Brent crude oil price just fell to its lowest in four years after Saudi Arabia slashed contract price for US

first_img Share The price of Brent crude oil dropped to a four year low today, after Saudi Arabia unexpectedly cut its contract price for customers in the US.  As the world’s largest exporter of the commodity, Saudi Arabia’s move represents an intensification of the battle between countries to gain control over global energy markets.  It was Saudi Aramco – the world’s largest state-owned oil company by production and reserves – that implemented the cut. In London, mid-morning trading value fell 2.5 per cent to $82.6 per barrel, mainly because of the price slash but also because of investor concerns over the European Commission’s reduction in growth forecasts for the single currency zone.  In the US, crude futures are currently priced at around $76 per barrel – the low value is likely to squeeze the profitability of shale gas prodducers in the country. “Apparently Saudi Arabia is now concentrating more on defending its market shares on the US market, which could pose a problem in particular for Canada, Mexico and Venezuela (other leading suppliers of oil to the US) and for US shale oil producers,” Commerzbank said in a statement.  Tags: Oil prices whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Show Comments ▼ Tuesday 4 November 2014 12:53 pmcenter_img Sarah Spickernell by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunElvenar#StayAtHome and Play this Fantasy Game. No Install.ElvenarBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure Solution whatsapp Brent crude oil price just fell to its lowest in four years after Saudi Arabia slashed contract price for US last_img read more

Is fruit juice bad for you? Forget the breakfast OJ – many juices contain so much sugar they are a health hazard

first_img Share Show Comments ▼ whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Tuesday 11 November 2014 5:17 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailPost FunGreat Songs That Artists Are Now Embarrassed OfPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirrorcenter_img Sarah Spickernell whatsapp Is fruit juice bad for you? Forget the breakfast OJ – many juices contain so much sugar they are a health hazard If you think drinking a glass of orange juice in the morning will get you out of eating vegetables later in the day, think again. The level of added sugar present in most fruit juices is so high that it exceeds recommended limits, making the health costs greater than health benefits, according to campaigners. Official advice currently says a 150ml glass of unsweetened fruit juice counts towards your five a day, but excessive amounts of juice or added sugars counteract this. A smoothie containing pulped fruits and vegetables, for example, could include more than one five-a-day portion, but if too many fruits have been used or if they are blended to release too much sugar, it could cause damage to your teeth and contribute to weight gain. The majority of cartoned juice available in supermarkets is sweetened, and according to the campaign croup Action on Sugar they often contain at least six teaspoons to sugar – more than is present in cola.  When considering that the UK population already has trouble keeping sugar additives under the recommended level, drinking sweetened fruit juices only adds to this problem. “Fruit juice is a useful contribution towards our five a day, however, because the process of juicing releases sugars from the fruit we recommend that you try to limit your fruit juice to 150ml a day, including that from smoothies and only consume these and other sugary drinks with meals to reduce the risk of tooth decay,” Public Health England’s Alison Tedstone said in response to the claim. World Health Organisation guidelines say added sugars shouldn’t count for more than ten per cent of the energy we get from food and drink each day, yet the latest data available from the National Diet and Nutrition Survey suggests that people of every age group exceed this, including the majority of working adults aged 19-64.  Tags: NULLlast_img read more

BlackBerry offering to pay $550 to iPhone owners who switch

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Crazy Rich Asians’ Director Wishes He Made South Asian Roles ‘More Human’The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap BLACKBERRY has taken an unusual step to push its new Passport smartphone into people’s hands, by paying them to swap their iPhone for it.In the US and Canada, BlackBerry is offering customers up to $550 (£348) to trade any iPhone since 2011 for the business-orientated Passport.The offer to pay people to take its phones may seem like the actions of a desperate company, but BlackBerry is well along on the recovery trail under new chief executive John Chen. In September the company reported a dramatic narrowing in its losses from $965m to $207m for the three months ending 30 August.Under Chen, the mobile phone company has dramatically restructured to remould itself to focus more specifically on the business market.BlackBerry says that the Passport, which was released in September, was designed specifically to focus on this market and for “productivity-driven business professionals”. Tags: BlackBerry whatsapp Oliver Smith Share whatsapp BlackBerry offering to pay $550 to iPhone owners who switch Show Comments ▼ Wednesday 26 November 2014 8:20 pmlast_img read more

