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Total signs first post-sanctions Western energy deal with Iran

November 8, 2016 by · Leave a Comment 

France's Total has signed a deal with Iran to further develop its part of the world's largest gas field, becoming the first western energy company to sign a major deal with Tehran since the lifting of international sanctions earlier this year. Total confirmed on Tuesday it had signed a heads of agreement with National Iranian Oil Company (NIOC) for the Phase 11 development of South Pars in the Gulf, which extends into Qatari waters where it is …

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Total signs first post-sanctions Western energy deal with Iran

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Banks, brokers gird for Brexit-style tumult following Tuesday’s election

November 8, 2016 by · Leave a Comment 

Big global banks, including Morgan Stanley, JPMorgan Chase & Co and Goldman Sachs Group Inc are bracing for potential tumult on financial markets after Tuesday's U.S. election. As a result, Asia-focused banks HSBC and Japan's Nomura Holdings Ltd are among institutions boosting staff levels, while others are raising the margin requirements for trading to cope with a possible spike in volume or volatility. Bank preparations ahead of the …

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Banks, brokers gird for Brexit-style tumult following Tuesday’s election