IN BRIEF: Ferrexpo CEO to resign, chair and CFO will replace

Ferrexpo PLC - Switzerland-headquartered iron ore company with assets in Ukraine - Jim North, chief executive officer to step down from role after nine years...

Tue, 02/05/2023 - 09:18


TOP NEWS: BP swings to first-quarter profit, launches share buyback

BP PLC on Tuesday said it began 2023 strongly, swinging to a profit in the first quarter as revenue ticked up and impairments were significantly...

Tue, 02/05/2023 - 08:59


TOP NEWS: UK house prices edge up month-on-month in April

The average UK house price increased by 0.5% month-on-month in April, following seven consecutive falls, according to an index on Tuesday.

Nationwide Building Society, which released...

Tue, 02/05/2023 - 07:53


Kibo Energy makes progress in pilot tests for biofuel projects

Kibo Energy PLC said on Tuesday it has made ‘significant progress’ in pilot tests for its biofuel projects in southern Africa.

The Galway, Ireland-based company...

Tue, 02/05/2023 - 07:36


BHP completes acquisition of Oz Minerals for A$9.60 billion

BHP Group Ltd on Tuesday said it had completed its acquisition of Oz Minerals Ltd in a deal valued at A$9.60 billion, around $6.44 billion....

Tue, 02/05/2023 - 06:56


TOP NEWS: HSBC announces buyback as first-quarter profit triples

HSBC PLC on Tuesday announced the reinstatement of a quarterly dividend and a $2 billion share buyback programme amid surging first-quarter profit.

In the first...

Tue, 02/05/2023 - 06:28


TOP NEWS: US manufacturing sector grows for first time in six months

The US manufacturing sector returned to growth in April, according to the latest data from S&P Global on Monday.

The seasonally adjusted S&P Global US...

Mon, 01/05/2023 - 15:22


Petrofac inks new EPC contract for Lithuanian refinery upgrade

Petrofac Ltd on Friday said it had won an engineering, procurement and construction lump sum contract from ORLEN Lietuva, as it continues to support a...

Mon, 01/05/2023 - 13:20


Aquila Energy Efficiency swings to profit; announces dividend

Aquila Energy Efficiency Trust PLC on Monday said it would be paying shareholders a dividend, after swinging to an annual profit.

Aquila Energy is a London-based...

Mon, 01/05/2023 - 11:17


Astellas Pharma to acquire Iveric Bio in $5.9 billion deal

Japanese pharmaceutical company Astellas Pharma has agreed to buy US company Iveric Bio for about $5.9 billion, representing $40 per share in cash.

The purchase price...

Mon, 01/05/2023 - 06:09


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