News

LONDON BRIEFING: Glencore loss widens; TP ICAP touts record revenue

In early corporate news, Glencore reports a widened interim loss, while TP ICAP reports "record" revenue for its first half. Here is what you need to know before the London market open: FTSE 100: ...

Glencore interim loss worsens amid mounting costs and low coal prices

(Alliance News) - Glencore PLC on Wednesday revealed a wider interim loss, as the miner and commodities trader battled against rising costs, while grappling with weaker coal prices and lower copper ...

CORRECT: LONDON MARKET CLOSE: BP fuels FTSE but US data tempers gains

The Cboe UK 100 ended up 0.1% at 913.38, the Cboe UK 250 rose 0.2% to 19,267.71, and the Cboe Small Companies closed down 0.1% at 17,322.85. Well received earnings provided a lift in London with index ...

Gran Tierra Energy buys two new assets in Ecuador for USD15.6 million

(Alliance News) - Gran Tierra Energy Inc said its subsidiaries have agreed to buy all of GeoPark Ecuador SA's and Frontera Energy Colombia Corp Sucursal Ecuador's interests in the Perico and Espejo ...

XP Power shares jump as it eyes recovery despite swing to loss

(Alliance News) - XP Power Ltd on Tuesday said it swung to a loss as revenue fell in the first half of the year, but said it has seen "clear signs of improvement in market conditions". In response, ...