Latest News
Clipper Logistics signs eight year deal with Halfords
Value-added logistics solutions and e-fulfilment provider Clipper Logistics announced on Wednesday that it signed a new eight-year contract with Halfords to provide additional warehouse fulfilment and ancillary services from its distribution centre at Danes Way, Daventry.
Pennon drops as Manchester wants out of waste management contract
Utility infrastructure company Pennon was under pressure on Wednesday after the Greater Manchester Waste Disposal Authority confirmed that it was looking to exit its recycling and waste management contract with Viridor Laing.
Broker tips: Aggreko, BP, Burberry
Casting its critical eye over the larger UK business services groups, Morgan Stanley advised clients avoid Aggreko, Berendsen, Adecco and Capita, recommending investors own DCC, AA, Experian and Rentokil instead.
Morgan Stanley downgrades Aggreko, prefers DDD and AA
Casting its critical eye over the larger UK business services groups, Morgan Stanley advised clients avoid Aggreko, Berendsen, Adecco and Capita, recommending investors own DCC, AA, Experian and Rentokil instead.
Rose Petroleum recovers further value-added tax in Mexico
Shares in Rose Petroleum improved as it reported further progress in recovering substantial value-added tax owed to it by Mexico's tax authorities.
Commodities: Crude ahead on hopes of US EIA data confirming oil draw
Crude-oil futures are ahead on Wednesday as traders look ahead to US official data this afternoon they hope will confirm a fall in that country's inventories of the precious black liquid last week.
JPMorgan confirms 'hundreds' of jobs to depart London post-Brexit
US investment bank JPMorgan Chase has confirmed plans to move hundreds of jobs away from London following Britain’s exit from the European Union.
Kuwait Energy plots LSE listing to finance Iraq investment
Kuwait Energy announced its intention to float in London to raise $150m to finance its bid to become the leading independent oil and gas exploration company in the MENA region.
Volga Gas lifts average daily output in April by c.32%
Volga Gas lifted its average production in April to 7533 barrels of oil equivalent per day (boepd), up about 32% from March's average output of 5706 boepd.
StanChart planning Frankfurt subsidiary
StanChart has made plans to set up a subsidiary in Frankfurt to conduct the business it will no longer be able to carry out from its headquarters in London after the UK leaves the European Union.
Project Icewine on track, reports 88 Energy
88 Energy updated the market on Project Icewine, located onshore North Slope of Alaska, on Wednesday, reporting that Icewine#2 drilling operations were on schedule and without incident, and Arctic Fox was drilling ahead in an intermediate hole.
Pieris Pharma rockets after inking deal with AstraZeneca
Pieris Pharmaceuticals shares rocketed after inking a multi-million dollar deal with AstraZeneca to develop drugs to treat respiratory diseases.
US private sector hiring slows more than expected in April
Private sector employment in the US slowed more than expected in April, according to data released by ADP on Wednesday.
Supermarkets sales swell on Easter egg sales, discounter eat further share
Supermarkets enjoyed a £325m spent on Easter eggs over the last three months to help the sector grow at its fastest rate for three and a half years, while shop price deflation eased.
Bonds: Gilts underperform as UK factory sector growth keeps accelerating
These were the movements in some of the most widely-followed 10-year bond yields: US: 2. 28% (-4bp)UK: 1. 09% (+0bp)Germany: 0. 33% (+1bp)France: 0. 82% (-2bp)Italy: 2. 31% (+3bp)Spain: 1. 65% (+1bp)Portugal: 3. 56% (+2bp)Greece: 5. 99% (-35bp)Japan: 0. 02% (+1bp).
German jobs market in rude health in April
Unemployment claims in the Eurozone's largest economy slipped more than expected in April amid what some analysts described as fresh signs that bottlenecks are forming in the country's labour market.
Centamin reiterates full-year 2017 production guidance
Centamin's profits caved in at the start of the year as production declined, but the company reiterated its full-year output guidance on expectations for a recovery in the grade of gold it mines at its main open pit mine and continued high productivity at its underground operations.
Islamic markets can be 'safe haven' during recessions, research says
Investing in Islamic markets could prove to be a wise decision to guard against the impact of financial crises and recession, new research has suggested.
CEPS' shares tumble as goodwill impairment drives FY loss
Shares in CEPS fell more than 10% after investors disliked news of the company's swing to a full-year pre-tax loss on the back of a hefty goodwill impairment.
Carillion hails 'encouraging' start to year
Support services company Carillion said on Wednesday that trading conditions have remained largely stable since its full-year 2016 results in March and it has made a promising start to the year.