LONDON (Alliance News) - Shares have opened higher Tuesday following positive leads from US and Asian markets and amid a slew of FTSE 100 and FTSE 250 company trading updates.<br /><br /><strong>St. James's Place</strong> has reported a surge in funds under management in the first quarter and Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BARCLAYS CUTS SAINSBURY PRICE TARGET TO 365 (410) PENCE - 'OVERWEIGHT' <br />----------<br />JEFFERIES CUTS TESCO PRICE TARGET Read More
LONDON (Alliance News) - The FTSE 100 closed marginally higher Monday, rallying back into positive territory after the release of better-than-expected first quarter earnings from US bank Citigroup Inc helped Wall Street make a steady start after the heavy losses of last week. <br /><br />The U Read More
LONDON (Alliance News) - Glencore Xstrata PLC Monday reached a agreed deal to acquire Caracal Energy Inc for 550 pence a share, or about GBP808.5 million in cash, ending Caracal's proposed merger with Transglobe Energy Corp and giving it new oil and gas assets in Africa. Caracal, which oper Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br />COMPANIES<br />----------<br /><strong>Aviva</strong> said it has agreed to sell its 47% stake in South Korean business Woori Aviva Life Insurance to NongHyup Financial Group, as the insurer co Read More
LONDON (Alliance News) - <strong>Aviva</strong> has Monday agreed to sell its 47% stake in its South Korean joint venture Woori Aviva Life Insurance to NongHyup Financial Group, as it continues to contract in the region and focus on markets where it can make the best returns on capital. <br /> Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS ------- Reckitt Benckiser, up 2.3%. Shares in the firm have been on a down trend over the past two weeks, but ahead of Read More
LONDON (Alliance News) - Glencore Xstrata said Monday it has agreed to sell its interest in the Las Bambas copper project in Peru to a Chinese consortium including MMG, Guoxin International Investment Corp and CITIC Metal Co for USD5.85 billion in cash. The deal is part of an agreement to w Read More
LONDON (Alliance News) - UK stocks are set to open firmly lower Monday, following another sharp sell-off on Wall Street on Friday and a weak Asian session overnight, and as increasing tensions in Ukraine are also likely to hurt investor sentiment. Wall Street continued its recent down trend Read More
BEIJING (Alliance News) - Swiss commodities trader and miner Glencore Xstrata PLC agreed Monday to sell its interest in the Las Bambas copper project in Peru to a Chinese consortium including MMG Ltd. (1208.HK), Guoxin International Investment Corp. Ltd. and CITIC Metal Co. Ltd. for USD5.85 billi Read More
LONDON (Alliance News) - The chief executive of Chilean mining company Antofagasta PLC told Reuters on Monday that despite the market for copper facing its first supply glut in four years, the price of copper may have found a bottom. Chief Executive Diego Hernandez said the worst of the wor Read More
LONDON (Alliance News) - Ruspetro PLC Friday said its pretax loss widened significantly in 2013 as costs offset improved production and revenues during the period. The oil and gas development and production company with operations in Russia said its pretax loss widened to USD74.8 million fr Read More
LONDON (Alliance News) - Antofagasta PLC Wednesday said shipments and operations have not been delayed and there has been no damage to its operations following the major earthquake in northern Chile. A spokesman for the Chile-focused copper giant said that its four operating mines in the c Read More
LONDON (Alliance News) - <strong>Marks and Spencer</strong> Group PLC is planning to open 250 new stores outside the UK over the next three years, as part of its global expansion plans.<br /><br />M&S currently operates a total of 455 stores in 53 territories outside the UK, as well as nin Read More
LONDON (Alliance News) - BP PLC Wednesday announced that it intends to halt refinery operations at its major Bulwer Island refinery in Brisbane, Australia by mid-2015, as the Australian operations of major commodities players continue to struggle. The oil and gas major said the growth of ve Read More
LONDON (Alliance News) - BP PLC Wednesday announced that it intends to halt refinery operations at its major Bulwer Island refinery in Brisbane, Australia by mid-2015, as the Australian operations of major commodities players continue to struggle. The oil and gas major said the growth of ve Read More
LONDON (Alliance News) - The FTSE 100 closed modestly higher Friday, ensuring that the index closed the week in positive territory for the second week in a row, but was prevented from pushing even higher by another disappointing performance by the FTSE 350 life insurance sector index, which ended Read More
LONDON (Alliance News) - The life insurance sector was dragging down UK stock indices again Friday after the UK Financial Conduct Authority said it is set to begin an inquiry into up to 30 million policies sold from in the years prior to 2000.<br /><br />The FTSE 350 sector is down 5.0% in rea Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Capital & Counties</strong> <strong>Properties</strong> PLC said it has formed a joint venture with Transport for London that will al Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Glencore Xstrata</strong>, up 1.9%, Anglo American, up 1.6%, and Rio Tinto, up 1.4 Read More