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Lastest Finance News

Abenojar Tungsten targets London Main Market IPO by end of 2026

7th Oct 2026 09:42

(Alliance News) - Abenojar Tungsten SA on Wednesday announced that it plans to start trading on London Stock Exchange's Main Market. Read More

Metlen considering listing in Athens for infrastructure arm Metka

7th Oct 2026 09:40

(Alliance News) - Metlen Energy & Metals PLC on Wednesday said it is considering a potential listing on Euronext Athens for its infrastructure-related activities branch Metka. Read More

WINNERS & LOSERS: Pennon slumps; Avon Technologies ups view

7th Oct 2026 09:38

(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday. Read More

PRESS: HSBC planning "brutal" job cuts in UK wealth management arm

7th Oct 2026 09:38

(Alliance News) - HSBC Holdings PLC is preparing to cut jobs in its UK wealth management business as part of efforts to ramp up the use of artificial intelligence to serve wealthy customers more efficiently, reports have said. Read More

IMI agrees EUR63 million acquisition of iSMA Controlli

7th Oct 2026 09:34

(Alliance News) - IMI PLC on Wednesday said it has agreed the acquisition of Italian building automation systems firm iSMA Controlli Spa. Read More

IN BRIEF: Tekcapital's Innovative Eyewear hits record quarterly sales

7th Oct 2026 09:18

Tekcapital PLC - London-based intellectual property investor - Says Innovative Eyewear Inc, the developer and manufacturer of smart eyewear and part of Tekcapital's portfolio, reported net sales of USD1.04 million for the third quarter ended September 30, up 55% from a year earlier. For the first nine months, net sales were USD2.8 million, up 66% from a year earlier, exceeding net sales for financial 2025 of USD2.7 million. Chief Executive Officer of Innovative Eyewear Harrison Gross says: "We delivered the highest quarterly net sales in our history while intentionally running promotional pricing on older models and conserving advertising and marketing spend. That approach clears the way for the planned fourth quarter launch of Lucyd Aero, our lightest and most advanced smartglasses to date, as we head into what has historically been our strongest quarter of the year." The company's wholesale and international expansion is expected to meaningfully affect sales in the fourth quarter and into 2027. Read More

Pennon launches rights issue and slashes dividend to fund investment

7th Oct 2026 09:14

(Alliance News) - Pennon Group PLC on Wednesday announced a heavily discounted rights issue and said it was cutting its dividend as it outlined increased investment plans aimed at improving performance. Read More

IN BRIEF: CleanTech Lithium says Laguna Verde test results exceed benchmarks

7th Oct 2026 09:07

CleanTech Lithium PLC - Chile-focused exploration and development company - Says Laguna Verde pre-feasibility study produced lithium carbonate with purities of up to 99.75%. Says the results provide further validation of the proposed route from Laguna Verde brine through direct lithium extraction, purification and concentration to final lithium carbonate. Key direct lithium extraction adsorption parameters, including lithium adsorption yield and adsorption capacity, exceeded pre-feasibility design benchmarks, supporting the planned 15,000 tonnes per annum production capacity. Chief Executive Ignacio Mehech says the results are "highly encouraging" and provide the company with "clear engineering improvements". Read More

LONDON BROKER RATINGS: Deutsche Bank ups Glencore, BHP price targets

7th Oct 2026 09:05

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More

LONDON MARKET OPEN: Energy price surge hits shares; Pennon sinks

7th Oct 2026 09:00

(Alliance News) - Stocks in Europe opened lower on Wednesday, with rising yields and a resurgence in the oil price weighing on equities. Read More

Shell flags strong refining margins and production benefit from ARC

7th Oct 2026 08:30

(Alliance News) - Shell PLC on Wednesday said refining margins rocketed in the third quarter, and raised its production outlook, although margins in its chemicals fell back. Read More

UK house prices flat in September on "fairly subdued market"

7th Oct 2026 08:10

(Alliance News) - UK house prices were steady last month, numbers on Wednesday showed, with "buyer caution" and continued demand serving as opposing forces in the market. Read More

LONDON BRIEFING: Shell refining margins surge; Pennon ups investment

7th Oct 2026 07:58

(Alliance News) - Shell reports a strong rise in refining margins, IMI has set out an acquisition and Metlen is eyeing a possible Athens listing plan for a unit. Elsewhere, Pennon has upped its investment aim, part-funded by a rights issue and dividend cut. Read More

IN BRIEF: BAT enters into agreement with Merrill Lynch to run buyback

7th Oct 2026 07:50

British American Tobacco PLC - London-based cigarette and nicotine product maker - Enters into an agreement with Merrill Lynch International to purchase shares of the company from Tuesday next week to December 23. Says Merrill Lynch will make its trading decisions independently of, and uninfluenced by, the company. The Dunhill and Kent maker said it had started its GBP1.3 billion share buyback from July 30 to October 12. It had announced this new repurchase plan late in June. Read More

Equinor boss questions UK investment if North Sea drilling is denied

7th Oct 2026 07:01

(Alliance News) - Oil company Equinor ASA could decide against future investment in the UK if the government does not approve drilling at new oil and gas fields in the North Sea. Read More

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