Editor's Picks

Filter by:
  • Polymetal to sell Mayskoye gold to Chinese off-takers

    Monday 10 Jun 2013

    Precious metals producer Polymetal has signed two export sales contracts with Chinese off-takers at the Mayskoye gold project, a milestone that will allow the company to start generating free cash flows from its newest mine.

  • AMEC wins 110m-pound contract extension with BG Group

    Monday 10 Jun 2013

    AMEC, the engineering and project management firm, said on Monday that it has been awarded an two-year extension to a contract with natural gas giant BG Group worth 110m pounds.

  • AstraZeneca to acquire Pearl Therapeutics to strengthen respiratory portfolio

    Monday 10 Jun 2013

    FTSE 100-listed global pharmaceuticals group AstraZeneca has entered into a definitive agreement to acquire Redwood City-based Pearl Therapeutics, an update issued by the group has shown.

  • Commodities: Crude boosted by steady job growth in May

    Monday 10 Jun 2013

    Crude oil futures settled 1.3 per cent higher on Friday and scored a weekly gain of over 4 per cent as investors took heart from encouraging May US non-farm payroll data.

  • Monday newspaper round-up: Severn Trent, Japanese growth, BAE...

    Monday 10 Jun 2013

    The international consortium bidding for Severn Trent could walk away from the deal following a number of rejections by the utility group over recent weeks, The Times says, citing sources close to the matter. “If the Severn Trent board does not engage, no further proposals will be made," sources told the paper.

  • Sunday newspaper round-up: ARM Holdings, Lloyds, Bonds

    Friday 07 Jun 2013

    The main threat to ARM Holdings may turn out to be ‘home-grown.’ Imagination Technologies, the British designer of graphics and video microchips for gadgets such as the iPhone is gearing up for a foray into ARM´s main market, making the processors that go into smartphones and other devices. Hence the recent acquisition of US outfit MIPS Technologies, whose architecture, it claims, has advantages

  • Consortium increases offer for Severn Trent

    Friday 07 Jun 2013

    Water utility Severn Trent has received details of an improved cash offer from the LongRiver consortium.

  • Britain's goods trade deficit narrows in April, data shows

    Friday 07 Jun 2013

    Britain’s goods trade deficit shrank in April to 8.224bn pounds from 9.175bn pounds in March, data from the Office for National Statistics revealed on Friday.

  • Broker tips: Aberdeen, Sainsbury, Fuller Smith & Turner

    Friday 07 Jun 2013

    Bank of America Merrill Lynch (BofA) has cut its rating for Aberdeen Asset Management from 'neutral' to 'underperform' following a strong performance so far this year, saying that the stock's premium valuation is unjustified.

  • London midday: Markets lower ahead of non-farm payrolls

    Friday 07 Jun 2013

    Markets were trading in a cautious fashion on Friday morning ahead of the eagerly-anticipated employment report from the States due out this afternoon.

  • London open: Stocks flat as markets nervously await US jobs data

    Friday 07 Jun 2013

    After falling to its worst level in over six weeks, London's FTSE 100 opened broadly flat on Friday morning with investors refraining from building positions ahead of the all-important US jobs report due out this afternoon.

  • BG Group ramps up production offshore Brazil

    Friday 07 Jun 2013

    Natural gas giant BG Group has announced that a third floating production, storage and offloading (FPSO) vessel has come on stream offshore Brazil in the pre-salt Santos Basin as it progresses with its development on the massive BM-S-11 block.

  • Bundesbank cuts German growth forecasts

    Friday 07 Jun 2013

    The Bundesbank cut German growth forecasts and sees risks as lying largely to the downside as the Eurozone recession continues to weaken demand for German exports.

  • Kcom maintains dividend growth despite shrinking sales

    Friday 07 Jun 2013

    Telecoms and internet communications provider Kcom Group hiked its dividend 10 per cent as promised but the top line continued to shrink.

  • Bellway sees demand boost from government's Help to Buy scheme

    Friday 07 Jun 2013

    UK property developer Bellway has said that it has made an 'encouraging' start to its second half as it is seeing strong demand for new homes.

  • Friday newspaper round-up: Apple, G4S, M&S...

    Friday 07 Jun 2013

    The Guardian says that tech giant Apple has been accused of securing preferential terms from mobile operators wanting to offer the iPhone in an attempt to squeeze out competition from rival brands, according to one of the company's former senior executives.

  • London close: Yen fall accelerates as ECB fails to deliver

    Thursday 06 Jun 2013

    Summer trading seems to have gotten off to a rocky start this year. Far from a calm session following Wednesday’s punishment, the Footsie registered another large fall while FX markets where again awash in volatility.

  • London open: Markets pause ahead of BoE and ECB decisions

    Thursday 06 Jun 2013

    Markets opened broadly flat on Thursday morning as traders paused for breath following the heavy sell-off the day before, with all eyes on the Bank of England (BoE) and European Central Bank (ECB) as they prepare to announce their latest monetary policy decisions this afternoon.

  • Europe close: Stocks fall as ECB cuts growth forecast

    Thursday 06 Jun 2013

    ECB slashes 2013 forecast for Europe's economy; Bank of England keeps interest rate unchanged; German factory orders decline; US jobless claims drop

  • Polymetal International strike high-grades at Maminskoye

    Thursday 06 Jun 2013

    Precious metals mining company Polymetal International said it has encountered high-grade intersections at its Maminskoye development project in Russia.

Top of Page