(Alliance News) - The latest national four-day working week pilot, involving 17 companies and nearly 1,000 workers, has ended with a 100% success rate, it was announced on Thursday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Glencore PLC on Wednesday confirmed the closing of the merger between its former agriculture investment Viterra Ltd and New York-listed Bunge Global SA, securing a multi-billion-dollar return from the transaction. Read More
(Alliance News) - Equities in London underperformed European counterparts on Wednesday, as worries over the future of the UK chancellor hit investor sentiment, knocked the pound and rocked bond markets. Read More
(Alliance News) - Thruvision Group PLC on Wednesday said it has secured a material contract from a new government customer in Asia, helping to more than double its first-quarter order intake and extend its cash runway until the end of 2025. Read More
(Alliance News) - Equipmake Holdings PLC on Wednesday announced the appointment of Tim Metcalfe as non-executive chair, following the resignation of Clive Scrivener, who is stepping down to focus on other business interests. Read More
(Alliance News) - Cooks Coffee Co Ltd on Wednesday said that continued growth in the UK and Ireland was driven by increased demand, as the amount of sites rose. Read More
Celadon Pharmaceuticals PLC - London-based pharmaceutical company which grows medical cannabis for the chronic pain market - Intends to seek shareholder approval for the cancellation of its shares trading on London's AIM market and the re-registration of the firm as a a private limited company. Says the cancellation would take effect from August 8, and sets a general meeting for July 28 to seek approval. In a circular sent out ahead of the meeting, Celadon says reasons for the cancellation include stronger access to capital, listing and compliance costs, as well as public market undervaluation. "The chief executive officer believes that the public markets are not fairly valuing the company, and the [CEO] does not believe that this disconnect will change in the short-to-medium term," Celadon explains. Read More
Avation PLC - Singapore-based aircraft leasing company - Signs six-year lease agreement with existing customer PNG Air for one ATR 72-600 aircraft currently on lease to Mandarin Airlines. The 72-seat aircraft is scheduled to be returned and to be transitioned to PNG Air during the fourth quarter of 2025. PNG Air flies to more the 20 destinations in Papua New Guinea. Read More
(Alliance News) - Rachel Reeves is "going nowhere" and will remain as UK chancellor, Downing Street said, despite Prime Minister Keir Starmer declining to give her a public show of support. Read More
(Alliance News) - UK Chancellor Rachel Reeves appeared to cry in the Commons as Keir Starmer declined to guarantee she would remain in place until the election. Read More
Faron Pharmaceuticals Ltd - Turku, Finland-based developer of cancer immunotherapies - Non-Executive Chair Tuomo Patsi buys 21,500 ordinary shares at EUR2.435 per share on Monday for a total of EUR52,353. Brings Patsi's shareholding in Faron to 53,265 shares, with 0.05% of company voting rights. Read More