Indian Oil Corp. and Bharat Petroleum Corp . have delayed routine maintenance at some of their units to ensure adequate supplies in the world’s third-largest oil consumer, according to a senior government official. “All refineries are operating at peak capacity, with some exceeding 100% utilization,” Sujata Sharma, a joint secretary at the oil ministry, said at a briefing in New Delhi on the Middl...
Indian Oil Corp. and Bharat Petroleum Corp . have delayed routine maintenance at some of their units to ensure adequate supplies in the world’s third-largest oil consumer, according to a senior government official. “All refineries are operating at peak capacity, with some exceeding 100% utilization,” Sujata Sharma, a joint secretary at the oil ministry, said at a briefing in New Delhi on the Middle East crisis on Monday. She didn’t specify which Indian Oil and BPCL plants had deferred maintenance. The delay by India’s state-run refiners comes as the nation grapples with a supply crunch following the effective closure of the Strait of Hormuz, a key transit route for crude, liquefied petroleum gas and natural gas. The government has invoked emergency measures, directing refiners to maximize LPG output for safeguarding cooking fuel supplies for households. India depends heavily on Middle Eastern supplies, with about half of its oil and more than 90% of LPG shipments sourced from the region, most of which transit through Hormuz. While US waivers on Russian crude purchases have eased supply pressures, securing alternatives for LPG remains challenging. However, Nayara Energy Ltd. , a private company backed by Russian oil giant Rosneft PJSC, will proceed with a month-long shutdown from April 9, after deferring the maintenance for several months, Sharma said. The outage of Nayara’s 400,000-barrels-a-day refinery on India’s west coast is expected to tighten LPG availability, although the government plans to offset the shortfall through imports. Indian Oil, the nation’s largest refiner, operates nine plants with a combined capacity to process 1.4 million barrels of crude a day. Bharat Petroleum runs three facilities that can collectively refine 709,000 barrels per day. New Delhi has negotiated with Iran to facilitate the safe passage of eight LPG cargoes — enough to cover roughly four days of national demand. During the weekend, the oil ministry said that refiners had secured...
The president has boasted about cutting prices of drugs, housing, food and gasoline. It’s grossly exaggerated nonsense In recent months, Donald Trump has made some absurd comments about inflation, saying the affordability crisis is “a hoax” and “ I won affordability ,” a clumsy, questionable claim meaning that he somehow conquered inflation. Trump recognizes that affordability is a huge issue, and...
The president has boasted about cutting prices of drugs, housing, food and gasoline. It’s grossly exaggerated nonsense In recent months, Donald Trump has made some absurd comments about inflation, saying the affordability crisis is “a hoax” and “ I won affordability ,” a clumsy, questionable claim meaning that he somehow conquered inflation. Trump recognizes that affordability is a huge issue, and with his war against Iran proving to be a big political loser, he seems eager to score some political points by telling Americans that he’s moving boldly to cut living costs. But as with everything Trump says, people shouldn’t be tricked by his slick salesmanship. Trump has boasted about cutting prescription drug prices, housing prices, food prices and gasoline prices. All that might be great public relations for Trump, but it’s grossly exaggerated nonsense. Trump’s much-ballyhooed efforts to fight inflation are essentially diddlysquat. Many of them are mini efforts that have had mini effects in reducing prices. They’re as meaningful as a degree from Trump University. Steven Greenhouse is a journalist and author, focusing on labour and the workplace, as well as economic and legal issues Continue reading...
Harsh weather is nothing new in Kenya but the country’s climate is showing clear signs of getting hotter and drier The day is hot and dry but the soil underfoot is soft. “After four months of drought, we received the first rains yesterday,” says Maasai elder Abraham Kampalei. “All we can do now is pray that they continue.” Kampalei has lived for more than 50 of his 70 years with his family and ani...
Harsh weather is nothing new in Kenya but the country’s climate is showing clear signs of getting hotter and drier The day is hot and dry but the soil underfoot is soft. “After four months of drought, we received the first rains yesterday,” says Maasai elder Abraham Kampalei. “All we can do now is pray that they continue.” Kampalei has lived for more than 50 of his 70 years with his family and animals in Oldonyonyokie, a hamlet in southern Kenya’s Kajiado county. He has witnessed the slow decline of the pastures. “I came here because of the abundance of grass for my livestock to graze. Today, there is almost nothing left of it,” he says. Continue reading...
Serve this over sticky rice, to soak up all those spicy, buttery juices The classic combination of soy sauce and honey salmon is a staple in our house, and works for kids and adults alike. However, sometimes I want to change things up, so here I’ve elevated it slightly with a gochujang dressing – similar principle, but with a bit of heat and depth, as well as richness from the butter. Using butter...
