(Alliance News) - GSK PLC on Monday launched the fifth tranche of its GBP2.0 billion buyback as it announced an exclusive collaboration with China pharmaceutical group Sino Biopharmaceutical Ltd. Read More
(Alliance News) - Compass Group PLC on Monday raised its profit view after a "strong first-half performance". Read More
(Alliance News) - Diageo PLC has confirmed plans to develop a new Guinness brewery in Co Kildare over the next three years. Read More
(Alliance News) - Compass Group raised annual profit guidance after reporting double-digit first-half operating profit growth, while GSK announced a China partnership for hepatitis B treatment bepirovirsen and the final tranche of its GBP2 billion buyback. Elsewhere, Victrex warned higher energy costs linked to the Middle East conflict could weigh on demand as interim profit declined. Read More
(Alliance News) - Heathrow Airport reported its passenger numbers fell by 5.3% last month because of the war in the Middle East. Read More
(Alliance News) - Stocks in London are set to open higher on Monday, as investors monitor rising oil prices and fresh tensions surrounding stalled US-Iran negotiations. Read More
(Alliance News) - The UK will not rejoin the EU's single market or customs union despite UK Prime Minister Keir Starmer promising to be "bolder" in seeking closer ties with Brussels. Read More
(Alliance News) - Keir Starmer said bringing former UK prime minister Gordon Brown back into government is a "future-looking" move. Read More
(Alliance News) - UK Prime Minister Keir Starmer has vowed to listen to voters but refused to shift "left or right" despite pressure to change course and backbench calls for a new leader following Labour's electoral mauling. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced this week and not separately reported by Alliance News: Read More
Hostelworld Group PLC - Dublin-based online travel agent focused on the hostel market - On Wednesday, Hostelworld reiterates its guidance for 2026, says trading in line with current market expectations, assuming no further escalation of the Middle East conflict. To date, the group's overall revenues have not been materially affected. Demand for intra-European travel remains in line with expectations and is currently offsetting softness in long-haul demand from Asia, where bookings on routes through the affected region have been impacted. Read More
Airea PLC - West Yorkshire, England-based flooring company - Reports an encouraging start to the new financial year with revenue for the four months to April ahead of the prior year by 7.0%. "Whilst macroeconomic conditions remain uncertain, the board remains confident in the group's prospects for the year ahead and delivering sustainable long-term value for shareholders," Non-Executive Chair Martin Toogood says. Remains mindful of the ongoing global geopolitical tensions, including in the Middle East, but notes its Dubai showroom continues to operate without disruption. Read More
Quantum Blockchain Technologies PLC - London-based blockchain and cryptocurrency group - Announces its resumption of quantum research for cryptocurrency mining in partnership with a research team at Milan University. The company notes its proprietary SHA-256 algorithm, which it expects to aid with cryptographic hashing to mine cryptocurrency in the future. Says Francesco Gardin, QBT chief executive officer: "We are excited about the resumption of our quantum computing programme... allowing us to build directly on the work already completed and accelerate our progress." The company notes that while quantum computing is not yet capable of aiding with cryptocurrency mining, "QBT believes that early positioning and proprietary development in this field could provide a significant long-term competitive advantage." Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News: Read More