(Alliance News) - UK Chancellor Rachel Reeves has urged Labour MPs to back her forthcoming budget, as the final day before the major government financial statement dawns. Read More
(Alliance News) - Stocks in London are set to open slightly lower on Tuesday, taking little encouragement from a surge in New York amid rising Federal Reserve cut expectations. 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) - Some of the world's best-known chocolate, from Mars to KitKat, is likely linked to deforestation in Liberia's rainforest despite many brands' claims of sustainability, according to research published Tuesday by the non-governmental organisation Global Witness. Read More
Oriole Resources PLC - West and Central Africa-focused gold explorer - Commences a 2,950 metre maiden diamond drilling programme at the MB01-N target at the Mbe gold project in Cameroon. This follows the recent announcement of a JORC resource of 870,000 ounces of contained gold at the MB01-S deposit. The drilling aims to deliver additional resource ounces for the project. Oriole expects the programme to complete late in the first quarter of 2026. Read More
EMV Capital PLC - life sciences focused investor - Appoints Anesh Patel as group chief financial officer, a non-board role, effective from December 1. Current CFO Stephen Crowe is moving on the same date to the newly-created role of portfolio CFO. "The creation of these two distinct roles reflects EMVC's development into a business with over GBP100 million of assets under management (AUM) and a portfolio of more than seventy companies, supported by multiple revenue streams across corporate finance, fund management, and value-creation services," the company says. "As the group has scaled, the scope of the finance function has naturally evolved, requiring a dedicated group-focused CFO and a separate senior role focused exclusively on supporting portfolio company growth." Read More
Polarean Imaging PLC - London-based medical imaging technology company - Signs exclusive South Korea distribution agreement with DK Healthcare Co Ltd, an affiliate of Seoul-based DK, which provides diagnostic radiology systems and imaging technologies, for Polarean's Xenon MRI platform. Says the deal represents its second international distribution partnership, allowing it to strengthen its Asia-Pacific commercial presence and position the Xenon platform to enter "one of the world's most advanced medical imaging markets". Will work with DK to obtain the necessary regulatory clearances ahead of the commercial launch. Read More
Wizz Air Holdings PLC - Budapest-based budget airline - Chief Financial Officer Ian Malin to become chief commercial officer, effective February 1. "Placing the commercial team under the direction of a proven leader will support Wizz Air's delivery of profitable capacity growth," Wizz Air says. Veronika Spanarova will succeed Malin as chief financial officer, "following a 30-year international career at Citi having worked in corporate and retail banking across a number of countries including the Czech Republic, Slovakia, Brazil and Hungary where she has been Citi's Managing Director, country manager and Wizz Air's banker". Also, Senior Chief Commercial & Operations Officer Michael Delehant's role is being renamed to group managing director, "with no change to scope and responsibilities". Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London closed mixed on Monday, following dovish remarks from New York Federal Reserve President John Williams and as UK investors wait for the government's latest budget on Wednesday. Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 119,934 shares in Ninety One PLC at an average 209.35 pence each, worth GBP251,014, on Thursday and Friday last week. Early last week, this entity bought 278,258 shares in Ninety One PLC for GBP581,898. Forty Two Point Two is the wholly owned by the Marathon Trust. Chief Executive Hendrik du Toit and Finance Director Kim McFarland are associated with the trust. Ninety One Assurance Ltd directors Johan Schreuder and Malcolm Gray, and Ninety One Guernsey Ltd director Adam Fletcher are also associates of the trust. Read More
(Alliance News) - Upland Resources Ltd on Monday said it has entered into a strategic partnership and framework agreement with Lost Soldier Oil and Gas II Master Series LLC. Read More