LONDON (Alliance News) - The Bank of England Tuesday said it will test whether some of the UK's biggest banks and building societies are able to withstand scenarios including a house price collapse or a sharp rise in interest rates, as it detailed its future so-called stress tests. Institut Read More
LONDON (Alliance News) - Barclays PLC Tuesday said the chief executive of its Americas unit, Skip McGee, will step down at the end of this month as the bank prepares for new US rules that require it to set up an intermediate holding company in the country by July 2016. Barclays said the new Read More
LONDON (Alliance News) - Equity indices across the UK and Europe opened lower and stayed lower Friday, finishing a muted day of trading in the red ahead of a weekend likely to bring further developments in the simmering conflict between Russia and Ukraine.<br /><br />The economic effect of tha Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />The<strong> Royal Bank of Scotland</strong> Group PLC warned of commercial risk after it said UK Financial Investments, the entity responsible fo Read More
LONDON (Alliance News) - UK shares have opened lower Friday on heightened concerns about the standoff in Ukraine.<br /><br /><strong>William Hill</strong> said it will close 109 gaming shops in response to the UK government's hike to machine gaming duty, putting 420 employees at risk. William Read More
LONDON (Alliance News) - The Royal Bank of Scotland Group PLC Friday warned of commercial risk after it said UK Financial Investments, the entity responsible for the government's stake in the bailed-out bank, has said it will block any proposal allowing the lender to pay bonuses up to 200% of fix Read More
LONDON (Alliance News) - The Federal Housing Finance Agency or FHFA, as conservator of Fannie Mae and Freddie Mac, Thursday announced a settlement with Barclays Bank PLC, related companies and some individuals for USD280 million. The settlement resolves claims, in two lawsuits, alleging vio Read More
LONDON (Alliance News) - Barclays PLC's strategic cost management programme has partially offset challenging first-quarter for the investment bank's fixed income, credit, and commodities (FICC) business, and is expected to result in only a small reduction in adjusted pretax profit for the group, Read More
LONDON (Alliance News) - Barclays PLC's strategic cost management programme has partially offset challenging first-quarter for the investment bank's fixed income, credit, and commodities (FICC) business, and is expected to result in only a small reduction in adjusted pretax profit for the group, Read More
LONDON (Alliance News) - <strong>AstraZeneca</strong> shares jumped Thursday after the pharmaceutical giant maintained its full-year guidance for 2014, even as its pretax profit dropped in the first quarter to end-March, hit by write-downs on the sale of its Alderley Park site and its acquisit Read More
LONDON (Alliance News) - Barclays PLC's strategic cost management programme has partially offset challenging first-quarter for the investment bank's fixed income, credit, and commodities (FICC) business, and is expected to result in only a small reduction in adjusted pretax profit for the group, Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>AstraZeneca</strong> PLC maintained its full-year guidance for 2014, as it saw pretax profit drop in the first quarter to end-March, hi Read More
LONDON (Alliance News) - Barclays PLC's strategic cost management programme has partially offset challenging first-quarter for the investment bank's fixed income, credit, and commodities (FICC) business, and is expected to result in only a small reduction in adjusted pretax profit for the group, Read More
LONDON (Alliance News) - UK shares have opened higher Thursday following strong results reported by US technology bellwethers Apple and Facebook overnight.<br /><br />A number of major UK companies also reported early Thursday, but with a less positive tone. <br /><br /><strong>Unilever </stro Read More
LONDON (Alliance News) - <strong>Associated British Foods</strong> said Wednesday profit for the first half of the year increased, driven primarily by sales at its low-cost fashion retail chain Primark, which more than offset a substantial hit to its sugar business.<br /><br />The food, ingred Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />CREDIT SUISSE RAISES WOLSELEY TO 'OUTPERFORM' ('NEUTRAL') - TARGET 4000 (3400) PENCE <br />----------<br />TRADERS: CREDIT SU Read More