News

Mkango Resources extends exclusivity period for possible Crown deal
Mkango Resources Ltd on Tuesday saw it shares surge as it reported an amendement to its letter of intent regarding its potential combination with Crown PropTech Acquisitions. The Malawi-focused ...
Fears over UK fuel supplies after Lindsey oil refinery owner collapses
(Alliance News) - The group behind one of Britain's largest oil refineries has collapsed into administration, sparking fears over oil supplies and jobs. State Oil – the parent company of Prax Group, ...
London open: Stocks gain as tariff worries ease; Sainsbury's rallies after update
This was the first time in nearly a year that headline shop prices recorded year-on-year growth, according to BRC chief executive Helen Dickinson, who linked the return to inflation to the increased ...
LONDON BRIEFING: SSE and National Grid mull new Ofgem investment plan
In early corporate news, Drax taps a former Shell vice president as its new chief financial officer, and energy firms SSE and National Grid respond to a planned investment programme by UK energy ...
Bid to mitigate post-Brexit EU food labelling law hit by hold-up
The rare procedural hold-up comes amid ongoing disquiet over the operation of post-Brexit trading arrangements between Northern Ireland and the rest of the UK and concerns the region continues to ...
LONDON MARKET EARLY CALL: FTSE 100 called green as shop prices improve
(Alliance News) - London's FTSE 100 is set to open higher on Tuesday, as new data shows a boost in UK shop prices in June and the US looks to resume trade talks with Canada. IG says futures indicate ...
Emmerson annual loss widens on Khemisset hit, arbitration underway
(Alliance News) - Emmerson PLC on Monday said its annual loss widened significantly after it recorded a USD21.1 million impairment on its flagship Khemisset project in Morocco, following continued ...
LONDON MARKET CLOSE: European stocks wilt but S&P 500 hits fresh high
(Alliance News) - European stocks struggled on Monday despite fresh gains on Wall Street which saw the S&P 500 notch another all-time best level. The FTSE 100 index closed down 37.95 points, 0.4%, at ...
EARNINGS: MS International hails record profit; Dekel loss narrows
The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: MS International PLC - defence equipment manufacturer - Hails ...
London South East1d
BP and A2A sign 17-year liquefied natural gas supply agreement
(Alliance News) - A2A Spa on Monday said it has signed a 17-year sale and purchase agreement with London-based oil and gas producer BP PLC for liquefied natural gas. A2A, a Brescia, Italy-based ...
London South East1d
Serica says output to resume at Triton after "extensive repairs"
(Alliance News) - Serica Energy PLC on Monday said production will resume at the Triton asset in the North Sea, following maintenance work. The maintenance work is expected to "improve operational ...
US tariff relief for UK carmakers and aerospace comes into force
(Alliance News) - Tariff cuts for the UK automotive and aerospace sectors have come into force after Prime Minister Keir Starmer finalised parts of a deal for relief from US import taxes. Car ...