|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's range||5.95 - 6.24|
|52-week range||5.48 - 11.16|
|Beta (5Y monthly)||1.56|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Austria's OMV started up a new biofuels plant at its Schwechat refinery two weeks ago, a company executive said at an energy industry conference in Singapore on Tuesday. The plant can produce around 160,000 metric tons per year (tpy) of sustainable diesel components from bio-oils, said Michael Spitzbart, senior vice president of OMV's refining business. The company also "plans to go into sustainable aviation fuel (SAF), renewables, hydrogen and electrolysis," Spitzbart told Reuters on the sidelines of the APPEC conference.
None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are currently grounded over a lack of spares, Leslie Thng, CEO of Scoot, the airline's low-cost subsidiary, said on Wednesday. The engines have been under scrutiny since Go Airlines (India) Ltd filed for bankruptcy protection this month, blaming "faulty" Pratt engines for the grounding of about half its 54 Airbus A320neos. Pratt, part of Raytheon Technologies says the claims are without evidence and divert attention from the airline's financial woes.
** Italy's government said negotiations were progressing with Germany's Lufthansa over the sale of a minority stake in ITA Airways, after the two companies jointly approved the Italian carrier's industrial plan. ** E-commerce firm JD.com Inc said it planned to spin off its property and industrial units and list them on the Hong Kong Stock Exchange, the latest revamp in the Chinese technology sector after a sweeping regulatory crackdown. ** CNH Industrial said that it had agreed to buy Hemisphere GNSS, a high-performance satellite positioning technology company, for $175 million to improve automation in its agriculture and construction businesses.