BHP Group confirms withdrawal of resolutions from AGM
(Alliance News) - BHP Group Ltd on Friday confirmed that a number of resolutions have been withdrawn, and will not be considered at its 2024 Annual Meeting. On August 15, the Melbourne, ...
VPC Specialty eyes improving investment environment as dividend upped
(Alliance News) - VPC Specialty Lending Investments PLC on Friday said it expects macroeconomic conditions to improve as it announced a fall in net asset value.
UK company insolvencies dip in August but environment challenging
In England and Wales, 1,953 businesses went bust, according to the Insolvency Service, compared with 2,286 in August 2023. The figures included 279 compulsory liquidations – when a company is forced ...
CleanTech Lithium says process for ASX listing delayed
(Alliance News) - CleanTech Lithium PLC on Friday said that plans for a listing in Australia have been delayed, as "procedural matters" complicate the approval process. CleanTech is a Chile-focused ...
LONDON MARKET MIDDAY: FedEx & Mercedes bring stocks down with a bump
"BMW's warning on the underlying business was [around] 200bps in auto Ebit margin for [the second half] but it's 350bps for Mercedes. We expect to see meaningful 2025 consensus downgrades on the back ...
Life Settlement Assets flaunts focused strategy on interim improvement
Life Settlement is a London-based closed-ended investment company which manages portfolios of whole and fractional interests in life settlement policies, issued by life insurance companies operating ...
Sutton Harbour widens loss amid ongoing debt struggles
During the period, the company suffered from severe disruptions to its harbour operations due to work undertaken by the Environment Agency to replace the Sutton Harbour lock cills, leading to an ...
Steppe Cement swings to loss as sales volumes fall and costs increase
(Alliance News) - Steppe Cement Ltd on Friday said it has swung to a loss in the first half of 2024, following a reduction in sales volume and an increase in maintenance costs.
London midday: Stocks stay down; Burberry out of fashion
In equity markets, luxury fashion brand Burberry was under the cosh ahead of its demotion from the FTSE 100 and after Jefferies downgraded the shares to 'underperform' from 'hold' and slashed the ...
Nativo Resources, formerly Echo Energy, to transform into a precious metal miner in Peru
Nativo Resources, formerly Echo Energy, to transform into a precious metal miner in Peru. Read Share Views's Articles - London South East ...
Oscillate to buy fresh Texan company Quantum Hydrogen
(Alliance News) - Oscillate PLC on Friday said it signed a conditional agreement to fully buy Quantum Hydrogen Inc.
BoE's Mann says higher interest rates needed to "purge" inflation risk
(Alliance News) - A policymaker at the Bank of England has said interest rates need to stay higher for longer in order to "purge" the risks to UK inflation. Catherine Mann, an economist and member of ...