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The UK Budget

Savannah talks Oman sulphide clusters

Sep 01 2014 @ 16:42
Potential Volcanic Massive Sulphide Clusters Identified – Blocks 5&6 Copper Project, Oman Savannah Resources (LSE:SAV) has announced that it has received positive results from the recent reprocessing of a Versa​tile Time Domain Electromagnetic airborne survey originally completed in 2010 at its highly prospective, 870km² Block 5 and Block 6 copper project, located in the prospective...
 

Quotient Limited prices Initial Public Offering

Apr 27 2014 @ 14:09
Quotient Limited (Nasdaq:QTNTU), an established, commercial-stage diagnostics company, has announced the pricing of its initial public offering of 5,000,000 units, each consisting of one ordinary share and one warrant to purchase 0.8 of one ordinary share, at a price of $8.00 per unit. The warrants will be exercisable at an exercise price of $8.80 per […]
 

BP Acquires Full Ownership of Indonesian PTA Joint Venture

Mar 08 2014 @ 05:59
On 28 February, BP completed the purchase of all interests previously held by Japan’s Mitsui Chemicals, Inc. (MCI) and Mitsui & Co. Ltd. (MBK) in PT Amoco Mitsui PTA Indonesia (AMI). For over fifteen years, AMI was a 50/50 joint venture between BP and its partners, producing and marketing purified terephthalic acid (PTA) in the […]
 

Aggreko Powers Up FTSE 100

Oct 28 2013 @ 10:47
The storms may be raging this morning, but Aggreko (LSE:AGK) is powering up the FTSE 100 with a 5.3% increase in its share price, a growth of 83.00 pence per share to 1,600.00. Normally, this is where I would say, as others already have, that the increase comes following Aggreko’s release of its interim results […]
 

Weekly currency roundup – US budget concerns dominate sentiment

Sep 30 2013 @ 11:24
Pound Sterling The Pound began the week softer against the Euro after Angela Merkel won a landslide victory in the German elections. The result was seen as a positive for stability in Europe and sent the Euro slightly higher against Sterling. Disappointing economic data releases for the UK and negative comments from a Bank of […]
 

Weekly Currency Roundup - A Week of Two Halves for the Pound

Sep 20 2013 @ 09:51
Pound Sterling While the Pound began the week trading in the region of multi-month highs against both the US Dollar and Euro, the British asset broadly softened on Thursday as an unexpected decline in UK retail sales dented investor confidence in the nation’s economic recovery. To ask a currency expert a question direct, click HERE […]
 

A Great Day in British Banking History

Sep 17 2013 @ 09:24
The share price of Lloyds Banking Group (LSE:LLOY) declined by 2.88% at midday from its closing price yesterday of 77.36.  The shares are currently trading at 75.13.  This is not a bad thing, considering that the price is holding slightly above the 75 pence that institutional investors spent per share yesterday as the government sold […]
 

Weekly currency roundup – Syria dominated the markets

Aug 30 2013 @ 06:24
Pound Sterling The Pound spent most of the week softer against its peers as concerns over possible military action against Syria was the main driving force behind the markets. Tuesday’s session saw the Pound fall against the Euro following the release of positive data out of the Eurozone and as tensions over Syria saw investors […]
 

Weekly currency roundup – Federal Reserve minutes batter riskier assets

Aug 23 2013 @ 07:45
Pound Sterling The Pound spent most of the week higher against its major peers and on Monday it continued to ride higher against the US Dollar and Euro thanks to last week’s positive economic data releases. House price data released in the afternoon showed that prices had fallen for the first time in six-months in […]
 

Weekly currency roundup – Another week of improvement for the UK and US economies

Aug 16 2013 @ 05:29
Pound Sterling The Pound made a second weekly gain after the UK currency received support from a host of positive economic data releases. On Monday Sterling made gains against the Euro as data showed that British banks increased the number of mortgages being approved .The data added credence to the belief that the UK recovery […]
 
 
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