London close: Stocks little changed as investors look to US data
27th Feb 2024 16:05
(Sharecast News) - London's equity markets closed with a subdued performance on Tuesday, after a mixed but largely flat session trend as investors exercised caution ahead of US inflation figures later in the week.
Read moreLondon close: Stocks mixed ahead of Fed minutes, Nvidia results
21st Feb 2024 15:01
(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors awaited updates from the US Federal Reserve and results from AI chipmaker Nvidia.
Read moreFalling prices dent full-year earnings at Rio Tinto
21st Feb 2024 07:15
(Sharecast News) - Mining giant Rio Tinto said that commodity price movements led to a $1.5bn hit to underlying profits in 2023, though results were partly offset by a stronger US dollar and lower energy prices.
Read moreLondon close: Stocks finish lower on fresh China concerns
20th Feb 2024 15:29
(Sharecast News) - London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.
Read moreLondon midday: Stocks mixed after China makes bigger rate cut
20th Feb 2024 11:20
(Sharecast News) - London's stocks were in a mixed state at midday on Tuesday, as concerns around China's economic outlook continued to weigh on mining stocks.
Read moreLondon close: Stocks rise as UK retail sales rebound
16th Feb 2024 14:59
(Sharecast News) - London's stock markets saw positive gains on Friday, buoyed by encouraging UK retail sales data and favourable earnings reports from NatWest.
Read moreLondon close: Stocks rise on positive news from China
24th Jan 2024 16:31
(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.
Read moreRio Tinto agrees power deal with Australia's largest solar farm
24th Jan 2024 07:38
(Sharecast News) - Mining giant Rio Tinto said it had agreed to buy electricity from the Upper Calliope solar farm in the state of Queensland to power its Gladstone aluminium operations for 25 years.
Read moreLondon close: Stocks slip as focus shifts to US earnings
23rd Jan 2024 17:46
(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.
Read moreRio Tinto 2023 iron ore shipments rise 3%
16th Jan 2024 07:02
(Sharecast News) - Anglo-Australian mining giant Rio Tinto on Tuesday reported a rise in annual iron ore shipments as a ramp up of production at its Gudai Darri mine in Western Australia offset mine depletion.
Read moreLondon close: Stocks slip as investors digest US inflation
12th Dec 2023 16:00
(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.
Read moreJPMorgan upgrades Rio Tinto to 'overweight'
12th Dec 2023 12:34
(Sharecast News) - JPMorgan Cazenove upgraded Rio Tinto on Tuesday as it took a look at metals and mining stocks.
Read moreLondon midday: FTSE still firmer ahead of US inflation print
12th Dec 2023 12:07
(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.
Read moreLondon close: Stocks rise as investors digest US jobs data
6th Dec 2023 15:15
(Sharecast News) - London's stock markets finished with a positive performance on Wednesday, with the FTSE 100 and FTSE 250 both closing in the green.
Read moreRio Tinto sees Guinea mine production starting 2025
6th Dec 2023 07:04
(Sharecast News) - Anglo Australian mining giant Rio Tinto said it expected to start production from the Simandou iron ore joint venture in Guinea in 2025.
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