(Alliance News) - Ferrexpo PLC on Wednesday accused Ukraine of breaching its obligations under investment treaties with the UK and Switzerland, saying it has been left with "no option" but to issue a formal legal notification to the government in Kyiv. Read More
(Alliance News) - Stock prices in London opened lower on Wednesday, as investors ready for the Federal Reserve's rate decision, while defence stocks shone on the back of German plans to increase spending. Read More
(Alliance News) - European stocks were in the green at midday on Tuesday, with risk appetite "tentatively returning" ahead of a slew of central bank decisions later this week. Read More
(Alliance News) - European stocks were calmer on Wednesday, shaking off another day of declines in New York, though tariff concerns remain a theme ahead of a key US inflation reading in the afternoon. Read More
(Alliance News) - The FTSE 100 ended lower on Thursday, not helped by a weak start on Wall Street, hurt by a handful of its heavyweight names going ex-dividend. Read More
(Alliance News) - Ukraine has moved to nationalise the Poltava mining and processing plant, the largest asset of Ferrexpo PLC, amid an investigation into alleged misappropriation of funds related to illegal mining, Reuters reported on Thursday. Read More
(Alliance News) - European stocks climbed on Monday, with defence stocks to the fore, as leaders assembled in Paris to consider their response to events in Ukraine. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Blue-chip stocks in Europe opened largely higher at the start of the week, with tariff worries and geopolitical concerns in focus at the start of the week. Read More
(Alliance News) - London's FTSE 100 is called to open flat, following Friday's decline, with geopolitics and US tariff threats in focus. Read More
(Alliance News) - London's FTSE 100 underwhelmed on Thursday, massively underperforming European peers who jumped on Ukraine peace hopes. Read More
(Alliance News) - London's FTSE 100 opened lower on Thursday, with poorly-received earnings, ex-dividend stocks and its index composition meaning it underperformed continental peers which surged on Ukraine peace hope. Read More
(Alliance News) - Stock prices in London closed mostly lower on Friday, amid a climate of "grim" UK consumer confidence. Read More
(Alliance News) - London's FTSE 100 made a slow start on Wednesday, with trade worries keeping positivity at bay again, while GSK was a standout performer in early trade. Read More
Ferrexpo PLC - Baar, Switzerland-headquartered iron ore pellets producer in Ukraine - Updates on proceedings against the group's subsidiary Ferrexpo Poltava Mining in Ukraine. FPM has now received information that a civil claim was filed seeking joint liability of FPM and its general director for damages amounting to around USD3.76 billion in favour of the Ukrainian state. Notes initial accusations on the illegal sale of waste products have transformed into accusations that FPM is illegally mining and selling subsoil, which is said to have caused damage to the environment. FPM rejects these allegations in their entirety on the basis that there was no illegal extraction of the subsoil. FPM mines and extracts iron ore according to its mining licence. The iron ore is then processed to produce iron ore pellets. As a result of these processes, any waste that is leftover is stockpiled in accordance with best mining practices and in compliance with environmental standards. Based on information received by the group and with advice from Ukrainian legal counsel, FPM is of the view that these accusations and claims are without merit and FPM intends to vigorously defend its position in the Ukrainian courts. The operations of the group remain unaffected. Read More
(Alliance News) - Ferrexpo PLC on Thursday said debt claims against its Ukrainian subsidiary have now closed, following the rejection of a court appeal. Read More
(Alliance News) - Ferrexpo PLC on Thursday responded to allegations that its management was involved in illegal mining and waste product sales in Ukraine. Read More
(Alliance News) - Ferrexpo PLC on Thursday said production surged by 25% during the final quarter of 2024, bringing its annual production totals nearly 50% higher. Read More
(Alliance News) - Stock prices in London made a largely uninspiring start to Thursday, amid a mixed response to Christmas trading statements from high streets, while the pound's descent continued. Read More