LONDON (Alliance News) - The Bank of England Tuesday said it will test whether some of the UK's biggest banks and building societies are able to withstand scenarios including a house price collapse or a sharp rise in interest rates, as it detailed its future so-called stress tests. Institut Read More
LONDON (Alliance News) - <strong>Aviva</strong> has Monday agreed to sell its 47% stake in its South Korean joint venture Woori Aviva Life Insurance to NongHyup Financial Group, as it continues to contract in the region and focus on markets where it can make the best returns on capital. <br /> Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS ------- Reckitt Benckiser, up 2.3%. Shares in the firm have been on a down trend over the past two weeks, but ahead of Read More
LONDON (Alliance News) - Glencore Xstrata said Monday it has agreed to sell its interest in the Las Bambas copper project in Peru to a Chinese consortium including MMG, Guoxin International Investment Corp and CITIC Metal Co for USD5.85 billion in cash. The deal is part of an agreement to w Read More
LONDON (Alliance News) - UK stocks are set to open firmly lower Monday, following another sharp sell-off on Wall Street on Friday and a weak Asian session overnight, and as increasing tensions in Ukraine are also likely to hurt investor sentiment. Wall Street continued its recent down trend Read More
LONDON (Alliance News) - Orix Corp., Japan-based Financial services group, is considering bidding for Asia-focused lender Standard Chartered PLC.'s consumer credit unit in Hong Kong, Bloomberg reported citing two people familiar matter. Orix may seek to team up with another investor to acqu Read More
LONDON (Alliance News) - The UK's top five banks have become safer over the last five years, but still have work to do to make their balance sheets more resilient, according to a new KPMG report. According to the report, UK banks' total assets reduced by 25% to GBP5.2 trillion in the five y Read More
LONDON (Alliance News) - Tullow Oil PLC Monday said it has refinanced its revolving credit facility, increasing it by 50% to USD750.0 million. In a statement, Tullow said the refinanced facility has been extended to April 2017. The arrangement is a fully committed, secured and revolvi Read More
LONDON (Alliance News) - Tullow Oil PLC Monday said it has refinanced its revolving credit facility, increasing it by 50% to USD750.0 million. In a statement, Tullow said the refinanced facility has been extended to April 2017. The arrangement is a fully committed, secured and revolvi Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES KINGFISHER PRICE TARGET TO 440 (420) PENCE - 'NEUTRAL' <br />----------<br />HSBC RAISES KINGFISHER PRICE TARGET TO Read More
LONDON (Alliance News) - Shares have opened lower Thursday following a weak close in NY on Wednesday.<br /><br /><strong>Babcock International</strong> is leading the FTSE 100 lower after announcing a GBP1.10 billion rights issue to fund the GBP920 million acquisition of helicopter firm Avinci Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS ITV TO 'NEUTRAL' ('BUY') - TARGET 210 (230) PENCE <br />----------<br />GOLDMAN CUTS STANDARD CHARTERED PRICE TARGET Read More
LONDON (Alliance News) - Standard Chartered PLC Tuesday said Non-Executive Director Simon Lowth acquired 45 shares at a price of GBP12.15963 per share. Following this transaction, Lowth now holds 10,438 shares. Shares in the bank closed at 1,221.00 pence, up 1.6% Tuesday. By Arv Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES MEGGITT TO 'BUY' ('NEUTRAL') - TARGET 520 (530) PENCE <br />----------<br />BARCLAYS CUTS RBS TO 'EQUAL WEIGHT' ('OVE Read More
LONDON (Alliance News) - The UK government said Wednesday it will consult on the merits of tying its levy on banks to the health of their balance sheets rather than the current flat rate charged on all banks. The tax on banks that has been criticised by the sector for eating into profits at Read More
LONDON (Alliance News) - Standard Chartered PLC Monday said a group of executives including Chief Executive Peter Sands acquired shares under the company the Deferred Restricted Share Award at GBP11.924515 Friday.<br /><br />Details are as follows. <table class="bl" cellspacing="0" cellpadd Read More
LONDON (Alliance News) - UK and European stocks opened lower Wednesday and continued to slide throughout the day as increased concern over the health of China's economy, unconvincing economic numbers, the ongoing tension in Ukraine, as well as number of large cap stocks going ex-dividend, all hel Read More
LONDON (Alliance News) - Standard Chartered PLC Wednesday said a group of executives including Chief Executive Peter Sands acquired shares under the company Restricted Share Scheme and Deferred Restricted Share Award at GBP12.429887 Tuesday.<br /><br />Details are as follows.<br /><br /> <t Read More