Outlook

2022 - 4 - 25

UBS's Outlook, Russia Impact Seen in Focus at 1Q Update ... (MarketWatch)

By Cristina Roca UBS Group AG is scheduled to report results for the first quarter on Tuesday morning. Here's what you need to know: NET PROFIT FORECAST: ...

UBS also stands to benefit from interest-rate rises in the U.S., Credit Suisse analyst Jon Peace says in a note, adding he expects the company to raise its net interest income guidance on the back of this. With the war in Ukraine having continued for two months now, market watchers will be keen to get an update on the impact it is having on UBS's business, both in terms of its direct exposure and of the effect it is having on clients' risk appetite, market activity and more. -UNCERTAIN OUTLOOK: Despite these positive trends, much of the focus will be on outlook amid weaker markets for wealth management and global uncertainty, Barclays said.

Global Bromobenzene Market Size, Share, Outlook, and Opportunity ... (Yahoo Finance)

DUBLIN, April 25, 2022--The "Bromobenzene Market, By Product Type, By Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, ...

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Global T-cell Lymphoma Market Report to 2028 - Size, Share ... (Maryville Daily Times)

Lymphomas that develop from T lymphocytes are known as non-Hodgkin lymphomas. T-cell lymphoma can affect body parts including spleen, lymph node, bone marrow, ...

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Mixed outlook across industries as insolvencies double (Punchline Gloucester)

The latest Small Business index (SBI) from the Federation of Small Businesses (FSB) paints a mixed picture across industries as insolvencies are double the ...

A fifth (20 per cent) of small business owners are planning to increase headcounts in the coming months. Increasing numbers (10 per cent) are exporting to new markets outside the EU. The majority (55 per cent) of small business owners say they are operating below capacity. One in eight (13 per cent) small exporters have temporarily or permanently stopped sales to the EU, and a further 9 per cent are considering doing so. A record-high 87% of small business owners state that operating costs are up compared to this time last year. Retail sales dropped by 1.4 per cent in March, according to an update from the ONS released on Friday.

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Rising costs prompt Conti to downgrade business outlook ... (European Rubber Journal)

Hanover, Germany – Continental AG has pared down its expectations for growth in global passenger car and light commercial vehicle production to between 4% ...

The adjusted EBIT margin range assumes a year-on-year increase in procurement and logistics costs of around €600 million, compared to the previously projected €300 million. The adjusted EBIT margin range assumes a year-on-year increase in procurement and logistics costs of around €1.9 billion, compared to around €1 billion projected in March. For ContiTech, Continental expects sales of around €6.3-6.5 billion compared to around €6.0-6.3 billion and an adjusted EBIT margin of around 6.0-7.0%, down from 7.0-8.0% before. “Depending on the severity of the disruption, this may result in lower sales and especially earnings in all group sectors as well as for the Continental Group compared to the prior year,” it concluded. For the Tires group sector, sales are now expected to be around €13.8-14.2 billion – previously €13.3-13.8 billion – with adjusted EBIT margin to come in 12.0-13.0%, compared to 13.5-14.5% previously. Group-wide, Continental predicted consolidated sales of around €38.3-40.1 billion – previously: €38-40 billion – and an adjusted EBIT margin of 4.7-5.7%, down from a previous 5.5-6.5%.

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Our D.C. winter outlook was right on snow, flawed on temperatures (The Washington Post)

It was a little milder than we expected but our snowfall forecast was close to correct.

Our temperature outlook was subpar, while our snowfall outlook was quite good. We were also correct that we’d see more snow than in the previous winter. Also, we correctly noted that temperatures would fluctuate substantially. - At Dulles International Airport, we called for 12 to 16 inches, and 15.8 inches fell (average is 21.0 inches). - At Reagan National Airport, we called for 8 to 12 inches, and 13.2 inches fell (average is 13.7 inches). Not all outlooks do this.

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Oil dives 6% as Shanghai lockdowns stoke demand fears (Reuters)

Oil slumped about 6% on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in ...

read more But, the market could tighten further with a European Union (EU) ban on Russian crude. Both benchmarks were on track for their lowest closes since April 11. Register now for FREE unlimited access to Reuters.com In Shanghai, authorities have erected fences outside residential buildings. Register now for FREE unlimited access to Reuters.com

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Oil Falls Below $100 as China's Lockdowns Imperil Demand Outlook (Bloomberg)

Markets slump amid fears of wider restrictions in Beijing · WTI crude futures slide more than 6% on Monday in New York.

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Oil Falls Below $100 as China's Lockdowns Imperil Demand Outlook (BloombergQuint)

(Bloomberg) -- Oil pushed lower at the start of the week on concern that a spreading Covid-19 outbreak in China will weigh on global demand.

