(Alliance News) - Glencore PLC on Thursday said it is in preliminary discussions with Rio Tinto PLC about a possible combination of some or all of their businesses, which if successful would create the world's largest mining firm. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - First Development Resources PLC on Thursday announced "the next step" in its approach to advancing its gold exploration strategy at Selta in the Aileron Province in Australia's Northern Territory. Read More
(Alliance News) - The FTSE 100 struggled for direction on Thursday as gains in defence stocks and banks were offset by disappointing trading updates from Shell, Tesco, and Associated British Foods. Read More
(Alliance News) - MedPal AI PLC on Thursday announced the launch of artificial intelligence powered health app to pharmacy integration. Read More
B Hodl PLC - Douglas, Isle of Man-based company focused on bitcoin accumulation - Reports "further strong results from its bitcoin yield generation" for December. Says it generated a further 0.084 BTC, worth GBP5,471 at the exchange rate as of December 31, from active yield-generating activities. Says this lowers its average bitcoin purchase price and increases sats per share for its shareholders. December yield represents an increase from the 0.072 BTC generated in November, worth GBP4,915 at the end of the month, and 0.039 BTC in October at GBP3,252. The company now holds 158.295 BTC in total. Read More
Syncona Ltd - London-based investor in life science companies - Invests USD24.5 million in ophthalmic gene therapy company Beacon Therapeutics' USD75 million Series C financing. Says the financing round was oversubscribed and brings Beacon's total funding raised so far to approximately USD367 million. Beacon will use the proceeds "to progress commercialisation plans" and to complete the development of its lead programme laru-zova, "a potential best-in-class gene therapy" for X-linked retinitis pigmentosa, Syncona says. Syncona's holding value of Beacon will now be USD237.6 million, including new capital invested, and it will hold a 38.4% ownership stake. Read More
Critical Mineral Resources PLC - London-based resource developer targeting Moroccan metals - Announces that its newly commissioned diamond drill rig has successfully produced its first core from Zone 1 North, which the company says marks an "important milestone", supporting the next phase of exploration and project advancement. Critical Mineral adds that a Morocco-based team is positioned to support an accelerated programme through 2026. Chief Executive Officer Charlie Long says: "The commissioning of our company owned drill rig is a genuine step-forward for the project. Having this capability in-house gives us far greater control over the drill programme and paves the way for reduced drilling costs. Our drilling team is reporting that the Multi-Power Discovery HD is powerful, productive and straightforward to operate, making rapid progress through carbonate and igneous rocks. Importantly it also provides us with the capability to explore deeper targets as required, including as we continue hunting for the source of the mineralised rhyolite." Read More
(Alliance News) - Ministers are to U-turn on increasing business rates for UK pubs in the face of mounting pressure from landlords and backbench MPs, the Press Association understands. Read More
(Alliance News) - Admiral Group PLC Chair Mike Rogers is to retire from the same role at Experian PLC to become chair of Nationwide Building Society, according to announcements from the three companies on Thursday. Read More
(Alliance News) - Coral Products PLC on Thursday said its outlook for the year remained positively unchanged as it posted a swing to an interim pretax profit amid revenue growth. Read More
(Alliance News) - HSBC Holdings PLC has agreed to pay a EUR267.5 million fine to settle French claims over alleged dividend tax fraud, a widespread inquiry targeting several large banks, an AFP reporter confirmed Thursday. Read More
(Alliance News) - Clarkson PLC on Thursday announced the acquisition of Zuma Labs Ltd, which it expects to expedite Zuma's strategy to expand the market reach of its flagship product Venetian. Read More