News

Nato chief says UK's defence spending plans not at odds with 5% goal
(Alliance News) - NATO secretary-general Mark Rutte has said he sees no discrepancy between the UK's current defence spending goals and his own push for members to reach 5% of GDP. The NATO chief ...
NATO chief urges 400% rise in alliance's air defence
(Alliance News) - NATO head Mark Rutte on Monday urged a "quantum leap" in defence capabilities including a "400% increase" in air and missile defence to shield the alliance against Russia. His ...
LONDON MARKET CLOSE: FTSE 100 dips but M&A keeps mid-caps in the green
The FTSE 100 index fell 5.63 points, 0.1%, at 8,832.28. The FTSE 250 ended up 128.63 points, 0.6%, at 21,285.91, and the AIM All-Share climbed 7.01 points, 0.9%, at 763.89.
Ondine says UCL study shows Steriwave effective against Mucor fungus
Ondine Biomedical Inc on Monday said researchers from University College London found its Steriwave photodisinfection technology to be effective in killing the Mucor fungus, which can cause fatal ...
TikTok announces plans to increase investment in Britain
(Alliance News) - TikTok plans to raise its investment in the UK, its biggest community in Europe, with the creation of 500 more jobs, the Chinese-owned social media giant announced Monday. The news ...
Empire Metals shares up on high-purity titanium from Pitfield project
(Alliance News) - Empire Metals Ltd on Monday said it has produced a high-purity titanium dioxide product with a grade of around 99% TiO2 from its Pitfield project, marking a significant milestone in ...
Spectris jumps after USD4.4 billion takeover bid from Advent
The bid by Advent would value Spectris' equity at more than GBP3.7 billion, giving the firm a GBP4.4 billion enterprise valuation including debt. The dividend would be paid in line with Spectris' ...
Cap-XX cheers new contracts, says cash position "strong" despite drop
(Alliance News) - Cap-XX Ltd on Monday reported it was in a "strong" position, despite a slight decrease in cash balance, as it hailed new contracts gained in the past five months.
EXECUTIVE CHANGES: ZCCM picks Kakenenwa Muyangwa as new CEO
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced in the past week and not separately reported by Alliance News: ...
Argentex shares rise as it rejects Lavide offer over funding shortfall
Argentex Group PLC on Monday confirmed it has rejected a proposal from Lavide Holding NV, saying the approach does not represent an offer for the full company and falls well short of the funding it ...
Irish industrial production rises during quarter, led by global sector
The Irish industrial production and turnover index reported that manufacturing production and turnover rose by 13.2% and 24.4% respectively between February and April, compared to the previous quarter ...
Bluebird Mining Ventures nears monetisation of Philippine project
(Alliance News) - Bluebird Mining Ventures Ltd on Monday said it has agreed a framework for the monetisation of its flagship Philippine project. The British Virgin Islands-based gold development ...