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  • Serica Energy boss still open to mergers as oil and gas industry faces ‘rocky road’

    September 19, 2023

    Serica Energy is still open to merger and expansion opportunities in the North Sea, confirmed the oil and gas producer's boss.

  • Drax’s share price shows signs of recovery as biomass audit looms

    September 18, 2023

    Drax's share price has recovered from last week when the National Audit Office confirmed it will assess the government's biomass strategy.

  • Oil prices continue rally amid OPEC cuts with $100 per barrel in sight

    September 18, 2023

    Oil markets have consolidated last week's hefty gains, with growing expectations of a widening supply deficit this year.

  • The WTF economy: Why latest UK GDP figures only add to the confusion

    September 13, 2023

    Nicholas Hyett, investment analyst at Wealth Club, said the UK's economy was like the "hokey cokey". So what's going on?

  • Wickes on track to hit guidance for year despite near 40 per cent fall in profit

    September 12, 2023

    Wickes has said it continues to trade in line with expectations after recording a 0.7 per cent uplift in revenues to £827.7m, despite a near 40 per cent slide in profits before tax. The London-listed DIY and home improvement retailer was bolstered by sales in its Do It For Me (DIFM) offering, with sales up [...]

  • G7 price cap restrains Russian oil revenues but Kremlin still finding buyers

    September 6, 2023

    Price caps on Russian oil and gas have managed to drive down oil revenues and keep prices in check for consumers, experts suggest.

  • Exclusive: Women’s rugby set for invitational Champions Cup final

    September 4, 2023

    This year’s Champions Cup rugby finals weekend is set to include an invitational women’s fixture for the first time as European chiefs look to take advantage of the growth in the game, City A.M. can reveal. Gloucester-Hartpury, champions of England, and Stade Bordelais, champions of France, could play each other under plans proposed by European [...]

  • Exclusive: European rugby chiefs in Challenge Cup sponsor talks

    August 31, 2023

    European rugby chiefs are in exploratory discussions with companies over a potential title sponsor for the Challenge Cup, City A.M. can reveal. The relative of the Champions Cup, which on Thursday announced bank Investec as its title sponsor on a five-year deal, the Challenge Cup has not had a sponsor since insurer Amlin partnered the [...]

  • Investec hand rugby vote of confidence with Champions Cup sponsorship

    August 31, 2023

    Investec has handed rugby a much-needed vote of confidence by striking a five-year deal to replace Heineken as sponsor of the Champions Cup. Europe and South Africa’s premier club competition has been without a sponsor since the Dutch beer brand, involved since 1995, stepped away from the title association in June. It represents a huge [...]

  • Policy must catch up with investment demand, says Wood Group boss

    August 22, 2023

    Wood Group has raised its trading expectations in its half-year update to investors, predicting higher pre-tax profits.

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