News

London open: Stocks nudge up; ECB expected to cut rates
(Sharecast News) - London stocks nudged just a touch higher in early trade on Thursday as investors eyed an expected rate cut by the European Central Bank. At 0835 BST, the FTSE 100 was up 0.1% at ...
Ireland's service sector expansion outperforms Eurozone and US in May
(Alliance News) - Overall business activity in Ireland increased in May, S&P Global reported on Thursday. The AIB Ireland composite purchasing managers' index rose to 54.9 in May, up from 54.0 in ...
Cobalt Holdings abandons plans for USD230 million London IPO
Cobalt Holdings was set up by entrepreneur Jake Greenberg to give investors exposure to cobalt, a key ingredient in battery manufacturing. Greenberg previously founded Yellow Cake PLC, which debuted ...
London close: Stocks higher on service data, tariff reprieve
(Sharecast News) - London equities closed modestly higher on Wednesday, supported by a rebound in the UK services sector and relief that the country avoided increased US tariffs on steel and aluminium ...
AFC Energy signs joint development agreement for ammonia crackers
(Alliance News) - AFC Energy PLC on Wednesday said it has signed a joint development agreement with an unnamed S&P 500 company. Shares in AFC Energy jumped 39% to 13.10 pence in London on Wednesday ...
Warehouse agrees to GBP470 million takeover offer from Blackstone
(Alliance News) - Warehouse REIT PLC on Wednesday said it has agreed the terms of an acquisition by Blackstone Inc that values it at GBP470 million. Under the terms of the acquisition, Wapping Bidco ...
European Green Transition's loss widens but says year "robust"
European Green Transition PLC reported an increased loss but noted "many significant milestones" in its first year during which its stock traded in London. Shares in the company were trading 3.5% ...
GreenRoc share surge as EU designates Amitsoq project as strategic
The Greenland-focused critical mineral project developer said its Amitsoq project in southern Greenland has been granted a "strategic project" designation by the EU for the extraction of graphite and ...
Deal on US steel tariffs to be in force "in a very short time" — UK PM
(Alliance News) - The US trade deal will be implemented "within a very short time", the UK prime minister has said after Donald Trump exempted Britain from a hike in steel tariffs. Keir Starmer ...
Metals One begins uranium exploration in US ahead of site acquisition
Metals One agreed to start exploration work before completing the acquisition of Uravan. The deal was announced back in April, and includes a ten-year lease for the site, though Metals One.
EMV Capital loss widens on reduced income but assets rise by third
(Alliance News) - EMV Capital PLC on Wednesday said its loss widened during 2024 as income fell, though the firm remains cautiously optimistic in its outlook. The life sciences investor said its ...
Health workers in England and Wales to vote on strikes over pay
(Alliance News) - Health workers are to be balloted on industrial action in a dispute over pay. Unite said its members in England and Wales will vote in the coming weeks on whether to reject an ...