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Glencore (GLEN) Share News

UK MORNING BRIEFING: UK Consumer Confidence Rises; Aviva In US Sale

28th Mar 2014 08:35

LONDON (Alliance News) - UK shares have opened higher Friday, as a consumer confidence survey has reinforced positive sentiment from strong UK retail sales figures released on Thursday.<br /><br />British consumer confidence hit its highest level since August 2007 on upbeat general economic an Read More

Ruspetro Renews USD30 Million Prepayment Facility With Glencore Xstrata

28th Mar 2014 07:59

LONDON (Alliance News) - Ruspetro PLC Friday said it has signed a further crude oil prepayment facility with Glencore Energy UK Ltd, a subsidiary of Glencore Xstrata PLC, for USD30 million. The Russian oil and gas company said the deal renews and replaces its existing prepayment facility wh Read More

UK MIDDAY BRIEFING: Regulators Confirm UK Energy Market Review

27th Mar 2014 13:48

LONDON (Alliance News) - UK regulators have now confirmed they will investigate whether the country's major energy companies are preventing effective competition in the market, a decision that prompted British Gas parent Centrica to warn that the review could delay crucial investments in new i Read More

UK WINNERS & LOSERS: Babcock, Tullow Oil Lead Blue-Chip Fallers

27th Mar 2014 13:01

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Old Mutual</strong>, up 0.5%. The group has agreed to sell Skandia Germany and S Read More

Glencore Suspends Ravensworth Mine As Australian Market Struggles

27th Mar 2014 11:41

LONDON (Alliance News) - Glencore Xstrata PLC said Thursday it is planning to suspend operations at its Ravensworth underground coal mine in Australia, after a major fall in coal market prices. A spokesman for the miner said it was no longer financially viable to operate the mine due to low Read More

Caracal Energy Notes First Shipment Of Badila Field Oil

24th Mar 2014 10:35

LONDON (Alliance News) - Caracal Energy Inc Monday said that the first shipment of oil from its Badila field for export has been loaded at the Kribi sea terminal, offshore Cameroon. The oil and gas exploration and development company said the total cargo size of the lifting was roughly 950, Read More

UK MIDDAY BRIEFING: Osborne To Stay Course In Budget

19th Mar 2014 12:13

LONDON (Alliance News) - UK Chancellor of the Exchequer George Osborne is expected Wednesday to again hail the country's continuing economic recovery whilst reiterating that yet more needs to be done to ensure it is sustained. <br /><br />In his annual budget speech, which starts at 1230 GMT, Read More

UK WINNERS & LOSERS: Imagination Tech Leads FTSE 250 Risers

19th Mar 2014 11:29

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Barclays</strong>, up 2.9%. The bank plans to solicit offers for its index busi Read More

PRESS: China Minmetals Confirms Talks With Glencore Xstrata - WSJ

19th Mar 2014 08:57

LONDON (Alliance News) - A unit of China Minmetals Corp has for the first time admitted that it is in talks Glencore Xstrata PLC to acquire interest in the Las Bambas project in Peru, according to a report in the Wall Street Journal on Wednesday. However, while the newspaper reported on Mon Read More

CORRECT: UK MIDDAY BRIEFING: Housebuilders Lead FTSE 350 On More Help-To-Buy

17th Mar 2014 12:49

(Correcting direction of FTSE 250 index.) LONDON (Alliance News) - Housebuilders lead a surprisingly upbeat UK equities market Monday, occupying six of the top ten spaces in the FTSE 350, buoyed by an extension to the UK government's Help to Buy scheme.<br /><br />Chancellor George Osbor Read More

UK MIDDAY BRIEFING: Housebuilders Lead FTSE 350 On More Help-To-Buy

17th Mar 2014 12:45

LONDON (Alliance News) - Housebuilders lead a surprisingly upbeat UK equities market Monday, occupying six of the top ten spaces in the FTSE 350, buoyed by an extension to the UK government's Help to Buy scheme.<br /><br />Chancellor George Osborne confirmed that the government's flagship Help Read More

UK WINNERS & LOSERS: Housebuilders Jump; Supermarkets Fall Again

17th Mar 2014 11:57

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Persimmon</strong>, up 4.7%. The housebuilder's share price has jumped following c Read More

REPEAT: PRESS: Glencore Xstrata Nears Sale Of Las Bambas - WSJ

17th Mar 2014 11:15

LONDON (Alliance News) - Glencore Xstrata PLC is on the edge of reaching a deal on the multibillion dollar sale of its Las Bambas Peruvian copper project to a Chinese consortium, according to a report in the Wall Street Journal on Monday. The newspaper said that, according to people familia Read More

PRESS: Glencore Xstrata Nears Sale Of Las Bambas Copper Project - WSJ

17th Mar 2014 10:31

LONDON (Alliance News) - Glencore Xstrata PLC is on the edge of reaching a deal on the multibillion dollar sale of its Las Bambas Peruvian copper project to a Chinese consortium, according to a report in the Wall Street Journal on Monday. The newspaper said that, according to people familia Read More

MARKET COMMENT: UK Stocks Slump, Copper Melts On China Growth Concerns

12th Mar 2014 11:00

LONDON (Alliance News) - Stock indices across the UK and Europe have followed Asia lower Wednesday. Amid a lack of economic data, renewed concern over the health of the Chinese economy and an ongoing stalemate between Ukraine and Russia are weighing on investor sentiment. By mid-morning We Read More

MARKET COMMENT: FTSE 100 Reverses Early Strength To Close Lower

10th Mar 2014 17:20

LONDON (Alliance News) - The FTSE 100 overturned early strength to close lower Monday, as investors digested some weaker-than-expected Chinese trade data released over the weekend, amid a lack of fresh major macro-economic data releases. A report from the Chinese General Administration of C Read More

UK MIDDAY BRIEFING: London's Capital Markets Continue Recovery

10th Mar 2014 14:04

LONDON (Alliance News) - London's capital markets continued a resurgence Monday as two more companies announced that they intend to list, another started trading, and AIM-listed <strong>Fyffes PLC</strong> said it would be acquired by Chiquita Brands International Inc of the US in a deal that Read More

UK WINNERS & LOSERS: Mining Stocks Among The Biggest Fallers

10th Mar 2014 12:07

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS Rolls-Royce Holdings, up 2.9%. The group is the biggest riser on the blue-chip index after it said after the UK equity market Read More

UK MIDDAY BRIEFING: Putin Comments Cause Markets U-Turn

4th Mar 2014 14:25

LONDON (Alliance News) - London's stock markets have Tuesday taken back all of the losses they made yesterday, after Russian President Vladimir Putin said the country would only send troops in to Ukraine as a last resort.<br /><br />The less threatening tone from Russia has led to a global equ Read More

UK WINNERS & LOSERS: Alent, Vesuvius Gain On Maiden Annual Earnings

4th Mar 2014 12:05

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br /><br />-------<br /><br />Stocks around the world are rebounding after Russian President Vladimir Putin ordered Russian military units to return to their permanen Read More

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