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(Alliance News) - Stocks in London moved higher at the open on Friday, looking to regain some of the steep losses incurred on Thursday, but worries about 'stagflation' still were keeping a lid on buying.
Read more(Alliance News) - Stocks in London ended firmly in the red on Thursday as investors continue to focus on rising inflation, tightening monetary policy and fears over a recession.
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May 12 (Reuters) - UK shares dropped on Thursday as risk appetite shrank after data showed the British economy weakened in March, and persistently hot U.S. inflation data exacerbated investors' fears of aggressive rate hikes.
Read more(Alliance News) - BP PLC on Thursday said it has made a bid for two individual offshore wind leases in the Netherlands, consistent with plans to make EUR2 billion worth of clean energy investments in the nation.
Read more(Alliance News) - UK Prime Minister Boris Johnson has refused to rule out a windfall tax on the profits of energy companies to help relieve the pressure of the cost-of-living squeeze.
Read moreMay 11 (Reuters) - Britain's FTSE 100 ended higher on Wednesday as energy and mining shares rallied on the back of higher commodity prices and Compass Group posted a strong earnings report.
Read moreCAPE TOWN, May 11 (Reuters) - Angola's crude oil production is forecast at an average of 1.14 million barrels per day (bpd) this year, down from 2021 production of 1.2 million bpd, but the country aims to fulfil its commitments to OPEC+, the oil minister said on Wednesday.
Read moreCAPE TOWN, May 11 (Reuters) - Angola's crude oil production is forecast at an average of 1.14 million barrels per day (bpd) this year, down from the 1.2 million bpd it produced the previous year, but the country aims to fulfil its commitments to OPEC, the oil minister said on Wednesday.
Read moreMay 11 (Reuters) - The Biden administration on Wednesday will hold a wind energy auction for two areas off the coast of North and South Carolina, its second such offering this year.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read moreOSLO, May 11 (Reuters) - Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country that has built its wealth on oil and gas into an exporter of renewable electricity.
Read moreMay 10 (Reuters) - Britain's FTSE 100 rose on Tuesday, boosted by financials and healthcare stocks, a day after worries around recession risks, higher interest rates, and extended COVID-19 lockdowns in China triggered a bruising sell-off on the blue-chip index.
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(Sharecast News) - Tesco chairman John Allan on Tuesday said there was an "overwhelming case" for a windfall tax on energy companies to help ease the cost-of-living crisis for most Britons.
Read more(Alliance News) - The chair of Tesco PLC has said there is an "overwhelming need" for a windfall tax on energy companies after seeing the supermarket's customers "extremely stretched".
Read more(Alliance News) - The FTSE 100 was marching higher on Tuesday morning with a broad-based rally leaving only a handful of stocks in the red.
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