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Showing results 1-10 of 16,784
  1. 21 hours ago

    Markets begin month on cautious note

    ...markets, the euro was flat against the dollar at $1.3135 ahead of Thursday...sterling inched up 0.1 per cent versus the dollar to $1.6618. The data focus will...London to $6,942 a tonne, while Brent oil was down 36 cents at $102.83 a barrel... By Dave Shellock

  2. August 29, 2014

    Saying ‘Yes’ might be exciting but could be costly

    ...now Scotland is not in hock to the fluctuating price of oil (oil revenues make up a very small part of the UK’s GDP). Post separation...about it. The pound is down 2.5 per cent against the dollar in the last month. There could be all sorts of reasons... By Merryn Somerset Webb

  3. beyondbrics

    August 28, 2014

    Is Venezuela finally ready to sell Citgo?

    ...administration to block the sale. The oil-money dependent government...develop production projects in the oil-rich Orinoco Belt. It...need the money. They have huge dollar shortages at home. They have...longer. Much of Venezuela’s oil is used for heavily subsidised domestic... Andres Schipani and Arash Massoudi

  1. August 28, 2014

    Melrose gears up for sale of Elster meter unit

    ...revenues to £781m. It is particularly exposed to a soft US dollar and euro, which contributed roughly half of the foreign exchange...could, however, look to sell Bridon, which operates in the oil and gas and mining markets, next year if there were a mining... By Tanya Powley, Manufacturing Correspondent

  2. August 27, 2014

    Oil auction may end well for Shell, badly for Nigeria

    ...offer a Shell-led consortium top dollar for its onshore oil. Many locals have been helping...is developing a lively indigenous oil business. Shell’s phlegmatic...He suspended Mr Sanusi. Local oil companies such as Taleveras and... By Jonathan Guthrie

  3. August 27, 2014

    Shell-led group close to selling Nigeria oilfields for $5bn

    ...selling for close $500m. Domestic oil and gas companies have expanded...Nigeria’s 60-year-old oil industry. Industry executives...markets to raise long-term dollar financing through bonds and syndicated...using the proceeds to fund local oil companies. Shell, Total, Eni... By Anjli Raval and Javier Blas in London

  4. August 27, 2014

    Equities struggle to maintain momentum

    ...short squeeze, with euro/dollar shooting higher.” But he added...fortunes on Wednesday. The dollar index, a gauge of the US currency...1bp to 0.52 per cent. The dollar’s decline offered a modicum...s rise, the international oil benchmark looks set to record... By Dave Shellock

  5. beyondbrics

    August 26, 2014

    Venezuela's latest ruse to tackle shortages: fingerprint scanners in supermarkets

    ...the economy and head of PDVSA, the state oil group, said in an interview with...from its current 6.3 bolívares to the dollar to somewhere in a range of 20 to 30 bolívares...rate maintained at 50 bolívares to the dollar. That might help to bridge the gap in... Andres Schipani

  6. August 26, 2014

    Petrofac keeps full-year earnings guidance despite profits fall

    ...suffering a 44 per cent fall in interim profit. The FTSE 100 oil services group implied it would land more than three-quarters...he said. Among orders won during the period were billion dollar onshore contracts in Kuwait, Oman and Algeria. Petrofac also... By Michael Kavanagh

  7. August 26, 2014

    S&P 500 ends above 2,000 for first time

    ...was 1bp lower at 0.50 per cent. The dollar was up 0.1 per cent at a 13-month high...basket of currencies. In spite of the dollar’s continued strength, gold was up $7 at...London at $7,054 a tonne while Brent oil settled 15 cents lower at $102.50 a... By Dave Shellock

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