Russia open to oil freeze talks
Moscow is willing to discuss the possibility of freezing oil production if prices fall further.
Moscow is willing to discuss the possibility of freezing oil production if prices fall further.
The local market has jumped more than 0.7 per cent, led by banking optimism.
The local unit is seen holding up better than expected, as the greenback rebounds.
The London FTSE has led gains in early trade, as investors continue to cheer BoE stimulus.
Friday’s gains, led by energy stocks, have failed to turn the bourse positive for the week.
The casino operator has disappointed expectations for a swing to profit, despite cutting costs.
The local unit was trading higher ahead of the Bank of England’s policy meeting.
The local market has closed in the black, as crude oil prices pushed energy stocks sharply higher.
The local unit was higher in early afternoon, despite disappointing retail trade numbers.
The miner has still managed to meet analyst expectations, while further reducing its debt.
Original URL: https://www.theaustralian.com.au/author/amber-plum/page/54