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Lastest Finance News

Ocado says grocer Morrisons to stop using London fulfilment centre

28th Nov 2024 09:37

(Alliance News) - Ocado Group PLC on Wednesday said UK supermarket chain Morrisons will stop using one of two Ocado customer fulfilment centres that it currently uses, in favour of filling more customer orders from its own stores. Read More

Tullow Oil cuts free cash flow guidance, keeps low-end production view

28th Nov 2024 09:31

(Alliance News) - Tullow Oil PLC on Thursday lowered its free cash flow outlook amid payment delays and reiterated production would be at the low-end of prior guidance. Read More

IN BRIEF: Bharti family buys 7 million Airtel Africa shares in month

28th Nov 2024 09:08

Airtel Africa PLC - telecommunications and mobile money services provider in 14 countries in Africa - Shravin Bharti Mittal buys 2.5 million shares via Indian Continent Investment Ltd at GBP0.97 and GBP0.98, worth GBP2.4 million, on Thursday and Friday last week. Airtel is majority-owned by Bharti Airtel PLC, an Indian multinational firm and subsidiary of Bharti Global PLC. Bharti Global is the investment arm of the Bharti family and also owns Mauritius-based private equity firm Indian Continent. Mittal is Bharti Global's managing director. The latest purchases bring Indian Continent's total share purchases in November to 7.1 million. Read More

LONDON MARKET OPEN: Solid start in Europe amid US holiday

28th Nov 2024 08:55

(Alliance News) - Stock prices in London opened higher on Thursday, with the grocers, M&A developments and Dr Martens adding some impetus on a day where market drivers from New York will be scarce due to the Thanksgiving holiday. Read More

Global Petroleum eyes Namibia deal, advances Australia gold work

28th Nov 2024 06:58

(Alliance News) - Global Petroleum Ltd on Wednesday provided updates on two of its key projects, targeting a year-end agreement for its Namibian oil and gas exploration licence and advancing exploration at its gold-focused Juno project in Western Australia. Read More

LONDON MARKET EARLY CALL: FTSE 100 to open higher amid US holiday

28th Nov 2024 06:48

(Alliance News) - Stocks in London are called to open higher on Thursday, in what is expected to be a lighter day in terms of trading volumes, due to a US holiday. Read More

UK car production falls for eighth month in a row in October

28th Nov 2024 06:47

(Alliance News) - The number of cars produced in Britain has fallen for the eighth consecutive month, new figures from the Society of Motor Manufacturers & Traders, SMMT, show. Read More

Primark boss defends practices as budget fashion brand eyes expansion

28th Nov 2024 06:45

(Alliance News) - Ireland-based budget fashion chain and Associated British Foods PLC subsidiary Primark has been criticised for its record on workers' rights and the effect of its low-cost, high-volume model on the environment. Read More

Alliance News UK - start of day

28th Nov 2024 06:30

(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

TOP NEWS: Consumer confidence expectations little changed in November

28th Nov 2024 05:51

(Alliance News) - Consumer confidence was little moved in November as consumers weighed the autumn budget and looked ahead to Christmas, a report on Thursday showed. Read More

TOP NEWS: Direct Line rejects GBP3.3 billion bid approach from Aviva

27th Nov 2024 19:29

(Alliance News) - Aviva PLC on Wednesday said it had made an approach to buy Direct Line Insurance Group PLC, which had been rejected. Read More

Baillie Gifford European net asset value rises despite "volatility"

27th Nov 2024 18:28

(Alliance News) - Baillie Gifford European Growth Trust PLC on Tuesday said its net asset value rose during its most recent financial year, despite "volatility" in its long-term growth strategies. Read More

EARNINGS: Shearwater interim loss widens; essensys annual loss narrows

27th Nov 2024 17:17

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

Eco Atlantic first-half loss widens on increased operating costs

27th Nov 2024 17:02

(Alliance News) - Eco Atlantic Oil & Gas Ltd on Wednesday said its first-half net loss widened, as operating costs climbed. Read More

LONDON MARKET CLOSE: Stocks eke out gains despite US inflation upturn

27th Nov 2024 17:00

(Alliance News) - London's FTSE 100 closed higher on Wednesday outperforming European peers, as investors assessed a pick up in a key US inflation measure and political worries in France. Read More

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