LONDON (Alliance News) - British oil major BP will sign a long-term contract worth around USD20 billion, or about GBP11.8 billion, to supply liquefied natural gas to China National Offshore Oil Corp, BP Chief Executive Bob Dudley said at a conference in Moscow Tuesday. <b Read More

UK WINNERS & LOSERS: Xaar Plummets After Guidance Cut

17th Jun 2014 10:42

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS ------- Whitbread, up 3.1%. The Premier Inn hotels and Costa Coffee chain operator re Read More

AfriAg Expands From Logistics Into Sales, Marketing African Produce

17th Jun 2014 08:18

LONDON (Alliance News) - AfriAg PLC, the agricultural logistics business operating in Africa, Tuesday said it intends to establish a new food marketing, sales and distribution division in South Africa which will source and then market fresh and frozen African produce within the Southern African r Read More

AfriAg Secures YA Global Master As Shareholder, Cancels Equity Swap

11th Jun 2014 15:04

LONDON (Alliance News) - AfriAg PLC said Wednesday that it had agreed to cancel its equity swap agreement for GBP600,000 with YA Global Master SPV Ltd, instead securing YAGM as a long term shareholder. AfriAg will issue YAGM with 32.5 million new shares, representing 2.74% of the company's Read More

UK MIDDAY BRIEFING: J Sainsbury Sales Down Again, But Stock Gains

11th Jun 2014 12:35

LONDON (Alliance News) - J Sainsbury Wednesday reported another drop in like-for-like sales, its second consecutive quarterly decline after nine years of unbroken sales growth. The UK's third-largest supermarket chain by market share posted a 1.1% decline in like-f Read More

UK WINNERS & LOSERS: Supermarkets Up, Airlines Down

11th Jun 2014 10:44

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday. ------- FTSE 100 - WINNERS ------- J Sainsbury, up 2.5%, Tesco, up 0.6%, and WM Morri Read More

AfriAg Shares Fall As It Raises GBP400,000 In Discounted Placement

11th Jun 2014 08:41

LONDON (Alliance News) - AfriAg PLC shares fell Wednesday after the company said it raised GBP400,000 through a discounted placement of 100 million new shares. ArfiAg shares dropped 19% to 0.405 pence Wednesday morning, the biggest faller on AIM, bringing them close to the placement price 0 Read More

UK MORNING BRIEFING: Sainsbury's Leads FTSE 100 Gainers

11th Jun 2014 07:31

LONDON (Alliance News) - Sainsbury's leads FTSE 100 gainers at the open Wednesday despite reporting its second consecutive decline in quarterly sales. However, the overall market has opened lower, depressed by a group of ex-dividend stocks such as Vodafone</ Read More

AfriAg To Start Equity Swap Settlement Payments In June

15th Apr 2014 09:59

LONDON (Alliance News) - AfriAg PLC Tuesday said it had agreed to slightly modify the terms of the equity swap agreement it did with YA Global Master SPV Ltd last September, and monthly settlement payments will be deferred and now start June 1 and run for 12 months until May 31, 2015. It sa Read More

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