Shell: oil market regulation will cost consumers

Rio Tinto (Xetra: 855018 - news) said Friday it was putting up for sale the biggest "red" diamond ever produced by its Australian mine amid an "explosion" in demand from Asia for the rare pink-hued stones. The Argyle Phoenix, a 1.56 carat gem, is ...

* FTSEurofirst 300 down 0.1 percent * Zurich Insurance (Xetra: A1JWRL - news) falls 1.2 percent after Q1 miss * Richemont surges after proposing dividend hike By David Brett LONDON, May 16 (Reuters) - Weak earnings from Zurich Insurance Group kept a ...

* Cuts costs at TUI AG (Xetra: TUAG00 - news) headquarters in Hanover * Underperforming hotels, cruises to be restructured * Sees underlying EBITA of around 1 bln eur by 2014/15 * Says will pay out 50 pct of net cash flow * Shares rise 2.8 pct By ...

American hedge fund tycoon Daniel Loeb is calling for Sony (Xetra: 853687 - news) to spin off its lucrative film and music division, arguing that such a move could help bolster the Japanese electronics and entertainment colossus. Sony has launched a ...

Technical charts show the STOXX Europe 600 banking index, home of lenders such as Barclays (LSE: BARC.L - news) , UBS (Xetra: UB0BL6 - news) and Banco Santander, breaking above a major resistance level at 179.14 points, which sends a long-term ...

Tesla Motors (Xetra: A1CX3T - news) said Wednesday that founder Elon Musk would invest $100 million in the surging electric car maker, and that it would repay a loan from the US Department of Energy ahead of schedule. The California maker of ...

LONDON (ShareCast) - Prime Markets has labelled travel agent Thomas Cook (Xetra: A0MR3W - news) as a 'buy', hailing the new strategy of Chief Executive Officer (CEO) Harriet Green. The company announced on Thursday that its loss before tax was ...

Vodafone (LSE: VOD.L - news) saw its shares climb in early trade, after announcing an agreement with Deutsche Telekom (Xetra: 555750 - news) that allows it to offer high-speed fixed-line broadband and internet protocol-based TV services across ...

Thomas Cook (Xetra: A0MR3W - news) is raising £425m as part of a major £1.6bn refinancing to reduce its debt pile and pave the way for the eventual resumption of dividend payments to shareholders. Harriet Green, Thomas Cook's chief executive, said ...