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Cairn Energy reports 'very encouraging' results from offshore Senegal well
Oil and gas explorer Cairn Energy reported that it received “very encouraging” appraisal results from its offshore well in Senegal.
Victrex buys polymer manufacturer to explore 3D priniting
Polymer maker Victrex has bought Zyex, a manufacturer of polyetheretherketone (PEEK) based fibres for the aerospace, automotive and industrial markets, for £10m in order to explore 3D printing capabilities.
Thursday newspaper round-up: Tesco, Akzo Nobel, Poor productivity
Tesco is cutting night shifts for shelf stackers in some of its biggest supermarkets in a fresh shakeup that puts 3,000 jobs at risk. The UK’s biggest retailer said the consultation process with night workers in the 69 impacted stores would begin this summer. As part of the changes, eight stores will stop trading round the clock, while other roles will be eliminated by plans to merge customer service counters with lottery and tobacco kiosks. - The Guardian.
London pre-open: Stocks seen lower after Fed minutes
London stocks were expected to open lower on Thursday, taking their cue from the US, where indices ended in the red after the Federal Reserve minutes revealed the central bank was ready to start cutting its balance sheet before the end of the year.
Ferrexpo's production falls in first quarter amid maintenance and upgrades of pellet lines
Ferrexpo reported a decline in iron ore pellet production during the first quarter of 2017 as a result of scheduled pellet line maintenance in the first two months of the year.
easyJet's passenger numbers rise 10.6% in March
Budget airline easyJet reported 10. 6% increase in passenger numbers for March.