(Alliance News) - Templeton Emerging Markets Investment Trust PLC on Tuesday proposed amending its policy to allow higher investments in a single company, enabling it to actively manage its exposure to Taiwan Semiconductor Manufacturing Co Ltd. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 closed lower in London on Tuesday as early advances evaporated in the wake of another strong US inflation print. Read More
(Alliance News) - UK interest rates could be hiked again in the near future if soaring inflation does not ease back, according to Bank of England deputy governor Clare Lombardelli. Read More
(Alliance News) - AB Dynamics PLC on Tuesday said it plans to invest surplus margin to grow the business as it highlighted a "very challenging market backdrop." Read More
(Alliance News) - Princes Group PLC said on Tuesday that it was entering the fourth quarter with strong momentum, with a government campaign aiding UK trading and as commercial wins continued in Europe, despite ongoing inflationary concerns. Read More
Rockhopper Exploration PLC - oil and gas company with a 35% working interest in the Sea Lion project, North Falkland Basin - Notes the International Tribunal for the Law of the Sea hearing on Tuesday and Wednesday. The Hamburg-based tribunal will consider Argentina's challenge to oil development in the North Falkland Basin. In September, Argentine President Javier Milei claimed activities in the area are unlawful and vowed to sanction oil companies drilling in the British overseas territory. Rockhopper has a 35% working interest in Sea Lion, the other 65% is owned by Navitas Petroleum Development & Production Ltd. Rockhopper says it will provide an update on the project when appropriate. Read More
(Alliance News) - Eco Atlantic Oil & Gas Ltd on Tuesday announced that it completed a Namibian portfolio farm-down to BP Namibia Energy Ltd, the ultimate parent of which is oil major BP PLC. Read More
Ferrexpo PLC - Ukraine-focused exporter of high-grade iron ore pellets - Says it has temporarily suspended production. Reports further attacks on Ukrainian electricity infrastructure, including transmission lines and substations, and have left its electricity supply unstable and unable to sustain production. Ferrexpo says no damage has been caused to its assets and it is still able to supply its European customers from its existing stock piles. It will continue to monitor the situation and resume production when possible. Read More
(Alliance News) - Avon Technologies PLC on Tuesday said it is confident the "best is yet to come", as it reported sharp increases in full-year profit and margin. Read More
(Alliance News) - 3i Infrastructure PLC on Tuesday reported net asset value growth, as its performance remained on track despite continuing macroeconomic volatility. Read More
(Alliance News) - Caledonia Investments PLC on Tuesday announced a higher net asset value and interim dividend alongside a special dividend, as it hailed Hill & Smith PLC and Texas Instruments Inc's share price performances. Read More
(Alliance News) - Stock prices in London were higher at midday on Tuesday as investors awaited key US inflation figures, while oil majors weighed on the FTSE 100 amid growing hopes of a diplomatic resolution to the conflict between Washington and Tehran. Read More
(Alliance News) - 4imprint Group PLC on Tuesday reaffirmed annual guidance, as it reported a "resilient operational and financial performance" in the 10 months to the end of October. Read More
Jet2 PLC - Leeds, England-based holiday airline and tour operator - Jet2 says the transfer of its share listing to the London Main Market from AIM will take place on December 8. At the time of announcing the change in trading venue back in September, Jet2 said only that it would take place before the end of its current financial year in March. The Main Market listing will make Jet2 eligible for inclusion in FTSE UK indices, and Jet2 on Tuesday says it expects to be included in the mid-cap FTSE 250 index. The next quarterly index review is on December 2, just before Jet2's transfer, followed by a review in March. Jet2 claims to be the UK's leading provider of package holidays and its third largest airline. It has a GBP2.83 billion market capitalisation. Peer easyJet PLC will be leaving the FTSE 100 index when its takeover by funds managed by Apollo Global Management Inc in the first quarter of next year. Read More