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 ...
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 ...
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 ...
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 ...
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 ...
LONDON MARKET CLOSE: FTSE 100 pushes above 8,800 amid services rebound
The FTSE 100 index closed up 14.27 points, 0.2%, at 8,801.29. The FTSE 250 ended 101.23 points higher, 0.5%, at 21,119.01, and the AIM All-Share closed up 0.84 of a point, 0.1%, at 754.35.
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 ...
Empiric Student Property expects to fill portfolio with higher rents
The London-based owner and operator of student accommodation in the UK said it is encouraged that its portfolio will "again be effectively full" in the 2025/26 academic year, with an occupancy rate of ...
Johnson Service Group to join London Main Market, ups share buyback
(Alliance News) - Johnson Service Group PLC on Wednesday said it plans to transfer its listing to the Main Market of the London Stock Exchange from AIM and expand its ongoing share buyback programme, ...
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 ...
UK service sector activity returns to growth in May; pressures linger
The S&P Global UK services purchasing managers' business activity index rose to 50.9 points in May from 49.0 in April, improving upon the flash reading of 50.2 released late last month. Climbing above ...
B&M says weak UK performance offsets strong France as profit falls
B&M, which has 777 stores in the UK and 135 in France, as well as 343 Heron Foods and B&M Express shops, flagged heightened cautiousness to spend among consumers, and "very subdued" garden spending ...