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UPDATE 2-BG slashes shale drilling in weak gas price world* 2012 LNG profit target increased 30 pct * Weak gas prices prompts 80 pct cut in shale drilling * Affirms 7 pct/yr output growth target to 2020 * Shares rise 2.7 pct, outperform peers (Recasts, adds analyst, ... Read more...Lazard Ltd Reports Full-Year and Fourth-Quarter 2011 ResultsLazard Ltd : Read more...East Africa: Is the War Against Piracy Being Won?iMaverick (Johannesburg)-The capture of 13 Somali pirates by a Nato-led force this weekend is being hailed by the British government as evidence the tide is turning in the war against piracy. REBECCA DAVIS examines recent developments to make international shipping lanes safe once more. Read more...Market overview: 27 JanuarySerco awarded MoD contract; African Barrick Gold raises resources estimates in Tanzania; New year off to subdued start at LSE. Plus a summary of business press headlines. Read more...Markets: FTSE 100 buoyed by Chinese data on Tuesday17:15 - Despite failing to hold onto all its gains, the FTSE 100 (UKX) closed 36 points higher at 5693 as the positive news from China sustained optimism and Wall Street put in a healthy performance. There was a surprise winner at the end of the session in shape of freshly-promoted Russian miner Polymetal (POLY), which added more than 3%. Sliding further was Essar Energy (ESSR), which lost a ... Read more... |
