Friday, 28th November 2014

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Rolls-Royce's management needs a change in strategy, says Investec

Fri 28th Nov 14, 12:33:06

Investec has said that management at engine maker Rolls-Royce should take decisive action to repair investor confidence, which has been "shattered" during 2014.

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Rising costs see KSK Power Ventur slide in first half

Power generation assets developer KSK Power Ventur saw first half operating profit fall due to increased costs. 2 hours ago

Incadea wins Bosch China deal worth $20m

Enterprise software and services provider Incadea has announced the agreement of a $20m contract with Bosch China. 1 hour ago

Plexus Holdings wins £0.9m services contract with Det Norske

Oil and gas engineering services business Plexus Holdings has won a £0.9m contract with Det Norske Oljeselskap ASA to supply surface wellhead and mudline equipment services for its offshore well in Norway. 2 hours ago

Broker tips: Rolls-Royce, BHP Billiton, Thomas Cook

Investec has said that management at Rolls-Royce should take decisive action to repair investor confidence which has been "shattered" during 2014. 33 minutes ago

Europe midday: Markets weighed down by rise in unemployment, slowdown in inflation

Markets in Europe had dropped firmly into the red by lunchtime, pressured lower by a rise in unemployment and a slowdown in inflation. 2 hours ago

London midday: Crude stabilises but oil stocks continue to slide

The UK stock market dropped on Friday as shares in the energy sector dropped after the recent slump in crude on concerns about a global oversupply of oil. 1 hour ago

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