(Alliance News) - Stocks in London are set to open higher on Thursday, as investors monitor the latest developments from the US-China summit and brace for a heavy slate of UK economic data. Read More
(Alliance News) - Keir Starmer faces another day of questions over his future as Wes Streeting mulls whether to mount a challenge for the UK premiership. Read More
(Alliance News) - UK Prime Minister Keir Starmer vowed to earn the public's "trust" and regain "control" of immigration as he set out plans for sweeping reforms announced in the King's Speech. Read More
EDX Medical Group PLC - Cambridge, England-based developer of digital diagnostic products and services - Shares begin trading on AIM under the code EDX and are withdrawn from the Apex Segment of the Aquis Stock Exchange Growth Market. EDX announced its intent to move to AIM in April, when it applied under a "streamlined admission process" called the "AIM Designated Market" route intended for companies previously on Aquis. Read More
Magnum Ice Cream Co NV - Amsterdam-based ice cream holding company, spun-off from Unilever PLC - Chief Human Resources Officer Ronald Schellekens buys 33,046 shares in New York on Tuesday at an average price of USD15.11 each, worth total USD499,454. Read More
Amaroq Ltd - Greenland-focused mine developer - Reports first quarter revenue of CAD18.9 million, or GBP10.2 million, compared to none a year ago. Produces 3,700 ounces of gold in the quarter, with an average gold feed grade of 19.9 grams per ton. This is higher than its 2026 guidance of 14 to 15 grams per ton. Amaroq continues to expect gold production of 25,000 to 35,000 in 2026. Read More
Augmentum Fintech PLC - London-based venture capital firm - Frontier Bidco Ltd completes its GBP185.7 million, or 111 pence per share, acquisition of Augmentum. Frontier is a vehicle indirectly and wholly controlled by Verdane Fund Manager AB, the Stockholm-based firm which manages Verdane Freya XII Investments AB. Augmentum shares have been suspended from the Main Market of London Stock Exchange, with cancellation expected from the start of trade on May 14. Following completion, board members William Reeve, Karen Brade, Conny Dorrestijn, David Haysey and William Russell have resigned. Read More
Vinci Sa - Nanterre, France-based construction, concessions and energy company - 50%-owned joint venture Taylor Woodrow wins a GBP856 million contract to build key infrastructure works for the High Speed 2 line, set to connect West London and Birmingham. Read More
Fenikso Ltd - investor in Nigerian oil and gas assets - Reports the receipt of funds under the Lekoil & Gas Investments loan that was entered into at the end of 2022, as part of the Fenikso restructuring. Receives USD798,277 as a partial repayment of the loan of USD51.9 million. Notes the remaining amount under the loan is USD32.4 million. Adds that the amount received equates to 8.65% of the most recent payment from crude oil sales received by Logi, with the next payment set for June. Read More
Gana Media Group PLC - London-based mobile gaming content provider - Wholly owned subsidiary Estadio Deportes inks content partnership with Grupo Radio Centro, expanding sports coverage into broadcast radio. Under the agreement, Radio Centro will air the Estadio Deportes program "Sin Filtros" on Radio Red in Mexico, Monday through Friday from 1200 noon. Notes the agreement provides a new platform to expand the reach of Sin Filtros. Read More
(Alliance News) - The FTSE 100 rallied on Wednesday, led by mining stocks, while gilts steadied as UK Prime Minister Keir Starmer kept a precarious grip on power. Read More
(Alliance News) - Cordel Group PLC on Wednesday said it has agreed to be acquired by Werdohl, Germany-based railway infrastructure company, Vossloh AG, in a GBP29 million all-cash deal. Read More
(Alliance News) - Shares in Airtel Africa PLC slumped Wednesday afternoon in London after Bharti Airtel Ltd confirmed it will raise its stake, but buy shares at a discount to the prior closing share price. Read More
Arrow Exploration Corp - Colombia-focused oil producer - Updates on operational activity at the Icaco field on the Tapir Block in the LLanos Basin of Colombia. Says the Icaco 1 exploration well was spud on May 5, reaching target depth four days later, and adding that it was drilled on tike and under budget to a total measured depth of 7,800 feet. Notes that "multiple" hydrocarbon-bearing intervals were encountered. Reports that log analysis showed 30 feet of pay in the Carbonera C7 formation, 15 feet in the Gacheta formation along with 26 feet in the Ubaque formation. Adds that it plans to production test the IC-1 well in the three formations that are hydrocarbon-bearing on petrophysical analysis. Read More
Rome Resources PLC - mineral explorer with tin project in Democratic Republic of the Congo - Says it is participating in an airborne geophysical survey covered the greater Bisie tin district. Notes this district contains one of the world's highest grade tin plays, with the survey forming part of a broader contiguous programme of geophysical data acquisition. Says acquisition of over 600 kilometres of helicopter-borne geophysical data is planned for the company, with the survey to cover the entirety of its two licences. Adds that pre-survey testing began in the southern area on Monday, and is anticipated to move onto the company's licence areas in late May. Read More