MARKETS

Exclusive: Clegg told IBTimes UK that all parties need to work together on industrial development consensus

British pound rallies to new highs against US dollar and Japanese yen.

South Stream and North Stream gas projects are intended to bypass gas transit countries like Ukraine.

China's maritime agency asks vessels to give rig wide birth as it heads to scene of recent naval clashes

On hourly chart, US dollar index breaks below 50% and 61.8% Fibonacci retracement of 21 May to 11 June uptrend.

Fears over the OPEC producer's security have pushed Brent prices to more than $114 a barrel

BREAKING NEWS: Reports that staff have been evacuated following a break in intense fighting

Asian currencies firm up as US Fed slashes growth outlook and signals no change in its current monetary policy.

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.