LONDON (Alliance News) - BP PLC Tuesday said that the following executive directors and directors acquired shares at a price of GBP5.056 per share through the company's ShareMatch UK Plan. General Counsel Rupert Bondy, Iain Conn, a divisional chief executive, Chief Of Staff Dev Sanyal and C Read More
LONDON (Alliance News) - Brokerage <strong>ICAP</strong> could now be hit by fines from the European Commission over the manipulation of yen Libor rates, after it said Tuesday it has received a so-called statement of objections from the EU's executive body, which it said it intends to fight vi Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Brokerage<strong> ICAP</strong> PLC could now be hit by fines from the European Commission over the manipulation of yen Libor rates, after it sa Read More
LONDON (Alliance News) - UK shares have opened mixed Tuesday, with AIM marginally outperforming larger stocks.<br /><br />Goldman Sachs joined other brokers in issuing positive notes about AIM giant <strong>ASOS</strong> following its recent share price decline. Goldman added ASOS to its Convi Read More
LONDON (Alliance News) - The US Supreme Court ruled Monday that British oil giant BP PLC must continue paying compensation for damage done by the April 2010 oil spill in the Gulf of Mexico while the company appeals terms of its settlement with some businesses. The US Supreme Court said it w Read More
LONDON (Alliance News) - The US Court of Appeals in New Orleans has ruled that British oil giant BP PLC and Anadarko Petroleum, as co-owners of the ill-fated Macondo well, are automatically liable for violations of the Clean Water Act. The Macondo well exploded in April 2010, triggering the Read More
LONDON (Alliance News) - The European Central Bank on Thursday cut its key interest rate to a record low and embraced a negative deposit rate, the first for a leading central bank, as it tries to fight the low inflation that is threatening to derail the euro area's fragile economic recovery.<b Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />UK pharmaceutical giant<strong> GlaxoSmithKline</strong> PLC has agreed to a USD105 million settlement covering 44 US states over allegations t Read More
LONDON (Alliance News) - <strong>ASOS</strong> is dragging down the AIM All-Share Index at the open Thursday after lowering its profit guidance. The online fashion retailer, by far the biggest AIM stock by market capitalisation, dropped 40% at the open and was down 34% a half hour into trading Read More
LONDON (Alliance News) - The US Court of Appeals in New Orleans has ruled that British oil giant BP PLC and Anadarko Petroleum, as co-owners of the ill-fated Macondo well, are automatically liable for violations of the pollution law. The two companies may face billions of dollars in fines. Read More
LONDON (Alliance News) - Home improvement retailer <strong>Kingfisher</strong> is the biggest decliner on the FTSE 100 Thursday after it warned that it expects tougher trading in the second quarter against stronger comparatives, and said its margins had been hit by discounts in its kitchens an Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Hedge fund manager <strong>Man Group</strong> PLC confirmed it is in talks to buy quantitative hedge fund specialist Numeric Holdings LLC. In a Read More
LONDON (Alliance News) - Centrica PLC confirmed Thursday that Chris Weston, the head of British Gas, is leaving the company to take up the post of chief executive of temporary power provider Aggreko PLC, leaving Centrica without its top three executives. The British energy supplier said Wes Read More
LONDON (Alliance News) - UK shares are higher at open Thursday, ahead of some US economic data later in the day.<br /><br />B&Q and Screwfix owner <strong>Kingfisher</strong> is leading FTSE 100 fallers, down 5.4%. Despite showing a strong increase in its retail profit for the first quarte Read More
LONDON (Alliance News) - BP PLC has asked the US Supreme Court to step in after federal courts in New Orleans lifted an injunction blocking the payment of business claims for economic losses under the settlement that the oil company agreed for victims of the Gulf of Mexico oil spill in 2012, the Read More
LONDON (Alliance News) - There was some bad drilling news for two of the UK's leading oil stocks, as resource companies dominated corporate news Tuesday morning. <strong>Tullow Oil</strong> PLC said it will plug and abandon the exploration well 31/2-21S in the Gotama prospect, offs Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Lloyds Banking</strong> Group PLC said it intends to go ahead with an initial public offering of TSB Banking Group PLC on the London Sto Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>InterContinental Hotels</strong> Group, up 5.8%. The hotel chain has rejected a GBP6 b Read More
LONDON (Alliance News) - UK shares have opened higher Tuesday, catching up with gains made during the bank holiday Monday in Asia and Europe.<br /><br />The mid-cap FTSE 250 is outperforming once again, led by<strong> AVEVA Group</strong>, which raised its total dividend and expressed confiden Read More
LONDON (Alliance News) - British oil giant BP PLC and Russian state oil company OAO Rosneft said Tuesday that they have signed a deal to jointly develop the Domanik shale formations in Central Russia's Volga-Urals region. The two companies will form a joint venture that will be incorporated Read More