(Alliance News) - Greencore Group PLC on Tuesday said it expects full-year profit will be ahead of current market expectations after strong trading in the second quarter. Read More
(Alliance News) - UK house prices grew at the same annual rate in March as in February, figures from mortgage lender Nationwide showed on Tuesday. Read More
Shaftesbury Capital PLC - real estate investment trust formed from merger of Capital & Counties Properties PLC and Shaftesbury PLC - Completes the sale of 25% stake in Covent Garden, in the West End of London, to Norges Bank Investment Management, the Norwegian sovereign wealth fund. The deal marks the start of a "long-term partnership" between the two. Shaftesbury retains 75% ownership and management control over Covent Garden, which was independently valued at GBP2.7 billion as at December 31. Read More
(Alliance News) - Mondi PLC reported on Tuesday it has completed its acquisition of packaging assets from Schumacher Packaging GmbH for EUR634 million. Read More
(Alliance News) - London's FTSE 100 is called to open higher, recovering some lost ground on the eve of a key day as far as US tariffs go. Read More
(Alliance News) - Stocks in London are set to open higher on Tuesday, recovering some of Monday's lost ground, on the eve of 'liberation day'. 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) - Food inflation continued to edge up in March, despite retailers doing "all they can" to avert pressures bearing down on the industry, figures show. Read More
Shell PLC - London-based oil and gas exploration company - Subsidiary Shell Eastern Trading Pte Ltd completes the previously announced acquisition of 100% of the shares in Pavilion Energy Pte Ltd. The deal was announced last June. Pavilion Energy is headquartered in Singapore and operates a global liquified natural gas trading business with contracted supply volume of approximately 6.5 million tonnes per annum. The acquisition includes Pavilion Energy’s portfolio of LNG offtake and supply contracts, regasification capacity, and LNG bunkering business, strengthening Shell’s position in the LNG market. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Shares in Mirriad Advertising PLC surged on Monday after it announced a partnership with US-based media firm Group Black Inc. Read More
(Alliance News) - European stock markets tumbled on Monday as uncertainty reigned ahead of the expected unveiling of a raft of new tariffs by Donald Trump this week. Read More
(Alliance News) - The deposit protection limit for savers if their bank or building society fails could be raised by GBP25,000 later this year, under proposals being consulted on. Read More
THG PLC - Manchester-based e-commerce retailer of consumer beauty and nutrition products - Frasers Group PLC ups stake in THG to 10.9%, as of Friday, from 6.1%. Frasers now holds 151.9 million shares in the company, THG says in a stock exchange announcement on Monday, providing no other details. At the current market price, the stake is worth GBP49.1 million. Back in June, Shirebrook, England-based retailer Frasers and THG signed a cooperation agreement that included the launch of THG's Myprotein products in Frasers' Sports Direct stores. In October, Frasers invested GBP10 million in THG by taking part in an equity raise conducted to support the spin-off of THG's Ingenuity technology business. Frasers took a 4.8% stake in January this year, which was increased to 6.1% early in March. Last Thursday, THG confirmed the structure of its GBP90 million fundraise, consisting of a GBP22 million share placing and a GBP68 million convertible loan, with Founder & Chief Executive Officer Matthew Moulding contributing two-thirds of the total. Read More