News

23/08/2012

LONDON firm Costain posted a rise in revenues and profits in the first half, helped by a strong showing in its infrastructure business. Revenue was up 2% on the previous year to £477.9m, while profits rose over 50% to £15... Read More

23/08/2012

LONDON, Aug 23 (Reuters) - British building materials group SIG Plc announced more cost cuts to compensate for falling volumes across its European markets and said it was looking to a muted recovery in the UK's construction sector next year. ... Read More

21/08/2012

Think different was the company slogan. Now Apple can emphatically show the value in doing so. Fuelled by the phenomenal success of the iPad and iPhone, the technology giant has officially become the most valuable company in the world - ever. ... Read More

21/08/2012

Asia focused marine services firm James Fisher hauled in strong half year earnings growth following robust demand from specialist technical, particularly in Asia and Africa. Underlying profit before tax rose to £17.1m for the six mo... Read More

21/08/2012

LONDON, Aug 21 (Reuters) - British energy services firm John Wood Group said it saw an improved performance at its pipeline maintenance unit, where contract delays in Oman have ratcheted up losses and weighed on its shares. Losses in Oman... Read More

15/08/2012

Ukraine has approved a joint offshore exploration bid led by ExxonMobil and Royal Dutch Shell to unlock oil and gas reserves deep under the Black Sea, the Financial Times reported on Wednesday. The newspaper cited three people familiar with th... Read More

15/08/2012

 * H1 pretax profit 154 mln stg vs 138 mln stg yoy * Order book of 15 bln stg, vs 15.2 bln stg yoy * Says remains on track to meet FY exepctations Balfour Beatty, Britain's largest construction company, said first-half underly... Read More

15/08/2012

Aug 15 (Reuters) - Interserve Plc said first-half profit rose about 8 percent on strong growth in its support services business and the British support services and building company reiterated its full-year outlook. The company, whose services... Read More

13/08/2012

Around 40pc of British companies have brought production operations back on shore amid views that the UK is economically and physically the safest place to do business. A survey by the Engineering Employers Federation (EEF) found that two-fift... Read More

09/08/2012

 The new chief executive of Cobham wants to increase the aerospace and defence component maker’s exposure to commercial markets after it reported a dip in profits. Bob Murphy, who joined Cobham from BAE Systems seven weeks ago,... Read More

09/08/2012

Rio Tinto has become the second FTSE 100 miner in as many days to blame falling commodity prices for a slump in revenues and profits. Record  first-half sales from Rio's Pilbara iron ore mines in Western Australia failed to ... Read More

09/08/2012

The Government has welcomed a series of investments by oil and gas companies that will launch a new research centre and, it is claimed, will create thousands of jobs. Six separate announcements were made, including plans for new oil and g... Read More