News

First Development Resources completes IPO to develop exploration projects in Australia
First Development Resources completes IPO to develop exploration projects in Australia. Read focusIR's Articles - London ...
Chancellor must raise taxes to help plug gap says think tank
(Alliance News) - The chancellor must resort to "moderate but sustained" tax rises to help repair the UK's public finances as she faces missing one of her fiscal rules by more than GBP40 billion, an ...
Glencore shareholders give UBS share buyback contract thumbs-up
Glencore will continue buying back stock for the remainder of this week. Following the shareholder approval, UBS will commence buying shares from Monday next week on an off-market basis. Glencore ...
Genel Energy expects to mitigate impact of drone attack as loss slims
Genel said it expects the impact on cash of damage caused and loss production to be mitigated by "judicious cost control and insurance cover". Shares in Genel Energy closed up 2.7% at 61.00 pence in ...
CORRECT: LONDON MARKET CLOSE: BP fuels FTSE but US data tempers gains
The Cboe UK 100 ended up 0.1% at 913.38, the Cboe UK 250 rose 0.2% to 19,267.71, and the Cboe Small Companies closed down 0.1% at 17,322.85. Well received earnings provided a lift in London with index ...
Serica cuts dividend as production slows ahead of London listing swap
Serica reiterated a decrease in full-year production guidance which was first announced in July. The company expects 2025 production to range from 33,000 to 35,000 barrels of oil equivalent per day, ...
Registrations of new cars in UK down by 5% in July, figures suggest
(Alliance News) - Registrations of new cars in the UK fell by 5% last month, preliminary figures suggest. Approximately 140,000 new cars were registered in July, compared with 147,517 during the same ...
XP Power shares jump as it eyes recovery despite swing to loss
(Alliance News) - XP Power Ltd on Tuesday said it swung to a loss as revenue fell in the first half of the year, but said it has seen "clear signs of improvement in market conditions". In response, ...
Smith & Nephew shares jump 16% as sales growth picks up in 2nd quarter
Smith & Nephew said underlying revenue growth accelerated to 6.7% in the second quarter, compared to 5.0% for the half year as whole. Reported growth of 7.8% included a 110 basis points foreign ...
Harworth Group warns of headwinds from softer residential markets
(Alliance News) - Harworth Group PLC on Tuesday said it had positive operational momentum in the first half despite softer residential markets, as it warned of "valuation headwinds and cost increases" ...
London midday: FTSE gains amid well-received results; S&N, Fresnillo shine
(Sharecast News) - London stocks had pushed higher by midday on Tuesday, helped along by well-received results from the likes of Smith & Nephew, Fresnillo and Diageo. The FTSE 100 was up 0.4% at 9,162 ...