News

31/01/2014

The construction industry will create nearly 200,000 new jobs over the next five years as demand for new homes fuels a boom in the sector. With mortgage availability easing as schemes such as the Government’s Help to Buy take full ef... Read More

29/01/2014

(Reuters) - Boeing Co posted a 26 percent increase in quarterly profit, helped by a rise in commercial aircraft deliveries. The company earned $1.23 billion (743.11 million pounds), or $1.61 a share, in the fourth quarter, up from $978 million... Read More

28/01/2014

Jan 28 (Reuters) - Eurasia Drilling Company , Russia's largest provider of onshore drilling services, said on Tuesday it expected full-year revenues of between $3.4 billion and $3.5 billion, in line with last year due to high drilling activity... Read More

27/01/2014

TAIPEI (Reuters) - Taiwan's Foxconn Technology Group, the major supplier of Apple Inc's iPhones and iPads, may build high-tech factories in the United States and low-cost plants in Indonesia as the appeal of 'made in China&nb... Read More

24/01/2014

(Reuters) - Honeywell International Inc reported higher-than-expected fourth-quarter profit and revenue on Friday, as sales grew across its major segments. The diversified U.S. manufacturer of aerospace parts and climate control systems said n... Read More

22/01/2014

The Cheshire-based company, which comprises Oliver Valves, Oliver Valvetek and Oliver Twinsafe, supplies its products to multinationals, including Petrobras, Shell, ExxonMobil, Chevron and BP. The company experienced a surge in orders last... Read More

21/01/2014

HELSINKI (Reuters) - British engineering company Rolls-Royce is expected to make a public offer on the Finnish ship and power plant engine maker Wartsila , a newspaper reported on Tuesday, citing unnamed investors. Rolls-Royce could offer at l... Read More

20/01/2014

LONDON (Reuters) - Royal Dutch Shell said on Monday it had agreed to sell stakes in a gas project in Western Australia for $1.14 billion (693.47 million pounds) as part of the oil company's drive to improve return on investment. Shell is s... Read More

17/01/2014

This year could prove to be pivotal for the future of the UK oil and gas industry, a new report has concluded. Wood Mackenzie's annual review argued improvements in exploration success and production performance were crucial to ensuring th... Read More

16/01/2014

America's shale gas revolution will have a radical impact on the global economy, with the consequent cut in the US trade deficit transforming the dynamic with China, BP’s top economist has said. Unveiling the oil giant’s Wo... Read More

15/01/2014

Toshiba is to take a controlling stake in a nuclear firm planning to build three power plants in Cumbria. The Japanese company - best known for its electronics business - has agreed to buy 60% of NuGeneration, which is owned by France'... Read More

14/01/2014

(Reuters) - Total is set to become the first major oil company to invest in Britain's nascent shale gas industry, boosting the industry's profile in a country seen as one of Europe's strongest prospects for unconventional oil and ... Read More

13/01/2014

European aircraft maker Airbus beat US rival Boeing with record sales and orders last year but came second in terms of finished airliners delivered, figures from the company showed on Monday. Airbus said that in 2013 it took 1,503 net ord... Read More

09/01/2014

HELSINKI, Jan 9 (Reuters) - Finland's Wartsila on Thursday confirmed Rolls-Royce had approached it with a preliminary proposal for an offer, but said the discussions had been ended. "We confirm that there are no longer ongoing discuss... Read More

08/01/2014

COPENHAGEN (Reuters) - A.P. Moller-Maersk has agreed to sell substantial stakes in Denmark's largest retailer and a department store chain, as the shipping and oil conglomerate slims down to boost performance. Maersk said on Tuesday it was... Read More

06/01/2014

LONDON, Jan 6 (Reuters) - Construction group Balfour Beatty has won a 154 million pound ($253 million) contract to convert London's Olympic stadium into a facility that will be the permanent home for West Ham United Football Club. The... Read More

02/01/2014

UK manufacturing PMI lower than expected but still showing signs of 'robust' growth New orders helped Britain’s manufacturing sector to see 'robust' growth again in December, although the overall rate was slower than econ... Read More