The oil services sector has performed well recently on the back of the sharper-than-expected rebound in oil prices, but more is needed for the sector to achieve a fundamental improvement in its pricing power versus exploration and production customers, analysts at Exane BNP believe. Indeed, companie
Read moreShares in sugar, sweetener and food ingredients group Tate & Lyle were losing their flavour after analysts at Credit Suisse lowered their rating on the stock from 'neutral' to 'underperform'. Ladbrokes was also trading lower as the bookmaker revealed operating profits were down materially due to cus
Read moreThe decision over the weekend by the People´s Bank of China to cut its reserve requirement ratio for large financial institutional by 100 basis points, twice the usual amount, stoked demand for equities, but failed to ignite buying in industrial metals. Three-month copper futures ended the session w
Read moreEnergy and mining engineering group Amec Foster Wheeler has won a power generation contract for a new power plant in the Philippines. The FTSE 250 company has been tasked with designing and supplying two circulating fluidized-bed (CFB) steam generators for Aboitiz Power´s new power plant. The instal
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