News

UPDATE: British American Tobacco intends to sell 2.3% stake in ITC
(Alliance News) - British American Tobacco PLC said on Tuesday it plans to sell 2.3% interest in ITC Ltd to continue funding its share buyback programme. ITC is a Kolkata-based conglomerate with ...
THG and Mobico set for FTSE 250 exit - indicative changes
According to the index operator's indicative changes, Bellevue Healthcare Trust PLC, Mobico Group PLC and THG PLC are set to exit the FTSE 250. There are no additions or removals from the FTSE 100, ...
LONDON MARKET CLOSE: Tariff optimism, US data lifts FTSE 100
The London-based medical diagnostics firm expects to report pretax profit of GBP1.6 million for the year that ended March 31, swung from a GBP750,000 loss the year before. Total income is anticipated ...
Europa Oil & Gas receives USD500,000 from Wressle revenue swap
(Alliance News) - Europa Oil & Gas Holdings PLC on Tuesday said it has received the USD500,000 upfront consideration related to its recently announced revenue swap agreement for the Wressle oil field.
BWA welcomes increased interest in Cameroon minerals sector
(Alliance News) - BWA Group PLC on Tuesday said it noted recent announcements by Australian mining firms Peak Minerals Ltd and DY6 Metals Ltd regarding their exploration activities in Cameroon, which ...
MOH Nippon swings to annual loss as revenue halves on project delays
(Alliance News) - MOH Nippon PLC on Tuesday said it expects to swing to a full-year loss due to a sharp drop in revenue, with no income generated in the second half of its financial year amid delays ...
MTI Wireless Edge confident, notes rising demand for defence products
MTI Wireless Edge Ltd on Thursday reported higher revenue in the first three months of 2025, with growth anticipated through the rest of the year. The Rosh Haayin, Israel-based technology company ...
British American Tobacco mulling possible sale of stake in ITC
(Alliance News) - British American Tobacco PLC on Tuesday confirmed that it is evaluating a possible disposal of a small part of its interest in ITC Ltd in the open market. ITC is a Kolkata-based ...
What's Hot end of May 25
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US-EU trade war "in nobody's interest", says Downing Street
(Alliance News) - A trade war is "in nobody's interest", Downing Street has said following US President Donald Trump's threat to impose 50% tariffs on EU goods. Trump threatened to increase tariffs on ...
OPG Power says annual revenue and earnings meet expectations
OPG said softening coal prices during the year offset the impact of a lower average tariff, which slipped to INR6.92 per kilowatt hour, around USD0.083, from INR7.52 in financial 2024. The company ...
Jangada Mines cheers USD500,000 grant for Blencowe Resources
(Alliance News) - Jangada Mines PLC on Tuesday hailed a USD500,000 grant awarded to investee Blencowe Resources PLC. Jangada shares climbed 29% to 1.29 pence each on Tuesday afternoon in London. As of ...