Energy Update
LONDON, Aug 18 (Reuters) - Premier Oil has saved
about $250 million thanks to the depreciation of the British
pound following the country's vote to leave the European Union,
its chief executive said.
LONDON, Aug 18 (Reuters) - European shares rose on Thursday
to break a losing streak this week, with gains in leading
financials and industrial stocks helping to lift the market.
LONDON, Aug 18 (Reuters) - European shares rose on Thursday
to break off from a losing streak suffered at the start of the
week, with gains in leading financials and industrial stocks
helping to lift the market.
YANGON, Aug 18 (Reuters) - China and Myanmar are set to sign
deals to build a strategic bridge near their border and two
hospitals in the Southeast Asian country, a Myanmar official
said on Thursday, as leader Aung San Suu Kyi meets high-level
officials in Beijing.
LAUNCESTON, Australia, Aug 18 (Reuters) - Asking whether the
world's major crude oil-exporting countries can reach a deal to
limit output is probably the wrong question. Asking whether it
matters if they do is more relevant.
MOSCOW, Aug 18 (Reuters) - The Russian government's shock
move to delay the sale of a stake in the Bashneft oil firm
reflects Kremlin unease before the elections and gives
Vladimir Putin's energy Tsar more time to raise money for a bid
by state company Rosneft.
AMSTERDAM, Aug 18 (Reuters) - Dutch offshore engineer
Boskalis reported a 36 percent fall in core earnings
in the first half but still beat analyst expectations for the
company, which has been hit by low oil prices and falling demand
in the global dredging market.
John Kingston on how an extreme policy approach of negative interest rates will have consequences, both intended and unintended, for markets, macroeconomic balances, investors, consumers, and policymakers.
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