Commodities
Commodities: Gold retreats from two-month highs as tensions calm
Monday saw gold selling off from recent highs as tensions between the US and North Korea seemed to simmer down over the weekend.
BP starts up another two major upstream projects
BP confirmed today the start up of another two of the seven upstream major projects which are planned to come on-line in 2017, Juniper in Trinidad and Persephone in Australia.
BP begins production from Juniper on schedule and under budget
BP Trinidad and Tobago reported first gas from the Juniper development, its first subsea field development in Trinidad, on-schedule and under budget.
South Korean president urges US to help stop war
South Korean President Moon Jae told his American allies there must be a diplomatic solution to the crisis with North Korea.
Sirius Petroleum signs $10m offtake agreement with BP subsidiary
Sirius Petroleum has entered into a $10m revolving pre-payment facility and commercial offtake agreement relating to sales of crude oil from its Ororo field with BP subsidiary, BP Oil International.
Trump trade probe will 'poison' relations, Chinese media says
The White House’s decision to order a probe into Chinese trading practices will 'poison' relations between the two countries at a critical time, state-run newspaper China Daily has warned.
China issues ban on North Korean imports to comply with UN sanctions
North Korea came under further international pressure on Monday after China moved to implement recently approved UN trade sanctions against the regime.
Portuguese GDP growth slows in second quarter
Economic growth in Portugal slowed sharply in the second quarter as the contribution from net external demand turned slightly negative.
Bitcoin continues meteoric rise to surpass $4000
Cryptocurrency Bitcoin hit another record high on Sunday and surpassed the $4000 mark for the first time.
Glencore looks to purchase Pacific Aluminium from Rio Tinto
American firm Century Aluminium and Glencore have been linked to the purchase of Rio Tinto's Pacific Aluminium business, which according to a current listing at Deutsche Bank, could go for as much as $1bn.
Euro area industrial production slips in June, but economists sanguine
Industrial production in the single currency bloc fell back in June amid sharp drops in the output of capital and durable consumer goods.
Trump criticised after failing to condemn white supremacy groups
US President Donald Trump has come under fire from politicians on both sides of the divide after he failed to explicitly condemn far right groups following a car attack in Virginia on Saturday.
Chinese retail sales, fixed asset investment slow in July
Chinese economic activity cooled more than expected last month as authorities' tightening measures began to bite.