London close: Stocks rise further as UK exits recession

10th May 2024 16:02

(Sharecast News) - London stocks finished the trading week on a positive note on Friday, driven by gains in the mining sector, following the release of data indicating the UK's exit from recession.

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London close: Stocks rise as US payrolls come in weaker

3rd May 2024 16:52

(Sharecast News) - London markets closed positively on Friday, as investors digested slower-than-expected payrolls growth in the US, while Anglo American jumped amid anticipation of a potential bidding war for the mining giant.

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Glencore said to be studying approach for Anglo American

3rd May 2024 07:49

(Sharecast News) - Glencore is reportedly studying an approach for Anglo American, a development that could spark a bidding war.

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BHP deploys team to SA to woo officials over Anglo deal - report

2nd May 2024 12:39

(Sharecast News) - BHP has reportedly deployed a team of senior executives to South Africa as it ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American.

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London close: Stocks manage to finish above the waterline

29th Apr 2024 15:08

(Sharecast News) - London markets showed resilience on Monday, finishing in the green as investors looked to the start of the US Federal Reserve's policy meeting.

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London close: Stocks buoyed by banking, mining positivity

26th Apr 2024 16:35

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

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Anglo-American rejects £31bn BHP offer

26th Apr 2024 07:04

(Sharecast News) - Anglo American on Friday rejected an "opportunistic" £31bn bid from rival miner BHP, saying it significantly undervalued the company.

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London close: Stocks finish mixed as US GDP growth slows

25th Apr 2024 15:14

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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Anglo American confirms takeover proposal from BHP

25th Apr 2024 06:39

(Sharecast News) - Anglo American surged on Thursday after it received an unsolicited non-binding and highly conditional £31.1bn all-share takeover proposal from Australia's BHP Group - a deal that would create the world's largest miner and copper producer.

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London close: Stocks finish weaker after earlier gains

24th Apr 2024 15:09

(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.

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Europe close: Stocks rise as investors digest PMI data

23rd Apr 2024 15:19

(Sharecast News) - European markets closed above the waterline on Tuesday, propelled by positive survey data from the eurozone that bolstered investor sentiment.

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Copper production rises but diamond output falls at Anglo American

23rd Apr 2024 07:14

(Sharecast News) - Anglo American reported relatively flat group production in the first quarter on Tuesday as rising copper production was offset by sliding diamond output.

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Anglo American to oppose any Kabwe claim appeal

22nd Apr 2024 08:29

(Sharecast News) - Anglo American said in an update on Monday that it would oppose any appeal related to the Kabwe claim, which it considers "misconceived".

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London close: Stocks mixed as bargain hunters pick over FTSE 100

17th Apr 2024 16:34

(Sharecast News) - London stocks showed a mixed performance by the close on Wednesday, with the top-flight index in the green as investors hunted for bargains after its four-week low on Tuesday.

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De Beers diamond sales fall in cautious market

17th Apr 2024 07:31

(Sharecast News) - Provisional rough diamond sales from Anglo-American's De Beers' unit fell to $445m in the third sales cycle compared with $542m a year ago amid a subdued market.

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