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...
Read moreLONDON 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....
Read moreStarmer 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....
Read moreIN 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...
Read moreUPDATE: 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....
Read moreLONDON 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....
Read moreTOP 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...
Read moreLONDON 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. ...
Read moreIN 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...
Read moreIN 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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