LONDON BRIEFING: Pound below USD1.30 after soft UK inflation figures
19th Jul 2023 07:44
(Alliance News) - Stocks in London are called higher on Wednesday, following softer-than-expected inflation figures. Read More
(Alliance News) - Stocks in London are called higher on Wednesday, following softer-than-expected inflation figures. Read More
(Alliance News) - Energy Secretary Grant Shapps has spoken with supermarket and petrol station bosses to tell them "enough is enough" over petrol prices for customers. Read More
(Alliance News) - Some of the UK's largest investors have been accused of backtracking on their support for a climate resolution at oil majors' annual general meetings this year. Read More
(Alliance News) - UK supermarket executives will meet Energy Secretary Grant Shapps on Monday after he warned he would hold retailers to account if they charge "sky high" petrol prices for customers. Read More
Valeura Energy Inc - Thailand and Turkey-focused oil and gas company based in Alberta, Canada - Hires Greg Kulawski as chief operating officer, effective today. Kulawski has previously worked at Sakhalin Energy Investment Co Ltd as deputy chief executive officer and production director and as vice president of safety at Shell PLC. Valeura also announces the retirement of director Ron Royal and appointment of new independent director Lina Lee, both effective August 1. Lee most recently worked at BP PLC as chief financial officer and vice president of strategy at its Global Petrochemicals business. Read More
(Alliance News) - Stock prices in London drifted into the red at Monday's open, as investors digested the latest set of concerning economic data from China, and awaited more earnings from big US companies. Read More
(Alliance News) - BP PLC on Thursday said it is investing USD10 million into WasteFuel, a company that converts trash and agricultural waste into low-carbon fuels such as sustainable aviation fuel and renewable natural gas. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - London's FTSE 100 ran out of steam on Monday to close little changed, while New York markets made a muted start to an abbreviated session ahead of Independence Day. Read More
(Alliance News) - European equities went into Monday afternoon on the up, with the FTSE 100 outperforming as it was supported by its natural resources sector and oil majors. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - European equities underwhelmed on Monday, though markets were largely unscathed despite dramatic events in Russia brought geopolitical concerns back to the fore. Read More
(Alliance News) - Stocks in London are set to open in the red on Friday, as risk sentiment across the globe is damped by hawkish central banks. Read More
(Alliance News) - A county in the northwestern state of Oregon on Thursday filed a lawsuit against major fossil fuel corporations seeking more than USD51 billion over the 2021 "Heat Dome," one of the US' deadliest ever weather disasters. Read More
(Alliance News) - Stock prices in London were lower at midday on Thursday, while the pound struggled for direction, after the Bank of England acted more aggressively than initially expected, as it grapples with rampant UK inflation. Read More
(Alliance News) - Stock prices in London opened in the red on Wednesday, as a hot UK inflation reading intensified fears about the trajectory of interest rates. Read More
H&T Group PLC - Surrey-based pawnbroker and retailer of new and pre-owned jewellery and watches - Hires four new non-executive directors who will join the board effective July 1. Robert Van Breda previously was interim chief financial officer at Griffin Financial Technology Ltd and also has worked at NatWest Group PLC and Vanquis Banking Group PLC. He is expected to chair H&T's audit committee. Lawrence Guthrie is a managing director at Houlihan Lokey and once worked at Charterhouse Capital Partners. Lakeland Ltd Deputy Chair Catherine Nunn, formerly at BP PLC, will chair H&T's newly formed customer committee. Sally Veitch, intended to chair the risk committee, was director of finance at Home Retail Group PLC. H&T also says Senior Independent Director James Thornton intends to retire and as such will not seek re-election at the 2024 annual general meeting. H&T hopes that the new appointments will support its continued growth and broaden the range of skills, experiences and diversity on its board. Read More
(Alliance News) - Baillie Gifford UK Growth Trust PLC on Friday reported an annual decline in net asset value, as property developer Helical PLC and venture capital firm Molten Ventures PLC were cited as the largest detractors. Read More
(Alliance News) - European equities pushed higher in anticipation of a US inflation ease and a Federal Reserve rate hike pause, though a slump in crude prices hurt oil majors. Read More