(Alliance News) - Stock prices in London opened lower on Thursday as China continues to grapple with Covid-19 outbreaks, while CMC Markets fell sharply after cutting its dividend. Read More
(Alliance News) - Lowered economic growth forecasts from the OECD damped the mood on Wednesday, but the FTSE 100 was one again spared severe losses due to oil majors BP and Shell. Read More
(Alliance News) - London's FTSE 100 index posted modest losses on Tuesday, with a buoyant session for the natural resources sector helping to take some of the sting out of a downbeat day for retailers. Read More
(Alliance News) - Equities in London had a buoyant start to the week after a four-day break, with oil majors and miners leading the gainers amid optimism over easing Covid rules in China. Read More
(Alliance News) - Russia's state-owned energy giant PJSC Gazprom says it has halted the supply of gas to Danish utility Orsted AS and Shell Energy Europe, as expected. Read More
(Alliance News) - Russian state-owned energy company Gazprom will no longer supply Shell Energy Europe or Danish provider Orsted AS with gas as of Wednesday. Read More
(Alliance News) - Stocks in London ended mixed on Tuesday with oil majors helping lift the FTSE 100, while the European counterparts grappled with record inflation. Read More
(Alliance News) - The FTSE 100 was outperforming European peers on Tuesday morning, as blue-chip benchmarks on the continent were suffering after EU leaders agreed a partial ban on Russian oil. Read More
(Alliance News) - Shell PLC said on Monday that, together with its joint venture partner, it has taken a final investment decision to develop the Crux natural gas field off the coast of Western Australia. Read More
(Alliance News) - Stocks in London ended higher on Friday after data showed a key measure of US inflation eased, fuelling hopes that price increases could be slowing. Read More
(Alliance News) - Oil major Shell PLC has questioned the UK government's decision not to allow its green investment to count towards the tax relief it will get from the new windfall tax. Read More
(Alliance News) - Stocks in London ended higher on Thursday after minutes from the US Federal Reserve's latest policy meeting showed the central bank may adopt a less aggressive path later this year. Read More
(Alliance News) - London-listed retailers surged on Thursday after UK Chancellor Rishi Sunak set out a GBP15 billion plan to help households cope with a crippling cost of living crisis. Read More
Shell PLC - London-based oil and gas company - Completes the sale of its retail and lubricants businesses in Russia, Shell Neft LLC, to PJSC Lukoil. Notes that this follows the receipt of all regulatory approvals. The sale includes 411 retail stations, mainly located in the central and north-western regions of Russia. Read More
(Alliance News) - UK Chancellor Rishi Sunak is mulling a windfall tax on more than GBP10 billion of excess profit achieved by electricity generators, the Financial Times reported on Monday. Read More
(Alliance News) - Kingfisher on Monday said first-quarter sales were above pre-pandemic levels but had weakened year-on-year. The owner of the B&Q chain of DIY stores also unveiled a GBP300 million share buyback. Read More
