(Alliance News) - Intermediate Capital Group PLC on Wednesday said the investment landscape remains "very attractive" as it reported an increase in assets under management in its financial first quarter. Read More
(Alliance News) - Bloomsbury Publishing PLC on Wednesday said it expects annual results in line with consensus expectations, as it looked ahead to a "strong" slate of releases for the remainder of the year. Read More
(Alliance News) - AstraZeneca PLC on Wednesday announced that its antibody anselamimab did not achieve statistical significance in the overall patient population, thought it noted a "meaningful improvement" in all-cause mortality in a subgroup of patients. Read More
(Alliance News) - Stock prices in London opened flat on Wednesday, while the pound climbed slightly, after a hotter-than-expected UK inflation reading. Read More
(Alliance News) - Dowlais Group PLC suitor American Axle & Manufacturing Holdings Inc on Wednesday said its purchase of the London-based automotive engineering firm has moved closer to completion. Read More
(Alliance News) - Antofagasta PLC on Wednesday reported an increase in second quarter copper output and left its annual outlook unchanged, amid a productive period at its Los Pelambres and Centinela sites. Read More
(Alliance News) - Explosive-laden drones hit three oil fields in Iraq's northern autonomous Kurdistan region early Wednesday, Kurdish forces said, a day after a similar attack shut operations at a US-run field. Read More
(Alliance News) - Rio Tinto PLC on Wednesday said copper production in 2025 is expected to reach the higher end of guidance after seeing a second-quarter boost. Read More
First Property Group PLC - property fund manager and investor in UK and Central Europe - Chief Executive Officer Ben Habib buys 600,000 shares at 13.33 pence, worth GBP79,980, on Tuesday. Habib now has 24.8 million shares, a 16.8% stake. Read More
(Alliance News) - Miners Antofagasta and Rio Tinto reported improved second quarter output, publisher Bloomsbury expects annual results in line with the market view, while Craneware said it has topped consensus. Read More
(Alliance News) - UK consumer price inflation was more robust than expected last month, numbers on Wednesday showed, hitting the loftiest rate in a year-and-a-half. Read More
Nostrum Oil & Gas PLC - operates gas processing facilities and an export hub in north west Kazakhstan - Confirms the appointment of Viktor Gladun as chief executive officer from Tuesday. Gladun already was a company director and will remain on the board. The shift was first announced at the end of last month, when former CEO Arfan Khan left the company immediately. At the time, Nostrum had said it was in discussions with its "principal stakeholders" about "the future direction and leadership of the company" ahead of the due date in June next year for its debt notes. Gladun was CEO of JKX Oil & Gas PLC, a former London listing. Nostrum on Tuesday also adds Nikolay Ivin to the board as a non-executive director. Ivin is the managing partner of Ziff-Ivin Associates Ltd, which provides corporate finance advisory and management consulting. Stephen Whyte remains the Nostrum chair. Whyte says the leadership changes take place as Nostrum "begins realising value from projects already put in place, whilst taking into account in particular the scheduled maturity of the group's senior secured notes and senior unsecured notes due in June 2026". With its first quarter results in May, Nostrum said it had net debt of USD440.2 million as of March 31, up from USD404.2 million at the end of December. Read More
(Alliance News) - London's FTSE 100 is called to open flat on Wednesday, ahead of a UK consumer price inflation reading, and before the latest batch of US banking earnings roll in. Read More
(Alliance News) - Welcome to the Alliance News UK service (ISSN 2515-9453), consisting of the Alliance News UK Professional and its family of financial newswires serving investors and their professional advisers. Read More
Ilika PLC - Romsey, England-based solid-state battery technology company - Receives further grant support to manufacture the first Goliath A-Sample batteries for automotive applications. Grant is provided from the newly launched Demonstrate fund, facilitated by the Advanced Propulsion Centre UK, in a 12-month, GBP3 million collaboration programme, of which Ilika will receive around GBP1.3 million in grant funding. The programme, which will commence on August 1, will see Ilika partner with HSSMI, a UK based manufacturing consultancy and utilise the electrode production lines at the UK Battery Industrialisation Centre. "The next 12 months promise to be fast-paced and transformational for Goliath and Ilika," says Ilika Chief Executive Graeme Purdy. Read More