(Alliance News) - BP PLC on Wednesday said Chief Executive Murray Auchincloss will step down on Thursday and be replaced by Woodside Energy Group Ltd boss Meg O'Neill. Read More
(Alliance News) - The FTSE 100 made strong headway on Wednesday, supported by a larger-than-expected cooling in inflation and a spike in the oil price. Read More
(Alliance News) - The FTSE 100 fell on Tuesday, weighed down by falls in defence and oil stocks, and after mixed economic data in the UK and US. Read More
(Alliance News) - Shell PLC's head of mergers & acquisitions team has left the company after clashing with Chief Executive Wael Sawan over a proposed takeover of rival oil major BP PLC, the Financial Times reported Tuesday. Read More
(Alliance News) - UK unemployment ticks higher, Anglo American secures a regulatory green light for its merger with Teck, and IG Group posts strong quarterly revenue growth as it sees further momentum into 2026. Read More
(Alliance News) - The FTSE 100 marched higher on Monday, ahead of a raft of key economic data and an expected interest rate cut by the Bank of England later this week. Read More
(Alliance News) - Blue chip stocks in London underperformed European and US peers on Friday, despite stable inflation data across the pond, as falls in oil majors BP and Shell weighed. Read More
(Alliance News) - BP PLC is in advanced talks to sell its Castrol lubrications business to Stonepeak Partners LP at a value of more than USD8 billion, which would match BP's current expectations, the Financial Times reported on Thursday. Read More
(Alliance News) - Stock prices in Europe opened in the green on Friday, but much like New York overnight, trade in London lacked a spark as investors look ahead to next week's US Federal Reserve decision. Read More
(Alliance News) - Stock prices in London opened largely flat on Wednesday and lagged a rally in Europe, as J Sainsbury was hit after the Qatari sovereign wealth fund sold some of its stake. Read More
(Alliance News) - HSBC promotes its interim chair to the permanent position, Smiths Group agrees to sell Smiths Detection at an enterprise value of GBP2.0 billion and Paragon Banking raises its total dividend. Read More
(Alliance News) - Stocks in London are set to open marginally higher on Wednesday, after HSBC Holdings PLC promoted its interim chair to the permanent position after a long search process. Read More
(Alliance News) - The FTSE 100 shook off hefty falls in Premier Inn owner Whitbread to end the week in positive territory, with gains elsewhere in Europe and the US too. Read More