LONDON (Alliance News) - Karelian Diamond Resources PLC said Monday that it had been granted the first two of four exploration claim reservations in the Kuusamo region of Finland by the Finnish Mining Authority. The company said that both reservation areas have been shown to contain mineral 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 following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />SOCGEN STARTS MORRISON WITH 'SELL' - TARGET 200 PENCE <br />----------<br />SOCGEN CUTS PRICE TARGET TESCO TO 270 (290) PENCE - Read More
LONDON (Alliance News) - A raft of strong trading updates from retailers including Primark, Dixons, Home Retail, and Halfords effectively brought the Christmas retail reporting season to a close Thursday, and confirmed that the period had been positive overall despite weak trading for some of Read More
(Correcting US CPI forecasts). LONDON (Alliance News) - UK stocks are trading mixed Thursday, with the mining sector outperforming after a positive production update from sector giant Rio Tinto. Meanwhile, eurozone inflation has slowed slightly, in line with expectations. By mid-morni Read More
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>Rio Tinto</strong>, up 3.8%. The mining company has reported that it has increas Read More
LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Rio Tinto</strong> PLC said it has increased production for iron ore and other metals, achieved record shipment numbers and slashed its Read More
LONDON (Alliance News) - UK stocks are trading mixed Thursday, with the mining sector outperforming after a positive production update from sector giant Rio Tinto. Meanwhile, eurozone inflation has slowed slightly, in line with expectations. By mid-morning Thursday, the FTSE 100 is down 0.1 Read More
LONDON (Alliance News) - Rio Tinto PLC Thursday said it has increased production for iron ore and other metals, achieved record shipment numbers and slashed its annual costs. The major Anglo-Australian miner said it produced 70.4 million tonnes of iron ore in its fourth quarter ending Decem Read More
LONDON (Alliance News) - UK shares have opened mostly lower Thursday despite a strong lead from the US, as investors digest a rush of UK company announcements.<br /><br />In another surprise from Mike Ashley,<strong> Sports Direct</strong> International said it has sold its 4.6% stake in <stro Read More
LONDON (Alliance News) - Anglo-Australian mining giant Rio Tinto PLC reported Thursday a six percent increase in global iron ore production for the fourth quarter, reflecting the expansion of mining operations in the Pilbara region. Shipments also grew 8% to a record amid continued demand from Ch Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD' <br />----------<br />MORGAN STANLEY RAISES ASTRAZENE Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD' <br />----------<br />MORGAN STANLEY RAISES ASTRAZENE Read More
LONDON (Alliance News) - The UK inflation rate has fallen back to the Bank of England's 2.0% target for the first time since 2009 after easing unexpectedly in December, welcome news for both the central bank and the government.<br /><br />The Consumer Price Index hit 2% for the first time sinc Read More
LONDON (Alliance News) - Rio Tinto PLC has acquired 511.0 million shares in Turquoise Hill Resources Ltd for a payment of CAD1.3 million or CAD2.53 per share. The major mining company said Tuesday the acquisition represents roughly 50.8% of the shares offered as part of a rights offering se Read More