UK PM Keir Starmer urged to take "courageous" decisions on defence
(Alliance News) - Keir Starmer needs to take "bold and courageous" decisions to properly fund the UK's defence, former armed forces minister Al Carns said. Read More
(Alliance News) - Keir Starmer needs to take "bold and courageous" decisions to properly fund the UK's defence, former armed forces minister Al Carns said. Read More
(Alliance News) - GSK PLC on Friday announced that momelotinib has received orphan drug designation from the US Food & Drug Administration, and the European Medicines Agency, to treat VEXAS syndrome. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Retail investors in the UK took part in the initial public offering of Space Exploration Technologies Corp, or SpaceX, via the new 'POP operator' route. Read More
(Alliance News) - Glenstone REIT PLC on Friday announced a firm all-cash offer for fellow London-based real estate investor Alternative Income REIT PLC. Read More
(Alliance News) - Stock prices in London opened sharply higher on Friday, as the price of oil sank after US President Donald Trump claimed a deal with Iran could be signed soon. Read More
(Alliance News) - Tirlan Co-Operative Society Ltd on Friday said it sold a 5% stake in Glanbia PLC in a placing to institutional investors and back to the company. Read More
(Alliance News) - Flutter Entertainment PLC on Friday announced its intention to delist from the London Stock Exchange, after a review announced alongside its first-quarter results. Read More
Quantum Blockchain Technologies PLC - London-based blockchain and cryptocurrency group - Announces on Thursday its binding agreement for the disposal of its remaining 23.39% equity interest in Italian fintech and crowdfunding platform Forcrowd Srl, as it aims to focus resources on its core blockchain, bitcoin mining and AI solution activities. Gross proceeds will total EUR155,000, comprising EUR25,000 for a 5.47% stake pursuant to a previously agreed option arrangement, and EUR130,000 for the remining 17.92%. Notes that Forcrowd this week completed an EUR400,000 capital increase, with the disposal to take place following its registration. Says the buyers are "a group of Italian investors with significant experience in financial services, investment management and corporate finance," plus an existing Forcrowd shareholder. Quantum Chair & Chief Executive Officer Francesco Gardin will step down from his role as Forcrowd's chair upon completion of the sale. Read More
(Alliance News) - The UK economy contracts 0.1% in April, Flutter Entertainment says it will delist from the London Stock Exchange in August, while Alternative Income REIT's largest shareholder makes a takeover bid. Read More
(Alliance News) - The UK economy contracted 0.1% in April, in line with forecasts, according to data from the Office for National Statistics on Friday. Read More
Serabi Gold PLC - Brazil-focused mining company with offices in the UK and Canada - Files updated technical reports for its Palito complex and Coringa mine, both located in Brazil's Tapajos region. The filings were prepared by NCL Ingenieria y Construccion Spa of Santiago, and are approved by qualified individuals as required. Serabi filed updated filings support documents at the end of April, in which it said measured and indicated resources for the prospects totalled 730,800 ounces of contained gold, based on 2.5 million tonnes graded at 9.1 grammes of gold per tonne. This is up 29% from the estimate published in March 2025. Inferred resources total 653,300 ounces, based on 2.5 million tonnes graded at 8.1 grammes of gold per tonne, up 50% from previous estimates. Read More
Cadogan Energy Solutions PLC - Ukraine- and Italy-focused oil and gas company - Announces that, as of Wednesday, all its decentralised power-generation infrastructure is operational. The company says it successfully launched its third tranche of 3.1 megawatts. Further, it says that despite regulatory delays due to the ongoing war in Ukraine, its team "demonstrated exceptional professionalism and commitment to this important project delivery." Cadogan Energy Solutions says: "This achievement reinforces Cadogan's business model of a multi-energy group with significant investments and operations in the power generation sector." Read More
(Alliance News) - Stocks in London are set to open higher on Friday, as US President Donald Trump claimed a deal with Iran could be signed in days as he cancelled threatened strikes. Read More
(Alliance News) - Venezuela on Thursday granted British oil firm Shell PLC a license to explore and export natural gas, as it joins the ranks of multinational companies rushing to tap the country's vast oil and gas reserves. Read More