Peter Higgs wins Nobel prize for his work to find the God particle October 8, 2013 BRITISH scientist Peter Higgs and Francois Englert of Belgium won the Nobel Prize for physics yesterday for predicting the existence of the Higgs boson particle, which explains how elementary matter attained the mass to form stars and planets. The insight has been hailed as one of the most important in the understanding of the cosmos. [...]
Victrex posts rise in full-year sales October 8, 2013 High-performance polymers manufacturer Victrex yesterday reported a slight rise in full-year sales to 2,920 tonnes from 2,904 tonnes last year. The firm said it made good progress in the industrial and transport sectors, but this was offset by lower sales in the electronics market. “Looking ahead to our new financial year, whilst we remain mindful [...]
Kentz awarded Qatargas contract October 8, 2013 FTSE 250 construction firm Kentz yesterday said it has won a contract with Qatargas, the Qatari liquefied natural gas producer. Under the agreement, Kentz will support the management of an expansion project over the next three years. No deal value was disclosed but analysts estimate it is worth in excess of $50m (£31.1m). “This year [...]
Nighthawk third quarter output rises October 8, 2013 Aim-listed oil explorer Nighthawk yesterday said third-quarter production from two of its projects in Colorado rose to 1,528 barrels of oil per day (bopd), compared to an average of 631 bopd in the second quarter. “The third quarter of 2013 was a very productive period for Nighthawk, with successful drilling and record production at Arikaree [...]
Menthols axed as EU votes for smoking rules October 8, 2013 MENTHOL cigarettes will be banned by 2022 and cigarette packet health warnings increased to cover 65 per cent of packaging according to new EU health rules voted on yesterday. The European Parliament voted to water down the European Commission’s proposed tobacco directive which included an immediate ban on menthol cigarettes and health warnings covering 75 [...]
Competition Commission orders Cineworld to sell three cinemas October 8, 2013 CINEWORLD has been told it must sell three of its cinemas in Aberdeen, Bury St Edmunds and Cambridge by the Competition Commission (CC) following an investigation triggered by Cineworld’s purchase of the Picturehouse chain. “The CC has concluded that the acquisition could lead to a substantial lessening of competition in the three areas where Cineworld [...]
Four arrested in Britain over Silk Road trade October 8, 2013 BRITAIN’S new crime body has overseen the arrest of four men suspected of being significant users of Silk Road, the anonymous online marketplace used to buy illegal drugs and criminal services that was shut down by US authorities last week. The new National Crime Agency (NCA) said yesterday the four suspected drug offenders were detained hours [...]
Customers choosing extra home services boosting Telecom Plus October 8, 2013 TELECOM Plus, the FTSE 250 utility supplier that trades under the Utility Warehouse brand, saw its stock price soar yesterday as it reported strong growth in its half year ending 30 September, accelerated by customer numbers increasing 17 per cent in its second quarter. Telecom Plus’ second quarter was boosted by 55 per cent of [...]
Analyst Views | What did you make of Telecom Plus’ half year financial results? October 8, 2013 JAMES TETLEY | N+1 SINGERThe shares have been soft in recent weeks, hindered no doubt by commentary around proposed retail energy price controls after the next general election, which we believe Telecom would be largely insulated from by its supply arrangements. We expect the shares to recover on today's update. ANDREW DARLEY | FINNCAPWe push [...]
Bakers in a duff up over muffins October 8, 2013 CAKE wars have broken out in the Square Mile after everyone’s favourite mermaid-logoed coffee chain Starbucks launched an ingenious new tasty treat – mashing up a muffin and a doughnut to create something called a “duffin”. The Seattle-based coffee giant likes the slightly disturbing portmanteau so much that its supplier has trademarked the name. The [...]