Jubilee Metals to get payment after copper project legal due diligence
(Alliance News) - Jubilee Metals Group PLC said on Thursday legal due diligence on the proposed disposal of the large waste project has now been completed. Read More
(Alliance News) - Jubilee Metals Group PLC said on Thursday legal due diligence on the proposed disposal of the large waste project has now been completed. Read More
(Alliance News) - Tesco has upped the floor of its profit guide and lifted its buyback after first-half growth, Imperial Brands announces a new repurchase programme, while Vodafone sets out "bolder" targets for the VodafoneThree unit. Read More
(Alliance News) - Faron Pharmaceuticals Oy last Wednesday said it had agreed to defer a bond repayment, providing the company with "additional flexibility" as it focuses on developing key asset bexmarilimab. Read More
Powerhouse Energy Group PLC - UK-based waste-to-energy technology developer - Signs letter of intent with the University of the West Indies Five Islands Campus and CSE Partnership to collaborate on the proposed establishment of a waste-to-energy testing centre in Antigua and Barbuda. The proposed initiative will combine UWI's academic research, Powerhouse's technology and CSE's regional partnerships to investigate waste, environmental and energy challenges facing Antigua and Barbuda and the wider Caribbean. A particular focus would be sargassum seaweed. The long-term aim is to develop Antigua and Barbuda into a place where Caribbean waste streams can be researched, tested and evaluated. The scheme is intended to be supported by external funding. The parties hope the research could "contribute to discussions around sustainable waste management, circular-economy development, energy resilience and climate adaptation in island communities internationally", Powerhouse Energy says. Next steps involve developing a proposed research framework, identifying research objectives, considering technical requirements and engaging with relevant stakeholders. Powerhouse Chair David Hitchcock said: "Subject to securing the necessary funding and agreeing definitive arrangements, our ambition is to help develop a platform that could have relevance not only for Antigua and Barbuda, but potentially for communities throughout the Caribbean and other island states facing similar challenges." Read More
(Alliance News) - Stocks in London are set to open flat on Thursday, after a hawkish set of Federal Reserve meeting minutes and a lofty oil price, which hit equity market appetite in New York and Asia. Read More
(Alliance News) - Britain will report Iran to the UN Security Council over its nuclear programme and expand sanctions on Tehran and its proxies, the UK Foreign secretary has announced. Read More
(Alliance News) - France's finance minister said the UK would be welcome to return to the EU after Andy Burnham left open the possibility of a manifesto pledge to rejoin the bloc. Read More
(Alliance News) - UK Prime Minister Andy Burnham will travel to Berlin on Thursday for his first face-to-face meeting with German Chancellor Friedrich Merz. 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) - Aberdeen Group PLC on Wednesday said it plans to halve its stake in London-based retirement savings provider Standard Life PLC through a share sale to institutional investors. Read More
(Alliance News) - High street pharmacy chain Boots is to be bought by the Canadian branch of the billionaire Weston family for USD8.9 billion, around GBP6.7 billion. Read More
(Alliance News) - Baillie Gifford US Growth Trust PLC is asking UK ministers to urgently reform City rules as it attempts to fend off activist investor Saba Capital Management LP, Sky News reported on Wednesday evening. 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
Canal+ SA - Paris-based media and entertainment group - Havas Sas acquires 1.0 million shares at an average GBP 210.34 pence each, worth GBP2.1 million, on Friday last week. Sas is closely associated with Canal+ Chair Yannick Bollore. Read More
SThree PLC - London-based science, technology, engineering and mathematics-focused staffing company - Says Circle8 has made a revised proposal regarding an improved all-cash offer. SThree previously, in September, "unanimously and unequivocally rejected" a takeover proposal from its Englewood Cliffs, New Jersey-based fellow staffing firm. Consequently, Circle8 has been granted a 14-day extension of the put-up-or-shut-up deadline. The original deadline was 1700 BST on Wednesday; Circle8 now has until the same time on October 21 to either announce a firm intention to make an offer for SThree, or to announce that it does not intend to make an offer. Read More