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LONDON (Alliance News) - John Wood Group PLC Tuesday said it has secured two major contract extensions in Africa worth USD250 million. The oil services company said it has secured a five-year contract extension to provide its services in central Africa, worth more than USD140 million. The c
Read moreLONDON (Alliance News) - UK shares have opened higher Tuesday, as Unilever and SABMiller have released results and trading statements in line with expectations.
Peel Hunt has issued ratings on the property sector, cutting Great Portland Est
Markets are expected to open slightly higher on Tuesday morning, building on gains made yesterday when the FTSE 100 hit a fresh eight-month high. It was a rather lacklustre session for financial markets across Europe on Monday given that Wall Street was closed for Martin Luther King Jr. Day. Today,
Read moreWood Group's PSN business has won two significant contract extensions in Africa, worth a collective 250m dollars. The largest, which is worth more than $140m, is a five-year extension on a 2006 contract to provide operations, maintenance and construction management services for asset facilities in
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* Deal set to be completed in second half of 2014 * Amec says will help more than double revenues in growth regions * Acquisition would end drought of big deals in sector By Brenda Goh LONDON, Jan 13 (Reuters) - British oil and gas engineering firm Amec has agreed to buy S
Read more(Corrects Foster Wheeler share price to dollars from pence in 14th paragraph) By Brenda Goh LONDON, Jan 13 (Reuters) - British oil and gas engineering firm Amec has agreed to buy Swiss-based rival Foster Wheeler for 1.9 billion pounds ($3.13 billion), the first sizeable acquisition in
Read more- Miners limit gains after weak economic data - Services PMIs from China, UK, Eurozone and US weaken - RSA rises, UBS says takeover and break-up still possible - Retailers in focus ahead of updates techMARK 2,792.25 +0.13% FTSE 100 6,730.73 0.00% FTSE 250 16,049.30 +0.18% UK markets ended flat on
Read more- UK, Eurozone, China services PMIs ease - Markets rangebound, little changed by midday - Takeover and break-up of RSA possible, says UBS - Retailers in focus ahead of sales updates techMARK 2,795.09 +0.23% FTSE 100 6,731.24 +0.01% FTSE 250 16,063.40 +0.27% The FTSE 100 was little changed on Monda
Read more- Services PMIs on tap, Chinese data weakens - RSA leads financials higher - Retailers in focus ahead of trading update, M&S falls techMARK 2,787.71 -0.03% FTSE 100 6,727.98 -0.04% FTSE 250 16,028.46 +0.05% UK markets opened broadly flat on Monday morning with gains in the financial sector offset
Read moreWood Group has been awarded an engineering and design contract offshore Newfoundland and Labrador. The energy services group's Mustang Canada arm will provide the detailed engineering and design of an integrated topsides facility as part of the White Rose extension project. The group's production
Read more- Stocks trading within narrow range ahead of Fed - Fed decision due at 19:00 London time - BoE votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a-half-year low techMARK 2,697.26 +0.47% FTSE 100 6,492.08 +0.09% FTSE 250 15,366.70 +0.12% Markets finished b
Read moreOnline gambling group bwin.party surged on Wednesday after saying that trading in the final quarter was in line with management's expectations. The firm also said that the outlook for 2014 remains positive, with new product launches, continued mobile expansion, prospects for further growth in the US
Read moreThe oil equipment and services sector was battered by read-across from a profit warning at French company Technip. A Tuesday evening update from the group fed market angst about a slowdown in capital investment by the oil majors, mentioning that operating margins in its sub-sea unit will be "except
Read moreShares in European oil services companies drop sharply for a second day in a row after both Technip and Petroleum Geo-Services issue profit warnings, echoing a similar warning on Tuesday morning from French seismic surveying group CGG, as major oil companies push back orders. Shares in Tech
Read moreSports Direct pile-it-high-sell-it-cheap business model is not very innovative, but they are very good at it. Over the last year the company has seen its share price rise by 76 per cent, staff received a 78,000 pound bonus each and first half sales increased by no less than 24 per cent. Naturally, t
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