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Stock Market & Financial Investment News

News Breaks
January 18, 2012
08:18 EDTOGZPY, EONGY, RWEOYGazprom lowers gas prices as position weakens, Bloomberg reports
Russia's OAO Gazprom's (OGZPY) decision to reduce prices for five customers indicates a weakening position for Russia in Europe’s gas market as energy demand slows, reports Bloomberg. The EU buys about 25% of its gas from Russia, usually on fixed-term contracts tied to the price of oil. Reference Link
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May 24, 2013
05:59 EDTEONGY, RWEOYDutch want governments to control Urenco, Reuters reports
The Netherlands is willing to sell its 33% stake in nuclear fuel producer Urenco, but wants governments to retain a majority holding in the firm or keep control over key aspects of its business, the Dutch finance ministry says, reports Reuters. The U.K. also holds a 33% stake, with the remaining third held by German utilities E.ON (EONGY) and RWE (RWEOY). Reference Link

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