(Alliance News) - Mony Group PLC on Monday said it remained well-positioned to deliver sustainable profitable growth while noting headwinds in some of its end markets. Read More
Helium One Global Ltd - helium explorer and project developer in Tanzania and the US state of Colorado - Secures GBP10 million in investment from three institutional investors and seeks to raise GBP1 million more in a retail share offer to fund the next phase of its operations in Tanzania and the US. The equity raise comes as Helium One receives confirmation of the award of the southern Rukwa mining licence by the Tanzania government. Helium One plans to start a further testing programme at the license area in the fourth quarter. The fund raise arranged by Marex Financial allows investors to convert their GBP10 million advance into shares at agreed discounts to Helium One's market price at the time of conversion. The retail share offer will be at the same price as it will be used for the institutional investors, Helium One says. Read More
(Alliance News) - AstraZeneca PLC on Monday said it had seen promising results in a recent trial of its Tagrisso treatment for lung cancer. Read More
(Alliance News) - BP PLC on Monday said it has appointed former CRH PLC chief executive Albert Manifold as its next chair, succeeding Helge Lund after a seven-year tenure. Read More
(Alliance News) - Jubilee Metals Group PLC on Monday described its annual chrome and platinum production performance as "strong", though it expects lower output of chrome in the year ahead. Read More
(Alliance News) - London stocks are set to open broadly flat on Monday, as a "landmark" review calls for water regulator Ofwat to be scrapped under a system overhaul to create separate bodies for England and Wales. Read More
(Alliance News) - Ryanair Holdings PLC on Monday said profit more than doubled in the first quarter, helped by stronger fares during the Easter travel season, as the low-cost airline reiterated its cautious outlook for the rest of the year. Read More
(Alliance News) - Ryanair Holdings PLC on Monday said profit more than doubled in the first quarter, helped by stronger fares during the Easter travel season, as the low-cost airline reiterated its cautious outlook for the rest of the year. Read More
(Alliance News) - The system for regulating water companies should be overhauled and replaced with one body for England and one body for Wales, a landmark review of the sector has advised. Read More
Argentex Group PLC - London-based currency risk management firm - Decides on Friday to appoint administrators for the company and subsidiaries. Applies to the court to have operating subsidiary Argentex LLP placed into special administration under UK payment and electronic money institution insolvency regulations. Earlier Friday, Argentex said the UK Financial Conduct Authority had ordered Argentex LLP "to cease all regulated activity, to not register and onboard new customers, and to not open any new foreign exchange trades". Under the "voluntary" agreement, Argentex also must "take all reasonable steps to stop incoming payments from existing customers". Read More
(Alliance News) - London's FTSE 100 is set to open lower on Monday, following a report showing profit warnings have more than doubled in the retail sector and the average UK property price slipping at the fastest rate in more than twenty years in July. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
(Alliance News) - HSBC Holdings PLC on Friday said it has agreed to sell its portfolio of French home and "certain other" retail loans to a consortium comprising Rothesay Life PLC and CCF Group. Read More
(Alliance News) - South32 Ltd on Sunday announced that it exceeded full-year production guidance, driven by greater output of copper and aluminium across its various operations. Read More
(Alliance News) - Profit alerts among UK retailers more than doubled in the second quarter as consumers reined in their spending and firms faced soaring wage costs, according to a report. Read More