19 Jan
Oil rig in Algeria, oil & gas, energy
Global Petroleum to start farmout process on Namibia interest

AIM-listed Global Petroleum Limited on Friday said shortly commence it would start a farmout process on its Namibian interests.

19 Jan
Prospex, United Oil soar on Italian gas discovery

Shares in Prospex Oil & Gas and United Oil & Gas soared on Friday as the companies announced a significant commercial gas discovery at the Podere Maiar appraisal well in the Po Valley region of Italy.

19 Jan
Macron says UK must pay for access to single market after Brexit

French President Emmanuel Macron said Britain would not gain access to EU markets, including lucrative financial services, unless it paid for them.

19 Jan
funeral cemetery death
Dignity issues profits warning as funeral price war intensifies

Funeral provider Dignity issued a profits warning on Friday as it said 2018 results would be slammed by a price war in the sector.

19 Jan
Carpetright, retailing, carpets, floor coverings
Carpetright shares floored by second profits warning as Xmas sales plunge

Shares in flooring and beds specialist Carpetright plunged on Friday as the company issued another profits warning and reported trading in its important post-Christmas period “significantly behind expectations”.

18 Jan
Wall street america US USA signs
US close: Stocks end session lower on back of weaker industrials

Fears of a partial government shutdown saw US stocks close lower on Thursday as weaker industrials also weighed on investors.

18 Jan
FTSE 250 movers: AA stalls on broker note; NewRiver keeps rolling along

Shares in motor rescue and insurance group AA were under the cosh on Thursday as Barclays retained its 'overweight' stance on the group but slashed the price target to 200p from 270p as it lowered its 2019 EBITDA forecasts.

18 Jan
housing, property, construction, building
Barratt Developments in JV with Swindon Council

Barratt Developments and Swindon Council on Thursday said they had formed a joint venture to develop approximately 250 hectares of land with around 2,670 new homes over the next 20 years.

18 Jan
Whitbread warns tough UK trading conditions brewing

Pubs-to-coffee shop group Whitbread said third quarter group sales rose 0. 3% in tough market conditions, adding that the harsher UK environment and inflation would pose challenges in the year ahead.

18 Jan
May, Macron hold talks as UK pledges £44m on Calais security

French President Emmanuel Macron arrived in the UK for a summit with Prime Minister Theresa May on Thursday as Britain announced an extra £44. 5m to increase Channel border security.

18 Jan
extreme defenestration   geograph org uk   643568
Affordable housing threatened by office conversions - LGA

Allowing developers to convert offices into housing without planning permission was “detrimental” to local communities and reduced affordable home availability, the Local Government Association (LGA) said on Thursday.

18 Jan
balfour beatty gold coast rapid transit project full
US tax cuts boost Balfour EPS by 4%, says Numis

The boost from US tax cuts should provide a 4% earnings per share boost at infrastructure construction specialist Balfour Beatty, broker Numis said on Thursday.

18 Jan
cbcarillion4 short
UK taxpayer to foot £200bn bill for PFI projects - NAO

The UK taxpayer will be on the hook to the tune of £200bn into the 2040s under private financing deals even if no new projects are agreed, the government's spending watchdog said on Thursday.

18 Jan
balfour beatty
Balfour Beatty sees positive impact from US tax cuts

Balfour Beatty said US President Donald Trump's tax cuts will result in a one off £20m non-cash credit from the revaluation of US deferred tax liabilities.

18 Jan
onshore windfarm
TRIG buys Irish onshore windfarm for €72m

The Renewables Infrastructure Group (TRIG) on Thursday said had bought the 41. 2 megawatt Irish Clahane wind farm and its 13. 8mw extension for €72m.

18 Jan
tritax big box marks and spencers m&s
Tritax Big Box buys distribution centre for £36m

Real estate investment trust Tritax Big Box REIT on Thursday said it had bought a distribution centre in Cheshire for £36m.

18 Jan
bhp billiton, mining
BHP looking to offload US shale oil unit

Mining giant BHP said it was looking at offloading its US shale oil business either a trade sale, demerger or public offering.