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

US issues global travel alert amid “increased terrorist threats” as manhunt continues for Paris attackers

November 24, 2015

The United States yesterday issued a worldwide alert for Americans planning to travel, citing the "increased terrorist threats". The State Department did not go as far as to advise people against travel, but said US citizens should be vigilant, especially in crowded places. "Current information suggests that (Islamic State), al-Qaeda, Boko Haram, and other terrorist groups continue to plan [...]
Chinese brokerage firm Guotai Junan International shares fall after chief executive Yin Fung goes missing

November 23, 2015

Shares in Guotai Junan International fell more than 17 per cent today at the Chinese brokerage firm after its boss mysteriously disappeared. Guotai Junan said it had been unable to get in contact with Yin Fung, chairman of the board, executive director and chief executive since Wednesday 18 November, in a statement to the Hong Kong Stock exchange today. [...]
Argos owner Home retail group share price jumps amid takeover talk

November 23, 2015

Shares in Home Retail Group shot to the top of the FTSE 250 today, amid speculation that the Argos owner is being circled by a number of private equity firms. Shares in Milton Keynes-based company, which also owns Homebase, jumped as much as seven per cent to 110.6p per share in early morning trading. However, Home Retail Group has still lost nearly half [...]
How innovation can return UK manufacturing compete with China and return to the global stage

November 23, 2015

Britain's manufacturing industry is suffering its worst decline in years, nevertheless this trend is far from terminal. There are many innovations being thought up in Britain that could help boost its performance internationally. Specifically, by encouraging collaboration amongst inventors and manufacturers in the UK, innovations can be developed on home soil, which would bring crucial [...]
Switerland’s Alternative Bank Schweiz world’s first bank to apply negative interest rates to savers and charge them for deposits

November 23, 2015

A small Swiss bank has caused a stir, after becoming the world's first financial institution to apply negative interest rates to individual clients. While a number central banks around the world have taken benchmark interest rates below the zero mark, individual savers had been shielded from this, meaning they weren't charged to keep cash in [...]
How low can oil prices go? Here’s what the industry thinks

November 23, 2015

Venezuelan oil minister Eulogio del Pino yesterday warned that the Organisation of the Petroleum Exporting Countries (Opec) cannot allow an oil price war, and urged it to take action to stabilise the crude market soon. In response to the question of how low oil prices could go next year if Opec fails to take action, del Pino said "mid-20s". With the future direction of [...]
Plus500 share price falls after Playtech walks away from £460m having failed to get approval from the Financial Conduct Authority

November 23, 2015

Gambling software company Playtech today announced that it's walking away from a £460m deal for spreadbetter Plus500, after failing to get approval from Britain's financial watchdog. Plus500 collapsed in value earlier this year when the FCA froze its accounts and forced it to stop taking new customers after ruling that its anti-money laundering procedures were not up [...]
US oil tumbles more than two per cent as oversupply fears deepen while copper hits fresh six-and-a-half year low

November 23, 2015

The rout in global commodity prices deepened this morning as US oil and copper slipped into the red. US crude oil futures tumbled more than two per cent in early Asian trading, as oversupply fears deepened. US crude's West Texas Intermediate January contract fell 1.86 per cent to $41.12 a barrel, while benchmark front-month Brent futures for [...]
Black Friday 2015 UK: What is Civilised Saturday?

November 21, 2015

Last year, US import Black Friday bought chaos to Britain’s high streets. Frenzied shoppers hurled themselves into stacks of discount goods, brawls broke out and arrests were made as shop aisles descended into their own kind of hellscape. This year, independent book stores across the UK will take on the seemingly insurmountable task of bringing [...]
Glencore turns to Libyan oil to shore up balance sheet

November 21, 2015

Glencore has clinched a deal to buy around half of the oil Libya is currently exporting, as part of the mining and commodities trader's bid to turn its fortunes around. The arrangement with Libya's state-run National Oil Corporation has been running since September, market sources told Reuters. It leaves Glencore responsible for loaning and finding buyers for crude [...]

UK police rap Fifa chief Infantino for Davos joke about British fans’ arrests

Judge awards McLaren F1 team over $12m in Alex Palou trial

This Soho pub is putting on a ‘problematic’ show about a drunkard

By: Jessica Morris

All 2633 Articles

Subscribe