Oil prices stabilise despite OPEC+ sticking to raised output targets January 5, 2022 Oil prices rose above $81 per barrel on Wednesday after OPEC+ opted to maintain its agreed output target rise for February.
Uniper secures €10bn to cope with gas price volatility January 5, 2022 Uniper has picked up €10bn from parent company Fortum and state bank KfW to avoid a cash crunch amid record gas prices.
Together Energy on the brink of collapse after funding bid fails January 5, 2022 Council-backed supplier Together Energy is on the brink of collapse after its last-ditch search failed to find fresh funds, according to Sky News.
Brits have to pay for entry to the EU from this year: Cash and pre-authorisation needed for post-Brexit trips to Europe January 5, 2022 Brits will have to start paying €7 per person and pre-register their details in order to enter the European Union from this year. Reports had surfaced in various European media in recent weeks that access to all Schengen EU countries would come at a cost from 2022, and when approached by City A.M. this morning, [...]
Oil prices remain stable with OPEC+ expected to maintain output increases January 4, 2022 Oil prices have remained stable ahead of today’s OPEC+ meeting, with the organisation on course to increase supplies in the market.
Gas prices rise for second day running as Russia cuts supplies into Europe January 4, 2022 Gas prices have surged for a second day, deepening Europe’s energy woes amid fears of a blackout this winter.
New year, new record: S&P 500 hitting new high on first day of 2022 is sign investors remain bullish about stocks January 4, 2022 The new year start off with a bang for global markets as Wall Street recorded record highs for the S&P 500 and the Dow Jones Industrial Average. The S&P 500 rose 0.6% and the Dow finished 0.7% higher. Both indexes eclipsed the record highs they set last Wednesday. The Nasdaq composite rose 1.2%. Technology stocks [...]
Gazprom likely to have missed gas export targets to Europe amid deepening energy crisis January 2, 2022 Gazprom is likely to have fallen short of its natural gas export targets in Europe as wholesale costs soar to record levels amid global supply shortages.
Oil prices dip two per cent as Omicron variant renews concerns of supply glut January 2, 2022 Oil prices have fallen amid rising fears of reduced demand and a supply glut next year following record Covid-19 cases reported in major economies.
Staggering 60 per cent of UK employees plan to find new job in 2022 with salary not the most important driver December 29, 2021 The so-called Great Resignation is set to continue into 2022, with a staggering 60 per cent of employees planning to leave their jobs in the next 12 months, according to a new survey shared with City A.M. This is largely a result of over 80 per cent of UK employees feeling less connected to their [...]