Shares in Regal Petroleum jump 3% after the board of the AIM-listed oil and gas explorer recommends a £77 million takeover approach by Ukraine’s Energees Management Limited... more
Market Round-up: Investors develop a taste for high fashion with Burberry’s shares hitting another record high on renewed speculation that a suitor is circling... more
British Airways’ long-suffering passengers may be livid over cabin crews’ threat to strike this month, but Citigroup reckons there could be a bright side to the industrial action, for investors at least... more
One of the biggest share-ramping scandals of recent times has ended in a record £600,000 fine for Regal Petroleum and public censure by the Stock Exchange ... more
Stand by for take off at British Airways was the advice Goldman Sachs gave to clients as it added the shares to its influential Conviction Buy list... more
Roll up! Roll up! Monday sees the start of what could be a fascinating week in the High Court in the Strand. Case Number One, which may well take all of July, involves City giants Tullett Prebon (prop. Terry Smith) and BGC over alleged poaching of Tullett’s highly paid expert staff ... more
Controversial explorer Regal Petroleum is trying to tap investors for £60 million — the same day as it is hauled before a Stock Exchange disciplinary hearing over allegations of share ramping ... more
There may be a three-way split at the Bank of England over what to do with interest rates, with some arguing for a cut, others a rise, and the rest no change at all. ... more
Sound check: German industrial metal band Rammstein literally play with fire in their live performances - and now they are about to unleash their singeing spectacle on London. Watch out for your eyebrows
Morning:
6°c
