The FTSE 100 gained a 0.5% boost to 7,343.5 after a slate of positive results from the UK and US markets helped the FTSE 100 outperform European indices and US futures. “The FTSE 100 made some modest progress on Tuesday morning as earnings reports on both sides of the Atlantic turn from a trickle to […]

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The EU has said it will deny Russian demands for member states to pay for oil and gas from national energy company Gazprom in roubles. European commissioner for energy Kadri Simson commented that Moscow’s ultimatum to pay in Russian currency or forfeit the supply of Moscow’s energy exports had been rejected, following a meeting of […]

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The Dow Jones booked another session of impressive performance on Monday, but Tuesday’s winners were the European indices, displaying something of an unsubstantiated market rebound. Twittering Trump & Donald’s Dow Project POTUS Donald Trump offered his two cents on the performance of US stocks today – opting to blame the sluggish start on Powell’s unaccommodating […]

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Leaders of OPEC member states meet in Vienna on Monday to decide whether to extend the deal which places a cap on oil production volumes. The deal was struck in December 2018 and enforces a cut on oil production by 1.2 million barrels per day. Extending the production curb In the lead-up to the talks […]

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Tensions between Russia and Ukraine have been amplified with news that Russia had intercepted and seized three Ukrainian naval vessels on Sunday. The incident occurred as the two Ukrainian gunboats and one tug were intercepted – with the tug being rammed by a Russian boat – in the Kerch Strait, off to coast of Crimea […]

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The Russian government has agreed to sell its largest oil stake in Rosneft, in a bid to rescue its ailing economy. London-listed company Glencore and the Qatar Investment Authority (QIA) have agreed to acquire a 19.5 percent stake in the company for €10.5bn (£8.9bn). According to the deal, Glencore will supply €300 million in funding, […]

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