(Alliance News) - The FTSE 100 ended in the green on Thursday, after a weak start to the day, as the narrative around the future of UK interest rates shifted following dovish words from central bank chief Andrew Bailey. Read More
(Alliance News) - Stock prices in London opened in the red on Thursday, as concerns over oil prices, interest rates and weak Chinese data sapped risk appetite across global equities. Read More
Rio Tinto PLC - London-based miner - Hires Jerome Pecresse from General Electric Co to be chief executive of its Aluminium business, replacing Ivan Vella. Rio had announced back in June that Vella had accepted a new position outside the company, having served Rio for 20 years. Pecresse, a French citizen, was until recently CEO of GE Renewable Energy, having joined the US industrial conglomerate upon GE's acquisition of the energy activities of France's Alstom SA, where he also had led Renewable Energy. Pecresse will join Rio on October 23. Read More
(Alliance News) - Stock prices in London opened higher on Monday, as risk sentiment across the globe improved following developments in the US labour market and in China. Read More
(Alliance News) - Stock prices in London opened higher on Tuesday, as UK markets return from a long bank holiday weekend and news that UK shop price inflation decelerated in August. Read More
(Alliance News) - Rio Tinto PLC on Tuesday said it has completed the agreement to sell a majority stake in the La Granja copper project in Peru to First Quantum Minerals Ltd, banking just over USD100 million and gaining a partner who will invest another half billion into the project. Read More
(Alliance News) - Stocks in London are called to open higher on Tuesday, following a long bank holiday weekend. Read More
(Alliance News) - The Serious Fraud Office has dropped a 10-year probe into Rio Tino PLC and former FTSE 100 miner Eurasian Natural Resources Corp, saying it does not have enough evidence to prosecute. Read More
(Alliance News) - Stocks in London were on the up heading into Tuesday afternoon, as a tech rally in the US lifted the mood in Europe, helping the FTSE 100 eat into some of its August loss. Read More
(Alliance News) - Stock prices in London were lower at midday on Monday, as worries surrounding the health of China continued to mount amid trouble in its real estate sector. Read More
(Alliance News) - In the absence of positive catalysts, stock prices in London took their cue from weak trading in Asia, starting the week in the red at Monday's market open. Read More
(Alliance News) - Rio Tinto PLC and its Simfer joint venture has reached an agreement with the Guinean government and Winning Consortium Simandou for infrastructure development at the Simanoud iron-ore project. Read More
(Alliance News) - The pound bounced back Friday morning after bullish UK gross domestic product data, though the FTSE 100 is called to open lower, giving back some of its progress in the week to date. Read More
(Alliance News) - Anglo-Australian mining giant Rio Tinto Ltd announced on Thursday that it will begin construction of the largest solar power plant in northern Canada on the site of its Diavik diamond mine. Read More
(Alliance News) - London's FTSE 100 underwhelmed on Thursday, as a slew of its heavyweights went ex-dividend, though blue-chip equities in mainland Europe were higher, showing no signs of pre-US inflation data angst and overlooking an acceleration in tensions between the world's two largest economies. Read More
(Alliance News) - London's FTSE 100 largely tread water on Thursday morning, though continental peers shot up, with European markets in a largely confident mood ahead of a US inflation report. Read More
Alien Metals Ltd - London-based minerals exploration and development company with five projects in Western Australia - Hires Alwyn Vorster as non-executive chair, cites his "extensive" experience in bulk commodities particularly iron ore. Vorster was previously interim chief executive officer of Hastings Technology Metals Ltd; he has also worked at BCI Minerals, Aquila Resources Inc and Rio Tinto PLC, and is a director at Arrow Minerals Ltd and ChemX Materials Ltd. Incumbent Executive Chair Guy Robertson will transition to new role as executive finance director. Troy Whittaker is also officially promoted to chief executive officer having "been acting as" group CEO since December 2022. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - Blue-chip stock prices in Europe closed lower on Wednesday, as risk aversion set in ahead of a Federal Reserve interest rate decision later. Read More