Gazprom Sees Income Decline. Possible Threats For Russia?
Negative forecasts for Gazprom’s future have become a routine for analysts and strategists from around the world, including Russia, China, Great Britain and the USA. While some of them can be treated as a means of info wars, most doomsday predictions are so old that they shouldn’t be considered seriously by market participants.
Still, there are some objective negative tendencies and factors. In particular, Gazprom has recently seen an income decline. What are the reasons behind it and what are the threats to the Russian energy-dependent economy?
Gazprom, a major Russian NG company, and Enel, an Italian energy company, may sign an agreement till the end of March. The agreement will concern the purchase of a power plant in Belgium. The CEO of Enel says Gazprom is expected to confirm its interest in the asset till late March.
Today’s trading session ended in the red zone for Asian stock indices. The major reason for the decline is said to be the information that China is determined to toughen regulation in order to fight inflation.
As of 2012, Prudential Plc, the United Kingdom’s major insurance company, saw its operating income increase up to £2.53bn or $3.8bn. for comparison sake, the company’s operating income was equal to £2.03bn. Therefore, the insurance company increased its operating income by 25% in 2012.
On March 14th, Lava, an India-based tech company, wants to distract attention from the long-awaited Samsung Galaxy S4 by presenting its own smartphone. The presentation of the new devices will take place a couple of hours before the actual presentation of Samsung Galaxy S4.
The OPEC has recently published anther report. The report shows no changes in the previous forecast for the global oil demand in 2013. According to the forecast, the daily global demand for crude oil will be around 89.7 million barrels a day.
Rumors Say Lenovo And BlackBerry Will Merge. BlackBerry’s Stock Gains 14%.
There are rumors that BlackBerry is going to merge with Lenovo, a major Chinese tech company. These rumors made the stock of the Canadian company appreciate by 14% within a trading session. Another major reason for such a sharp rally is the fact that the USA’s major cellular provider started selling a new BlackBerry smartphone.