Fed signals end to rate hikes, luxury goods stocks slump after weak LVMH earnings, and oil higher after Israel attacks

On this week’s Money and Markets podcast Danni Hewson is joined by Tom Sieber from Shares magazine to discuss another volatile week on the markets. ...

Thu, 12/10/2023 - 17:26


IN BRIEF: Energean directors buy shares worth £1.6 million

Energean PLC - London-based hydrocarbon exploration and production company, focused on natural gas, with operations in Israel, Egypt, Italy, Greece, Croatia and the UK -...

Thu, 12/10/2023 - 17:08


IN BRIEF: VVV Resources buys Mitterberg copper project in Austria

VVV Resources Ltd - investor focused on identifying opportunities in the precious metals and base metals sector - Signs share purchase agreement to acquire the...

Thu, 12/10/2023 - 17:07


LONDON MARKET CLOSE: Dollar rises as US inflation lifts Fed hike bets

European equities came under pressure on Thursday afternoon after a hotter-than-predicted US inflation reading, souring what had been a positive morning for stocks.

The FTSE...

Thu, 12/10/2023 - 17:01


IN BRIEF: Genel Energy accepts offers for $16.2 million of bonds

Genel Energy PLC - London-based oil producer with assets in Somaliland, Morocco and Iraq’s Kurdistan region - Announces the result of the reverse tender offer...

Thu, 12/10/2023 - 16:55


TRADING UPDATES: 88 Energy targets flow test for Phoenix in 2024

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

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ACG Acquisition Co Ltd - special...

Thu, 12/10/2023 - 16:14


IN BRIEF: Aviva non-exec directors buys £250,000 worth of shares

Aviva PLC - London-based insurer - Says Non-Executive Director Mohit Joshi buys 59,300 shares at £4.09 per share, for a total of £242.537 on Thursday....

Thu, 12/10/2023 - 16:11


UK earnings, trading statements calendar - next 7 days

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Friday 13 October 
Ashmore Group PLCTrading Statement
City of London Investment Group PLCTrading Statement
CQS Natural Resources Growth &

Thu, 12/10/2023 - 15:53


IN BRIEF: Kenmare Resources hails output rise but notes softer demand

Kenmare Resources PLC - Mozambique-focused titanium minerals and zircon producer - Production of excavated ore in the third quarter of 2023 grows 3.8% annually to...

Thu, 12/10/2023 - 14:29


IN BRIEF: Ormonde Mining notes report by investee Tru Precious Metals

Ormonde Mining PLC - holds stakes in Toronto-listed gold and copper explorer Tru Precious Metals Corp, which has a project in Newfoundland, Canada, and in...

Thu, 12/10/2023 - 14:29


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