(Alliance News) - Stock prices in London opened in the red on Friday, amid rising geopolitical tensions and only "short-lived" optimism for tech stocks, and after a busy week for US data. Read More
Zegona Communications PLC - London-based investor in European telecommunications and media companies and owner of Vodafone Spain - Secures refinancing of EUR3.7 billion in debt that extends its maturity beyond five years and will save the company about EUR60 million per year in interest costs. The new debt structure consists of EUR1.10 billion in 4.25% senior secured notes due 2032. It also has term loans of EUR1.35 billion and EUR1.28 billion, one due in 2031 with an interest rate of 1.75 percentage points over the euro interbank offered rate and one due in 2032 costing 2.00 points over Euribor. An undrawn EUR500 million revolving credit facility also is charged at 1.75% over Euribor. Read More
(Alliance News) - Berkeley Group Holdings PLC said on Friday it has applied for a judicial review of the Planning Inspectorate's decision to refuse planning permission for its proposed redevelopment of the Aylesham Centre in Peckham, southeast London. Read More
(Alliance News) - Global Smaller Cos Trust PLC on Friday announced a 56th consecutive annual dividend increase despite performing worse than its benchmark. Read More
(Alliance News) - Wise Group PLC late on Thursday unveiled plans for a more than USD500 million buyback programme, as it posted a decline in earnings but saw its margin edge past medium-term guidance. Read More
(Alliance News) - XPS Pensions Group PLC on Friday said it has agreed to buy the trade and assets of UK-based specialist actuarial consultancy Austin Professional Resourcing LLP for up to GBP16.3 million. Read More
(Alliance News) - The body which operates Britain's electricity network has made another industry call for more power generation as the week's heatwave rages on. Read More
Barratt Redrow PLC - Leicestershire, England-based house builder - Confirms that Dean Banks will join Barratt as its new chief executive on September 21. Barratt had announced Banks's hiring back in March but at the time said only he would start in the fourth quarter. Banks joins from Ventia Pty Ltd, a Sydney-based and listed provider of infrastructure services in Australia and New Zealand where he has been chief executive since 2021. Prior to Ventia, Banks worked for construction firm Balfour Beatty PLC and security documents printer De La Rue PLC, and he now will return to the UK. Read More
(Alliance News) - BP PLC on Thursday said it has signed a technical services contract with India's Oil & Natural Gas Corp Ltd to help enhance production from fields in the country's Western Offshore Basin. Read More
(Alliance News) - The FTSE 100 was called lower on Friday, as tensions continue in the Middle East, while BP has announced a new technical services contract over a "prolific" hydrocarbon basin in India. Read More
(Alliance News) - British American Tobacco PLC on Friday launched another share buyback in a sign of commitment to enhance shareholder value. Read More
(Alliance News) - Stocks in London are set to open lower on Friday, amid a mixed picture in the Middle East as talks between Lebanon and Israel were extended, but Iran reportedly attacked a ship in the Strait of Hormuz. Read More
(Corrects that Heavitree recorded a pretax profit in both periods.) Read More
(Alliance News) - UK's King Charles III has paid more than GBP30 million in personal taxes since becoming monarch in September 2022, Buckingham Palace announced Thursday, in the first such disclosure by a reigning British sovereign. Read More
(Alliance News) - BHP Group Ltd on Friday announced changes to its senior leadership team as the company moves to strengthen operational performance and regional oversight across its global portfolio. Read More