Commodities
Forties North Sea oil pipeline back on-line after second breakdown
The North Sea’s Forties pipeline system that carries 40% of crude oil has begun flowing again after a short halt, the second in two months.
Barclays sees up to 82% upside in Kaz Mineral shares
Barclays upgraded its view on KAZ Minerals on Thursday, telling clients the recent pullback in the stock had opened-up an unusually large valuation gap relative to peer Antofagasta.
Cryptocurrency exchange goes dark for 12 hours
Binance, One of the largest cryptocurrency exchanges, has caused panic amongst users by suspending trading and withdrawals for a 12-hour period.
US initial jobless claims unexpectedly decline
The number of Americans filing for unemployment benefits unexpectedly fell last week, according to data from the Labor Department.
White House secretly offered Iran prisoner negotiations
The Wall Street Journal is reporting that the Trump administration covertly communicated with Iran in an attempt to negotiate prisoner releases from both sides.
HSBC upgrades Randgold to 'buy', expects further dividend growth
Analysts at HSBC upgraded their recommendation for shares of Randgold Resources on Thursday from 'hold' to 'buy', telling clients they expect the outfit to hike its payout by 50% in 2018 after the company reported record production and increased profits for its most recent trading year.
Yuan falls by most in two years after January trade data
China's currency slumped overnight after hitting a two-year high the day before, following the release of weaker than expected foreign trade data, which some investors believe may goad Beijing nearer to loosening capital controls as a means of offsetting recent strength in the yuan.
Sound Energy to launch three-well drilling programme in Morocco
Moroccan upstream gas company Sound Energy apprised investors of its exploration plans for the current year on Thursday after having completed an aerial gradiometry programme.