(Alliance News) - BP PLC plans to cut 700 "non-frontline" jobs to create a flatter, simpler organisational structure and save costs, the Financial Times reported on Thursday. Read More
(Alliance News) - HSBC Holdings PLC on Friday announced it will sell the Australian home and personal loans portfolio of HSBC Bank Australia to Virgo BidCo Pty Ltd, an entity owned by funds managed by affiliates of Blackstone Inc. Read More
(Alliance News) - Monadelphous Group Ltd on Friday announced its non‑process infrastructure unit Kerman Contracting has secured a design and construction contract with London‑based miner Rio Tinto PLC for works at the Brockman Syncline 1 project in Western Australia. Read More
Zentra Group PLC - Manchester-based residential developer, development manager and property manager - Great Ducie Street Ltd enters into a letter of intent with AC1 Construction Ltd in connection with the completion of the remaining works at One Victoria. Says the LOI enables AC1 to take possession of the development site, undertake principal contractor duties and commence initial works while the parties finalise terms of a replacement contract. The developer is working to finalise the remaining scope of works, cost plan and construction programme, AC1 adds. It continues to expect practical completion during the fourth quarter of 2026. Read More
GSK PLC - London-based pharmaceuticals maker - Global Supply Chain President Regis Simard sells 38,000 shares at GBP20.38 each, for GBP774,440, on Wednesday in London. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - IG Group Holdings PLC on Thursday evening reported increased revenue and earnings for its first half-year, and announced its agreement to acquire US sports prediction market operator Underdog Sports Holdings Inc. Read More
(Alliance News) - Jardine Matheson Holdings Ltd on Thursday said it will raise its dividend following a strong first half. Read More
(Alliance News) - Hammerson PLC said on Thursday it had raised GBP189 million through an equity issue to partly fund a major property acquisition in Manchester, England. Read More
(Alliance News) - The FTSE 100 posted a new record high on Thursday, but ended lower as investors weighed a barrage of earnings and interest rate holds on either side of the Atlantic. Read More
(Alliance News) - Anglo American PLC will occupy the top executive posts at Anglo Teck PLC upon completion of Anglo's merger with Teck Resources Ltd. Read More
Gemfields Group Ltd - London-based miner and marketer of coloured gemstones - Says auction revenue rises 72% to USD102.9 million for the six months that ended June 30, from USD60 million a year earlier. Notes that its Montepuez Ruby Mining Ltda in Mozambique continues to experience weak premium-grade ruby recovery. But Zambian-based Kagem Mining Ltd maintains "healthy" premium emerald production, while higher fuel prices, exchange rate pressures and increased mining activity impacted operating costs. Read More
(Alliance News) - Bank of England Governor Andrew Bailey said the domestic "disinflation process is in place", with eyes now on whether the energy price shock leads to second round effects. Read More