LONDON MARKET MIDDAY: Pound rises amid talks of US interest rate cuts
20th Aug 2024 12:04
(Alliance News) - Stock prices in London took a hit going into Tuesday afternoon, with eyes on the trajectory of US interest rates. Read More
(Alliance News) - Stock prices in London took a hit going into Tuesday afternoon, with eyes on the trajectory of US interest rates. Read More
(Alliance News) - Stock prices in London opened mixed on Tuesday, as investors look ahead to a key inflation reading from the eurozone. Read More
(Alliance News) - Shell PLC on Wednesday said it would invest in a ‘waterflood’ project at its Vito asset in the US Gulf of Mexico. Read More
(Alliance News) - AstraZeneca PLC on Wednesday said that the EU approved Imfinzi in combination with Lynparza for a form of cancer. Read More
ITM Power PLC - Sheffield, England-based designer and manufacturer of electrolyser systems for green hydrogen production - Signs a contract with Shell PLC for the Refhyne II project, following the London-based oil and gas giant's recent positive final investment decision. ITM says it will supply 100 megawatts of Trident electrolyser stacks and skids to the Shell Rheinland Energy & Chemicals Park near Cologne in Germany. Says that Refhyne II will use renewable electricity to produce up to 44,000 kilograms of renewable hydrogen daily, partially decarbonising fuel production at Shell's Wesseling refinery, with the electrolyser set to begin operations in 2027. Adds that it has been enabled by "supportive government policies and frameworks" like the EU's binding targets for renewable hydrogen use in transport and industry, and has gained funding from the EU's Horizon 2020 research and innovation programme. Read More
Tate & Lyle PLC - London-based sweetener and food ingredients supplier - Hires Sarah Kuijlaars to be chief financial officer and board member, starting September 16. Kuijlaars previously was CFO of diamond producer and wholesaler De Beers Group, part of miner Anglo American PLC. She also was deputy CFO at Rolls-Royce Holdings PLC and was a finance executive at Shell PLC. Kuijlaars replaces Dawn Allen, who is leaving Tate & Lyle to become CFO of consumer health products firm Haleon PLC. Read More
(Alliance News) - Murray International Trust PLC on Friday highlighted a cautious outlook amid a fragile geopolitical environment as it reported an uptick in net asset value. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Shell PLC on Thursday announced a new USD3.5 billion share buyback and its second-quarter profit beat expectations. Read More
(Alliance News) - Stock prices in London traded lower on Thursday, with some nerves creeping into as some poor earnings on the continent overshadowed hope of a US interest rate cut next month. Read More
(Alliance News) - London's FTSE 100 is called to open higher on Thursday, after the Federal Reserve Chair Jerome Powell said a September US rate cut is a possibility. Read More
(Alliance News) - Markets in Europe got a boost on Wednesday, ahead of two key interest rate decisions, starting with the US Federal Reserve this evening. Read More
(Alliance News) - Stock prices in London were higher heading into Wednesday afternoon, with gains on the FTSE 100 largely broad-based, though a guidance hike could not push GSK into the green. Read More
(Alliance News) - Stock prices in London opened higher on Wednesday, with solid UK earnings and a rise in oil prices supporting the FTSE 100, with the next Federal Reserve interest rate decision hours away. Read More
(Alliance News) - London's FTSE 100 opened higher on Friday, with NatWest leading the charge, though gains were largely broad-based ahead of a US inflation reading to come. Read More
(Alliance News) - Yu Group PLC on Tuesday announced strong growth in revenue in the first half of 2024. Read More
(Alliance News) - Rio Tinto PLC on Wednesday said Katie Jackson will take charge of the company's copper mines, bringing a wealth of experience across the energy sector. Read More