US employment rose less than expected in September
US employment in both the private and government sectors rose less than expected in September. The number of employed increased by 29,000 (+133,000 revised from +162,000), compared with analyst consensus of +90,000 according to Bloomberg. Net revision for the previous two months was -60,000 people. The employment statistics are considered highly important and are closely […]
Net revision to US employment over previous two months -60,000
Net revision to US employment over previous two months -60,000
Hourly wages in the US +3.0 percent year-over-year in September, expected +3.1 percent
Hourly wages in the US +3.0 percent year-over-year in September, expected +3.1 percent
US unemployment rate 4.2 percent in September, expected 4.1
US unemployment rate 4.2 percent in September, expected 4.1
Rivian delivered a record number of vehicles in the third quarter
Electric vehicle maker Rivian, backed by Amazon, delivered a record-high 19,248 vehicles in the third quarter, above analysts’ consensus forecast of 18,001 according to Visible Alpha. Production amounted to 19,751 vehicles at the plant in Normal, Illinois. The development was supported by the rollout of the cheaper R2 SUV, deliveries of which began in June […]
Aker BP announces major reorganisation – workforce to be reduced
Norwegian energy company Aker BP is planning a major reorganisation as the company’s major development projects are completed next year and operations are shifted towards smaller subsea projects. CEO Karl Johnny Hersvik says the workforce will be significantly reduced, but does not want to confirm whether this could involve up to 1,000 employees, reports Dagens […]
Novak: Russia may partially lift diesel ban if there is overproduction – Reuters
Russia may partially lift its export ban on diesel if production exceeds domestic demand. Deputy Prime Minister Alexander Novak said this in an address to the upper house of parliament, monitored by Reuters. “Today, the diesel market is balanced and supply is sufficient. If production exceeds domestic demand, we will consider partially reopening exports,” Novak […]
Embraer increased aircraft deliveries by 6 percent in the third quarter
Brazilian aircraft manufacturer Embraer delivered 66 aircraft in the third quarter, an increase of 6 percent from the same period last year and the highest level for a third quarter in the company’s history. Deliveries in commercial aviation amounted to 22 aircraft, up 10 percent, while business aviation delivered 41 aircraft, unchanged from the previous […]
Trustly secures capital injection of more than 40 million dollars
Payment technology company Trustly has signed irrevocable and legally binding commitment letters regarding a capital injection of more than 40 million dollars from its principal shareholder Nordic Capital and from Alfvén & Didrikson. This is stated in a press release. The capital raise will finance the next step in Trustly’s growth strategy by accelerating the […]
BKS Capital increases holding in Energeia
BKS Capital has bought 200,000 shares in Energeia, increasing its holding to 598,827 shares. Following this, the holding amounts to 6.43 percent of the shares and votes. The holding includes treasury shares and shares owned through Idealkapital. This is disclosed in a flagging notification.
