News

TRADING UPDATES: Blackstone unit increases stake in Warehouse REIT

Home REIT PLC - London-based investor in the UK's social housing sector - Agrees with AEW UK Investment Management LLP to revise terms of the investment management agreement, reflecting the reduced ...

London close: Stocks rise as Powell hints at policy shift

(Sharecast News) - London equities ended higher on Friday as investors assessed Federal Reserve chair Jerome Powell's speech at the Jackson Hole symposium for clues on the outlook for US interest ...

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, ...

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 ...

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 ...

Aptamer shares jump amid progress in enzyme inhibitor licensing deals

(Alliance News) - Aptamer Group PLC shares jumped on Friday as the firm said it has made progress across its enzyme modulation projects, including advancing its second inhibitor to the final ...

Vesuvius agrees to buy Morgan Advanced's Molten Metal Systems business

(Alliance News) - Vesuvius PLC on Friday said it has agreed to acquire Morgan Advanced Materials PLC's Molten Metal Systems business for a total enterprise value of GBP92.7 million. Vesuvius is a ...

Serica backs production guidance following oil lifting at Triton FPSO

The North Sea-focused oil and gas producer suspended production at the FPSO back in January, following issues resulting from Storm Eowyn. On Friday, Serica Energy said that since resuming production, ...

LONDON MARKET EARLY CALL: Stocks to rise, consumer sentiment perks up

(Alliance News) - Stocks in London are set to open slightly higher on Friday, ahead of Federal Reserve Chair Jerome Powell's highly anticipated speech at the ongoing Jackson Hole symposium.

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 ...

Cloudbreak Discovery shares rise as agrees sale of US oil assets to G2

(Alliance News) - Cloudbreak Discovery PLC on Friday said it has agreed the sale of its US oil assets on the Masten Unit energy project in Texas to G2 Energy Corp. The London-based natural resource ...

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 ...