
A non-executive of Griffin Mining has added to his already large stake in the company with an additional 350,000 shares. Adam Usdan, who joined the company earlier in the year and is also a founding shareholder of the company, now holds 29.14m shares in the group, equal to a 16.3% interest. The pur
BP and ExxonMobil could be caught up in the escalating trade war between Russia and the West today when a fresh round of economic sanctions are announced. Rosneft and Gazprom, the state controlled energy companies, and others in the energy sector will be targeted and could be prevented from drilling
B&Q and Brico Depot owner Kingfisher saw shares jump after replacing its chief executive as it reported flat profits due to currency volatility, although it said the buoyant UK housing market had lifted demand for DIY products. Housebuilder Barratt Developments was higher after it pledged to return
B&Q owner Kingfisher cheered investors with upbeat results but is still facing challenges to turn itself around, according to Hargreaves Lansdown. Kingfisher, which also owns French DIY chains Brico Depot and Castorama, on Wednesday reported flat profits of £364m due to currency translation and said
London's FTSE 100 had erased earlier losses and was trading in positive territory by Wednesday lunchtime, helped by decent gains from Kingfisher, Barratt Developments and precious metal stocks. However, upside was being limited by falls from Sports Direct and a host of blue chips that went ex-divide
* Veronique Laury to succeed Ian Cheshire as CEO by Jan. 2015 * Cheshire, CEO since 2008, says it is right time to step down * Posts flat first half pretax profit of 364 mln stg * Strong Q1 offset by weaker Q2, August trade picked-up * Shares rise up to 4.6 pct (Adds CEO