What is next for oil prices after Opec?

What is next for oil prices after Opec?

Opecs surprise decision to cut oil production by 1.2 million barrels per day has boosted the crude oil price. Financial columnist Edmund Shing asks whats next for the oil industry and whether now is a good time to invest in companies dealing with crude. Dec 7, 2016
Jayalalithaa Jayaraman: Her life and legacy

Jayalalithaa Jayaraman: Her life and legacy

Tamil Nadu’s chief minister Jayalalithaa Jayaraman, 68, died on 5 December after suffering a cardiac arrest. The actress-turned-politician was hailed as the “iron lady” of south India. She was last seen in public on 21 September before getting admitted in the hospital for fever and dehydration. Dec 6, 2016
Burst water main forces Islington streets to close

Burst water main forces Islington streets to close

Several streets had to be shut down after a water main burst in the London borough of Islington on 5 December. Authorities advised people to avoid the area.London Fire Brigade said around 100 people from surrounding homes had to be evacuated in a statement on their website. They also revealed that the flood waters reached a depth of 2m in the basements of properties on one street. Dec 5, 2016
Italian Prime Minister Matteo Renzi resigns after referendum loss

Italian Prime Minister Matteo Renzi resigns after referendum loss

Italian Prime Minister Matteo Renzi announced his resignation in the early hours of 5 December, after a convincing defeat in a referendum over his proposals for constitutional reform. Renzi took responsibility for the defeat and told reporters of his plans to call a cabinet meeting and give his resignation to Italys President Sergio Mattarella. The constitutional reform included cutting down the number of senators and curbing their powers relative to the lower house of parliament. Renzi also sought to reduce the political powers of the regions. Dec 5, 2016