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Lastest Finance News

IN BRIEF: First Property Group inks lease for Blue Tower in Warsaw

26th Jul 2024 19:21

First Property Group PLC- London-based investor and property fund manager - On Thursday, announces that it has signed a 15 year lease with TV Republica for 3,100 square metres in Blue Tower, its directly owned office building in Warsaw, which had previously been vacant. The lease will start in December after fit-out works finish. The rent payable will be EUR16.55 per square metre per month together with a service charge of EUR7 per square metre per month. In total this lease will contribute some EUR935,000 per annum. The cost of the fit-out, which will be borne by the landlord, amounts to some EUR1.8 million. Read More

IN BRIEF: Phoenix Copper renews Electra Battery Materials deal

26th Jul 2024 19:20

Phoenix Copper Ltd - US-focused base and precious metals producer and explorer - Announces on Thursday that it has renewed its earn-in agreement with Electra Battery Materials, regarding Phoenix's Redcastle cobalt property on the Idaho cobalt belt. Inks amendment to the Redcastle property agreement to extend its two main exploration expenditure commitments by two years, to 2026 and 2028 respectively. The amendment will require an investment of USD1.5 million into any combination of exploration, development and related work by the third anniversary date of May 21, 2026; with an additional required investment of USD1.5 million into any combination of the above works by the fifth anniversary date of May 21, 2028. Read More

EARNINGS AND TRADING: Man Group profit rises; Petershill AUM increases

26th Jul 2024 18:59

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

GCP Asset Backed reports 0.4% quarterly decrease in net asset value

26th Jul 2024 17:09

(Alliance News) - GCP Asset Backed Income Fund Limited on Friday announced a 0.4% quarterly decrease in net asset value Read More

Pantheon Resources secures USD29 million from fundraise

26th Jul 2024 17:06

(Alliance News) - Pantheon Resources PLC on Friday announced it secured USD29 million from its Fundraise and Retail offer. Read More

LONDON MARKET CLOSE: Stocks green; US PCE hotter than expected

26th Jul 2024 17:06

(Alliance News) - Stock prices in London closed higher on Friday, after inflation in the US rose slightly more than expected in June. Read More

Taylor Maritime Investments sees 4.3% quarterly net asset value return

26th Jul 2024 16:13

(Alliance News) - Taylor Maritime Investments Limited on Friday announced a 4.3% net asset value total return for the quarter that ended June 30. Read More

Aseana Properties edges closer to sale of Sandakan hotel

26th Jul 2024 15:54

(Alliance News) - Aseana Properties Ltd on Friday updated shareholders on the sale of the Sandakan hotel and the adjacent Harbour Mall in Malaysia. Read More

EXECUTIVE CHANGES: Morgan Advanced Materials picks senior director

26th Jul 2024 15:27

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Wednesday and Thursday and not separately reported by Alliance News: Read More

UPDATE: Eurostar cancels quarter of weekend services on rail vandalism

26th Jul 2024 15:23

(Alliance News) - One in four Eurostar trains will be cancelled on Friday and over the weekend following "co-ordinated" vandalism which caused disruption ahead of the Olympics in France. Read More

CORRECT: Trains disrupted in France by "criminal actions"

26th Jul 2024 15:16

(Removing reference to IT issues at Govia Thameslink Railway, which occurred on Friday, July 19 as part of global IT issues, not this Friday. Read More

PRESS: UK to reveal GBP20 billion hole in public finances - FT

26th Jul 2024 14:55

(Alliance News) - Britain's new Labour government will announce next week that the country's public finances have an additional hole of around GBP20 billion, risking tax rises in an upcoming budget, media reported on Friday. Read More

UK supermarkets likely not misleading shoppers re loyalty prices - CMA

26th Jul 2024 14:51

(Alliance News) - UK supermarkets are not likely to be misleading shoppers over loyalty pricing – but questions remain over whether displayed savings are genuine, the competition watchdog has suggested. Read More

DIRECTOR DEALINGS: Wise chair sells GBP1.8 million in options shares

26th Jul 2024 14:49

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More

IN BRIEF: Power Metal sees "significant progress" with uranium venture

26th Jul 2024 14:49

Power Metal Resources PLC - metals exploration company with projects in North America, Africa, Saudi Arabia and Australia - Makes "significant progress" with uranium joint venture with ACAM LP, a natural resources investor. Back in June, Power Metal said that it had entered a non-binding term sheet for ACAM to invest GBP2 million into Power Metal by way of a loan note and that the parties had entered an eight-week exclusivity period. On Friday, Power Metal says the pair have agreed to extend the due diligence period for the proposed JV to August 23, with some legal processes still outstanding. Power Metal says it expects completion within this period. Read More

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