News

Tullow Oil sells Kenya interests for USD120 million to Gulf Energy
(Alliance News) - Tullow Oil PLC on Tuesday said it has sold all its interests in Kenya to local firm Gulf Energy Ltd for USD120 million plus potential royalties. The sale of the assets in East Africa ...
MHA shares gain 2.5% on AIM debut after raising GBP98 million in IPO
The share placing raised GBP95.8 million from institutional and other investors, while a retail share offer contributed GBP2.2 million. The net proceeds from the IPO will be used to invest in ...
AIM WINNERS & LOSERS: Scancell in partnership with NHS 'Launch Pad'
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday.
Ashmore assets under management down 5% in quarter; warns on US risks
Ashmore shares were down 3.6% at 128.90 pence in London on Monday morning. The London-based investment manager said assets under management fell 5.3% to USD46.2 billion as at March 31 from USD48.8 ...
AIM WINNERS & LOSERS: Metals One gets GBP3 million in equity fundraise
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday.
Niox shares fall as Keensight Capital backs away from takeover deal
(Alliance News) - Niox Group PLC on Friday said it has discontinued its private sale process as prospective suitor Keensight Capital SAS backed away from a potential deal. Niox is an Oxford, ...
Bakkavor gives Greencore more time to make firm takeover offer
(Alliance News) - Bakkavor PLC on Friday said it has granted suitor Greencore PLC an extension to the deadline for it to make a firm takeover offer, as the convenience food making peers discuss a ...
Tesco sees lower profit ahead as responds to price competition threat
In response, shares in Tesco fell 5.5% to 313.27 pence each in London on Thursday morning, while industry peer J Sainsbury was 4.2% lower at 225.80p each. By contrast, the wider FTSE 100 index was 4.1 ...
IDS says Royal Mail concerned over proposed Ofcom changes
London-based IDS, which owns Royal Mail, highlighted Ofcom's consultation published in January titled "Review of the universal postal service and other postal regulation", which noted a need to ...
Belluscura shares dive as withdraws market guidance amid US tariffs
(Alliance News) - Belluscura PLC on Tuesday withdrew its previous financial guidance for 2025, citing to the US imposition of tariffs on imports.
LONDON BRIEFING: Stocks called back up, JTC reports swing to loss
Stocks looked set to recover somewhat from Monday's falls on Tuesday, as speculation and news around US President Donald Trump's tariffs has been fuelling market volatility. Noting that "intraday ...
Cobra Resources sees pricing upside from China REE export controls
(Alliance News) - Cobra Resources PLC on Monday said it expects China's new export controls on rare earth elements to tighten global supply, but not to halt exports entirely, creating a potential ...