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...
Read moreLONDON 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...
Read moreIN 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...
Read moreTOP 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. ...
Read moreIN 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...
Read moreLONDON 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. ...
Read moreUK'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....
Read moreTOP 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...
Read moreLONDON 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. ...
Read moreTOP 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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