness of the data is starting to challenge our view that the economy will go largely sideways this year, Zollner said.
However, resource constraints mean willingness to grow, and the ability to actually do so, are not the same thing. ....

Sharon Zollner , ஷரோன் ஜொல்ல்நேர் , பொருளாதார நிபுணர் ,

Cargotec Corporation: Hiab to supply UK's Marshall with 108 new HIAB loader cranes

Cargotec Corporation: Hiab to supply UK s Marshall with 108 new HIAB loader cranes
HIAB XS 099 HiProCARGOTEC CORPORATION, PRESS RELEASE APRIL 28 2021 AT 1:45 PM EEST
Hiab, part of Cargotec, will supply the leading UK hard landscaping manufacturer Marshalls with 108 new HIAB loader cranes equipped with the connected service HiConnectand ProCareTotal Repair and Maintenance contracts for eight years. The order value of EUR 4.9 million were ordered and booked in Cargotec s quarter 1 order intake of 2021.
Marshallsis a complete external landscaping products business - from planning to engineering, to guidance and delivery. From the highlands of Scotland to England s southern tip, they offer a three-day delivery promise, even for precious and fragile items, delivered by their fleet of 200 vehicles. ....

Marshall Islands , United Kingdom , Nigel Basey , Hiab Procare , Nils Gjerstad , John Bailey , Cargotec Corporation , International Key , Hiconnectand Procaretotal Repair , Massey Truck Engineering , Roll Loaders , Brick Grabs , Logistics Director , Director International Key Accounts , Senior Communication Manager , மார்ஷல் தீவுகள் , ஒன்றுபட்டது கிஂக்டம் , ஹியப் ப்ரோக்கரே , ஜான் பெய்லி , கார்கோடெக் நிறுவனம் , சர்வதேச விசை , தளவாடங்கள் இயக்குனர் , இயக்குனர் சர்வதேச விசை கணக்குகள் , மூத்தவர் தொடர்பு மேலாளர் ,

Prologis Beats 1Q Consensus Estimates For Key Rent, Earnings Measurements

By Micah Maidenberg
Prologis Inc. said demand for its properties was strong in the first quarter, reflecting the broader economic recovery from the Covid-19 pandemic.
The owner of warehouses and logistics properties said net income attributable to controlling interests in the company fell to $367.3 million for the fourth quarter from $491.1 million for the year-earlier period. Profit for common stockholders decreased to 49 cents from 70 cents on a per-share basis, the company said.
Core funds from operations increased to 97 cents a share from 83 cents a share, Prologis said. Analysts polled by FactSet predicted 94 cents a share for that earnings metric, which excludes gains and losses from property sales and excludes depreciation, among other adjustments. ....

Micah Maidenberg , Hamid Moghadam , Prologis Inc , Executive Hamid Moghadam , Dow Jones , Nc Stock Exchange , Press Release , Wner Pld , ஹமிட் மோகடம் , ப்ரோழோகிச் இன்க் , டோ ஜோன்ஸ் ,

Welcome To IANS Live - BUSINESS - Healthy Monsoon forecast pushes Equities higher, auto stocks shine (Ld)

Photo Credit: IANS
IANSLive
New Delhi, April 16 (IANS) Forecast of a healthy Monsoon season cheered India s key benchmark equity indices which trade in the green during Friday s late afternoon session.
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Update: 16-April-2021 ....

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