LONDON BRIEFING: PPHE Hotel Group swings to half-year profit
(Alliance News) - on Thursday, as markets await the imminent start of the Jackson Hole summit and Federal Reserve Chair Kevin Warsh's Friday speech. Read More
(Alliance News) - on Thursday, as markets await the imminent start of the Jackson Hole summit and Federal Reserve Chair Kevin Warsh's Friday speech. Read More
(Alliance News) - HSBC Holdings PLC is considering a restructuring of its Singapore units to simplify operations, Bloomberg reported on Thursday. Read More
(Alliance News) - Home buyer activity in the UK has begun to pick up again following a summer lull, despite higher mortgage rates continuing to squeeze affordability, new analysis shows Thursday. Read More
(Alliance News) - Andy Burnham will head to South Wales on Thursday as he continues his summer tour of the UK. Read More
(Alliance News) - UK Prime Minister Andy Burnham will welcome French president Emmanuel Macron to Downing Street next week. Read More
(Alliance News) - Stocks in London are set to open lower on Thursday, with eyes now turning to Jackson Hole and Federal Reserve Chair Kevin Warsh, after a robust batch of US inflation data on Wednesday. Read More
(Alliance News) - An "unknown projectile" struck a tanker in the Strait of Hormuz this week, causing a fire that has since been put out, a British maritime agency said early on Thursday. Read More
(Alliance News) - Greatland Resources Ltd on Thursday delivered significantly higher profit and revenue in financial year 2026, supported by a full year of output from its Telfer assets. Read More
(Alliance News) - South32 Ltd on Thursday said its profit for financial year 2026 multiplied on the back of higher commodity prices. Read More
Irish Continental Group PLC - Dublin-based ferry operator - Says a "clear majority" of its shareholders support the takeover bid by Bluefin Bidco Ltd but the 75% threshold needed for the scheme to come into effect has not yet been reached. Irish Continental shareholders are currently considering a proposal for the acquisition of the group by Bluefin for EUR1.2 billion in total, or EUR8.00 per share, representing a 28% premium to its EUR6.24 closing share price on July 24, the day Bluefin made its offer. Company adds that it "is considering the options available to it, including an adjournment of the scheme meetings and EGM scheduled for this Friday... for the purposes of giving shareholders additional time to consider the Acquisition and cast their votes." 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) - Jubilee Metals Group PLC reported on Wednesday it has agreed to sell its large waste project for USD35.0 million after choosing a preferred bidder. Read More
Alternative Income REIT PLC - real estate investment trust focused on specialised alternative property sectors - Says shareholders should not accept the takeover offer from 25.4%-shareholder Glenstone REIT PLC. Earlier on Wednesday, Glenstone asked shareholders to back its 71.4 pence per share offer, comprising 70.0 pence in cash plus Alternative Income REIT shareholders' entitlement to retain the 1.4 pence fourth-quarter dividend. This follows rival suitor AEW UK REIT PLC's announcement that it would not be making an offer. 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) - Camellia PLC on Wednesday flagged a profit warning from its subsidiary Kakuzi PLC, which cited disruptions to global shipping routes for a first-half profit downturn. Read More