(Alliance News) - GSK PLC and Fleming Initiative on Wednesday unveiled six major research programmes aimed at tackling antimicrobial resistance, committing GBP45 million to projects that will harness advanced artificial intelligence and cutting-edge laboratory science to combat drug-resistant infections. Read More
(Alliance News) - Severn Trent PLC on Wednesday said Chief Executive Liv Garfield is stepping down as it reported strong growth in half-year revenue and profit. Read More
(Alliance News) - Lloyds Banking Group PLC on Wednesday announced it has agreed to acquire Curve UK Ltd, a London-based fintech behind a digital wallet that consolidates multiple cards and payment methods into a single platform. Read More
(Alliance News) - European equities kicked off Wednesday in a tepid fashion, while the pound struggled for traction after a UK inflation reading which may have strengthened the case for more Bank of England rate cuts. Read More
Tesco PLC - Welwyn Garden City, England-based supermarket chain - Continues its GBP1.45 billion share buyback programme, launching a third tranche worth up to GBP350 million. The supermarket group enters a new arrangement with Citigroup Global Markets Ltd to repurchase ordinary shares on its behalf on the London Stock Exchange and Cboe Europe. Tesco completes the previous tranche of the programme on November 5. Between April 10 and that date, it buys back 273.5 million shares with a market value of about GBP1.1 billion. Read More
(Alliance News) - Kenmare Resources PLC on Tuesday said the commissioning of a wet concentrator plant has taken "longer than anticipated", dampening production at its Moma Titanium Minerals mine. Read More
(Alliance News) - Sage Group PLC on Wednesday raised its dividend after "significant" margin expansion helped drive a marked improvement in profit, with North America a strong performer. Read More
(Alliance News) - Smiths Group, Sage and Jet2 have announced new buybacks, while WH Smith reports its boss will leave after a probe revealed North America unit "shortcomings". Read More
(Alliance News) - UK consumer price inflation cooled last month, to the tamest level since June, numbers on Wednesday showed. Read More
(Alliance News) - Stocks in London are set to open slightly higher on Wednesday, clawing back a fraction of Tuesday's weakness, with eyes on a UK inflation reading this morning. 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) - 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) - Stocks slumped on Tuesday as the risk-off mood intensified amid tech valuation worries and interest rate uncertainty. Read More
(Alliance News) - Ocado Group PLC on Tuesday noted an announcement by the Kroger Co that it will close three robotic customer fulfilment centres in its live network. Read More