Alliance News South Africa Professional
IN BRIEF: British American Tobacco plans ITC Hotels block trade
British American Tobacco PLC - London-based maker of cigarette and vaping products - Intends to sell between 7% and 15.3% of shares in ITC Hotels Ltd in a block trade...
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LONDON MARKET MIDDAY: Stocks climb but construction activity sinks
(Alliance News) - Stock prices in London were higher at midday on Thursday, though data showed that in November UK construction activity fell at the fastest pace since the pandemic....
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UK construction activity sinks fastest since the pandemic in November
(Alliance News) - UK construction activity fell at the fastest pace in five and a half years in November, in the eleventh month of lower construction output, data published by...
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LONDON MARKET OPEN: FTSE 100 slips despite European rally as SSE falls
(Alliance News) - Stock prices in London were mixed on Thursday, as the FTSE 100 missed out on a European rally amid weakness in SSE and National Grid after Ofgem...
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Rio Tinto sees profit boost from cost cuts, asset sales, copper growth
(Alliance News) - Rio Tinto PLC on Thursday announced ambitions to sharpen and simplify the business, focused on three "world class" operations, iron ore, copper and aluminium & lithium....
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LONDON BRIEFING: Ofgem approves GBP28 billion energy grid investment
(Alliance News) - Rio Tinto says earnings could rise by up to 50% by 2030, SSE and National Grid welcome Ofgem's approval of GBP28 billion of energy investment and SSP...
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IN BRIEF: Byrne to replace Murphy as Greencoat Renewables chair
Greencoat Renewables PLC - Dublin-based renewable energy infrastructure investor - Chair Ronan Murphy intends to retire at the conclusion of the 2026 annual general meeting on May 7, 2026. Murphy...
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LONDON MARKET EARLY CALL: FTSE 100 to rise before construction data
(Alliance News) - Stocks in London are set to open higher on Thursday, ahead of a swathe of construction PMI readings and initial jobless claims data in the US....
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Vodacom agrees to raise ownership of Safaricom in Kenya to 55%
(Alliance News) - Vodacom Group Ltd on Thursday said it has agreed to acquire an additional 20% stake in Safaricom PLC for USD2.1 billion, or ZAR36.0 billion. ...
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LONDON MARKET CLOSE: Buoyant miners fail to fire lacklustre FTSE 100
(Alliance News) - The FTSE 100 edged lower on Wednesday, despite strong gains in mining stocks and some brighter economic data. ...
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