By Amy McLellan Sound Oil is gearing up for a big year. It has now received final approval of the EIA for the Nervesa field production concession from the Veneto Region in Italy. The award of the Nervesa field production concession from the Italian Ministry of Economic Development is expected to follow shortly, paving the…
By Keith Heddle, Managing Director of Stanley Gibbons Investments Featured in this month’s Master Investor Magazine. Stock market volatility is nothing new, be the cause the Euro crisis, Ukraine, the geo-political situation in the Middle East or the upcoming UK General Election in May. Investment options are then made harder with daily headlines of falling…
By Eithne Treanor It was another week of volatility on the oil market as OPEC said its March oil output increased. Saudi Arabia continues to pump more oil and while the price is finding some sense of stability, the uncertainty continues. In early trading on Friday, Brent crude was priced around US$63 a barrel with…
I have been reminded of the giants of the U.S. new economy in the wake of the latest spat between Google (GOOG) and the EU, where the latter has been accusing the search engine pioneer of abusing its dominant position in the market. This has apparently been particularly so with regard to shopping searches. But…
For the last nine months, there has really only been one way to bet in foreign exchange markets and that is to follow the dollar’s relentless push higher. Since the middle of June, the dollar has risen by 22% against a basket of currencies. This week we’ve seen a reversal of this momentum with three…
You have to hand it to Rob Terry. Here he is facing serious questioning from the FCA over his conduct in and around Quindell (QPP) and he asks the FCA for permission to go over 10% of Daniel Stewart (DAN). I suppose that this is roughly analogous to a condemned man asking for a glass…
In the first in a series for Master Investor Magazine, Frederik Vanhaverbeke, author of Excess Returns: A comparative study of the methods of the world’s greatest investors, looks at how some of the world’s greatest investors are so successful. As they say, it is better to be wrong, wrong, wrong and then right than the…
By Emma Cox Russian titanium giant OAO VSMPO-AVISMA is looking to boost its yearly titanium output to 40,000 metric tons from just 30,000 tons by 2020, chief executive Mikhail Voevodin revealed on Wednesday. In a report on Bloomberg, Voevodin said the company “continues” to purchase ilmenite from Ukraine, which it is heavily dependent on, but…
The basic premise for investing in fine wine is a very simple one: you buy a truly great wine that is produced in a finite quantity and store it, carefully. So whilst others are drinking theirs, thereby reducing the supply of that wine, you enjoy the price appreciation that naturally results from the increased rarity…
It would appear that judging by the financial press and various other “informed” sources, we are all apparently experts on the groceries sector, if only on the basis that we all shop there. Therefore armchair opinions of all varieties are offered to the ether in terms of how Tesco should turn itself around, or how…
