(Alliance News) - London stocks are set to start September on a downbeat note Thursday, after a hot inflation print in the eurozone on Wednesday raised tightening expectations ahead of the European Central Bank's next meeting. Read More
(Alliance News) - Rio Tinto PLC on Wednesday submitted another takeover offer for Turquoise Hill Resources Ltd, the owner of Rio's massive Oyu Tolgoi copper-gold project in Mongolia. Read More
(Alliance News) - London stocks moved lower on Wednesday amid a dearth of corporate news and economic data to trade off, leaving investors bracing for remarks from the head of the US central bank at this week's annual Jackson Hole meeting. Read More
(Alliance News) - Stocks in London ended Tuesday in the green, with mining heavyweights pushing the blue chips higher after peer BHP assuaged fears over potentially weakened demand. Read More
(Alliance News) - European equities pushed higher on Tuesday morning, with markets in London getting a lift from the mining sector and some M&A moves. Read More
(Alliance News) - Stocks in London were higher in early trade on Tuesday, receiving some deal-making impetus, after figures showed the UK jobless rate was unchanged in June, but wages fell markedly on an inflation-adjusted basis. Read More
(Alliance News) - Stocks in London struggled on Monday, but managed to end higher, even as China's central bank slashed key interest rates as a raft of data showed weakness in the world's second-largest economy. Read More
(Alliance News) - European equities struggled to find direction on Monday, with poor economic readings from China hitting the mood after spirits last week were lifted by easing US inflationary pressures. Read More
(Alliance News) - Rio Tinto PLC on Monday reiterated its proposal to acquire full-ownership of Turquoise Hill Resources Ltd for CAD34 per share, around USD25.48. Read More
(Alliance News) - Turquoise Hill Resources Ltd said on Monday it was no longer considering Rio Tinto PLC's takeover offer of CAD34 per share, around USD25.48, for the stake in Turquoise it doesn't yet own. Read More
(Alliance News) - Stock prices in London were mostly lower at midday on Thursday as a rally fuelled by cooling US inflation lost steam, while Walt Disney shares surged in New York after posting huge subscriber growth. Read More
(Alliance News) - Stock prices in London opened mixed on Thursday on a busy day of company news, with Coca-Cola HBC leading the FTSE 100 after well-received interim results, while Network International boosted the FTSE 250. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and in the past week and not separately reported by Alliance News: Read More
Rio Tinto PLC - Anglo-Australian miner - Completes the sale of its Cortex gold royalty to RG Royalties LLC for USD525 million in cash. RG Royalties is a direct wholly-owned subsidiary of Royal Gold Inc. Says that the Cortex royalty is a 1.2% gross production royalty on the Cortez gold mine that is operated by Nevada gold mines, a joint venture between Barrick Gold Corp and Newmont Corp, and the Fourmile project which is 100% owned and operated by Barrick. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
(Alliance News) - Stock prices in London were higher at midday on Wednesday as upbeat earnings from Alphabet and Microsoft helped offset concerns raised by Walmart's profit warning on Tuesday. Read More
(Alliance News) - Rio Tinto PLC on Wednesday cut its interim dividend following a sharp fall in first-half profit, as the world's largest iron ore producer hurt by weaker prices in key commodities and higher operating costs. Read More
(Alliance News) - Stock prices in London opened higher on Wednesday ahead of an interest rate decision by the US Federal Reserve and amid a busy day on the UK corporate earnings front. Read More
(Alliance News) - Stock prices in London are seen opening higher on Wednesday as investors prepare for an interest rate decision by the US Federal Reserve Read More