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Front month Brent futures are now edging higher following a large bounce in the previous session, mimicking price movements in the other main asset classes following Wednesday spasm, which sent US, UK and German longer-term bond yields to record lows. That synchronised selling in sovereign debt mark
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 moreIn spite of an initial 'dead cat bounce' in early deals, London's FTSE 100 tanked again on Thursday morning with the index sinking to levels not seen since June 2013 The UK benchmark index was down 1.8% at 6,099 by lunchtime, having earlier touched a high of 6,282.95, with banking shares sinking sha
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(Adds background, detail, UK fund manager) SYDNEY, Oct 16 (Reuters) - Mining giant BHP Billiton , hoping to appease disgruntled investors, confirmed on Thursday that it would list a planned spin-off company in London next year, as well as in Australia and South Africa. BHP, the world
Read moreSYDNEY, Oct 16 (Reuters) - BHP Billiton said on Thursday it would list a proposed spin-off company comprised of unwanted businesses on the London Stock Exchange as well as in Australia, responding to pressure from some investors. BHP, the world's biggest mining company, announced in Augus
Read more* S.Africa could produce 300,000 bpd of oil - Zuma * President admits "significant uncertainty" over reserves * France's Total started first deep-water well in July (Adds geologist, paragraph 8) By Ed Cropley JOHANNESBURG, Oct 15 (Reuters) - South African President Jacob
Read moreDUBAI, Oct 14 (Reuters) - The United Arab Emirates has asked bidders for its biggest onshore oilfields to extend their offers by two months until Dec. 31, sources familiar with the matter said, as the country considers bringing in Asian firms after decades-long partnerships with western majors.<
Read more(Adds details, second quarter, background) MOSCOW, Oct 14 (Reuters) - Russian gas producer Gazprom said on Tuesday its second quarter net profit was up 13 percent to 227.6 billion roubles ($5.6 billion) boosted by foreign exchange gains but still short of analysts expectations. A Reu
Read more(Adds details, background) By Raushan Nurshayeva ASTANA, Oct 10 (Reuters) - Kashagan, the world's most expensive oil project, will have to spend another up to $3.6 billion to replace leaking oil and gas pipelines, which also could delay the restart of production, the Kazakh energy min
Read more(Adds Shell comment) COPENHAGEN, Oct 9 (Reuters) - Denmark's Lego has said it would not renew a branding contract with oil major Royal Dutch Shell in the wake of comments from environmental lobby Greenpeace saying the toymaker had fallen in with "bad company". But in a statement issue
Read moreLondon shares ended Thursday on a low note as more economic gloom in Europe overshadowed hints of delays to US interest rate rises. The FTSE 100 closed 50.39 points adrift at 6431.85 after downbeat economic news in the UK and mainland Europe, which included a report showing that German exports in Au
Read moreCOPENHAGEN, Oct 9 (Reuters) - Denmark's Lego has said it would not renew a branding contract with oil major Royal Dutch Shell in the wake of comments from environmental lobby Greenpeace saying the toymaker had fallen in with "bad company". But in a statement issued late on Wednesday, Lego c
Read more* Raids carried out in two countries on Tuesday * Raids follow earlier inspections into oil products, biofuels (Adds Commission comments, reference to oil price investigation) By Philip Blenkinsop BRUSSELS, Oct 9 (Reuters) - The European Commission has raided ethanol companies
Read more* Seven oil majors ran annual cash deficit of $55 bln * Falling oil price to force new wave of asset sales * Asset sales close to $150 bln, some dividend yields top 6 pct * Repeat of M&A boom as response to low oil prices seen unlikely By Ron Bousso and Dmitry ZhdannikovRead more
Lego announced it will not renew its contract with Shell after Greenpeace used its toys in a parody video against the company's plans to drill oil in the Arctic. The video, which attracted 5.9m views so far, ends with the caption "Shell is polluting our kids' imaginations. Tell Lego to end its partn
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