US crude oil inventories (DOE) increased more than expected last week (R)
US crude oil inventories, excluding strategic reserves, increased by 3.0 million barrels last week. According to Bloomberg, the market expected an increase of 0.6 million barrels. The previous week’s reading was -0.6. Gasoline inventories decreased by 1.7 million barrels. The market expected an increase of 0.05 million barrels. The previous week’s reading was 0.8. Distillate […]
U.S. crude oil inventories +3.0 million barrels in the latest reporting week, expected +0.6 (R)
U.S. crude oil inventories +3.0 million barrels in the latest reporting week, expected +0.6 (R)
Canatu executive buys shares for EUR 12,100
Canatu’s Tapani Salminen, who is part of senior management, has bought 2,000 shares in the company. The shares were purchased on 23 September at a volume-weighted average price of approximately EUR 6.03 per share on FSME. The purchase price amounts to approximately EUR 12,100.
Chief operating officer buys 1,400 shares in Svevik Industri
Anna Stiwne has today reported two insider transactions and increased her holding by 1,400 shares in Svevik Industri, where she is chief operating officer, COO. The total purchase price amounts to 75,380 kronor at an average price of 53.84 kronor per share.
Higher interest rates and rising oil prices weigh on Wall Street, S&P 500 futures down 0.3 percent
US stock markets opened Wednesday lower. Sentiment is being weighed down by rising market interest rates and higher oil prices. The broad S&P 500 index was down 0.3 percent at 3:48 p.m. to 7,739.44. Technology-heavy Nasdaq Composite fell 0.5 percent to 27,101.90. By sector, energy posted the best performance, up 1.38 percent, while utilities recorded […]
Tesla wins major order for electric trucks, Volvo only a secondary supplier
Tesla has been appointed the primary supplier in a US procurement of 2,500 heavy-duty electric trucks, the largest order of its kind to date in the US. This is stated in a press release. Volvo participated with the VNR Electric model but was instead appointed, together with Kenworth and Ride, as a secondary supplier. Their […]
OpenAI gives Ukraine access to cybersecurity platform
OpenAI has given the Ukrainian government access to the Daybreak cybersecurity platform to strengthen the protection of civilian infrastructure against Russian cyberattacks. Seeking Alpha reports this. OpenAI will work together with Ukraine’s Ministry of Digital Transformation to identify vulnerabilities, investigate suspected activity and accelerate measures. Ukraine’s national incident response recorded around 6,000 cyberattacks during 2025, […]
Fed Governor Barr Sees Need for Further Rate Hikes
Federal Reserve Governor Michael Barr believes that further rate hikes will likely be needed to bring inflation back to the central bank’s 2 percent target. Bloomberg News reports. The Fed raised its policy rate last week to a range of 3.75–4 percent, the first hike in more than three years. Barr supported the decision and […]
Vessel attacked in the Strait of Hormuz
The maritime organization UKMTO says that a cargo vessel has been hit by an unidentified projectile in the Strait of Hormuz. The vessel is on fire and drifting, while the entire crew has been evacuated. Two injuries have been reported and authorities are investigating the incident.
Sources: Morgan Stanley leaked list of more than 100 Asian banking deals – BN
An employee at Morgan Stanley accidentally distributed an internal document by email containing more than 100 potential and ongoing investment banking deals, mainly in Asia. Bloomberg News reports this, citing sources. The list included possible IPOs in China, South Korea and India, as well as information about the private equity and pension funds behind the […]
