News

Resolute Mining buys Ivory Coast projects from AngloGold Ashanti
(Alliance News) - Resolute Mining Ltd on Thursday said it has agreed buy two gold projects in Ivory Coast from AngloGold Ashanti PLC for USD150 million in cash, plus a royalty award and the transfer ...
PRESS: Shein explores moving production for US market outside of China
(Alliance News) - Shein is considering shifting its production of clothes sold in the US to factories outside of China, as President Donald Trump's trade tariffs threaten the fast-fashion retailer's ...
Computacenter expects 2025 progress; says no "direct" tariff exposure
(Alliance News) - Computacenter PLC on Thursday said its first-quarter was in line with expectations, and the Hatfield, England-based technology services provider explained it does not have "any ...
Lancashire first-quarter premiums up; maintains wildfire loss estimate
(Alliance News) - Lancashire Holdings Ltd on Thursday reported a double-digit rise in gross premiums written in the first quarter of 2025, as the insurer reaffirmed its full-year return on equity ...
Drax shares up as expects adjusted earnings at top end of consensus
Drax Group PLC on Thursday said its performance in the first quarter of the year was "strong," as it is working to align itself to the UK's energy needs. The Selby, England-based electricity generator ...
Endeavour Mining swings to first-quarter profit on strong gold output
Endeavour Mining PLC on Thursday reported a "strong" operational and financial performance for the first quarter of 2025, as higher gold production and prices helped lift earnings and free cash flow, ...
LONDON MARKET MIDDAY: Stocks mostly up but tariffs hit manufacturing
The S&P Global UK manufacturing purchasing managers' index picked up to 45.4 points in April from 44.9 in March, topping the 44.0 flash estimate. New business for UK manufacturers meanwhile slid for ...
UK mortgage approvals slip slightly to just above 64,000 in March
(Alliance News) - UK mortgage approvals were slightly lower than expected in March, according to numbers from the Bank of England on Thursday. Mortgage approvals totalled 64,300 in March, down from ...
Hiscox keeps USD170 million wildfire reserve; quarterly premiums up
(Alliance News) - Hiscox Ltd on Thursday said it has maintained a USD170 million net loss reserve for claims related to the recent California wildfires, with no changes made to previous estimates, ...
Informa reaffirms 2025 guidance as first-quarter revenue rises
(Alliance News) - Informa PLC on Thursday said it had a "strong" start to 2025, reporting revenue growth and reaffirming its annual guidance.
Rolls-Royce on track in 2025 as seeks to mitigate impact of tariffs
(Alliance News) - Rolls-Royce Holdings PLC on Thursday backed its full-year outlook as it reported a good start to 2025 despite the uncertainties associated with US trade tariffs.
LONDON MARKET OPEN: Stocks rising ahead of UK PMI data
The London-based software provider declared an increased final dividend of 0.70 pence, with pretax profit for 2024 rising to GBP4.3 million and revenue rising to GBP32.4 million. It also said it is ...