News

TRADING UPDATES: BP Marsh's new buyback; Iofina lowers production view
BP Marsh & Partners PLC - London-based private equity firm, investing in early-stage financial services businesses - Announces up to GBP2 million share buyback to be run by Singer Capital Markets.
Integrated Diagnostics expects margin recovery after profits rise 95%
(Alliance News) - Integrated Diagnostics PLC on Thursday said profit nearly doubled during 2024, and that it expects to see "further recovery in margins" throughout 2025. Integrated is a Cairo, ...
SulNOx granted patent covering further eight African countries
(Alliance News) - SulNOx Group PLC on Thursday said it has secured a patent covering a further eight countries in Africa from the African Regional Intellectual Property Organization. The London-based ...
RC Fornax eyes higher UK defence spending as first half earnings rise
RC Fornax said its higher revenue in the first half of the year was generated from contracts with six customers. Four of the customers are in the top 10 suppliers to the Ministry of Defence and one is ...
LONDON MARKET CLOSE: FTSE 100 outshines Europe after ECB lowers rates
(Alliance News) - London's FTSE 100 ended little changed on Thursday, outperforming European peers, as investors weighed an as expected interest rate cut by the European Central Bank.
Franklin Global Trust falls short of benchmark in "disappointing" year
(Alliance News) - Franklin Global Trust PLC on Thursday reported a "disappointing" total return during its most recent financial year, falling significantly short of its benchmark, but looks to the ...
REA swings to profit on higher prices despite production decline
(Alliance News) - REA Holdings PLC on Thursday reported a swing to profit during 2024 as a result of reduced expenses and higher prices, though noted a decrease in production amid dry weather.
CleanTech Lithium partners with DuPont to test lithium processing tech
(Alliance News) - CleanTech Lithium PLC on Thursday said it has partnered with DuPont Water Solutions on the testing of lithium processing technology. CleanTech Lithium is a Jersey-based lithium ...
GSK receives approval from UK MHRA for Blenrep combination
The London-based pharmaceutical company said Blenrep, or belantamab mafodotin, was approved for the treatment of adult patients with multiple myeloma in combination with bortezomib plus dexamethasone, ...
LONDON MARKET MIDDAY: Stocks down as tariff concerns "bubble away"
The FTSE 100 index was down 62.02 points, 0.8%, at 8,213.58. The FTSE 250 was down 83.60 points, 0.4%, at 19,182.21, and the AIM All-Share was down 0.82 points, 0.1%, at 669.06.
Man Group assets rise to USD172.6 billion but slip in April
The London-based investment manager in public and private markets said AuM rose to USD172.6 billion at March 31 from USD168.6 billion at the end of December. The increase was driven by USD3.6 billion ...
Deliveroo backs annual outlook as first-quarter revenue improves
Overall, Deliveroo reported a 4.5% increase in monthly average users in the first quarter to 7.0 million from 6.7 million the prior year. Its shares were up 2.6% at 133.50 pence on Thursday morning in ...