(Alliance News) - Next on Thursday lifted profit guidance after second-quarter sales came in ahead of forecasts, partly thanks to dry weather in the UK encouraging people to dress up and go out. Read More
(Alliance News) - BP's second quarter profit jumped on stronger refining margins, the company said on Tuesday, though a Russia hit in the first quarter more than ensured a weaker first-half bottom line. Read More
(Alliance News) - HSBC Holdings PLC's intention of higher returns is unlikely to do enough to quell its largest shareholder's wish to split its Asian operations from the rest of the bank. Read More
(Alliance News) - Stocks in London ended lower on Monday as US House Speaker Nancy Pelosi kicked off an Asia tour that has been shrouded in secrecy following an escalation in tensions with China over Taiwan. Read More
(Alliance News) - Blue-chip equities in London moved higher on Monday morning, with a decent batch of corporate earnings allowing the FTSE 100 to shake off largely poor manufacturing sector readings from Europe and Asia. Read More
(Alliance News) - European equities were largely higher in early dealings on Monday, undeterred by a weaker manufacturing activity reading from China and poor German retail sales figures, with gains for lenders and publisher Pearson supporting the FTSE 100. Read More
(Alliance News) - Stock prices in London were seen opening lower on Monday, with the FTSE 100 giving back some of Friday's advance, as economic data from China disappointed. Read More
(Alliance News) - HSBC Holdings PLC on Monday reported a drop in profit in the first half, on a rise in expected credit losses, but has vowed to up its returns to shareholders as the bank looks set to benefit from the current interest rates cycle. Read More
(Alliance News) - HSBC Holdings PLC has installed a Chinese Communist party committee within its investment bank, the Financial Times reported on Thursday. Read More
TP Group PLC - Wincanton, England-based consulting, software and engineering company - Completes the sale of Sapienza Consulting Holdings BV to a wholly owned subsidiary of Serco Group PLC, a FTSE 250-listed outsourcer. Half of the net proceeds, around GBP1 million, will now be used to part repay the company's GBP7 million loan facility with HSBC Bank PLC. Read More
