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Weir agrees £13.95m confiscation order for Iraq breaches
Engineering company Weir Group plc will pay £13.95m plus a fine to be fixed after agreeing to plead guilty to two charges of breaching UN sanctions on contracts related to the Oil For Food program in Iraq between 2000 and 2002.
Read more »13/12/2010
Caledon reveals 256% increase in Minyango resource
Australian coal producer and explorer Caledon Resources has announced a 256% - 874 million tonnes - increase to the coal resource estimate for the Minyango coking and thermal coal project.
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CSC says Simon plans are 'completely impracticable'
Capital Shopping Centres Group has rejected alternative plans for financing the Trafford Centre by Simon Property Group as completely impracticable.
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Global Energy in farm-out deal with Gran Tierra Energy
Latin America-focussed petroleum explorer and producer Global Energy Development has agreed to farm-out 60% of its interest in the Peruvian Block 95 licence contract to Gran Tierra Energy.
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Rival bid possible after Regal agrees £77m cash offer
Regal Petroleum plc has agreed terms on a £77m recommended cash offer from Energees Investments Limited, main holding company of Ukraine's Smart Holding Group.
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De La Rue appoints Tim Cobbold as CEO
Banknote printer De La Rue has appointed Tim Cobbold as CEO with effect from 1 January.
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Airsprung takes over Collins and Hayes Furniture
Airsprung Group has taken over Collins and Hayes Furniture - and its trading brand Collins & Hayes - for £2.3m.
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Market Movers - Top risers and fallers between 07:00 and 08:00
Overall MarketStory provided by StockMarketWire.com
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CIC Mining to acquire Global assets for Arctic Star
Consulting and advisory firm CIC Mining Resources has agreed a deal with Arctic Star Diamond to provide various services with respect to Global Diamond Resources, which is in administration.
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Commodities Prices at 08:00
Name Price Change %ChangeBrent Crude Oil 91.220 0.740 0.820
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