Serve this over sticky rice, to soak up all those spicy, buttery juices The classic combination of soy sauce and honey salmon is a staple in our house, and works for kids and adults alike. However, sometimes I want to change things up, so here I’ve elevated it slightly with a gochujang dressing – similar principle, but with a bit of heat and depth, as well as richness from the butter. Using butter might seem unusual, but it is often paired with soy sauce in Japan ( shoyu butter) with an indulgent result. Serve the fish over sticky rice, to soak up all those spicy, buttery juices, with steamed greens on the side. The Guardian aims to publish recipes for sustainable fish. Check ratings in your region: UK ; Australia ; US . Continue reading...
Following the sell-off over the past month, are there any compelling investment ideas out there that may have flown under your radar? Below is a list of March Buy recommendations made by analysts who had no other bullish recommendations over the past 3 months. For your directory assistance, we've classified the opportunities by sector. Healthcare Ionis Pharmaceuticals ( IONS ) - Longtime analyst M...
Following the sell-off over the past month, are there any compelling investment ideas out there that may have flown under your radar? Below is a list of March Buy recommendations made by analysts who had no other bullish recommendations over the past 3 months. For your directory assistance, we've classified the opportunities by sector. Healthcare Ionis Pharmaceuticals ( IONS ) - Longtime analyst Milkweed says the projected $2B+ peak revenue for Olezarsen is highly conservative given the U.S. addressable market, and the value of the rest of their extensive pipeline is another catalyst. - Ionis Pharmaceuticals' Peak Olezarsen Revenues Are Likely Very Conservative Humana ( HUM ) - Individual investor Natural Born Value Seeker says despite near-term margin compression and operational risk, a DCF-based valuation of $330 per share suggests HUM is undervalued; if management achieves its goal of returning to a 4-STAR rating by 2028 and its bets on CenterWell and Medicaid succeed, the company has a good chance of returning to its former glory. - Humana's Long Climb: Navigating The 4-STAR Recovery And The J-Curve Financials Klarna ( KLAR ) - Individual investor Adam Rosander says it has experienced a significant post-IPO decline, creating an attractive risk/reward entry point; its diversified revenue streams, cost control, and improving operating leverage position it favorably versus peers; and recent Q4 results showed 38% YoY revenue growth, strong user expansion, and rapid banking customer adoption. - Klarna: Buy Now, Or Pay Later Kaspi.kz ( KSPI ) - Individual investor Jonquil Capital says the core business remains robust, with revenue compounding at 30%+ and gross margins above 70%, while it offers a projected 9% 2026 dividend yield, with downside anchored by its dominant Kazakh fintech franchise. - Kaspi.kz: The Floor Is The Dividend, The Upside Is Turkey Communications Versant Media ( VSNT ) - Longtime analyst Lance Brofman says it trades at a low P/E of 5.3, offering p...
by-studio/iStock via Getty Images A year removed from the post-Liberation Day lows of April 2025, European equities are sharply higher, but also materially below their early-2025 peak. Namely, the iShares MSCI Switzerland ETF ( EWL ) is in a 10% drawdown, but still +14.5% versus 12 months ago. The diversified country ETF doesn’t have the lowest price-to-earnings ratio among Euro Area funds, while ...
by-studio/iStock via Getty Images A year removed from the post-Liberation Day lows of April 2025, European equities are sharply higher, but also materially below their early-2025 peak. Namely, the iShares MSCI Switzerland ETF ( EWL ) is in a 10% drawdown, but still +14.5% versus 12 months ago. The diversified country ETF doesn’t have the lowest price-to-earnings ratio among Euro Area funds, while the technical situation is mixed. Hence, I reiterate a hold rating. I was neutral on EWL some 18 months ago . Shares have returned a solid 27%, dividends included, since then, though that lags the Vanguard Europe ETF (VKG) by about 7.5 percentage points. Today, I’ll provide color on the valuation and offer a refreshed look at the technical situation. EWL Lagging Ex-US Stocks YoY Stockcharts.com ETF Heat Map: Drawdowns from 52-Week Highs Finviz According to the issuer , EWL seeks to track the investment results of an index composed of Swiss equities. The fund offers investors exposure to large and mid-sized companies in Switzerland and is used to express a country view. EWL is a somewhat small ETF, with just $1.49 billion in assets under management. That’s up from $1.16 billion at the time of my Q4 2024 assessment. Its annual expense ratio is moderate at 50 basis points, while the trailing 12-month dividend yield is zero. I’d call out that EWL has historically paid a $1.02 total annual dividend, so that would bring the yield to about 1.4%. Share-price momentum has been lukewarm lately, earning the product a soft C- ETF Grade in that category by Seeking Alpha’s quantitative scoring system. It was an A- just three months ago (and very strong leading into the late-February all-time high. In terms of risk , while it has a D+ grade there, I assert that the 15.2% historical standard deviation is not all that high. Moreover, the portfolio is somewhat diversified across sectors (although it is top-heavy). In terms of liquidity , average daily volume is north of 1.1 million shares ov...
