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LONDON (Alliance News) - UK shares are higher at open Thursday, ahead of some US economic data later in the day.
B&Q and Screwfix owner Kingfisher is leading FTSE 100 fallers, down 5.4%. Despite showing a strong increase in its retail profit for the first quarte
LONDON (Alliance News) - BP PLC has asked the US Supreme Court to step in after federal courts in New Orleans lifted an injunction blocking the payment of business claims for economic losses under the settlement that the oil company agreed for victims of the Gulf of Mexico oil spill in 2012, the
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By Lawrence Hurley WASHINGTON, May 28 (Reuters) - BP Plc on Wednesday asked U.S. Supreme Court Justice Antonin Scalia to allow the company to avoid making payments to businesses demanding compensation for the 2010 Gulf of Mexico oil spill while litigation continues. The company acted
Read moreMay 28 (Reuters) - The chiefs of British Gas and its parent company, Centrica Plc , are close to stepping down as part of a management shake-up at Britain's biggest energy supplier, Sky News reported on Wednesday. Sky News said Chris Weston, who runs Centrica's international downstream divi
Read more* Barrios experience in trading could benefit Rio-analyst * Cote with Alcan since 1988 * Some fear Rio focusing less on aluminium (Adds comments from Canaccord analyst, details) By Silvia Antonioli LONDON, May 27 (Reuters) - Rio Tinto , the world's second-largest diversi
Read moreLONDON (Alliance News) - There was some bad drilling news for two of the UK's leading oil stocks, as resource companies dominated corporate news Tuesday morning. Tullow Oil PLC said it will plug and abandon the exploration well 31/2-21S in the Gotama prospect, offs
Read moreLONDON (Alliance News) - The following is a summary of top news stories Tuesday.
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COMPANIES
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Lloyds Banking Group PLC said it intends to go ahead with an initial public offering of TSB Banking Group PLC on the London Sto
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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InterContinental Hotels Group, up 5.8%. The hotel chain has rejected a GBP6 b
LONDON (Alliance News) - UK shares have opened higher Tuesday, catching up with gains made during the bank holiday Monday in Asia and Europe.
The mid-cap FTSE 250 is outperforming once again, led by AVEVA Group, which raised its total dividend and expressed confiden
LONDON (Alliance News) - British oil giant BP PLC and Russian state oil company OAO Rosneft said Tuesday that they have signed a deal to jointly develop the Domanik shale formations in Central Russia's Volga-Urals region. The two companies will form a joint venture that will be incorporated
Read moreLONDON (Alliance News) - Russian state oil company OAO Rosneft and British oil giant BP PLC have signed a deal to jointly develop the Domanik shale formations in Central Russia's Volga-Urals region. The two companies will form a joint venture that will be incorporated in Russia, with Rosnef
Read moreBAKU, May 26 (Reuters) - A consortium led by BP and the South Caucasus Pipeline Company has awarded a pipeline construction contract worth $735 million to a group of firms to help develop the Shah Deniz II gas project in Azerbaijan which offers Europe a chance to reduce reliance on Russian gas.Read more
ST PETERSBURG, Russia, May 24 (Reuters) - BP chief executive Bob Dudley welcomed a call by President Vladimir Putin on Saturday for investment in Russia's shale projects. Dudley spoke after Putin urged oil and gas executives at the St Petersburg International Economic Forum to continue busi
Read more(Adds details, background) ST PETERSBURG, Russia, May 24 (Reuters) - Rosneft and BP signed an agreement on Saturday to jointly explore for hard-to-recover oil in Russia, the first major deal for the state-run Russian oil company since the West imposed sanctions on Moscow. Rosneft chi
Read moreST PETERSBURG, Russia, May 24 (Reuters) - Rosneft and BP have signed an agreement to jointly explore for hard-to-recover oil in the Volga-Urals region of central Russia, the state-run Russian oil company said on Saturday. Rosneft will get 51 percent in a joint venture which will explore th
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