Gulf Keystone Petroleum expects lower output in 2026
(Alliance News) - Gulf Keystone Petroleum Ltd on Thursday said it continues to consider a potential listing in Oslo as it expects oil output to fall in 2026. Read More
(Alliance News) - Gulf Keystone Petroleum Ltd on Thursday said it continues to consider a potential listing in Oslo as it expects oil output to fall in 2026. Read More
Kingfisher PLC - London-based home improvement products retailer - Completes the GBP50 million fourth tranche of the GBP300 million share buyback that it start back in March last year. The fourth tranche, started in November and run by Morgan Stanley & Co International PLC, sees 16.1 million shares repurchased for GBP50 million in total. It takes the total completed for the current buyback programme to GBP225 million. Kingfisher says it will announce the fifth tranche of the buyback programme "in due course". 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
Metlen Energy & Metals PLC - Athens-based aluminium producer and electricity generator - Signs a strategic partnership with maritime transportation firm Tsakos Group for the development, construction, operation and commercial management of a Greek hybrid power generation project. The companies will participate in a joint venture, with Metlen owning 60% and Athens-based Tsakos holding the other 40%, to develop and operate "one of Greece's largest hybrid power generation projects". The power plant will have an integrated energy storage system consisting of a 251.9 megawatt photovoltaic park and an energy storage system with an expected capacity of 375 megawatt-hours. Metlen expects implementation to start in 2026 and is aiming for completion in early 2028. 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
(Alliance News) - Stock prices in London were higher at midday on Thursday, ahead of several US data releases due in the afternoon. Read More
(Alliance News) - Kitwave Group PLC on Thursday said it has accepted a GBP251 million takeover offer from New York investment company OEP Capital Advisers LP. Read More
(Alliance News) - Future PLC on Thursday said it has acquired SheerLuxe Ltd and Blush Talent MGMT Ltd, seeing the move as "highly complementary" to its portfolio. Read More
(Alliance News) - Daiichi Sankyo Co Ltd and AstraZeneca PLC on Thursday said Chinese regulators have approved their jointly developed drug Enhertu to treat gastric cancer. Read More
(Alliance News) - Auction Technology Group PLC on Thursday backed annual guidance after a "positive" first quarter, while it continued a back-and-forth suitor and shareholder FitzWalter Capital Ltd. Read More
Derwent London PLC - London office-focused real estate investment trust - Chief Executive Paul Williams plans to leave, but will remain in his role until a successor is appointed. Williams, in charge since 2019, continues to focus on "driving the performance of the business" during the transition, Derwent says. Chair Mark Breuer is leading the search for a new CEO. Williams says: "I am very proud of what we have achieved, positioning the business with world class assets in prime locations across London, attracting sustained and strong occupational demand." Read More
(Alliance News) - Ireland's decline in producer prices sped up in December, data published by the Central Statistics Office showed Thursday. Read More
(Alliance News) - Wickes Group PLC on Thursday said it remains on track to meet market expectations after sales growth accelerated in the second half of the financial year. Read More
(Alliance News) - Harbour Energy PLC on Thursday announced that it aims to continue to "mature our organic growth opportunities" as it expects oil equivalent output in 2026 to be lower than in 2025. Read More
(Alliance News) - Harworth Group PLC on Thursday pushed back a valuation goal by up to two years, amid "ongoing macroeconomic weakness and investor uncertainty". Read More