Alliance News South Africa Professional
TOP NEWS: Barclays to book GBP31 million loss, sells entire Absa stake
(Alliance News) - Barclays PLC said on Thursday it expects to book a loss of GBP31 million following the sale of its remaining stake in Absa Group Ltd. ...
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TOP NEWS: UK manufacturing PMI beats flash figure, but fall still dire
(Alliance News) - The UK manufacturing sector performed better than first feared in August, but still saw conditions deteriorate sharply, according to survey data from S&P Global on Thursday....
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TOP NEWS: Rio Tinto reaches agreement to buy Turquoise Hill Resources
(Alliance News) - Rio Tinto PLC on Thursday said it has reached a new agreement to take full ownership of Turquoise Hill Resources Ltd at an improved price of CAD43,...
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TOP NEWS: Reckitt shares down 5% as CEO leaves to take job in US
(Alliance News) - Reckitt Benckiser Group PLC on Thursday said Chief Executive Officer Laxman Narasimhan is stepping down to relocate back to the US, and named former BAT chief Nicandro...
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LONDON MARKET OPEN: Downbeat start to September; miners, Reckitt fall
(Alliance News) - September started where August left off, with markets still plagued by worries over central bank tightening, inflation and recession risks. ...
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LONDON MARKET PRE-OPEN: Reckitt Benckiser CEO Narasimhan to step down
(Alliance News) - London stocks are set to start September on a downbeat note Thursday, after a hot inflation print in the eurozone on Wednesday raised tightening expectations ahead of...
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LONDON MARKET EARLY CALL: PMIs in focus amid central bank jitters
(Alliance News) - London stocks are set to start September on a downbeat note Thursday, after a hot inflation print in the eurozone on Wednesday raised tightening expectations ahead of...
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UK Tories vying to replace PM Johnson hold final hustings
(Alliance News) - The two Conservatives battling to become Britain's next leader squared off Wednesday for the final time in front of party members set to decide the contest, just...
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LONDON MARKET CLOSE: Oil price drop drags FTSE on hit to energy stocks
(Alliance News) - Energy firms were struggling in London on Wednesday as oil prices came under pressure, sending the FTSE 100 lower. ...
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IN BRIEF: Barclays to sell remaining 7.4% stake in Absa
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...
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