MARKETS

DoJ is allegedly asking bankers and clients how much sales teams charge customers to exchange currency

Islamic State of Iraq and the Levant have used oil to finance their operations in Syria and Iraq.

Companies operating the most profitable oilfields will now pay 55% top rate tax.

Energy consumption peaks in the summer months across Egypt when power shortages are most common.

Britain's business secretary unveils his thoughts over China ties with the UK.

The British pound shed some of its recent gains following the BoE minutes, which did not add to the hawkish tone set by central bank governor.

Southern Iraq bracing for worst case scenario as Isis continues to make gains near the Iraqi capital Baghdad.

Citic Resources is the first company to admit discrepancies in its Qingdao inventory.

The 95-year-old gold pricing benchmark was criticised for lack of transparency.

The Indian rupee has held near the 1-1/2-month low against the US dollar with no big surprise expected at the Fed meeting later in the day.

Li Keqiang reiterated in London that China's economy will grow by 7.5% this year.

Gapzrom has enough resources to move ahead with multi-billion dollar China project says Anton Siluanov

The Northern Gateway project will allow Canada to export oil to China.

Prime Minister Arseny Yatseniuk says attack meant to discredit Ukraine as a gas transit partner.

HSBC is boosting its corporate banking headcount by 35%

Five Iraqi soldiers killed after militants attack Iraq's biggest oil refinery in Baiji, north of Baghdad.

MPC minutes to show how hawkish the policy making body has become with the improved growth and employment conditions.

Simon Calver left the group in a shock exit, soon after a major profit warning

A threat to Western oil interests in southern Iraq would make US-UK intervention more likely.

Precious metals weakened on Tuesday as dollar strengthened broadly on account of risk aversion in global markets.

Brent's premium to the August WTI contract stood at $6.69 in early trade.

Iceland has reported strong sales as low-end stores continue to decimate mid-market share.

Investor Responsibility Research Center Institute unveils a groundbreaking new study into insider trading stats

Baiji oil refinery is the country's largest and provides oil to the Iraqi capital Baghdad among other domestic outlets.

Whitbread's sales for the first quarter have increased by 12.7%.

OPEC production will decline, with US reserves of oil extracted from oil sands and shale rock spearheading the competition.

BP chief executive says facilities in the south of Iraq are a long way from the violence in the north.

70% of India's oil needs met by imports, leaving rupee largely defenceless against oil price swings.

Indian rupee falls to fresh multi-week lows against the US dollar, pound, euro and yen.