LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />The UK's two biggest oil companies,<strong> BP</strong> PLC and <strong>Royal Dutch Shell</strong> PLC, will unveil multi-billion pound deals wi Read More
LONDON (Alliance News) - UK stocks trade modestly higher Tuesday, with a number of stand-out gainers supporting indices, while the pound has slipped against other major currencies after the headline rate in UK inflation fell to its lowest level for more than four-and-a-half years. The slim Read More
LONDON (Alliance News) - Serica Energy PLC Tuesday said it is to acquire an 18% stake in the Erskine Field, located in the UK central North Sea, from BP PLC in exchange for USD11.1 million cash and 27 million new Serica shares, in a move that Serica said will give it a cash flow boost, increase i Read More
LONDON (Alliance News) - UK shares have opened higher Tuesday, encouraged by a positive close on Wall Street on Monday and ahead of UK inflation data.<br /><br /><strong>Whitbread</strong> leads FTSE 100 gainers, as it said its Premier Inn hotels and Costa Coffee shops continued their strong s Read More
LONDON (Alliance News) - UK stocks are set to open higher Tuesday ahead of UK Inflation data and eurozone economic sentiment readings to come. Global equity markets made a poor start to the week on Monday as investors exercised caution towards riskier assets amid the ongoing conflict in Ira Read More
LONDON (Alliance News) - UK stock indices closed lower Monday as geopolitical concerns over both Iraq and Ukraine weighed on investor sentiment, while the mining stocks provided some support on the back of comments from Chinese Premier Li Keqiang.<br /><br />Despite being lifted off intra-day Read More
LONDON (Alliance News) - The UK's two biggest oil companies, BP PLC and Royal Dutch Shell PLC, will unveil multi-billion pound deals with China on Tuesday as the government attempts to position the UK as Beijing's preferred European investment partner, Sky News reported Monday, citing insiders.</ Read More
LONDON (Alliance News) - UK stock indices are lower Monday as geopolitical risk continues to weigh on sentiment, while the mining stock are providing some support for indices following comments from Chinese Premier Li Keqiang. By mid-morning Monday, the FTSE 100 is down 0.3% at 6,759.55, th Read More
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