Asia and North America fuels profits at SSP

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Crazy Rich Asians’ Director Wishes He Made South Asian Roles ‘More Human’The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapp Asia and North America fuels profits at SSP TRAVEL catering giant SSP delivered a strong jump in profits in its maiden full-year results since floating this summer, fuelled by growth across its businesses in North America and Asia Pacific. The group, which runs travel concessions for retailers such as Marks & Spencer, said underlying pre-tax profits, which exclude IPO costs, rose 61.4 per cent to £61.8m in the year to 30 September on sales up four per cent at constant currencies to £1.8bn.Chief executive Kate Swann said its growing presence in US and in Asia Pacific – particularly in China where it had won contracts to open restaurants at Beijing Inter­national Airport – had helped to offset tougher conditions in other markets like Egypt.“In Egypt last year, particularly in the first half because of the political instability, we did see huge drop off in passenger numbers, and we are seeing a bit of that now in Thailand with martial law and in Hong Kong with the protests,” she told City A.M.“But we are a very globally spread business, so generally we ride that really well because those people travelling in Egypt will go to Spain, so we will pick up business there,” Swann added.Rest of world sales, including China and Egypt, increased by 11.2 per cent on a constant currency basis, while North America sales were up 19.8 per cent.SSP said weak consumer spend­ing in Germany and France slowed growth in European sales to 1.7 per cent while in the UK – its largest market – sales edged up 1.9 per cent.Shares rose four per cent last night to 255p, 45p above its initial offer price and valuing the company at £1.2bn. Thursday 27 November 2014 9:07 pm Share Kasmira Jefford whatsapp Show Comments ▼ Tags: Company SSP Grouplast_img read more

Nicola Horlick: What effects will the fall of oil prices actually have?

first_imgThe precipitous fall in the oil price has resulted in sharp declines in share prices around the world, but the long-term effect of a lower oil price is to reduce the amount of cash in the pockets of oil producers and increase the amount available to consumers to spend.  Overall, this is positive for markets and this will ultimately be reflected in share prices.   Of course, some indices have a greater reliance on resources stocks than others. Some 25 per cent of the FTSE 100 is resource-related, which is why the UK market has been hit particularly hard.   In addition, the UK has a high tax on petrol and so the effect of lower crude prices will not benefit consumers to the same extent as in the US.  Indeed, it is estimated that the annualised benefit to the average motorist in the US from the recent decline in crude prices is $800, the equivalent of a two per cent pay increase. The big question commentators are focusing on now is whether there has been a step change in oil prices.   The current fall in prices has been brought about by two key factors: the weakening Chinese economy and increased levels of oil production in the US, resulting from the use of new technologies (hydraulic fracturing and horizontal drilling).  These two factors have led the International Energy Agency (IEA) to revise its forecasts for 2015: it is now predicting demand for oil will fall by 900,000 barrels per day next year as against its previous estimate of a rise in demand of 1.1bn barrels per day.   At the same time, US production is expected to increase by 685,000 barrels.  This suggests the oil price may have further to fall.  Activity in the futures markets also suggests a bounce is some way off and US oil was trading at just over $57 per barrel on Friday, a fall of 11 per cent this week alone. The response of Opec to this latest oil price crisis has been extremely interesting.  Normally it would have been expected to reduce production in response to price weakness, but at its November meeting it was decided to leave production at current levels.   The head of Opec, Abdullah al-Badri, said its decision was not aimed at any other oil producers.   “Some people say this decision was directed at the United States and shale oil.  All of this is incorrect.  Some also say this was directed at Iran and Russia.  This is also incorrect,” he said.   One cannot help thinking, however, that the decision was firmly aimed at US shale producers. The Economist estimates 15 per cent of US shale producers will lose money if prices remain below $60 per barrel for any length of time and many of those producers are highly leveraged.  This also has implications for the banks that have lent to shale producers and the exact scale of their exposure is unclear. Rapid Chinese growth over the last 15 years has undoubtedly inflated the price of all commodities, including oil.  Andy Xie, a well-respected economist, argues China has been through a fifteen- year super cycle of industrialisation and that growth will now normalize, which will have a long-term impact on oil prices.   He recently said during an interview with CNBC: “When China goes into a normal situation, I think that the oil price will become normal too, so $60 would be the normal price for the next five years or so.”   A knock-on effect of oil price weakness is usually US dollar strength. We have begun to see a strengthening of the dollar over the last few months.  In the 1970s oil crisis, the dollar rose 50 per cent against sterling.  In the 1980s, it rose 40 per cent against a basket of currencies when the oil price was weak and the same was true in the latter half of the 1990s. Recently, the dollar has been affected by quantitative easing (QE), but that has now come to an end and the dollar is in demand again.   This rise is further supported by better than expected US GDP growth.  In the third quarter, the US economy grew at an annualized rate of four per cent and it is the only economy growing faster than expectations among the G10 nations.  It is estimated that lower oil prices have added over 0.5 per cent to GDP growth in the US.  Higher rates of growth mean interest rate rises are in prospect, which will further bolster the US dollar.   Overall, lower oil prices are a good thing for the global economy and under normal circumstances, stock prices should have risen.  However, in the short term, the market has focused on marking down oil and commodity companies and there has been a panic surrounding slower Chinese growth.   There is also the added problem that stock prices looked generally high prior to the decline in oil prices as QE led to higher valuations as liquidity found its way into stock markets.  But the fact is that the recent fall in the oil price has taken $1.3 trillion (£827bn) from oil producers and put it into the hands of consumers. This has to be positive news.   Share Nicola Horlick: What effects will the fall of oil prices actually have? Tags: Oil prices More From Our Partners ‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Wednesday 17 December 2014 9:15 am whatsappcenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsThis game will keep you up all night!Hero WarsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorElvenarIf You Need to Kill Time on Your Computer, this Fantasy Game is a Must-Have. No Install.Elvenar Emma Haslett Show Comments ▼last_img read more

