An icy rain is pelting about 30 protesters who’ve converged at the gate of a natural gas drilling site near Manchester, England. On the other side of a fence topped with razor wire, a 10-story-high rig is boring into shale to determine if it’s suitable for hydraulic fracturing, or fracking. The demonstrators unfurl a banner: “Fracking will poison our children.”
Gemfields Plc, the world’s top emerald producer, is scouring for assets in Colombia where the government is seeking to halt a drop in output and prevent a new mafia war in the country’s colored-gemstone heartland.
European stocks were little changed, with equities posting their biggest monthly gain since July, as Ukraine accused Russia of stoking tension on its territory and data showed U.S. fourth-quarter economic growth slowed more than estimated.
Charles Stanley Group Plc said first- half profit for the period ended Sept. 30 will be lower than a year ago because of the effect of inflation on fixed costs as revenue in its securities unit fell on market volatility and decline.