TOKYO (Reuters) – Oil prices slumped again on Wednesday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut amid a collapse in demand for everything from gasoline to jet fuel caused by the coronavirus outbreak. Brent crude LCOc1, which fell 24% in the previous session, touched $15.98 […]
Closures of pubs, bars and other on-trade venues is hitting the maker of Smirnoff, Johnnie Walker and Guinness but off-trade is picking up Diageo PLC (LON:DGE) has said it will pay its scheduled interim dividend today but the drinks maker put the cap on share buybacks for the rest of this year as the financial outlook […]
Global oil prices have risen after Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their price war. The cost of crude had fallen to 18-year lows as the two countries slashed prices and ramped up production. At the same time demand has been hit hard by shutdowns […]
UK Banks to stop dividends.