(Alliance News) - An oil price surge weighed on most European markets on Monday, though the FTSE 100 saw more resilient trade, boosted by oil majors and software stocks that had been battered by artificial intelligence worries earlier this year. Read More
(Alliance News) - Higher mortgage rates are putting pressure on the rental sector, with UK rental prices expected to be increasing by 4% to 5% annually by the end of the year, according to a property website. Read More
(Alliance News) - Greencoat Renewables PLC reported on Monday it restored interim profit and affirmed its full-year dividend guidance. Read More
(Alliance News) - GlobalData reports its annual earnings are to fall short of expectations, while MP Evans reports a half-year profit spike but says El Nino could temper production in times to come. Meanwhile, Brave Bison has sweetened its bid for System1. Read More
(Alliance News) - The FTSE 100 is to open higher on Monday, though European peers are to decline, as oil prices register another surge. Read More
(Alliance News) - Andy Burnham will call for a "culture shift" as he gathers business leaders in Downing Street on Monday to pledge to back entrepreneurs. Read More
(Alliance News) - Leaders of the SNP, Plaid Cymru and Sinn Fein are expected to meet in Cardiff to sign an agreement aimed at putting pressure on Downing Street to hold referendums on independence. Read More
(Alliance News) - AstraZeneca PLC and Daiichi Sankyo Co Ltd on Monday reported their medicine Enhertu kept the disease from worsening for longer in patients with advanced lung cancer driven by a mutation in the gene that produces the human epidermal growth factor receptor 2. Read More
(Alliance News) - US President Donald Trump has said he would "love to see" a united Ireland. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(This update includes the correct administrative costs result for the year to June 30 2026). Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
International Consolidated Airlines Group SA - London and Madrid-based airline company - Confirms that it has completed its EUR500 million share buyback programme announced on May 15. Notes that the programme forms part of its previously announced EUR1.50 billion return of excess cash to shareholders. Says it has now returned EUR1.00 billion through the most recent buyback and its predecessor, which was also worth EUR500 million in total. Says that under the latest programme, it repurchased 97.7 million shares, representing 2.12% of its issued share capital as of September 11. Reiterates that the buyback is intended to reduce its share capital, and the repurchased shares are therefore being held in treasury pending cancellation. Read More
(Alliance News) - Stock prices in London closed in the green on Friday, with equities in New York bursting higher, even after a US inflation report may have cemented a Federal Reserve rate hike next week. Read More
Lindsell Train Investment Trust PLC - investment trust created by Michael Lindsell and Nick Train and managed by Lindsell Train Ltd that invests for long-term total returns while maintaining real purchasing power of capital in sterling terms - Announces a tender offer to buy back up to 20% of its issued share capital. Says that since its launch in 2001, it has delivered an annualised net asset value total return of plus 10.5%, ahead of the MSCI World Index's plus 7.8%. However, the annualised return over the last five years has been a "disappointing" minus 7.1%, which Lindsell believes has led to the widening of the discount at which its shares trade. The tender offer is intended to narrow the discount. Lindsell says it remains confident in its investment approach and the quality of its portfolio. This includes its stake in Lindsell Train Ltd. Read More