Oil markets rattled by fears of escalating conflict in Middle East October 15, 2023 Oil prices will begin trading tomorrow following a sharp surge in prices, with investors spooked by the prospect of protracted conflict in the Middle East.
Russia Olympic Committee ditched by IOC for including bodies from Ukraine as members October 12, 2023 The International Olympic Committee (IOC) has suspended the Russian Olympic Committee after they sought to include Ukrainian sports bodies in Donetsk. The ROC took the decision to include, as its members, “the regional sports organisations which are under the authority of the NOC of Ukraine (namely Donetsk, Kherson, Luhansk and Zaporizhzhia), the IOC said. The [...]
Oil prices slide as economic woes compete with geopolitical risks October 11, 2023 Oil markets have eased in today's trading with investors awaiting further price signals following worries over geopolitical risk.
Gas prices pare back gains as volatility fears rattle markets October 11, 2023 Gas prices have eased after yesterday's bumper rally which saw markets surge to their highest levels since June.
Exxon snaps up shale giant Pioneer in $60bn mega-deal October 11, 2023 Exxon agreed to buy rival Pioneer in an all-stock deal valued at $59.5bn that would make it the biggest producer in the largest US oilfield.
BAE Systems, Babcock shares rise as Israel-Palestine conflict continues October 10, 2023 The share prices of major British and European defence companies nudged higher today as the conflict between Israel and Hamas continued.
Net zero risks energy security, says OPEC, as cartel slashes oil output October 10, 2023 Climate action to reach net zero undermines investment in the oil sector and jeopardises global energy security, warned OPEC.
Gas prices soar as threat of more Aussie LNG strikes looms October 9, 2023 Gas prices have surged across Europe, amid the renewed threat of further strike action across major LNG production sites in Australia.
Citigroup to sell China consumer wealth business to HSBC October 9, 2023 Citigroup said on Monday it had agreed to sell its China consumer wealth portfolio, including clients, assets under management (AUM) and deposits, to Asia-focused HSBC Holdings Plc. The deal covers total deposits and investment AUMs of about $3.6 billion, and is expected to close in the first half of 2024. Financial details of the transaction [...]
Last orders: London sees highest number of pub closures out of any English region October 9, 2023 London has seen the highest number of pub closures out of any region in England, with a total of 46 haunts shuttering in the first half of the year, a new study has shown. Across the whole of the UK some 383 pubs were also permanently closed within the same period, according to new figures [...]