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Share Price: 503.70
Bid: 503.80
Ask: 503.90
Change: -6.70 (-1.31%)
Spread: 0.10 (0.02%)
Open: 506.40
High: 515.30
Low: 499.60
Prev. Close: 510.40
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Wednesday newspaper round-up: BP challenged, UK wine industry, Eversholt...

Wed, 21st Jan 2015 06:25

Oil giant BP is being challenged to confront the risk that climate change may pose to its future in a shareholder resolution published on Wednesday, The Guardian wrote. Pension funds controlling hundreds of billions of pounds are among the 150 investors demanding the company tests whether its business model is compatible with the international community's pledge to limit global warming to two degrees celsius, the paper continued.British wine lovers are set to outspend their French counterparts as they develop a taste for more expensive bottles, according to the Financial Times. The newspaper said that although people drank less after the financial crisis, between 2008 and 2014, the value of the UK wine market rose 15% to $16.1bn.Another chunk of Britain has fallen into the hands of the Hong Kong billionaire Li Ka-shing with the £2.5bn sale of the Eversholt train-leasing company to the tycoon's Cheung Kong Infrastructure, reported The Times.Britain is "wide open to abuse" by "freeloading" European Union migrants who are exploiting the welfare state, the Foreign Secretary has said, according to The Telegraph. Philip Hammond said that the Government is "determined" to reform Britain's relationship with Brussels so that there is a "sufficient impact on migration numbers to satisfy the public", the paper printed.The long-delayed Chilcot report into why Britain went to war with Iraq will not be published until after the general election, the inquiry chairman is to confirm on Wednesday, according to The Mirror. Sir John Chilcot is expected to outline his reasons for the latest embarrassing postponement in an exchange of letters with David Cameron, the paper wrote.According to The Courier, finance secretary John Swinney will announce changes to the proposed new tax rates for buying a home in Scotland when the Budget is debated at Holyrood today.City A.M. said on Wednesday that the world's leading art business and auction house Christie's yesterday reported art sales of £5.1bn for the year ended December 2014, the highest such figure of any art company in the history of the market.The Telegraph reported that the treatment of whistleblowers by the NHS is "a stain on its reputation" which has destroyed livelihoods and caused "inexcusable pain" to health professionals, MPs have warned. The paper added that the Commons Health Select Committee said repeated failures to listen to staff who warned of risks to patients is jeopardising safety and deterring others from blowing the whistle.
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2 Apr 2024 15:22

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2 Apr 2024 11:00

Biden administration approves eighth US offshore wind project

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2 Apr 2024 09:09

LONDON MARKET OPEN: FTSE 100 up as oil majors and gold miners shine

(Alliance News) - Stock prices in London opened higher on Tuesday, in confident trade following the long Easter weekend, ahead of a UK manufacturing sector reading later in the morning.

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2 Apr 2024 08:55

European oil stocks gain on expectations for higher demand, supply concerns

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28 Mar 2024 10:00

How the oil industry is thriving despite Joe Biden's climate policies

GRAPHIC on Biden's oil boom: https://www.reuters.com/graphics/USA-BIDEN/OIL/lgpdngrgkpo/

By Nichola Groom, Jarrett Renshaw

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27 Mar 2024 20:59

New England offshore wind auction draws multiple bidders

March 27 (Reuters) -

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27 Mar 2024 12:47

Ithaca Energy gets bid rights on Eni's UK assets, profit slips

March 27 (Reuters) - Ithaca Energy has been given a four-week exclusivity period by Italy's Eni, to make an offer for UK exploration and production assets that could expand its output massively, the London-listed company said on Wednesday.

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27 Mar 2024 09:01

Big Oil's climate planning not good enough, investor group says

Climate Action 100+ assessed 10 top oil companies

*

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27 Mar 2024 08:31

Big Oil's climate planning not good enough, investor group says

Climate Action 100+ assessed 10 top oil companies

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25 Mar 2024 16:51

LONDON MARKET CLOSE: Renewed global tensions put pressure on stocks

(Alliance News) - Stock prices in London started the week in bad shape and closed lower on Monday, as investors sat on their hands amid rising global tensions.

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21 Mar 2024 15:00

UK dividends calendar - next 7 days

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19 Mar 2024 16:57

LONDON MARKET CLOSE: European large-caps rise on eve of Fed decision

(Alliance News) - Blue-chip stock prices in Europe closed higher on Tuesday, showing little signs of nerves ahead of Wednesday's Federal Reserve decision and UK inflation reading.

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19 Mar 2024 11:52

LONDON MARKET MIDDAY: European markets flat ahead of Fed and BoE

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18 Mar 2024 11:49

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15 Mar 2024 13:07

IN BRIEF: Costain wins place on GBP4 billion carbon capture project

Costain Group PLC - Maidenhead, Berkshire-based construction and engineering firm - Selected as one of nine specialist partners to deliver a carbon capture project beneath the North Sea off the east cost of England. The engineering, procurement, and construction contracts for the East Coast Cluster have a combined value of around GBP4 billion, Costain says. The contracts will be with Net Zero Teesside Power and the Northern Endurance Partnership. NZT Power is a electricity generating joint venture of the UK's BP PLC and Norway's Equinor. NEP is a joint venture of BP, Equinor and France's TotalEnergies SE that will provide CO2 transport and storage for the East Coast Cluster. Final investment decisions are expected in September or earlier, with the projects aiming for commercial operations from 2027.

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