LONDON MARKET OPEN: FTSE 100 fades but peers edge up before ECB
(Alliance News) - Stock prices in Europe opened largely higher on Thursday, though the FTSE 100 underperformed, ahead of an expected European Central Bank rate hike. Read More
(Alliance News) - Stock prices in Europe opened largely higher on Thursday, though the FTSE 100 underperformed, ahead of an expected European Central Bank rate hike. Read More
Lansdowne Resources PLC - resource exploration company focused on Macaubas graphite project in Brazil - On Wednesday, says Jeffrey Auld, non-executive chair, is stepping down with immediate effect. This follows the resignation of chief executive Stephen Boldy at the end of July. The company says both will continue to support the company's ongoing Energy Charter Treaty arbitration claim against the government of Ireland. Lansdowne Resources says non-executive director Luis Azevedo will act as interim chair while the company searches for a CEO. Read More
(Alliance News) - Russia said on Thursday it had detained a Russian security guard working at Britain's embassy in Moscow, alleging he was hired by Ukraine for a false flag attack on the UK ambassador. Read More
(Alliance News) - Associated British Foods PLC on Thursday said it will launch a home delivery offering from its Primark retailing arm, as it reported "resilient" fourth quarter trading despite some pressure from the summer heatwave in retail and tea, and weaker pricing in sugar. Read More
(Alliance News) - Plans to give England's mayors the power to introduce a tourist tax will be set out on Thursday. Read More
(Alliance News) - AB Foods says adjusted operating profit for its financial year will be in line with expectations, but it did lift its view for earnings per share. It also announces a home delivery offering for Primark in Great Britain. Elsewhere, Currys and THG expect full-year earnings in line with consensus, Fevertree lifts its payout and boohoo sells a distribution centre. Read More
(Alliance News) - Flight disruption that caused chaos for hundreds of thousands of passengers has eased on Thursday, with schedules set to return to normal later. Read More
(Alliance News) - Artificial Intelligence healthcare firms could face tougher penalties in the UK for falling short of safety rules under calls for greater regulation of the technology. Read More
(Alliance News) - Stocks in London are to open flat on Thursday, ahead of a European Central Bank decision, as a US Treasury announcement on bond buybacks failed to inspire. Read More
Rosebank Industries PLC - London-based industrial company investor, owning CPM and MW Components - Senior Independent Director Christopher Miller buys 414,803 shares at GBP3.35, worth GBP1.4 million, on Tuesday. Miller now has 2.1 million shares. Read More
Rio Tinto PLC and Ltd - London and Melbourne, Australia-based miner - Signs a project agreement with the Nyangumarta Warrarn Aboriginal Corp for the proposed Winu copper-gold mine in Western Australia's Great Sandy Desert, located in Nyangumarta country. With this new agreement, the Nyangumarta people have consented to the proposed Winu mine and its associated infrastructure "Building on the project planning agreement signed in 2023, the newly co-designed agreement sets out how Nyangumarta people and Rio Tinto will work together, and how Nyangumarta knowledge, priorities and perspectives will inform the ongoing planning and implementation of activities on country," Rio Tinto says. A final investment decision is yet to be made for the Winu project, which also remains subject to regulatory and other necessary approvals. Read More
Alcoa Corp - Pittsburgh, Pennsylvania-based bauxite, alumina and aluminium producer- Prices a previously announced USD2.60 billion debt offering to finance the USD3.1 billion cash consideration for the acquisition of bauxite, alumina and aluminium producer assets from Perth, Australia-based miner South32 Ltd as announced in July. The offering includes a USD1.50 billion note due 2034 with a 6.625% coupon and a USD1.10 billion note due 2036 with a 6.875% coupon. Alcoa expects the sale of the notes to be completed on September 23. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The UK transport secretary has told MPs she did not believe the air traffic control problems that have caused chaos for hundreds of thousands of passengers were "unavoidable". Read More