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13.10.26 - 02:12
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Saudi Energy Conference Loses Shell, Exxon, BP Execs - Who Bail After Houthi Strikes (ZeroHedge)
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Saudi Energy Conference Loses Shell, Exxon, BP Execs - Who Bail After Houthi Strikes
Via The Cradle
Several top energy executives were dropped from the schedule of Saudi Arabia's ongoing WPC Energy Congress in Riyadh on Monday, as the kingdom insists on holding the conference despite the threat to the capital posed by the Ansarallah-led Yemeni Armed Forces (Houthis).
The event began on October 11 and is meant to run until 15 October. The head executives of ExxonMobil, TotalEnergies, Shell, Chevron, and BP were expected at the event.
Source: Asharq Al-AwsatOn Monday, they were no longer listed on the agenda that the conference organizers put out.
"To everyone who traveled to Riyadh, thank you," said Saudi Energy Minister Abdulaziz bin Salman while making the opening comments at the WPC Energy Congress.
"You know this country is safe and that we hold your protection at whole heart… Our gathering here does not mean the risk is gone," he said.
He said that...
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12.10.26 - 21:12
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LOréal Hold (DPA-AFX)
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NEW YORK (dpa-AFX Analyser) - Das Analysehaus Jefferies hat die Einstufung für L'Oreal nach Umsatzzahlen von LVMH auf "Hold" mit einem Kursziel von 361 Euro belassen. Das Geschäft des Luxusgüterkonzerns mit Parfüm und Kosmetik habe in dritten Quartal ......
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12.10.26 - 20:15
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LVMH Moet Hennessy Louis Vuitton Sector Perform (DPA-AFX)
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NEW YORK (dpa-AFX Analyser) - Die kanadische Bank RBC hat die Einstufung für LVMH nach Umsatzzahlen zum dritten Quartal auf "Sector Perform" mit einem Kursziel von 475 Euro belassen. Das Geschäft mit Mode und Leder habe zwar enttäuscht, schrieb Piral ......
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12.10.26 - 19:31
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Europe Learns To Love Tariffs, Canada Learns What Happens When You Don′t (ZeroHedge)
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Europe Learns To Love Tariffs, Canada Learns What Happens When You Don't
By Benjamin Picton, senior market strategist at Rabobank
US and European equity indices were firmly in the black on Friday as the recent run up in bond yields took a breather. The S&P500 closed 46 points higher at 7811 with strong gains across the real estate, consumer discretionary, healthcare and financial sectors. US 10-year yields were just over 1bp higher on the day, but down by almost 7bps over the course of the week with most of the decline in yields arriving on Thursday.
The yield on French 10-year bonds fell by 4.2bps to close the week slightly lower. That helped to propel the CAC40 to a 0.95% gain on Friday, with Arcelor Mittal, Capgemini, L'Oreal, Hermes, and Renault among the most prolific gainers. Renault shares got a boost from news that the European Union will enact a 350,000 quota against imports of Chinese hybrid and plug-in hybrid vehicles, above which much steeper tariffs will kick in.
For context, Ch...
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12.10.26 - 18:48
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Boykott in China belastet LVMH (Börsen-Zeitung)
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Ein Louis-Vuitton-Boykott in China drückt bei LVMH auf das Geschäft mit Mode und Leder. Der Konzernumsatz verfehlt im dritten Quartal die Erwartungen. Die Aktie verliert nachbörslich....
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12.10.26 - 18:18
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LVMH Sales Sputter (WSJ EN)
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The French group said sales growth slowed, putting the brakes on a long-awaited recovery in Europe's luxury-goods industry....
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