MELBOURNE (Alliance News) - Otto Energy Limited said Tuesday that it has executed final binding agreements with BHP Billiton Petroleum (Philippines) Corporation or BHPB to terminate the farm-out agreement between the two parties over Service Contract 55 or SC55, offshore the Philippines. Ot Read More
LONDON (Alliance News) - UK stocks indices struggled to get off the ground Friday, although the FTSE 100 has gained more than 1% over the week, to close at nearly an 8-month high, buoyed by an upgrade to global growth forecasts. The pound has also regained ground against other major currencies Fr Read More
LONDON (Alliance News) - The FTSE 100 snapped a four-day winning streak Thursday as major global indices turned slightly lower, despite a strong performance from the London mining sector and some individual retailers. The FTSE 100 closed down 0.1% at 6,815.42, the FTSE 250 closed down 0.5% Read More
(Correcting US CPI forecasts). LONDON (Alliance News) - UK stocks are trading mixed Thursday, with the mining sector outperforming after a positive production update from sector giant Rio Tinto. Meanwhile, eurozone inflation has slowed slightly, in line with expectations. By mid-morni Read More
LONDON (Alliance News) - UK stocks are trading mixed Thursday, with the mining sector outperforming after a positive production update from sector giant Rio Tinto. Meanwhile, eurozone inflation has slowed slightly, in line with expectations. By mid-morning Thursday, the FTSE 100 is down 0.1 Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />NOMURA CUTS DIAGEO PRICE TARGET TO 2200 (2250) PENCE - 'BUY' <br />----------<br />UBS RAISES ANGLO AMERICAN TO 'BUY' ('NEUTRA Read More
(An item published at 11:12 wrongly spelt surname in the title. The correct version follows.) LONDON (Alliance News) - BHP Billiton PLC Wednesday said it has appointed Tony Cudmore from Exxon Mobil Corp as its President of Corporate Affairs. The resources company said Cudmore will joi Read More
LONDON (Alliance News) - UK companies Wednesday started to warn that they are facing a profit hit from the gains sterling has made over the last six months, as revenues they bring back from sales overseas are worth less when translated into pounds. Luxury fashion house Burberry Group, polym Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD' <br />----------<br />MORGAN STANLEY RAISES ASTRAZENE Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />British luxury fashion retailer <strong>Burberry</strong> Group PLC said retail revenue rose 14% in the third quarter, while comparable sales Read More
LONDON (Alliance News) - BHP Billiton PLC Wednesday said it has appointed Tony Cudmore from Exxon Mobil Corp as its President of Corporate Affairs. The resources company said Cudmore will join the group's management committee and start his role in March, based at company headquarters in Aus Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD' <br />----------<br />MORGAN STANLEY RAISES ASTRAZENE Read More
LONDON (Alliance News) - UK shares have opened higher Wednesday on the back of better economic news from the US Tuesday. <br /><br />British luxury fashion retailer <strong>Burberry</strong> joined the list of holiday sales winners, reporting that retail revenue rose 14% in its third quarter. Read More
MELBOURNE (dpa-AFX) - Japanese smelter Pan Pacific Copper said it could not reach an agreement with BHP Billiton on processing fees for copper and hence would not sign a long-term contract with the miner, reports said. The Japanese firm is said to have asked for USD92 per ton to treat coppe Read More