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

FTSE 100 falls on last day of 2015

December 31, 2015

Britain's blue-chip index was down 0.13 per cent at 6,266.14 points in the final half day trading session of 2015. Elsewhere, the French Cac was 4,663.42 points lower while the German Dax was closed for a public holiday. The FTSE 100 has failed to reach a record high hit in April, partly due to the market turmoil bought about by concerns over [...]
Russian rouble dives against the dollar as economic picture darkens

December 31, 2015

The Russian rouble tumbled yesterday as concerns over a prolonged oil price rout stoked fears surrounding the country's economy. The rouble sank 1.2 per cent at Rbs73.15 against the dollar yesterday, taking it to a record low. It has since recovered somewhat, and was last up 0.1 per cent at Rsb73.9. Russia's economy is heavily dependent on oil [...]
Institute of Directors: Company profits at risk from an interest rate rise by the Bank of England

December 31, 2015

One of Britain's biggest business groups has warned company profits peaked in 2015, and they'll be crunched when the Bank of England eventually raises borrowing costs for the first time in more than six years. The Institute of Directors (IoD) said the bank's rate-setters has exercised caution thus far, but they'll have "no choice" but [...]
Wages rose for the first time in eight months in November

December 31, 2015

Wages rose for the first time in eight months in November, and they could be set to rise further, despite average advertised salaries declining across the board in 2015. Monthly average advertised salaries rose 0.2 per cent to £33,112 in November, up from £33,043 in a month earlier according to Adzuna. "November could be a turning [...]
Focus@Will, Wunderlist and RescueTime: Four apps to help you focus at work after the festive period

December 30, 2015

It's time to swap lazy days, mulled wine and Christmas dinners for early starts, coffees and deadlines. Given this somewhat sour exchange, it's hardly surprising that the post-festive period can send even the diligent employees into a tailspin. If you're one of the many who are feeling lost in a post-Crimbo wasteland, unsure which day of the [...]
Comparethemarket.com: Cost of average car insurance soars to record high

December 30, 2015

The cost of an average car insurance premium has soared to a record high, according to new data from Comparethemarket.com. The comparison website's motor insurance index has shown average car insurance premiums across all age groups currently stands at £675.61, the most since 2012. It added that the main reasons behind the jump in costs are the [...]
Facebook faces lawsuits over its growth forecasts ahead of IPO in 2012

December 30, 2015

A US judge has given the go-ahead to two lawsuits accusing Facebook of hiding concerns over growth forecasts ahead of its initial public offering (IPO) in 2012. Facebook floated around three-and-a-half years ago at $38 per share. But initial investors would've lost out after its share price fell as low as $17.55 a few months later, and stayed below the [...]
Barclays share price falls as wealth management arm Barcap is slapped with $13.75m penalties

December 30, 2015

Barclays shares slumped 0.7 per cent to 220.95p per share this morning, after a US regulator found its former wealth and investment management arm made unsuitable mutual fund switches between 2010 and 2015. The US financial industry regulatory authority (Finra) ordered Barclays Capital to pay more than $10m (£6.7m) in compensation to the customers affected, and a [...]
Moody’s slices Noble’s rating to junk as commodity rout deepens

December 30, 2015

Moody's downgraded Asia-focused commodities trader Noble to junk status with a negative outlook yesterday, due to concerns about the company's profitability in the face of the plunging commodities prices. Moody's cut Noble's senior unsecured bond ratings to Ba1, which is junk status, from Baa3. It also gave a Ba1 corporate family rating to Noble, despite its cost-cutting efforts such as [...]
Sirius Minerals share price jumper after it signs with the China’s Huaken International

December 24, 2015

Shares in Sirius Minerals jumped as much as 11.2 per cent to 15.57p per share today after the Aim-listed company clinched a deal with a Chinese company. Chinese importer and exporter Huaken International has agreed to buy 500,000 tonnes of polyhalite over a seven-year period from Sirius' York Potash mine. It's an "offtake" agreement, something that's agreed before a [...]

Two top flight clubs in same league to be owned by same firm after major sport decision

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