Latest News
14 Mar
cairn energy
Cairn Energy posts better-than-expected year-end net cash

Cairn Energy continued to guide towards submission of its development plans for the SNE and Nova developments in the first and second half of 2018, while maintaining its guidance for capital outlays on development and exploration and appraisal at its North Sea developments, Kraken and Catcher.

13 Mar
Gold bars
Commodities: Precious metals glitter amid retreat in risk appetite

Commodities found a bid on Tuesday, amid dollar weakness following an in-line print on consumer prices Stateside earlier in the session and a generally 'risk-off' tone in markets after the White House announced that the Secretary of State had been asked to step down.

13 Mar
Evraz, steel manufacturing
Director dealings: Evraz finance chief bails out with shares at record high

Evraz finance director Nikolay Ivanov let go of a batch of shares at the start of the week, just as the shares rose past some of the most aggressive forecasts from analysts.

13 Mar
prudential pru
Wednesday preview: Chinese data, Prudential, Morrison in focus

Another reading on US inflation, this time on factory gate prices, will share the market spotlight on Wednesday with a batch of first-tier indicators due out from the People's Republic of China.

13 Mar
Results round-up

AIM-listed alcohol wholesaler and distributor Conviviality was under pressure again as it confirmed that adjusted earnings for the current year will come in between £55. 3m and £56. 4m, 20% below market expectations.

13 Mar
Broker tips: Inmarsat, Lloyds, Countrywide

Morgan Stanley hailed Inmarsat's decision to axe its dividend payout by almost two-thirds, but warned clients the company's debt pile was set to continue growing.

13 Mar
ep veneno toxico
Russia won't respond to ultimatum until given access to substance used in poisoning

Russia wants access to the substance used to poison former spy Mr Skripal and his daughter on 4 March before it answers Theresa May’s ultimatum to give "a credible response" by the end of Tuesday or face consequences.

13 Mar
Palestinian prime minister survives bomb attack in Gaza

Ramdi Hamdallah has suffered a bomb attack on his convoy in his first visit to the Gaza strip in five months.

13 Mar
Credit Suisse reiterates 'underperform' rating for Countrywide after 'flawed strategy'

Analysts at Credit Suisse maintained their ‘underperform’ recommendation for shares of Countrywide on Tuesday, citing a range of negative factors which were expected to bear down on the share price.

13 Mar
Sector review: Food producers down as Glencore warns of UK softness

The food producers sector was the worst performing in London on Tuesday, as the FTSE 100 ended over 1% lower.

13 Mar
Europe close: US dollar weakness takes its toll on shares

Stocks finished near their session lows as news of changes at the top of the US Department of State percolated through markets, pushing the single currency higher as market participants tried to guess at the potential implications of the move.

13 Mar
traders. trade. finance
London close: Stocks shrug off Chancellor to slip on sterling spike

London stocks were knocked back into the middle of last week on Tuesday after a the market shrugged at the Chancellor's spring statement but was unsettled by another sacking in the White House.

13 Mar
XLMedia's acquisition strategy pays off with strong 2017 growth

Digital marketing services company XLMedia reported growth in profits for 2017 on Tuesday, after acquisitions boosted revenues.

13 Mar
FTSE 100 movers: Direct Line downgrade hits rivals, yields hit life insurers

London's blue chips stocks were heading lower on Tuesday afternoon, as the pound rose and yields fell.

13 Mar
Satellite, space, communications
Morgan Stanley says Inmarsat dividend won't be covered by free cash flow until 2021

Morgan Stanley hailed Inmarsat's decision to axe its dividend payout by almost two-thirds, but warned clients the company's debt pile was set to continue growing.

13 Mar
sirius potash polyhalite
Alba completes aerial photography for Greenland project

Mineral exploration and development company Alba Mineral Resources has completed a georeferenced orthophoto and digital elevation model across its Greenland project on Tuesday.

13 Mar
coins currency investment insurance business finance company
Gresham Technologies pleased with Clareti performance in 2017

Transaction control and enterprise data software and services company Gresham Technologies announced its results for the year ended 31 December on Tuesday, with group revenues up 26% to £21. 7m.

13 Mar
Active Energy to create Polish 'super fuel' under new joint venture

Biomass based renewable energy and forestry management business Active Energy has signed a joint venture agreement with Polish research, development and coal recovery and production company Cobant, it announced on Tuesday.

13 Mar
canada, canadian flag
Eagle Eye tech to power big Canadian loyalty programme expansion

Customer connection software-as-a-service provider Eagle Eye announced on Tuesday that Loblaw Companies - Canada's largest retailer - has a new relationship with Imperial to expand the PC Optimum programme.

13 Mar
philip hammond, chancellor
OBR commentary pours cold water on 'Tigger-like' Hammond

The Office for Budget Responsibility's spring report shows that Philip Hammond's upbeat statement that there is "light at the end of the tunnel" for the UK economy after years of austerity is based almost entirely on an improved global economy rather than any domestic improvement.