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LONDON (Alliance News) - UK shares have opened mostly lower Thursday despite a strong lead from the US, as investors digest a rush of UK company announcements.
In another surprise from Mike Ashley, Sports Direct International said it has sold its 4.6% stake in
LONDON (Alliance News) - British energy giant BP PLC Wednesday published its BP Energy Outlook 2035, expecting 41% increase in global energy consumption from 2012 to 2035 driven by emerging economies - led by China and India. The outlook, which focuses on supply sufficiency, security and sustaina
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* Feb WCS last trades at $19.00/bbl below WTI * Feb synthetic last trades at $1.20/bbl above WTI CALGARY, Alberta, Jan 15 (Reuters) - Canadian heavy crude prices edged higher on Wednesday, helped by stronger demand from refineries in the U.S. Midwest and increased export capacity as A
Read moreLONDON, Jan 15 (Reuters) - Gasoline barge cracks in northwest Europe fell on Wednesday, with a larger-than-expected increase in U.S. stocks of the motor fuel signalling weaker demand for European imports, traders said. "Gasoline is not liking this gasoline build," said one swaps trader. "It i
Read moreLONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD'
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MORGAN STANLEY RAISES ASTRAZENE
* Oil, gas output seen stagnating this year * Investment growth coming to a halt * Big increase in Arctic resource estimate By Gwladys Fouche STAVANGER, Norway, Jan 15 (Reuters) - Norway cut it oil and gas production forecasts on Wednesday and warned that rising costs are
Read moreLONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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BERENBERG RAISES ASTRAZENECA PRICE TARGET TO 3600 (3430) PENCE - 'HOLD'
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MORGAN STANLEY RAISES ASTRAZENE
STAVANGER, Norway, Jan 15 (Reuters) - Norway reduced its 2014 oil production forecast on Wednesday but sharply raised its estimate for undiscovered resources, primarily on more oil and gas in the Arctic Barents Sea, the Norwegian Petroleum Directorate (NPD) said. Norway sees oil and gas pro
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- FTSE to open 16 points higher - US markets recover on retail sales data - Quiet day expected with focus on earnings City sources predict the FTSE 100 will open 16 points above yesterday's close of 6,766.86, building on Tuesday's modest rise of 10 points late in the session. Overnight, US market
Read moreBy Anna Louie Sussman and Emily Stephenson NEW YORK/WASHINGTON, Jan 14 (Reuters) - The U.S. Federal Reserve on Tuesday took a first formal step toward restricting the role of Wall Street banks in trading physical commodities, citing fears that a multibillion-dollar disaster could bring dow
Read moreLONDON, Jan 14 (Reuters) - Gasoline barge cracks in northwest Europe fell on Tuesday, tracking a decline in U.S. gasoline futures that diminished opportunities for spot exports of the motor fuel while demand remained weak at home. "Gasoline is slowly coming off again. Asia side is more hea
Read moreBy Anna Louie Sussman and Emily Stephenson NEW YORK/WASHINGTON, Jan 13 (Reuters) - The U.S. Federal Reserve is set to take its first formal step toward limiting the role of Wall Street banks in physical commodities markets this week by issuing a notice to seek public comment on the topic, s
Read moreBy Anna Louie Sussman and Emily Stephenson NEW YORK/WASHINGTON, Jan 13 (Reuters) - The U.S. Federal Reserve is set to take its first formal step toward limiting the role of Wall Street banks in physical commodities markets this week by issuing a notice to seek public comment on the topic, s
Read moreOil giant BP has suffered another setback in its bid to limit compensation payouts for the Gulf of Mexico oil spill after a US court rejected its latest appeal. The group has lost an appeal against what it had argued was the faulty administration of a 2012 compensation settlement for the Deepwater
Read more- Banks rise as Basel eases capital rules - US earnings in focus this week - AMEC offers 1.9bn pounds for Foster Wheeler - US activist investors looking at Morrison, reports say techMARK 2,797.71 -0.15% FTSE 100 6,731.21 -0.13% FTSE 250 16,199.41 +0.05% UK stocks were swinging between gains and lo
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