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Lastest Finance News

Hummingbird shares drop as Kouroussa production falls short of targets

25th Nov 2024 11:38

(Alliance News) - Hummingbird Resources PLC said on Monday that its Kouroussa gold mine in Guinea has reached commercial production, though output has fallen short of target levels. Read More

CBI chief hits out at Reeves as firms face "heavy burden" from taxes

25th Nov 2024 11:27

(Alliance News) - Rachel Reeves' budget caught firms "off guard" and will undermine investment and jobs, the head of one of Britain's leading business groups has said. Read More

IN BRIEF: RC365 Holding narrows interim loss and sells HK subsidiary

25th Nov 2024 11:24

RC365 Holding PLC - London-based provider of remittance and payment services in east and south east Asia - Sells Hong Kong incorporated subsidiary RCPay Ltd for HKD400,000, about GBP40,860, in cash. RC365 says it will continue to provide the same services, including foreign exchange and payment card offerings, via its UK incorporated RCPay Ltd subsidiary. "The divestiture of RCPAY HK provides an opportunity to realise value from the restructuring of the RCPay business while not impacting the group's ability to continue to service its customers and execute on its partnership agreements," says Chief Executive Officer Michael Law. Read More

AIM WINNERS & LOSERS: Synectics wins deals in Qatar and Brazil

25th Nov 2024 10:55

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More

Ondo InsurTech revises loan notes linked to LeakBot acquisition

25th Nov 2024 10:55

(Alliance News) - Ondo InsurTech PLC on Monday said it has restructured vendor loan notes issued to its largest shareholder, HomeServe Assistance Ltd, a Walsall, England-based multinational specialising in home emergency repairs and improvements. The loan notes were originally issued as part of Ondo InsurTech's 2022 acquisition of the LeakBot business. Read More

Quadrise shares climb 13% as it inks collaborative agreement

25th Nov 2024 10:53

(Alliance News) - Quadrise PLC on Monday said it has inked a collaborative agreement with Littoinen, Finland-based fuel supply systems firm Auramarine Oy, as they seek to leverage their respective resources. Read More

Metals Exploration expects to beat gold production and cost guidance

25th Nov 2024 10:49

(Alliance News) - Metals Exploration PLC said on Monday it expects to beat its 2024 targets for gold production and cost. Read More

UK FCA fines Barclays GBP40 million over Qatari equity raise in 2008

25th Nov 2024 10:39

(Alliance News) - Barclays PLC has been fined GBP40 million by the UK Financial Conduct Authority for its failure to disclosure arrangements with "Qatari entities" during the 2008 financial crash, the regulator said on Monday. Read More

Dialight laments fluctuating demand, labour shortages as loss widens

25th Nov 2024 10:36

(Alliance News) - Dialight PLC on Monday provided a cautious outlook for capital expenditures, reporting an increased loss amid labour shortages and high underlying inflation. Read More

SMALL-CAP WINNERS & LOSERS: Dialight fades; Liontrust roars higher

25th Nov 2024 10:22

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday. Read More

Asia Dragon Trust shows recovery amid proposed Invesco Asia Merger

25th Nov 2024 10:19

(Alliance News) - Asia Dragon Trust PLC on Monday said returns for the financial year ending August 31 were "mixed", amid talks of a proposed merger with Invesco Asia Trust PLC to create a collective portfolio with net assets exceeding GBP800 million. Read More

Avation aircraft sale frees up USD5 million for reinvestment

25th Nov 2024 10:11

(Alliance News) - Avation PLC on Monday revealed that a profitable aircraft sale has freed up cash for reinvestment into previously announced orders. Read More

Shares in Benchmark jump after up to GBP260 million Genetics unit sale

25th Nov 2024 09:56

(Alliance News) - Benchmark Holdings PLC on Monday said it would use proceeds from the sale of its Genetics business to return capital to shareholders and reduce debt. Read More

LONDON BROKER RATINGS: Deutsche Bank raises JD Sports and Weir

25th Nov 2024 09:41

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More

TOP NEWS: Anglo American sells rest of coal assets for USD3.8 billion

25th Nov 2024 09:28

(Alliance News) - Anglo American PLC on Monday said it has struck a deal to sell the remainder of its coal business as it continues progressing its new strategy set out in May to focus on copper, iron ore, and crop nutrients. Read More

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