(Alliance News) - Keller Group PLC said trading remains in line with its expectations, as it set out new medium-term targets at a capital markets day in London on Wednesday. Read More
(Alliance News) - London Stock Exchange Group on Wednesday said it is working with artificial intelligence chip maker Nvidia Corp to aid financial institutions in analysing years of market data at "significantly greater speed and scale". Read More
Chemring Group PLC - Hampshire, England-based technology products for aerospace, defence and security - Wins deal worth at least USD170 million over the first five years with a "major" US defence prime contractor, which it doesn't name. The agreement is for the supply of the COTS Nav-Sync Miniature Radar altimeter by UK subsidiary Roke Manor Research. Chemring receives an initial USD16 million production order covering the first 12 months of the agreement, with deliveries starting this month. Roke's Nav-Sync MRA is a small, low-mass radar altimeter for use on high-speed platforms and uncrewed air vehicles, measuring altitude over land and sea at high speed and low altitudes in complex environments, Chemring explains. Read More
(Alliance News) - Households in England are set to see GBP240 million taken off their water bills by 2030 because of poor supplier performance, regulator Ofwat has announced. Read More
(Alliance News) - London Stock Exchange Group has struck a data partnership with chipmaker Nvidia, Softcat reports yearly profit ahead of consensus and Keller has set out medium-term aims. Elsewhere, James Halstead has lifted its payout again and Vertu Motors expects annual profit ahead of market forecasts. Read More
Block Energy PLC - Block Energy PLC - Georgia- and Gabon-focused oil and gas company - Completes 3D seismic acquisition over the Martkpoi Terrace prospect within licence XIQ in Georgia. Says gross mean unrisked recoverable prospective resources are estimated at 301.7 million barrels of oil equivalent. Work forms part of Aspect Georgia LLC's fully funded work programme, worth about USD95 million. Aspect Georgia is a subsidiary of US-based Aspect Energy Ltd. Block says XIQ is now fully carried through the relevant phases of the programme, with data moving into processing and interpretation to refine the prospect definition and support future drilling location selection. Aspect Georgia previously carried out a farm-out and may earn up to a 75% working interest in XIQ. It also holds an option to increase its working interest to 92.5%. Block Energy Chief Executive Paul Haywood calls the seismic acquisition an "important milestone". Read More
Eco Atlantic Oil & Gas Ltd - Toronto-based explorer on offshore Atlantic margins - Enters agreements with two Israel-based institutional investors to subscribe for new shares worth USD7.7 million. Eco Atlantic will issue 18.0 million new shares, a 4.9% stake in its resulting enlarged total, at 32.5 pence each to the investors, which it doesn't name. The fresh cash "strengthens our financial position as we progress our licences in Guyana, Namibia and South Africa, and the completion of our acquisition of JHI, while maintaining a strong balance sheet and preserving significant upside for shareholders," says Chief Executive Officer Gil Holzman. Read More
(Alliance News) - Stocks in London are set to open slightly higher on Wednesday, after Asian equities most hit by Tuesday's chip sell-off recovered, before eyes turn to US data in the afternoon. Read More
(Alliance News) - Andy Burnham will welcome Volodymyr Zelensky to Downing Street on Wednesday in a show of support after Donald Trump's diesel deal with Russia. Read More
(Alliance News) - Rio Tinto PLC on Wednesday posted positive third-quarter results, with iron ore production up slightly while copper production remained flat. Read More
(Alliance News) - Ancora Holdings Group LLC on Tuesday called on Big Yellow Group PLC to launch a comprehensive strategic review, including a sale process. 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
(Alliance News) - The following is a round-up of earnings reports by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - OpenAI has said it is not "racing to the bottom" on AI safety as MPs questioned bosses from technology firms over the safety and security of their AI agents. Read More