(Alliance News) - German officials were scrambling to respond on Thursday to an announcement by Moscow that it would stop allowing the transit of Kazakh oil through Russia to eastern Germany via the Druzhba pipeline. Read More
(Alliance News) - British energy major BP PLC faced a shareholder backlash at its annual meeting Thursday as investors rejected resolutions that would have reduced its climate reporting requirements. Read More
(Alliance News) - Portugal on Thursday asked Air France KLM SA and Germany's Deutsche Lufthansa AG to make binding offers to buy a controlling stake in TAP Air Portugal, as the government seeks to privatise the airline it rescued during the Covid-19 pandemic. Read More
(Alliance News) - The FTSE 100 posted modest falls on Thursday, closing well above early lows, as investors weighed the latest developments in the Middle East. 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
Rosslyn Data Technologies PLC - London-based data analytics company - Secures contract renewals with two unnamed longstanding customers, worth USD1.5 million in total over three years. Says the first customer, a US-based multinational medical devices and healthcare company, inked a three-year renewal of its annual licence to utilise the Rosslyn platform, with it also set to adopt its Artificial Intelligence Classification Engine tool. Notes this expanded contract is worth USD1.2 million. Adds that the other contract, worth USD300,000, is with a leading media and entertainment company that inked a one-year renewal of its annual licence for the Rosslyn platform. Read More
Palace Capital PLC - London-based property investor - Commences buyback programme of up to 300,000 shares, with broker Cavendish conducting the scheme on the company's behalf. Says the programme will run until October 23 at the latest, or earlier if the maximum share purchase amount has been reached or its buyback authority is not renewed at or before its next annual general meeting. Notes it will seek to cancel the repurchased shares upon completion of the programme. Read More
Velocity Composites PLC - Burnley, England-based supplier of composite material kits to aerospace and other high-performance manufacturers - Says Chief Financial Officer Rob Smith intends to step down by October 31, the end of the company's financial year, subject to a suitable replacement taking office, says the company. Notes Smith became CFO back in 2024, and will support the company in its handover to his eventual successor. The company says the search for a new CFO is underway. 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) - 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) - Stock prices in London were lower at midday on Thursday, as the price of oil climbed, reigniting inflation fears driven by the conflict in the Middle East. Read More
Raspberry Pi Holdings PLC - Cambridge, England-based manufacturer of low-cost computers - Raspberry Pi Foundation sells 10.9 million shares at 550 pence, worth GBP60.0 million in a placing with strategic and institutional investors and retail offer run by brokers Jefferies International Ltd and Peel Hunt LLC. Strategic shareholder Arm Technology Investments 2 Ltd, part of UK-based chip designer Arm Holdings PLC, takes up most of the offer, investing GBP50 million. The share sale results are in line with plans announced after the London market close on Wednesday. Read More