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Latest News
13 Feb
chemicals
Itaconix shares tumble after revenue growth comes slower than hoped

Chemicals business Itaconix saw revenues double in its recently wrapped up trading year, but still failed to turn a profit of any sort.

13 Feb
lgo
Mayan Energy kicks off production at Texas asset

AIM-quoted oil and gas exploration firm Mayan Energy has initiated production at the Gilbreath #19 well at Forest Hill Field in Texas, collecting 55 barrels of oil during the first 24 hours of operation.

13 Feb
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13 Feb
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Europe midday: Stocks struggle to make headway

European shares struggled to make headway on Tuesday, despite positive finishes overnight on Wall Street and in Asia as fears of a weaker US start spooked investors.

13 Feb
banque-d-angleterre-boe
London midday: Stocks flat even as pound rallies on inflation data

London's top-flight index was hovering around the flat line by midday on Tuesday, even as the pound rallied after inflation came in higher than expected for January, increasing expectations that the Bank of England will hike interest rates in the spring.

13 Feb
new york stock exchange, nyse, markets, wall street. photo: herval
US pre-open: Stocks heading lower again after two upbeat sessions

US futures pointed to a downbeat session on Wall Street on Tuesday following two days of gains, as investors looked ahead to key inflation data due on Wednesday.

13 Feb
ep calculadora
Interserve accounts come under close watch from Cabinet Office

Interserve is coming under particularly close attention by the government after the collapse of rival contractor Carillion, according to new reports.

13 Feb
Oil & gas rig worker, energy, drilling
Mosman Oil picks up steam on US operations

Shares in Australian exploration and production firm Mosman Oil & Gas rocketed ahead on Tuesday after it announced that its USA assets had all begun to generate increased cash flow thanks to production improvements, lower costs and higher oil prices.

13 Feb
handshake-deal
Treasury approves appointment of new FSCS chair

The Bank of England's regulatory arms on Tuesday have tapped up a former RBC Capital Markets and State Street banker to take the role of chair of the Financial Services Compensation Scheme.

13 Feb
bandera eeuu usa america
US small business optimism improves more than expected in January - NFIB

Small business optimism in the US improved more than expected in January, according to data released on Tuesday.

13 Feb
bahamas
Faroe Petroleum fully funded for developments

Aberdeen based company Faroe Petroleum reported on Tuesday that it is fully funded for ongoing developments following a significant divestment.

13 Feb
aldi checkout tills discounters prices inflation
Stronger UK inflation increases pressure for BoE rate hike

UK inflation in January was higher that the market expected and keeps the prospect of a Bank of England interest rate hike in play over the coming months.

13 Feb
Oil and gas drilling in India
SDX Energy jumps as Egypt drilling looms, Moroccan operations stall

AIM-quoted oil and gas explorer SDX Energy gave investors an update on its North African operations on Tuesday, announcing that while things in Egypt had picked up speed, its Moroccan project had been stalled due to a faulty rig.

13 Feb
road, cars
Pendragon surges as investors welcome in-line results after tough time

Profit at car dealership Pendragon dropped nearly 20% in the year to 31 December 2017 as operating margins declined and new vehicle revenue slid, but after a profit warning from the group in October and amid more general car market woes, investors were relieved that the numbers were in line.

13 Feb
craneware
Craneware in 2 US contract wins

Medical billing software company Craneware said on Tuesday it had won two “significant” new contracts with hospital providers in the US. The value of the contracts was not disclosed.

13 Feb
london aldgate british land
Sumitomo Mitsui signs lease for three floors at British Land's Broadgate development

British Land said on Tuesday that Sumitomo Mitsui Banking Corporation Europe - a subsidiary of Japan's Sumitomo Mitsui Banking Corp - has signed a 20-year lease for the first three floors of the Liverpool Street redevelopment at Broadgate.

13 Feb
morrison store, morrisons, supermarket
Morrisons agrees Channel Islands wholesale deal with Sandpiper

Morrisons has struck a long-term commercial agreement with the leading operator of retail outlets in the Channel Islands.

13 Feb
ep creuer tui discoveryportroses
Tui shares fly to new heights after strong first quarter

Tour operator Tui jetted off to a strong start for its financial year with sales and underlying earnings both much improved on last year, sending its shares to fresh highs.

13 Feb
RWS Holdings says first quarter trading in line

Language, intellectual property support services and localisation provider RWS Holdings said on Tuesday that first-quarter trading has been in line with expectations.

13 Feb
oilfield
Eland reports positive progress at Opuama

Oil and gas production and development company Eland Oil & Gas updated the market on the Opuama-8 and Opuama-9 wells in licence OML 40 on Tuesday.