Alliance News South Africa Professional

LONDON MARKET CLOSE: Oil price drop drags FTSE on hit to energy stocks

31 Aug 2022, 17:04pm

(Alliance News) - Energy firms were struggling in London on Wednesday as oil prices came under pressure, sending the FTSE 100 lower. ...

IN BRIEF: Barclays to sell remaining 7.4% stake in Absa

31 Aug 2022, 16:45pm

Barclays PLC - London-based bank - To sell its remaining shareholding of 63 million shares in Johannesburg-based financial services firm Absa Group Ltd, via its wholly-owned subsidiary, Barclays Principal Investments...

LONDON MARKET MIDDAY: Mood turns risk-off after hot eurozone inflation

31 Aug 2022, 11:58am

(Alliance News) - European stock markets turned decisively lower on Wednesday after inflation in the eurozone accelerated by more-than-expected, raising expectations for further aggressive interest rate hikes by central banks....

LONDON MARKET OPEN: Trade muted as markets wait for eurozone inflation

31 Aug 2022, 08:50am

(Alliance News) - Stocks in London hovered in early trade on Wednesday, with investors cautious ahead of eurozone inflation data later in the morning. ...

TOP NEWS: Anglo American's De Beers diamond sales cycle up 21% on year

31 Aug 2022, 08:38am

(Alliance News) - Anglo American PLC said on Wednesday that rough diamond sales continued to increase, but warned that the temporary closure of polishing factories for the Diwali holidays might...

UK rail union announces September 26 as new strike date

31 Aug 2022, 08:08am

(Alliance News) - Rail workers in the UK are to stage a fresh 24-hour strike next month in an escalation of the national dispute over pay, job security and conditions....

LONDON MARKET PRE-OPEN: Co-op to sell petrol forecourts to Asda

31 Aug 2022, 07:42am

(Alliance News) - Stocks in London are set to stage a slight recovery on Wednesday, with investors encouraged by some better-than-expected Chinese factory data....