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10Mar 2017

Ex-Rolls staff lose shares over scandal

Rolls received 428 questions and concerns from employees and stakeholders to its confidential reporting ethics helpline last year
CHRIS RATCLIFFE/GETTY IMAGES

Dismissed employees at Rolls-Royce have had shares and other incentives clawed back after the aerospace engineer’s bribery and corruption inquiry.

Senior executives have not had their pay packages cut, however, despite Rolls-Royce reaching a £671 million settlement with investigators in January, because the judge ruling on the scandal was satisfied that the existing leadership was not culpable.

9Mar 2017

The Secret Wealth Of The World’s Richest Oil Billionaires

A policy of nationalizing chunks of an economy inevitably creates oligarchs who skim profits off the country’s natural resources.

As such, you won’t be surprised to learn that the largest energy companies in the world are owned and operated by governments, and they include: Saudi Aramco, Russian Gazprom, China National Petroleum Corp. (CNPC), National Iranian Oil Co., Petroleos de Venezuela, Brazil’s Petrobras and Malaysia’s Petronas. How they’re run varies wildly—as does where their wealth goes.

9Mar 2017

Strategic Review of Copper and Gold Assets and Placing to Raise £750k

W Resources Plc (AIM:WRES), the tungsten, copper and gold mining, exploration and development company with assets in Spain and Portugal, is pleased to provide an update on its recently completed strategic review of its advanced copper and gold assets located in Portugal and announces a placing to raise £750,000.

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