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Lastest Finance News

Reynolds to confirm UK government will consult on easing EV rules

27th Nov 2024 13:23

(Alliance News) - UK Business Secretary Jonathan Reynolds is set to confirm the government will consult on easing rules related to the phasing-out of new petrol and diesel cars, the PA news agency understands. Read More

IN BRIEF: Imperial Brands supply chain head sells GBP200,000 in shares

27th Nov 2024 13:19

Imperial Brands PLC - Bristol, England-based tobacco products maker - Chief Supply Chain Officer Javier Huerta sells 8,000 shares at GBP25.99, worth GBP207,920, on Tuesday. Read More

IN BRIEF: DG Innovate rises as forms India joint venture for e-drives

27th Nov 2024 13:08

DG Innovate PLC - Bingley, England-based developer of sustainable mobility and energy storage technology - Signs joint venture agreement with EVage Automotive Pvt Ltd, an electric vehicle maker in India, to manufacture a range of DG Innovate's Pareta e-drives. The final agreement follows a memorandum of understanding signed back in March. The JV will be called Pareta India. It will be 60% owned by DG Innovate and 40% by EVage. Read More

IN BRIEF: RM extends e-marking partnership for digital assessments

27th Nov 2024 13:00

RM PLC - Abingdon, England-based digital learning and assessment solutions provider - Extends existing e-marking partnership with Cambridge University Press & Assessment for a further five years. As part of the partnership, digital mock exams will begin to be taken using RM's Assessment Master Technology. Read More

IN BRIEF: Prospex Energy expects revenue from Virura well by December

27th Nov 2024 12:59

Prospex Energy PLC - Europe-focused gas and power project investor - Expects to generate revenue from its Viura-1B development well in northern Spain by early December, following its imminent flow testing programme. The well, which was drilled by Heyco Energy Iberia SL, has reached its targeted total depth of 4,500 metres, and will be placed on long-term production after the testing programme. Prospex owns 7.2% of the Viura field through its 7.5% stake in Heyco, so will receive 14% of the field's production income until the payback of its initial capital investment from the acquisition, which completed in August. Read More

Kore Potash complies with ASX listing rules after contract talks

27th Nov 2024 12:33

(Alliance News) - Kore Potash PLC on Wednesday confirmed that it complied with listing rules of the Australian Securities Exchange over the engineering, procurement and construction contract for the Kola project. Read More

Autins loss widens and revenue down on weak automotive demand

27th Nov 2024 12:26

(Alliance News) - Autins Group PLC on Wednesday said its loss widened and revenue fell due to low automotive demand levels and delayed new vehicle introductions. Read More

Tectonic Gold halves annual loss amid strategic shift

27th Nov 2024 12:22

(Alliance News) - Tectonic Gold PLC on Wednesday reported a narrowed loss for its financial year ended June 30, reflecting improved cost controls and a shift in strategy following asset transactions. Read More

IN BRIEF: Vodafone head of human resources sells GBP230,000 in shares

27th Nov 2024 12:17

Vodafone Group PLC - Newbury, England-based telecommunications provider - Chief Human Resources Officer Leanne Wood sells 320,385 shares at GBP0.72, worth GBP229,790, on Tuesday. Read More

TheraCryf gets European patent for drug acquired from new subsidiary

27th Nov 2024 12:16

(Alliance News) - TheraCryf PLC on Wednesday confirmed it had been awarded a Composition of Matter patent in Europe for a new drug treating mental health conditions. Read More

JPMorgan Global Core Real Assets interim loss narrows amid wind-down

27th Nov 2024 12:13

(Alliance News) - JPMorgan Global Core Real Assets Ltd on Wednesday said its loss narrowed in the first half of its current financial year, as the firm progresses its managed wind-down. Read More

LONDON MARKET MIDDAY: FTSE 100 flat but tariffs, French woe hit peers

27th Nov 2024 12:03

(Alliance News) - Stock prices in London made a minor gain heading into Wednesday afternoon, though worries of Donald Trump tariffs and French budget concerns kept a lid on sentiment in mainland Europe. Read More

Motorpoint swings to half-year profit despite fall in revenue

27th Nov 2024 12:02

(Alliance News) - Motorpoint Group PLC on Wednesday said it has returned to profit, following a strong first-half performance. Read More

Gateley anticipates interim profit growth, second-half momentum

27th Nov 2024 12:02

(Alliance News) - Gateley Holdings PLC on Wednesday said it expects to post growth in underlying profit for the first half of its current financial year, and anticipates full-year results in line with market expectations. Read More

IN BRIEF: Reckitt Benckiser adds Bacardi CEO and ex-Merck CEO to board

27th Nov 2024 11:56

Reckitt Benckiser Group PLC - Slough, Berkshire-based consumer goods and hygiene products maker - Hires two new non-executive directors starting January 1. Mahesh Madhavan is the chief executive officer of rum distiller Bacardi Ltd, and Stefan Oschmann is the former CEO & chair of life science firm Merck KGaA. Read More

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