(Alliance News) - Stock prices in London opened sharply higher on Thursday after the US Federal reserve assuaged fears over further aggressive monetary policy tightening, while positive updates from Mondi and Shell boosted the FTSE 100. Read More
(Alliance News) - Shell on Thursday reported a substantial rise in first-quarter earnings due to the surging price of oil, even as it joined energy peers in taking a write-down from exiting Russia following the invasion of Ukraine. Read More
(Alliance News) - JD Wetherspoon on Wednesday said sales improved steadily since the ending of all Covid restrictions, but the pub chain said virus woes have been replaced by "considerable pressure on costs" as a new source of concern. Read More
(Alliance News) - The FTSE 100 crept into the new week after the bank holiday, with traders digesting a bounce-back for stocks in New York overnight and sharp losses in Europe on Monday. Read More
(Alliance News) - BP PLC's plan to return cash to shareholders intensified calls by some UK politicians for a windfall profit tax on energy companies as millions of low income households fall behind on household bills. Read More
(Alliance News) - Stock prices in London were lower at midday on Tuesday following the long bank holiday weekend in the UK, as markets globally prepare for a sharp US interest rate hike and similar moves by other central banks as they struggle to control inflation. Read More
(Alliance News) - BP PLC on Tuesday said it swung to a first-quarter loss due to its decision to exit from its shareholding in Rosneft in response to Moscow's invasion of Ukraine; however on an underlying basis, the oil major reported a big jump in profit. Read More
(Alliance News) - Stock prices in London opened lower on Tuesday following the long bank holiday weekend, with BP shares rising as the oil major planned to return cash to shareholders amid calls by some UK politicians for a windfall profit tax on energy companies. Read More
(Alliance News) - BP on Tuesday said it swung to a first-quarter loss due to its decision to exit from its shareholding in Rosneft in response to Moscow's invasion of Ukraine; however on an underlying basis, the oil major reported a big jump in profit. Read More
(Alliance News) - Stock prices in London are seen opening lower on Tuesday, after the long bank holiday weekend in the UK, as concerns rise over aggressive monetary policy tightening by the US Federal Reserve. Read More
BP PLC - London-headquartered oil major - Signs strategic partnership with German automaker Volkswagen AG to "boost" adoption of electric vehicles across Europe. The pair plans to "rapidly" build fast-charging EV network across Europe by 2024. Read More
(Alliance News) - A subsidiary of London-based oil giant BP PLC sold a 5.0% stake in UK-focused oil and gas company Serica Energy PLC, it was announced on Thursday. Read More
Serica Energy PLC - gas producer in UK North Sea - BP Exploration Operating Co Ltd intends to sell up to 13.5 million shares in Serica, reflecting a 5.0% interest in the company. Read More
(Alliance News) - Stocks in London ended mixed on Tuesday as earlier gains faded after US equity markets fell sharply at the open, while heavyweight oil majors helped keep the FTSE 100 in the green. Read More
(Alliance News) - Oil majors and housebuilders helped lift the FTSE 100 in early dealings on Tuesday, while Associated British Foods sat at the bottom of the list of London blue-chip and HSBC's first-quarter numbers underwhelmed. Read More
(Alliance News) - Stocks in London ended sharply lower on Monday on fears that Covid-19 lockdowns will extend to China's capital city, as cases spike. Read More