Market Pulse
Gulf Marine Services wins new small-class vessel contract
Gulf Marine Services, a provider of self-propelled, self-elevating support vessels for the offshore energy industry, announced the award of a new contract for one of its small-class vessels in the Gulf Cooperation Council (GCC) region on Tuesday.
Genel Energy shares slide after losing arbitration hearing
Shares in Genel Energy were sliding on Tuesday morning, after the London Court of International Arbitration ruled in favor of the Kurdistan Regional Government (KRG) late on Monday over the termination of the Bina Bawi and Miran production sharing contracts.
Galliford Try wins two new London contracts worth £87m
Construction group Galliford Try announced on Tuesday that it has been awarded two commercial contracts in London with a combined value of £87m.
London open: Stocks gain as investors mull retail sales figures
London stocks rose in early trade on Tuesday, taking their cue from strong gains in Asia, as investors mulled the latest UK retail sales data.
Derwent London buys remaining share of 50 Baker St
Derwent London announced the acquisition of the remaining 50% stake in its 50 Baker Street W1 project from joint venture partner Lazari Investments on Tuesday, for £44. 4m, equating to £370 per square foot of the consented floor area.
HgCapital announces sale of Dext Software
HgCapital Trust announced the sale of bookkeeping automation solutions provider Dext Software to accountancy, education management, HR, and payroll specialist Iris Software Group on Tuesday.
Ryanair traffic jumps 11% in November
Budget airline Ryanair reported an 11% jump in passenger numbers for November on Tuesday.
SSP full-year profits rise despite weakness in Continental Europe
Upper Crust and Ritazza owner SSP reported a jump in full-year profit and revenue as good performances in North America and the UK helped to offset a disappointing performance in Continental Europe.
London pre-open: Stocks seen up; retail sales in focus
London stocks were set to rise at the open on Tuesday as investors mulled the latest UK retail sales data.
Tuesday newspaper round-up: Jaguar, Thames Water, Elon Musk
The US has announced new export restrictions targeting China’s ability to make advanced semiconductors, drawing swift condemnation from Beijing. Washington is expanding efforts to curb exports of state-of-the-art chips to China that can be used in advanced weapons systems and in artificial intelligence. – Guardian.