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FTSE 100 movers: Aviva leads the way higher on turnaround strategy

Insurance group Aviva, was leading the risers after it said it is delivering on its turnaround strategy.
[Thu 14:39]

RBS cuts further 1,400 jobs from retail bank

Royal Bank of Scotland (RBS) is axing a further 1,400 jobs from its retail banking head office to slash costs.
[Thu 14:16]

Max Petroleum encounters hydrocarbons in Zhana Makat Field

AIM-listed oil and gas exploration and production company Max Petroleum has reported that the ZMA-E6 development well in the Zhana Makat Field has successfully reached a total depth of 897 metres, encountering hydrocarbons in Jurassic sandstone reservoirs, in line with expectations.
[Thu 14:02]

Glencore Xstrata brings in former BP boss as interim Chairman

Glencore Xstrata has brought in former BP Chief Executive Tony Hayward as its interim Chairman, a source told Reuters.
[Thu 13:56]

Ormonde Mining dips on unexercised option for La Zarza Copper Project

AIM-listed mineral resource company Ormonde Mining has reported that the option period for a possible agreement with the Spanish company Nueva Tharsis SA relating to the potential divestment of the company's interest in the La Zarza Copper Project, has ended with the option not being exercised.
[Thu 13:49]

Sound Oil: first gas delivery from Rapagnano field completed

Sound Oil, the Italian focused upstream oil and gas company, has reported that first gas was delivered from the onshore Rapagnano field to the local gas distributor on May 15th 2013.
[Thu 13:29]

Synthomer gives cautious outlook as demand weakens

Shares in chemicals company Synthomer dropped nearly 10 per cent on Thursday morning after the company said demand in Europe was weaker than anticipated during March and April, driving the overall group performance lower.
[Thu 12:46]

Ophir unveils drilling developments in Tanzania and Ghana

Africa-focused upstream oil and gas exploration company Ophir Energy has strengthened its financial position by raising proceeds of 832.7m dollars via a placing and rights issue during the period from January 1st until May 16th.
[Thu 12:34]

Euromoney posts decline in half year revenues

Euromoney Institutional Investor, the FTSE 250 international online information and events group, saw its shares fall after revenues declined one per cent in the six months ended March 31st.
[Thu 12:28]

Hikma Pharmaceuticals upgrades 2013 revenue outlook

Shares in Hikma Pharmaceuticals rose Thursday after the company upgraded its 2013 revenue growth forecast following a "strong start to the year".
[Thu 12:23]



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