COMMODITIES
08 Feb
ineos forties oil pipeline
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.

08 Feb
Kazakhmys, mining truck 125
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.

08 Feb
cbbinance4 short
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.

08 Feb
City workers
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.

08 Feb
iran,5+1, potencias
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.

08 Feb
randgold miner mining
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.

08 Feb
cbchina23
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.

08 Feb
drilling-rig
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.