(Alliance News) - Stock prices in London closed mixed, as a sell-off in defensive stocks drove the FTSE 100 into the red, while the FTSE 250 added to a strong week. Read More
(Alliance News) - The FTSE 100 sat out a continued post-US inflation rally, though its peers climbed, as a stronger pound put pressure on the index's international earners. Read More
(Alliance News) - Blue-chip European equities closed in the red on Wednesday, with poor manufacturing data and fading hopes of an end to zero-Covid measures in China doing little to lift the mood ahead of a Federal Reserve interest rate decision. Read More
(Alliance News) - Stock prices in London were called slightly higher on Wednesday, as investors awaited the all-important interest rate decision to come from the US Federal Reserve. Read More
British American Tobacco PLC - London-based maker of cigarettes and vaping products - Says British Capital Corp, a wholly-owned subsidiary, prices an offering of USD600.0 million 7.750% notes due 2032. The issue will close on Wednesday, with BAT to use the net proceeds for general corporate purposes, including paying down existing debt. Read More
(Alliance News) - Altria Group Inc on Wednesday said a US district court has found Reynolds Vapor Co's Vuse Alto e-vapor product infringed three of its patents. Read More
(Alliance News) - Starbucks Corp on Thursday named outgoing Reckitt Benckiser Group PLC Chief Executive Officer Laxman Narasimhan as the successor to longitme boss Howard Schultz. Read More
(Alliance News) - Reckitt Benckiser Group PLC on Thursday said Chief Executive Officer Laxman Narasimhan is stepping down to relocate back to the US, and named former BAT chief Nicandro Durante to step into the role on an interim basis. Read More
British American Tobacco PLC - London-based maker of cigarettes and vaping products - Non-Executive Director Kandy Anand buys 3,605 American depositary shares at USD41.65, worth USD150,141, on Wednesday in New York. Read More
(Alliance News) - British American Tobacco PLC on Wednesday reported a sharp drop in profit as a result of rising costs, with a boost from New Categories revenue proving too small to light up its interim performance. Read More