(Alliance News) - Stock prices in London surged on Wednesday, with a cooler UK inflation reading lifting investor sentiment and taking pressure off the Bank of England. Read More
(Alliance News) - The FTSE 100 in London was lifted by banking stocks heading into Wednesday afternoon, after the Bank of England's latest stress test showed the sector to be "resilient". Read More
(Alliance News) - European equities suffered a deep sell-off on Thursday, with bond markets taking centre-stage as yields pushed higher on the back of expectations of more interest rate hikes. Read More
(Alliance News) - London's FTSE 100 underperformed again on Thursday, with share price falls for utility stocks and retailer B&M leading the index lower, though peers in Europe largely shook off recent hawkish comments from central bankers. Read More
Asos PLC - London-based online fashion retailer - Founder & Non-Executive Director Nick Robertson sells 250,389 shares for GBP4.013, worth a total of over GBP1.0 million, on Wednesday in London. Following the transaction, Robertson holds about 2.6 million shares in the company, or about 2.2%. Read More
(Alliance News) - Stocks in London closed in the red on Tuesday, with market nerves frayed ahead of the release of key UK inflation data on Wednesday morning. Read More
(Alliance News) - Frasers Group PLC on Tuesday said it its acquisition of stakes in boohoo Group PLC and Currys PLC are part of a wider strategy of taking up "supportive shareholder positions in attractive retail companies". Read More
(Alliance News) - Frasers Group PLC, having already dipped into fast fashion and electrical goods with stakes in Asos PLC and AO World PLC, continued its shopping spree in recent days. Read More
(Alliance News) - Frasers Group PLC continued its streak of buying up shares in UK retail outfits, with a regulatory filing showing it has taken up a position in online fashion firm boohoo group PLC. Read More
(Alliance News) - Stocks in London are called lower on Monday, ahead of more central bank decisions, while a meeting between US Secretary of State Antony Blinken and his Chinese counterpart put relations between the two nations back under the spotlight. Read More
(Alliance News) - London's FTSE 100 closed higher, though equities in mainland Europe weakened, after both the Federal Reserve and European Central Bank both hinted that they are not done with rate hikes. Read More
(Alliance News) - Stock prices in London were largely lower at midday on Thursday, as focus turned to the European Central Bank's interest rate decision due out in the early afternoon. Read More
Frasers Group PLC - Shirebrook, England-based owner of the House of Fraser, Sports Direct and Flannels retail chains - Raises stake in Asos PLC, a London-based online fashion retailer which on Thursday reported a return to an adjusted quarterly profit, to 10.6% on Monday, from 9.9%. The raise in Frasers's stake in Asos follows three other raises over the past 31 days, to 9.9% last Wednesday, to 8.8% on June 1, and to 7.4% on May 15, from 5.1% before that. Read More
(Alliance News) - Asos PLC on Thursday said it returned to profitability with its 'P3' adjusted earnings before interest and tax in the three months ended May 31, despite a drop in revenue. Read More
(Alliance News) - Stock prices in London opened largely lower on Thursday as markets came to grips with US interest rates staying higher for longer, following hawkish words from Federal Reserve Chair Jerome Powell on Wednesday. Read More
(Alliance News) - Stocks in London were set to open lower on Thursday, after the US Federal Reserve paused its interest rate hikes but indicated that more will follow this year. Read More