-
Iran Oil Kingpin's Hedge Fund Preparing to Shut London Office
A hedge fund that’s said to be part of a network overseen by Iranian oil trader Hossein Shamkhani has told its London employees that the firm will go into liquidation, according to people familiar with the matter. Ocean Leonid Investments Ltd. wrote to staff this week that due to license restrictions the company will have to halt its operations in the UK capital, said the people, who requested anonymity as the matter is private. The people, who were informed of the decision by letters and phone calls, said most of Ocean Leonid’s assets and liabilities are concentrated in the United Arab Emirates, but some funds ... (full story)
- Comments
- Subscribe
-
- Older Stories
From channelnewsasia.com|Nov 28, 2024Oil prices were mixed on Friday following a potential renewal of supply risk as Israel and Hezbollah traded accusations of ceasefire violations, and as a delay to an OPEC+ meeting ...
From bbc.com|Nov 28, 2024In Canada’s oil-rich province of Alberta, there is a deep sense of unease over President-elect Donald Trump's threat to impose a 25% tariff on Canadian goods. Canadian politicians ...
From breakingthenews.net|Nov 28, 2024Mexican President Claudia Sheinbaum in her daily morning briefing expressed confidence that a tariff war with the United States can be avoided. "There will be no potential tariff ...
-
- Newer Stories
From oilprice.com|Nov 28, 2024The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Wednesday, after falling ...
From breakingthenews.net|Nov 29, 2024The seasonally adjusted industrial production index in Japan observed a monthly increase of 3% to land at 104.3 in October. Compared to the same month in 2023, the figure went up ...
From bnnbloomberg.ca|Nov 29, 2024Oil was steady as traders watched for any further clues to OPEC+’s production plans after it delayed a key virtual meeting by four days. Brent crude traded near $73 a barrel after ...
- Story Stats
- Posted: Nov 28, 2024 11:13pm
- Submitted by:Category: Energy Trading NewsComments: 0 / Views: 89
