News

LONDON MARKET CLOSE: Stocks up as Powell leaves door ajar for rate cut

While stocks rose, the dollar fell, while US bond yields declined. The pound jumped to USD1.3539 late on Friday afternoon in London, compared to USD1.3426 at the equities close on Thursday. The euro ...

NB Distressed Debt plots wind-up as net asset value falls

NB Distressed Debt is a fund focused on distressed, stressed and special situation credit, with a focus on senior debt backed by hard assets. It said net asset value per share fell 2.3% to 73.85 US ...

Blencowe Resources: Completion of Orom-Cross DFS Programmes

"Completing the infrastructure workstream is a major de-risking milestone for Orom-Cross. Having hydro-grid power, water, ...

Redcentric shares jump as possible data centre sell-off looms

The Harrogate, North Yorkshire-based IT service provider confirmed that discussions to sell Redcentric Data Centres Ltd have reached "advanced" stages, though there is no certainty a deal will proceed ...

Marechale Capital full-year loss widens amid "challenging backdrop"

(Alliance News) - Marechale Capital PLC on Friday reported lower full-year revenue, with profit hurt by equity investment losses. Marechale Capital is a London-based adviser and financing provider for ...

Irish annual producer price decline eases to 3.5% in July

(Alliance News) - Irish producer prices fell at a slower pace last month, numbers on Friday showed. According to the nation's Central Statistics Office, producer prices declined 3.5% on-year in July, ...

Middlefield Canadian Income plans ETF rollover in Ireland and London

The company hired white-label ETF provider Hanetf to support fund manager Middlefield. As of Friday, Hanetf has approval from the Central Bank of Ireland to set up the fund, and has applied to the UK ...

Argo Blockchain shares tumble as loan negotiations continue

London-based Argo is a blockchain technology company focused on cryptocurrency mining with operations in the US and Canada. Argo on Friday said negotiations with Growler Mining Tuscaloosa LLC ...

Zenith Energy project in Piedmont reclassified with higher capacity

(Alliance News) - Zenith Energy Ltd on Friday said the agrivoltaic solar energy project it acquired in Piedmont, Italy, has been reclassified as a 10 megawatt peak project, upgraded from 7 MWp of ...

Blencowe confident as progresses feasibility for first graphite mine

According to Blencowe, "all major infrastructure workstreams" been executed for the site's definitive feasibility study. Drilling, which targeted a new deposit and aimed to make more graphite reserves ...

LONDON MARKET MIDDAY: Stocks edge higher with all eyes on Powell

The FTSE 100 index was up 11.86 points, 0.1%, at 9,321.06. The FTSE 250 was up 89.05 points, 0.4%, at 21,906.89, and the AIM All-Share was up 2.21 points, 0.3%, at 761.07.

Alien Metals shares climb on "outstanding" silver assay results

Alien Metals said its joint venture partner, West Coast Silver Ltd, has reported further "outstanding" assay results from the maiden diamond drilling programme at the Elizabeth Hill project. West ...