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Lastest Finance News

Burberry reports first quarter growth as US and China sales rise

17th Jul 2026 08:22

(Alliance News) - Burberry Group PLC on Friday reported a stronger first quarter helped by sales in the US and China and said its "strategy is working". Read More

Valterra Platinum guides for interim earnings surge as PGM prices soar

17th Jul 2026 08:18

(Alliance News) - Valterra Platinum Ltd on Friday guided for a surge in first-half earnings, thanks to higher platinum group metals sales volumes and robust PGM prices. Read More

UPDATE: TA Associates completes GBP30 million sale of Eurowag shares

17th Jul 2026 08:03

WAG Payment Solutions PLC - London-based provider of payment and data services to trucking companies in Europe - Bock Capital EU Luxembourg WAG Sarl, an affiliate of TA Associates Management LP, sells GBP30.0 million worth of shares in Eurowag in a placing run by Peel Hunt LLP as global co-ordinator and joint bookrunner and Wood & Co Financial Services as joint bookrunner. TA Associates sells 30.0 million shares, a 4.3% stake, at GBP1 per share. It retains 88.5 million shares, a 12.7% stake, and has agreed to a 90-day lock-up for these shares. The company is not party to the placing, which was first announced after the London market close on Thursday, and will not receive any proceeds. TA Associates initially invested in WAG Payment back in 2016 and helped take the business public through a initial public offering on the London Stock Exchange in 2021. Read More

LONDON BRIEFING: Burberry US sales boost turnaround; Wise revenue up

17th Jul 2026 07:53

(Alliance News) - Burberry returns to first-quarter sales growth and raises its wholesale revenue guidance. Read More

IN BRIEF: Vega to grow Vodafone stake to over 18% as e& deal proceeds

17th Jul 2026 07:00

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Vega, an investment vehicle established to hold shares in Vodafone, and owned by the family of investor Xavier Niel, says on Thursday that its counterparty banks will proceed with the purchase of Emirates Telecommunications Group Co PJSC's, or e&'s, entire stake in Vodafone. This comprises 3.94 billion shares, representing 16.21% of Vodafone's share capital and 17.13% of its voting rights, at 110.48 pence per share. Says the transaction will be settled in the near future. Vega has also entered into another financial instrument relating to a further 2.74% of voting rights. Following the receipt of customary regulatory approvals and the settlement of the financial instruments, Vega will be entitled to receive shares representing approximately 18.80% of Vodafone's share capital, and 19.87% of its voting rights, in total. Read More

IN BRIEF: Metals Exploration revenue down in 2nd quarter but costs cut

17th Jul 2026 07:00

Metals Exploration PLC - copper and gold exploration and production in Philippines and Nicaragua - Reports positive pretax cash flow of USD25.2 million in the second quarter of 2026, down 14% from USD29.4 million in the first quarter, as gold revenue declines by 11% to USD47.1 million from USD52.9 million. Metals Exploration sells 10,552 ounces of gold at an average price of USD4,463 per ounce in the recent quarter. In the first quarter, the company sold 10,505 ounces of gold at an average price USD4,885. Production at its Runruno mining and processing operation in Philippines is 10,946 ounces of gold at an all-in-sustaining cost of USD2,019 per ounce in the second quarter, compared to 10,505 ounces at an all-in cost of USD2,067 in the first. Gold recovery improved to 84% from 77%. Read More

LONDON MARKET EARLY CALL: FTSE 100 seen down after Asia selloff

17th Jul 2026 06:54

(Alliance News) - Stocks in London are set to open lower on Friday after a sharp sell-off across Asian markets, as escalating US-Iran tensions rattled investor sentiment. Read More

UPDATE: China "firmly opposes" UK nationalising British Steel

17th Jul 2026 04:42

(Alliance News) - China said on Friday that it "firmly opposes" the UK government's decision to take British Steel Ltd into full public ownership, with Beijing urging the country to abide by "international rules". Read More

EARNINGS AND TRADING: TA to sell GBP30 million of WAG Payment shares

16th Jul 2026 20:46

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

Gulf Marine Services shares rise as announces new contract award

16th Jul 2026 19:28

(Alliance News) - Gulf Marine Services PLC on Thursday announced a four-year charter for one of its self-elevating accommodation units, to be deployed offshore Brazil. Read More

IN BRIEF: DCC shareholders approve name change to DCC Energy

16th Jul 2026 17:50

DCC Energy PLC - Dublin-based provider of sales, marketing and distribution services to the energy sector - Shareholders approve a company name change to DCC Energy PLC, from DCC PLC. The company says the shareholder response to the name change proposal was "very positive". The decision comes as the company edges toward accepting a GBP5.8 billion takeover bid from Kohlberg Kravis Roberts & Co LP and including Energy Capital Partners LLC. Read More

LONDON MARKET CLOSE: Rotork bid lights up FTSE 250 as miners fall back

16th Jul 2026 17:17

(Alliance News) - The FTSE 100 outperformed European peers on Thursday supported by gains in engineering stocks which helped offset weak miners. Read More

IMF urges incoming UK PM Andy Burnham to avoid public spending hikes

16th Jul 2026 17:07

(Alliance News) - An influential global organisation is urging Andy Burnham's incoming UK government to avoid increasing public spending in the face of pressures such as rising household energy bills. Read More

Kenmare Resources notes soft ilmenite market, weak market conditions

16th Jul 2026 16:44

(Alliance News) - Kenmare Resources on Thursday said it has continued to engage constructively with the government of Mozambique regarding Moma's implementation agreement during the second quarter of 2026, noting it is on track to achieve its 2026 shipments guidance. Read More

UPDATE: Alternative Income extends PUSU deadline for AEW UK

16th Jul 2026 15:43

(Alliance News) - Alternative Income REIT PLC on Thursday said it extended the deadline for AEW UK REIT PLC to announce a firm intention to make a takeover offer. Read More

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