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Sasol Expects Lower Mining and Chemicals Output This Year but Maintains Financial Targets

Introduction Sasol Limited is a prominent global energy and chemicals company headquartered in South Africa, with operations spanning several countries. The company is primarily engaged in the production of synthetic fuels, chemicals, and various other materials that serve numerous industries worldwide. Sasol’s diverse portfolio, combined with its expansive reach, enables it to play a crucial […]

TSMC First-Quarter Profit Surges 60% on Strong Chip Demand

Introduction Taiwan Semiconductor Manufacturing Company (TSMC), a leading semiconductor foundry globally, has demonstrated remarkable financial performance in the first quarter. The company’s recent earnings report showed an impressive 60% surge in profits compared to the previous year, primarily driven by substantial demand for chips across various sectors. TSMC’s innovative technologies and state-of-the-art manufacturing processes have

BNP Paribas Cuts Tesla Target, Warns Q1 May Force Rethink on Earnings Outlook

Introduction BNP Paribas recently made headlines by adjusting its target price for Tesla shares, a decision that has garnered significant attention in both the automotive and financial sectors. The revised outlook is viewed not only as a reflection of Tesla’s current operational challenges but also as a bellwether for broader trends within the electric vehicle