(Alliance News) - UK grocery price inflation in recent weeks decelerated notably, as Lidl once again overtook Morrisons in market share, numbers on Tuesday showed. Read More
(Alliance News) - Kainos says a strong start to the year continues, Frasers says it has strengthened its holding in Hugo Boss but is shy of a majority while Made Tech reports its largest ever deal win. Read More
(Alliance News) - The UK unemployment rate was steady at the end of the second quarter, underperforming expectations of a decrease, but a measure of pay growth was hotter than forecast. Read More
Ajax Resources PLC - natural resources sector investor focused on South America - Moves ahead with the acquisition of a copper project in Chile, while cancelling its option to buy a company prospecting in Italy. Both potential acquisitions were announced earlier this year. In January, Ajax had said it signed an exclusivity agreement to buy a 74.8% interest in the Paguanta project in Chile from Sydney-listed Asara Resources Ltd. On Monday, Ajax says it now has signed a share purchase agreement for Paguanta. Ajax will pay Asara USD50,000 in cash, plus USD350,000 in Ajax shares issued at 25 pence each, well above its current market price of 5.75p. Deferred consideration is two milestone payments of USD500,000 upon reserve statements for zinc and copper. Paguanta is a silver-zinc-lead project in the Tarapaca region of northern Chile, which Ajax says has significant unexplored copper potential. Read More
(Alliance News) - Stocks in London are set to open flat on Tuesday, but European peers lower, as Brent surges past the USD90 a barrel mark again as Middle East tensions remain elevated. Read More
(Alliance News) - The following companies are due to release earnings reports or trading statements at 0700 BST: Read More
(Alliance News) - Chugai Pharmaceutical Co Ltd on Tuesday announced it has signed an exclusive global license agreement with London-based pharmaceuticals maker GSK PLC. Read More
(Alliance News) - The FTSE Russell on Monday said that North American Income Trust PLC will join the FTSE 250 on August 20, with JTC PLC set to leave the index following its acquisition. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Costain Group PLC- London-based infrastructure solutions company - Contracted by Thames Water to complete around GBP150 million of upgrades to wastewater treatment assets across 15 sites as part of Thames Water's wastewater asset assurance programme. The works are part of Thames Water's upgrade of sewers and sewage treatment at more than 250 sites across the Thames Valley region. Costain's upgrade works will include modernising operations at inlet stations, improving the resilience of storm tanks and other repairs, modifications and upgrades to wastewater systems, and are expected to be completed from 2025 to 2030. Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Morrisons shed almost 5,000 jobs last year as part of efforts by the private equity-backed grocer to shore up its finances. Read More
(Alliance News) - CT Healthcare Trust PLC on Monday reported a decline in interim net asset value, although it outperformed its benchmark over the period. Read More
(Alliance News) - Angela Rayner has insisted that the UK government is still on track to meet its target to build 1.5 million homes in England within five years amid efforts to speed up building. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More