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By: Callum Keown

Reporter at City A.M. covering banking, markets and insurance

All 359 Articles
  • Prospex confirms first gas production in Romania as it becomes revenue generating

    September 17, 2018

    Oil and gas investment firm Prospex has announced its first gas production in north east Romania, turning it into a revenue generating company. Gas from its Bainet field will be sold to the national grid for €6 per million cubic feet and production has started at 700,000 cubic feet per day. Shares in the Alternative [...]

  • Prospex confirms first gas production in Romania as it becomes revenue generating

    September 17, 2018

    Oil and gas investment firm Prospex has announced its first gas production in north east Romania, turning it into a revenue generating company. Gas from its Bainet field will be sold to the national grid for €6 per million cubic feet and production has started at 700,000 cubic feet per day. Shares in the Alternative [...]

  • Slug and Lettuce owner toasts World Cup and Be At One acquisition after record quarter

    September 17, 2018

    Slug and Lettuce owner Stonegate has reported a record a quarter due to the World Cup and said growth would continue after acquiring a portfolio of Be At One cocktail bars. The company, which also owns Walkabout and Yates said it sold 4.5m pints over the course the tournament, with a peak of 367,000 during [...]

  • Slug and Lettuce owner toasts World Cup and Be At One acquisition after record quarter

    September 17, 2018

    Slug and Lettuce owner Stonegate has reported a record a quarter due to the World Cup and said growth would continue after acquiring a portfolio of Be At One cocktail bars. The company, which also owns Walkabout and Yates said it sold 4.5m pints over the course the tournament, with a peak of 367,000 during [...]

  • Google rival Pricesearcher among private firms to join stock exchange capital-raising scheme

    September 17, 2018

    Nine “ambitious” private companies, including a potential search engine rival to Google, have been selected to join the London Stock Exchange's capital-raising programme. The stock exchange has this morning added another cohort of companies to its ELITE programme, which gives fast-growing private firms access to expertise and investors. Pricesearcher – an unbiased search engine for [...]

  • Google rival Pricesearcher among private firms to join stock exchange capital-raising scheme

    September 17, 2018

    Nine “ambitious” private companies, including a potential search engine rival to Google, have been selected to join the London Stock Exchange's capital-raising programme. The stock exchange has this morning added another cohort of companies to its ELITE programme, which gives fast-growing private firms access to expertise and investors. Pricesearcher – an unbiased search engine for [...]

  • Hong Kong and China face losses of $120bn as typhoon causes devastation

    September 17, 2018

    Hong Kong and China could be hit with economic losses of more than $120bn (£91bn) as Typhoon Mangkhut reached the mainland yesterday and devastated the region. The super typhoon became the strongest storm of the year yesterday as its ripped through the Philippines, where 49 people were confirmed dead, and reached Hong Kong. Skyscrapers swayed [...]

  • Hong Kong and China face losses of $120bn as typhoon causes devastation

    September 17, 2018

    Hong Kong and China could be hit with economic losses of more than $120bn (£91bn) as Typhoon Mangkhut reached the mainland yesterday and devastated the region. The super typhoon became the strongest storm of the year yesterday as its ripped through the Philippines, where 49 people were confirmed dead, and reached Hong Kong. Skyscrapers swayed [...]

  • Hedge funds circle Kier as construction giant “under shadow of Carillion”

    September 16, 2018

    Hedge funds that made millions from the collapse of Carillion have turned their attentions to Kier as it prepares to shed light on its cost saving plan. The construction giant will reveal details of its streamlining and efficiency programme, alongside its yearly results, later this week. Short-sellers have built a 17.3 per cent short position [...]

  • Hedge funds circle Kier as construction giant “under shadow of Carillion”

    September 16, 2018

    Hedge funds that made millions from the collapse of Carillion have turned their attentions to Kier as it prepares to shed light on its cost saving plan. The construction giant will reveal details of its streamlining and efficiency programme, alongside its yearly results, later this week. Short-sellers have built a 17.3 per cent short position [...]

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