Abenojar Tungsten targets London Main Market IPO by end of 2026
(Alliance News) - Abenojar Tungsten SA on Wednesday announced that it plans to start trading on London Stock Exchange's Main Market. Read More
(Alliance News) - Abenojar Tungsten SA on Wednesday announced that it plans to start trading on London Stock Exchange's Main Market. Read More
(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
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Wednesday. Read More
(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
(Alliance News) - IMI PLC on Wednesday said it has agreed the acquisition of Italian building automation systems firm iSMA Controlli Spa. Read More
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
(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
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
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - Stocks in Europe opened lower on Wednesday, with rising yields and a resurgence in the oil price weighing on equities. Read More
(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
(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
(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
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
(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