(Alliance News) - The chief executive officer of Standard Chartered PLC has rowed back on comments suggesting artificial intelligence would replace "lower-value human capital" after prompting widespread backlash as the bank announced swathes of job cuts. Read More
(Alliance News) - GB Group PLC on Wednesday said it has expanded its partnership with global data, analytics and technology firm Equifax Inc into the US. 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) - S&U PLC shares rose on Wednesday as it said its turnaround "continues apace" with trading in the first quarter "healthily above budget". Read More
BP PLC - London-based oil major - Deputy Chief Executive Carol Howle sells 350,000 shares at GBP5.59, worth GBP2.0 million, on Monday in London. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Knights Group Holdings PLC on Wednesday said it is "actively assessing acquisition opportunities", as it reported a near 30% uplift in full-year revenue. Read More
(Alliance News) - Keir Starmer has insisted he is not lifting sanctions on Russian oil "in any way whatsoever". Read More
Falcon Oil & Gas Ltd - Australia, Hungary and South Africa-focused oil and gas explorer - Remains non-revenue generating for the first quarter of 2026, unchanged from the prior year. Loss widens to USD1.3 million from USD497,000. General & administrative expenses increase % to USD981,000 from USD491,000. Falcon notes that its definitive agreement with Tamboran Resources Corp is progressing, and expects the buyout to close in the second quarter. Highlights its ongoing focus "on strict cost management and efficient operation of the portfolio." Read More
(Alliance News) - Science Group PLC on Wednesday said it remains on track to deliver a "resilient performance" in 2026 despite geopolitical uncertainty and challenges in UK defence contracting. Read More
Gamma Communications PLC - Newbury, Berkshire-based provider of cloud communications and voice services - Confirms Damien Maltarp will join the company as chief financial officer on August 10. Back in March, Gamma named financial controller at the London Stock Exchange Group PLC, Maltarp, as the successor to Bill Castell, who left the firm on March 31. Read More
Custodian Property Income REIT PLC - Leicester, England-based real estate investment trust - Reports net asset value of approximately 99.7 pence per share as of March 31, up from 99.8p at December 31. Says board has approved a dividend of 1.5p for the fourth quarter ended March 31, and targets a total payout of at least 6.0p for the year ending 31 March, 2027. Reports fourth-quarter EPRA earnings per share of 1.5p, "in line with" 1.7p for the third quarter and excluding around 0.2p per share added by a one-off surrender premium on an industrial property. The estimated rental value of its portfolio rose 0.7% like-for-like, driven by LFL growth of 1.2% for industrial assets, which represent 42% of the portfolio's income. Portfolio ERV growth on an LFL basis is 3.3%. Custodian adds that further income growth of 13% is already embedded within the portfolio with an ERV of GBP55.6 million at March 31, up from GBP52.0 million three months prior. This exceeds current passing rent of GBP49.2 million, up from GBP45.8 million. Company also notes its acquisitions of family-owned property portfolios during the quarter, including that of Scorpion Properties Ltd in March. Read More