LONDON BRIEFING: Shell profit weakens but announces new buyback
31st Oct 2024 07:52
(Alliance News) - London's FTSE 100 is called to open lower on Thursday, in the aftermath of Wednesday's budget and US data. Read More
(Alliance News) - London's FTSE 100 is called to open lower on Thursday, in the aftermath of Wednesday's budget and US data. Read More
(Alliance News) - London's FTSE 100 is called to open lower on Thursday, after US stocks faltered on dwindling Federal Reserve rate cut expectations and as investors digest the UK chancellor's Wednesday budget. 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
SRT Marine Systems PLC - global provider of maritime domain awareness systems - Inks contract with the Kuwait Ministry of Interior, worth USD213 million, to deliver an integrated SRT maritime surveillance system. The contract is for a state-of-the-art national maritime surveillance system for the Kuwait Coast Guard and other relevant agencies. Says that implementation starts immediately, and is expected to take up to two years, followed by ten years of support, training and maintenance. Read More
(Alliance News) - Stock prices in London closed a mixed bag on Wednesday, with the FTSE 100 in the red but the Aim All-Share making gains, after changes to inheritance tax in the latest UK budget proved no worse than feared. Read More
(Alliance News) - Time Out Group PLC on Wednesday completed the share placing it announced at the start of the day, raising slightly more than expected, as it also reported a narrowed annual loss. Read More
(Alliance News) - Oryx International Growth Fund Ltd on Wednesday noted two of its portfolio companies have received takeover offers. Read More
BP Marsh & Partners PLC - London-based private equity firm, investing in early-stage financial services businesses - Buys 30% stake in SRT & Partners Ltd, a London-based start-up Lloyd's and London Market broker, which aims to provide clients with specialist broking and underwriting services and to grow both organically and by acquisition. The investment by BP Marsh in the cumulative preferred ordinary shares of SRT is provided as a mixture of equity and loan, totalling GBP2.5 million. SRT has used the funds to make to two acquisitions. These are Read Hunt Ltd, a retail insurance broker, and First Business Finance Ltd, an asset finance broker. Read More
Borders & Southern Petroleum PLC - oil and gas company with assets offshore the Falkland Islands - Extends its PL018, PL019 and PL020 production licences by two years to December 31, 2026, as granted by the Falkland Islands government. The licences include the Darwin discovery area. Read More
AstraZeneca PLC - Cambridge, England-based pharmaceutical company - Reports that AstraZeneca China President Leon Wang is cooperating with an ongoing investigation by Chinese authorities. Wang is also executive vice president of the International division. "Our China operations continue under the leadership of the current general manager of AstraZeneca China. If requested, AstraZeneca will fully cooperate with the investigation," the company says. Read More
(Alliance News) - Nexus Infrastructure PLC on Wednesday said it expected to report a fall in annual revenue in line with market expectations, as a result of "challenging market conditions". Read More
(Alliance News) - Grafton Group PLC on Wednesday said business in the UK and Finland remains challenging, but it is confident that its medium-term outlook is positive. Read More