(Alliance News) - GSK PLC on Tuesday announced the USD2.2 billion acquisition of RAPT Therapeutics Inc, a California-based clinical-stage biopharmaceutical company focused on novel therapies for inflammatory and immunologic diseases. Read More
(Alliance News) - Donald Trump has suggested Britain's decision to cede the Chagos Islands to Mauritius is among the reasons he wants to take over Greenland. Read More
(Alliance News) - The UK unemployment rate was steady while regular earnings growth slowed, GSK agrees to buy biopharmaceutical firm RAPT Therapeutics for USD2.2 billion and Informa reports "strong trading" in the fourth quarter. Read More
Marechale Capital PLC - London-based adviser and financing provider for consumer brands, leisure, clean energy, mineral extraction and technology companies - Pretax loss remains steady at GBP176,515 in the six months to October 31 from GBP178,261 a year before. Revenue falls 25% to GBP111,932 from GBP148,500. Cost of sales increase 26% to GBP56,622 from GBP45,032, but administrative costs decrease 4.0% to GBP232,376 from GBP241,953. Notably, incurs no loss on disposal of investments, compared to GBP49,837 a year ago. Read More
ZCCM Investment Holdings PLC - Lusaka-based mining investor - Together with the Ministry of Finance & National Planning, forms Zambia National Energy Corp Ltd as a special purpose vehicle to invest in the country's energy sector and announces its first investment. ZNEC was incorporated in December, and its first investment will be to implement the Presidential Constituency Energy Initiative, which was approved by the Zambia government back in November. The initiative will deploy renewable energy capacity across all 156 constituencies of Zambia, aiming for total installed capacity of 312 megawatts. The total investment cost envisioned is USD202 million, of which 70% will be in debt and 30% in equity. ZCCM holds 60% of ZNEC and will contribute USD36.4 million of the equity, with the Zambia government owning the remaining 40% and contributing USD24.2 million. Read More
(Alliance News) - The UK unemployment rate stayed the same in the three months to November, numbers on Tuesday showed, while regular earnings growth slowed. Read More
(Alliance News) - Stocks in London are set to open lower on Tuesday, as investors continue to mull US President Donald Trump's tariff threats against Europe, and ahead of UK unemployment data which is due shortly. Read More
(Alliance News) - Keir Starmer will seek to steady the ship amid a tumultuous rift between Donald Trump and European countries over Greenland as the US president marks one year in the White House. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
(Alliance News) - The UK will reimburse visa fees and fast-track applications for top international firms under plans to be announced by Rachel Reeves. Read More
(Alliance News) - BHP Group Ltd on Tuesday raised its annual copper guidance after reporting mixed production results for the second quarter of financial year 2026, while also confirming significant cost increases for its Jansen potash project. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Prospex Energy PLC - Europe-focused gas and power project investor - Receives more than GBP1.3 million subscriptions for its unsecured convertible loan notes offer. This includes GBP985,000 previously announced earlier this month. The proceeds funded the company's 37% share of the 3D‑seismic acquisition programme at the Selva Malvezzi production concession in Italy, which will enable the next stage of the development of the asset, which has "major potential". The notes are convertible at 3p per share at any time with interest of 12% per annum payable quarterly. The first two interest payments, on March 31 and June 30 this year, will be capitalised and added to the loan principal rather than paid in cash. The loan principal is to be repaid in three tranches at the end of December 2027, the end of March 2028 and the end of June 2028. "Prospex is very grateful for the support from investors for the loan note offering," says Chief Executive Mark Routh. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News: Read More
Helium One Global Ltd - London-based helium explorer in Tanzania, also has a 50% working interest in the Galactica Project which is operated by Blue Star Helium Ltd - Announces that electrical submersible pump testing has started at the ITW‑1 well at the Rukwa helium project. All downhole tools and surface control equipment has now undergone the required checks and verification procedures prior to deployment. The ESP assembly is running in hole and will be positioned to allow further evaluation of the fractured Basement and Karoo intervals, through increased flow rates and enhanced helium production from these deeper geological zones, Helium One says. Once the ESP is set at the designated depth and the tubing hanger has been successfully tested, a final function test will be carried out before the well is opened and the pump activated. It is anticipated that this testing phase will take two to three weeks to complete. Read More