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Shipbrokers in merger talks after 30% plunge in oil price

Plunging oil prices have triggered merger talks among London’s shipping and offshore brokers, with key companies including Clarkson, Icap and Howe Robinson all in discussions. With shipping in the doldrums, brokers have been relying over the last couple of years on the offshore oil industry to boost profits but a 30% plunge in the crude price has caused panic.

Uber taxi app launces in Leeds

Controversial car hire service Uber has launched in Leeds, allowing residents of Yorkshire's biggest city to book and pay for cab rides directly through the Uber app.

Commuters make 12 million 'contactless' journeys in two months

Twelve million “contactless” journeys have been made on bus and Tube since paying by bank card was extended to the Underground two months ago.

Saturday, 15 November 2014

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  • Shipbrokers in merger talks after 30% plunge in oil pricePlunging oil prices have triggered merger talks among London’s shipping and offshore brokers, with key companies including Clarkson, Icap and Howe Robinson all in discussions. With shipping in the doldrums, brokers have been relying over the last couple of years on the offshore oil industry to boost profits but a 30% plunge in the crude price has caused panic.

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  • Ł10,000 rolls in from first Ride for EricThe inaugural Ride for Eric – when more than 370 cyclists remembered Eric Codling, the Millhouses man who was killed by a reckless driver on Whirlowdale Road a Sunday morning ride – raised over Ł10,000.

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  • Repaired road to re-openA St Annes road is set to reopen on Monday after being closed for more than a week for sewer work.

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  • Just another Ferrari-beating bicycleThe last time you felt your ride needed a boost, you probably stopped for a snack. François Gissy strapped a rocket to the back of his bicycle and clocked over 200mph. So fast was Gissy’s run, and so impressive his victory over the Ferrari that was trying to keep up, that over 10 million people have watched the footage on…

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  • Suez Canal security boosted after Damietta attackShips transiting the Suez Canal are being shadowed by military helicopters in response to Wednesday’s attack on a naval patrol vessel off Damietta, Egypt.
  • Hapag-Lloyd losses climbingGerman container line Hapag-Lloyd saw its net result deteriorate further during the third quarter despite efficiency-raising measures and increased carryings.
  • DP World to delist in LondonDP World has announced its intention to delist from the London stock market, where its shares barely trade and focus instead on the emerging Nasdaq Dubai exchange, where it also has a listing

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