LONDON (Alliance News) - Aggreko is leading the FTSE 100 in early trading Tuesday after the temporary power company said it has seen mixed results in its first quarter, with strong underlying revenue growth in two of its three regions being impacted by adverse currency movements as previously exp Read More
LONDON (Alliance News) - UK stocks are set to make a stable open Tuesday, ahead of UK consumer price inflation data that will provide the market focus for the morning. On Monday the UK's leading share index staged an afternoon turnaround, rallying back to a marginally positive close after h 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) -Punch Taverns PLC has brought in an independent corporate restructuring expert to aid long-running discussions over its GBP2.3 billion debt mountain, The Sunday Telegraph reports without saying where it got the information. Dean Merritt, from Talbot Hughes McKillop, Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />British drugmaker<strong> GlaxoSmithKline</strong> PLC is investigating claims of improper conduct related to its business in Iraq, less than a y Read More
LONDON (Alliance News) - Weak leads from the US and Asia have combined with continued tensions in the Ukraine to depress UK shares at the open Monday.<br /><br />Among UK corporate news at the start of the week, <strong>Kentz</strong> said it has been awarded a USD570 million services contract Read More
LONDON (Alliance News) - Punch Taverns PLC Monday said it will ask noteholders for covenant waivers, as it seeks yet more time to get a deal with its creditors for a broad restructuring of its debt pile. In a statement, the pub operator said it will convene a noteholder meeting for April 19 Read More
LONDON (Alliance News) - Punch Taverns PLC Monday said it will ask noteholders for covenant waivers, as it seeks yet more time to get a deal with its creditors for a broad restructuring of its debt pile. In a statement, the pub operator said it will convene a noteholder meeting for April 19 Read More
LONDON (Alliance News) - Punch Taverns PLC Wednesday again reminded its bond holders and other creditors that they stand to lose more of their investments if the sides can't reach a consensual deal to restructure the pub operator's debt in the next few weeks. Talks over the debt restructuri Read More
LONDON (Alliance News) - Punch Taverns PLC said Friday it is trading broadly in line with management expectations as it continues its pub investment and non-core pub disposal programmes. The pub operator said trading has continued in line with management expectations for the 20 weeks to Jan Read More
LONDON (Alliance News) - UK shares are adding to their gains at the open Friday amid some positive UK and European economic data. <br /><br />Troubled FTSE 250 outsourcing firm<strong> Serco</strong> is up 10% after pulling off something of a coup by recruiting the CEO of FTSE 100 temporary po Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Tullow Oil</strong> PLC said its pretax profit fell significantly in its recent full year, due to lower disposal gains and higher expl Read More
LONDON (Alliance News) - Punch Taverns PLC Wednesday said it has withdrawn resolutions that were supposed to be put to a meeting of its noteholders on Friday so that it can continue talks about its debt restructuring with stakeholders. The talks have been dragging on, with classes of Punch Read More
LONDON (Alliance News) - Shares have opened mostly flat Wednesday, as the market awaits the Bank of England's Quarterly Inflation Report at 1030 GMT. <br /><br /><strong>Telecity</strong> is holding back the FTSE 250. The data-centre provider is down 13% after announcing higher 2013 profit and Read More
LONDON (Alliance News) - Pubs group Punch Taverns PLC Wednesday revealed the final terms of its debt restructuring proposals, after more than a year of talks with key stakeholders, Punch Taverns is trying restructure its Punch A and Punch B securities in an effort to improve its balance she Read More