Centrica shares among biggest Footsie fallers
London's blue chip index continued to lose ground today despite banking shares being boosted by the news that regulators will give them more time to build up their cash buffers.
London's blue chip index continued to lose ground today despite banking shares being boosted by the news that regulators will give them more time to build up their cash buffers.
Around £10.8billion was added to the value of UK blue chips today as London's FTSE 100 Index leapt to its highest level for nearly two years.
Partners in the northern North Sea Aragon prospect have farmed down their interests in a move that will see it drilled before the end of the first quarter of 2015.
A buoyant Christmas trading update from fashion chain Next ensured a solid session for retailers today as the wider market also climbed further past the 6,000 mark.
North Sea oil firm Sterling Resources has announced a £7.3million bridging loan and it hopes to agree a larger debt facility this month.
The macroeconomic context provides plenty of reasons to be optimistic about the deal pipeline in 2013.
About £33billion was added to the value of UK blue-chip shares today as relief over the US "fiscal cliff" deal sent the FTSE 100 index shooting past 6,000 for the first time since July 2011.
A final-day slip did not prevent the FTSE 100 rising nearly 6% in 2012 in what was a volatile year for London's blue-chip index.
Chinese oil company CNOOC said yesterday it did not expect its £9.6billion takeover of Canadian group Nexen to close until the first quarter of next year at the earliest.
Fears that time has run out for US politicians to hammer out a deal to avoid a so-called fiscal cliff sent world markets into the red once more today.
Stockbroker Redmayne-Bentley says Britain's top share index could reach its highest level since the financial crisis during 2013.
The reality of automatic spending cuts and tax rises in less than a week hit home with markets today after figures showed a slump in US consumer confidence.
World markets slumped into the red today, rattled by fears talks to avoid the US fiscal cliff are in disarray.
Reports of an impasse between US politicians over how to tackle the fiscal cliff led to a stand-off in the world markets today.
Banking shares were in the ascent today despite more grim revelations about the industry.
European stocks climbed today, buoyed by hopes a deal will be found to avert the US fiscal cliff of automatic tax increases and spending cuts.
Aberdeen-based oil and gas exploration firm Parkmead has said it is hoping to raise £15.9million through a new share placing.
Norwegian oil, gas and renewables engineering and construction firm Aibel has been taken over by a Swedish consortium.
Talisman Energy said yesterday it was looking forward to an exciting future in the North Sea after completing the £956million sale of nearly half its UK assets.
European markets lagged behind Wall Street today as speculation over US talks on the looming fiscal cliff continued to drive sentiment.
Transocean has said it has won new contracts or contract extensions amounting to $119million in the past month.
London's leading shares index ended the week moving further away from the elusive 6,000 mark today as it fell into the red on concerns over the US fiscal cliff.
The London market surrendered some of this week's gains today as investors turned their attention to US debt negotiations to avoid the so-called fiscal cliff.
North-east oil explorer Eland Oil and Gas will join a list of the top companies on the Alternative Investment Market (Aim) later this month.
The FTSE 100 Index closed at its highest level since March today as traders bet on more stimulus measures to help the US economy.