(Alliance News) - The settlement of a lawsuit involving BHP Group Ltd in Brazil is a first step in an ongoing battle to seek justice for victims of the Fundao dam disaster in 2015, the law firm representing 600,000 claimants in England. Read More
(Alliance News) - London's FTSE 100 fell on Friday as fears that a car finance probe may cost more than thought threw a spanner in the works at Lloyds Banking Group, Barclays and Close Brothers. Read More
(Alliance News) - Equipmake Holdings PLC on Friday said its annual loss has widened despite turnover soaring nearly 60% higher, as expenses nearly triple in its most recent financial year. Read More
(Alliance News) - BHP Group Ltd announced on Friday it has reached an agreement with Brazilian authorities to settle a lawsuit related to the Fundao dam disaster in 2015, committing to pay BRL170 billion, or USD31.7 billion. Read More
Hidong Estate PLC - George Town, Malaysia-headquartered investment company - Pretax profit for the six months that ended September 30 is MYR95,855, or GBP16,993, more than tripling from MYR31,739, or GBP5,627, the year before. This is primarily driven by administrative expenses falling 54% to MYR43,586, or GBP7,727, from MYR95,964, or GBP17,013. Net income during the six-month period grew 9.2% to MYR139,441, or GBP24,720, from MYR127,703, or GBP22,639. The company swings to a fair value gain on investments of MYR74,745, or GBP13,258, from a loss of MYR1,129, or GBP200, the year before. Hidong Estate did not declare an interim dividend, unchanged from last year. Read More
(Correcting where Lakeside Group is based.) Read More
(Alliance News) - Celebrus Technologies PLC on Friday said it expects to report a fivefold increase in profit for the first half of its financial year, amid an increase in annual recurring revenue. Read More
Europa Metals Ltd - Europe-focused lead-zinc and silver developer - Says its shareholders have approved the proposed sale of its 100% interest in the Toral lead, zinc and silver project to Denarius Metals Corp. Europa last month signed a binding letter of intent with Denarius, which would acquire 100% of Europa Metals Iberia SL for CAD3.5 million in equity. In November 2022, Europa entered into a definitive option agreement that gave Denarius two options to buy up to an 80% interest in Europa Metals Iberia, a wholly-owned Spanish subsidiary of Europa that holds the Toral project in the Leon Province, Northern Spain. Read More
(Alliance News) - PensionBee Group PLC on Wednesday said revenue in the third quarter of calendar 2024 soared 50% higher, as assets under management also surged 40% higher amid positive net flows from customers. Read More
Kooth PLC - London-based provider of digital mental health care - Notes a 13% fall in its share price on Thursday following the release of an article by San Francisco-based health policy news provider KFF. Kooth says the article contains "outdated information" on its California service that "underestimated the uptake and impact of Soluna in California". Soluna is Kooth's mental health support app designed for users aged 13-25. Shares closed at 192.00 pence each in London on Thursday, down from 220.00p each at the market open. Read More
Elixirr International PLC - London-based business consultancy - A group of selling shareholders, including company directors, bank a total of GBP25.0 million from a placing of 3.8 million shares at 650 pence. The placing, first announced after the London market close on Thursday, is conducted as an accelerated bookbuild by Cavendish Capital Markets Ltd as sole bookrunner. Elixirr says the share sales is to "satisfy strong institutional demand". The sellers include Non-Executive Chair Gavin Patterson, Chief Executive Officer Stephen Newton and Chief Financial Officer Graham Busby. Patterson is the former CEO of BT Group PLC. Read More
(Alliance News) - boohoo Group PLC on Friday hit back at significant shareholder Frasers Group PLC, defending its debt refinancing and explaining the online retailer's "commercial position" is a factor to consider when naming a chief executive. Read More