Core Insights - TORM reported its strongest quarterly results in 2025, highlighting the effectiveness of its integrated operating model and commitment to shareholder value [1][2]. Financial Results - In Q3 2025, TORM generated time charter equivalent earnings (TCE) of USD 236.4 million, down from USD 263.4 million in Q3 2024, reflecting a decrease of USD 27 million [4]. - Adjusted EBITDA for the group was USD 159.4 million in Q3 2025, compared to USD 190.9 million in the same period of 2024, a decline of USD 31.5 million [4]. - Net profit for Q3 2025 was USD 77.6 million, down from USD 130.7 million in Q3 2024, a decrease of USD 53.1 million [4]. - The average TCE rate for the quarter was USD 31,012 per day, a decrease of USD 2,710 from USD 33,722 in Q3 2024 [4][2]. Business Highlights - TORM completed the sale of two MR vessels and acquired a 2010-built LR2 vessel, with plans to acquire four additional MR vessels in Q4 2025, increasing the fleet size to 92 vessels [5]. - In July 2025, TORM secured financing commitments of up to USD 857 million to refinance existing loans and lease agreements, enhancing capital flexibility [6][7]. Dividend Distribution - The Board of Directors approved an interim dividend of USD 0.62 per share for Q3 2025, totaling an expected payment of USD 60.7 million, which corresponds to 78% of net profit [8]. Financial Outlook - As of October 31, 2025, TORM had covered 55% of Q4 2025 earning days at an average rate of USD 30,156 per day [9]. - For the full year 2025, TORM expects TCE earnings in the range of USD 875 million to USD 925 million, with EBITDA projected between USD 540 million and USD 590 million [11].

Hurricane Melissa became the most powerful storm on record to strike Jamaica in part because of water made hotter and air made wetter by global warming, a new analysis has found.The storm was also one of the strongest to ever form in the Atlantic, with winds reaching 185 mph shortly before making landfall in Jamaica. Those extreme wind speeds were five times more likely and 7% more intense because of climate change, according to the new analysis by World Weather Attribution, a scientific group that dissects ...

According to the How did key Australian Stock Exchange indices performSimilarly, the S&P/ASX 100 gained 0.3%, ending the session at 7,355.60, while the broader S&P/ASX 300 edged up 0.3% to 8,775.20, up from 8,749.90. Overall, the Australian equities market reflected steady upward momentum across all major indices.Live EventsASX 200: Here are top gainers and losersThe Australian share market saw notable swings among its leading stocks, with several companies posting strong gains while others faced significa ...

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Core Insights - The article introduces Joffrey Simonet as a new contributing analyst for Seeking Alpha, inviting individual investors to share their investment ideas for publication and potential earnings [1] Group 1 - The individual investor has over 5 years of experience managing a long-only portfolio, focusing on a range of investments from deep value to early-stage tech stocks, with a significant emphasis on semiconductors, AI compute/infrastructure, and emerging technologies [2] - The investment strategy is long-term, allowing winning investments to compound while maintaining positions in underperforming stocks for at least a year unless significant events challenge the investment thesis [2] - The investor pays close attention to long-term geopolitical and macro trends that could provide tailwinds for specific investment themes, which helps in maintaining conviction during market volatility [2]

Die beiden Konzerne haben eine verbindliche Vereinbarung über die wichtigsten Grundsätze ihrer Zusammenarbeit getroffen, mit dem Ziel, langfristig eine Kapazität von einer Million Tonnen zu erreichen.Den Start der Kooperation bildet der Bau einer Anlage in China mit einer Verarbeitungskapazität von 50.000 Tonnen PET-Abfällen pro Jahr.Diese Kooperation steht noch unter dem Vorbehalt der Unterzeichnung der endgültigen Verträge. Clermont-Ferrand (Frankreich), 6. November 2025 (08:30 Uhr MEZ). Nach der am 24. J ...

Les deux Groupes se sont accordés de manière engageante sur les grands principes de leur collaboration, en vue de déployer une capacité de 1 million de tonnes à long terme,Débutant par la construction en Chine d’une usine d’une capacité de traitement de 50 000 tonnes de déchets PET par an.Cette collaboration reste soumise à la signature des accords définitifs. Clermont-Ferrand (France), 6 novembre 2025 (8h30 CET). Faisant suite à la Lettre d’intention signée le 24 juin 2024, CARBIOS (Euronext Growth Paris : ...

Core Insights - Sivers Semiconductors and POET Technologies have formed a strategic partnership to combine their technologies, aiming to deliver scalable and energy-efficient light sources for AI datacenters [1][4] - The collaboration focuses on addressing the growing demands for high-speed connectivity in AI datacenters, as traditional technologies reach their performance limits [2][3] Group 1: Partnership Details - The partnership integrates Sivers' distributed feedback (DFB) laser technology with POET's Optical Interposer™ platform, creating high-performance Light-Engine solutions for future pluggable transceivers and External Light Sources (ELS) [3][4] - Prototypes of the new technology are expected to be demonstrated to customers in the first half of 2026, with production readiness targeted for the end of 2026 [4] Group 2: Market Context - The demand for co-packaged optics (CPO) is increasing due to next-generation GPU architectures, which require innovative technologies like continuous wave (CW) lasers [2][3] - The partnership positions both companies to capitalize on the rapidly growing AI optical connectivity market, which is essential for the evolving needs of hyperscale data centers [4][6]

North Sea-focused Harbour Energy on Thursday said a review of its UK operations has resulted in a reduction of 250 jobs due to significantly lower anticipated investment in the UK driven by the domestic fiscal regime. ...

Datadog, Inc. (NASDAQ:DDOG) will release earnings results for the third quarter before the opening bell on Thursday, Nov. 6.Analysts expect the New York-based company to report quarterly earnings at 46 cents per share, compared to 46 cents per share in the year-ago period. The consensus estimate for Datadog's quarterly revenue is $852.27 million, compared to $690.02 million a year earlier, according to Benzinga Pro.On Aug. 7, Datadog raised its FY25 guidance.Shares of Datadog fell 1.6% to close at $154.98 o ...