News

NatWest returns to private ownership for first time since 2008 rescue
(Alliance News) - The UK government has sold its remaining shares in NatWest Group PLC and confirmed a GBP10.5 billion loss since the bank was rescued by UK taxpayers during the 2008 financial crisis.
EARNINGS: Surgical Innovations loss widens; Arrow revenue up
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: ...
Invinity remains confident in future growth despite revenue dive
The Saint Helier, Channel Islands-based firm makes vanadium batteries VS3 and Endurium, which are used to store renewable energy. Invinity posted annual revenue of GBP5 million, down 77% from GBP22 ...
LONDON MARKET CLOSE: FTSE 100 rises despite tariff worries; M&G shines
The FTSE 100 index closed up 55.93 points, 0.6%, at 8,772.38. The FTSE 250 ended up 30.43 points, 0.1%, at 21,028.01, and the AIM All-Share closed up 1.84 points, 0.3%, at 746.68.
JPMorgan Asia Growth outperforms benchmark but interim return negative
NAV total return was minus 1.1% in the six months to March 31, beating its benchmark, the MSCI AC Asia excluding Japan, which had a return of minus 2.2%.
M&G shares up as Dai-ichi Life aims to buy 15% stake amid partnership
Dai-ichi also intends to acquire around a 15% stake in M&G, which upon completion would give Dai-ichi the right to appoint a director to the board of M&G. "It is expected that M&G will be an affiliate ...
PetroTal renews buyback programme to repurchase up to 5% of stock
Under the expiring programme that ran from May 2024 to May 2025, PetroTal was authorised to repurchase 14.6 million shares. As of May 20, it had bought back 5.4 million shares at an average price of ...
Bank of England Governor Andrew Bailey welcomes UK efforts with EU
(Alliance News) - The governor of the Bank of England has welcomed the UK government's efforts to forge closer ties with the EU, as he said that officials should work to "minimise" the effects of ...
Drax says offer for investor Harmony Energy Income Trust has lapsed
Drax Group PLC on Friday said its takeover offer for Harmony Energy Income Trust PLC has lapsed, after Harmony accepted a rival offer. The Selby, England-based electricity generator said the offer was ...
Aptamer cheers second product development deal with Unilever
Aptamer's binders are essentially synthetic antibodies, attaching to targets in the body. The binders developed by Aptamer in its first contract with Unilever have passed the lab-testing phase, with ...
LONDON MARKET OPEN: London rises as BoE warns on economic outlook
(Alliance News) - London's FTSE 100 opened in the green on Friday, as a Bank of England rate-setter warns on the UK economic outlook and looks to further reduce interest rates.
Argentex suitors Clune, Adams and Lumon end takeover interest
(Alliance News) - Argentex Group PLC was left with just one potential buyer on Friday, after Lumon Acquisitions Ltd, as well as Irish fintech entrepreneur Terry Clune and former Argentex Chief ...