Libya is expected to resume output from shuttered fields in the coming days, while the CPC oil terminal on Russia’s Black Sea coast has resumed regular operations after one of two moorings damaged in a storm was repaired. China’s oil demand averaged 13.3 million barrels a day in March, according to data compiled by Bloomberg. The world’s biggest crude importer is heading for the worst oil demand shock since the early days of the pandemic. The market is poised for additional supply, adding to bearish signs. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. Rising coronavirus cases in Beijing sparked jitters about an unprecedented lockdown of the capital, while Shanghai reported record daily deaths over the weekend.

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Oil dips over 6% on growing worries about global energy demand ... (Business Standard)

Brent futures fell $6.63, or 6.22 per cent, to $100 a barrel by 9.55 pm IST. US West Texas Intermediate (WTI) crude fell $6.15, or 6.03 per cent, to $95.92.

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Oil falls as China's COVID-19 outbreak imperils demand outlook (Aljazeera.com)

The world's biggest crude importer is heading for the worst oil demand shock since the early days of the pandemic.

Libya is expected to resume output from shuttered fields in the coming days, while the CPC oil terminal on Russia’s Black Sea coast has resumed regular operations after one of two moorings damaged in a storm was repaired. China’s oil demand averaged 13.3 million barrels a day in March, according to data compiled by Bloomberg. The market is poised for additional supply, adding to bearish signs. China has implemented lockdowns in a number of cities as it pursues a Covid Zero strategy. West Texas Intermediate futures slid as much as 6.7%, falling below the key $100 level on Monday. Rising coronavirus cases in Beijing sparked jitters about an unprecedented lockdown of the capital, while Shanghai reported record daily deaths over the weekend. As the risks to consumption escalate, money managers have turned the least bullish on WTI since April 2020, when prices turned negative.

Fitch Revises Saudi Aramco's Outlook to Positive; Affirms IDR at 'A' (Fitch Ratings)

Fitch Ratings-London-25 April 2022: Fitch Ratings has revised Saudi Arabian Oil Company's (Saudi Aramco) Outlook to Positive from Stable following a simila.

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Oil falls below US$97 as China's lockdowns imperil demand outlook ... (BNN)

West Texas Intermediate futures slid as much as 6.7 per cent, falling below the key US$100 level on Monday. Rising coronavirus cases in Beijing sparked jitters ...

Libya is expected to resume output from shuttered fields in the coming days, while the CPC oil terminal on Russia’s Black Sea coast has resumed regular operations after one of two moorings damaged in a storm was repaired. China’s oil demand averaged 13.3 million barrels a day in March, according to data compiled by Bloomberg. The market is poised for additional supply, adding to bearish signs. The world’s biggest crude importer is heading for the worst oil demand shock since the early days of the pandemic. China has implemented lockdowns in a number of cities as it pursues a COVID Zero strategy. Rising coronavirus cases in Beijing sparked jitters about an unprecedented lockdown of the capital, while Shanghai reported record daily deaths over the weekend.

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Cineworld CCO Renana Teperberg Talks Theatrical Outlook ... (Deadline)

CinemaCon honoree Renana Teperberg, CCO of Cineworld, offers industry insight before receiving the Global Achievement in Exhibition Award.

I can enjoy almost every movie when it comes with the right experience and the right person next to me. I was 100% sure I was going to be a psychologist and I looked for a job that would be on the weekends because I was studying during the week. I was in the projection room, I managed the cinema, all while I was still studying and still sure that I would be a psychologist. TEPERBERG: First because this industry, you know, it does it to you — it’s so exciting and different and you feel that you are part of this thing that entertains people, something good that people love. I think it’s clear that when someone is watching a movie in the cinema, they will go out and say “Wow!”, and watching the same movie at home, they go out and say, “Eh, it was nice.” For a filmmaker, if it’s their life’s project, I think that they all at the end want to be shown on the big screen. I think we already proved that if people want to go out — we saw with Spider-Man, Bond, Uncharted, The Batman — people want to go out.

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Oil sinks below $98 as China's lockdowns imperil demand outlook (JWN)

Oil fell at the start of the week on concerns that a spreading COVID-19 outbreak in top consumer China will…

The market is poised for additional supply, adding to bearish signs. China has implemented lockdowns in a number of cities as it pursues a Covid Zero strategy. The world’s biggest crude importer is heading for the worst oil demand shock since the early days of the pandemic.

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Oil falls below US$100 as China's lockdowns imperil demand ... (BNN)

Rising coronavirus cases in Beijing sparked jitters about an unprecedented lockdown of the capital, while Shanghai reported record daily deaths over the weekend ...

