(Alliance News) - AO World PLC on Wednesday said it plans to raise GBP40 million through a share placing to strengthen its balance sheet, just days after the online electricals retailer defended its financial position. Read More
(Alliance News) - Stock prices in London are seen opening higher on Wednesday, clawing back some of Tuesday's chunky losses, despite a far-from-stellar handover from Asia as recessionary fears continue to stalk markets. Read More
(Alliance News) - A relatively calm start to the third quarter for European equities continued early Tuesday, though London's FTSE 100 underperformed inside the opening hour of dealings. Read More
(Alliance News) - Stocks in London ended mixed on Monday following the heavy losses last week on fears that rising interest rates could spark a recession, with volumes light as US markets were closed for Independence Day. Read More
(Alliance News) - AO World PLC said on Monday its current financial performance and liquidity position are in line with expectations, after a press report over the weekend regarding its credit cover caused the stock to drop sharply. Read More
(Alliance News) - Blue-chip European equities advanced on Monday, boosted by share price gains for oil companies, while markets in the US sat the session out to observe the Independence Day holiday. Read More
(Alliance News) - Stocks in Europe made a decent start on Monday, showing no signs of trepidation ahead of a key week of economic data and central bank news. Read More
(Alliance News) - Stocks in Europe extended losses on Thursday after the European Central Bank hinted that half-point interest rate hikes may be on the table, making it the latest central bank prepared to act aggressively to tame rampant inflation. Read More
(Alliance News) - AO World PLC on Thursday said it will close its German business, potentially booking cash costs of up to GBP15 million in the process, and losing roughly 10% of group revenue. Read More
(Alliance News) - Stock prices in London are seen opening lower on Thursday as investors look ahead to an interest rate decision from the European Central Bank at 1245 BST. Read More
(Alliance News) - London's FTSE 100 underperformed as European equities recorded in a positive morning session on Friday, shaking off eurozone economic data that showed inflation continued to heat up, while economic growth slowed. Read More
