Four of Donald Trump’s New Year resolutions on the economy December 28, 2016 Predicting the future is hard. Predicting what US President-elect Donald Trump will do is potentially harder. Trump's campaigning style might politely be characterised as "shoot from the hip", which makes it tricky to know what exactly he has planned for the world's largest economy. Luckily, the man who will be leader of the free world [...]
Xcite Energy share price plummets and have “minimum residual” value September 12, 2016 The share price in North Sea oil company Xcite Energy tanked over 75 per cent following an announcement that bondholders would be taking control of the company. The Aim-quoted company has been in talks with the noteholders of its $135m of senior secured bonds and there had been hope of reaching an agreement that would see some return for equity investors – [...]
Here’s what will happen to the US economy if Donald Trump is elected and enacts all the policies he’s announced October 28, 2016 Much time and energy has been spent decrying Donald Trump for his insults, on social media and otherwise, which are aimed at Hillary Clinton and many, many others. But what about if Trump actually wins, and implements the policies he's announced during his campaign? Researchers Didier Borowski and Philippe Ithurbide at Amundi Research have analysed Trump's [...]
Tory MP Zahawi bags role at Gulf Keystone August 23, 2015 KURDISTAN-focused oil company Gulf Keystone has appointed Conservative MP Nadhim Zahawi as its chief strategy officer. Zahawi will be working on a part-time basis for the company, which has operations in the autonomous Kurdish region of Iraq, and will be responsible for evaluating the FTSE-listed oil company’s strategic options. The co-founder of polling company YouGov, [...]
Why oil and gas are big winners from Trump’s presidential victory November 10, 2016 The global financial markets began to crash last night as a Trump victory became more likely, although they regained ground as the results started to clear up. Nevertheless, to say that there is a lot of uncertainty about what happens next is a massive understatement. Asian markets plunged, commodity prices fell, and emerging market currencies [...]
Presidential candidate Hillary Clinton puts Keystone XL oil pipeline and pharmaceutical industry in the firing line September 22, 2015 Presidential hopeful Hillary Clinton finally announced last night that she opposed the Keystone XL oil pipeline, which is to transport Canadian oil to refineries on the Gulf of Mexico via Nebraska. She said in a meeting in Iowa that it was “a distraction from the important work we have to do to combat climate change”. [...]
Donald Trump could pick a fight with Opec and the Paris climate deal May 27, 2016 From oil to greener energy sources, Donald Trump is unimpressed with the depth and breadth of the energy world, taking issue with both Opec and COP 21, the climate change agreement struck in Paris last year. Trump's advisors have suggested that he examine the Organisation of the Petroleum Exporting Countries' (Opec) role in the oil price slump [...]
New Builds: From Notting Hill to Battersea, here are the hottest new developments on the market this week April 29, 2016 Alto, Wembley From £715,000 High rise apartments have gone on sale at Alto, a development by Keystone and Quintain, which is part of the 83-acre regeneration of Wembley Park. The two and three bedroom apartments sit in the Pienna building, the 19-storey ‘crowning glory’ of the scheme designed by Flanagan Lawrence Architects, which worked on [...]
Oil gushes higher as it heads for best week in five April 8, 2016 Oil prices sprung into action this afternoon, helped by rising hopes for a freeze deal when the world's major oil producers meet next Sunday. Brent crude, the global benchmark, rose 4.6 per cent to $41.23 per barrel this afternoon, and it's up 6.6 per cent for the week. If it holds onto these gains Brent [...]
Quintain and Keystone team up to build 362 Wembley homes April 29, 2015 QUINTAIN said yesterday that it has joined forces with Swiss private equity group Keystone to build a further 362 homes at Wembley Park, including 120 for the private rental market. The 260,000 square feet residential development in north west London is Quintain’s second joint venture with Keystone after working on a 475-home development together last [...]