Global News

It’s not exactly big news that Rolls Royce (LSE:RR.) shares are in decline. They have been nearly every day for more than a month. On 27 April shares were near their 52-week high (1,069.00) at 1,054.00. By 01 June, the declining share price intersected its 50-day moving average at 998.42 before closing at 997.50. From […]

The citizens of Greece, the birthplace of democracy made it abundantly clear that they are unwilling to accept the terms of an extended bailout of their broken economy. It is clear that they are tired of living under austerity measures under which, like most major things financial, cause the greatest suffering to pensioners and the […]

Who will be in charge? Global Power Equipment Group Inc. (NYSE:GLPW) today announced that it has entered into a new employment agreement with Terence Cryan pursuant to which he will continue to serve as the Company’s President and Chief Executive Officer, a position he first assumed on an interim basis on March 20 of this […]

Five years on from the Deepwater Horizon accident and spill in 2010, BP has reached agreements in principle to settle all federal and state claims arising from the event. BP today announced that its US Upstream subsidiary, BP Exploration and Production Inc (BPXP) has executed the agreements with the US federal government and five Gulf […]

On-Track to Commence First Gold Production in August 2015 at Pickstone-Peerless Gold Mine Vast, the AIM listed resource and development company, has announced that strong progress is being made in advancing the Pickstone-Peerless Gold Mine in Zimbabwe into production in August 2015. The mine is being commissioned, with an estimated annualised gold production of circa […]

Binding Licence and Share Subscription Agreements Signed with Major Chinese Oil Services Provider Yantai Jereh Oilfield Services Group Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, announces that it has finalised and entered into a licence agreement dated 1 July […]

Changes at the top. North River, the AIM quoted resource company focused on the Namib Lead-Zinc Mine in Namibia, has announced the following changes to the Board: James Beams has been appointed to the Board as an Executive Director with immediate effect. Mr Beams joined the Company in January 2015 and will assume the role […]

The share price of BP (LSE:BP.) has gained 4.60% today on the heels of the announcement that BP has agreed to an $18.7 billion settlement with the U.S. federal government and the five affected states on the U.S. Gulf Coast (Texas, Louisiana, Mississippi, Alabama and Florida). U.S. Attorney General Loretta Lynch noted that “If approved […]

When I logged on to my computer this morning, the first thing I wanted to see was how, if at all, the Greek debt crisis was resolving, especially considering that I proposed yesterday that I expected that, after all the posturing and political rhetoric, a deal would be struck. When I came to the ADVFN […]

Uncertainty continues as Greece fails to meet IMF loan repayment European markets have remained steady following Greece’s failure to repay a loan to the International Monetary Fund (IMF). The London, Paris and Frankfurt exchanges saw modest rises at the start of morning trading following Tuesday’s 22:00BST passed without an agreement being reached between the Greek […]