Alliance News South Africa Professional
BoE chief economist signals "significant" response to turmoil
(Alliance News) - The Bank of England's chief economist indicated Tuesday that the markets shock caused by Britain's tax-slashing budget called for a "significant" monetary policy action at its next...
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LONDON MARKET CLOSE: Pound stages fight back but still under pressure
(Alliance News) - Stocks in London sunk into the red on Tuesday afternoon, with a see-saw session succumbing to selling pressure with sterling continuing to fight back from historic lows....
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Starmer pledges publicly-owned energy company if Labour win election
(Alliance News) - A Labour government will create a publicly-owned energy company within its first year in office, Keir Starmer has announced....
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IN BRIEF: Vehicle of Ninety One CEO and CFO buys more shares
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two, a company associated with both Chief Executive Officer Hendrik du Toit and Chief...
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UPDATE: UK Chancellor Kwarteng still "confident" growth plan will work
(Alliance News) - UK Chancellor Kwasi Kwarteng has said he is "confident" his tax-cutting strategy to drive economic growth will work despite the turmoil on the financial markets....
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LONDON MARKET MIDDAY: FTSE 100 underperforms but pound steadies
(Alliance News) - Blue-chip European equities traded off session highs heading into Tuesday afternoon, with early morning confidence giving way to caution as the session wore on....
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TOP NEWS: AstraZeneca's Tezspire and Koselugo approved in Japan
(Alliance News) - AstraZeneca PLC on Tuesday said its Tezspire and Koselugo drugs have been approved in Japan for the treatment of severe asthma and patients that suffer from a...
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LONDON MARKET OPEN: Stocks calm and pound steadies; Saga slumps
(Alliance News) - European markets made a more confident start on Tuesday, giving investors a reprieve from recent volatility. ...
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IN BRIEF: MC Mining to raise ZAR472 million in rights issue
MC Mining Ltd - Western Australia-based coal miner with projects in South Africa - Plans to raise AUD40 million, or about ZAR472 million, a rights issue of shares. The fully...
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IN BRIEF: Gemfields gets USD4 million from sapphire and ruby auction
Gemfields Group Ltd - London-headquartered gemstones supplier - Generates USD4.2 million in revenue from auction of predominantly corundum, commercial-quality sapphire and low-quality ruby held last week. The gemstones were extracted...
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