Articles
Sempra Energy to buy Oncor in $18.8bn deal
Californian utility group Sempra Energy has agreed to buy Texas-based utility firm Oncor Electric Delivery in a $18.8bn deal.
Fortescue shares jump on dividend hike
Shares in Australian miner Fortescue Metals surged today after the company reported strong earnings driven by improving iron ore prices and cost cutting. Fortescue cheered shareholders by hiking its final dividend.
CMA gives green light for Heineken-Punch deal
The Competition and Markets Authority (CMA) ruled that Heineken´s offer to sell a number of pubs across 33 separate areas was enough to allay earlier concerns over the deal
Oil prices fall on higher US production figures
Oil prices could be set for another weak day of trading after higher US output figures appeared to outweigh positive sentiment related to falling US stockpiles.
Interested in derivatives? Try CFD trading
CFD trading online and via apps has brought derivatives to more investors. CFDs can be used to profit from upward or downward moves in assets and to hedge risk.
IMF warning for China: Reduce debt or face bigger problems
China´s policymakers are facing one of their most significant dilemmas of modern times. In its latest report on the world´s second largest economy, the IMF issued an emphatic warning over rising Chinese debt levels.
Wood Group and Amec Foster Wheeler come closer to sealing merger
Oil services company Wood Group and rival Amec Foster Wheeler were closer to completing their proposed merger after the UK´s competition authority gave a provisional thumbs-up to the deal.
Cereal prices plunge on stronger production forecasts
Cereal prices have plunged over recent weeks as investors have pared expectations for disappointing harvests. Wheat futures have fallen to 433 cents per bushel from 560 cents at the beginning of July.
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RWE gets nuclear tax refund boost
German utility RWE reported strong first half results and announced a special dividend. The company was boosted by a $1.9bn payment from the German government
Glencore shares slip despite profits jump
Glencore shares lost ground today after the company reported strong financial results but disappointed hopes of a share buyback or dividend increase.
Worldpay agrees £9.3bn merger with Vantiv
Online-payments group Worldpay has agreed the final terms to a merger with US rival Vantiv, creating a combined entity worth around £22bn.
US dollar pushes higher on strong jobs data
The US dollar edged higher today after an employment indicator substantially beat expectations, fuelling speculation that the Federal Reserve could hike interest rates at its September meeting.
Is oil investing safe as the price drops?
Oil investing has become a hit and miss affair, especially given the precipitous decline in oil prices over recent years. Should investors steer clear of oil altogether?
Iron ore futures rally on production cuts
Miners made strong gains today after iron ore prices hit four-month highs.
Eurovision: the Euro STOXX 50 beauty contest
The Euro Stoxx 50 Index is the most referenced of all the hundreds of indices covering the eurozone equities market. But what does it tell us about the eurozone market and how does a company qualify for inclusion?
Paysafe recommends £3bn private-equity offer
Online-payments group Paysafe is to be acquired by private-equity firms Blackstone and CV Capital Partners in a deal worth just under £3bn.
Randgold shares rise on strong results and upbeat guidance
Randgold shares were up 3% this morning after the company reported strong quarterly results and issued upbeat guidance.
Oil prices dip on rising US stockpiles and higher OPEC production
Oil prices have retreated after rising US stockpiles and elevated OPEC production hit sentiment.
ETFs move further ahead of hedge funds
Exchange-traded funds (ETFs) are seeing yet another step up in popularity as institutional investors seek out low-cost funds in favour of more expensive investment vehicles such as hedge funds.
S&P Dow Jones to ban multi-class share structures
S&P Dow Jones is to ban companies from issuing multi-class share structures across certain of its indices amid growing shareholder activism and worries over corporate governance.