News

LONDON BRIEFING: BT profit up; Johnson Matthey sells unit to Honeywell
In early UK corporate news, BT reported growth in annual profit, miner Rio Tinto announced its boss will step down and ...
Schiehallion Fund seeks UK tax residency and to join UK trust regime
(Alliance News) - Schiehallion Fund Ltd on Friday said it has now begun the process to become a UK tax resident and join the UK's investment trust regime. The Guernsey-based investment fund said it ...
Ajax to list on AQSE, plans GBP1.5 million raise for Argentina project
(Alliance News) - Ajax Resources PLC on Friday said it has applied for admission to the Aquis Stock Exchange Growth Market, alongside a planned subscription to raise up to GBP1.5 million to support ...
UK private sector stays in decline as tariffs weigh on export orders
The S&P Global flash composite purchasing managers' index rose to 49.4 points in May, from April's final tally of 48.5.
International Paper to close five UK packaging sites; 300 jobs at risk
(Alliance News) - International Paper Co has announced plans to close five sites in the UK, putting about 300 jobs at risk, following its acquisition of DS Smith. The Memphis, Tennessee-based ...
Alien Metals shares down as Elizabeth Hill drilling to start soon
(Alliance News) - Alien Metals Ltd on Friday said its joint venture partner West Coast Silver Ltd has commenced mobilisation for its maiden diamond drilling campaign at the Elizabeth Hill silver ...
GSK hails positive EU opinion of blood cancer treatment Blenrep
(Alliance News) - GSK PLC on Friday said its drug Blenrep has received a "positive opinion" from the European Medicines Agency's Committee for Medicinal Products for Human Use.
Caspian Sunrise shares gain as it secures production licence
(Alliance News) - Caspian Sunrise PLC on Friday said it has secured a production licence for the BNG contract area, which allows it to sell the majority of produced oil to the international market.
VH Global Energy shares rise on plan to start selling off assets
(Alliance News) - VH Global Energy Infrastructure PLC shares climbed on Friday as it said it plans to start an "asset realisation strategy" in a change to its investment policy after engaging with ...
LONDON MARKET MIDDAY: FTSE 100 edges tentatively higher in tepid trade
The FTSE 100 index traded up 7.87 points, 0.1%, at 8,747.13. The FTSE 250 was down just 5.07 points, at 20,794.59, and the AIM All-Share was up 4.65 points, 0.6%, at 741.39. The Cboe UK 100 was up 0.2 ...
Seascape Energy Asia says loss widened but last year was "pivotal"
The Southeast Asia-focused exploration & production company said its pretax loss widened to GBP5.7 million in 2024 from GBP3.9 million in 2023. Administrative costs increased to GBP6.7 million from ...
Livermore Investments NAV rises amid decline in full-year profit
Net asset value per share increased by 2.5% to USD0.84 from USD0.82, and Livermore Investments did not declare a full-year dividend, unchanged from the prior year. However, in September, it declared ...