Author: JobBroker

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Oil prices scale $85/bbl on back of supply deficit

Oil prices scale $85/bbl on back of supply deficit

Oil prices hit a fresh three-year high on Friday, climbing above $85 a barrel on forecasts of a supply deficit over the next few months as rocketing g [...]
Exclusive-Evergrande’s $1.7 billion Hong Kong headquarters sale flops as buyer withdraws -sources

Exclusive-Evergrande’s $1.7 billion Hong Kong headquarters sale flops as buyer withdraws -sources

Chinese state-owned Yuexiu Property has pulled out of a proposed $1.7 billion deal to buy China Evergrande Group's Hong Kong headquarters building ove [...]
VW’s 9-month electric vehicle deliveries to China more than triple

VW’s 9-month electric vehicle deliveries to China more than triple

Volkswagen (DE:VOWG_p)'s deliveries of battery-powered electric vehicles to China more than tripled in the first nine months of the year, the carmaker [...]
Airlines higher as UK to relax more travel restrictions in time for half-term

Airlines higher as UK to relax more travel restrictions in time for half-term

The UK government has announced new rules that will allow travellers to take a cheaper lateral flow test rather than the more expensive PCR tests upo [...]
UK says billions already raised for “green revolution” ahead of investment summit

UK says billions already raised for “green revolution” ahead of investment summit

Britain's plan for a "green industrial revolution" has already attracted billions of pounds of investment, the government said on Thursday ahead of an [...]

UK update – Rio Tinto cuts iron ore shipment forecast, Pearson revenue up 10%

At 07:32BST, FTSE 100 Futures are trading higher by 0.3% at 7,208. In FX markets, GBP/USD is trading at 1.3681, EUR/GBP is trading at 0.8483. The U [...]

Euro zone trade surplus smaller than expected in Aug

The euro zone's unadjusted trade surplus was much smaller then expected in August as the bloc had to pay much more for imported energy, data showed on [...]
China Eases Mortgages for Rest of Year Amid Evergrande Contagion

China Eases Mortgages for Rest of Year Amid Evergrande Contagion

China is loosening restrictions on home loans at some of its largest banks, according to people familiar with the matter, adding to signs of growing c [...]
Equity, bond funds see inflows as markets hit rough patch – BOFA

Equity, bond funds see inflows as markets hit rough patch – BOFA

Investment flows into equities slowed while emerging market debt and equity funds saw the biggest redemption in ten weeks as concerns about surging in [...]
Sterling touches three-week high, boosted by BoE rate hike expectations

Sterling touches three-week high, boosted by BoE rate hike expectations

Sterling rose to a three-week high in early trading on Friday and was on track for its best week since August versus the dollar, boosted by rising exp [...]
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