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Meta Platforms (META.O): By 2028, it will invest more than $600 billion in the United States to support the expansion of artificial intelligence technologies, infrastructure, and workforce.On November 8th, Kpler analyst Amena Bakr stated that OPEC+s decision to suspend production increases in the first quarter of next year is a precautionary measure, given the current market glut. "OPECs suspension of production increases is a prudent move, given the current oversupply," she said. Furthermore, as previous production cuts are gradually phased out, the organizations spare capacity has decreased significantly, currently estimated at around 4 million to 4.3 million barrels per day. "Some OPEC+ members have been struggling to increase production, raising concerns about whether more supply will be needed in the future. We are facing a constrained situation, with spare capacity within the group continuously decreasing."The German DAX 30 index closed down 191.13 points, or 0.80%, at 23,553.11 on Friday, November 7th; the UK FTSE 100 index closed down 55.48 points, or 0.57%, at 9,680.30 on Friday, November 7th; the French CAC 40 index closed down 14.59 points, or 0.18%, at 7,950.18 on Friday, November 7th; European... The Stoxx 50 index closed down 47.73 points, or 0.85%, at 5563.45 on Friday, November 7; the Spanish IBEX 35 index closed down 233.10 points, or 1.45%, at 15887.00 on Friday, November 7; and the Italian FTSE MIB index closed down 187.69 points, or 0.44%, at 42881.00 on Friday, November 7.Ukraines Presidential Advisor on Strategic Affairs, Kameshin, stated that the proposal regarding the export of weapons to Ukraine will be put forward in December.The schedule shows that Azerbaijani BTC crude oil exports from the port of Ceyhan will reach 17 million barrels in December, up from 15.3 million barrels in November.

BMW Hits 2022 Pretax Earnings Target—Focus Magazine Quoting CFO

Aria Thomas

Feb 13, 2023 11:56

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BMW met its objective for significantly greater pretax earnings in 2022 compared to the previous year, according to Focus Money magazine, citing the German automaker's chief financial officer.


"We have no cause to adjust the forecasts... If not, we would not be sitting here so calmly "Focus Money magazine reported that CFO Nicolas Peter stated.


The automaker, which is scheduled to release its annual results in mid-March, was not immediately to corroborate the report.


Peter stated that demand in the United States was quite healthy and that Europe's order backlog remained large, but that new orders were declining in the United Kingdom and Germany. According to him, France and Spain are performing better.

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