(Alliance News) - Power Probe PLC on Monday said it is targetting a market valuation of GBP60.4 million when it starts trading on the London Stock Exchange's AIM market on Thursday. Read More
(Alliance News) - Smith & Nephew PLC on Monday announced targets for 2028, aiming for revenue and profit growth, as it is set to meet its goals for 2025. Read More
(Alliance News) - SDCL Efficiency Income Trust PLC on Monday said it was targeting disposals to raise liquidity, after gearing rose above its investment policy limit. Read More
Harbour Energy PLC - oil and gas producer with operations across Europe, Latin America, North Africa and Southeast Asia - Agrees to sell two assets in Indonesia for USD215 million in cash. The deal involves Harbour Energy's 28.67% operated interest in the producing Natuna Sea Block A field and its 50% operated interest in the Tuna development project. They are being sold to Prime Group, which has both upstream and downstream oil and gas businesses in Indonesia, including a 25% stake in the producing Natuna Sea Block B field. Harbour aims to complete the disposal in the second quarter of 2026. It will retain in Indonesia its 20% stake in the South Andaman license, offshore North Sumatra. The sale of the other assets "supports our strategy to focus capital and resources on our most competitive and material opportunities," says Steve Cox, managing director of Harbour's Indonesia business unit. Read More
(Alliance News) - The following London-listed shares received analyst recommendations on Monday morning and on Friday: Read More
(Alliance News) - BlackRock World Mining Trust PLC on Monday announced the sale of its BHP Brazil royalty contract to Gold Royalty Corp for USD70 million in total. Read More
(Alliance News) - The FTSE 100 opened lower on Monday, following last week's news that US inflation remained "broadly stable", with analysts saying a Federal Reserve rate cut is now all but certain. Read More
(Alliance News) - Trading in the Magnum Ice Cream Co NV began on Monday after Unilever PLC said it completed the demerger of the business on Saturday. Read More
(Alliance News) - Stocks were called to open higher on Monday, ahead of US consumer inflation expectations in the afternoon. Read More
(Alliance News) - David Lammy is set to lay out the government's plans to tackle Britain's GBP100 billion money laundering problem on Monday. 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
(Alliance News) - UK Prime Minister Keir Starmer will meet Volodymyr Zelensky along with the French and German leaders in Downing Street on Monday as discussions on ending the war in Ukraine continue. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Prudential PLC - London-based insurer focused on Asia and Africa - Announces that ICICI Prudential Asset Management Co Ltd has filed the red herring prospectus with the Registrar of Companies, Delhi and Haryana at Delhi, for an initial public offering comprising an offer for sale of up to 9.9% of the share capital in IPAMC by Prudential Corp Holdings Ltd, a subsidiary of Prudential. The RHP has also been filed with the Securities and Exchange Board of India, BSE Ltd and National Stock Exchange of India Ltd. The IPO and the amount of the offer for sale remain subject to market conditions, requisite approvals and other considerations. As previously indicated and in addition to the potential IPO, Prudential continues to consider a private sale of 2% of IPAMC to ICICI Bank Ltd. "We are also considering an additional pre-IPO placement to select institutional investors before the completion of the IPO," Prudential says. Read More
Trustpilot Group PLC - Copenhagen-based consumer review platform - Short-seller Grizzly Research LLC accuses the company of "mafia-style extortion campaigns against non-paying businesses". In its report, Grizzly says its "opinions are held in good faith" and its analysis is based on public information collected "in a manner that any person could have done if they had been interested in doing so". Trustpilot denies Grizzly's claim that it creates unsolicited review profiles to sell subscriptions. Says "Over 97% of businesses on the platform do not pay for a subscription. Consumers and businesses create profiles for free. 70% of reviews on free profiles are 5 stars." Also rejects claims that fake reviews are managed differently for paying and free businesses. "All businesses - whether free or paid - must comply with the same guidelines and are held to the same moderation principles," it says. Also denies that it has "traded the integrity of reviews for revenue". "We have c.200 people focused on ensuring trust and integrity across our platform and have removed 6.7 million reviews from the platform so far this year. We have successfully brought lawsuits against bad actor businesses and review sellers," it says. Read More