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Apr 27, 2018
04/18
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CNBC
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>> i was very close to statoil, it was a key client. but certainly working close with statoil, one of our top clients. >> thank you very much for your time this morning, luis. >> rusal is reportedly working on changing its board of directors and management and is said to be in talks with u.s. authorities to see if the reshuffling is enough to lift sanctions from the company according to reuters, the company hopes to keep ownership at 48% there were reports yesterday that he was trying to retain control. the day after the sanctions were announced, rusal shares plummeted 50% in trading. >>> rusal's top trader has left the company according to the financial times. the former rio tinto employee was reportedly responsible for about 80% of the group's sales, including owl of those outside russia >>> and bayer has sold its crop sciences business to basf for.7 billion euros in a bid to satisfy conditions set by the eu and other regulators over its long protracted takeover of monsanto the sale includes bayer's global seeds business syngenta rais
>> i was very close to statoil, it was a key client. but certainly working close with statoil, one of our top clients. >> thank you very much for your time this morning, luis. >> rusal is reportedly working on changing its board of directors and management and is said to be in talks with u.s. authorities to see if the reshuffling is enough to lift sanctions from the company according to reuters, the company hopes to keep ownership at 48% there were reports yesterday that he...
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Apr 25, 2018
04/18
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BLOOMBERG
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joining us now on the phone is .ldar saetre, ceo, statoil great is always to see you.us the highlight of your earnings picture. but i wanted to start with your expectations for the oil prices. you talked in february about $70 a barrel would average less than that then more in 2017. do you think oil price comes down from here? , it isink the oil price fundamentally a lot of volatility. what we see his storage levels have come down to more normal levels. it is more receptive to geopolitical events which impacts the oil price. that is what we have seen. let's see how the market takes it. $11 billion is the number. let's see how the market takes that. my question is in terms of $11 billion in investment, when prices rise, it is easy to take the foot off the gas, excuse the pun. is it going to be hard for you to stick to $11 billion given all your activities and what you are doing? is that going to be a challenge to keep the lid on $11 billion target? to keep the foot on the gas and make sure we continue to improve, it is really important. we see glimmer -- growing pressure
joining us now on the phone is .ldar saetre, ceo, statoil great is always to see you.us the highlight of your earnings picture. but i wanted to start with your expectations for the oil prices. you talked in february about $70 a barrel would average less than that then more in 2017. do you think oil price comes down from here? , it isink the oil price fundamentally a lot of volatility. what we see his storage levels have come down to more normal levels. it is more receptive to geopolitical...
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Apr 25, 2018
04/18
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BLOOMBERG
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statoil profit has risen to the highest level since 2014 the extent higher petroleum prices and productionjusted net profit rose to $1.74 billion in the first quarter just narrowly missing the average forecast of a bloomberg surveys analysts. it is the first indication of what investors have in store as the world's biggest oil and gas company prepares to present earnings this week. whitbread has said it's -- cost of coffee chain. the company which owns premiere in says it will review these are merger as fast as is practical and appropriate to optimize bayous for shareholders. whitbread's financial director georges after 8:30 a.m. u.k. time. takeda shares have fallen in tokyo. it increased its bid to shire. shire said that its board is willing to recommend its fifth proposal to its shareholders just to its shareholders. -- to its shareholders. restructuring its credit market, municipal securities and securitized market operations into a new unit to be led by george watching. test global spread products in early may. andy lathrop steps down take a leave of absence from the company. for marsh
statoil profit has risen to the highest level since 2014 the extent higher petroleum prices and productionjusted net profit rose to $1.74 billion in the first quarter just narrowly missing the average forecast of a bloomberg surveys analysts. it is the first indication of what investors have in store as the world's biggest oil and gas company prepares to present earnings this week. whitbread has said it's -- cost of coffee chain. the company which owns premiere in says it will review these are...
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Apr 26, 2018
04/18
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BLOOMBERG
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we see tone towel and statoil gaining. gainingsee volkswagen .05%.nies andar oil companies are winning today. guy: b&b was down pretty heavily. bouncing back a little bit this morning. the firm focus this morning is on european banks. deutsche bank, i'm just waiting to see an opening price coming through. it will be interesting to see where we go with that. the early indications are that we are going to be going a little further south on deutsche bank. the call has been ongoing this morning, to real key elements we need to focus on. one is what has been tapped -- happening in terms of the probability and cost story. the bank has missed already low expectations. going forward we are beginning to understand what exactly the new ceo is going to try to do with this bank. he is accelerating the story going forward from here, trying the story a little further forward. from the cfo.ring we are not fully withdrawing from the americas. that is not the only bank posting numbers. we have also had numbers coming out from berkeley -- barclays. we had a talk with
we see tone towel and statoil gaining. gainingsee volkswagen .05%.nies andar oil companies are winning today. guy: b&b was down pretty heavily. bouncing back a little bit this morning. the firm focus this morning is on european banks. deutsche bank, i'm just waiting to see an opening price coming through. it will be interesting to see where we go with that. the early indications are that we are going to be going a little further south on deutsche bank. the call has been ongoing this...