(Alliance News) - Blue-chip shares in Europe drifted off session highs but still were in the green heading into Tuesday afternoon, amid hope that a threatened global banking crisis is being kept in check. Read More
(Alliance News) - Banking sector turmoil returned to hit stocks again on Friday, with Deutsche Bank bearing the brunt of a sell-off, despite words of reassurance from eurozone finance leaders. Read More
(Alliance News) - Stock prices in London closed sharply higher on increased confidence that a full-blown banking crisis has been avoided, following concerted action across the globe. Read More
(Alliance News) - European equities succumbed to late-morning selling pressure on Friday, as fear of a banking crisis mounted again, with Credit Suisse shares in the red once more. Read More
(Alliance News) - Stocks in Europe recovered more lost ground on Friday morning, but so far have been unable to undo the damage from heavy selling earlier this week. Read More
(Alliance News) - London's equities got off to a slow start on Monday, lagging behind more positive trading in Europe and Friday's rally on Wall Street. Read More
(Alliance News) - Stocks in London were called to open flat on Monday, as the dollar softened ahead of a consequential week for US economic data and monetary policy guidance. Read More
(Alliance News) - Shell PLC's new Chief Executive Wael Sawan has said the US is more attractive for energy investment than the UK, in an interview with The Times on Monday. Read More
Shell PLC - London-based oil and gas company - Says its subsidiary, Shell Salym Development BV, has completed its withdrawal from its 50% interest in the Salym project in Russia. The project had been jointly developed with Gazprom Neft, a subsidiary of Russian majority state-owned energy company PJSC Gazprom. Shell's share in the venture, along with associated interests, have been acquired by Gazprom. Shell says this marks its "latest milestone" in its withdrawal from Russian oil and gas following the invasion of Ukraine. Read More
(Alliance News) - In the latest blow to London's equities, Arm Ltd, the Cambridge, England-based computer chip designer owned by Japan's SoftBank Group Corp has ruled out a UK listing this year, the company confirmed on Friday. Read More
(Alliance News) - Shell PLC on Tuesday said it completed the sale of its 100% interest in Shell Onshore Ventures LLC, which holds a 52% stake in Aera Energy LLC, to Hamburg, Germany-based asset management group IKAV Capital Partners GmbH. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: Read More
(Alliance News) - Shell PLC on Monday completed the acquisition of Danish biogas producer Nature Energy. Read More
Shell PLC - Oil major - Says its subsidiary Shell Offshore Inc has started production at the Vito floating production facility in the US Gulf of Mexico. Shell says Vito is the company's first deep-water platform in the GoM to employ a "simplified, cost-efficient host design", with an estimated peak production of 100,000 barrels of oil equivalent per day. Read More
(Alliance News) - Shell PLC on Thursday said that increased demand from Europe for liquefied natural gas, which sent prices flying in 2022, will drive competition between the continent and Asia. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
(Alliance News) - Stock prices in London closed lower on Friday, as news that the UK managed to avert a recession failed to inspire equities, with interest rate worries hanging over markets again. Read More
(Alliance News) - Stock prices in London were firmly in the red on Friday, with markets taking little joy from the UK economy registering zero economic growth in the final quarter of 2022. Read More