By: Jessica Morris

I write about energy and industrials for City A.M. I'm particularly interested in geopolitics, energy policy and, of course, the ever lively oil markets.

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Mattel and Hasbro share prices surge on merger report

February 4, 2016

Two US toy makers Mattel and Hasbro, between them responsible for childhood favourites such as Hot Wheels and My Little Pony, could embark on a deal which would create one of the world's biggest toy makers. The companies shares jumped after it was reported Hasbro approached Mattel about a potential transaction late last year, with the companies since [...]
Morgan stanley – oil won’t rebound this year

February 4, 2016

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Swiss commodity trader Trafigura’s chief released on bail amid fraud probe

February 4, 2016

The head of one of the world's largest oil and metals traders, Trafigura, was released on bail after eight months in prison this week, as a probe into alleged fraudulent trading activity continues. Li Bo, who heads the company's operations in Beijing, has not been charged in the matter which relates to losses of $32m (£22m) in a gasoline trade [...]
Glencore share price rises despite S&P cutting its credit rating to just above junk

February 4, 2016

Miner and trader Glencore’s credit rating was left hovering above junk grade today, after Standard & Poor’s (S&P) spliced it to the lowest investment grade, citing concern over the impact of China’s slowing economy on commodity prices. S&P downgraded the Switzerland-based group by one notch to BB- from BBB. It had recently lowered forecasts for [...]
ConocoPhillips share price falls as it whittles down dividend due to commodities slump

February 4, 2016

ConocoPhillips unveiled deep cost-cutting measures today, as it became the first US oil major to slash its quarterly dividend, due to the increasingly gloomy outlook for commodities and tighter credit conditions across the industry. Shares in ConocoPhillips, the largest US independent oil and gas company, slumped 1.24 per cent to $38.15. It cut capital expenditure forecasts for 2016 to [...]
SSE Fiddler’s Ferry coal-fired plant closure fuels fears of UK power shortage

February 3, 2016

Energy giant SSE today said it's likely to close three out of four units at its Fiddler's Ferry coal-fired plant from April 1, stoking concern that the UK's aging energy infrastructure could be left even more susceptible to future blackouts. SSE said its 45-year old station near Manchester had been loss-making for two years and was expected [...]
Yum! Brands share price falls as investors left lukewarm by fourth quarter results

February 3, 2016

Shares in Yum! Brands fell 1.41 per cent to $72.42 during after hours trading, with investors left feeling lukewarm on the release of its fourth quarter results. This came despite China's same-store sales rising two per cent in China, ahead of expects for a 1.9 per cent increase. The group's total revenue slumped 1.2 per cent to [...]
Brent and WTI crude: Oil prices soar as the US dollar dives

February 3, 2016

Oil prices surged today, helped by the tumbling US dollar following comments by a US Federal Reserve official and weak economic data. Brent crude, the international benchmark, rose 8.31 per cent to $35.44 per barrel. Meanwhile, West Texas Intermediate (WTI) crude, added 9.3 per cent to $32.66. "We're getting the rally in crude oil from the pounding [...]
Deutsche Bank, Uni Credit, Standard Chartered share prices drop: European bank shares are tanking

February 3, 2016

Shares in leading banks tumbled throughout Europe today, with Deutsche Bank and Standard Chartered falling by 6.02 per cent and 4.29 per cent respectively. A sea of red engulfed the sector as fears spread of slowing economic growth and credit losses from energy companies hobbled by low oil prices. Brenda Kelly, head analyst at London Capital [...]
Crowdfunded claims management company Rebus collapses into administration

February 3, 2016

Claims management company Rebus has collapsed into administration, marking one of the biggest failures of a UK crowdfunded company. Rebus had raised more than £800,000 last year on crowdfunding platform Crowdcube to fund an expansion, according to the BBC. It comes in the wake of another high-profile crowdfunding failure a couple of months ago. Mini-drone maker [...]

Where does Britain stand in the New World Order?

Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals

How something as simple as walking could change your life

By: Jessica Morris

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