Company Results & Outlooks

UPDATE 2-Galp's profit more than doubles, sees boost from Shell-BG

LISBON, April 27 - Portugal's Galp Energia said adjusted first-quarter net profit more than doubled from a year earlier, in line with expectations, thanks to a sharp increase in refining margins and rising oil output.

Mongolia signals it will not pay $100 mln to Canadian miner

ULAN BATOR, April 27 - Mongolia signaled on Monday it will not abide by an international tribunal's order to pay more than $100 million to Canadian uranium explorer Khan Resources Inc.

Regulatory News 3:06pm BST

Russia's Polyus Gold says Q1 production up 6 pct

MOSCOW, April 27 - Russia's biggest gold producer Polyus Gold said on Monday its overall production increased by 6 percent quarter-on-quarter in the first three months of this year.

9:35am BST

UPDATE 1-UK's Centrica finds relief in cold start to the year

LONDON, April 27 - Centrica, Britain's largest energy supplier, said on Monday its business was performing in line with guidance after a rise in energy consumption, giving the gas and power utility some relief after it cut its dividend and dampened its 2015 outlook earlier this year.

8:45am BST

Russia's Etalon recommends 2014 dividend of $0.12/share

MOSCOW, April 27 - Russian residential real estate developer Etalon said on Monday its board of directors had recommended a final dividend of $0.12 per share for 2014.

7:37am BST

British mobile operator EE on track for 14 million 4G customers

LONDON, April 27 - Britain's biggest mobile operator EE said on Monday it was "firmly on track" to reach its target of 14 million 4G subscribers by the end of the year after it added 1.7 new connections in the first quarter.

7:18am BST

BRIEF-Playtech says Q1 revenue up 31 pct

* Increased revenues from regulated markets of 40% in Q1 2015, up from 34% in Q1 2014

7:11am BST

PRESS DIGEST- British Business - April 27

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

M&A, Regulatory News 1:52am BST

Ryanair boss eyes 10-15 pct cut in fares in next 2 years

PARIS, April 26 - European budget airline Ryanair expects its fares to decline by between 10 and 15 percent over the next two years as it will pass on to travellers the benefits of lower oil prices, its chief executive said in a newspaper interview.

26 Apr 2015

CORRECTED-AstraZeneca insists Celgene deal about strategy, not cash

LONDON, April 24 - AstraZeneca is getting a $450 million windfall by letting Celgene develop a prized immunotherapy drug for blood cancers but its chief executive insists the deal is about strategy, not cash.

M&A, Regulatory News 24 Apr 2015
Currency
US $ inGBP =0.6567
Euro inGBP =0.7144
¥en inGBP =0.0055