Alliance News South Africa Professional
LONDON MARKET CLOSE: FTSE 100 struggles but DAX and New York on up
(Alliance News) - London's FTSE 100 underperformed in a lacklustre session on Wednesday, with share price falls for oil majors offsetting gains for energy suppliers, while the pound slumped to...
Read moreDowning Street hints at fracking ban lift in UK energy bills package
(Alliance News) - Downing Street has hinted that the fracking ban could be lifted when UK Prime Minister Liz Truss sets out a new package to help deal with the...
Read moreSterling slumps to 1985 dollar low on UK recession fear
(Alliance News) - The British pound plunged Wednesday to its lowest dollar level since 1985, plagued by fears of a UK recession sparked by rocketing inflation and soaring energy bills....
Read moreBank of England chief welcomes remit review before new chancellor meet
(Alliance News) - The governor of the Bank of England has welcomed a potential review of the bank's remit, as he blamed Vladimir Putin for the economic crisis facing the...
Read moreLONDON MARKET MIDDAY: FTSE 100 red despite boost for Centrica and SSE
(Alliance News) - Stock prices in London improved in midday trade on Wednesday as power suppliers were boosted by news of a potential multi-billion package to freeze energy costs, while...
Read moreBP strikes deal with Eni to sell Algerian upstream business
(Alliance News) - BP PLC on Wednesday said it has agreed to sell its upstream business in Algeria to Eni SpA, for an undisclosed amount....
Read moreLONDON MARKET OPEN: Weak data from China hits FTSE 100 miners
(Alliance News) - Stocks in London opened in the red on Wednesday morning as disappointing economic data from China hit FTSE 100 mining stocks and new data in the UK...
Read moreUPDATE: Liz Truss set for first PM's questions after Cabinet reshuffle
(Alliance News) - New UK Prime Minister Liz Truss will work to finalise a multi-billion package to freeze energy bills after conducting a brutal Cabinet cull of Rishi Sunak supporters...
Read moreTOP NEWS: UK house prices hit another record high, but growth slows
(Alliance News) - House prices crept higher in the UK in August from July, but the annual rate of growth - while still steep - has slowed, data from Halifax...
Read moreLONDON BRIEFING: UK house price growth slows; Barratt profit drops
(Alliance News) - A dour session in Asia looks set to carry over into the open in Europe on Wednesday, following disappointing Chinese trade data....
Read more








