(Alliance News) - Stock prices in London were largely higher at midday on Tuesday, with stimulus talks in China helping lift the mood, as attention turns to the US Federal Reserve which begins its two-day monetary policy meeting later. Read More
(Alliance News) - The FTSE 100 edged higher on Tuesday morning, lifted into the green as Chinese indices were propelled by hopes of more economic policy support. Read More
(Alliance News) - Unilever PLC on Tuesday guided for strong annual sales growth as it reported double-digit interim profit growth, while volumes stayed steady from the prior year. Read More
(Alliance News) - Stocks in London are set to open higher on Tuesday, buoyed by a strong performance amongst Chinese equities as Beijing pledged fresh economic support measures. Read More
Witan Investment Trust PLC - London-based investment company with diverse holdings including in Apax Global Alpha Ltd, Unilever PLC and Microsoft Corp - Says it was unable to report net asset value as at the close of business on Wednesday due to its administrator experiencing a "technical issue". Says the NAV will be released "as soon as [it] is available". Read More
(Alliance News) - London's FTSE 100 closed higher, though equities in mainland Europe weakened, after both the Federal Reserve and European Central Bank both hinted that they are not done with rate hikes. Read More
(Alliance News) - Unilever PLC on Wednesday said it has acquired a US frozen yoghurt producer for an undisclosed sum. Read More
(Alliance News) - Unilever PLC has appointed executive search firm Spencer Stuart to find a replacement for Chair Nils Andersen, Bloomberg reported on Monday, citing "people familiar with the situation". Read More
(Alliance News) - The FTSE 100 closed firmly in the red on Tuesday despite investors breathing a sigh of relief that an agreement had been reached between US President Joe Biden and House Speaker Kevin McCarthy to temporarily suspend the US debt ceiling. Read More
BrandShield Systems PLC - London-based cybersecurity solutions provider - Joins agreement with the Philippine Intellectual Property Authority to establish code of practice for combatting online sales of counterfeit and pirated goods. Agreement aims to protect consumers from buying inferior and potentially dangerous products. BrandShield will work in collaboration with various organisations including Procter & Gamble PLC, Unilever PLC and the British Chamber of Commons of the Philippines, plus e-commerce platforms such as Lazada Group. Company says agreement is the latest "milestone" in its growing presence in Asia, and will enhance cooperation and knowledge sharing. It hopes this will lead to "proactive and effective strategies" to fight intellectual property infringements online. Read More
(Alliance News) - Stock prices in London opened mixed on Tuesday as UK and US markets returned from a three-day weekend facing a delayed deadline for raising the US debt ceiling. Read More
(Alliance News) - Unilever PLC on Tuesday announced that Chief Financial Officer Graeme Pitkethly intends to leave the company at the end of May next year. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and Thursday and not separately reported by Alliance News: Read More
Unilever PLC - London-based consumer product company - Says Sanjiv Mehta, President, Unilever South Asia, sells 8,906 shares at EUR49.15 worth EUR437,711, 10,129 shares at GBP42.78 worth GBP433,282 and 14,964 shares at EUR42.79 worth EUR640,348. Sales took place last week Friday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations xxxxday morning: Read More
(Alliance News) - Stocks in London are expected to open higher on Tuesday, as financial markets reopen after the long weekend and after a mixed day of trading over in Asia. Read More
(Alliance News) - Pfizer Inc will begin offloading its 32% stake in Haleon PLC as it focuses on reducing debt linked to its USD43 billion acquisition of Seagen Inc and boosting returns to shareholders, according to the Financial Times. Read More