(Repeats JAN 7 story, no change to text) * Shell CFO, CEO hold talks with investors - sources * CFO sees oil recovering to avg above $60/barrel-sources * Investors expected to back BG deal despite downturn * CFO says credit rating could be hit by deal - sources By Ro
Read more* Shell CFO, CEO hold talks with investors - sources * CFO sees oil recovering to avg above $60/barrel-sources * Investors expected to back BG deal despite downturn * CFO says credit rating could be hit by deal - sources By Ron Bousso and Emiliano Mellino LONDON, Ja
Read more(ShareCast News) - The FTSE 100 continued to fall on Thursday, down 156.34 points (2.57%) to 5,917.04 by mid-afternoon. Miners again dragged the market down amid growing concerns about China, one of the world's largest commodities consumers, after the country had its shortest trading day in history.
Read moreLONDON, Jan 7 (Reuters) - UK mining and energy shares indexes slumped to their lowest level in more than 11 years on Thursday, with a sharp decline in prices of major industrial metals and crude oil on China-related concerns promoting investors to dump shares. China, a major consumer of com
Read more(Adds quotes, details on other heavy crudes) By Nia Williams CALGARY, Alberta, Jan 6 (Reuters) - Benchmark Canadian heavy crude prices crashed below $20 a barrel on Wednesday, the lowest in at least a decade, piling more woe on one of the world's highest-cost oil patches and driving m
Read moreLONDON, Jan 4 (Reuters) - Britain's oil and gas output rose in 2015 for the first time since the turn of the millennium, industry body Oil & Gas UK said on Monday, reversing a declining trend but coming as oil prices are trading at a seven-year low. The industry group, which represents oil
Read more(ShareCast News) - If competition in the UK supermarket sector was not hot enough, the Big Four grocers will be sweating even more heavily at plans of German retail invader Aldi to open a record 80 new stores in 2016, 23 per cent more than last year. With fellow discounter Lidl planning 50 openings
Read moreDec 31 (Reuters) - Russian Urals crude price differentials weakened in the Mediterranean and the Baltic due to ample supplies, traders said on Thursday. In the Platts window, Litasco sold to Shell a 80,000 tonne cargo in the Mediterranean loading on Jan. 18-22 at a discount of $1.45 a barre
Read more(ShareCast News) - Royal Dutch Shell has begun production at the Corrib gas field, which is located 83 kilometres off Ireland's northwest coast, almost 20 years after the reserves were discovered. The field lies around 3,000 metres below the seabed and at peak production, is expected to produce arou
Read more(ShareCast News) - A review of Britain's banking culture has been ditched by the UK's financial watchdog only months after its launch, in the latest sign that the years of "banker bashing" are coming to an end. The Financial Conduct Authority has abandoned its assessment of culture at retail and who
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