World shares slumped to a near four-month low on Tuesday as signs the U.S. economy was stuttering compounded already frayed nerves following a sharp sell-off in emerging markets. A weaker-than-expected report on U.S. factory activity hurt global equity markets and the dollar on Monday and left investors scurrying for traditional […]
Capital Market
Barclays chief Antony Jenkins declines £2.7m bonus
Antony Jenkins, chief executive of Barclays, has turned down an annual bonus that could have been worth as much as £2.7m, saying it “would not be right” to accept the award. In a statement to the market, Mr Jenkins said he had “respectfully declined” an unspecified bonus awarded to him […]
Oando shares rebound 10 pct on ConocoPhillips deal
Shares of Nigerian energy firm Oando surged 10 percent on Monday after it said it had ended a long wait to secure funds to acquire the upstream oil and gas business of ConocoPhillips in Nigeria. Oando shares, which dropped nearly 30 percent last week, rose 1.86 naira to 21.11 naira […]
