Shell's £47bn takeover offer for BG Group not only sent shares in the natural gas outfit soaring on Wednesday, but gave other stocks in the sector a big boost. The deal sparked speculation that it may mark the start of a new round of industry consolidation, not seen since the late 1990s, as business
Read moreA takeover offer for BG Group and hopes for more M&A activity were giving UK stocks a big lift on Wednesday morning, with the FTSE 100 retesting the key 7,000 level. BG Group had soared by nearly 40% in early deals after oil major Shell offered £47bn in cash and shares for the natural gas outfit, sp
Read more** European oil and gas stocks hit 2015 high as the sector is biggest outperformer following Shell's $70 bln deal to buy BG Group ** Stoxx 600 Oil & Gas up 6 pct and poised for best day in more than 6 years ** Sector dominates proceedings across region as oil-related stocks top the St
Read more** Oil-related stocks strong across the board after oil prices jumped more than 5 pct Monday ** Oil-price rise came as traders reassessed how quickly Iran might increase exports after a preliminary nuclear deal & anticipated that a months-long rise in U.S. crude inventories may be slowingRead more
Fashion firm Supergroup topped the risers after saying it would begin paying dividends with an interim payout in its 2015-16 financial year. Chief executive Euan Sutherland also revealed a surprise repurchase of it North American rights. Energy stocks were trading higher as oil prices spiked, includ
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