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  • LONDON, July 6- Oil edged lower on Wednesday, extending losses to a third straight session, as investors grew concerned over consumption due to weaker demand from refineries and potentially slower economic growth after Britain's decision to leave the EU. Global benchmark Brent futures were down 75 cents, or 1.6 percent, at $47.21 a barrel at 1136 GMT after a 4.1...

  • LONDON, July 6- Oil prices edged lower on Wednesday, extending losses to a third straight session, as a stronger dollar weighed and economic concerns rose following Britain's vote to leave the European Union. Global benchmark Brent futures were down 30 cents at $47.66 a barrel at 0852 GMT after a 4.1 percent drop on Tuesday. "Oil once again is testing key support...

  • *EBA and EMA agencies seen leaving London post Brexit. *Milan mayor visits London as EU cities promote themselves. MILAN/ LONDON, July 5- Milan's new mayor Giuseppe Sala will fly into London on Wednesday, stepping up a battle between European cities competing to wrest two prestigious European Union agencies from London in the wake of Britain's vote to leave the...

  • *Nigeria, Canada production ramping up. LONDON, July 1- Oil prices eased on Friday as the market's focus returned to oversupply as production from Nigeria and Canada revived, and OPEC output reached a record high in June. "A rising contango indicates that the market is getting ready to absorb returning supply from Nigeria and Canada."

  • *Nigeria, Canada production ramping up. LONDON, July 1- Oil prices eased on Friday as the market's focus returned to oversupply as production from Nigeria and Canada revived, and OPEC output reached a record high in June. "A rising contango indicates that the market is getting ready to absorb returning supply from Nigeria and Canada."

  • *Nigeria, Canada production ramping up. LONDON, July 1- Oil prices eased on Friday as focus returned to oversupply as production from Nigeria and Canada revived and OPEC production reaching a record high in June. "A rising contango indicates that the market is getting ready to absorb returning supply from Nigeria and Canada."

  • *Nigeria, Canada production ramping up. LONDON, July 1- Oil prices eased on Friday as focus returned to oversupply as production from Nigeria and Canada revived and OPEC production reaching a record high in June. "A rising contango indicates that the market is getting ready to absorb returning supply from Nigeria and Canada."

  • LONDON, July 1- The British offshore wind industry, already bruised by subsidy changes, faces uncertainty after Britain voted to leave the European Union, with investors worried about future government incentives, exchange rates and export duties. Businesses in many industries have reported that the result of the June 23 referendum has created uncertainty...

  • BRUSSELS, June 28- World No.1 container liner Maersk, Swiss peer MSC and 13 other shipping firms are set to escape possible penalties as EU antitrust regulators plan to accept their offer to end a five-year probe, three people familiar with the matter said on Tuesday. The other 13 firms are No. 3 player CMA CGM, Germany's Hapag Lloyd and Hamburg Sud, Taiwan's...

  • LONDON, June 28- Emerging markets rebounded on Tuesday, halting a two-session losing streak, with Eastern European stocks and currencies leading gains thanks to a weaker dollar and a pledge from China to counter further Brexit-related volatility. MSCI's emerging equity index rose 0.8 percent, having tumbled 5 percent since Thursday amid a global market rout...

  • *Italy's Northern League says: "It's our turn". LONDON/ BUDAPEST, June 24- Britain's vote to leave the European Union fired up populist eurosceptic parties across the continent on Friday, giving fresh voice to their calls to leave the bloc or its euro currency. Right-wing and anti-immigrant parties in the Netherlands, Denmark, Sweden and France demanded...

  • *Italy's Northern League says: "It's our turn". LONDON/ BUDAPEST, June 24- Britain's vote to leave the European Union fired up populist eurosceptic parties across the continent on Friday, giving fresh voice to their calls to leave the bloc or its euro currency. Right-wing and anti-immigrant parties in the Netherlands, Denmark, Sweden and France demanded...

  • *Italy's Northern League says: "It's our turn". LONDON/ BUDAPEST, June 24- Britain's vote to leave the European Union fired up populist eurosceptic parties across the continent on Friday, giving fresh voice to their calls to leave the bloc or its euro currency. Right-wing and anti-immigrant parties in the Netherlands, Denmark, Sweden and France demanded...

  • Brexit

    The U.K. has spoken: It has decided to end its relationship with the European Union.

  • *Chairman raises prospect of break-up of company. *Head of shipping business promoted to group CEO. COPENHAGEN, June 23- Danish shipping and oil group A. P. Moller-Maersk could split up into separate companies, its chairman said on Thursday after naming Soren Skou, the head of its container business, as chief executive.

  • COPENHAGEN, June 23- Danish shipping and oil group A. P. Moller-Maersk could be split up into separate companies, its chairman said on Thursday after naming Soren Skou, the head of its container business, as chief executive. He was speaking after company veteran Skou, 51, was appointed to replace Nils Smedegaard Andersen as group chief executive.

  • COPENHAGEN, June 23- Danish shipping and oil group A. P. Moller-Maersk has appointed Soren Skou, a company veteran who heads its container shipping business, as chief executive to steer it through a historic downturn in both its key markets. Skou, 51, replaces Nils Smedegaard Andersen who has been in the job since 2007.. The change comes just days after the grandson...

  • If the U.K. voted to exit the EU, currency traders would likely dump the pound and send funds into the dollar, FX pros said.

  • * "The industry is really suffering"- Maersk board member. LONDON, June 21- Denmark's Maersk Line is fighting to remain the world's no.1 container shipping carrier as a wave of mergers and acquisitions, particularly in Asia, creates new challengers trying to grab a bigger share of a depressed market. However, it faces Chinese rivals with global ambitions as well as...

  • *Germany, Britain make up almost half decline in 2014. BRUSSELS, June 21- European Union greenhouse gas emissions fell in 2014 to their lowest level since 1990, although the bloc said more diesel vehicles had increased carbon dioxide on its roads and significant cuts were needed. Germany and Britain led the way, accounting together for some 45 percent of...