How are the FTSE 100, Dow & Dax faring? April 11, 2022 | City Talk Ahead of the ECB committee meeting, BOC rate decision and US earning season, we provide an outlook on how futures are positioned. FTSE 100 The FTSE 100 gained over 1% last week as most US, Asian and European equity indices ended the week in negative territory, weighed down by a firm hawkish outlook from the [...]
EU pushes OPEC to boost oil output as bloc weighs up ban on Russian supplies April 11, 2022 European Union (EU) officials will hold talks with OPEC representatives today in Vienna, amid growing calls for the cartel to boost supplies.
Palladium prices soar as London suspends Russian refiners April 11, 2022 Palladium prices have continued to climb today - closing in on $2,500 per ounce following a nine per cent spike last Friday.
Italian lottery operator Sisal mulls joining Camelot’s High Court challenge April 10, 2022 Italian lottery operator Sisal is considering teaming up with Camelot to challenge the Gambling Commission’s decision to pick Czech firm Allwyn to run the UK’s National Lottery. Sisal is weighing up plans to back Camelot’s High Court bid to overturn the Gambling Commission’s decision, after Camelot lodged a legal challenge against the government agency earlier [...]
Oil prices dip below $100 per barrel following IEA pledge to flood markets April 7, 2022 Oil prices dropped below $100 on both major benchmarks today - with markets weighed down by pledges from the IEA to boost supplies.
EU to delay coal ban amid pressure from Germany April 7, 2022 The EU will ban Russian coal a month later than planned amid pressure from Germany to delay the restrictions.
Oil prices recover as EU targets Russian coal April 6, 2022 Oil prices have rebounded from recent losses, as the prospect of fresh sanctions on Russia raised fears of supply shortages.
Battery giant Gresham House Energy Storage Fund records soaring revenue of 170 per cent April 6, 2022 Battery storage giant Gresham House Energy Storage has recorded soaring revenue of 170 per cent for 2021, with £80.4m of profit. Publishing its third annual set of results since listing on the London Stock Exchange, it announced EBITDA (earnings before interest, taxes, depreciation, and amortiSation) of more than £42m, up 172 per cent. This comes [...]
LGIM calls for more mining sector funding to meet net zero goals April 5, 2022 Funding for the mining industry will have to be ramped up to ensure the successful decarbonisation of global economies, warned LGIM.
Zinc prices rally amid reduced output and soaring energy prices April 5, 2022 Zinc prices have skyrocketed again amid fears of reduced output in already tight markets, rising to $4,470 per tonne.