Alliance News South Africa Professional
TOP NEWS: Ping An calls for HSBC cost cuts, would back spin-off
(Alliance News) - HSBC Holdings PLC shareholder Ping An Insurance on Friday said it would support a spin-off plan and added that the Asia-focused financial services firm needs to urgently...
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LONDON MARKET CLOSE: Miners, HSBC and Prudential jump on China hopes
(Alliance News) - Stock prices in Europe bounced back on Friday, putting Federal Reserve hawkishness to one side for now, as hopes of a reversal of zero-Covid policies in China...
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IN BRIEF: Old Mutual says Black Economic Empowerment ownership ongoing
Old Mutual Ltd - Cape Town-based investments, savings, insurance and banking company - Says that the verification and allocation process for its Broad-Based Black Economic Empowerment ownership transaction, known as...
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TOP NEWS: Yamana bid heats up as Pan American, Agnico Eagle enter fray
(Alliance News) - Yamana Gold Inc said on Friday it had received an "unsolicited" offer from Pan American Silver Corp and Agnico Eagle Ltd. ...
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IN BRIEF: MC Mining raises AUD40 million after equity rights issue
MC Mining Ltd - Western Australia-based coal miner with projects in South Africa - Raises AUD40 million, or about ZAR472 million, through an equity rights issue as planned. New shares...
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LONDON MARKET MIDDAY: FTSE 100 rallies ahead of US jobs data
(Alliance News) - Stocks in London looked set to end an eventful week on a high note on Friday, with mining stocks giving the FTSE 100 a boost. ...
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UK's new car market records third successive month of growth
(Alliance News) - The UK's new car market has recorded a third successive month of growth....
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TOP NEWS: UK construction sector continues expanding but outlook sours
(Alliance News) - The UK's construction sector output rose at the fastest pace in five months during October, according to survey results released on Friday, but new orders and business...
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LONDON MARKET OPEN: FTSE 100 boosted by miners as commodities rise
(Alliance News) - Stocks were higher in London early Friday, as mining stocks lifted the FTSE 100, buoyed by rumours of an end to China's zero-tolerance Covid policies. ...
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TOP NEWS: AstraZeneca's Beyfortus wins EU approval for RSV in newborns
(Alliance News) - AstraZeneca PLC on Friday said its respiratory syncytial virus treatment Beyfortus, or nirsevimab, which it develops with Sanofi SA, has received EU approval for prevention of the...
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