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FTSE 100's late rally wipes out most of day's losses
It was almost back to square one for the Footsie, with miners leading the rally
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LON:RIO
Rio Tinto Ltd is a leading international mining group that finds, mines and processes the earth's mineral resources. The Group's major products include aluminium, copper, diamonds, energy products, gold, industrial minerals (borates, titanium dioxide, salt and talc), and iron ore. Its activities span the world but are strongly represented in Australia and North America. There are also significant businesses in South America, Asia, Europe and southern Africa.
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It was almost back to square one for the Footsie, with miners leading the rally
The Footsie gave up early gains to stand 18 points off at 6134 in lunchtime trading
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Japanese broker Nomura has lifted its price target on fags maker British American to 4,930p from 4,810p and repeated a 'buy' rating.
Silver miner among 50 UK-listed companies set to boost divis more than 10% in each of next three years
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Good corporate news including strong sets of numbers from Lloyds and RSA sent FTSE100 soaring...
The Footsie extended the morning's gains to stand 140.94 points up at 6008 by lunchtime
Lloyds reported a 5% rise in underlying profit to £8.1bn
Footsie companies warned that EU exit could cost UK jobs and investment
Investments and investor services
The FTSE 100 Index fell 25.3 points to 6012 after global miner BHP Billiton reduced its dividend by 74%
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The FTSE 100 ended in the red, weighed down by big payers Astra, Glaxo and Shell going ex-dividend.
Investments and investor services
The FTSE 100 Index fell 34 points to 5,996 after Chinese inflation hit its highest point since last September
Savannah Resources boss David Archer reckons 2016 will be a "transformational" year for the firm, as it targets commercial copper production in Oman later in the following year.
Investments and investor services
The FTSE 100 Index fell 51.85 points to 5978 as oil prices drifted
Rio Tinto cut its dividend as part of a co-ordinated retreat in the face of market pressure
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Britain's blue chip benchmark tumbled 2.4% on the day to close 135 points lower as global markets continue to sink amid investor panic.
London’s blue chip index dropped 101 points to 5,570 even with a modest rally ahead of the US opening.
Miner says payout cut will enable flexible approach that better reflects its outlook
Investments and investor services
The FTSE 100 Index fell 148.88 points to 5523 as Yellen warned on financial market turbulence
Most of the commodities it mines have seen prices collapse over the past year with iron ore, in particular, declining by 80%.