Search Results for: Total
OPEC’s El-Badri Says $200 Oil Possible With Lack of Spending
January 26th, 2015
OPEC’s secretary-general said oil prices as high as $200 a barrel are possible if producers fail to invest in new supply. Crude futures pared losses in London and New York. “If you don’t invest in oil and gas, you will see more ...
Radical Leftists Win Election In Greece – Future Of Eurozone In Serious Jeopardy
January 26th, 2015
Radical leftists have been catapulted to power in Greece, and that means that the European financial crisis has just entered a dangerous new phase. Syriza, which is actually an acronym for “Coalition of the Radical Left” in Greek, has ...
Saxo Bank Remains Well Capitalized Despite Losses
January 26th, 2015
In accordance with the terms and conditions of the Notes clause 16, the Issuer hereby submits the following notification to the Holders of the Notes. Further information on impact of the Swiss Franc move on 15 January, 2015: As ...
London Capital Group press release on shares purchased
January 23rd, 2015
The Company announces that Charles-Henri Sabet, Executive Chairman, today purchased 250,000 ordinary shares of 10p each in the Company (“Ordinary Shares”) at a price of 29.50 pence per Ordinary Share. Following this purchase, Charles-Henri Sabet holds 1,700,000 Ordinary Shares ...
Markets edge higher anticipating ECB stimulus plan
January 22nd, 2015
US stocks finished Wednesday’s volatile session with marginal gains as investors expect the European Central Bank to unveil the monetary stimulus program at its meeting on Thursday. Investor confidence was further boosted by rising oil prices. The market advance ...
London Capital Group – Conversion of Loan Notes
January 22nd, 2015
The Company announces that, on 20 January 2015, the Company approved a notice from GLIO Holdings Limited (“GLIO”) to convert 1,688,000 loan notes of £1.00 each in LCG at a price of 25.02p in accordance with the terms of ...
Bank of Canada lowers overnight rate target to 3/4 per cent
January 22nd, 2015
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is ...
Metro Bank grows 118% in 2014
January 22nd, 2015
Deposits increase to £2,867 million; representing year on year growth of 118% Total loans grow to £1,597 million, a year on year increase of 112% Loans to business customers make up almost half of total lending Metro Bank, the ...
Bonds, shares, gold supported ahead of expected ECB action
January 21st, 2015
European shares held close to a seven-year high on Wednesday and Asian shares hit a six-week peak investors bet the European Central Bank would unveil a stimulus drive to boost the flagging euro zone economy. Expectations that the ECB ...
Forget Switzerland: These banks will be hit by SNB shock
January 20th, 2015
Switzerland’s shock scrapping of its currency cap could knock Swiss bank earnings by 10-15 percent, but financial firms in nearby central and eastern European countries could be worse affected, Pimco’s head of financial research told CNBC on Tuesday. “I ...
