LONDON BRIEFING: Anglo American to sell stake in Jellinbah mines
4th Nov 2024 08:04
(Alliance News) - The FTSE 100 opened higher on Monday, with "more growth" but "fewer rate cuts" potentially in the UK's future following the budget. Read More
(Alliance News) - The FTSE 100 opened higher on Monday, with "more growth" but "fewer rate cuts" potentially in the UK's future following the budget. Read More
(Alliance News) - Anglo American PLC said on Monday it has agreed to sell its minority stake in Jellinbah Group Pty Ltd for AUD1.6 billion, or about USD1.1 billion, or around ZAR19.23 billion. Read More
SSE PLC - Perth, Scotland-based power utility - Hires Hixonia Nyasulu to be senior independent director. Nyasulu will join the board as a non-executive director on January 1 and succeed Helen Mahy as SID after SSE's annual general meeting on July 17. Mahy has been on the SSE board since 2016. Nyasulu currently is a non-executive director of miner Anglo American PLC, having been an executive at consumer goods firm Unilever PLC in South Africa and running her own consulting and market research business. Read More
(Alliance News) - Stock prices in London closed lower on Thursday, amid analyst speculation that the "sizeable fiscal loosening" announced by UK Chancellor Rachel Reeves in Wednesday's budget rules out two interest rate cuts this year. Read More
(Alliance News) - European equities were weaker on Thursday, with the mood uncertain following the UK budget, underwhelming earnings from both sides of the Atlantic and ahead of a US inflation reading in the afternoon. Read More
(Alliance News) - London's FTSE 100 is called to open lower on Thursday, in the aftermath of Wednesday's budget and US data. Read More
(Alliance News) - Stock prices in London closed a mixed bag on Wednesday, with the FTSE 100 in the red but the Aim All-Share making gains, after changes to inheritance tax in the latest UK budget proved no worse than feared. Read More
(Alliance News) - Stock prices in London were mixed heading into Wednesday afternoon and the UK budget announcement, and the pound surrendered some early progress with the mood tetchy before the spotlight turns to Chancellor Rachel Reeves. Read More
(Alliance News) - BHP Group Ltd on Wednesday drew a line under its failed pursuit of smaller mining peer Anglo American PLC, saying it has "moved on". Read More
Anglo American PLC - London-based miner - Says it has found innovative ways to "unlock" many of the world's undeveloped copper resources "sterilised" due to environmental and community constraints. "While each undeveloped resource has its own physical and social characteristics, we have shown what can be achieved when genuine dialogue, collaboration and trust are combined with the required technical and sustainability competencies built up over time to deliver profitable outcomes and enduring value for - stakeholders," says Helena Nonka, Anglo American's strategy & sustainability director. Read More
(Alliance News) - The FTSE 100 snapped a four-day losing streak to post modest gains at the close Thursday, on a mixed day for equities, while Chancellor Rachel Reeves confirmed fiscal changes ahead of next week's budget. Read More
(Alliance News) - Stocks in London were higher on Thursday, with risk appetite improving after an uncertain week for equities so far, while large-cap corporate updates impressed. Read More
(Alliance News) - Anglo American PLC said on Thursday it was making progress in its "portfolio simplification" as the diversified miner characterised its production performance for the first nine months of 2024 as "stable". Read More
(Alliance News) - Stock prices in London ended mostly lower on Friday, with the FTSE 100 suffering a tame end to the week as housebuilders fell, though stronger-than-expected China data supported miners. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - London's FTSE 100 faltered on Tuesday with weak oil majors offsetting brighter fortunes for airlines and housebuilders. Read More
(Alliance News) - Stock prices in London opened a mixed bag on Tuesday, getting off to a disappointing start as fresh data showed that while UK unemployment rate edged lower in the three months to August, wage growth abated. Read More
(Alliance News) - London's FTSE 100 was down heading into Friday afternoon, with Sainsbury's struggling, as US banking results kick off the third quarter earnings season. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More