London Metal Exchange says it has no plans to shut out Russian metals March 22, 2022 The London Metal Exchange said it has no plans to block trading metals from Russian producers despite pressure to clampdown.
Oil rally stalls as EU remains split on sanctions March 22, 2022 Oil prices stumbled today as the prospect of an EU embargo on Russian oil faded - while the dollar also strengthened in the US.
Bosses at UK arm of Russian energy giant Gazprom seek to buy it out as insolvency looms March 22, 2022 Bosses at the UK arm of Russian energy giant Gazprom have made a bid to buy it out, as sanctions against its parent company threaten to make it insolvent. Manchester-based Gazprom Energy, which supplies more than a fifth of gas used by UK companies, has been left just days from needing a government bailout through [...]
Households turn to solar panels and smart meters to tackle rising energy bills March 22, 2022 Solar panels and smart meters have gained traction with households hoping to cut energy bills, according to search data from eBay UK.
M&A Deals in Turkey & the Middle East: Increasingly Digital March 22, 2022 | City Talk How is increased digitization impacting M&A in the Middle East and Turkey? Some experts in the region recently met to discuss this issue. And it appears that tech is on the up, in terms of deals and dealmaking, along with general optimism for M&A there. A strong M&A market Last year, MENA M&A activity reached [...]
Cotton and wheat prices rebound as fears of supply shortages mount March 22, 2022 Cotton price soared to 131.7 cents per pound yesterday - its highest level since June 2011, with robust demand from China.
1 Minute Market Rundown – 22nd March 2022 March 22, 2022 | City Talk Russia – UkraineYields in focusPowell doubles down on hawkish stanceCrypto finds support You would have been forgiven for thinking central banks had reached peak hawkishness with a war ongoing in Europe. Jerome Powell has decided to make a laughing stock of us all. In a speech yesterday, Powell doubled down and completed a quite incredible [...]
What are the top FTSE 100 stocks to keep an eye on as the index begins to recover? March 22, 2022 | City Talk Two years ago today, the FTSE 100 index closed at 5,190 points, after its 32% covid-19 pandemic-induced crash since 17 January 2020. But even as the Russia-Ukraine war rages, the UK’s premier index is back to 7,405 points, only slightly down from its 7,611 February high. And with oil, inflation, and interest rates rising, value investors are now [...]
UK markets: ‘Penny is dropping’ there will be no immediate ceasefire in Ukraine while focus shifts to Sunak’s ‘double whammy’ March 22, 2022 European markets underwent a subdued start to the week yesterday, with the FTSE100 outperforming on the back of another day of advances for crude oil prices, pushing the index to close at its highest level since 28 February. “The main reason for the move higher in oil prices was reports that the EU was considering [...]
Gas prices volatile amid geopolitical uncertainty March 21, 2022 Natural gas prices have dropped heavily from historic peaks, but remain volatile and elevated amid sustained geopolitical tensions.