JHVEPhoto/iStock Editorial via Getty Images Co-authored by Kody's Dividends When we evaluate newcomers to the dividend growth area, we look for a very specific financial anatomy: A dominant market position, a payout ratio that leaves room for error, and a management team that's committed to dividend growth. In other words, we're not simply looking for a yield. We're looking for a compounding engin...
JHVEPhoto/iStock Editorial via Getty Images Co-authored by Kody's Dividends When we evaluate newcomers to the dividend growth area, we look for a very specific financial anatomy: A dominant market position, a payout ratio that leaves room for error, and a management team that's committed to dividend growth. In other words, we're not simply looking for a yield. We're looking for a compounding engine that can run for many years. That brings us to the subject of today, which is The Cigna Group ( CI ). When we covered Cigna with a Buy rating in November , we thought that it had what it took to get back to double-digit percentage annual adjusted income per share growth. The A-rated balance sheet was another plus. Sealing the deal on our Buy rating, shares were meaningfully undervalued. Four months later, we're reaffirming our Buy rating. As we'll discuss in a moment, we still think that Cigna has the tailwinds to reproduce its double-digit percentage annual adjusted income per share growth of the past. The company's debt-to-capitalization ratio is strong. Lastly, shares are significantly undervalued. Cigna Has The Levers To Return To Healthy Growth Cigna Q4 2025 Earnings Press Release On Feb. 5th, 2026, Cigna released its earnings report for the fourth quarter ended Dec. 31st, 2025. The company's total revenue rose by 10.4% over the year-ago period to $72.47 billion in the quarter. For more color, this beat Seeking Alpha's analyst consensus by $3.39 billion during the quarter. That was the 19th quarter out of the past 20 that Cigna has done so. What was behind Cigna's outsized topline growth for the fourth quarter? As has been the case in previous quarters, the biggest growth catalyst for the company was a 16.8% uptick in its pharmacy revenue to $58.34 billion in the quarter. The company capitalized on a wave of huge biosimilar drugs, such as Humira and Stelara. By offering $0 out-of-pocket programs for these biosimilars, Evernorth drove massive volume growth, saving ind...
The acquisition accelerates Levanta's marketplace growth and gives Perch+'s sellers and publishers access to modern affiliate infrastructureSEATTLE, April 06, 2026 (GLOBE NEWSWIRE) -- Levanta, the leading affiliate and creator platform for e-commerce, today announced the acquisition of Perch+, one of the earliest affiliate networks built specifically for Amazon sellers. Perch+'s network of sellers...
The acquisition accelerates Levanta's marketplace growth and gives Perch+'s sellers and publishers access to modern affiliate infrastructureSEATTLE, April 06, 2026 (GLOBE NEWSWIRE) -- Levanta, the leading affiliate and creator platform for e-commerce, today announced the acquisition of Perch+, one of the earliest affiliate networks built specifically for Amazon sellers. Perch+'s network of sellers and affiliate partners will now operate within Levanta, giving them access to a modern affiliate an
Oracle Corporation (NYSE: ORCL) today announced the appointment of Hilary Maxson as Chief Financial Officer (CFO). Maxson will report to Chief Executive Officer (CEO) Clay Magouyrk and lead the company's global finance organization, effective April 6, 2026.
Oracle Corporation (NYSE: ORCL) today announced the appointment of Hilary Maxson as Chief Financial Officer (CFO). Maxson will report to Chief Executive Officer (CEO) Clay Magouyrk and lead the company's global finance organization, effective April 6, 2026.
Lea en español SURA Investments and BTG Pactual Chile launched new private-credit funds in Chile, expanding in an industry that has set off alarm bells in the US after years of extraordinary growth. The two asset managers are seeking to raise a total of as much as $200 million in separate vehicles, touting attractive returns and low volatility. SURA’s fund allows up to 30% of assets to be deployed...
