(Alliance News) - Barclays on Tuesday downgraded its recommendation for Rio Tinto PLC, explaining the miner faces a hit from rising labour costs in Australia and a poor outlook for iron ore. Read More
(Alliance News) - European equities were enjoying a better day on Tuesday, with markets enjoying some respite after two successive days of sell-offs. Read More
(Alliance News) - Stocks in London ended sharply lower on Monday on fears that Covid-19 lockdowns will extend to China's capital city, as cases spike. Read More
(Alliance News) - European stock were sharply lower at the start of the week, with Monday's virus-inspired price decline providing an unwelcome reminder of the market sell-off of two years ago, shortly after Covid-19 first emerged. Read More
(Alliance News) - Anglo American PLC said Monday it is aware a Chilean regulator has recommended the miner's environmental assessment process for its Los Bronces mine be rejected. Read More
(Alliance News) - A market friendly outcome of the French presidential election did little to lift European equities on Monday; sentiment, already fragile due to central bank hawkishness, was further undermined by new Covid-19 worries in China. Read More
(Alliance News) - Stock prices in Europe are seen opening lower on Monday, with a grim Covid-19 situation in China adding to a mountain of worries for equities investors, which included hawkish comments made by Federal Reserve Chair Jerome Powell late last week. Read More
(Alliance News) - Stocks in London ended firmly in the red on Friday after the head of the US Federal Reserve all but confirmed an aggressive interest rate hike path, amid concerns the central bank is "behind the curve". Read More
(Alliance News) - Wall Street's late rout on Thursday, leading to a rough session in Asia, spilled over to Europe on Friday morning, with a negative start to trading as the US Federal Reserve doubles down on surging inflation. Read More
(Alliance News) - Retail sales slumped badly in the UK in March, data from the Office for National Statistics showed on Friday, and came in significantly worse than market consensus. Read More
(Alliance News) - Stocks in London ended mixed on Thursday with heavyweight miners weighing on the FTSE 100 after disappointing quarterly production figures, while in New York, Tesla continued to go from strength to strength. Read More
(Alliance News) - The FTSE 100 was the session's laggard on Thursday, with the heady ascents posted elsewhere in Europe out of reach in London due to the index's heavyweight mining sector, which dragged following some underwhelming production reports. Read More
(Alliance News) - London's heavyweight mining contingent has kicked off the first quarter of calendar 2022 on a soft note, with shares in Antofagasta and Anglo American sinking on Thursday following production updates. Read More
(Alliance News) - Glencore PLC said on Thursday its "responsible stewardship" of coal assets was the "correct" way to meet its green ambitions, reaffirming its commitment to slash its carbon emissions footprint and become net-zero by 2050. Read More
(Alliance News) - Anglo American PLC reported on Thursday it had downgraded its full-year production guidance for its major commodities and indicated that its first-quarter performance was "challenging". Read More