Thursday, 27th November 2014

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News & Reports

Travel stocks soar in London as OPEC choses to maintain output target

Thu 27th Nov 14, 20:17:11

Oil stocks were the clear losers in London on Thursday after the Organization of Petroleum Exporting Countries (OPEC) chose not to cut production despite a global supply glut, sending crude prices to levels not seen since 2010.

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EU politicians vote in favour of Google split proposal

The European Union has shown its support for an investigation into the proposed break-up of internet giant Google. 4 hours ago

Net-A-Porter website crashes as it launches sale ahead of Black Friday

Luxury online fashion store Net-A-Porter crashed on Thursday as it launched its end of season sale ahead of Black Friday. 6 hours ago

London close: Crude futures plummet, but Footsie barely flinches

Somewhat unexpectedly, at Thursday's summit, in Vienna, the Organization of Petroleum Exporting Countries (OPEC) decided not to cut its current "official" level of production, in effect admitting that their power to influence the market is now diminished. 6 hours ago

London Capital Group chairman buys 1.2% stake

Charles-Henri Sabet, the executive chairman of London Capital Group (LCG), has shown his faith in the spread betting and CFDs company just two months after taking the role. 11 hours ago

Europe close: Stocks mostly higher after German data, Draghi stimulus remarks

European stocks were mostly higher as investors weighed German data and remarks on further stimulus measures in the Eurozone. 7 hours ago

FTSE 250 Movers: Transport surges, energy sector dips

Stagecoach saw shares surge after its 90%-owned joint venture with Virgin Rail won the contract from the Department for Transport to run the new InterCity East Coast franchise for eight years from March 2015. 9 hours ago

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