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Strong start to year at Petrofac
15th May 2009 07:17
Petrofac has made a strong start to the year, chairman Rodney Chase will tell shareholders at today's AGM, with the oil and gas facilities provider's backlog doubling to $8.2bn at the end of April. Chase is confident 2009 will be another year of strong growth after its biggest business, engineering
Read moreLondon midday: Shares tread water
14th May 2009 11:54
It is back to square one for London's blue-chips, with gains on banks and miners cancelled out by losses on oils and telecoms giant BT. Banks suffered some profit taking earlier in the week but are bouncing back, helped by a research note on the sector from Morgan Stanley. The US investment bank ha
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