(Alliance News) - European energy market worry, UK fiscal policy concern, and interest rate hike and inflation fear were piling up on markets on Wednesday morning. Read More
(Alliance News) - All eyes will be on the pound when traders in Europe return to desks on Monday, after the UK currency fell to an all-time low during the Asian session. Read More
(Alliance News) - Burberry Group PLC on Friday said Chief Operating & Financial Officer Julie Brown plans to step down at the close of its current financial year on April 1, 2023. Read More
(Alliance News) - Burberry Group PLC reported on Friday that continued Covid disruption in China had offset comparable store sales growth in its first quarter. Read More
(Alliance News) - Stocks in London ended the week in the green after positive retail sales data from the US, easing fears over future US interest rate hikes. Read More
(Alliance News) - Stocks in London were broadly higher at midday on Friday, amid easing fears over future US interest rate hikes, while the AIM market was weighed down by a lowered earnings guidance from highly rated Fevertree Drinks. Read More
(Alliance News) - Stocks in London was mostly higher in early trade, as investor fears of a full percentage point rate hike from the US Federal Reserve later this month were eased by comments from several central bank members, reiterating support for a 75 basis point raise. Read More
(Alliance News) - Burberry Group PLC shares dropped on Friday morning after the retailer reported that continued Covid disruption in China offset comparable store sales growth in its first quarter. Read More
Burberry Group PLC - London-based luxury fashion retailer - Sees some minor shareholder rebellion at its annual general meeting on Tuesday, though ultimately all resolutions were passed with majorities. Notes 34% vote against the re-election of Antoine de Saint-Affrique as director of the company. Saint-Affrique is also chief executive of French food company Danone SA. Read More