(Alliance News) - Airtel Africa PLC is hiring more investment banks for the planned London listing of its mobile money business, the Financial Times reported on Wednesday. Read More
(Alliance News) - TwentyFour Income Fund Ltd on Wednesday reported a lower net asset value return and dividend for its latest financial year, although it continued to outperform its annual income target and said it expects higher interest rates to remain supportive for asset-backed securities. Read More
Distil PLC - London-based owner of drinks brands RedLeg Spiced Rum, Blackwoods Gin and Vodka, and Blavod Black Vodka - Splits leadership responsibilities, as Executive Chair Don Goulding plans to leave the board on August 14 after serving 16 years. Goulding joined Distil as a non-executive director in 2010, moving to non-executive chair and then executive chair. Distil says Goulding is retiring to focus on family projects. Philip Naughton, who joined the board in February, will step up to non-executive chair. Distil also hires David Smith to be chief executive officer. Distil notes Naughton has 25 years experience in the drinks industry, including with Diageo PLC, where he helped launch ready-to-drink and zero-alcohol products. Read More
(Alliance News) - Supermarket Income REIT PLC said on Wednesday it has agreed to acquire a portfolio of three supermarkets for GBP118 million. Read More
(Alliance News) - NCC Group PLC on Wednesday announced it is working together with Siemens AG to help protect the UK's critical infrastructure. Read More
(Alliance News) - Stock prices in London were lower at midday on Wednesday, with mining stocks dragging on the FTSE 100 after weaker-than-expected Chinese growth data overshadowed gains elsewhere. Read More
(Alliance News) - James Cropper PLC on Wednesday reported single-digit annual revenue growth, and said the current financial year has seen a "strong start". Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Ireland's goods exports fell sharply in May, data showed on Wednesday, as shipments to the country's largest trading partners declined, while imports edged lower. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
(Alliance News) - Workspace Group PLC on Wednesday said there was "still a long way to go" in its repositioning, but urged shareholders to back management, rather than activist-investor Saba Capital Management LP, which has called for a leadership shake-up. Read More
(Alliance News) - The UK economy is being held back by renewed energy inflation sparked by the Middle East conflict, an influential economic body has said, as it urged the government to accelerate its pro-growth agenda and tackle regional divides. Read More