(Alliance News) - UK Chancellor Rachel Reeves is seeking to calm the markets and provide reassurance of the nation's stability after her budget borrowing spree sparked jitters. Read More
(Alliance News) - Stocks in London are set to open a touch higher on Friday, clawing back a fraction of some post-UK budget weakness, and shaking off a slump in US tech shares overnight. Read More
(Alliance News) - Factories in Ireland were humming again last month, thanks to the strongest growth in new orders in over two years, survey results from S&P Global showed on Friday. 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
(Alliance News) - Fewer customers hit the shops in the UK in October, although the fall mainly reflected the timing of the school half-term, figures on Friday showed. Read More
Camellia PLC - Kent, England-based agricultural firm - Notes announcements by United Finance Ltd and United Insurance Company Ltd, its Bangladesh-listed associate companies operating in the finance and insurance sectors. Confirms that certain of its subsidiaries have agreed in principle to sell their entire holdings in United Finance and United Insurance Company by way of block trades on the Dhaka Stock Exchange, subject to receipt of required regulatory approvals in Bangladesh. Read More
Woodside Energy Group Ltd - Perth, Australia-based oil & gas company - Completes sale of a 15% non-operating participating interest in the Scarborough joint venture to JERA, a Japanese power generation company. Receives sale proceeds of USD1.4 billion for equity in the venture, comprised of the purchase price and reimbursed expenditure. Read More
(Alliance News) - Stock prices in London closed lower on Thursday, amid analyst speculation that the "sizeable fiscal loosening" announced by UK Chancellor Rachel Reeves in Wednesday's budget rules out two interest rate cuts this year. Read More
THG PLC - Manchester-based e-commerce retailer of consumer beauty and nutrition products - Non-Executive Chair Charles Allen and other directors buy 857,073 shares in total at GBP0.46 to GBP0.48, worth about GBP400,000, on Wednesday. THG earlier this month raised just over GBP95 million in a share issue at 49 pence to fund a plan to demerge its Ingenuity division. Of that GBP10 million was contributed by Founder & Chief Executive Officer Matthew Moulding. Read More
(Alliance News) - Nexteq PLC on Thursday said trading has been hurt by "cross industry de-stocking, resulting in reduced order intake levels". Read More
(Correcting day of share price movement to Thursday.) Read More
Alphawave IP Group PLC - London-based designer of high-speed connectivity solutions said new bookings - Says it has been selected for an artificial intelligence research grant from the UK government's Advanced Research & Innovation Agency, known as ARIA. The grant is aimed at addressing networking bottlenecks that limit AI expansion. ARIA's GBP50 million initiative includes Alphawave among 12 grantees and "aims to advance technologies that improve networking and interconnect capabilities to facilitate scalable AI solutions", says Alphawave. Read More