1. GBp

    179.90

    Today's change

    0.20 / +0.11%

    1 year change

    +5.02%

    As of Apr 24 2015 16:35 BST. Data delayed by at least 15 minutes.

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  1. April 14, 2015

    The long arm of India’s tax authorities

    No one likes to see a tax demand dropping silently on to the doormat, but in India it comes with a special sense of dread....

  2. April 7, 2015

    Afren appoints industry veteran Alan Linn as chief executive

    Afren, the financially distressed oil and gas explorer, on Tuesday appointed industry veteran Alan Linn as its next chief...

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  1. April 6, 2015

    Cadbury hit with $92m tax bill in India over ‘phantom’ factory

    Cadbury has been hit with a new Rs5.7bn ($92m) tax claim in India in relation to allegations that the Dairy Milk chocolate...

  2. March 17, 2015

    Cairn’s woes turn spotlight on India business environment

    Jerry Seinfeld became the latest in a long line of foreign visitors to discover that India is a tough place in which to do...

  3. March 13, 2015

    Cairn India hit by $3.2bn tax demand

    Cairn India, the Mumbai-based oil and gas explorer, said on Friday that it had received a Rs205bn ($3.2bn) demand for unpaid...

  4. March 11, 2015

    Cairn’s troubles reveal risk of tackling India’s tax authorities

    The risks of grappling with India’s revenue authorities were made abundantly clear on Wednesday, as Cairn Energy’s shares...

  5. March 11, 2015

    Real Domino effect will be higher investment in digital printing

    Domino Printing Sciences appears to be reaching its own “sell-by” date as a listed company. In the City, the group has been...

  6. March 10, 2015

    Cairn plunges on $1.6bn India tax bill

    Cairn Energy shares plunged in early London trading on Wednesday after the UK-listed oil explorer was served with a $1.6bn...

  7. January 23, 2015

    EnQuest shares jump 23% on relief over debt rejig

    Shares in EnQuest, the UK-focused oil group leading the development of one of the largest pending projects in the North Sea,...

  8. January 12, 2015

    UK oil groups under scrutiny as crude prices fall

    Three London-listed oil companies are set to come under intense scrutiny from investors this week as they set out plans to...

  9. November 10, 2014

    Cairn Energy strikes oil again off Senegal

    Oil explorer Cairn Energy said on Monday it had struck oil again off the coast of Senegal in west Africa, adding to another...

  10. October 12, 2014

    India’s challenge on corporate taxation

    Foreign companies are depressingly used to run-ins with the Indian taxman. A string of groups, including Vodafone, IBM and...

  11. October 7, 2014

    Cairn confirms Senegal oil discovery

    Shares in Cairn Energy rose 3.6 per cent on Tuesday after the Edinburgh-based oil explorer confirmed a large oil discovery...

  12. October 2, 2014

    Oil explorers: class struggle

    Not long ago, explorers were oil industry aristocracy, and producers were working class. Discoveries sent shares flying and...

  13. September 25, 2014

    CSR tops mid-cap index on takeover talk

    Chipmaker CSR climbed to the top of the mid-cap index on Thursday as takeover speculation resurfaced about the possibility...

  14. September 17, 2014

    Battle for oil fuels Africa’s lengthy conflict

    When the drillship Atwood Achiever begins the search for oil off the coast of Western Sahara later this year, it will not...

  15. September 12, 2014

    Chart that tells a story . . . oil shares

    What does this show? The oil price, expressed in sterling rather than dollars, and the FTSE 350 oil and gas index, which...

  16. August 19, 2014

    Cairn Energy outlines cost cuts

    Cairn Energy is cutting its costs as the oil exploration company awaits a resolution to its Indian tax dispute. The FTSE 250...

  17. May 13, 2014

    India’s Anil Agarwal rebuffs Vedanta privatisation rumours

    Anil Agarwal, billionaire founder of London-listed Vedanta Resources, has rebuffed speculation that he plans to delist his...

