(Alliance News) - The UK economy returns to growth in May, matching expectations, while takeover activity gathers pace as DCC extends talks with a KKR-led consortium and ABB strikes a GBP4.1 billion deal for Rotork. Read More
(Alliance News) - Supermarket Income REIT PLC said on Wednesday afternoon it had raised GBP100 million as expected after equity issue to pursue acquisitions. Read More
(Alliance News) - The UK economy returned to growth in May, official figures showed on Thursday, as a rebound in the services sector offset declines in production and construction. Read More
(Alliance News) - NextEnergy Solar Fund Ltd on Wednesday declared the start of a formal sale process, saying its share price discount to net asset value has hurt its ability to raise new equity. Read More
(Alliance News) - ABB Ltd on Thursday announced a more than GBP4 billion deal to acquire London-listed Rotork PLC, which it deems "highly complementary" to its Automation offering. Read More
(Alliance News) - Stocks in London are set to open lower on Thursday, with investors awaiting a batch of UK economic data after the Federal Reserve struck a cautious tone on inflation and the US launched fresh strikes against Iran. Read More
(Alliance News) - Itochu Corp and BHP Group Ltd on Thursday announced they have made the final investment decision for the development of the Ministers North iron ore deposit in Western Australia, moving the project into its construction phase. Read More
(Alliance News) - BHP Group Ltd on Thursday reported softer fourth quarter copper and iron ore output while annual results showed "record" iron ore volumes. 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 updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The Central Bank of Ireland is keeping its compliance with international law in handling prospectuses for Israel bonds "under review", its governor said, but added it was in "no doubt" that it complied with its obligations. Read More
BP PLC - London-based energy company - Agrees to sell most of BP Ventures' minority interests in more than 10 companies in its portfolio to Verdane OpCo AS. BP says the transaction supports its efforts to simplify its portfolio and maintain disciplined capital allocation. Verdane, the Oslo, Norway-based investment firm, will acquire the interests in the companies, while BP will retain investments in a "small number" of the companies "where the technology has the potential to create value for its businesses," says BP. Company notes the divestment is expected to be complete by the second quarter of 2027. Read More
(Alliance News) - DCC PLC on Wednesday said it extended its deadline for a takeover approach from a consortium led by Kohlberg Kravis Roberts & Co LP and including Energy Capital Partners LLC. Read More
(Alliance News) - Andy Burnham has declined to rule out introducing a wealth tax and suggested the government "might be having to ask for a little more" at some point to balance Britain's books. Read More
(Alliance News) - The FTSE 100 ended lower on Wednesday as weak miners kept London's lead index in check amid soft economic data in China. Read More