(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - abrdn PLC on Tuesday said it significantly narrowed its loss by slashing jobs and other costs, although analysts highlighted it was a difficult period for the asset manager and that it "remains in flux". Read More
(Alliance News) - Stock prices in London edged higher on Tuesday, as data pointed to cooling UK inflation trends, while investors awaited US economic prints later in the week. Read More
(Alliance News) - abrdn PLC on Tuesday said it nearly broke even in 2023, following a big loss in 2022, after it slashed jobs and made other costs cuts, but the beleaguered asset manager is still suffering more outflows of client money. Read More
(Alliance News) - High street bank Virgin Money UK PLC has agreed to buy abrdn PLC's stake in its investment platform for GBP20 million, less than a year after it was launched to customers. Read More
(Alliance News) - Mergers between real estate investment trusts could help build a "more investible future" for the UK property sector, according to analysts, after two FTSE 250-listed firms agreed a merger on Monday. Read More
(Alliance News) - Stock prices in London closed up on Wednesday amid a host of strong PMI data from around the world, while bank measures in China boosted blue-chip miners. Read More
(Alliance News) - Stock prices in London were up midday Wednesday, buoyed by data showing the start of the year has been decent for the UK private sector, while mining firms were boosted by efforts out of China to boost growth. Read More
(Alliance News) - abrdn PLC on Wednesday announced it plans to slash around 500 jobs, and said it will kick off a transformation programme to generate annual savings of GBP150 million by the end of 2025. Read More
(Alliance News) - Stock prices in London opened higher on Wednesday, with large-cap miners outperforming on news of stimulus measures from China. Read More
