LONDON (Alliance News) - Russian state oil company OAO Rosneft and British oil giant BP PLC 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 in Russia, with Rosnef Read More
LONDON (Alliance News) -<strong> Royal Mail</strong> shares have fallen sharply after the company warned of increased competition in the parcels market and a big potential hit from rival TNT's plans to expand its own letter delivery service to more UK cities.<br /><br />Equity markets in the U Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Royal Mail</strong> PLC dropped to the bottom of the FTSE 100 after the company reported a full-year performance in line with expectati Read More
LONDON (Alliance News) - UK shares have opened higher across the board Thursday, after latest indications from US Federal Reserve policy makers left little concern about an imminent rate increase.<br /><br />A flurry of IPO plans were confirmed early Thursday, led by property site<strong> Zoop Read More
LONDON (Alliance News) - BP PLC Thursday said it is appealing to the US Supreme Court over a ruling on Monday supporting compensation claims for certain businesses affected by the 2010 Gulf of Mexico oil spill. The Fifth Circuit appeals court in New Orleans on Monday rejected BP?s request f Read More
LONDON (Alliance News) - The European Commission Tuesday said it will press ahead with a probe into Credit Agricole, <strong>HSBC Holdings</strong> and JP Morgan after they refused to join other lenders in a settlement last year over suspected manipulation of the Euribor interest-rate benchmar Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Marks and Spencer</strong> Group PLC reported its third consecutive annual drop in a closely-watched profit measure, as the retailer con Read More
LONDON (Alliance News) - Company acquisitions and disposals have roared back to the fore Tuesday, with <strong>RSA Insurance</strong>, <strong>London Stock Exchange</strong>, <strong>Wolseley</strong>, <strong>RPS</strong>, <strong>Cobham</strong> and others all making pre-market announcements Read More
LONDON (Alliance News) - BP PLC has suffered a decisive setback in its court battle to limit the cost of its settlement for victims of the 2010 Deepwater Horizon disaster, leaving it with the option only of going to the US Supreme Court as a last chance to avoid billions of dollars of additional Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES INTERCONTINENTAL HOTELS PRICE TARGET TO 2410 (2180) PENCE - 'BUY' <br />----------<br />BERENBERG RAISES RSA INSU Read More
LONDON (Alliance News) - UK stocks are set to open flat to fractionally higher Monday, following a modestly higher close on Wall Street Friday, but with a dearth of macro-economic data scheduled to be released, investors may focus on an early-morning flurry of UK corporate news. US stocks e Read More
LONDON (Alliance News) - BP PLC Friday said Chief Executive Robert Dudley was allotted 115,766 American Depositary shares at a price of USD50.665 each Thursday under the Executive Directors' Incentive Plan for 2011 to 2013. Following this transaction, Dudley now holds 61,355 ADSs. The Read More
LONDON (Alliance News) - BP PLC Monday said that the following executive directors and directors acquired shares at a price of GBP5.009 per share through the company's ShareMatch UK Plan. Executive Director Iain Conn, General Counsel Rupert Bondy, and Chief Financial Officer Brian Gilvary a Read More
LONDON (Alliance News) -<strong> British Sky Broadcasting</strong> confirmed Monday that it is working on the potential acquisition of 21st Century Fox's interests in Sky Deutschland and Sky Italia.<br /><br />Bloomberg, citing people familiar with the matter, reported that talks about the pot Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>British Sky Broadcasting</strong> Group PLC confirmed it is working on the potential acquisition of 21st Century Fox's interests in Sky D Read More
LONDON (Alliance News) - UK shares have opened cautiously higher Monday, amid a lack of economic data and with a wary eye on developments in Ukraine.<br /><br /><strong>BSkyB</strong> confirmed press reports that has approached its major shareholder 21st Century Fox about buying Sky Deutschlan Read More
LONDON (Alliance News) - BP PLC, Niko Resources Ltd and Reliance Industries Ltd together announced on Saturday that they issued on Friday a notice of arbitration to the Indian government over gas prices. The firms had won the approval in 2013 to nearly double their prices at the Indian natu Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />TRADERS: UBS RAISES IMPERIAL TOBACCO TARGET TO 2,750 (2,500) PENCE - 'BUY' <br />----------<br />BERNSTEIN RAISES BP PRICE TARGE Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br />-------<br />FTSE 100 - WINNERS<br />-------<br /><strong>Barclays</strong>, up 4.9%. Barclays has detailed plans to shrink its investment bank with a new round Read More
LONDON (Alliance News) - Glencore Xstrata PLC said Thursday it has appointed Tony Hayward as permanent Chairman of the company with immediate effect. Hayward was appointed to the board in April 2011, prior to Glencore's IPO. He served from the IPO as the Senior Independent Director until Ma Read More