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Factors to watch - July 2

MIDEAST - Factors to watch - July 2 Here are some factors that may affect Middle East stock markets on Tuesday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-Dollar soars near 38-year yen peak as Trump risk lifts US yields MKTS/GLOB * Oil trades near two-month high on summe
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Petrofac Extends Forebearance Agreement With Ad Hoc Group Of Noteholders

BRIEF-Petrofac Extends Forebearance Agreement With Ad Hoc Group Of Noteholders July 1 (Reuters) - Petrofac Ltd PFC.L : PETROFAC EXTENDS FOREBEARANCE AGREEMENT WITH AD HOC GROUP OF NOTEHOLDERS PETROFAC EXTENDS FORBEARANCE AGREEMENT WITH AD HOC GROUP OF NOTEHOLDERS EXTENDED EXISTING FORBEARANCE AGREEMENT FROM 30 JUNE TO 25 JULY 2024 Source text for E
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Petrofac's annual losses swell on challenges in biggest division

Petrofac's annual losses swell on challenges in biggest division May 31 (Reuters) - Petrofac PFC.L reported higher annual losses on Friday, as the British oilfield services provider struggled with significant losses in its biggest division, Engineering & Construction (E&C). The company posted an incremental loss of about $190 million in its E&C division for the year, higher than its expectations of about $130 million.
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Petrofac Says Operating Activity In E&C Business To Be Higher In 2024

BRIEF-Petrofac Says Operating Activity In E&C Business To Be Higher In 2024 May 31 (Reuters) - Petrofac Ltd PFC.L : PETROFAC LIMITED PETROFAC LIMITED: RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023 PETROFAC: IN DISCUSSIONS WITH FINANCIAL CONDUCT AUTHORITY TO SEEK A REINSTATEMENT OF TRADING IN ITS SHARES PETROFAC: STRONG FY ORDER INTAKE OF US$7.1 BILLI
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Adidas, EFG International, Smith & Nephew

EUROPE RESEARCH ROUNDUP-Adidas, EFG International, Smith & Nephew May 2 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adidas, EFG International, and Smith & Nephew, on Thursday. HIGHLIGHTS * Adidas AG ADSGn.DE : Barclays raises target price to EUR 243 from EUR 231 * EFG International AG EFGN.S : Citigroup raises to buy from neutral * Gsk GSK.L : JP Morgan raises target price to 1660p from 1530p * Kemira Oyj KEMIRA.HE : Berenberg
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