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Lastest Finance News

CORRECT: Cobalt Holdings confirms plan to float on London Main Market

20th May 2025 06:58

(Correcting that Cobalt Holdings has not yet made its initial purchase of cobalt from Glencore.) Read More

IN BRIEF: SIMEC Atlantis Energy enters joint venture for AW2 project

20th May 2025 06:51

SIMEC Atlantis Energy Ltd - Scotland-based owner and developer of sustainable energy projects - Enters a joint venture with renewable energy project developer Econergy International Ltd to co-develop the AW2 250 megawatt battery storage project at SIMEC's Uskmouth Sustainable Energy Park. This will be the third battery storage project to be delivered at Uskmouth, at which there is currently more than one gigawatt of projects either in construction or development. The two companies will design the AW2 project for a duration of up to five hours, bringing its total potential capacity to 1,250 megawatt hours. The project aims to receive planning permission within the next 12 months and achieve financial close in 2027. Read More

LONDON MARKET EARLY CALL: FTSE 100 to rise after Monday recovery

20th May 2025 06:48

(Alliance News) - Stocks in London are set to open higher on Tuesday, building on gains from Monday afternoon, when markets recovered from a drab start to the week to end slightly higher. Read More

UK, France, Canada condemn "egregious actions" by Netanyahu's Israel

20th May 2025 06:35

(Alliance News) - Keir Starmer has condemned Benjamin Netanyahu's "egregious" actions in Gaza, warning that the UK and allies will take "concrete actions" unless he changes course. Read More

Alliance News UK - start of day

20th May 2025 06:30

(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

UK chancellor says Gulf trade pact is "next deal" after EU summit

20th May 2025 04:52

(Alliance News) - Chancellor Rachel Reeves said the UK government is nearing a trade pact with six Gulf nations, including Qatar and Saudi Arabia, as its next major deal. Read More

TRADING UPDATES: Pantheon disappointed by Megrez-1 testing results

19th May 2025 21:43

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

DIRECTOR DEALINGS: Personal Group Chief Executive buys shares

19th May 2025 21:34

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News: Read More

IN BRIEF: AstraZeneca trial shows Airsupra effective against asthma

19th May 2025 19:54

AstraZeneca PLC - Cambridge-based pharmaceutical and biotechnology company - Phase 3b Batura trial shows statistically significant and clinically meaningful improvements in mild asthma in patients treated with Airsupra (albuterol and budesonide) than albuterol alone. Compared to placebo, Airsupra significantly reduces the risk of a severe symptom exacerbation by 47%. Patients treated with airsupra have 63% lower exposure to total systemic corticosteroids over the treatment period compared with albuterol-alone, reducing risks from cumulative exposure to SCS which include type 2 diabetes, depression and anxiety, renal impairment, cataracts, cardiovascular disease, pneumonia and fractures. Read More

Big Yellow Group reports profit decline despite top line growth

19th May 2025 18:38

(Alliance News) - Big Yellow Group PLC on Monday expressed confidence in its established strategy as it expects new store openings "to make a material contribution to both revenue and earnings in the reasonably near future." Read More

Rio Tinto agrees to form JV for "world class" Chile lithium project

19th May 2025 17:28

(Alliance News) - Rio Tinto PLC late on Monday announced its binding agreement, with Corporacion Nacional Del Cobre de Chile or Codelco, to form a joint venture. Read More

Mendell Helium hails successful test of water disposal well in Kansas

19th May 2025 17:23

(Alliance News) - Mendell Helium PLC on Monday said operations to re-enter M3 Helium Corp's Brobee salt water disposal well have successfully completed. Read More

LONDON MARKET CLOSE: Stocks mixed amid US rating cut, UK-EU progress

19th May 2025 17:04

(Alliance News) - The FTSE 100 rallied into the close on Monday, ending at best levels for the day, as investors weighed UK-EU reset talks and Moody's US credit rating downgrade. Read More

80 Mile regains full control of Disko-Nuussuaq project in Greenland

19th May 2025 16:30

(Alliance News) - 80 Mile PLC on Monday said it has agreed to the early reversion of KoBold Metals Co's interest in the Disko-Nuussuaq nickel-copper-cobalt project in Greenland. Read More

IN BRIEF: Vinanz progresses strategy with first bitcoin purchase

19th May 2025 15:53

Vinanz Ltd - British Virgin Islands-domiciled bitcoin mining company - Purchases 16.9 bitcoins as part of its strategy of growing its bitcoin treasury. Notes the average price of the bitcoin purchased was USD103,341 including fees, with a total consideration of USD1.7 million. Read More

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