(Alliance News) - Glencore PLC on Wednesday declared a special dividend after returning to the black in the first half of 2026, and announced a new share buyback, while planning an Australian listing. Read More
(Alliance News) - Glencore reports a surge in first-half profit, announces USD1.5 billion of additional shareholder returns and plans an Australian listing, while Next lifts its annual profit guidance after stronger-than-expected second-quarter sales. Coca-Cola HBC also upgrades its 2026 outlook following first-half revenue and earnings growth. Read More
FIH Group PLC - services provider in the Falkland Islands and the UK - FIH agrees to sell its loss-making fine art logistics business, Momart International Ltd, to Compagnie Generale du Roumois SAS for GBP7.6 million in cash. CGR's parent company, Horus Finance SA, already owns other art logistics and storage businesses. The proceeds of the sale, expected to be completed by the end of September, will be returned to shareholders and invested in FIH's remaining operating business, Falkland Islands Co Ltd. Read More
(Alliance News) - Stocks in London are set to open higher on Wednesday as optimism over a potential US-Iran agreement to reopen the Strait of Hormuz lifted sentiment and pushed oil prices lower. Read More
(Alliance News) - Monadelphous Group Ltd on Wednesday said it has been awarded a construction contract by BHP Group Ltd to build a new car dumper. Read More
(Alliance News) - Reopening the Strait of Hormuz is "essential to ease cost-of-living pressures on British families", UK Foreign Secretary Ed Miliband has said as he headed to Washington to hold talks with his US counterpart Marco Rubio. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
M&G Credit Income Investment Trust PLC - debt investment firm - Delivers second quarter net asset value total return of 1.95%, compared with 1.88% for its benchmark. Says outperformance was supported by income generation, trading gains and the positive impact of credit spread tightening across parts of its portfolio. Public purchases during the quarter focused on "high yield and investment grade opportunities where compensation appeared attractive relative to the underlying credit risk," M&G says. This includes GBP1.9 million across high yield issues from TDC, SoftBank Corp, Ineos Finance, AMS-Osram and the Co-operative Group. Additionally, purchases GBP2 million of a lower mezzanine tranche in a public commercial mortgage-backed security issued by affordable and social housing provider SAGE. Calls private market deployment "also meaningful". In total, deploys north of GBP9 million "across a diverse range of private credit sectors and asset types." This includes a secondary market purchase of debt linked to one of Europe's largest independent bulk-terminal operators; investments in first loss and mezzanine tranches of two regulatory capital transactions; a senior real estate loan refinancing a prime London office asset; and debt secured against future receivables linked to an Italian road project. Read More
BAE Systems PLC- London-based defence contractor - Human Resources Director Tania Gandamihardja sells 68,004 shares at 2,087.50 pence each in London on Friday, worth GBP1.4 million. Read More
United Utilities Group PLC - Warrington, England-based water and wastewater services - Says it continues to make "good progress" on its upgrade and improvement projects in Knutsford to provide additional storm water storage. The works form part of its broader GBP13 billion upgrade of Big North West. Part of the project involves the construction of a 1.8 kilometre and 2 metre diameter underground storage tunnel. Read More
(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 made steady progress on Tuesday as oil prices fell amid renewed talk of a peace deal in the Middle East. Read More
(Alliance News) - Genel Energy PLC on Tuesday reported a loss in the first half of 2026, after production was disrupted by the conflict in the Middle East. Read More
(Alliance News) - AVI Global Trust PLC, AVI Japan Opportunity Trust PLC and Migo Opportunities Trust PLC on Tuesday announced the sale of Asset Value Investors Ltd to Pacific Asset Management, a London-based asset manager and part of the Pinnacle Investment Management group. Read More