European Markets Higher On Chinese Data

A strong rebound in energy prices is the power house for the global rally which kicked off last night over in US, and the same optimism filtered into European markets. WTI is back above the 200 day mo...

Peabody seeks bankruptcy protection

The crisis in coal mining has claimed its biggest victim yet as Peabody Energy filed for bankruptcy protection on Wednesday after being ground down by high debt levels, low prices and falling demand. ...