(Alliance News) - Drax Group PLC on Friday said its takeover offer for Harmony Energy Income Trust PLC has lapsed, after Harmony accepted a rival offer. Read More
London Stock Exchange Group PLC - exchange operator and market data provider - Appoints Elizabeth Corley as a non-executive director, starting in the fourth quarter. Corley currently is chair of wealth and asset manager Schroders PLC. She also is on the board of defence and aerospace firm BAE Systems PLC. In her executive career, Corley was chief executive of Allianz Global Investors. She also was a consulting partner for Merrill Lynch Investment Managers and for accounting firm Coopers & Lybrand. "Her extensive experience working in global companies across financial services will benefit LSEG as we continue to scale our business and drive industry-wide transformational change," says LSEG Chair Don Robert. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - London's FTSE 100 opened in the green on Friday, as a Bank of England rate-setter warns on the UK economic outlook and looks to further reduce interest rates. Read More
(Alliance News) - A rate-setter at the Bank of England has said he remains "pretty concerned" about the economic outlook as he renewed calls to reduce interest rates further. Read More
National Grid PLC - London-based electricity and gas supplier - Completes the sale of its US onshore renewables business, National Grid Renewables, to Toronto-based Brookfield Asset Management Inc and its institutional partners, including Brookfield Renewable Partners. The terms of the deal had implied an enterprise value of USD1.74 billion. National Grid noted at the time of the sale agreement that its renewables unit "develops, constructs, owns, and operates utility-scale, solar, onshore wind and battery storage assets in the US", with 1.8 gigawatts in operation and 1.3 GW under construction. Read More
(Alliance News) - London's FTSE 100 was called higher on Friday, as the UK government prepares to sell its remaining stake in NatWest and a US appeals court allows the temporary continuation of President Donald Trump's global trade levies. Read More
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Agrees to acquire a multi-let business park in Lubeck, north Germany, for EUR12.7 million. Also reaches an agreement to sell a business park in Pfungstadt on the outskirts of Frankfurt for EUR30 million. Says it expects to complete the Pfungstadt transaction in the final quarter of the current financial year. Read More
(Alliance News) - London stocks are set to open higher on Friday, as a US court allows tariffs to continue temporarily during the president's appeal process. Read More
(Alliance News) - The governor of the Bank of England has welcomed the UK government's efforts to forge closer ties with the EU, as he said that officials should work to "minimise" the effects of Brexit on trade. Read More
(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
(Alliance News) - Business confidence in Scotland rose to higher than the UK national average in May, at 52%. Read More
(Alliance News) - Nuformix PLC on Thursday said its lead programme, NXP002, has been granted orphan drug designation by the European Medicines Agency for the treatment of idiopathic pulmonary fibrosis. Read More
(Alliance News) - Old Mutual Ltd on Thursday said its Africa Regions markets experienced a "mixed macro performance" in the first quarter of the year, as it noted the impact of tariffs, donor funding, inflationary pressures and currency volatility. Read More
(Alliance News) - Blue-chip stocks in Europe ended lower on Thursday, despite a day which started promisingly, after US President Donald Trump's tariff agenda received a blow. Read More