  18. May 2, 2014

    Cairn India’s interim chief steps down

    Cairn India’s interim chief executive, P Elango, has quit, citing “personal reasons”, the second time in two years that the...

  19. April 10, 2014

    Mike Watts to quit Cairn Energy as deputy chief executive

    Mike Watts, who was credited as the geological brains behind Cairn Energy’s blockbuster drilling success in India, is to...

  20. April 10, 2014

    Lord Myners’ departure leaves Co-op in a deeper hole

    The Co-operative Group is in a deep hole, but instead of putting down its spade it has revved up the mechanical digger. Such...

  21. March 28, 2014

    Boardroom trades March 29

    Anyone who bought into Lookers at the end of 2008 will be sitting on a tidy profit. Shares in the car dealership have hardly...

  22. March 26, 2014

    EnQuest taps capital markets to fund UK North Sea development

    EnQuest, the UK-focused oil group behind one of the largest pending projects in the North Sea, is to raise an additional...

  23. March 18, 2014

    Cairn halts buybacks over Indian tax probe

    Cairn Energy has suspended its $300m share buyback scheme in response to a freeze imposed by India’s tax authorities on any...

  24. March 17, 2014

    Cairn strikes unlucky for second time in offshore Morocco

    Cairn Energy has suffered another setback in its ambitions to establish Morocco as a frontier oil and gas province following...

  25. beyondbrics

    March 16, 2014

    The week ahead, March 17-21

    The week ahead in emerging markets: the world will be watching the aftermath of the weekend’s proposed referendum in Crimea....

  26. March 3, 2014

    Sir Bill Gammell: Cairn chairman leaves the field

    In 2008, Sir Bill Gammell contributed to a motivational book called Be a Winner. The former Scottish rugby international had...

  27. March 3, 2014

    Crimea crisis stalls London invasion by Russian companies

    The Russian invasion of Crimea has stalled a friendlier invasion of London by Russian companies. Vladimir Putin’s seizure of...

  28. March 3, 2014

    Sir Bill Gammell to step down as Cairn Energy chairman

    Sir Bill Gammell, the man who founded Cairn Energy three decades ago and turned it into a blue-chip oil and gas explorer, is...

  29. February 12, 2014

    India’s tax laws are deterring investors

    In the next three months India will hold a general election. It will be a defining moment for the country at a time of...

  30. January 24, 2014

    Cairn Energy probed by Indian tax office

    Cairn Energy, the UK oil and gas explorer, has been forbidden by India’s tax office from selling a residual stake worth...

  31. January 21, 2014

    Cairn Energy plans $400m nine-well expansion programme

    Cairn Energy plans to drill nine exploration wells this year, as part of a $400m exploration campaign that will make 2014...

  32. beyondbrics

    December 12, 2013

    Western Sahara: EU-Morocco deal in uncertain territory

    This week, the EU parliament approved a four-year accord with Morocco to allow European boats to fish in disputed...

  33. November 26, 2013

    Cairn India plans buyback

    Cairn India, the cash-rich oil and gas group, will buy back more than $900m of shares, providing a possible exit route for...

  34. October 17, 2013

    Cairn plans to return $300m in buyback

    Cairn Energy has committed itself to returning a further $300m to investors through a share buyback programme. The...

  35. August 20, 2013

    Cairn outlines $700m spending plans

    Cairn Energy set out its stall to re-establish itself as an exploration winner as it outlined plans on Tuesday to spend...

  36. August 9, 2013

    Small-cap week, August 10

    Record low for Sirius Minerals on fears over Yorkshire site Sirius Minerals’ shares hit a record low this week as fears grew...

  37. June 5, 2013

    Statoil blames tax rise for delay to Barents Sea project

    Another Arctic oil project has been postponed with Statoil delaying the development of its Johan Castberg field in the...

  38. May 16, 2013

    Talk of North Sea exit boosts UK’s Cairn

    Talk of a North Sea exit helped Cairn Energy edge higher even as the FTSE 100 broke a ten-day winning streak. Cairn added...

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