News

TikTok announces plans to increase investment in Britain
(Alliance News) - TikTok plans to raise its investment in the UK, its biggest community in Europe, with the creation of 500 more jobs, the Chinese-owned social media giant announced Monday. The news ...
Spectris jumps after USD4.4 billion takeover bid from Advent
The bid by Advent would value Spectris' equity at more than GBP3.7 billion, giving the firm a GBP4.4 billion enterprise valuation including debt. The dividend would be paid in line with Spectris' ...
Cap-XX cheers new contracts, says cash position "strong" despite drop
(Alliance News) - Cap-XX Ltd on Monday reported it was in a "strong" position, despite a slight decrease in cash balance, as it hailed new contracts gained in the past five months.
EXECUTIVE CHANGES: ZCCM picks Kakenenwa Muyangwa as new CEO
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced in the past week and not separately reported by Alliance News: ...
Petra Diamonds year-to-date sales fall despite stronger latest tender
The Finsch mine saw a recovery in prices to USD75 per carat in the latest tender, supported by better product mix as new ore zones are accessed. Williamson's final tender under Petra ownership yielded ...
Prospex Energy to resume gas output at Viura field this month
Prospex holds a 7.2% effective interest in the Viura field, via its 7.5% stake in HEI. The company is currently receiving around 14% of the field's production income until it recovers its capital ...
Catenai shares fall as investee Alludium joins AWS, Atlassian schemes
(Alliance News) - Catenai PLC on Monday said portfolio company Alludium Ltd has been accepted into two startup accelerator programmes run by Amazon.com Inc's Amazon Web Services and Atlassian Corp, ...
Bluebird Mining Ventures nears monetisation of Philippine project
(Alliance News) - Bluebird Mining Ventures Ltd on Monday said it has agreed a framework for the monetisation of its flagship Philippine project. The British Virgin Islands-based gold development ...
LONDON MARKET MIDDAY: Tepid trade as eyes turn to US-China talks
The yield on the US 10-year Treasury was quoted at 4.49% early Monday afternoon UK time, stretching from 4.48% at the time of the London equities close on Friday. The yield on the US 30-year Treasury ...
EXECUTIVE CHANGES: New chairs for ASA International and Crimson Tide
Sutton Harbour Group PLC - operator of Sutton Harbour Marina, King Point Marina and Plymouth Fisheries in Plymouth, England - Senior Independent Director Graham Miller will leave the board at the ...
UK to boost 'homegrown talent' in new AI skills drive
(Alliance News) - UK Prime Minister Keir Starmer on Monday pledged to boost "homegrown talent for the AI age" by teaming up with tech giants to train 7.5 million workers in artificial intelligence ...
London midday: FTSE dips as investors eye Sino-US trade talks
(Sharecast News) - London stocks had dipped into the red by midday on Monday as investors digested the latest Chinese trade and inflation data and awaited the outcome of US-China trade talks in London ...