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By Stephen Kirkland, Bloomberg |
October 30, 2012
U.S. equity-index futures pared declines as Hurricane Sandy shut equity trading for the longest weather- related interruption since 1888.
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By Brian Swint and Eduard Gismatullin, Bloomberg |
October 30, 2012
BP Plc, Europe’s second-biggest oil company, raised its dividend as third-quarter profit beat analysts’ estimates.
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By Mark Shenk and Moming Zhou, Bloomberg |
October 26, 2012
Oil pared a second weekly loss, rising with gasoline and heating oil on concern that Hurricane Sandy will disrupt East Coast refinery production and as the U.S. economy showed signs of growth.
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By Moming Zhou, Bloomberg |
September 20, 2012
Oil was little changed as gasoline and heating oil futures climbed while more Americans than forecast applied for unemployment benefits.
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By Sarah Jones, Bloomberg |
September 18, 2012
U.K. stocks fell for a second day, with the FTSE 100 Index continuing its retreat from a six-month high, amid renewed concern about Europe’s debt crisis
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By Moming Zhou, Bloomberg |
September 14, 2012
The power of hurricanes to drive up oil prices is diminishing as the proportion of U.S. crude coming from the Gulf of Mexico falls to a 14-year low because of the increase in onshore shale production.
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By Joe Carroll and Yuriy Humber, Bloomberg |
September 10, 2012
Transocean Ltd. agreed to sell most of its shallow-water drilling fleet for $1.05 billion as part of the company’s exit from the market for rigs propped up on steel legs that it created more than 50 years ago.
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By Allison Bennett and Inyoung Hwang, Bloomberg |
September 5, 2012
The euro and Spanish 10-year debt advanced on the European Central Bank’s plan to buy bonds, while most U.S. stocks fell as FedEx Corp. cut its profit forecast and reports showed economies were slowing more than anticipated.
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By Elizabeth Campbell, Bloomberg |
September 2, 2012
Speculators increased bets on rising gold prices to the highest since March on mounting speculation that the Federal Reserve will expand its record stimulus.
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By Daniel Cancel and Charlie Devereux, Bloomberg |
August 28, 2012
Venezuelan authorities will turn their attention to resuming production at the country’s biggest refinery after putting out fires at fuel storage tanks.