(Alliance News) - Rio Tinto PLC on Monday said it has agreed to sell its interest in the Dampier seawater desalination plant joint venture to Yindjibarndi WaterCo, at an undisclosed price. Read More
Tritax Big Box REIT PLC - London-based real estate investment trust focused on logistics properties in the UK and managed by Tritax Management - Six-week judicial review of the planning consent for the Manor Farm data centre development concludes successfully, Tritax says, allowing the company to move ahead on the 74-acre site in the 'Slough availability zone', near Heathrow airport. In addition to the planning consent, Tritax says it has secured an "accelerated pathway to power delivery", without providing specifics, saying this is a key differentiator for the 100 megawatt project, since power supply is a major constraint to data centre development. Once operational, the data centre is expected to provide a 9.3% yield on cost, the company says. Read More
(Alliance News) - Shares in Vesuvius PLC on Monday plunged as it forecast 2026 trading profit below current market expectations. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Railways Pension Trustee Co Ltd on Monday said it won't make an offer for IP Group PLC, saying several months of negotiations have failed to yield an agreement. Read More
(Alliance News) - AstraZeneca PLC on Monday reported stronger-than-expected earnings in its second quarter, with sales broadly as forecast, together with mixed news for its drugs pipeline. Read More
(Alliance News) - European equities pushed higher, while oil and the dollar weakened on de-escalation hope in the Middle East. Read More
(Alliance News) - Vodafone Group PLC on Monday said it has made a "good start" to its financial year, boosted by the consolidation of Three UK and "broad-based" growth in all segments. Read More
Johnson Matthey PLC - London-based speciality chemicals maker - Calls general meeting for August 11 to approve the company's previously announced plan to return GBP1 billion to shareholders by means of a GBP800 million special dividend and a GBP200 million share buyback. The special dividend will be worth 476.5 pence per share. The return represents most of the proceeds from Johnson Matthey's sale of its Catalyst Technologies business to Honeywell International Inc for an enterprise value of GBP1.33 billion, which was completed earlier this month. The return will be accompanied by a four-into-three share consolidation, effective August 17. Read More
(Alliance News) - AstraZeneca affirmed annual guidance, while Vodafone lifted its outlook after the Safaricom deal. Elsewhere, DCC Energy has agreed to a takeover, Serica Energy will buy Pharos Energy but IP Group's suitor will not make an offer for the firm. Read More
(Alliance News) - Pharos Energy PLC has agreed to an all-cash takeover offer from Serica Energy PLC that values Pharos at GBP145.7 million, the two London-listed companies announced on Sunday evening. Read More
(Alliance News) - European stocks are set to open higher on Monday, with the FTSE 100's advance expected to be slightly more tempered, after Iran and the US held their fire Sunday. Read More
(Alliance News) - UK Prime Minister Andy Burnham has signalled he could make it harder to claim benefits, saying the UK must "get really serious" about curbing the welfare bill. Read More
(Alliance News) - BP PLC's former Chair Albert Manifold was seeking the removal of the company's Senior Independent Director Amanda Blanc, before he was booted, the Telegraph reported on Saturday. Read More
(Alliance News) - BP PLC is making headway on plans to divest its solar power business, Lightsource, the Financial Times reported on Friday. Read More