Recent Posts

Maersk oil intensifies search for M&A

  Bloomberg A.P. Moeller-Maersk A/S is intensifying its search for acquisitions to build up its oil unit as the Danish shipping and petroleum conglomerate loses Qatar, the biggest field in its portfolio. “We’re getting some resources freed up now,” Maersk Oil Chief Executive Officer Jakob Thomasen said in an interview. “We appreciate the clarity that we now have after Qatar ...

Read More »

Spanish economy grew 0.7% in second quarter: Bank of Spain

  Bloomberg The Spanish economy probably grew 0.7 percent in the second quarter as increased employment and favorable financing conditions supported consumption, the Bank of Spain said. Most recent data continued to show “robust growth” even as expansion of business investment showed a certain slowdown, the regulator said in its monthly economic bulletin published on Tuesday, citing preliminary data from ...

Read More »

Challenge ahead: Finding $132bn to keep UK’s lights on

  Bloomberg As if managing the Brexit crisis weren’t enough, the U.K. government also needs to find £100 bn ($132 bn) to keep the lights on nationwide after 2020. With more than a dozen power plants due to close in the next decade, PM David Cameron’s government has been working to lay out incentives that will draw in money for ...

Read More »
Send this to a friend