LONDON MARKET OPEN: Shares down as UK PM Starmer turmoil hits gilts
(Alliance News) - Stock prices in London opened lower on Tuesday, with political turmoil in the UK and renewed tensions in the Middle East weighing on sentiment. Read More
(Alliance News) - Stock prices in London opened lower on Tuesday, with political turmoil in the UK and renewed tensions in the Middle East weighing on sentiment. Read More
(Alliance News) - UK long-term borrowing costs have surged to a fresh 28-year high and the pound weakened as Prime Minister Keir Starmer's leadership comes under increasing pressure. Read More
(Alliance News) - Intertek Group PLC on Tuesday said it is "reviewing" the latest takeover proposal from suitor EQT Fund Management Sarl. Read More
(Alliance News) - Imperial Brands PLC on Tuesday maintained its annual outlook, but the Middle East conflict has prompted a "more uncertain macroeconomic environment". Read More
(Alliance News) - Intertek Group PLC suitor EQT Fund Management Sarl upped the ante again on Tuesday, making a takeover proposal which it said is the "final possible offer" for the assurance, inspection, product testing and certification firm. Read More
(Alliance News) - Vodafone Group PLC on Tuesday reported higher full-year earnings and sales, reflecting strong service revenue increases with Germany swinging to growth in the fourth quarter. Read More
(Alliance News) - One of the UK prime minister's closest aides declined to say whether Keir Starmer would lead his party into the next election amid mounting calls for him to resign. Read More
(Alliance News) - Bytes Technology Group PLC on Tuesday reported lower annual profit as it adapted to structural change in the IT market, but its shares rallied. Read More
(Alliance News) - Vodafone Group swings to an annual profit as impairment charges disappear, while LondonMetric Property agrees a non-binding takeover proposal for Picton Property Income alongside Schroder Real Estate Investment Trust. Read More
(Alliance News) - Stocks in London are set to open lower on Tuesday, as investors weigh uncertainty over the fragile Iran ceasefire and growing pressure on Keir Starmer's leadership as UK prime minister. Read More
(Alliance News) - UK Prime Minister Keir Starmer faces the biggest leadership crisis of his premiership as cabinet ministers including the home secretary reportedly urged him to consider his position and government aides quit their posts. Read More
(Alliance News) - Ireland's construction activity contracted in April as the sector faced increased lead times and higher input costs brought about by the war in the Middle East, S&P Global reported Tuesday. Read More
4basebio PLC - Cambridge, England-based life sciences company - Launches high-capacity single stranded-DNA for therapeutics. The company says the platform, ssDNA, will "accelerate the development of safer, more precise genetic therapies by targeting gene editing, advanced cell engineering and innovative nucleic acid-based medicines." 4basebio will showcase its proprietary advancements at the American Society for Gene & Cell Therapy Annual Meeting in Boston on May 14, 2026. Read More
Galantas Gold Corp - mining and exploration company, focused on producing gold and copper from its assets in Northern Ireland and Chile - Plans to raise up to USD85 million via a brokered private placement at a price of USD0.55 per unit. Canaccord Genuity Corp will act as sole bookrunner and lead agent. Each unit will comprise one common share of Galantas and one-half of one Galantas share purchase warrant. Each whole warrant will entitle the holder to buy one Galantas Share for USD0.80 for a period of 24 months from the closing date of the financing. Canaccord Genuity has the option to sell shares worth up to USD15 million. Proceeds will be used to fund exploration and development work on the Indiana Gold and Copper Project and the Andacollo Gold Project in Chile, and for general corporate and working capital purposes. Closing of the offer is expected on May 28. Read More
Raspberry Pi Holdings PLC - Cambridge, England-based manufacturer of low-cost computers - Chief Financial Officer Richard Boult sells 150,000 shares at GBP7.02, worth GBP1.1 million, on Friday in London. Read More