(Alliance News) - European equities got off to a solid start on Monday, supported by a decline in the oil price, narrower bond yields and hopes of improving US-China relations, with Donald Trump and Xi Jinping set to hold talks. Read More
(Alliance News) - North Atlantic Smaller Cos Investment Trust PLC on Monday highlighted the takeover frenzy surrounding London-listed companies as fund managers pivot towards large international businesses. Read More
(Alliance News) - JD Sports Fashion PLC on Monday announced a long-term franchise partnership with Grupo Axo SAPI de CV to launch the JD brand in Mexico. Read More
Syncona Ltd - London-based life science investor - Portfolio holding Beacon Therapeutics Ltd's gene therapy laru-zova meets its primary endpoint in a phase II/III trial in treating the blinding condition X-linked retinitis pigmentosa. The endpoint, which was endorsed by the US Food & Drug Administration, was demonstrating statistically significant low luminesce visual acuity in patients at month 12, compared to a control group. XLRP is an inherited retinal disease that leads to progressive vision loss, moving from night blindness to being legally blind. Following the test results, Beacon plans a rolling biologics license application submission later this year. Read More
(Alliance News) - UK Chancellor John Healey will face pressure to raise taxes or cut spending at next month's budget, as soaring borrowing costs because of the Iran war and weaker growth has wiped nearly GBP12 billion off the UK government's fiscal headroom, according to a new report. Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two, an investment vehicle of five Ninety One directors, including Chief Executive Hendrik du Toit and Finance Director Kim McFarland, buys 87,838 shares at GBP2.07 to GBP2.10, worth GBP182,914, on Monday, Tuesday and Wednesday last week in London. Read More
(Alliance News) - JD Sports has struck a deal in Mexico, a region with a "significant runway for growth", while Resolute Mining has lowered its output view but lifted cost guidance. Read More
(Alliance News) - Canada's finance minister has urged the UK to "team up" with Canada and the EU economically, arguing closer partnerships are needed in the face of a changing global political landscape. Read More
(Alliance News) - Stocks in London are set to open higher on Monday, recovering a fraction of Friday's slump, amid optimism over easing tensions between the US and China, ahead of a meeting between Donald Trump and Xi Jinping. Read More
Windar Photonics PLC - London-based wind power optimisation technology - Raises GBP300,000 from its additional offer of 6.0 million new shares at 5 pence each to retail investors. Late last month, Windar raised GBP5.1 million from a share offer, including GBP245,000 from its retail portion, at the same price of 5p. However, that August retail share offer was over-subscribed, with applications exceeding GBP900,000, prompting the follow-up offer. Each new share is comes with a warrant for an additional share at 10p, exercisable until September 2029. The retail share offer is conditional on being approved at Windar's annual general meeting, being held on September 30. Read More
(Alliance News) - The UK Liberal Democrat party leader Ed Davey has signalled he would back the approval of the Jackdaw gas field in the North Sea, which is under review by the current Labour government. Read More
(Alliance News) - Chiltern Railways on Sunday will become the UK's latest train operator to be transferred to public ownership. 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
Banco Santander SA - Santander, Spain-based financial services company - Senior executive vice president Jose Perou sells 600,000 shares at EUR12.75 to EUR12.77 each on Wednesday, worth EUR7.66 million in total. 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