Royal Dutch Shell
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FSA fines UBS £8 million
LONDON (Reuters) - Four former dealers at UBS plundered customer accounts to trade and dumped the resulting losses on them, Britain's financial regulator said, further denting the battered Swiss bank's reputation. Full Article
Miners and banks lift FTSE 1.4 percent
LONDON (Reuters) - Leading shares ended 1.4 percent higher on Wednesday boosted by a rebound from miners and banks, with retailers Next and Marks & Spencer also higher after posting forecast-beating figures. Full Article | Video
Total, Statoil profits plummet
LONDON (Reuters) - France's Total and Norwegian rival Statoil have added to the downbeat tone from the oil industry, promising to tackle a tough environment with cost cuts as they announced big drops in third-quarter profit. Full Article
BP in Iraq's 1st big post-invasion oil deal
BAGHDAD (Reuters) - Oil major BP and China's CNPC on Tuesday signed Iraq's first major new oil deal since the 2003 U.S. invasion, snapping up a development contract for the Rumaila oilfield, one of the world's biggest. Full Article
FACTBOX - Iraqi oilfield deals in the pipeline
(Reuters) - British oil major BP Plc and China's CNPC have signed Iraq's first major new oil deal since the 2003 U.S. invasion for supergiant Rumaila, and Baghdad is close to finalising pacts on several other large oilfields. Full Article
Oil companies give cool outlook
LONDON (Reuters) - Exxon Mobil Corp, Royal Dutch Shell Plc and Eni SpA dashed hopes for an imminent turnaround for the oil industry, saying sluggish economic recovery was weighing on energy demand and prices. Full Article
Iraq to sign deals with BP, Eni
BAGHDAD (Reuters) - Iraq's Oil Ministry said on Thursday it will sign a final deal on November 3 with BP and China's CNPC to develop its biggest oilfield, Rumaila, the nation's first major oil pact since the U.S. invasion in 2003. Full Article
FTSE closes higher on U.S. GDP data
LONDON (Reuters) - Better-than-expected economic growth from the United States and gains in banks and miners pushed the leading share index 1.1 percent higher on Thursday. Full Article
FSA imposes biggest mortgage fine ever
LONDON (Reuters) - The financial regulator slapped the country's biggest mortgage-related fine on home loans provider GMAC-RFC for overcharging and dealing unfairly with customers in arrears. Full Article
Shell profit plunges
LONDON (Reuters) - Oil majors Royal Dutch Shelland Eni dashed hopes of an imminent turnaround for the industry, as sluggish economic recovery weighs on energy demand and prices, contributing to a big drop in profits. Full Article
