Man Group - the world's largest listed hedge fund manager - slumps another 5%, leaving it more than 36% lower than before it revealed a jump in clients pulling out their cash... more
Tullow Oil, the London-based explorer with the most licences in Africa, and its partners will invest at least $4 billion (£2.4 billion) to develop new oil fields off Ghana's Atlantic coast... more
"They all seem to be jumping into bed with one another," one trader mused today. Thankfully, he wasn't referring to his colleagues but the gambling industry as rumours swirled about two possible takeover deals... more
UK oil explorer Heritage Oil announces a $100 million share buyback, after a halving in its share price since January and as the explorer faces a $313 million lawsuit from former partner Tullow Oil... more
Market round-up: Africa-focused explorer Bowleven — touted by countless Square Mile gossips as “the next Tullow Oil” — reveals that it found more crude at its exploration well in Cameroon, sending its shares… down 2%
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As investors spent a second day panicking over the impact on financial stocks of President Obama’s War on Wall Street, oil shares did their best to claim a little of the limelight... more
Tullow Oil was one of the best blue-chip performers, climbing 84p to 1199p amid rising hopes that the world's biggest oil company ExxonMobil is poised to take a stake... more
Commodity stocks were once again nursing their wounds from the decline in global demand today with shares in Antofagasta and Tullow Oil tumbling on plunging profits ... more
Lower oil prices and a declining interest in the North Sea where it has cut production by a third, has seen revenues at Tullow Oil fall 23% to £290 million in the first half of 2009 ... more
UK equity funds delivered average returns of 3.2% in the first half, with M&G Group's Recovery Fund leading the way among the biggest players after it bet on Tullow Oil and Invensys.... more
Ironic isn't it? But on one of the hottest days of the year, the water companies have suddenly found themselves out of favour among stock market investors... more
Tullow Oil cemented itself as the leader of the London-listed independent explorers with soaring profits in addition to its recent strong run of finds... more
Finance: Tullow Oil moved to join the big time today with £1.8 billion of financing plans to hasten the development of its two major finds in Africa... more
Taylor Wimpey's fall from grace among stock-market investors will be completed by the close of business tonight when its shares drop out of the Footsie 250 index ... more
It's not just the pound that is feeling the heat from the credit crunch and looming recession, the stock market, in case you hadn’t already noticed, is also suffering... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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