PRESS DIGEST - Financial Times - July 4

July 4th, 2009
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AFP Journal Internet - Financial Times

How trading from home led to oil spike [at Financial Times]

July 4th, 2009
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Financial Times - The story of what triggered almost $10m (€7m, £6m) of losses on the Brent oil market on Tuesday is still being pieced together, but one thing is clear.

Index suggests return to anaemic growth [at Financial Times]

July 3rd, 2009
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Financial Times - The economy staged a sharp recovery in the second quarter of this year and may have returned to anaemic growth, figures published on Friday suggest.

Defensive mood benefits dollar [at Financial Times]

July 3rd, 2009
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Financial Times - The dollar received a boost this week after investors became a little more uncertain about the prospects for the economy following Thursday's US jobs report.

Crude slips further in holiday trade [at Financial Times]

July 3rd, 2009
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Financial Times - Oil surged to an eight-month high before suffering a sharp reverse as the actions of a rogue trader and a wave of grim economic data provided talking points in what was expected to be a languid, holiday-shortened week.

Europe Gasoline-dips in light trade to $600 a tonne

July 3rd, 2009
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AFP Journal Internet - LONDON, July 3 (Reuters) - European gasoline prices dipped in very light trade on Friday, tracking losses in crude and U.S. gasoline futures.

Nigeria militant trial goes on despite amnesty offer

July 3rd, 2009
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AFP Journal Internet - JOS, Nigeria, July 3 (Reuters) - The trial of top Nigerian oil militant Henry Okah for gun-running and treason continued on Friday despite President Umaru Yar'Adua's order that a top government official meet with him and offer him [...]
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UPDATE 1-E.ON says to cut gas prices by 3.3 pct from Sat

July 3rd, 2009
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AFP Journal Internet - LONDON, July 3 (Reuters) - E.ON will cut gas prices to British customers from Saturday by an average of 25 pounds per year, or 3.3 percent, the company said.

UPDATE 1-Total CEO says Iran South Pars talks at standstill

July 3rd, 2009
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AFP Journal Internet - By Marie Maitre AIX-EN-PROVENCE, France, July 3 (Reuters) - Total's negotiations with Tehran on a multi-billion dollar contract to develop a major Iranian gas field are at a standstill, the head of the French oil major said on [...]
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Mortgage repayments soar to £8.1bn

July 3rd, 2009
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ShareCast - Britain's home owners paid off records amounts from their mortgages in the first three months of 2009 as they rushed to take advantage of lower interest rates.