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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Greek debt crisis timeline:

February 16, 2015

interspersed with a continual slew of downgrades from international credit rating agencies. political instability, widespread protest, 23 April 2010: Greek prime-minister George Papandreou formally requests an international bailout from the European Union, the European Central Bank (ECB) and the IMF (IMF). 2 May 2010: Papandreou, the IMF, and euro-zone leaders agree to a €110 billion ($816 million) bailout package [...]
Financial Conduct Authority “working closely” with HSBC over tax allegations

February 16, 2015

The Financial Conduct Authority (FCA) is "working closely" with HSBC and other agencies to ensure current cultural practices fall in line with standards, following allegations that the bank helped its clients engage in tax avoidance. "This has served to reinforce the importance of firms operating with the right culture across all of their operations," the [...]
HSBC’s Indonesian subsidiary Bank Ekonomi to delist from the Indonesia Stock Exchange

February 16, 2015

HSBC plans to integrate Bank Ekonomi, the Indonesian bank it majority owns, with its main operations in the country due to the illiquidity of shares. Bank Ekonomi, in which HSBC has a 99 per cent stake, has said it will delist from the Indonesian Stock Exchange from the start of Tuesday trading. "Bank Ekonomi has requested [...]
Five reasons why the FTSE 100 is pushing towards a record high: Greek debt negotiations, Draghi’s “Bazooka” and a falling pound

February 16, 2015

The stock market is edging towards a record high, moving closer to the record of 6930 points it hit on 30 December 1999: or the year the euro was launched, Tracey Emin's "My Bed" went on show at the Tate, everyone fretted about the Millennium Bug and the dotcom bubble was busily inflating. So here's [...]
Hammerson pre-tax profit more than doubled last year due to revaluation gains

February 16, 2015

The figures Profit before tax at the property firm more than doubled from £341.2m a year earlier to £703.1m for the year ended 31 December 2014. Net asset value – an important indicator for developers which measures the value of the buildings they own – jumped 11.3 per cent to £6.38m. Net rental income – comprised of income from [...]
888 share price falls 18 per cent as bid talks with William Hill end

February 16, 2015

Shares in online bookmaker and casino 888 slumped today after it ended talks over a potential £750m takeover with competitor William Hill, as the betting firms came up against "significant" differences regarding value. "Due to a significant difference of opinion on value with a key stakeholder, it has not been possible to reach agreement on the [...]
Afren ends takeover talks with Seplat after unsatisfactory offer

February 13, 2015

Embattled oil producer Afren, which has been rocked by crumbling oil prices and corporate governance scandals, has ended talks with rival company Seplat after it failed to make an offer that's "satisfactory for all stakeholders". Seplat first made a play for Afren in December but it has since extended the deadline for it to make [...]
Grexit or happily ever after? Twitter’s gone berserk for #Greekvalentines poems

February 13, 2015

Nobody wants to deal with a messy break-up around Valentine's Day, but as talks between Greece and its international creditors drag on, things aren't looking very rosy. There are more talks scheduled for Monday, the final opportunity for Greece's new government to ask for a bailout extension – the current deadline for which is February [...]
Eight Songbird Estates board members fly the nest after successful bid by Qatar and Brookfield

February 13, 2015

Eight board members of Songbird Estates has flown the nest after a successful takeover bid by Qatar and Canadian investor Brookfield Property Partners. They will be replaced by three execs joining from one of its prospective majority owners. The board, led by independent chairman David Pritchard, resisted the takeover during a bitter three-month battle for the [...]
German gross domestic product roared ahead of France in 2014

February 13, 2015

German economic growth raced ahead of its counterpart France towards the end of last year, in another sign the euro area is increasingly becoming a "two-speed" region in terms of economic growth. German gross domestic product (GDP) surged 0.7 per cent in the fourth quarter of 2014, having expanded 0.1 per cent previously, its federal [...]

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

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