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UK to set out looser bank ring-fencing rules next week, Sky News says
LONDON, May 16 (Reuters) - Britain's government will set out more detailed proposals next week to relax bank regulations that had been designed t...
Lloyds
Bill Ackman says Alphabet stake sale not a bet against the company
May 16 (Reuters) - Billionaire investor Bill Ackman said on Saturday that the sale of Google parent Alphabet's shares was not a bet against the...
Alphabet
TRADING UPDATES: IAG launches new buyback; Forgent settles legal case
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
International Airlines
IN BRIEF: Endeavour Mining CFO Guy Young sells GBP2 million in shares
Endeavour Mining PLC - London-based gold producer in West Africa - Chief Financial Officer Guy Young sells 40,456 shares total, at GBP49.12 and GBP49....
Endeavour Mining
Ackman's Pershing Square takes Microsoft stake, exits Google parent Alphabet
* Ackman swaps Microsoft for Google parent Alphabet
Microsoft
Markets recoil as left-leaning mayor finds potential path to be UK PM
* UK borrowing costs surge as political crisis deepens
Barclays
UK stocks drop as Burnham challenge and rising oil frazzle nerves
* FTSE 100 records biggest one-day drop in over eight weeks
Hiscox
BP to cut pipeline gas trading team as LNG focus grows, sources say
LONDON, May 15 (Reuters) - BP plans to dismantle its pipeline gas trading team, as the oil major focuses on expanding its liquefied natural gas (...
BP
LONDON MARKET CLOSE: Oil price gains and Westminster worry sink stocks
(Alliance News) - The FTSE 100 slumped on Friday as talks between the US and China failed to deliver hoped for progress on the Middle East adding to j...
Brazil's Cosan mulls selling Raizen stake after restructuring dilutes holding
SAO PAULO, May 15 (Reuters) - Brazilian conglomerate Cosan could sell its stake in sugar and ethanol producer Raizen after a financial restructur...
Shell
PRESS: Canada's Intact Financial eyeing bid for FTSE 100-listed Hiscox
(Alliance News) - Shares in Hiscox Ltd jumped on Friday as Insurance Post reported Canada's Intact Financial Corp was exploring a potential bid for th...
Canada's Intact Financial said to explore bid for Hiscox, shares surge
(Sharecast News) - Hiscox surged on Friday following a report that Canada's Intact Financial is exploring a potential bid for the insurer.
Magnum Ice Cream bid seen unlikely as complicated by tax constraints
(Alliance News) - Shares in Magnum Ice Cream Co NV soared on Friday after a report suggested several private equity firms were considering bidding fo...
Unilever
PRESS: BT revives talks over Global unit partnership or sale - Sky
(Alliance News) - BT Group PLC has revived discussions about a potential sale or partnership for its struggling international operations, Sky News rep...
BT
IN BRIEF: IAG completes EUR500 million buyback scheme
International Consolidated Airlines Group SA - London- and Madrid-based owner of British Airways, Iberia and other airlines - Says its EUR500 million ...
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