BT Group to sell BT Tower to MCR Hotels for £275 million

BT Group PLC on Wednesday said that it has agreed to sell the BT Tower to MCR Hotels, which plans to preserve the building as...

Wed, 21/02/2024 - 09:03


LONDON MARKET OPEN: Stocks mixed ahead of US Fed minutes release

Stocks in London opened mixed on Wednesday, with the FTSE 100 dragged down by soft earnings from HSBC and Glencore, two of its largest constituents...

Wed, 21/02/2024 - 08:50


TOP NEWS: Glencore cuts dividend as profit slips amid metal price fall

Glencore PLC on Wednesday reported a hefty fall in profit, and cut its dividend, as markets ‘normalised’, and commodity prices fell.

The Barr, Switzerland-based diversified mining...

Wed, 21/02/2024 - 08:45


UK government borrowing surplus rises in January from prior year

The UK’s public sector borrowing surplus more than doubled in January from the year before, according to the Office for National Statistics on Wednesday, though...

Wed, 21/02/2024 - 08:03


TOP NEWS: Rio Tinto earnings fall and predicts Pilbara costs hike

Rio Tinto PLC reported a decline in yearly revenue and profit and cautioned on higher costs at the Pilbara iron ore operation in 2024.

Consolidated...

Wed, 21/02/2024 - 06:48


TOP NEWS: HSBC launches $2 billion buyback on record annual profit

HSBC Holdings PLC on Wednesday announced further share buybacks as annual profit soared on the back of higher interest rates, though its fourth-quarter performance suffered...

Wed, 21/02/2024 - 05:57


TRADING UPDATES: Franchise Brands sets targets, Cindrigo agrees loan

The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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Staffline Group PLC - Nottingham, England-based...

Tue, 20/02/2024 - 20:13


Urban Logistics approaches abrdn Property Income with ‘superior’ offer

Urban Logistics REIT PLC has made an offer for abrdn Property Income Trust Ltd, both companies confirmed on Tuesday.

The news follows the announcement on January...

Tue, 20/02/2024 - 19:12


TOP NEWS: easyJet to fly back to FTSE 100 as Endeavour loses shine

easyJet PLC is favourite to return to the top table of London-listed large-caps, according to indicative index changes by FTSE Russell on Tuesday.

Final index...

Tue, 20/02/2024 - 18:15


IN BRIEF: BT CEO Allison Kirkby buys £428,000 in shares

BT Group PLC - London-based telecommunications operator - Chief Executive Allison Kirkby buys 400,000 shares at £1.07 each, worth £428,000, in London on Tuesday.

Current stock...

Tue, 20/02/2024 - 17:25


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