(Alliance News) - Stocks in London are set to open lower on Monday, as hopes of a peace deal in the Middle East faded after the US fired on an Iranian vessel. Read More
(Alliance News) - UK is to "flirt" with recession and unemployment will be sent soaring amid the fallout of the Iran war, according to economic forecasters. Read More
(Alliance News) - Average house prices across Great Britain rose in April, although the increase was less than the long-term average, property website Rightmove reported Monday. Read More
(Alliance News) - US-based casino operator Bally's Corp is in talks to buy Evoke PLC, the Sunday Times reported. Read More
(Alliance News) - British government ministers on Sunday backed embattled premier Keir Starmer as he struggles to shake off a scandal over long-time Jeffrey Epstein associate Peter Mandelson. Read More
(Alliance News) - US private equity firm TA Associates Management LP is in advanced talks for a GBP600 million takeover of Advanced Medical Solutions Group PLC, Sky News reported on Saturday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Fevara PLC - Carisle, UK-based animal feed manufacturer - Enters exclusive five-year distribution agreement with Oceana Minerais Marinhos Ltda to distribute Oceana's LithoNutri in the Great Britain & Ireland region. Brazil-based Oceana has a portfolio of Lithothamnium seaweed-based products for animals, fertilisers and water treatment. LithoNutri is its animal nutrition product, which offers "a natural alternative to traditional buffering agents, addressing growing demand for sustainable livestock production." Fevara says LithoNutri complements its existing product portfolio. "The new partnership introduces a highly effective and internationally respected ruminal health and digestive performance enhancer to Fevara's portfolio, enabling the group to deliver more integrated nutrition solutions to larger customers, whilst providing Oceana Minerals with access to the GB&I market," Fevara says. Adds that the deal aligns with its growth strategy to drive value by leveraging existing distribution channels, while strengthening its product offering and driving market share growth, and represents the companies' shared commitment to long-term market development. Read More
Digital 9 Infrastructure PLC - investor in internet infrastructure, such as data centres and subsea fibre - Reports the compulsory redemption, on Wednesday, of 323.4 million ordinary shares on a pro rata basis at 9.28 pence each. Says the redeemed shares represented approximately 37.38% of its shares in issue as of Wednesday. Says all redeemed shares have been cancelled. Expects the latest payment of redemption monies due to shareholders to be on April 30. Its total number of issued ordinary shares will be 541.8 million following the redemption. Read More
(Alliance News) - The FTSE 100 ended the week on a high on Friday, as Iran declared the Strait of Hormuz completely open, sending oil prices sharply lower. Read More
Quantum Helium Ltd - Sydney-based miner targeting helium, hydrogen and hydrocarbons in the US and Australia - Raises GBP5 million through a conditional placing of 16.67 billion new ordinary shares at 0.03 pence each. Says it undertook the placing with multiple institutional investors who approached it, "reflecting growing interest in Quantum's asset base and the strategic importance of domestic US helium supply." Says it intends to use the proceeds to advance development, planning and engineering works at its Sagebrush project; to progress permitting, planning and work towards drill-ready targets at its Coyote Wash project; to dund well planning, long-lead items and infrastructure design at both projects; to support ongoing technical work, including seismic interpretation and subsurface modelling; and for additional working capital and financial flexibility. Says it is using existing cash resources to fund "the key near-term operational milestone" of its extended production test at the Sagebrush-1 well. Adds that it "expects a number of significant operational updates in the coming weeks," with the next phase focused on perforating and testing the first of two zones in the Leadville Formation. Says perforations are scheduled to start this coming week. Read More
(Alliance News) Quantum Base Holdings PLC on Friday said its annual revenue has "significantly" increased, but its Ebitda loss has widened more than expected, citing contract-related delays. Read More
(Alliance News) - Helios Investment Partners LLP on Friday said its consortium will not support the proposed 110 pence per share StoneX is offering for CAB Payments Holdings PLC. Read More
(Alliance News) - The UK and France will lead a peaceful mission to protect freedom of navigation in the Strait of Hormuz, UK Prime Minister Keir Starmer said on Friday. Read More