News

Gresham House Energy Storage hits one gigawatt capacity milestone
(Alliance News) - Gresham House Energy Storage Fund PLC on Friday said it has reached one gigawatt of operational capacity in its battery energy storage system projects. The London-based fund ...
Rockfire Resources to start drilling at Molaoi deposit in September
(Alliance News) - Rockfire Resources PLC on Friday announced it will begin drilling at the Molaoi zinc deposit in Greece in September. The London-based mining firm said the drilling, which will take ...
GSK wins settlement, future royalties in CureVac mRNA patent dispute
GSK said the upfront settlement amount will be recorded as other operating income in its financial results as an adjusting item in the income statement in the third quarter of 2025. The 2025 and ...
Flutter Entertainment launches USD245 million fourth buyback tranche
The buyback will start on October 1 and conclude by the end of the year. It is the fourth tranche of a multi-year share buyback programme worth up to USD5 billion, which Flutter announced in September ...
Irish production in manufacturing falls 12% monthly in June
The country's production in manufacturing industries declined 12% in June, after growth of 12% in May. In April, production had also fallen by 12% monthly. The annual growth in production in Ireland's ...
JPMorgan Emerging EMEA rises as Russian court suspends case against it
JPMorgan argued at the time that VTB's Russian lawsuits were in breach of their previous agreement to settle any disputes through arbitration and applied for an anti-suit injunction in London, to ...
TBC Bank shares slide on first-half profit downturn and dividend cut
(Alliance News) - TBC Bank Group PLC on Friday posted lower profit and reduced its dividend after operating expenses climbed in the first half. Shares in the Tbilisi-based bank fell 11% to 4,525.00 ...
Used car market in UK almost back to pre-Covid levels — SMMT
The UK's new car market grew by 3.5% to around 1.0 million units in the first half of 2025, but remained 18% below the level in 2019. Between April and June, petrol was the best-selling used car fuel ...
PayPoint makes "encouraging start" as revenue climbs in first quarter
(Alliance News) - PayPoint PLC on Wednesday said net revenue increased in the first quarter of the new year, driven by a positive performance in the E-commerce, Payments & Banking and Love2shop ...
Hammerson seals acquisition of 50% stake in Bullring & Grand Central
"We are delighted with the really positive response and outcome of this important equity placing for Hammerson aligned with our acquisition of the remaining 50% stake in Bullring and Grand Central," ...
Hutchmed China interim profit jumps on joint venture stake disposal
Hutchmed retains a 5.0% stake in the joint venture, which used to be split evenly between Hutchmed and Shanghai Pharmaceuticals Holding Co Ltd. GP Health Services Capital Co Ltd acquired 35% of the ...
LONDON BRIEFING: GSK wins settlement payout; FBD interim profit halves
In early corporate news, GSK wins a payout after settlement is reached in the legal action between partner CureVac and BioNTech on Thursday, while Renewables Infrastructure posts a widened interim ...