Thursday, 2nd April 2015

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Premier Oil, Falkland Oil and Rockhopper find oil and gas in Falklands project

Thu 2nd Apr 15, 09:31:31

Oil and gas explorer Premier Oil said it has discovered oil and gas at the Zebedee well in the Falklands Islands.

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Londonmetric Property secures new £400m credit facility

Investment group Londonmetric Property has secured a new £400m-unsecured revolving credit facility, which replaced five existing secured debt facilities. 2 hours ago

E.On to pay a further £7.75m in fines

UK energy supplier E.On has agreed to pay a further £7.75m in fines for overcharging its customers, industry regulator Ofgem confirmed on Thursday. 2 hours ago

Market overview: Miners fall as iron ore drops below $50/t

0950: Mining stocks are under the weather this morning as iron ore prices drop below the $50-a-tonne mark, flirting with 10-year lows. Anglo American, Glencore and BHP Billiton are all losing at least 1%. 56 minutes ago

Electrocomponents sales growth slows in fourth quarter

Sales growth slowed at Electrocomponents in the final months of the year, as progress in North America was held back by the heavy snow storms. 3 hours ago

London open: M&S gains, but UK stocks flat ahead of long weekend

High street department store Marks & Spencer led retailers higher on Thursday morning, though the wider markets was kept broadly flat as concerns about Greece and UK political uncertainty limited upside. 2 hours ago

Europe open: Equities little changed as Greece presents new list of reforms

Equities in the euro-area were little changed as investors awaited the release of US data on jobs and factory orders, and weighed developments in Greece. 2 hours ago

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