LONDON (Alliance News) - Providence Resources PLC Monday said it has entered into a USD24 million debt facility with US-based lender Melody Business LLC. The Irish oil and gas explorations and appraisal company said it will use the proceeds from the debt facility for general working capital
Read moreLONDON (Alliance News) - Spirits and alcoholic beverage giant Diageo Thursday reported another dip in sales in the third quarter due to further volume declines and weaker Emerging Markets. The world's largest spirits producer, and a major producer of beer and wine, said that organic net sal
Read moreLONDON (Alliance News) - Imperial Tobacco Group Tuesday said it will close factories in Nottingham and in Nantes in France with the loss of up to 900 jobs, in response to the continuing downturn in European cigarette markets.
Companies including GKN, Aggreko and rec
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Aggreko, up 2%. The temporary power supplier is a big gainer after the
LONDON (Alliance News) - Providence Resources PLC Tuesday confirmed that it is in commercial discussions with a number of interested third parties in relation to the development of its Barryroe oil field. The Irish oil and gas exploration and development company said it was confirming the t
Read moreLONDON (Alliance News) - Providence Resources PLC Monday said a major new 3D seismic programme will start offshore southeast Ireland this summer that will take in the company's Drombeg license. In a statement, Providence, which is the operator of Dromberg and has an 80% stake, said Polarcus
Read moreLONDON (Alliance News) - The UK's inflation rate has fallen below the Bank of England's 2% target for the first time in more than four years Tuesday, a decrease that will support governor Mark Carney's recent prediction that the bank's interest rate won't rise for some time to come.
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LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS BHP Billiton, up 1.2%. The Anglo-Australian mining giant has reported an 83% increase in profit for the first half of fiscal
Read moreLONDON (Alliance News) - Providence Resources PLC and Lansdowne Oil & Gas PLC Tuesday said the licence area at their Barryroe Oil Field has been increased after Providence was granted a 180 square kilometre increase in the extent of the standard exploration licence 1/11, which contains the site.<
Read moreLONDON (Alliance News) - Providence Resources PLC Monday said there has been no material change to its ongoing discussions over selling part of its Barryroe oil field. The Irish oil and gas exploration and appraisal company made the release in response to media speculation that the Barryroe
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