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Sept 2 (Reuters) - UK stocks closed higher on Friday but fears around surging inflation, a looming recession and the policy direction under a new prime minister set to be announced on Monday drove weekly losses for the main indexes.
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(Alliance News) - Stocks on both sides of the Atlantic were given a much needed boost on Friday afternoon, with the FTSE 100 adding nearly 2% following as a well-received US jobs report overcame a disappointing day for UK housebuilders.
Read more(Alliance News) - Stocks in London snapped the week's losing streak on Friday ahead of a key US jobs release in the afternoon.
Read moreCERNOBBIO, Italy, Sept 2 (Reuters) - Talks have begun among shareholders in the Trans-Adriatic pipeline (TAP) to expand its capacity, Azerbaijan's President Ilham Aliyev said on Friday, saying quick progress was necessary for his country to be able to boost gas exports to Europe.
Read more(Alliance News) - There was some respite for European stocks early Friday at the end of a tough week, plagued by worries over higher-for-longer interest rates and the prospect of recession.
Read moreOSLO, Sept 2 (Reuters) - Equinor has completed its exit from Russia, the Norwegian energy group said on Friday, delivering on a promise made after Russia's invasion of Ukraine in February.
Read moreDAKAR, Sept 1 (Reuters) - The second phase of Senegal's Greater Tortue Ahmeyim (GTA) gas project will need investments worth around $5 billion, Senegal's President Macky Sall said at a conference on Thursday.
Read moreDAKAR, Sept 1 (Reuters) - The Floating Production Storage and Offloading (FPSO) vessel for Senegal's Greater Tortue Ahmeyim (GTA) gas project is expected to sail from China to the site by the end of the year, BP Executive Vice-President for Production and Operations Gordon Birrell said at a conference in Senegal on Thursday.
Read moreDAKAR, Sept 1 (Reuters) - The Floating Production Storage and Offloading (FPSO) vessel for Senegal's Greater Tortue Ahmeyim (GTA) gas project is expected to sail from China to the site by the end of the year, BP Executive Vice-President for Production and Operations Gordon Birrell said at a conference in Senegal on Thursday.
Read more(Alliance News) - Energy firms were struggling in London on Wednesday as oil prices came under pressure, sending the FTSE 100 lower.
Read more(Alliance News) - European stock markets turned decisively lower on Wednesday after inflation in the eurozone accelerated by more-than-expected, raising expectations for further aggressive interest rate hikes by central banks.
Read moreAug 31 (Reuters) - Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Canada's Atlantic coast.
Read more(Alliance News) - Stocks in London reopened from a long weekend in a buoyant mood, dodging start-of-week losses as higher oil prices supported the FTSE 100's heavyweight energy majors.
Read moreAug 26 (Reuters) - UK stock indexes fell on Friday to log their biggest weekly decline since mid-June as concern mounted about a cost-of-living crisis and Federal Reserve Chair Jerome Powell said the U.S. central bank will raise rates further to try to tame inflation.
Read moreLONDON, Aug 25 (Reuters) - Centrica-owned British Gas said it would increase support for customers ahead of a rise in a price cap on default tariffs by contributing 12 million pounds ($14 million) of its 98 million first-half pre-tax profit to an energy support fund.
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