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FRANKFURT (Reuters) -Thyssenkrupp on Thursday said it was now targeting the upper end of its operating profit outlook range in 2023, citing a robust third quarter that showed better-than-expected results at its materials and steel units. The engineering and steel production conglomerate now expects adjusted earnings before interest and tax (EBIT) in the high triple-digit million euro range, having previously forecast it to be in the mid to high triple-digit million range. "Thanks to the measures that have been initiated and implemented, Thyssenkrupp continued its robust business performance in the third quarter," Miguel Lopez, who took over as CEO in June, said. ....
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Oil prices end lower as traders weigh energy demand prospects
Oil ended lower on Tuesday after the International Energy Agency raised its forecast for growth in crude demand, but economic data from China is seen was "underwelming," raising uncertai. | 12:16am ....