
Sabic Says Profit Rose 3.8% But Margins Remain Under Pressure
Chemicals behemoth Saudi Basic Industries Corp. reported a 3.8% increase in quarterly earnings, but warned profit margins will remain “under pressure” as costs climb.
Chemicals behemoth Saudi Basic Industries Corp. reported a 3.8% increase in quarterly earnings, but warned profit margins will remain “under pressure” as costs climb.
Another bout of extreme heat and dry weather set to sweep Europe has pushed France and the UK to issues fresh warnings for this week.
European natural gas prices fell for a third day as fuel held in storage facilities across Europe edged above the seasonal norm.
Abrdn Plc’s assets dropped in the first six months of the year after Lloyds Banking Group Plc transfered a final batch of funds out of the manager.
Oil slipped after posting its biggest gain in more than a week on Monday as investors monitored US-Iran nuclear talks and the outlook for demand amid an economic slowdown.
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