Decent gains in the financial, energy and retail sectors helped the FTSE 100 rise strongly on Tuesday, despite some mixed blue-chip earnings and economic data from China. Also helping sentiment were reports that the European Central Bank is considering buying corporate bonds on the secondary market.
Read more** Buying and holding Total shares since the day Christophe de Margerie took over as CEO would have pocketed a 23.3 pct return, assuming dividends were re-invested. Chart: http://link.reuters.com/zyb33w ** de Margerie's reign covered the spike in crude oil to nearly $150/brl, the 2008 fina
Read moreAnyone hoping for a positive start to the week on the stock market following the recent volatility would have been disappointed on Monday as UK equities suffered more steep falls. London's FTSE 100 was trading 0.8% lower at 6,259 by midday with energy stocks leading the fallers as oil prices weakene
Read moreBAKU, Oct 17 (Reuters) - Oil-rich Azerbaijan has calculated next year's budget based on an oil price of $90 per barrel, down from $100 this year, and predicted a significant fall in the sector's contribution to gross domestic product. The draft 2015 budget approved by the government and sub
Read more(Adds background) LONDON, Oct 17 (Reuters) - BP will restart the Rhum gas field in the UK North Sea, half-owned by Iran's National Oil Company, four years after the field was shut down due to Western sanctions, a BP spokesman said on Friday. Production from the field, which supplied 4
Read moreLONDON, Oct 17 (Reuters) - BP will restart the Rhum gas field in the UK North Sea, half-owned by Iran's National Oil Company, four years after the field was shut down due to Western sanctions, a BP spokesman said on Friday. Production from the field, which supplied 4 percent to 5 percent of
Read moreUK stocks staged a partial recovery on Friday following a turnaround in sentiment on Wall Street, with oil producers leading the upside after a bounce in oil prices from their recent lows. The FTSE 100 was up 0.8% at 6,245 by midday. On the face of it, a 0.8% gain on the FTSE 100 would otherwise be
Read more(Adds details, background) MOSCOW, Oct 17 (Reuters) - Russia's Rosneft, the world's biggest listed oil producer by output, said on Friday the fall in oil prices was not critical for the company and it saw "no reason for concern". "The company's projects remain economically viable at p
Read moreUK stock markets recovered slightly on Friday morning as investors looked for bargains in the aftermath of recent volatility, which sent equities to a 16-month low the previous session London's FTSE 100 index was up 0.7% at 6,242 in early deals. Rolls-Royce and Travis Perkins were both trading in th
Read moreMOSCOW, Oct 17 (Reuters) - Russia's Rosneft, the world's biggest listed oil producer by output, said on Friday the fall in oil prices was not critical for the company and it saw "no reason for concern". "The company's projects remain economically viable at prices much lower than current lev
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