Rio Tinto hits out at proposal to drop London primary listing
In a meeting motion by Palliser Capital, the activist investor pushed Rio to probe whether a unification of the miner's dual-listed structure would be in the interests of shareholders. Shareholders ...
Lloyds hails robust results but motor charge sends profit into reverse
Lloyds lifted its final dividend by 15% to 2.11 pence per share final dividend, giving a 3.17p per share total payout, up 15%. It also plans a GBP1.7 billion share buyback, down 15% from GBP2.0 ...
London close: Stocks slip as UK inflation tops forecasts
(Sharecast News) - London's financial markets experienced declines on Wednesday, influenced by an unexpected rise in UK inflation and underwhelming corporate earnings. The FTSE 100 index fell 0.62% to ...
Rosebank Industries mulls acquisition of Electrical Components
(Alliance News) - Rosebank Industries PLC on Wednesday said it is considering to buy Electrical Components International Inc, a US manufacturing business.
UPDATE: Glencore would "consider" moving primary listing from London
Glencore is a FTSE 100 constituent owed to its size and primary listing in London. Should it move its primary listing away from London, it would no longer form part of the FTSE 100 and would deliver ...
LONDON BRIEFING: BAE Systems ups payout; Glencore announces buyback
Sterling bought USD1.2616 shortly before the UK data, and spiked to USD1.2634 moments later, before fading again. Here is what you need to know at the London market open: FTSE 100: called down just ...
LONDON MARKET OPEN: Glencore, HSBC and travel stocks decline
(Alliance News) - European stocks traded mixed early Wednesday, with Glencore, BAE Systems and HSBC declining in London after the trio reported annual results, while the pound returned gains it made ...
Beeks shares fall despite forecast for double-digit profit growth
(Alliance News) - Shares in Beeks Financial Cloud Group PLC fell on Wednesday despite the company forecasting double-digit revenue and profit growth for the first half of its financial year, driven by ...
Energy price cap in Great Britain set to rise in April — forecast
Household energy bills in Great Britain are set to rise again in April, according to a forecast from energy consultancy Cornwall Insight. The group said it expects regulator Ofgem to reveal that the ...
Cap-XX interim loss narrows following resolution of legal dispute
(Alliance News) - Cap-XX Ltd on Monday said its loss narrowed in the first half of its current financial year, following the resolution of a legal case.
Orosur Mining progresses early stage exploration project in Argentina
This represents a "key stage in the exploration agreement", said Chief Executive Brad George, as the company has now earned a direct 51% interest in the Argentine company that owns the exploration ...
LONDON BROKER RATINGS: Morgan Stanley likes Astra; HSBC cuts Spectris
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