News

Pennpetro Energy secures loan facility to fund 2024 results audit
(Alliance News) - Pennpetro Energy PLC on Friday said it auditors were in the final review process for its financial 2024 results, following its receipt of the sufficient funds via a convertible loan ...
Vault Ventures shares rise as unveils strategy, adds digital assets
"Ethereum offers Vault an opportunity to diversify our treasury while engaging with the broader shift toward decentralised digital infrastructure. A combined ETH/BTC treasury strategy enhances Vault's ...
ValiRx signs licence with Ambrose worth GBP16 million plus royalties
Under the option agreement, ValiRx will receive 576,000 shares in Ambrose, with clinical and commercial milestone payments to be made to ValiSeek totalling up to GBP16 million plus royalties. The ...
Petrel Resources eyes expansion as pretax loss narrows
(Alliance News) - Petrel Resources PLC on Friday said its pretax loss narrowed slightly in 2024 as it said it is considering expansion opportunities in oil and gas. The Iraq and Ghana-focused oil & ...
LONDON MARKET CLOSE: Stocks dip amid BoE hold and Iran escalation fear
London's FTSE 100 closed lower on Thursday, amid ongoing Middle East concerns, after the Bank of England left interest rates unchanged at 4.25%. The FTSE 100 index closed down 51.67 points, 0.6%, at 8 ...
Litigation Capital Management shares slide as it reports court loss
(Alliance News) - Litigation Capital Management Ltd shares plunged on Thursday as it reported a "challenging period" due to adverse case outcomes after a judgement at the high court in London found ...
EARNINGS: LPA loss widens; First Property Group swings to profit
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: ...
BoE leaves rates unmoved but vote split more divided than expected
(Alliance News) - The Bank of England left interest rates unmoved on Thursday, though the vote split had a more dovish tilt than expected. The BoE left bank rate unmoved at 4.25% on Thursday, as ...
LONDON BROKER RATINGS: Kepler says 'hold' Bunzl, 'buy' Diploma
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LONDON MARKET MIDDAY: Stocks red, Bank of England votes for rate hold
(Alliance News) - London stocks were mostly lower at midday on Thursday, after the Bank of England left its key rates unchanged at 4.25%. However, three Monetary Policy Committee members voted for a ...
JPMorgan European ups payout as outperforms benchmark; outlook rosy
JPMorgan European Discovery declared a final dividend of 10.0p per share, up 25% from 8.0p a year prior. This brings the total payout to 13.0p, up 24% from 10.5p.
JPMorgan Indian Investment loss widens despite improved share discount
The London-based investor in Indian assets posted a negative 7.2% return on net asset value in the first-half, compared to a positive 6.2% return the year prior. Still, this was an improvement on the ...