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LONDON, June 27 (Reuters) - British energy services company John Wood Group said on Thursday it is on course to deliver "good growth" in the first half and is confident of hitting its forecast for core profit of 15 percent for the year. Turbines division Wood Group GTS recovered from a slug
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The FTSE 100 rebounded strongly on Tuesday morning after falling to a fresh five-month low the day before, as policymakers from China and the US spoke out to downplay fears that have sparked market volatility over recent weeks. Renewed concerns over a slowdown in China and ongoing worries about a s
Read moreUK markets opened with decent gains on Tuesday morning, rebounding after having closed at levels not seen since early January the day before. Renewed concerns over a slowdown in China and ongoing fears about a scaling back of stimulus in the States prompted another steep sell-off across global equ
Read moreWood Group said it has extended one of its longest running projects in the North Sea. The company, which provides engineering and construction services to the oil and gas sector, has lengthened its existing contract with ConocoPhillips for another year for $60m. Wood Group will continue to provide
Read moreFalling commodity prices and rising government bond yields resulted in a sell-off on Tuesday morning, as the recent volatility on equity markets continued, sending the FTSE 100 to a seven-week low. The FTSE 100 was trading around the 6,300 markby midday, the first time it has fallen to this level s
Read moreMarkets opened firmly in the red on Tuesday morning as traders awaited a courtroom battle in which the European Central Bank (ECB) is expected to defend its bond-buying programme. The two-day hearing into the legality of the ECB's Outright Monetary Transactions programme begins today in the German
Read moreMarkets are expected to open slightly lower on Tuesday morning, extending losses made the day before, as traders await a courtroom battle where the European Central Bank (ECB) is expected to defend its bond-buying programme. City sources predict the FTSE 100 will open down 16 points from yesterday
Read moreEnergy services firm Wood Group has signed its first 'life-of-field' contract through an extension of work in the North Sea for AIM-listed Ithaca Energy worth 200m dollars (140m pounds). Wood Group's PSN division (WGPSN), which began working with Ithaca in 2008, will continue to operate and deliver
Read moreBy Sarah Young LONDON, June 10 (Reuters) - Britain said it was launching the first review of the North Sea for 20 years in an attempt to maximise the economic benefits of the country's shrinking oil resources. Britain's Energy Secretary Ed Davey said on Monday the government commissio
Read more* Russian miners Evraz, Polymetal set for FTSE 100 demotion * Travis Perkins and Persimmon could be promoted * Petropavlosk in contention for relegation to small caps By David Brett LONDON, June 10 (Reuters) - Russian companies' exodus from the UK's benchmark share index l
Read moreMarkets were rangebound on Thursday morning as traders awaited announcements from the Bank of England (BoE) and European Central Bank (ECB) on monetary policy. There were just 16 points separating the index's intraday low (6,416) and high (6,432), as markets paused for breath following a heavy sell
Read moreThe oil exploration sector has been battered by profit warnings and a perceived lack of orders in some territories, but John Wood Group is strong in deepwater engineering and in developed economies, while contracts tend to be on a less risky re-imbursable basis. In brief, that is the jist of a recen
Read moreMarkets opened broadly flat on Thursday morning as traders paused for breath following the heavy sell-off the day before, with all eyes on the Bank of England (BoE) and European Central Bank (ECB) as they prepare to announce their latest monetary policy decisions this afternoon. The FTSE 100 lost 2
Read moreMarkets are expected to open lower on Thursday following a dramatic sell-off the day before as traders continue to show caution ahead of the all-important US jobs report tomorrow. City sources predict the FTSE 100 will open down four points from yesterday's close of 6.419. The index dropped a total
Read moreMultinational oil and gas services company Wood Group has landed a contract with The Dow Chemical Company for construction of an ethylene unit in Texas. The group will provide services for construction of around 140 miles of ethane, ethylene, propane and propylene pipelines, associated interconnect
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