(Alliance News) - British armed forces provided support to the US's seizure of a Russian-flagged oil tanker on Wednesday, the Ministry of Defence has revealed. Read More
(Alliance News) - Ireland is monitoring the situation in relation to a Venezuela-linked oil tanker in the vicinity of Irish waters, the Foreign Affairs minister said. Read More
IP Group PLC - London-based intellectual property commercialisation firm - Notes that portfolio company Pulmocide announced the termination of the Opera-T phase 3 study for opelconazole in refractory invasive pulmonary aspergillosis, a severe fungal infection of the lungs. Opelconazole is an experimental antifungal drug. IP has a 12.0% holding in Pulmocide valued at GBP28.1 million. Pulmocide, a biopharmaceutical firm, will conduct a thorough review of the unblinded data from the trial to determine potential next steps for the programme. IP adds that it expects to "significantly" reduce the carrying value of the asset and conduct further work as part of the year end process to fully gauge the appropriate level of its adjustment. IP says it "benefits from a strong pipeline of new and maturing companies, as well as a number of valuable licences, and remains confident of delivering meaningful returns for shareholders over the medium term." Read More
(Alliance News) - The US has seized a Venezuela-linked oil tanker which is travelling off British waters, an official has said. Read More
Greatland Resources Ltd - Western Australia-focused gold and copper miner - Issues preliminary production update for the quarter ended in December. Reports production of 86,273 ounces of gold and 3,528 tonnes of copper, up from 80,890 ounces of gold and 3,366 tonnes of copper in the prior September quarter. The all-in sustaining cost remains to be finalised. Sales totalled 72,212 ounces of gold and 3,301 tonnes of copper. Cash balance is USD948 million as of December 31, up from USD750 million at September 30. Greatland says it maintains full upside exposure to the gold price, with some downside price protection provided from gold put options. Read More
(Alliance News) - Engage XR Holdings PLC on Wednesday said 2025 was a challenging year across multiple fronts amid continued headwinds, as it anticipates posting lower revenue. Read More
(Alliance News) - It would be a "strategic mistake" to choose between the US and Europe, Keir Starmer has said following Donald Trump's threats to annex Greenland. Read More
Grainger PLC - Newcastle-upon-Tyne, England-based residential landlord - Michael James Wallace Ashley, founder & former chief executive of Frasers Group PLC, has a 3.13% stake in Grainger as of Monday, up from none reported. Read More
(Alliance News) - Journalists at STV Group PLC have walked out as part of a dispute over changes to news programmes in the north of Scotland. Read More
(Alliance News) - Stock prices in London were mixed at midday on Wednesday, as the FTSE 100 snapped from its new year rally as a drop in the oil price weighed on BP and Shell. Read More
(Alliance News) - Edinburgh Worldwide Investment Trust PLC on Wednesday called for shareholders to vote against Saba Capital Management LP's attempts to replace multiple directors, ahead of its requisitioned general meeting on January 20. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More