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Lastest Finance News

US GDP growth slows in fourth quarter; PCE price index 2.9%, core 2.7%

20th Feb 2026 14:04

(Alliance News) - US core personal consumption expenditures grew at a faster rate than expected in December, the US Bureau of Economic Analysis reported on Friday, but gross domestic product growth missed the consensus forecast. Read More

PRESS: New Diageo boss Dave Lewis plans big shake-up of exec team - FT

20th Feb 2026 14:01

(Alliance News) - Dave Lewis, who took over as chief executive of Diageo PLC at the start of this year, is planning major changes to his executive team, the Financial Times reported on Friday. Read More

IN BRIEF: SkinBioTherapeutics board member to oversee external probe

20th Feb 2026 13:30

SkinBioTherapeutics PLC - Newcastle Upon Tyne, England-based life sciences - Non-Executive Director Alyson Levett will oversee an independent investigation of the events that led to the departure of Stuart Ashman as chief executive officer. Levett, who chairs the board's audit committee, will work with FRP Advisory, which the board has engaged to undertake a "forensic review". Read More

IN BRIEF: Magnum Ice Cream CFO buys over EUR100,000 in shares

20th Feb 2026 13:28

Magnum Ice Cream Co NV - Amsterdam-based ice cream company spun off from Unilever PLC and owner of Magnum, Ben & Jerry's and Cornetto brands - Chief Financial Officer Abhijit Bhattacharya buys 10,046 shares at an average price of EUR13.57 each on Thursday, for a total of EUR136,314. This follows purchases of around EUR2.6 million in shares by Magnum directors this week and last week. Read More

PureTech says its pulmonary fibrosis drug granted orphan designation

20th Feb 2026 13:11

(Alliance News) - PureTech Health PLC said on Friday its drug treating idiopathic pulmonary fibrosis, deupirfenidone, has been designated as an orphan drug by both the US Food & Drug Administration and the European Commission. Read More

Aston Martin warns on profits amid "highly challenging" environment

20th Feb 2026 13:08

(Alliance News) - Aston Martin Lagonda Global Holdings PLC on Friday issued a profit warning as it noted the impact of "heightened tariffs" in the US. Read More

Kosmos Energy extends Ghana licences to 2040, hedges 2027 output

20th Feb 2026 13:07

(Alliance News) - Kosmos Energy Ltd on Friday said the Parliament in Ghana has ratified licence extensions for the Jubilee and TEN fields through to 2040, as Kosmos reported rising output and began hedging 2027 production. Read More

TBC Bank reports strong 2025 thanks to fourth-quarter boost

20th Feb 2026 12:11

(Alliance News) - TBC Bank Group PLC on Friday said a positive final quarter of 2025 helped it reach strong full-year results, allowing for a double-digit increase in its annual dividend. Read More

Fermi draws USD200 million from debt facility for Texas power project

20th Feb 2026 12:07

(Alliance News) - Fermi Inc on Friday said it has made an initial draw on a USD200 million equipment financing facility to support the first 2.3 gigawatts of its project Matador in Texas. Read More

LONDON MARKET MIDDAY: FTSE 100 stays up, UK PMI outperforms forecasts

20th Feb 2026 11:54

(Alliance News) - Stock prices in London were higher at midday on Friday, after news that activity growth in both the UK services and manufacturing sectors was stronger than expected in February. Read More

UK borrowing in current fiscal year falling faster than expected - IFS

20th Feb 2026 11:46

(Alliance News) - UK borrowing is expected to fall faster in the current fiscal year than anticipated, the Institute for Fiscal Studies said Friday. Read More

Segro reports record rental income but property gains weigh on profit

20th Feb 2026 11:32

(Alliance News) - Segro PLC on Friday reported a decline in pretax profit for 2025, despite increased revenue, as lower valuation gains offset record rental income. Read More

Chrysalis plans portfolio sale and cash exit, manager flags concerns

20th Feb 2026 11:30

(Alliance News) - Chrysalis Investments Ltd on Friday proposed to sell its entire portfolio and return proceeds to shareholders over the next three years. Read More

Chemring shares fall as notes slower than expected start to year

20th Feb 2026 11:28

(Alliance News) - Chemring Group PLC on Friday said its order book grew slightly as it noted it was well positioned to benefit from rising defence spending across Nato and allied nations. Read More

IN BRIEF: Aterian equity raises GBP350,000 from shares, convertibles

20th Feb 2026 11:20

Aterian PLC - minerals exploration and trading in Africa, including copper-silver projects in Morocco and Botswana and an exploration licence in Rwanda - Raises GBP250,000 from a subscription for 1.0 million new shares at 25 pence each by existing investors. The subscribers will receive warrants for 500,000 new shares at a strike price of 32.5 pence, exercisable over the next two years. Aterian also issues GBP100,000 in convertible bonds with the same exercise price of 32.5p on December 31, 2027. Until then, the bonds pay an annual interest rate of 12%. Aterian says the fresh funds will be used to expand its trading operations in Rwanda via subsidiary Eastinco Ltd, including an increase in throughput capacity and supplier aggregation. Read More

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