News

Shell saves $600m on gas deal with Repsol

Royal Dutch Shell has saved $600m (£362m) on a deal to buy rival Repsol’s liquefied natural gas assets in Trinidad, Peru and Spain. The supermajor had agreed to buy the portfolio for $4.4bn last February, but will now only be spending $3.8bn on Repsol’s LNG work outside of North America.

Fools will follow the famous names

The sixth of our extracts from Motley Fool, the best-selling investment guide

General Re pays pounds 100m for DP Mann

GENERAL RE, the giant US reinsurer being taken over by Berkshire Hathaway, Warren Buffett's (pictured) investment firm, has agreed to buy DP Mann Holdings, a UK insurer, for around pounds 100m.

Eddie faces some tough choices

IF A week is a long time in politics, the last month must seem like an age to the Bank of England's Monetary Policy Committee (MPC). The monetary nine are back from their hols and the world looks a very different place from the way it did when they last met at the beginning of August.

Wells Fargo and Norwest announce pounds 21bn merger

TWO MORE US banks have announced plans to tie the knot, the fourth multi-billion-pound deal in the industry since April.

Personal Finance: Follow the sage and invest in another hobby

The Jonathan Davis column

Biggest isn't best, warns the Sage of Omaha

WARREN Buffett, America's second-richest man and arguably the world's most successful investor, is sceptical about the recent wave of mega mergers between banks and brokers, even though he owns shares in one of the groups affected.

The Midas of middle America finds silver lining in the markets

IN THE NEWS; WARREN BUFFETT

Guru's U-turn keeps market on the alert

WARREN BUFFETT, the legendary US investor who warned last year that American stock prices were too high, appears to have changed his mind and is now saying the market rally has been justified because of low interest rates and the "remarkable" equity returns achieved by companies.

Personal Finance: Follow Buffett into bonds

What a week! New high ground for the stock market. Not just here - but in America, too. It makes you wonder what all the panic was about when Asia was falling about our ears last year.

Buffett polishes the silver

Scott Schnipper and Martin Howell on the metal's return to favour

Buffett caught up in silver price row

Warren Buffett, arguably the world's most famous investor, was plunged into controversy last night after it emerged that a commodity trader which is fighting allegations of manipulation of the silver market brokered deals for the US billionaire.

Business Outlook: Sage of Omaha gets a bit of the Bunker mentality

Warren Buffett makes an unlikely Nelson Bunker Hunt, the last man who tried to corner the silver market. Even so, the Sage of Ohmaha's disclosure that he has amassed 20 per cent of the world's supplies of the Cinderella metal had a predictably electrifying effect yesterday. The London silver price fix was set at its highest level in nearly a decade after shooting through $7 an ounce on the back of overnight Far East trading. As sure as night follows day, copycat buyers will be lured into the market on the basis that what's good for Berkshire Hathaway must be good for them.

Salomon traders sweat

Analysts expect merger to cost up to 1,500 jobs. David Usborne reports from New York

Warren Buffett has never had a bad year, so when he sells it is time to watch out

The Jonathan Davis Column Reports this week that the famous American investor Warren Buffett has been selling some of his shares and has been buying $10bn of zero coupon bonds instead are the kind of development that every investor ought to stop and ponder hard.

Take an interest in catastrophe

The next earthquake to hit California could send shock waves through the portfolios of bond investors, if a new kind of investment known as catastrophe bonds catches on.
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Pompeii, Capri & the Bay of Naples
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Prices correct as of 30 January 2015
As in 1942, Germany must show restraint over Greece

As in 1942, Germany must show restraint over Greece

Mussolini tried to warn his ally of the danger of bringing the country to its knees. So should we, says Patrick Cockburn
Britain's widening poverty gap should be causing outrage at the start of the election campaign

The short stroll that should be our walk of shame

Courting the global elite has failed to benefit Britain, as the vast disparity in wealth on display in the capital shows
Homeless Veterans appeal: The rise of the working poor: when having a job cannot prevent poverty

Homeless Veterans appeal

The rise of the working poor: when having a job cannot prevent poverty
Prince Charles the saviour of the nation? A new book highlights concerns about how political he will be when he eventually becomes king

Prince Charles the saviour of the nation?

A new book highlights concerns about how political he will be when he eventually becomes king
How books can defeat Isis: Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad

How books can defeat Isis

Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad
Judith Hackitt: The myths of elf 'n' safety

Judith Hackitt: The myths of elf 'n' safety

She may be in charge of minimising our risks of injury, but the chair of the Health and Safety Executive still wants children to be able to hurt themselves
The open loathing between Barack Obama and Benjamin Netanyahu just got worse

The open loathing between Obama and Netanyahu just got worse

The Israeli PM's relationship with the Obama has always been chilly, but going over the President's head on Iran will do him no favours, says Rupert Cornwell
French chefs get 'le huff' as nation slips down global cuisine rankings

French chefs get 'le huff' as nation slips down global cuisine rankings

Fury at British best restaurants survey sees French magazine produce a rival list
Star choreographer Matthew Bourne gives young carers a chance to perform at Sadler's Wells

Young carers to make dance debut

What happened when superstar choreographer Matthew Bourne encouraged 27 teenage carers to think about themselves for once?
Design Council's 70th anniversary: Four of the most intriguing prototypes from Ones to Watch

Design Council's 70th anniversary

Four of the most intriguing prototypes from Ones to Watch
Art should not be a slave to the ideas driving it

Art should not be a slave to the ideas driving it

Critics of Tom Stoppard's new play seem to agree that cerebral can never trump character, says DJ Taylor
Bill Granger recipes: Our chef's winter salads will make you feel energised through February

Bill Granger's winter salads

Salads aren't just a bit on the side, says our chef - their crunch, colour and natural goodness are perfect for a midwinter pick-me-up
Michael Calvin: Time for Old Firm to put aside bigotry and forge new links

Michael Calvin's Last Word

Time for Old Firm to put aside bigotry and forge new links
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk