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Lastest Finance News

IN BRIEF: Allergy Therapeutics treats first patient in allergy trial

27th Nov 2024 16:52

Allergy Therapeutics PLC - Sussex, England-based biotechnology company - Treats its first patient in the third phase of its paediatric trial of Grass Mata MPL. The trial aims to evaluate the long-term efficacy and safety of the drug in treating children with grass pollen allergies. The drug was trialled in adults last year, and showed a "highly statistically significant reduction in the combined symptom and medication score". Grass Mata MPL addresses the cause of symptoms of allergic rhinoconjunctivitis due to grass pollen, and works to modify the body's allergic response in as few as six injections ahead of the allergy season. Read More

IN BRIEF: Botswana Diamonds gets drilling authorisation in Botswana

27th Nov 2024 16:13

Botswana Diamonds PLC - Botswana and South Africa-focused diamond exploration & development company - Receives environmental authorisation from the Botswana Ministry of Environment & Tourism to drill two targets in the Kalahari in Botswana. The targets are close to its KX36 discovery, and have "great potential" to upgrade existing resources in the area. The firm will aim to begin the drilling programme during the Kalahari dry season between April and October 2025. Read More

JPMorgan European Growth & Income underperforms benchmark returns

27th Nov 2024 16:07

(Alliance News) - JPMorgan European Growth & Income PLC on Wednesday said its half-year returns underperformed its benchmark due to "a tricky backdrop of lowering growth expectations and geopolitical uncertainties". Read More

IN BRIEF: Cykel AI launches recruitment AI agent 'Lucy'

27th Nov 2024 16:03

Cykel AI PLC - London-based technology company specialising in artificial intelligence - Launches an advanced recruitment AI agent called 'Lucy'. Lucy is a fully autonomous digital worker capable of executing end-to-end recruitment processes and managing complex workflows. Lucy is the first of a series of specialised digital workers that Cykel plans to launch, with each one designed to transform specific business functions. Read More

Galantas Gold quarterly loss narrows despite making no revenue

27th Nov 2024 15:18

(Alliance News) - Galantas Gold Corp on Wednesday reported a narrowed loss despite generating no revenue in the quarter. Read More

Keystone Positive Change Investment "reluctantly" proposes winding-up

27th Nov 2024 15:15

(Alliance News) - Keystone Positive Change Investment Trust PLC on Wednesday said it is considering various avenues for the company's reconstruction, following weaker annual results. Read More

Mercia Asset Management posts growth despite market uncertainty

27th Nov 2024 14:44

(Alliance News) - Mercia Asset Management PLC on Tuesday reported strong first-half results, with growth in revenue and assets under management despite ongoing challenges in the broader economic environment. Read More

Microsaic Systems highlights progress on Qatar project

27th Nov 2024 14:41

(Alliance News) - Microsaic Systems PLC on Tuesday announced progress on a project in Qatar. Read More

IN BRIEF: GreenX finds high-grade antimony amid global supply crunch

27th Nov 2024 14:31

GreenX Metals Ltd - developing Arctic Rift copper project in Greenland - Reports high-grade antimony mineralisation at its Eleonore North project in Greenland, with samples showing antimony grades up to 23%. The findings highlight potential for both antimony and gold deposits. Read More

UK shareholder meetings calendar - next 7 days

27th Nov 2024 14:25

UK dividends calendar - next 7 days

27th Nov 2024 14:25

UK earnings, trading statements calendar - next 7 days

27th Nov 2024 14:25

Inqo Investments swings to half-year profit from grant funding

27th Nov 2024 13:51

(Alliance News) - Inqo Investments Ltd on Wednesday reported a swing to profit from loss and higher revenue due to an increase in grant funding. Read More

EXECUTIVE CHANGES: Wishbone Gold hires former Goldman banker as chair

27th Nov 2024 13:43

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and Wednesday and not separately reported by Alliance News: Read More

IN BRIEF: Electric Guitar shares suspended as seeks insolvency advice

27th Nov 2024 13:41

Electric Guitar PLC - London-based digital marketing and advertising - Asks for shares to be suspended from trading on AIM in London on Tuesday "pending clarification of the company's financial position". Electric Guitar explains that "advanced negotiations for a substantial further investment" in the company are "unexpectedly terminated" on Monday. This, combined with "updated trading information", prompts the board to meet on Tuesday to consider the company's financial position. The board "decided that it should consider all options for the future of the company and that advice from insolvency practitioners should be sought," it says. Back in September, Electric Guitar said its pretax loss for the financial year that ended March 31 widened to GBP1.4 million from GBP537,690, due to one-off acquisition costs of GBP927,605, up from none the year before. Read More

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