Full list of stories by category All - 2018-01-15

15 Jan

Carillion contracts to be taken in-house or re-tendered, says government

Following the collapse of construction and outsourcing group Carillion, the government said it will take on some contracts and others will be re-tendered to other contractors.

15 Jan

FX round-up: US dollar slides to fresh 52-week low

The US dollar spot index continued to give back ground at the start of the week amid what analysts at UniCredit Research described as a "symphony of factors" conspiring to the advantage of the single currency.

15 Jan

Commodities: Prices approach highest levels in nearly a year

Commodities were higher almost across-the-board and trading at their dearest in almost a year as the Greenback gave back ground.

15 Jan

Sector movers: Both cyclicals and defensives among best performers

Cyclicals and defensives were to be seen on both side of the ledger at the start of the week even as strategists at JP Morgan reiterated their positive view on global equities, especially on Financials.

15 Jan

Europe close: Gains in single currency sap share price strength

Stocks finished on a mixed note, as gains in the single currency sapped equity markets of their strength.

15 Jan

JKX Oil and Gas completes workover of Ukrainian well

Upstream exploration and production company JKX Oil and Gas has successfully completed its workover project on its IG101Z well in Ukraine, the first drilling operation conducted by its local operator since 2015.

15 Jan

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Broker tips: GKN, G4S, Johnson Matthey

Berenberg upped its price target on GKN to 455p from 365p on Monday, sticking with its 'buy' rating as it said it seems inevitable the engineer will end up being owned by Melrose Industries, after it rejected a £7bn bid last week.

15 Jan

Results round-up

Media specialist SpaceandPeople saw strong trading during the final quarter of 2017 that brought total revenue in line with market expectations, but thanks to the mix of revenue from the firm's individual divisions, overall pre-tax profit was anticipated to come in ahead of consensus.

15 Jan

Airbus threatens to 'shut down' A380 production after poor sales

European aircraft giant Airbus would cease production of its A380 superjumbo aircraft if its main customer Emirates did not order any more planes, outgoing sales chief John Leahy said on Monday.

15 Jan

London close: Stocks dip as pound hits fresh post-Brexit vote high

London stocks edged lower on Monday as the collapse of contractor Carillion and the potential repercussions among other listed firms in the sector weighed on investors' minds, even as the pound advanced to a fresh post-Brexit vote high.

15 Jan

Director dealings: Xafinity director buys £120,000 shares after acquisition

John Batting, executive director of pensions consulting and administration business Xafinity, forked out more than £121,000 on Monday to pick up shares.

15 Jan

Orosur Mining profits offset by depreciation and retrenchment costs

South-American focussed gold producer Orosur Mining produced a loss in the three months leading to 31 December, as growing operating profits were wiped out by higher levels of depreciation and costs associated to staff retrenchments.

15 Jan

Medical students are being urged to help relieve the NHS winter crisis

Undergraduates are voluntarily filling labour gaps at the NHS as it struggles to cope with the winter crisis.

15 Jan

Carclo directors depart alongside double profit warning

Shares in plastic components supplier Carclo tanked on Monday morning, as the West Yorkshire-based firm announced that its chairman and finance director had stood down after issuing a profit warning for last year and this.

15 Jan

Sinclair Pharma expects return to profit after revenues jump 20%

AIM-listed speciality pharmaceutical group Sinclair Pharma grew revenues by a fifth over the twelve months ended 31 December, as the effort put toward restructuring its European operations began to bear fruit.

15 Jan

Tuesday preview: UK inflation update, Dunelm, Rio Tinto, Ophir to report

Tuesday will determine whether inflation has exceeded Bank of England of England governor Mark Carney's target for the second month in a row, while January's deluge of retail updates continues on Tuesday with Dunelm, Greggs and JD Sports.

15 Jan