Hollie Cooke

27 Flips | 2 Magazines | @HollieCooke | Keep up with Hollie Cooke on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Hollie Cooke”

Oil prices are closing in on their lowest levels in a decade

The single biggest factor in oil prices for the last year has been the pitched battle between OPEC and US shale producers. Each faction has been pumping unsustainably massive amounts of oil out of ground in the hopes that the other would cut production (and market share) once crude became too cheap.<p>…

Oil

See T-Mobile’s CEO and Donald Trump fight on Twitter

One of the most colorful US chief executives and one of the most colorful presidential candidates just had a run-in on Twitter, and it wasn’t pretty.<p>In a way, the two are made for each other. T-Mobile US CEO John Legere’s public persona includes profanity-laced speeches and long hair and leather …

Donald Trump

New Cold War: US, Russia fight over Europe's energy future

WASHINGTON (AP) — The United States and Russia are once more locked in what could be a generation-defining conflict, and Europe is yet again the core …

A Spotify IPO this year is looking less likely—which is good news for Spotify

Spotify could be putting off an IPO for another year.<p>According to the Wall Street Journal, the Swedish-based streaming music service is working with Goldman Sachs to raise $500 million from private market investors, suggesting the company won’t need to turn to the public markets anytime soon. …

Spotify

The Fiscal Risks of Low Oil Prices in Mexico

The sharp decline in oil prices over the past few months has put oil-producing countries like Mexico in a difficult position. At the time of writing, the Mezcla Mexicana (Mexican Mix), which is normally priced lower than Brent or West Texas Intermediate, is below the $40-per-barrel mark, a level it …

Tesco cuts range by 30% to simplify shopping

By reducing number of products from 90,000, supermarket will be able to cut prices and improve availability on its shelves<p>Tesco’s new boss Dave Lewis is pulling up to a third of products off its shelves as it calls time on policy that left shoppers baffled by a choice of up to 90,000 products on …

Cheap energy drives down eurozone inflation

The EU statistics office, Eurostat, reported Friday that consumer prices in the 19 countries using the euro had fallen 0.6 percent on a year-to-year …

A Greece debt deal can be done with Syriza - it’s tricky, but possible

The day after Syriza’s victory in Greece, financial markets are sanguine. The euro wobbled but then recovered. The Greek stock market fell, but not sharply. Markets seem to believe that Greece’s creditors and Alexis Tsipras’ party can reach a compromise deal.<p>The outline of an agreement on debt is …

Telecom network spending seen rising this year amid 4G boom

PARIS/STOCKHOLM (Reuters) - Europe’s telecoms equipment makers look set for an unpredictable year because of consolidation among their operator customers and a slowdown of buildouts of faster mobile networks, known as 4G, in the United States and China.<p>A commuter uses his mobile phone in New York, …

Telecoms

McDonald's Venezuela faces French fries shortage

A contract dispute involving dock workers on the West Coast of the USA has led to a shortage of fries in McDonald's outlets in Venezuela.<p>Over 100 …

Oil Prices Force Russia Into Evasive Action

Russia will have to rewrite its budget after oil prices have cost the government $21 billion in the last few months alone.<p>The budget redo is good news for investors worried that Russia might, in a worse case scenario, default on its debts. While that is out of the question, according to moderate …

Bank of England's Carney says will look beyond oil price drop

LONDON (Reuters) - Bank of England Governor Mark Carney on Friday played down the risk that Britain could fall into a deflationary trap, saying it was best to look through falling oil prices at a time when British wages are growing.<p>Mark Carney, Governor of the Bank of England, gestures during the …

Economics

Starbucks' profits soar 82% in final three months of 2014

Chestnut praline lattes and Teavana teas helped return the froth to Starbucks over the festive season as like-for-like sales rose by 5% worldwide, allaying concerns that the coffee chain had gone off the boil.<p>Howard Schultz, chairman and chief executive, described the results for the 13 weeks to 28 …

Npower announces gas price cut

Critics say cuts by the big six are meagre compared with savings they will realise on the back of falling wholesale prices<p>Npower has become the fourth major energy supplier to announce a cut in gas prices but its chief executive suggested it might have gone further were it not for the threat of a …

Russia's Lukoil is preparing for $25 oil, says CEO Alekperov

Commerzbank says the current period of respite on the oil market could come to an abrupt end.<p>OAO Lukoil, Russia's second-largest crude producer, has …

Death of Saudi Arabia's King Abdullah roils oil market

King Abdullah, Saudi Arabia’s long-time ruler, died Thursday at the age of 90, according to state media reports.<p>His death immediately raised …

As Greece prepares to vote, a new age of Eurozone tension begins

This article is published in partnership with Time.com. The original version can be found here.<p>By Simon Shuster @shustry,<p>Last May, during a …

Increasing Global Connectedness Through Trade and Investment

On the heels of the President calling on Congress during the State of the Union to grant him trade promotion authority "to protect American workers, with strong new trade deals from Asia to Europe that aren't just free, but fair," it is worth noting a fascinating study released recently on global …

Russia details bank recapitalisation scheme

MOSCOW (Reuters) - Russian banks with at least 25 billion roubles (261 million pounds) in capital and willing to increase lending to key sectors of the economy will be able to participate in a 1 trillion rouble (10 billion pounds) recapitalisation plan, Russia announced on Friday.<p>Russia's Finance …

Russia

Mobile network Three to buy O2 in £10bn deal

O2,Business,Telecommunications industry,Telecoms,Technology,Mergers, acquisitions and funding,Mergers and acquisitions,UK news<p>Consumer experts warned that if the takeover went ahead, millions of mobile phone customers in the UK could face higher bills for calls and data<p>Asia’s richest man is poised …

Sports Direct owner Mike Ashley takes £85m punt on Debenhams

Sportswear tycoon Mike Ashley has capped a week of deal-making by taking a bet that the share price of department store chain Debenhams will rally.<p>The Sports Direct chain controlled by the billionaire owner of Newcastle United football club said on Friday night it had agreed a so-called put-option …

FXCM options activity surges after Swiss shock

NEW YORK (Reuters) - Losses from the surprise move by the Swiss National Bank nearly crippled brokerage FXCM FXCM.N, but all the attention has resulted in a surge of activity among options traders on the online forex broker.<p>Swiss one franc coins are seen in this illustration picture taken in Zurich …

Trading

Lloyd's CEO: Cyber attacks cost companies $400 billion every year

Lloyd’s, the British insurance company, is known for specializing in obscure risks. When civilians finally push off into space, they will likely be …

Li Ka-shing offers private equity a slice of O2 tie-up

Hutchison Whampoa expects to fund the biggest ever UK takeover by a Chinese buyer with a £6bn loan and selling a minority stake to investors<p>Hutchison Whampoa has offered private equity firms the chance to own up to a third of the UK’s biggest mobile operator as part of its plans to finance a …

The Swiss National Bank Is The First Casualty Of The Modern Global Currency War

But with major shifts in monetary policy under way, the currency war is hardly over and the front lines will move to other countries.<p>"The Swiss central bank was the first to throw itself into the currency war, (and) it is the first to capitulate," said Christopher Dembik, an economist at Saxo …

Supermarket price wars leave 100 suppliers facing insolvency

The ongoing price wars between Britain's major supermarkets could prove disastrous for food suppliers, with a new report saying that the continuous …

John Laing to raise £130m through London listing

Infrastructure investment group has confirmed it will return to the public markets in a flotation that could see it valued at up to £1bn<p>Infrastructure investment business John Laing Group has confirmed it will list on the London Stock Exchange as it seeks to raise around £130m to fund new …