Libya is expected to resume output from shuttered fields in the coming days, while the CPC oil terminal on Russia’s Black Sea coast has resumed regular operations after one of two moorings damaged in a storm was repaired. China’s oil demand averaged 13.3 million barrels a day in March, according to data compiled by Bloomberg. The market is poised for additional supply, adding to bearish signs. The world’s biggest crude importer is heading for the worst oil demand shock since the early days of the pandemic. China has implemented lockdowns in a number of cities as it pursues a COVID Zero strategy. Rising coronavirus cases in Beijing sparked jitters about an unprecedented lockdown of the capital, while Shanghai reported record daily deaths over the weekend.

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Oil falls below US$97 as China's lockdowns imperil demand outlook (The Business Times)

OIL dropped at the start of the week on concerns that a spreading Covid-19 outbreak in China will impact consumption even further. Read more at The Business ...

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Oil falls below $100 as China's lockdowns imperil demand outlook (WorldOil)

Oil dropped at the start of the week on concerns that a spreading Covid-19 outbreak in China will impact consumption even further.

Libya is expected to resume output from shuttered fields in the coming days, while the CPC oil terminal on Russia’s Black Sea coast has resumed regular operations after one of two moorings damaged in a storm was repaired. China’s oil demand averaged 13.3 million barrels a day in March, according to data compiled by Bloomberg. The world’s biggest crude importer is heading for the worst oil demand shock since the early days of the pandemic.

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GE Cautions Outlook Pressured by Supply-Chain Disruptions (The Wall Street Journal)

The conglomerate issued the warning after reporting strong quarterly growth for its jet-engine unit as commercial air traffic recovers from a ...

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GE Guides to Low End of Outlook on Inflation, Supply Chain Woes (IndustryWeek)

Shares of General Electric Co. fell more than 10% April 26 after the company's leaders said they expect the conglomerate's 2022 profits to be at the low end ...

Culp said the company’s renewables unit leaders are digging into cost controls and cuts as they adjust to the market and carry out GE’s strategy of being more picky about the segments in which it competes. Supplier disruptions cost the company about 6 percentage points of sales growth in the quarter and look like they will endure long enough to push some business into 2023. Boston-based General Electric posted a net loss of a little more than $1 billion in the first quarter on revenues of $17.0 billion as equipment sales slipped 14% in part because of snarled supply chains.

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GE warns on outlook as China lockdowns worsen supply chain woes (Financial Times)

We'll send you a myFT Daily Digest email rounding up the latest General Electric Co news every morning. The lockdowns stemming from China's zero-Covid strategy ...

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GE's stock sinks after earnings beat expectations but FCF missed ... (MarketWatch)

Shares of General Electric Co. undefined sank 3.2% in premarket trading Tuesday, after the industrial conglomerate reported first-quarter adjusted profit ...

Free cash flow was negative $880 million, after negative $3.36 billion a year ago, and missed the FactSet consensus of $816.5 million. Shares of General Electric Co. GE, -10.69%sank 3.2% in premarket trading Tuesday, after the industrial conglomerate reported first-quarter adjusted profit and revenue that beat expectations, but missed on free cash flow and provided a somewhat downbeat outlook. The net loss narrowed to 99 cents a share from $2.61 a share, in the year-ago period.

Fitch Revises SABIC's Outlook to Positive; Affirms IDRs at 'A' (Fitch Ratings)

Fitch Ratings-Warsaw-25 April 2022: Fitch Ratings has revised Saudi Basic Industries Corporation (SABIC)'s Outlook to Positive from Stable, and affirmed th.

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Fitch revises Saudi Aramco's outlook to 'positive' (Reuters)

Ratings agency Fitch on Monday revised its outlook for state-owned Saudi Arabian Oil Co to "positive" from "stable", citing a similar action on the country.

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Fitch revises eight Saudi banks' outlook to positive (Arab News)

RIYADH: Fitch Ratings has revised eight Saudi Arabian banks' outlooks to positive from stable while affirming the banks' long-term issuer default rating, ...

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Forvia drives cautiously into 2022 as China, Ukraine cloud auto ... (Reuters)

Forvia, the European car parts maker created by Faurecia's takeover of German rival Hella , is cautious about the outlook for 2022, based on lower global ...

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AM Best sees positives for London insurance market, maintains ... (Reinsurance News)

As noted by the ratings agency, the classes potentially most impacted by rising economic and social claims inflation, as well as loss-impacted business, have ...

Away from upward rate momentum and the expected better underlying performance, AM Best notes that COVID-19 uncertainty is fading. For several years now, the London market has welcomed rate increases with every class of business showing positive momentum. Although it remains unclear exactly how climate change is impacting certain adverse weather events, many feel the changing climate is resulting in more frequent and severe events of this nature, and this needs to be priced into models as accurately as possible.

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