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Europe open: Basic Resource shares weigh on indices
European stocks began the day moving lower with investors still wary due to the multiple political risks that were still on the table and amid signs of further delays to fiscal stimulus in the States.
MTI Wireless Edge wins irrigation management contract
Flat panel antenna maker MTI Wireless Edge has won a $300,000 irrigation management solution contract.
Sound Energy moving rig to Sidi Moktar
Africa and Europe-focussed upstream gas company Sound Energy announces the mobilisation of a rig to its Sidi Moktar asset, onshore Morocco on Tuesday.
Credit Suisse upgrades PageGroup to 'neutral'
Credit Suisse upgraded PageGroup to ‘neutral’ from ‘underperform’, lifting the price target to 500p from 400p.
LGO Energy confirms production at another well
LGO Energy announced on Tuesday that its second development well, GY-683, in the new drilling campaign on the company's Goudron Field, which was drilled to a total depth of 1,250 feet measured depth and perforated over a 269-foot interval of net oil pay within the Mayaro Sandstone reservoir, was now on production.
Diversified Gas & Oil buys 1,300 producing wells in the US
Diversified Gas & Oil’s $1. 75m acquisition of 1,300 producing wells in the US has completed.
Glaxo JV submits new drug application for shingles vaccine in Japan
GlaxoSmithKline’s joint venture with Daiichi Sankyo Co, Japan Vaccine Co. , has submitted a new drug application in Japan seeking approval for the shingles vaccine, Shingrix.
Zoo Digital to raise £2.58m to reduce debt, stregthen balance sheet
Subtitle provider Zoo Digital is planning to raise about £2. 58m in order to reduce debt and to strengthen its balance sheet.
London open: Stocks edge lower as traders return from Easter break
London stocks edged lower early on Tuesday as traders returned to their desks following the Easter break, with miners and financials pacing the decline.
Wey Education reports maiden profit in first half
Online fee-paying secondary school operator Wey Education announced its unaudited interim results for the six months to 28 February on Tuesday, with turnover increasing 73% to £1. 21m.
Cape wins scaffold contract for new Fadhili facility
Cape’s Kingdom of Saudi Arabia subsidiary, Cape R B Hilton, has been awarded a contract by Nasser S Al Hajri to provide 120,000 km2 of suspended scaffold on the Sulphur Recovery Unit project at Saudi Aramco’s Fadhili Gas Plant.
Amec Foster Wheeler wins new contract with China's GPEC
Amec Foster Wheeler has been awarded a new contract by China Energy Engineering Group Guangdong Power Engineering Co (GPEC), for the design and supply of two circulating fluidized-bed (CFB) steam generator boilers, and technical advisory services.
De Klerk to disembark Flybe for Low & Bonar in October
Exeter-based airline Flybe Group announced on Tuesday that its chief financial officer Philip de Klerk had resigned to take up the position of CFO at AIM-traded materials firm Low & Bonar.
Gem Diamonds appoints Harry Kenyon-Slaney as chairman
London-listed miner Gem Diamonds has appointed Harry Kenyon-Slaney as chairman and a non-executive director, succeeding Roger Davis who will step down at the next shareholder meeting on 6 June.
LGO Energy hails higher oil flow from second Trinidad well
Production has begun at LGO Energy's second well in the Goudron Field in Trinidad at a rate that suggests the company will be able to substantially increase production over the coming year.
London pre-open: Stocks seen lower as investors return from Easter break
London stocks were set for a weaker start on Tuesday following the Easter break, with investors likely to exercise caution amid rising geopolitical tensions.
Daily Mail sells US video sharing website
Daily Mail & General Trust, the owner of the Daily Mail newspaper, has sold its US video sharing platform Elite Daily to Bustle Digital Group for an undisclosed sum.
Ashmore enjoys return to net inflows
Net inflows returned at Ashmore Group in the three months to the end of March as investors regained confidence in emerging markets.
Tuesday newspaper round-up: Inflation, property, RBS, Debenhams
UK households should brace themselves for steeper price rises after a leading accountancy body warned that protecting customers from higher costs is now “unsustainable” for businesses. Inflation has already started to bite with prices up 2. 3pc in the past year as, despite fierce competition pushing retailers to delay price hikes, the weak pound has pushed up the cost of imports. - Telegraph.