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Iraq balks at greater Chinese control of its oilfields

* Iraq persuaded Lukoil to halt sale to Sinopec - sources * Baghdad concerned China becoming too dominant - sources * Western firms not happy with terms of Iraqi deals By Sarah McFarlane and Aref Mohammed LONDON/BASRA, May 17 (Reuters) - Iraq's oil ministry thwarted three prospective deals last year that would have handed Chinese firms more control
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FTSE 100 rises as healthcare, resource-linked gains offset China jitters

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Vodafone jumps as UAE group buys 9.8% stake * Ryanair slides after flagging 'fragile' recovery * Weak China data keeps global sentiment in check * FTSE 100 up 0.6%, FTSE 250 flat (Updates to close) By Sruthi Shankar May 16 (Reuters) - UK's
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London stocks clock weekly gains; defensive shares rise

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Defensive sectors boost FTSE 100 * Sage gains as its first-half profit meets expectations * FTSE 100 up 2.6%, FTSE 250 adds 2.3% (Updates to close) By Bansari Mayur Kamdar and Amal S May 13 (Reuters) - Britain's FTSE 100 rallied on Friday
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UK Stocks-Factors to watch on May 13

May 13 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Friday, with futures FFIc1 up 1%. * SAGE GROUP: British software company Sage SGE.L met market expectations on Friday with a 4% rise in organic operating profit for the six months to end-March and said its margin was expected to trend higher in the second half and beyond. *
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UK Stocks-Factors to watch on May 13

May 13 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Friday, with futures FFIc1 up 0.8%. * BP: BP BP.L shareholders on Thursday backed the energy company's climate strategy, while fewer investors than last year supported a resolution filed by an activist group urging faster action to battle climate change. * Arc Minerals ARCM
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UK's Sunak says he is pragmatic about windfall taxes

LONDON, May 12 (Reuters) - British finance minister Rishi Sunak said he was "pragmatic" about the idea of a windfall tax on the profits of oil and gas companies as a possible way to raise money to provide more help to households facing the strain of higher energy prices. "I'm not naturally attracted to the idea of them (windfall taxes) but what I d
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UK's Sunak says he is pragmatic about windfall taxes

LONDON, May 12 (Reuters) - British finance minister Rishi Sunak said he was "pragmatic" about the idea of a windfall tax on the profits of oil and gas companies as a possible way to raise money to provide more help to households facing the strain of higher energy prices. "I'm not naturally attracted to the idea of them (windfall taxes) but what I d
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Financials and healthcare shares lift FTSE 100

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Renishaw down after engineering firm cuts profit forecast * UK shoppers cut spending as inflation squeeze tightens * FTSE 100 and FTSE 250 both up 0.4% (Updates to close) By Bansari Mayur Kamdar May 10 (Reuters) - Britain's FTSE 100 rose o
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London stocks slide as China growth concerns dent global risk appetite

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Ideagen jumps after it agrees to $1.3 bln takeover offer * Industrial miners down as China's COVID woes dent demand outlook * FTSE 100 down 2.3%, FTSE 250 off 2.6% (Updates to close) By Bansari Mayur Kamdar May 9 (Reuters) - UK shares ende
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Why the EU may find it tough to squeeze out Russian oil

By Rowena Edwards and Bozorgmehr Sharafedin LONDON, May 5 (Reuters) - The European Union has proposed a phased embargo of Russian oil but could find it tricky to implement, given Europe's complex distribution network and challenges in tracking crude once it is blended or refined. The plan, if agreed by member states, would take effect in six months
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Why the EU may find it tough to squeeze out Russian oil

By Rowena Edwards and Bozorgmehr Sharafedin LONDON, May 4 (Reuters) - The European Union has proposed a phased embargo of Russian oil but may find it tricky to implement, given Europe's complex distribution network and challenges in tracking crude once it is blended or refined. The plan, if agreed by member states, would take effect in six months f
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British Business - May 4

May 4 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Former employees of the Bank of England, the institution responsible for controlling inflation, may soon be the only pensioners in the country more than fully insu
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Upbeat earnings, banks lift European shares

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * BP gains after boosting share buybacks * BNP Paribas posts bumper trading revenue * Oil & gas leads sectoral gains By Sruthi Shankar and Shreyashi Sanyal May 3 (Reuters) - European stocks rose on Tuesday after a string of upbeat earnings,
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Energy shares lift London's FTSE 100; miners weigh

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * BP boosts buybacks on soaring energy prices * HSBC up after break-up proposal by top shareholder * FTSE 100 up 0.2%, FTSE 250 off 0.9% (Updates to close) By Bansari Mayur Kamdar and Amal S May 3 (Reuters) - UK's FTSE 100 edged higher on Tu
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No let off to oil prices as Russia barrels disappear from market -BP CEO

LONDON, May 3 (Reuters) - BP does not expect any let off in oil prices in the near term as the volume of Russian oil impacted by Western sanctions was expectd to double, Chief Executive Officer Bernard Looney said. "There is one million barrels a day of Russian crude off the system today... We think that will probably double this month, when existi
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UK Stocks-Factors to watch on May 3

May 3 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Tuesday, with futures FFIc1 down 0.85%. * BP: BP BP.L boosted its share buyback programme after net profit in the first quarter rose to $6.25 billion, the highest in more than a decade on strong oil and gas trading results, even as it took a $24 billion charge after exiting R
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UK Stocks-Factors to watch on May 3

May 3 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Tuesday, with futures FFIc1 down 0.71%. * BP: Oil producer BP BP.L expects output of about 200,000 barrels per day of oil equivalent at its Thunder Horse project in the U.S. Gulf of Mexico by the end of the year, said the company's Senior Vice President for Gulf of Mexico and
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Russia should expropriate West's assets over 'theft' of Russian money - lawmaker

* Russia should confiscate Western property - lawmaker * Biden proposed transferring oligarch money to Ukraine * Russian economy facing severe contraction By Guy Faulconbridge and Lidia Kelly LONDON, May 1 (Reuters) - Russia should confiscate property owned by Westerners in response to a proposal by U.S. President Joe Biden to transfer the frozen a
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India asks state firms to consider buying Russian oil assets

By Nidhi Verma NEW DELHI, April 28 (Reuters) - India has asked state-run energy companies to evaluate the possibility of buying European oil major BP's BP.L stake in sanctions-hit Russian firm Rosneft, two people familiar with the matter said. BP has announced it is abandoning its 19.75% stake in Rosneft. The oil ministry last week conveyed its int
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India asks state firms to consider buying Russian oil assets

By Nidhi Verma NEW DELHI, April 28 (Reuters) - India has asked state-run energy companies to evaluate the possibility of buying European oil major BP's BP.L stake in sanctions-hit Russian firm Rosneft, two people familiar with the matter said. BP has announced it is abandoning its 19.75% stake in Rosneft. The oil ministry last week conveyed its int
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