(Alliance News) - The UK government announced plans on Monday to acquire the country's third-largest steelmaker, after taking temporary ownership of the group last year amid an industry downturn. Read More
(Alliance News) - Stock prices in London closed mixed on Monday, with Middle East tensions, AI slowdown fears and caution ahead of a flurry of central bank meetings keeping investors on their toes. Read More
(Alliance News) - Fresnillo PLC late on Monday afternoon announced the pending retirement of Chief Financial Officer Mario Arreguin, and named Rodrigo Sandoval as his designated successor. Read More
(Alliance News) - Former hedge fund manager Crispin Odey "acted to save his own skin" during an investigation into sexual misconduct allegations against him and showed "arrogant entitlement", the Financial Conduct Authority has said. Read More
Ninety One PLC and Ltd - London and Cape Town-based money manager - Forty Two Point Two acquires 17,424 Ninety One PLC shares at 209.65 pence for GBP36,529 on Thursday last week. Forty Two Point Two is an investment vehicle of five Ninety One directors, including Chief Executive Hendrik du Toit and Finance Director Kim McFarland. Read More
Avation PLC - Singapore-based commercial passenger aircraft leasing company - Notes that Air Baltic Corp AS, known as airBaltic, has voluntarily initiated a US chapter 11 bankruptcy process, so it can "restructure its financial obligations while continuing its operations". airBaltic says it is operating all flights as scheduled and that business will continue as usual. Also, it has raised EUR350 million in debtor-in-possession financing to support its immediate liquidity needs. Read More
(Alliance News) - Nigel Farage has acknowledged Reform UK may fall foul of UK government moves to clamp down on foreign donors, after his party received GBP72 million from two crypto billionaires over the weekend. Read More
(Alliance News) - Keystone Law Group PLC on Monday declared a special dividend alongside "excellent" half-year results, and said it expects to beat revenue and profit expectations for the current financial year. Read More
(Alliance News) - Blencowe Resources PLC on Monday announced the immediate resignation of Mike Ralston as chief executive officer. Read More
(Alliance News) - UK Prime Minister Andy Burnham has cancelled engagements today and tomorrow following the death of his father Roy, who was suffering from Alzheimer's. Read More
Central Asia Metals PLC - copper, zinc and lead producer and explorer with operations in Kazakhstan and North Macedonia - Issues update on its planned acquisition of Cygnus Metals Ltd. Conditions that need to be satisfied or waived include consent in Kazakhstan for the issue of new Central Asia Metals shares pursuant to the Australian scheme of arrangement for the acquisition. Says its application is in progress, and the current timetable requires a decision no later than October 1. Says it might not obtain this approval before the Cygnus scheme meeting scheduled for Friday, or before the second court date, which is currently scheduled for September 23. Cygnus has advised the company that it may apply to defer the court date "to the earliest practicable date following receipt of the Kazakhstan regulatory approval and/or seek the court's approval to treat the Kazakhstan regulatory approval as a condition subsequent." Central Asia Metals, however, "is not aware of any specific reason why the Kazakhstan regulatory approval will not be received in the ordinary course." Read More
(Alliance News) - Andy Burnham will be the last prime minister of the UK, Scottish First Minister John Swinney has predicted. Read More