(Alliance News) - Hutchmed China Ltd on Wednesday said it has begun the global phase one clinical development programme for its targeted cancer therapy for patients with solid tumours. Read More
Tavistock Investments PLC - Ascot, England-based financial advice and investment management firm - Responds to comments from Titan Wealth Services Ltd and Titan Asset Management Ltd regarding the outcome of a UK court hearing on Thursday last week. Tavistock previously announced on Tuesday that the court ruled in its favour "on all matters", allowing it to expand counterclaims relating to alleged misuse of its model portfolio service and rejecting Titan's attempts to strike out parts of the case. Court also ordered Titan to pay an interim amount of GBP250,000 toward Tavistock's legal costs. Tavistock says Titan responded, saying: "We respect the court's decision that, procedurally, the defendants have satisfied the low threshold required to introduce into their pleading the amendments Titan has been contesting. Titan nevertheless maintains that the defendants' counterclaims are factually and legally flawed and are likely to fail at the trial, which remains listed to take place in the summer of 2027." Read More
Derwent London PLC - London office-focused real estate investment trust - Receives resolution to grant planning permission for a planned development of Blue Star House in Brixton, south east London. The building, opposite the O2 Academy Brixton music venue, will be turned into a 341-room hotel with ground floor office and commercial space. Work is expected to start in mid-2027 and be completed by late 2029. Read More
(Alliance News) - JPMorgan India Growth & Income PLC on Wednesday expressed optimism for the future of Indian equities, as it reported a decline in its net asset value per share. Read More
(Alliance News) - Avacta Group PLC on Wednesday said new data demonstrated that its drug caused "robust and meaningful" tumour shrinkage in patients with salivary gland cancer. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Wednesday said it has received a requisition request from Saba Capital Management LP which calls for the removal of all six independent non-executive directors and their replacement with three US-based nominees selected by Saba. Read More
(Alliance News) - Stock prices in London were higher at midday on Wednesday as easing UK inflation reinforced expectations of a Bank of England interest rate cut. Read More
Oakley Capital Investments Ltd - provider of exposure to the education, technology, consumer and business service sectors through investments in Oakley Capital funds - Oakley Capital Fund VI invests in Low Tides Holdings LLC, a partnership entity with luxury clothing and lifestyle brand James Perse. OCI estimates that its indirect contribution will total around GBP13 million via Fund VI, related to its share of Oakley's investment. Oakley says James Perse has an online presence and over 60 stores globally, and "has consistently generated strong revenue growth in recent years, driven by a loyal customer base and distinct brand identity". Says it will help the brand expand its global presence and marketing strategies. Read More
(Alliance News) - Ireland's trade surplus narrowed in October as goods imports increased, according to Ireland's Central Statistics Office data published on Wednesday. Read More
Kier Group PLC - Manchester, England-based infrastructure services, construction and property investment - Completes 2025 share buyback on Tuesday. The programme began on January 21 this year and has been run by broker Peel Hunt LLP. Kier buys back 11.0 million shares in total, 2.4% of its total, spending GBP20 million. Kier now has 441.9 million voting shares, plus the 11.0 million repurchased shares in treasury. Read More
(Alliance News) - IntegraFin Holdings PLC on Wednesday hailed an "excellent year" of trading as it posted improved profit and upped its dividend. Read More
(Alliance News) - Metlen Energy & Metals PLC on Wednesday said it has been chosen by a subsidiary of Electricite de France SA to lead construction of the Longfield solar farm in the UK. Read More