Mining meltdown: Antofagasta, Glencore and Anglo American share prices plummet amid copper selloff

first_imgWednesday 14 January 2015 5:23 am Emma Haslett Tags: Anglo American Antofagasta Holdings Company Glencore Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoHero WarsAdvertisement This game will keep you up all night!Hero WarsUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorUndoBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUndoUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementUndoThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef PickUndocenter_img Miners led the FTSE 100’s biggest fallers in morning trading after a sudden collapse in copper prices knocked oil off the top of the commodities watch list.The metal plunged by more than six per cent after the World Bank slashed its global growth forecast for 2015. Antofagasta was the biggest faller, with shares dropping more than nine per cent to 644p in mid-morning trading, while Glencore also fell nine per cent to 244p and Anglo American dropped 8.2 per cent to 1,051p.BHP Billiton also dropped, by 5.5 per cent to 1,281p, while Fresnillo fell five per cent to 789p and Rio Tinto tumbled 4.7 per cent to 2,782p.In a statement released overnight, the World Bank warned the US alone cannot drive global recovery, cutting its forecast for world economic growth for this year to three per cent, from 3.4 per cent in June. It also cut its forecast for next year, from 3.5 per cent to 3.3 per cent. It also slashed its forecast for Eurozone growth in 2015 to an anaemic 1.1 per cent, rising to 1.6 per cent in 2016. The organisation added that oil prices, which have plummeted more than 57 per cent since June, are likely to “lower inflation worldwide and [are] likely to delay interest rate hikes in rich countries”. Show Comments ▼ whatsapp Mining meltdown: Antofagasta, Glencore and Anglo American share prices plummet amid copper selloff last_img read more

HSBC boss Stuart Gulliver memo: “Sometimes we failed to live up to standards expected by society”

