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FTSE dives on financials as risk-averse investors flee

FTSE indices plunged today with 80% of blue chips off by more than 1%. Wall St's early losses were limited and Europe closed marginally lower. Worst hit were financials as escalating military violence in Yemen and the Greek-debt saga saw risk-wary investors flee.

Oilex expects Cambay-73 production in May

Oilex Ltd said overall progress of the Cambay-73 project is 77% complete. It anticipated production during May 2015.

AFC construction

AFC Energy has received its first partial building permit from the Stade permitting authorities in Germany to start construction of what will be the world's largest industrial alkaline fuel cell facility.

Arcontech profit

Arcontech swung into the black in the six months to the end of December. But it warned that the level of profitability for the full year to the end of June was uncertain, due to a significant customer requesting the termination of its contract 18 months early.

Plexus' deal

Plexus Holdings has entered into a Framework Agreement with Yantai Jereh Oilfield Services Group Co Ltd, the major Chinese oil services provider of integrated solutions of oilfield equipment and services.