News

30/10/2012

Hitachi, the Japanese energy and engineering company, has agreed to buy Britain’s nuclear project Horizon for an estimated £700m in a deal which could create up to 12,000 jobs in the country. The venture was put up for sale by Germ... Read More

30/10/2012

MOSCOW, Oct 30 (Reuters) - Russian state-owned industrial and defense vehicle Russian Technologies is to buy 35 airplanes from U.S. aerospace company Boeing Co for $3.5 billion, the companies said in a joint statement on Tuesday. Boeing h... Read More

25/10/2012

Hess Corp said it has agreed to sell its interest in the Beryl area fields in the North Sea and the Scottish Area Gas Evacuation System to Royal Dutch Shell for $525m (£327m). The Beryl fields, located northeast of Aberdeen and oper... Read More

24/10/2012

Singapore Airlines  is ordering five more Airbus A380 superjumbos and 20 A350s in a deal worth $7.5 billion, the leading Asian carrier said Wednesday. Deliveries for the firm orders are due to begin in 2017, SIA said in a statement. &... Read More

19/10/2012

BP is plotting a new future in Russia through a major stake in Rosneft - but there are fears over how it can hold sway with the state-controlled giant. In January last year, BP chief executive Bob Dudley unveiled a sweeping strategic alliance ... Read More

17/10/2012

The british motoring company synonymous with motor racing has put itself up for sale. The company had been waiting to test the market with a flotation, but the owners have now instructed UBS to find a buyer for the business renowned for being ... Read More

04/10/2012

LONDON (ShareCast) - Plexus the oil and gas engineering services business, has won a four-year contract to supply equipment to Brunei Shell Petroleum. The value of the initial contract is estimated to be worth approximately two million... Read More

02/10/2012

British marine and defence services group Babcock International has maintained a strong order book of £13bn in "buoyant" conditions. Both civil and military markets have remained strong as customers "seek increased efficie... Read More

02/10/2012

Wolseley the world's largest trade distributor of plumbing and heating products and a leading supplier of building materials -- reported its results for the year ended 31 July 2012 this morning. Revenue of the ongoing businesses was 5... Read More