Oil prices have reached their highest level in a year amid hopes in financial markets that the Opec cartel will make a deal to curb crude production stick.
Mergers and acquisitions are ramping up in the U.S. oil patch following a deal drought.
The International Energy Agency (IEA) has highlighted the significant tasks ahead for OPEC if the oil cartel is to freeze or cut its production.
The UK’s largest asset manager is to use its muscle as an investor to promote a green agenda by urging companies to tackle climate change and selling shares in those that do not.
Inquiries into the banking sector have arrived at a rate of about one a year for the past couple of decades, but has any been as feeble as this summer’s offering from Competition and Markets Authority? That was the one that concluded that a few tweaks, like better price comparison websites and a voluntary cap on overdraft charges, might succeed where stiffer remedies had failed in the past to boost competition.
So much for the idea that easyJet could improve its profits every year.
Oil and share prices rose after Opec members struck a deal to limit crude output for the first time since 2008, in an attempt to ease a global glut that has more than halved crude prices in the past two years.