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Lastest Finance News

Frenkel Topping hails progress as funds under management grow

8th Aug 2025 14:25

(Alliance News) - Frenkel Topping on Friday said it made "good progress" against its strategic plans in the first half of the year, as talks for its potential takeover continue. Read More

EDX Medical inks NHS partnership for pneumonia test development

8th Aug 2025 14:24

(Alliance News) - EDX Medical Group PLC on Friday said it has partnered with the NHS to develop a new pneumonia test for critically ill patients. Read More

Risk of "persistent inflation" could affect rate cuts - BoE's Pill

8th Aug 2025 14:18

(Alliance News) - The top economist at the Bank of England has warned there is an increased risk of "persistent inflation" despite the central bank cutting interest rates. Read More

Rockfire Resources to start drilling at Molaoi deposit in September

8th Aug 2025 13:57

(Alliance News) - Rockfire Resources PLC on Friday announced it will begin drilling at the Molaoi zinc deposit in Greece in September. Read More

Petra Diamonds shares rise on proposed refinancing plan

8th Aug 2025 13:34

(Alliance News) - Petra Diamonds Ltd shares on Friday proposed a refinancing plan, and said diamond sales revenue fell during the 2025 financial year. Read More

Wheaton Precious Metals hails "record revenue", raises dividend

8th Aug 2025 13:20

(Alliance News) - Wheaton Precious Metals Corp on Friday reported strong trading in the first half of 2025, hitting "record" revenue and upping its dividend. Read More

Flutter Entertainment launches USD245 million fourth buyback tranche

8th Aug 2025 12:59

(Alliance News) - Flutter Entertainment PLC on Friday said it plans to repurchase shares worth up to USD245 million on the New York Stock Exchange in the fourth tranche of a share buyback programme. Read More

EARNINGS: FBD profit declines; Altitude revenue improves

8th Aug 2025 12:48

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and Friday and not separately reported by Alliance News: Read More

Irish Residential Properties swings to interim profit and ups dividend

8th Aug 2025 12:46

(Alliance News) - Irish Residential Properties REIT PLC on Friday swung to a profit and raised its dividend despite slightly lower revenue amid "exceptional" occupancy and demand. Read More

LONDON MARKET MIDDAY: Europe mixed as gold shines with record futures

8th Aug 2025 12:12

(Alliance News) - Stocks were muted at midday on Friday, as gold futures hit a new record high and investors look to an upcoming meeting between US and Russian leaders Trump and Putin. Read More

IN BRIEF: Burford Capital reports higher profit in second quarter

8th Aug 2025 11:55

Burford Capital Ltd - London- and New York-based litigation finance provider - Reports "sharp increases in revenue and profitability" in the second quarter. GAAP net income rises by a third to USD105.2 million in the three months that ended June 30 from USD75.3 million a year before, as revenue increased by 20% to USD191.3 million from USD159.7 million. Pretax income is USD109.7 million, up from USD87.0 million. Cash receipts are USD48 million in the recent quarter, down from USD107 million a year before, but are USD306 million in the first half as a whole, up from USD245 million in the first half of 2024. Debt stands at USD1.78 billion on June 30, up slightly from USD1.76 billion on December 31, but the ratio of debt to net tangible equity improves to 0.7 times from 0.8 times. On a pro forma basis, it is 0.9%, well within Burford's 1.5x to 2.0x US bond covenant level. Read More

JPMorgan Emerging EMEA rises as Russian court suspends case against it

8th Aug 2025 11:38

(Alliance News) - JPMorgan Emerging Europe, Middle East & Africa Securities PLC on Friday said that a Russian court has suspended the claim against it and eight JPMorgan legal entities. Read More

Irish production in manufacturing falls 12% monthly in June

8th Aug 2025 11:20

(Alliance News) - Production in Ireland's manufacturing sector fell sharply in June, seasonally adjusted data published by the Central Statistics Office showed Friday. Read More

AIM WINNERS & LOSERS: Pennant to post half-year revenue decline

8th Aug 2025 11:05

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More

TBC Bank shares slide on first-half profit downturn and dividend cut

8th Aug 2025 11:00

(Alliance News) - TBC Bank Group PLC on Friday posted lower profit and reduced its dividend after operating expenses climbed in the first half. Read More

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