(Alliance News) - Raspberry Pi Holdings PLC on Tuesday blamed reduced royalty income and lower related component sales for a drop in half-year revenue, which contributed to a slump in profitability. Read More
(Alliance News) - Pacific Horizon Investment Trust PLC on Tuesday reported an increased net asset value, but its total return underperformed against the MSCI All Country Asia ex Japan Index. Read More
(Alliance News) - European stocks opened higher on Tuesday as gold prices continued to climb, with investors flocking to the safe-haven metal in anticipation of further future US rate cuts and a softer dollar. Read More
(Alliance News) - Land Securities Group PLC on Tuesday said it is seeing strong demand across its retail and London office portfolios, keeping it on track to hit earnings guidance, as it recycles capital away from low-returning assets. Read More
Caledonia Mining Corp PLC - Zimbabwe-focused gold miner - Says an employee lost his life in an accident at its Blanket Mine in Zimbabwe. Caledonia says the accident took place on Monday and was related to secondary blasting. The company says it will conduct a "thorough investigation into the circumstances surrounding this accident" and will release further details only after the outcome of an enquiry into the accident by local authorities. Read More
(Alliance News) - Smiths Group PLC on Tuesday said it has overcome ongoing macro-economic uncertainties to deliver organic revenue growth ahead of its expectations. Read More
(Alliance News) - London's blue chip stocks were set to open higher on Tuesday, ahead of a slew of PMI readings in the UK, US and eurozone, and US President Donald Trump meeting Ukrainian leader Volodymyr Zelensky at a UN conference. Read More
(Alliance News) - London's FTSE 100 is set to open higher on Tuesday, amid warnings on potential rising food inflation in the UK and ahead of US President Donald Trump meeting Ukrainian leader Volodymyr Zelensky at a UN conference. 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) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Ashoka WhiteOak Emerging Markets Trust PLC - seeking long-term capital appreciation through multi-cap portfolio of global equities - NAV return is 0.26% in August, outperforming the benchmark MSCI EM index at minus 0.79%. Key contributors include Delta Electronics, Tencent Holdings and Vivara Participacoes. Detractors are TSMC, OneSource and Ellenbarrie Industrial Gases. For the month, Materials and Communication Services outperform, while Energy and Healthcare underperformed. Mid and small caps outperform large caps. Among major EM markets, Brazil and South Africa outperform, while South Korea and India underperform. Read More
Red Rock Resources PLC - London-based, Africa and Australia-focused miner - Says it received the cash component of the consideration for a sale. The first payment to Power Metal Resources PLC has been duly made, it adds. Chair Andrew Bell says: "The potential sale of certain gold assets in Ivory Coast, in respect of which the company received exclusivity payments, is finalising documentation and assuming the parties remain ad idem as to indicative terms would be ready for execution shortly. Given the rise in the gold price, the company would in any case be unlikely to extend exclusivity beyond mid-October." Read More
(Correcting share price for September 1.) Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 made steady progress on Monday supported by gains in gold miners as the price of the yellow metal hit a new all time high. Read More