Burnt out: Ageing oil fields in the North Sea look very vulnerable and could face early closures and accelerated moves to decommission them

Shouting to be heard over an Arctic blast, Alistair Hope points out a dozen oil platforms, some nearby, their gas flares illuminating a heavy North S(...)

Albert Frère made his riches by buying up steelmakers in the 1950s and 1960s. Photograph: Pascal Le Segretain/Getty Images

Albert Frère, Belgium’s richest man and chief executive of Groupe Bruxelles Lambert, is to step down from the group he helped turn into Europe’s secon(...)

The European Central Bank headquarters in Frankfurt. Futures rose amid investor optimism that a weaker-than-forecast inflation report bolstered the case for the ECB to begin quantitative easing. Photograph: Ralph Orlowski/Reuters

European stocks ended higher despite paring gains in late trading, and futures rose amid investor optimism that a weaker-than-forecast inflation re(...)

Out Thursday: Marks & Spencer trading update. Photograph: Chris Radburn/PA Wire
For your diary

TODAY Indicators: Euro zone Sentix investor confidence (Jan); US Total vehicle sales (Dec); German CPI (Dec). TOMORROW Results: Leeds Group. Indicator(...)

Bank of Ireland climbed 2.21 per cent to 32.4 cents. Volumes were decent, with 292 million shares changing hands

Markets bounced back from an earlier slide as hydrocarbon and mining stocks regained some momentum following increases in oil and metals prices.Hopes(...)

Aer Lingus: the national airline closed up 1.6 per cent at €1.85 while rival Ryanair continued its strong recent run, closing up 0.5 per cent at €9.457

A drop in the value of oil and gas companies sent European stocks down for a third day after OPEC said it sees demand for crude in 2015 at the weakes(...)

BP said in October that about $1 billion to $2 billion may be cut from the $24 billion to $26 billion of planned capital expenditure in 2015

BP has forecast about $1 billion of restructuring charges through next year as it overhauls its operations amid the crash in oil prices. “The simplifi(...)

In London Marks & Spencer lost 3 per cent amid signs that the retailer’s recently overhauled online service has been struggling to cope with Christmas demand

The latest signs of weakness from the Chinese economy spooked investors during a dismal start to the week for European markets.Mining stocks came und(...)

In London, Tesco rose 2.1 per cent to 173 pence. Traders shrugged off news that Britain’s Serious Fraud Office was launching a probe into accounting errors at the supermarket retailer. Photograph: Rui Vieira/PA Wire

European stocks rose for the second day as investors weighed better-than-expected results from companies including Total and Schneider Electric and s(...)

A visitor passes a logo of the British multinational oil and gas company, BP during the 21st World Petroleum Congress in Moscow recently. Photograph: EPA

Oil and gas producers BP and BG Group both reported a fall in third-quarter profits yesterday, in part due to the drop in the oil price. Crude has dr(...)