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Lastest Finance News

United Oil & Gas shares jump as it steps away from Egypt

31st Oct 2024 14:26

(Alliance News) - United Oil & Gas PLC on Thursday revealed it has almost completed its withdrawal from Egypt as it looks to focus on advancing its core projects. Read More

Good Life Plus loss widens despite revenue growth as expenses surge

31st Oct 2024 14:23

(Alliance News) - Good Life Plus PLC on Thursday said its loss widened in the first half of its financial year despite an increase in revenue, as expenses soared more than 13 times higher. Read More

Oncimmune Holdings shares tick up as notes new contracts

31st Oct 2024 14:09

(Alliance News) - Oncimmune Holdings PLC on Thursday highlighted its ability to secure repeat business from "top 10 pharma companies". Read More

IN BRIEF: Kore Potash finally clinches agreement with PowerChina

31st Oct 2024 13:59

Kore Potash PLC - London-based owner of the Kola and DX potash projects in Republic of Congo - Reaches agreement with PowerChina International Group Ltd, finalising the engineering, procurement and construction contract. The agreement was signed on Monday. Says Kore and PowerChina are working towards convening a date, set for November 19, for the signing ceremony with the minister of mines and other high officials in Congo. Read More

Georgina Energy interim loss widens after expenses quadruple

31st Oct 2024 13:46

(Alliance News) - Georgina Energy PLC on Thursday said its loss widened in the first half of its financial year, as the company's expenses multiplied fourfold. Read More

IMI acquires asset monitoring solutions business TWTG

31st Oct 2024 13:41

(Alliance News) - IMI PLC on Thursday said it has completed the acquisition of Rotterdam, Netherlands-based TWTG Group as it looks to expand its asset monitoring offering. Read More

IN BRIEF: Jonathan Morley-Kirk joins Jubilee Metals as board member

31st Oct 2024 13:12

Jubilee Metals Group PLC - London-based metal processing company, with projects in South Africa and Zambia - Adds Jonathan Morley-Kirk to its board. Morley-Kirk will serve as the interim finance director, effective immediately, until a new chief financial officer is appointed. At that time, Morley-Kirk will transition to a non-executive role. He will be largely based at the South African and Zambian offices. He is a non-executive director of Clean Tech Lithium PLC, Bluebird Mining Ventures Ltd and Amala Foods PLC, as well as at a number of investment companies and investment funds. Read More

IN BRIEF: Pan African Resources commissions Mogale tailings plant

31st Oct 2024 13:04

Pan African Resources PLC - Rosebank-headquartered gold producer - Commissions Mogale Gold Pty Ltd's tailings storage facilities. Pan African acquired Mogale Gold and Mintails' SA Soweto Cluster Pty Ltd from Mintails Mining SA Pty Ltd for ZAR50.0 million in October 2022. Says Mogale tailings retreatment operation was commissioned in early this month, with an inaugural gold pour at the plant's smelting facility. Ramp-up is in progress, with steady-state production and plant throughput of 800,000 kilogrammes per month expected by December 2024. Read More

Europa Metals reduces annual loss, focuses on Viridian, Denarius deals

31st Oct 2024 12:49

(Alliance News) - Europa Metals Ltd reported on Thursday its annual loss shrank as the company focused on its proposed acquisition of Viridian Metals Ireland Ltd and the proposed sale of the Toral lead, zinc and silver project to Denarius Metals Corp. Read More

Winking Studios plans IPO on London's junior market

31st Oct 2024 12:20

(Alliance News) - Winking Studios Ltd on Thursday revealed its intention to list on London's AIM market in a bid to expand the firms global presence. Read More

UK spending plans mean GBP9 billion of cuts after 2025 — economists

31st Oct 2024 12:18

(Alliance News) - The UK government will need to raise up to another GBP9 billion after next year to avoid cutting spending on unprotected departments, economists have warned. Read More

Synthomer shares rise as third quarter as expected

31st Oct 2024 12:09

(Alliance News) - Synthomer PLC on Thursday said its third quarter was in line with expectations, noting that continuing group volumes continued to improve from historically low levels. Read More

Hutchmed China receives first milestone payment for Takeda drug sales

31st Oct 2024 12:02

(Alliance News) - Hutchmed (China) Ltd on Thursday said it will receive a USD20 million payment from its partner Takeda Pharmaceutical Co Ltd which achieved a net sales milestone. Read More

LONDON MARKET MIDDAY: FTSE 100 in post-budget slump before US data

31st Oct 2024 12:02

(Alliance News) - European equities were weaker on Thursday, with the mood uncertain following the UK budget, underwhelming earnings from both sides of the Atlantic and ahead of a US inflation reading in the afternoon. Read More

IN BRIEF: UK government stake in NatWest reduced below 15%

31st Oct 2024 11:58

NatWest Group PLC - Edinburgh, Scotland-based bank - The UK government reduces its stake in NatWest to 14.8% on Wednesday from just under 16%, NatWest says in a stock-market filing on Thursday. The lower stake follows the UK Treasury's sale of 98.8 million NatWest shares, worth about GBP365 million, since its last notification on October 9. The share sales are part of the trading plan that has been in place for the past three years. The UK government had owned 84% of NatWest following a taxpayer bailout of what was then Royal Bank of Scotland Group during the financial crisis of 2008 and 2009. As recently as 2018, the government held a 62% stake in NatWest, but it has been selling this down progressively since. Read More

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