U.S. oil futures climbed back above $90 a barrel to settle modestly higher on Tuesday as investors shook off worries about the global economic outlook to resume a rally that’s been fueled by tightening crude supplies.Price action West Texas Intermediate crude for November delivery CL00, -0.02% CL.1, -0.02% CLX23, -0.02% rose 71 cents,…

Commodities are now so out of fashion with investors that it seems likely they’ll rally soon. The investing asset class, which includes energy, foodstuffs and resources, is yet again the only category that has seen consistent outflows from fund investments (exchange-traded fund and mutual funds) over the past five weeks,…

By Michael Susin Synectics said it has entered into an additional contract with West Midlands Police, without disclosing financial details. The security and surveillance systems company on Thursday said the contract will integrate live video cameras operated by the National Highways Agency throughout the West Midlands into Synectics’ open software…

By Michael Susin Safestore Holdings said Chief Financial Officer Andy Jones will retire after 10 years with the company, and that it has started an external candidate search. The London-listed self-storage company on Thursday said Jones will continue in the role until the transition to his successor is complete. Write…

Gold prices took a tumble over the last month. But experts say there’s reason to be optimistic for a bounce back in short order. The price of gold recently fetched $1,872 per troy ounce down 3.7% from $1,944 on September 1, according to data from the London Bullion Market Association.…

BT By Elena Vardon Petro Matad shares fell on Thursday after the group posted a wider loss for the first half of 2023, and flagged delays in starting completion operations at its Heron 1 oil discovery in Mongolia. At 0836 GMT, shares in London were down 0.3 pence, or 9.5%,…

It might be a value stock if you can pick it up at below book value. That it’s making money and paying dividends makes it interesting. Add to those qualities that’s it’s a large capitalization equity and actively traded, it’s likely —not guaranteed but likely — you can get in…

By Anthony O. Goriainoff Let’s Explore Group said it has conditionally agreed to buy Huddled Group and its subsidiaries for 3.95 million pounds ($4.8 million), and that its first-half pretax loss widened as revenue fell. The London-listed company said it will pay an initial GBP3.45 million, and a deferred GBP500,000…

The early 2021 meme stock fad had extremely fast and large runups. Additionally, the David vs. Goliath story was compelling. Therefore, even as the stocks pulled back, many supporters remained committed. Finally, though, the meme stocks have washed out (that is, returned to their pre-runup prices – or lower). Their…

By Christian Moess Laursen Hummingbird Resources on Thursday reported a swing to pretax profit on higher production and gold sales. The Africa-focused gold miner made a pretax profit of $4.1 million in the first half of the year from a loss of $24.0 million in the same period in 2022.…