LONDON (Alliance News) - London's main stock indices closed sharply lower Thursday as global equity markets were hit by weak Chinese and US economic data. The weak US data also sent the dollar lower, meaning the pound hit a 32-month high against the currency. <br /><br />UK stock indices had o Read More
LONDON (Alliance News) - Union officials and government representatives in South Africa have agreed to meet tomorrow to discuss a resolution over platinum mine strikes, according to Bloomberg Thursday. The country's labour Minister, Mildred Oliphant, is to lead negotiations in Johannesburg Read More
LONDON (Alliance News) - Publisher Pearson is the biggest faller on the FTSE 100 Thursday after it issued a profit warning, saying trading had been weaker than it expected, particularly in North America, its main market. The Financial Times owner and publisher of education books said it had Read More
LONDON (Alliance News) - South Africa's platinum sector is first to be hit by strike action announced on Monday, as employees from Lonmin PLC and Anglo American Platinum Ltd have downed tools Thursday. The major platinum producers said that the strike is only legal for the Association of Mi Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG CUTS BSKYB PRICE TARGET TO 680 (750) PENCE - 'SELL' <br />----------<br />BARCLAYS RAISES WHITBREAD PRICE TARGET TO Read More
LONDON (Alliance News) - The UK's major stock indices all closed lower Tuesday, reversing early gains that saw the FTSE 100 reach within 10 points of its 2013 high and then tracking declines in the US indices when Wall Street opened. <br /><br />However, the pound got another boost from the la Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS BHP BILLITON PRICE TARGET TO 2060 (2090) PENCE - 'BUY' <br />----------<br />GOLDMAN CUTS BHP BILLITON PRICE TARGET TO Read More
LONDON (Alliance News) - UK stocks indices struggled to get off the ground Friday, although the FTSE 100 has gained more than 1% over the week, to close at nearly an 8-month high, buoyed by an upgrade to global growth forecasts. The pound has also regained ground against other major currencies Fr Read More
(Correcting US CPI forecasts). LONDON (Alliance News) - UK stocks are trading mixed Thursday, with the mining sector outperforming after a positive production update from sector giant Rio Tinto. Meanwhile, eurozone inflation has slowed slightly, in line with expectations. By mid-morni Read More
LONDON (Alliance News) - UK stocks are trading mixed Thursday, with the mining sector outperforming after a positive production update from sector giant Rio Tinto. Meanwhile, eurozone inflation has slowed slightly, in line with expectations. By mid-morning Thursday, the FTSE 100 is down 0.1 Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />NOMURA CUTS DIAGEO PRICE TARGET TO 2200 (2250) PENCE - 'BUY' <br />----------<br />UBS RAISES ANGLO AMERICAN TO 'BUY' ('NEUTRA Read More
LONDON (Alliance News) - UK stocks have rallied Wednesday, with the FTSE 100 outperforming its smaller peers, peaking at almost an 8-month high, as major equity markets around the global rise, following an increase to the global-growth forecast by the World Bank. Meanwhile the dollar has broadly Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD' <br />----------<br />MORGAN STANLEY RAISES ASTRAZENE Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday. ------- FTSE 100 - WINNERS Burberry Group, up 5.2%. The luxury fashion retailer has reported that its retail revenue rose 14% in the third quarter, w Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD' <br />----------<br />MORGAN STANLEY RAISES ASTRAZENE Read More
LONDON (Alliance News) - The UK Competition Commission Tuesday confirmed that it will require Lafarge SA and Anglo American PLC to sell one of their joint venture cement plants in the UK after it deemed that the venture had too much power in a market dominated by some of the world's biggest cemen Read More