LONDON (Alliance News) - UK stock indices are trading mixed Thursday, with the mining stocks underperfoming and the price of oil rising, as investors continue to react to the lower global growth forecast from the World Bank and the deteriorating situation in Iraq. By mid-morning Thursday th Read More
LONDON (Alliance News) - Stock markets across the UK and Europe closed lower Wednesday after a warning about the strength of the global economic recovery, with airline stocks leading the falls after a profit warning from Germany's Lufthansa and a major aircraft order cancellation by Emirates s Read More
LONDON (Alliance News) - <strong>J Sainsbury</strong> Wednesday reported another drop in like-for-like sales, its second consecutive quarterly decline after nine years of unbroken sales growth. <br /><br />The UK's third-largest supermarket chain by market share posted a 1.1% decline in like-f Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>J Sainsbury</strong>, up 2.5%, <strong>Tesco</strong>, up 0.6%, and <strong>WM Morri Read More
LONDON (Alliance News) - Major stock markets are lower across the UK and Europe Wednesday, led by falls in airline stocks after Germany's Lufthansa issued a profit warning that has hurt the whole sector, and as trading volumes remain well-below average. Meanwhile, the pound jumped to a sess Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>Imperial Tobacco</strong> Group, up 0.5%. The cigarettes and tobacco company said it w Read More
LONDON (Alliance News) - Inmarsat PLC Thursday said it will build Europe's first high-speed broadband network that can be used by airlines, as it tries to catch up with rivals in the US who are ahead in deploying the technology. The British satellite company said it is in talks with British Read More
LONDON (Alliance News) - Inmarsat PLC Thursday announced plans to deploy in-flight passenger broadband services on planes across the European Union by around 2016, and said British Airways is in advanced discussions to be a launch customer for the product. Inmarsat Chief Executive Rupert P Read More
LONDON (Alliance News) - International Consolidated Airline Group PLC saw its traffic by revenue passenger kilometres rise 7.3% in May compared to the previous year, to 17,345 metres from 16,160 metres. In May, the company's capacity measured in available seat kilometres rose 8% to 21,924 m Read More
LONDON (Alliance News) - UK stocks are trading modestly higher Thursday, although volumes remain light with half of Europe closed for the Ascension Day holiday and no economic data due until the afternoon, when revised US GDP numbers are released. "Trade volumes on the FTSE are basically ab Read More
LONDON (Alliance News) - UK stocks got off to a bad start Monday and never fully recovered after a further softening in Chinese house prices brought concerns over slowing growth in the world's second largest economy to the fore, while the reduced chance of some heavyweight merger and acquisiti Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>EasyJet</strong>, up 1.5%, and International Consolidated Airlines Group, up 0.7%. The Read More
LONDON (Alliance News) - International Consolidated Airlines Group Wednesday said Steve Gunning, a divisional chief executive exercised options under the company share plan over 22,900 shares at a price of GBP2.62 per share. He then sold 18,888 shares at GBP3.9462 each. Shares were trading Read More
LONDON (Alliance News) - The FTSE 100 closed firmly down Friday, ensuring that it ended the week lower than in started it for the first time in four weeks, as investors looked to shed typically risky assets, including equities, ahead of a controversial referendum in eastern Ukraine this weeken Read More
LONDON (Alliance News) - Oil and gas services company<strong> Petrofac</strong> Friday issued a profit warning after it said the planned development of the Greater Stella Area oil field in the North Sea would be delayed until next spring, it was hit by low output at a Romanian oil field, and w Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br />-------<br /><strong>FTSE 100 - WINNERS</strong><br />-------<br /><strong>WPP</strong>, up 0.5%. Shares in the media buying giant have risen after France-based P Read More
LONDON (Alliance News) - Two profit warnings and continued worries about Ukraine and Russia have depressed UK share prices at the open Friday.<br /><br />Both<strong> Petrofac</strong> and <strong>Drax Group </strong>issued profit warnings prior to the open. Petrofac is down 15% at the open, w Read More
LONDON (Alliance News) - International Consolidated Airlines Group Friday predicted that its operating profit will rise in 2014, after its operating loss almost halved in the first quarter as the continued restructuring of Iberia drove down losses at the Spanish airline. The parent of Briti Read More
LONDON (Alliance News) - UK stocks are set to open marginally lower Friday, after the FTSE 100 closed at a ten-week high Thursday on the back of some strong company updates, a dovish sounding Federal Reserve chair, and the increasing prospect of a loosening of monetary policy in Europe. Whi Read More
LONDON (Alliance News) - UK stock indices have closed higher Friday, with the FTSE 100 recording its third consecutive weekly gain. Global markets, already buoyed this week by the prospect of quantitative easing by the European Central Bank, received a further boost Friday from the latest US j Read More