Gazprom’s European gas supplies drop to decade low amid fractured unity over sanctions February 20, 2022 Gazprom's European gas supplies has fallen to 10-year lows, while Germany and Italy fret over sanctions reducing their energy reserves.
Two more energy firms bite the dust as market crisis deepens February 18, 2022 Whoop Energy and XCel Power have ceased trading, with Ofgem pledging to protect its customers and designate a new supplier.
Gold consolidates rallies as investors seek safe haven from Ukraine tensions February 18, 2022 Gold prices have stabilised after surging over the past two days, ahead of a potential US-Russia meeting over Ukraine next week.
Breezy does it: Wind output pushes down power prices while diplomacy causes oil and gas to falter February 18, 2022 Power, gas and oil prices all stutter amid stormy weather and increased hopes of diplomatic solutions to geopolitical tensions.
2021’s top traded stocks at IG and outlook for 2022 February 18, 2022 | City Talk What were the most popular stocks in 2021? We look at how equity markets continued to rise with economic recovery and how investor sentiment on sectors has begun to change with increasing interest rates. The most traded stocks in 2021 Last year was an overwhelmingly positive period for equity markets with many developed market stock [...]
Oil prices suffer weekly fall for first time in two months amid Iran-US talks February 18, 2022 Oil prices are heading for a weekly fall for the first time in nearly two months, following further losses on both major benchmarks.
Rising Inflation and Supply Chain Challenges: Will EMEA M&A Deals Be at Risk in 2022? February 17, 2022 | City Talk Although 2021 set record value and volume levels for M&A both globally and in EMEA, supply chain issues were the top reasons M&A deals fell apart in 2021, according to a new survey of 200 UK-based dealmakers by Datasite. Every industry impacted Close to two-thirds (64%) of UK dealmakers said inflation affected a deal on [...]
Oil rallies stutter as US-Iran talks reach final stages February 17, 2022 Oil prices have dropped this morning as talks to revive the aborted nuclear deal with Iran have progressed over recent days.
Suppliers could be charged for luring new customers under fresh Ofgem intervention February 16, 2022 Energy suppliers could be forced to pay a levy when acquiring new customers, under freshly announced time-limited measures unveiled by Ofgem. The regulator has intervened further in the energy industry, with the introduction of the market stabilisation charge. It will mean that when suppliers attract customers from an existing energy firm, they will have to [...]
Heathrow chief says fares row no good for either side of debate February 16, 2022 DESPITE a very public feud between airlines and Heathrow over the airport’s passenger fees, the airport’s boss has told City A.M. that co-operation will see both sides come out stronger. “The best way through this actually is to work with airlines to recover as fast as we can,” John Holland-Kaye said. The airport and carriers [...]