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The Latest Breaking News from Wood Group

Wood Group shares plunge as review of business launched

The engineering firm has hired Deloitte to carry out an independent review.

Evening Standard

FTSE 100 Live 07 November: Interest rates set to fall, BT and ITV shares under pressure

FTSE 100 Live 07 November: Interest rates set to fall, BT and ITV shares under pressure

Interest rate decisions and a packed diary of corporate results mean another hectic session in financial markets.

Evening Standard

Activists protest outside Wood headquarters

Activists protest outside Wood headquarters

Cut The Ties campaigners seek to force a change in the way government loans are given to companies involved in fossil fuels

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UK firm given £430m green transition loan then expanded oil and gas business

Exclusive: Wood Group boosts fossil fuel business and shrinks renewables work after getting government-backed loan

The Guardian - UK

FTSE 100 live: FTSE closes at 7777.7; ‘UK markets shrug off global concerns’; WANdisco cash warning

Vodafone, Greggs, Boohoo, Landsec and Imperial Brands are in the spotlight during a busy session of corporate updates.

Evening Standard

Kaefer turnover tops £230m following acquisition of fellow Tyneside industrial services firm

The Jarrow firm's parent company acquired Wood Group Industrial Services in an £80m deal

Birmingham Post

Oilfield services firm Wood Group eyes new strategy as profit falls

The FTSE 250 engineering services company has plans to improve cash generation

Evening Standard

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Wood Group promotes COO to CEO

Wood Group promotes COO to CEO

Current boss will make way in July, but stay on until September to ensure a smooth transition

Wood Group sells environment and infrastructure business for $1.81 billion

Wood Group sells environment and infrastructure business for $1.81 billion

Proceeds may be used to accelerate regulatory fine payments and restore an ordinary dividend

Wood Group's chief executive announces retirement following $78 million restructuring

Wood Group's chief executive announces retirement following $78 million restructuring

Watson will remain on the board and as chief exeuctive until his successor is found

Geo-politics and carbon taxation plans play into Pensana's hands as it spends big ahead of Humber build

Geo-politics and carbon taxation plans play into Pensana's hands as it spends big ahead of Humber build

Humber freeport role flagged as magent metal supply chain sought to end China's dominance and UK's vulnerability

Birmingham Post

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