News

UPDATE: Shell denies holding takeover talks to buy rival BP
(Alliance News) - Shell PLC has denied it is in talks to acquire rival BP PLC after speculation about a deal that would combine the UK’s two biggest oil companies. "This is further market speculation.
Zanaga confirms high-grade DRI iron ore for low-carbon steel market
(Alliance News) - Zanaga Iron Ore Co Ltd on Wednesday said test results have confirmed that its project can produce high-grade iron ore concentrate suitable for a growing market for low-carbon steel, ...
Kelso notes recent success in five investees and plots next investment
(Alliance News) - Kelso Group Holdings PLC on Wednesday said it has seen an increase in the value of all five of its investments, with three delivering "significant" gains of around 20%. Shares in ...
Hargreaves Services expects forecast-beating profit and revenue
The company said it considers consensus market expectations, prior to releasing its trading update, to be GBP247.6 million in revenue; GBP16.5 million in underlying pretax profit; 42.4p in earnings ...
Ultimate Products shares slump as it warns of falling revenue, profit
(Alliance News) - Ultimate Products PLC shares slumped on Wednesday as it warned that it expects full-year adjusted earnings before interest, tax, depreciation and amortisation below consensus, with ...
FDM names Alan Kinnear as chair after five years on the board
As announced by the company in March, Current Chair David Lister is retiring from the board, also effective July 30. Kinnear, who previously worked at PricewaterhouseCoopers for 35 years, joined FDM's ...
LONDON BRIEFING: Babcock buyback; Tritax Big Box to buy Warehouse REIT
In early UK corporate news, Babcock reported a rise in annual profit and announced its first-ever buyback. Warehouse REIT agreed to a takeover from Tritax Big Box, withdrawing its support for ...
London pre-open: Stocks to nudge up after solid US session
(Sharecast News) - London stocks were set to edge up at the open on Wednesday following a solid session on Wall Street as investors kept an eye on developments in the Middle East. The FTSE 100 was ...
Quantum Blockchain narrows loss as bitcoin mining tools advance
(Alliance News) - Quantum Blockchain Technologies PLC on Tuesday reported a narrowed annual loss as it made progress on its artificial intelligence-led Bitcoin mining tools and prepared to ...
FTSE 250 movers: Carnival cruises higher after results; gold miners slump
London's FTSE 250 was up 1.2% at 21,364.47 in afternoon trade on Tuesday. Carnival was the standout gainer on the index, benefiting from an easing in geopolitical tensions and after the cruise ...
UPDATE: UK PM tells Cabinet "we will reform welfare" amid rebellion
Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site, we cannot ...
No UK tax rises on working people to reach 5% defence spending pledge
Keir Starmer said Labour would stick to its commitment not to raise taxes to reach a new defence and security spending pledge of 5% of GDP by 2035. The UK prime minister is meeting leaders of other ...