London Stock Exchange

UK government contractor Carillion collapses, thousands of jobs at risk

British construction and outsourced services group Carillion has gone bust, putting at risk several government contracts. The firm has recently …

World News

Who owns Carillion and what does the construction firm do?

Carillion announced this morning that they’d be entering liquidation, following failure to reach a deal to save the firm.<p>Thousands of jobs are in …

The City

One of the biggest British corporate failures in recent years could be felt all the way to Canada

LONDON — Britain’s Carillion collapsed on Monday after its banks lost faith in the construction and services company, forcing the government to step …

Santander UK

LONDON MARKETS: Carillion's Collapse Delivers A Boost For Shares Of Rivals

But Balfour Beatty warns of hit from failure of U.K. construction and services giant<p>The collapse of British construction and outsourcing giant Carillion PLC was swinging focus on shares of rival companies as ripple effects from the failure started to emerge on Monday.<p>One company, Balfour Beatty PLC …

Markets

Gold imports surge 72% in Dec on high demand, weak global

prices New Delhi, Jan 15 (PTI) India's gold imports rose by 71.52 per cent to USD 3.39 billion in December because of weak global prices and higher …

The City

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.10%

© Reuters. U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.10%<p>Investing.com – U.K. equities were lower at the close on …

Markets

UK govt keeps 'close eye' on struggling firm Carillion

The British government is keeping a “very close eye” on construction and outsourcing group Carillion, a senior minister said Sunday, amid reports it …

Brexit

GKN rejects 'unsolicited' £7bn takeover offer

Engineering group GKN has flatly rejected an unsolicited £7 billion offer for the company from turnaround investor Melrose as it appoints a new chief …

Birmingham, UK

FTSE hits new high despite Tesco and M&S Christmas slumps

MILAN/LONDON (Reuters) - Underwhelming Christmas updates at retailers Tesco and Marks and Spencer weighed on the UK’s top share index on Thursday but failed to prevent it from hitting a new high, with strong metal and oil prices supporting mining and energy stocks.<p>The FTSE 100 .FTSE benchmark …

Economy

Stocks start higher as China anxieties ease

Stocks are attempting to bounce back from yesterday's slight losses after China's foreign exchange regulator dismissed a report suggesting the …

Business

New York , not EU, will win if London loses financial crown, says PM

New York and Hong Kong are more likely to benefit should London lose its status as financial capital of the world, not the EU, Prime Minister Theresa May and City bosses have said.<p>Ms May and Chancellor Philip Hammond sought to reassure heavyweight finance firms including HSBC, Barclays and Goldman …

Brexit

London on Saudi Aramco listing shortlist along with Hong Kong and New York

London has made it onto the shortlist for potential listing venues for Saudi Aramco, as the state-backed oil giant looks to list in late 2018, …

Saudi Arabia

Brexit: May to meet UK financial services chiefs

<b>The Prime Minister is set to meet with business leaders from the UK's financial services industry as the government attempts to secure a Brexit deal that will include the sector.</b><p>Theresa May will talk with Barclays' chief Jes Staley and Goldman Sachs International boss Richard Gnodde among others on …

Brexit

Old Mutual gets green light for a return

JOHANNESBURG - Old Mutual is a step closer to restructuring its business after it was given the green light yesterday by the Competition Commission, …

Finance

Alibaba to 'seriously consider' listing its stock in Hong Kong

• <b>Alibaba founder Jack Ma will "seriously consider" listing the company in Hong Kong.</b>• <b><br>The company held its record $25 billion public float in New York in 2014 after Hong Kong, its favored venue, refused to accept its governance structure.</b>• <b><br>Ma is on a three-day state visit in China.</b><p>(Reuters) - Alibaba …

Hong Kong

FTSE greets new record as banks rally

© Reuters. A worker shelters from the rain as he passes the London Stock Exchange in London<p>By Kit Rees<p>LONDON (Reuters) - A rise in banks and oil …

Markets

Regulator halts European equity trading shake-up under Mifid II

European regulators late on Tuesday abruptly delayed the introduction of Mifid II rules that form a key part of their push for greater transparency …

Markets

Don’t worry about Spotify’s weird stock market float

In 2016, British challenger bank Metro Bank floated on the London Stock Exchange in an unusual way. Instead of offering shares to new investors like …

Markets

How Elon Musk’s Lithium Battery Project Will Change Adelaide

Will the city become the largest tech start-up centres in the Asia-Pacific region?<p>Adelaide has had a few big wins in the technology space. Last year, …

Jay Weatherill

CEOs of big UK companies are reluctant to commit to promoting women to top roles

A campaign to boost the number of women in Britain’s top corporate roles has asked companies to commit to 30% female representation in the executive ranks by 2020. So far, only 14 CEOs of the UK’s 100 largest publicly-traded companies have made the pledge.<p>The 30% Club started in the UK in 2010, …

Business

City of London report: worst Brexit scenario means loss of 500,000 jobs and a decade of stagnation

HANNAH MCKAY<p>Click for full view<p>The Mayor of London Sadiq Khan in north London, Britain, 08 May 2016.<p>Author<p>By NEOnline | IR<p>Read Next<p>Julian Assange …

Brexit

MiFID II: 5 Things We Learned About Equities Trading in the First Few Days :: TabbFORUM - Where Capital Markets Speak

<i>Exhibit 1: European equity market volume, by execution channel</i><p><i>Source: TABB Group and big xyt</i><p><i>Exhibit 2: Value-traded by execution channel, Jan. 3 and</i> …

Trading

Siemens set to list its €40bn healthcare technology company Healthineers

German manufacturing giant Siemens is planning to list its medical technology business Healthineers, according to reports.<p>The announcement is slated …

Siemens

Trump's tax cut to lower rate for JSE-listed British American Tobacco

Cape Town - JSE-listed British American Tobacco [JSE:BTI] on Tuesday announced that its effective tax rate was set to decrease following the passage …

Business (South Africa)

World’s biggest share sale on the cards if Saudi Arabia pulls off oil IPO

Saudi Arabian Oil is set to appoint Goldman Sachs and Citigroup to help manage its initial public offering, people familiar with the matter said, as …

Business (South Africa)

London IPOs to pick up pace in second quarter after bumper 2017

London stock market floats will pick up in the second quarter after a lull at the start of the year, according to analysis from big four accountant …

Markets

Israeli 2018 hi-tech and business trends to watch out for

With record-breaking acquisitions of Israeli start-ups by multinational corporations in 2017, what does 2018 have in store for Israel?<p>Night falls …

Israel

Associated British Foods: An Undercovered Gem

Though not widely covered on Seeking Alpha, Associated British Foods is a global powerhouse.<p>The business is steady and well-diversified, and is …

Business

Sales sing for musical instrument retailer Gear4Music

Online musical instrument seller Gear4Music has drummed up a hefty rise in sales after attracting strong demand both at home and overseas.

Gibson Les Paul

Small-cap focus: grandfathers of fintech enjoy boost

Fintech has been one of the key buzzwords for the European technology sector in recent years. The phrase tends to be used mostly to describe …

FinTech