(Alliance News) - The chief executive of the insurance arm of HSBC Holdings PLC has left the company, amid a restructuring of the business globally by HSBC and uncertainties for the insurance market in Hong Kong, the Financial Times reported on Wednesday. Read More
(Alliance News) - Stock prices in Europe made a mixed start on Wednesday, ahead of a key US consumer price inflation release, and as Brent continues to sit around the USD90 a barrel mark as eyes remain on Middle East tensions. Read More
(Alliance News) - Shares in Balfour Beatty PLC on Wednesday jumped as it lifted profit and cash guidance underpinned by a bumper order book. Read More
Atalaya Mining Copper SA - owner and operator of Spain's Proyecto Riotinto copper mine - Urion Investment Holdings Ltd, part of the Trafigura group, fully exits its holding in Atalaya via a share placing run by JP Morgan SE and BMO Capital Markets Ltd. Trafigura sells 16.8 million shares at 915 pence each, banking GBP154 million. Atalaya will receive no proceeds from the sale, as it is of existing shares. They represent just under 11% of Atalaya's equity, and the sale leaves Trafigura with no Atalaya stake. Trafigura in February sold 14.0 million Atalaya shares, an 8.5% stake, at 945p, worth GBP132 million. Trafigura is a Singapore-based commodities supply chain firm. Read More
(Alliance News) - Infrastructure firms Balfour Beatty and Hill & Smith have both lifted their 2026 guidance and upped their first-half dividends, while gambling firm Evoke reports a slightly wider half-year loss as its takeover nears. Read More
(Alliance News) - UK Prime Minister Andy Burnham has said he wants to go "further" in supporting high street businesses at the budget with their business rates, after announcing plans to slash the tax for pubs, clubs and venues. Read More
(Alliance News) - Stocks in London are set to open lower on Wednesday, ahead of an eagerly-anticipated US inflation reading, and as oil continues to creep higher on Hormuz nerves. Read More
(Alliance News) - Andy Burnham will chair a meeting of the UK government's emergency Cobra committee on Wednesday in response to extreme heat, which has caused widespread wildfires and plunged many parts of the country into drought. 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) - Kingspan Group PLC on Tuesday announced the acquisition of BMC Manufacturing Group for an initial EUR850 million. Read More
Air Liquide SA - Paris-based industrial gases company - Says UK Competition and Markets Authority has begun seeking comments on the expected acquisition of Air Liquide's home oxygen services by Dolby Medical Home Respiratory Care Ltd. The CMA is issuing an invitation to comment in order to "allow interested parties to submit to the CMA any initial views on the impact that the transaction could have on competition in the UK." Company notes that the CMA has yet to begin its formal investigation into the proposed transaction. Dolby Medical Home Respiratory Care Ltd, or Vivisol, is a Stirling, Scotland-based healthcare services provider specialising in respiratory care. The company holds four regional home oxygen therapy contracts with the NHS, serving 20,000 patients. Read More
(Alliance News) - The following is a round-up of 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 updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Haleon PLC - Surrey, England-based consumer healthcare company - Says its subsidiary, Haleon US Capital LLC, is offering to buy back any and all of its outstanding USD2.00 billion 3.375% fixed rate senior notes due March 2027. Says bondholders will receive a price equal to the total consideration, based on the reference yield and fixed spread plus accrued interest. Haleon adds that the tender offer is in line with its previously stated capital allocation priorities. Expects this, alongside the planned issue of new bonds, to help it to "proactively manage and optimise its debt portfolio." The tender offer expires on August 18 at 1700, New York City time, unless it is extended. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More