first_img Emma Haslett Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comAll Things Auto | Search AdsMost Affordable Camper VansAll Things Auto | Search AdsSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsAirmotoAmazing Air Pump Every Car Needs (It’s Genius)AirmotoNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyNational Penny For Seniors7 Discounts Seniors Only Get When They KnowNational Penny For SeniorsLivestlyThe Best Redhead Actresses, RankedLivestly HSBC boss Stuart Gulliver has admitted in a memo to the bank’s staff that it failed to live up to expectations, after it was accused of helping thousands of customers of its Swiss private banking arm to evade tax.Reuters reported today that the memo also indicated he had been called to give evidence to “lawmakers”. Chairman Douglas Flint has already confirmed  his appearance before the Treasury Select Committee on 25 February.  However, in his note Gulliver pointed to efforts made to change how the bank works.I share your furstration that the media focus on historical events makes it harder for people to see the efforts we have made to put things right.But we must acknowledge we sometimes failed to live up to the standards the societies we serve rightly expected from us. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com whatsapp whatsappcenter_img Show Comments ▼ Friday 13 February 2015 11:50 am Tags: Company HSBC Holdings HSBC boss Stuart Gulliver memo: “Sometimes we failed to live up to standards expected by society” last_img read more

Boutiques bound for borough market

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesDiscovery29+ Fascinating U.S. Navy WarshipsDiscoveryMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday News Boutiques bound for borough market Share whatsapp Show Comments ▼ Tags: NULL whatsappcenter_img Express KCS Monday 16 February 2015 8:50 pm More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com VINOPOLIS, the wine restaurant and venue by London Bridge and Borough Market, will be replaced by a collection of boutique shops when it closes in spring 2016. The property fund that bought the two acre site will build a retail development in a £300m plan, due by 2018. last_img read more

Shell crosses first hurdle in its controversial Arctic drilling plans

first_imgSHELL’s controversial plans to drill for oil in the Arctic moved one step closer yesterday, when the US Interior Department upheld a 2008 lease sale in the sea off Alaska. The ruling means Shell could soon return to oil and gas exploration in the Arctic since it suffered mishaps in the region in 2012.“The Arctic is an important component of the [Obama] admin­istration’s national energy strategy, and we remain committed to taking a thoughtful and balanced approach to oil and gas leasing and exploration offshore Alaska,” said Interior Secretary Sally Jewell. Now the Bureau of Ocean Energy Management will survey the impact on the environment of Shell’s plan.Shell lost control of a massive oil rig, the Kulluk, in 2012, which then ran aground. But in anticipation of returning to the region, Shell has already moved rigs to Alaska.Many environmentalists oppose offshore Arctic drilling, saying any oil spill would be impossible to fix. Shell crosses first hurdle in its controversial Arctic drilling plans Wednesday 1 April 2015 8:56 pm Tags: NULL Express KCS whatsapp Share Show Comments ▼ whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Prooflast_img read more

European markets shrug off Greece fears

first_img More From Our Partners Institutional Investors Turn To Options to Bet Against AMCvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com Monday 20 April 2015 4:40 am Emma Haslett whatsapp whatsapp European markets started the day stronger, shaking off worries over Greece’s ability to negotiate with its lenders.  The FTSE 100 rose one per cent in early trading, while Germany’s Dax jumped 1.18 per cent and France’s Cac rose 0.9 per cent. The gains followed an announcement overnight by China’s central bank that it will cut the amount local banks are required to hold in reserve – the second such cut in as many months. Meanwhile, Brent Crude built on last week’s gains, jumping 0.52 per cent to $63.78 per barrel.  But despite the positive signs from the east, things closer to home looked less encouraging. This week all eyes will be on negotiations between Greece and its lenders, as the country approaches a punishing programme of repayments to the IMF, beginning in May. Today it was due to pay the European Central Bank (ECB) €79.8m (£56.8m), while its leaders are set to return to the negotiating table on Friday.  Bondholders continued to offload the country’s debt this morning, sending yield on three-year notes close to 27 per cent, an all-time high. Over the weekend ECB chief Mario Draghi urged the Greek government to take reforms more seriously. “More work, much more work is needed now and it’s urgent,” he said. “We all want Greece to succeed. The answer is in the hands of the Greek government.” However, Spreadex financial analyst Connor Campbell worried it may be too little, too late. “Hopes look like they will have to stretch beyond Friday’s Eurogroup meeting, with sentiment in the region largely suggesting that there will be little in the way of formalised action by the end of the week.  “Regardless, the tone is less doom-laden this Monday morning, and has allowed the Eurozone indices to escape from under the dark clouds that were covering the markets last Friday to post gains after the bell.” European markets shrug off Greece fears Share Show Comments ▼ Tags: Greek debt crisislast_img read more