Author

 
Roland Jackson

Roland Jackson

    Europe's energy giants reap benefits of oil price surge
    Europe's energy giants reap benefits of oil price surge
    Anglo-Dutch energy giant Royal Dutch Shell, French peer Total and Spain's Repsol on Thursday logged surging second-quarter net profits on the back...
    Global markets plunge as Greece shuts banks
    Global markets plunge as Greece shuts banks
    In a narrow ray of hope, creditors left the door open to Greece for a last-ditch debt deal, in order to try and avert a potentially calamitous...
    Standard Chartered takes a knock in market value
    Standard Chartered takes a knock in market value
    The emerging markets-focused lender – until now seen as a darling of the financial sector – rejected US claims made Monday that it was a...
    BP posts annual loss on oil-spill disaster
    BP posts annual loss on oil-spill disaster
    BP on Tuesday posted its first annual loss in almost two decades as a result of last year's devastating Gulf of Mexico oil spill, and raised the...
    Goldman Sachs faces UK probe as net widens
    Goldman Sachs faces UK probe as net widens
    Britain launched a probe into United States bank Goldman Sachs on Tuesday linked to US fraud charges that the Wall Street giant misled investors,...
    BA, Iberia sign merger deal to create global giant
    BA, Iberia sign merger deal to create global giant
    British Airways (BA) and Spanish flag carrier Iberia on Thursday announced a merger deal to create one of the world's biggest airlines to compete...
    World stock markets slump on European debt fears
    World stock markets slump on European debt fears
    Global equities tumbled on Friday and the euro hit a nine-month dollar low as investors ran for cover on fears that soaring European state debt...
    Kraft swallows Cadbury in multibillion-dollar takeover
    Kraft swallows Cadbury in multibillion-dollar takeover
    Cadbury, a monument to the British chocolate bar, fell on Tuesday to United States giant Kraft by accepting an offer worth £11,5-billion,...
    BA wins court battle to stop Christmas strikes
    BA wins court battle to stop Christmas strikes
    British Airways won a high court battle on Thursday to prevent cabin crew staging a 12-day walkout that would have ruined the travel plans of up to...
    Shell reports 62% profit slump and cloudy outlook
    Shell reports 62% profit slump and cloudy outlook
    British energy giant Royal Dutch Shell revealed a 62% net profit slump in the third quarter on Thursday, blaming weak oil prices and warning that...
    Recession fears hit financial markets
    Recession fears hit financial markets
    Growing warnings of an "inevitable" global recession and the expectation of more interest-rate cuts triggered turmoil on the currency markets and...
    Oil price vaults past $126
    Oil price vaults past $126
    The price of New York crude oil soared above $126 per barrel on Friday, lifted by speculative demand amid concerns about tight global energy...