Tuesday, 1st December 2015

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News & Reports

Anadarko Petroleum ordered to pay fine over 2010 Gulf of Mexico disaster

Tue 1st Dec 15, 17:26:44

Renae Dyer

(ShareCast News) - Anadarko Petroleum Corp has been ordered by a US court to pay a $159.5m civil fine due to its stake in the Deepwater Horizon oil rig which exploded causing 2010 Gulf of Mexico disaster.

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Excessive yuan weakness after SDR inclusion is capped, UBS says

(ShareCast News) - The decision by the International Monetary Fund to include the chinese yuan in the basket of currencies that make up its so-called 'special drawing rights' will not lead to immediate compulsory buying of the yuan nor to an immediate and significant depreciation, economists at UBS said. 2 hours ago

Commodities: Oil heads sideways, metals continue recovery

(ShareCast News) - Oil futures headed sideways on Tuesday, while most metal futures maintained upward momentum in European trading. 24 minutes ago

Bonds: Gilts jump ahead of ECB, US jobs report

(ShareCast News) - These were the movements in the most widely followed longer-term sovereign bond yields: 31 minutes ago

Oil and gas M&A uptick likely in 2016, says Fitch exec

(ShareCast News) - The pace of mergers and acquisitions in the oil and gas sector is likely to pick up towards the latter half of 2016, according to Alex Griffiths, Managing Director and Head of Natural Resources and Commodities (EMEA) at Fitch Ratings. 5 hours ago

Europe close: Stocks edge lower amid deluge of economic data

(ShareCast News) - European equity markets slid on Tuesday, as investors analysed a raft of economic reports amid growing expectations that the European Central Bank will announce additional stimulus measures on Thursday. 2 hours ago

London close: Equities close higher on rally in banking stocks

(ShareCast News) - The FTSE 100 closed up 39.56 points to 6,395.65, lifted by the banking sector after Britain's biggest lenders passed the Bank of England's stress tests. 2 hours ago

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