OPEC lowers forecast for global oil demand growth in 2026
The OPEC oil cartel lowers its forecast for growth in global oil demand in 2026, but raises its forecast for 2027. This is stated in the October report. Demand is expected to increase by 0.18 million barrels per day this year, compared with 0.38 million previously. For 2027, the growth forecast is raised to 2.55 […]
Active Biotech completes first safety cohort in study of tasquinimod
Research company Active Biotech announces that the first three patients under the updated study protocol have completed six weeks of safety evaluation in the phase Ib/II TasqForce study of tasquinimod for myelofibrosis. Another three patients will now be recruited to confirm safety and tolerability and establish the dosage ahead of phase II. According to the […]
LSEG confirms talks to acquire company for USD 3.5 billion
LSEG, London Stock Exchange Group, confirms that the company is in discussions with Permira to acquire financial data company Octus for approximately USD 3.5 billion. Earlier in the day, Reuters reported, citing sources, that talks were ongoing between the parties. Octus provides data and analytical services in the credit market, particularly private and illiquid credit, […]
Super Micro expands its range of solutions for AI data centers
Super Micro Computer is expanding its range of OCP-approved servers, racks and cooling systems for data centers. The solutions are based on the company’s Data Center Building Block Solutions and can be integrated into complete installations for AI and high-performance computing. According to the company, the new systems will enable higher computing capacity per unit […]
Sweden releases two million barrels of fuel following IEA request
Sweden is carrying out a stock drawdown equivalent to approximately two million barrels of diesel and gasoline as part of the International Energy Agency IEA’s coordinated effort to stabilize the fuel market. The measure comes against the backdrop of the uncertain situation in the Middle East and means that requirements for emergency stockpiles are temporarily […]
US retail sales (Redbook) rose 10.4 percent year-over-year in the latest reporting week
US comparable-store retail sales rose 10.4 percent year-over-year during the previous reporting week, compared with an increase of 8.6 percent the week before. This is according to the latest weekly statistics from Redbook. USAweek 41week 40Redbook10.48.6
Marvell launches new chips for AI data centers
Semiconductor company Marvell Technology is launching two new products to meet increasing demands for bandwidth, reach and energy efficiency in AI data centers. The Alaska E 3.2T and second-generation Alaska A 1.6T AEC DSP products enable connections of 200 gigabits per second per channel. The new chips are based on 3-nanometer technology and are expected […]
LG and Apple launch jointly developed smart home products
South Korean LG Electronics and U.S. company Apple have jointly developed seven smart home products as part of the Apple Home Collection initiative. The products include indoor and outdoor cameras, a video doorbell, a smart door lock, a thermostat and a temperature sensor. The collaboration covers hardware, software and user experience, with integration into Apple’s […]
Finland – Calendar Wednesday 14 October
STOCK MARKET Reports Foreign reports Before market open: Blackrock 08:00 ASML, 13:45 Bank of America, 14:30 Morgan Stanley Corporate Actions Foremont Group debut as a listed company on NGM Other events Kesko monthly sales Other foreign events China rare-earth metals exports China iron ore imports China copper imports China oil imports Rio Tinto production report […]
Denmark – Calendar Wednesday 14 October
STOCK MARKET Foreign reports Before market open: Blackrock 07:00 ASML, 12:45 Bank of America, 13:30 Morgan Stanley Corporate Actions Foremont Group’s first trading day as a listed company on NGM Other events China rare-earth metals exports China iron ore imports China copper imports China oil imports Rio Tinto production report MACRO China trade balance 02:00 […]
