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.

All 2633 Articles

Oil prices: Standard Life says it will vote against Royal Dutch Shell’s takeover of BG Group

January 11, 2016

Standard Life plans to oppose Royal Dutch Shell's takeover of its smaller rival BG Group, saying that the £47bn mega-deal would not work in the current low oil price environment. Dave Cumming, head of equities at Standard Life, said that the fund manager plans to oppose the deal when it goes to a shareholder vote later this month. [...]
Paris terror attacks: Belgium police find possible bomb factory in Brussels during December raid

January 8, 2016

Belgian police have found an apartment in Brussels where they believe explosives used in the Paris terror attacks were manufactured. Traces of explosive acetone peroxide and handmade belts were found in a dawn raid at the apartment in the district of Schaerbeek on 10 December, prosecutors said in a statement on Friday. The finding adds [...]
UK trade deficit shrinks in November on oil price slump

January 8, 2016

Britain's trade deficit shrank in November, as cheaper imports on the back of the oil price rout helped offset a record goods trade deficit with other EU countries. The Office for National Statistics (ONS) said the UK's total trade deficit narrowed to £3.170bn in November, from £3.507bn a month earlier. The deficit in goods alone narrowed [...]
Five factors behind this week’s Chinese stock turmoil

January 8, 2016

Chinese shares had a tumultuous start to the new year with the benchmark CSI 100 index closing down 10 per cent. So what were the main factors behind the turbulence? The slowing Chinese economy China is trying to move away from export-led growth towards a more sustainable, domestic consumption-led economic model. Nevertheless, fears over the pace of its [...]
Iran official says oil prices could fall as low as $25 by March this year

January 8, 2016

An Iranian official has warned the price of oil could slump to $25 per barrel by March, once international sanctions over its alleged nuclear programme have been removed. Fereidun Fesharaki, a former oil adviser to the Iranian prime minister, told The Times that Brent crude, the international benchmark, could drop to between $25 to $30 [...]
Watchstone, formerly known as Quindell, sells property business for £1

January 8, 2016

Watchstone Group, the company formerly known as Quindell, has sold its property and maintenance companies for just £1 as it seeks to draw a line under the insurance outsourcer's controversial past. In a statement to the London Stock Exchange today, it said property insulation business, BE Insulated, and property maintenance service provider, Carbon Reduction Company, had been sold to the [...]
Chinese shares rise two per cent after day of volatile trading – but end the week 10 per cent down

January 8, 2016

Chinese shares closed mixed today, ending a week of volatile trading, following mounting fears over the pace of the country's economic slowdown. After a day of wild swings, China's Shanghai composite index closed up 1.97 per cent at 3,186.41 points. Meanwhile, the Shenzhen composite index ended the day 1.05 per cent higher at 1,978.721 points. The CSI 300 index, tracking [...]
China Securities Regulatory Commission scraps stock circuit breaker rule as FTSE 100 and global markets tumble

January 7, 2016

We learned yesterday morning that Chinese market circuit-breakers are like buses: you wait ages for one and then two come along at once. But clearly two of the country's largest stock exchanges have had enough: China Securities Regulatory Commission stock exchanges issued a statement saying it is scrapping the circuit-breaker, which has halted trading on the country's stock markets twice [...]
Anglo American share price tanks

January 7, 2016

Anglo American was one of the worst performer on the FTSE 100 today, with its shares tumbling to a new record low after a brief but brutal trading session in China pounded global commodity prices. Anglo tumbled as much as 12 per cent at 238.15p per share in late morning trade. The fall takes the embattled miner's losses [...]
Brent crude oil price slides below $33 after PBOC depreciates renminbi

January 7, 2016

Brent oil crashed to an almost-12-year-low today, after a Chinese stock market sell-off caused trading to be suspended for the second time this week. Brent crude, the global benchmark, was down five per cent at $32.16 per barrel. West Texas Intermediate (WTI) crude, the US benchmark, slumped 3.53 per cent at $32.77. Earlier today, the People's [...]

Premier League’s smallest stadium gets approval to begin £90m rebuild

Premier League’s smallest stadium gets approval to begin £90m rebuild

This hotel on the Elizabeth Line is 30 minutes from London but feels totally remote

By: Jessica Morris

All 2633 Articles

Subscribe