TOP NEWS: UK retail sales flat on month in March, shy of consensus
(Alliance News) - UK retail sales volumes climbed year-on-year in March, but were flat on the month before, numbers on Friday showed. Read More
(Alliance News) - UK retail sales volumes climbed year-on-year in March, but were flat on the month before, numbers on Friday showed. Read More
(Alliance News) - London's FTSE 100 is called to open lower on Middle East conflict escalation worry, though oil was on the up. Read More
(Alliance News) - Old Mutual Ltd said on Friday it had won regulatory approval to establish a bank, following a "stringent" review. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
(Alliance News) - Britain will avoid implementing most post-Brexit checks on EU food imports due to start this month so as to prevent major disruption at ports, the Financial Times reported on Thursday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - HydrogenOne Capital Growth PLC on Thursday reported "positive progress" in its latest year, as well as plans to exchange HH2E AG investment rights for equity. Read More
(Alliance News) - Stock prices in London closed up on Thursday, despite the prospect of higher for longer US interest rates hanging over stocks, while initial jobless claims for the week came in steady. Read More
Smartspace Software PLC - Bury St Edmunds, England-based developer of smart software solutions - At court and general meeting, shareholders vote in favour of GBP28.4 million takeover by Florida-based software company Sign In Solutions Inc, which was agreed and recommended by the Smartspace board last month. Shareholders vote 97% in favour of takeover at both meetings. As a result, the takeover scheme has been approved. Read More
(Alliance News) - JZ Capital Partners Ltd on Thursday said it will soon return about USD40 million to shareholders, and announced a new USD20.5 million investment into JZHL Secondary Fund LP. Read More
Kavango Resources PLC - Botswana and Zimbabwe-focused exploration company - Pretax loss widens 49% to USD3.3 million in 2023, from USD2.2 million in 2022. Notably, Kavango reports pre-licence exploration costs of USD1.2 million for 2023, compared to none a year prior. Administrative cost decrease 7.0% to USD2.1 million from USD2.2 million. The company is in a pre-revenue state so far. Kavango expects to start drilling at Kalahari copper belt project in Botswana in the middle of the second quarter of 2024. Notes that in March it signed its first contract to start immediate gold mining operations at the Hillside project in Zimbabwe. Read More
(Alliance News) - Cadence Minerals PLC announced on Thursday it had submitted environmental reports ahead of schedule for the licencing of its Amapa Ore Project. Read More
(Alliance News) - The US and the UK announced widespread sanctions against Iran's military drone programme on Thursday in response to its recent direct attack against Israel. Read More
(Alliance News) - Challenger Energy Group PLC on Thursday said it has entered into a binding agreement that will see Charlestown Energy Partners LLC become one of the largest shareholders. Read More
(Alliance News) - Ascent Resources PLC on Thursday said that its subsidiary Ascent Slovenia Ltd filed its claim in the Geoenergo insolvency process. Read More