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Dip in third quarter production for Melrose Resources

Oil and gas explorer and producer Melrose Resources says that its third quarter production averaged 41m barrels of oil equivalent per day (boepd) with...

London close: Good day for blue chips

Blue chips had a good day buoyed by the response to General Motor's record breaking US float and hopes for a deal in Ireland. Patrick Honohan, the he...

London afternoon: Stocks extend gains

A positive start by Wall Street has given renewed impetus to Footsie's rise this afternoon. As in Europe, stocks are rising in the US on the hope that...

FTSE 250 movers: QinetiQ on the attack

Shares in QinetiQ rocketed as the high-tech defence group shrugged off the squeeze in defence spending to lift underlying interim profits and promise ...

London close: Two-year high for blue chips

Footsie hit a two-year high as investors piled into blue chips after yesterday's larger-than-expected stimulus package unveiled by the US Federal Rese...

London afternoon: Morning's gains consolidated

Since the Bank of England's noon announcement extinguished the small hopes of Britain joining the US in reviving its quantitative easing programme, le...

London midday: Market follows Man higher

After a morning of holding its breath waiting for the Bank of England's pronouncement on quantitative easing, the admittedly small hopes that the Bank...

London open: Shares jump after US launches second stimulus phase

Yesterday's announcement of a second phase of quantitative easing in the US has sent shares soaring. Miners in particular are going well on hopes tha...