LONDON (Alliance News) - Royal Dutch Shell PLC has chosen a USD2.4 billion offer from oil trader Vitol Group as its preferred bid for its downstream Australian assets, The Australian reported Wednesday, citing a person familiar with the offer. The Australian said that the oil and gas giant Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning and Tuesday afternoon:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />S&P CAPITAL IQ CUTS BARCLAYS PRICE TARGET TO 310 (320) PENCE - 'BUY'<br />----------<br />UBS CUTS Read More
(An item published at 1325 GMT mis-spelt the Fed Chair's surname in the title. The correct version follows.) LONDON (Alliance News) - The FTSE 100 is up for a fifth consecutive day Tuesday amid a continuing global stock rally, with the London blue chip index helped by strong performances Read More
LONDON (Alliance News) - The FTSE 100 is up for a fifth consecutive day Tuesday amid a continuing global stock rally, with the London blue chip index helped by strong performances from the retailers and miners.<br /><br />Retail stocks including <strong>Sports Direct International</strong>, <s Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Barclays</strong> PLC said it is now targeting a higher leverage ratio after reaching its 3.0% target six months ahead of schedule. In t Read More
LONDON (Alliance News) - UK stock indices have made strong gains Tuesday morning, led higher by the mining and retail stocks, on the back of rising precious metal prices and strong bumper retail sales data. Meanwhile Barclays leads the blue chip fallers after reporting its full-year results. < Read More
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LONDON (Alliance News) - UK shares have opened higher Tuesday ahead of the testimony later in the day by new US Federal Reserve Chair Janet Yellen. <br /><br /><strong>Barclays</strong> has said it is in a position to increase its leverage ratio target, despite a loss in its final quarter. Bar Read More
LONDON (Alliance News) - Glencore Xstrata PLC Tuesday said it increased production in 2013 across the majority of its portfolio of assets in a production report. The mining giant said its total own-sourced copper production increased 26% to 1.5 million tonnes in the full year ended December Read More
LONDON (Alliance News) - UK stocks are expected to open higher Tuesday, continuing to make small gains in the absence of any top-tier economic data or other overall market drivers to change sentiment so far this week. That could be set to change with two central bank events ahead. The clear Read More
LONDON (Alliance News) - London's equity markets are up for a third consecutive day Friday as stocks around the world continue to take back some of the losses seen in the preceding five days, but this afternoon's US non-farm payrolls data will decide whether the gains are maintained.<br /><br Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Biopharmaceutical company <strong>Shire</strong> PLC saw its shares fall Friday after it said late Thursday it would abandon clinical development Read More
LONDON (Alliance News) - UK shares have opened higher Friday, as the market looks ahead positively to the US non-farm payrolls report later in the day.<br /><br />After its results on Thursday, <strong>AstraZeneca</strong> has been named a Conviction Buy by Liberum. Meanwhile, JPMorgan has lif Read More
BRUSSELS (Alliance News) - A group led by China Minmetals Corp. is nearing an agreement to acquire commodities trader and natural resources firm Glencore Xstrata PLC's Las Bambas copper project in Peru for more than USD5 billion, Bloomberg reported citing people familiar with the matter. Ci Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG CUTS BSKYB PRICE TARGET TO 680 (750) PENCE - 'SELL' <br />----------<br />BARCLAYS RAISES WHITBREAD PRICE TARGET TO Read More
LONDON (Alliance News) - UK stocks indices struggled to get off the ground Friday, although the FTSE 100 has gained more than 1% over the week, to close at nearly an 8-month high, buoyed by an upgrade to global growth forecasts. The pound has also regained ground against other major currencies Fr Read More
LONDON (Alliance News) - The FTSE 100 snapped a four-day winning streak Thursday as major global indices turned slightly lower, despite a strong performance from the London mining sector and some individual retailers. The FTSE 100 closed down 0.1% at 6,815.42, the FTSE 250 closed down 0.5% Read More
LONDON (Alliance News) - The Central Bank of Zambia said Thursday that its copper output was boosted 21% in the first 11 months of 2013, after investments by major companies and improving global metal prices, according to the Wall Street Journal. The Central Bank said copper output increase Read More