Brent crude oil price hits one year high of $53.50 boosted by Opec production cut deal optimism October 10, 2016 The price of Brent crude oil hit a one-year high this afternoon, rising to $53.50 a barrel. Brent crude oil price over the past 12 months (Source: Bloomberg) The price of US benchmark West Texas Intermediate (WTI) was also trading up, rising by 2.6 per cent to $51.11 a barrel this afternoon – a four month high. [...]
Twitter share price dips 13 per cent before the bell as bidders lose interest October 10, 2016 Twitter's share price is down 13 per cent in pre-market trading today, following reports that previously interested parties had abandoned their bid plans. Bloomberg reported over the weekend that Salesforce, Alphabet and Walt Disney had decided against proceeding with offers for Twitter – despite all three consulting with banks about potentially acquiring the microblogging site. Twitter had [...]
SolGold shares jump 13 per cent as it knocks back BHP Billiton offer October 10, 2016 Aim-listed miner SolGold said today it is recommending shareholders vote against an offer from BHP Billiton – causing its share price to rocket 12.6 per cent. The group revealed BHP offered $30m (£24m) for a 10 per cent stake in SolGold, implying a value of $0.22 per share. The stock is currently at $0.1869. BHP [...]
WANdisco announces another boardroom shakeup as it appoints new non-exec director and interim finance SVP October 10, 2016 WANdisco's share price was up 7.4 per cent at the open after the company announced another boardroom shakeup this morning. The software developer has appointed William Grant Dollens as non-executive director. Dollens, 37, is currently managing member at Global Frontier Investments, a US-based investment manager, and portfolio manager for Global Frontier Partners, a shareholder in WANdisco. [...]
Commuters facing disruption to and from Moorgate station until 10am October 10, 2016 Commuters are facing rush hour disruption this morning, with delays on services in and out of Moorgate station in the City. National Rail said a broken down train between Drayton Park and Moorgate is causing delays of up to 30 minutes to trains to and from Moorgate. Some services to the station will be amended to start and [...]
Mitie boss Ruby McGregor-Smith will be replaced by former Cable and Wireless boss Phil Bentley when she steps down in December October 10, 2016 Outsourcing group Mitie has announced that chief executive Ruby McGregor-Smith will step down before the end of the year. She will be replaced by Phil Bentley when she leaves the firm on 12 December. Bentley is joining the company in November and will work with McGregor-Smith to "ensure an effective transition including with clients, employees, [...]
He said, he said: Watch Ukip’s Mike Hookem defend himself against accusations of punching Steven Woolfe October 7, 2016 Ukip MEP Mike Hookem has denied punching party colleague Steven Woolfe, after reports the two engaged in a fight at the European Parliament in Strasbourg yesterday. Woolfe was hospitalised after collapsing at the parliamentary building, and Ukip leader (technically) Nigel Farage said it followed an 'altercation' at a meeting of MPs. "I deeply regret that [...]
Twitter shares are down 20 per cent in pre-market trading October 7, 2016 Twitter's share price has dropped by 20 per cent in pre-market trading. The social network's stock has been all over the place this week – first soaring on rumours of takeover interest from an array of companies including Google and Disney. However, as takeover talk cooled, the share price nosedived, tumbling by 16 per cent [...]
Ukip’s Steven Woolfe says party colleague ‘came at me and landed a blow’ October 7, 2016 The European Parliament has launched a disciplinary inquiry into an altercation between Ukip MEPs yesterday, which left one of the party's leadership candidates in hospital. Ukip MEP Steven Woolfe has accused party colleague Mike Hookem of punching him at the European Parliament in Strasbourg yesterday. Woolfe was taken to hospital yesterday afternoon after he collapsed following an [...]
The Bank of England is investigating the overnight drop in sterling October 7, 2016 Mark Carney has asked the Bank for International Settlements (BIS) to investigate the cause of a sharp fall in the value of the pound in overnight trading in Asia. BIS, often dubbed the central banks for central banks, has global control for the currency markets, though with no hint of wrongdoing, it is unclear exactly how far [...]
