Global News

It has not been a good year for the Orosur (LSE:OMI) share price, having fallen from 50.28 pence per share on 12 September 2012 to 7.00 by 13 July this year.  The share price has drifted in the doldrums for the past two months, managing to regain ground to the 10.00 range at 13 August […]

BP Egypt has announced a significant gas discovery in the East Nile Delta. The deepwater exploration well, named Salamat, is the deepest well ever drilled in the Nile Delta. It is the first well in the North Damietta Offshore concession granted in February 2010 and operated by BP The well was drilled using the sixth […]

EnterNext, the new NYSE Euronext subsidiary designed to develop and promote the market for SMEs, has confirmed the listing on NYSE Alternext in Paris of Medical Device Works, a noted pioneer in organ isolation technology used to treat malignant tumours. Founded in 2004, Medical Device Works is developing a kit of minimally invasive devices used […]

Glaxosmithkline (LSE:GSK) share price has declined by 13.0 pence (0.79%) in trading on the London Exchange today, continuing its current decline that began on 02 September, although the company announced that it has reached an agreement to divest its nutritional drink brands, Lucozade and Ribena, to Suntory Beverage & Food Ltd for £1.35 billion. GSK had […]

Automotive financiers have resumed novated leasing operations this week after Prime Minister Elect, Tony Abbott, reinstated Australia’s FBT concession on new vehicle purchases. FBT concessions were hastily abolished by the ousted Rudd Government on July 16, in the lead-up to the Federal Election, in an attempt to plug an $1.8 billion dollar hole in the […]

I’m not going to write about stocks today, but I will at least mention one.  Instead, I wish to direct your attention to the economy in general.  I’m also going to say some things that the media does not often say and politicians don’t want them to say it. The economy is out of control. […]

BlueRock Diamonds plc (LSE:BRD) has set off to rock the diamond industry this morning as its shares were floated on the AIM market.  Shares are priced at 10.25 pence, which is a 46% premium to the placing price of 7.00 pence.  The shares are being sold on a Periodic Auction Call basis.  As of 3:00 […]

A couple of weeks ago I wrote one of my typically brilliant stories, only to see that my colleague, Tom Frew, wrote about the same story the very next day.  I cautioned him that his “oversight” might be returned in kind someday.  I mean, you never know about these things.  Today, I return from a […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients; A big week for the markets with participants finally permitted to look away from the prospect of Fed tapering, if only briefly and for disturbing geopolitical and potentially military headlines regarding Syria, only to have to look back again […]

Pound Sterling The Pound spent most of the week softer against its peers as concerns over possible military action against Syria was the main driving force behind the markets. Tuesday’s session saw the Pound fall against the Euro following the release of positive data out of the Eurozone and as tensions over Syria saw investors […]