Lea en español SURA Investments and BTG Pactual Chile launched new private-credit funds in Chile, expanding in an industry that has set off alarm bells in the US after years of extraordinary growth. The two asset managers are seeking to raise a total of as much as $200 million in separate vehicles, touting attractive returns and low volatility. SURA’s fund allows up to 30% of assets to be deployed abroad. Chile’s private-credit market is seeing renewed demand, even as investors in the US are pulling assets on concerns over exposure to a downturn in the software industry amid the growth of artificial intelligence. Blue Owl Capital Inc. on Thursday became the latest to limit redemptions from two of its private-credit funds after facing a surge in withdrawal requests that is unprecedented among major firms in the $1.8 trillion market. Meanwhile in Chile, the industry is being “driven by customer demand,” said Jose Miguel Correa, head of alternative assets at the asset management arm of BTG Pactual Chile. “Our clients have a slightly higher risk appetite. They are willing to take on a little illiquidity in their investments in order to earn a little more.” SURA expects its fund to return about 8% a year, while BTG forecasts a slightly higher figure. That compares to the yield on five-year peso bonds of 5.3%, while two-year notes are trading at a 4.6%. Chilean private debt funds managed $6.5 billion as of the third quarter of 2025, up from $6.1 billion at the end of last year, according to data from ACAFI, the Chilean Association of Investment Fund Administrators. US Exodus The US industry has seen investors scrambling to withdraw money in recent months on concerns over loan quality and exposure to software businesses. In recent weeks, funds managed by firms such as Apollo Global Management Inc. , BlackRock Inc. and Ares Management Corp. have faced requests for redemptions — and, in many cases, have exercised their right to block investors from getting all their money ou...
jetcityimage/iStock Editorial via Getty Images Molson Coors Beverage Company ( TAP ) closed on its acquisition of Atomic Brands in a development that brings Monaco Cocktails into the company's U.S. Beyond Beer portfolio. Weighing in on the deal, TD Cowen analyst Robert Moskow noted that while Monaco's growth has slowed in the past year, it is still considered a strong brand in the rapidly evolving...
jetcityimage/iStock Editorial via Getty Images Molson Coors Beverage Company ( TAP ) closed on its acquisition of Atomic Brands in a development that brings Monaco Cocktails into the company's U.S. Beyond Beer portfolio. Weighing in on the deal, TD Cowen analyst Robert Moskow noted that while Monaco's growth has slowed in the past year, it is still considered a strong brand in the rapidly evolving RTD spirits category. Moskow and his team anticipate a 1% lift to Molson Coors' ( TAP ) revenue from the acquisition. Evercore ISI was also positive on the deal. Analyst Robert Ottenstein said the addition of higher-growth brands helps Molson Coors ( TAP ) work toward returning to delivering results in line with its low single-digit, medium-term sales algorithm, which is now inclusive of M&A. "Monaco fits well given the distribution overlap and strength in independents and c-stores, while runway remains as the brand starts to expand into large format and as on-premise venues become a bigger priority," updated Ottenstein. The acquisition was noted to establish Molson Coors (ATP) as a top-five supplier in the fast-growing ready-to-drink cocktail segment. Looking ahead, Molson Coors ( TAP ) is focused on supporting the plan for Monaco's next phase of growth and leveraging its national scale while maintaining continuity for customers, distributors, and consumers. The acquisition is also expected to support the company’s long-term strategy to build a strong portfolio of scaled brands across beer and beyond beer, aligned with evolving consumer preferences and occasions. Launched in 2012 by Atomic Brands, Monaco helped ignite the RTD cocktail category and popularized the concept of canned cocktails for big nights, high-intensity sports, and live events. Monaco Cocktails was introduced as Atomic's flagship ready-to-drink (RTD) line, positioned around "premium quality, bold flavor, endless energy, plus zero fuss." Monaco gradually broadened its base formulas beyond pure spirits to ...
Tesla is unlikely to go higher anytime soon as the electric vehicle company sees a record surge in unsold cars, according to JPMorgan. The investment bank reiterated its underweight rating for the EV maker and maintained its $145 price target. That implies roughly 60% downside from Thursday's close. "We ... advise investors approach TSLA shares with a high degree of caution," analyst Ryan Brinkman...
Tesla is unlikely to go higher anytime soon as the electric vehicle company sees a record surge in unsold cars, according to JPMorgan. The investment bank reiterated its underweight rating for the EV maker and maintained its $145 price target. That implies roughly 60% downside from Thursday's close. "We ... advise investors approach TSLA shares with a high degree of caution," analyst Ryan Brinkman said in a note. "Although both technology and execution risk seem substantially less than was once feared, expansion into higher volume segments with lower price points seems fraught with greater risk relative to demand, execution, and competition." JPMorgan lowered its forecast for the company's earnings per share outlook in 2026 to $1.80 from $2, below consensus estimates, after Tesla delivered less vehicle than expected. Tesla delivered around 358,000 vehicles in the first quarter , below the roughly 370,000 analysts polled by StreetAccount anticipated. The analyst added that JPMorgan's rating "considers notable investment positives, including a highly differentiated business model, appealing product portfolio, and leading-edge technology." However, those positive attributes are "more than offset by above-average execution risk, rising competition, growing controversy with regard to the brand, and valuation that seems to be pricing in a lot." JPMorgan's call goes against consensus on the Street. Of the 54 analysts covering Tesla, just 10 have an underperform or sell rating on the stock, per LSEG. Shares have fallen nearly 20% in the year to date, although the stock is still up roughly 51% over the past 12 months.