LONDON MARKET OPEN: Stocks flat as Hunt announces UK finance shake-up

Financial market participants in London early Friday were digesting a set of regulatory reforms set out by UK Chancellor Jeremy Hunt, while awaiting a US...

Fri, 09/12/2022 - 09:28


UPDATE: UK Chancellor cuts red tape, axes EU rules in banking overhaul

The UK government has launched a raft of major reforms to the financial sector to replace EU regulation and cut red tape.

Chancellor Jeremy Hunt...

Fri, 09/12/2022 - 08:32


UK to cut finance red tape and axe EU rules in bid for growth

UK Chancellor Jeremy Hunt is set to launch a major reform of the UK’s financial sector with plans to rip up red tape and replace...

Fri, 09/12/2022 - 06:09


Glencore drops plans for new Australian Valeria coal mine

Anglo-Swiss commodity trading and mining company Glencore PLC has scrapped plans for a huge coal mine in the Australian state of Queensland.

Mining at the...

Fri, 09/12/2022 - 06:05


TOP NEWS: Costco reports single-digit rise in first quarter sales

Costco Wholesale Corp on Thursday posted a slight rise in first-quarter income and a single-digit rise in sales, amid rising costs.

In the three months...

Thu, 08/12/2022 - 22:01


TOP NEWS: Broadcom reports jump in revenue on strong partnerships

Broadcom Inc on Thursday reported a surge in full-year revenue and confirmed its outlook for the first quarter of financial 2023.

The California-based semiconductor...

Thu, 08/12/2022 - 21:58


UPDATE: Activision CEO and Microsoft president comment on US lawsuit

The US Federal Trade Commission on Thursday sued to block Microsoft Corp’s $69 billion buyout of gaming giant Activision Blizzard Inc, maker of the blockbuster...

Thu, 08/12/2022 - 21:51


TRADING UPDATES: Mears exceeds expectations; K3 confirms speculation

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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Mears Group PLC -...

Thu, 08/12/2022 - 21:21


EARNINGS UPDATES: Botswana Diamonds widens loss on impairment costs

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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Botswana Diamonds PLC -...

Thu, 08/12/2022 - 20:51


Ignoring political criticism, ExxonMobil boosts share buybacks

Exxon Mobil Corp announced Thursday it will boost its share buyback program to $50 billion, rebuffing calls from the White House to steer extra cash...

Thu, 08/12/2022 - 19:35


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