Glencore's top brass are $125 million (£76 million) richer as results from the secretive commodities trader, following its record-breaking $61 billion May float, trigger huge dividend payouts... more
Oil prices hold their ground in another volatile session in the wake of the International Energy Agency's dramatic step to pump 60 million barrels of crude into global markets... more
The bloody chaos in Libya send oil prices hurtling to another new high as fear sweeps through markets over supplies drying up and political turmoil spreading to Saudi Arabia... more
Prime Minister Gordon Brown and French President Nicolas Sarkozy today demanded a new investigation into how much speculators have been responsible for wild gyrations in world oil prices over the past two years... more
The International Monetary Fund is set to upgrade its forecasts for global economic growth, it emerged, further fuelling the feeling that the world is climbing out of recession ... more
Commodities: Oil prices leapt by more than 10% to above $40 a barrel after the Israeli assault on Gaza, with energy chiefs warning the cost of crude could be back above $100 within a year... more
Punch Taverns got another smack in the face, courtesy of a feisty City analyst who claimed that a fair value for the stock was zero, and that the company is heading for "zombie" status... more
In his classic 1940 book Where Are The Customers' Yachts?, Fred Schwed Jr takes on the follies of Wall Street in a way never bettered since. By his telling, Wall Street is a kindergarten full of incurable romantics, children who really believe all that guff they spout even as it is being proven spectacularly wrong... more
Morning:
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