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London close: FTSE 100 hits new multiyear highs after US data

The FTSE 100 rallied in afternoon trade after some better-than-expected economic data from the States, pushing the index to new five-and-a-half-year h...

ENRC rebuffs proposal from founding shareholders

An approach by a group of ENRC's founding shareholders regarding a possible takeover is not high enough, according to the mining company which has all...

ENRC board gives founding trio more time to improve bid

LONDON, May 17 (Reuters) - The board of Kazakh miner ENRC has given its trio of founding shareholders until June 3 to revise a proposed offer which i...

ENRC falls on report founders have made bid below 300p

LONDON, May 17 (Reuters) - Shares in London-listed Kazakh miner ENRC fell more than 8 percent after a report that the group's trio of founding shareho...

FTSE 100 movers: RBS rises into top spot on UBS comments

Banks were making a strong rise after UBS lifted its rating for the global banking sector from 'underweight' to 'overweight', saying that the operatin...

Congo sees copper concentrate ban in full force by July, August

* Mines minister confirms ban will be fully enforced * Says miners will get three months to allow them adjust * Government to discuss power supply iss...

London midday: Markets rally as banks rise

After a subdued start, the FTSE 100 pushed into positive territory ahead of the opening bell in New York with financials leading the rise after a brok...

FTSE 100 movers: Aviva leads the way higher on turnaround strategy

Insurance group Aviva, was leading the risers after it said it is delivering on its turnaround strategy. The company's pro-forma value of new busine...