News

Legal & General agrees private credit partnership deal with Blackstone
(Alliance News) - Legal & General Group PLC on Thursday announced a private credit partnership agreement with Blackstone Inc that it said will help address growing demand for public-private hybrid ...
Merck & Co snaps up respiratory drug maker Verona for USD10 billion
Merck will fork out USD107 per American depository share in Verona, the Rahway, New Jersey-based pharmaceutical firm said. Each ADS represents eight Verona ordinary shares. The sum is a 23% premium to ...
Dr Martens maintains guidance as financial year starts steadily
(Alliance News) - Dr Martens PLC on Thursday left its guidance unchanged as it said its financial year has started in line with expectations. The London-based bootmaker said it has continued to see ...
Jupiter Fund to buy non-profit asset manager CCLA for GBP100 million
The London-based investment manager called it "a significant step forward" in its UK expansion plans. CCLA, also based in London, focuses on investments in the non-profit sector, with around GBP15 ...
DCC eyes annual operating profit growth as simplification progressing
DCC expects the financial year ending March 31, 2026, to be a year of "good operating profit growth".
London open: Stocks gain as investors shrug off tariff uncertainty
(Sharecast News) - London stocks rose in early trade on Thursday, taking their cue from a solid session on Wall Street, as investors shrugged off tariff uncertainty. At 0840 BST, the FTSE 100 was up 0 ...
Trump issues more letters to countries in push for tariff deals
(Alliance News) - US President Donald Trump released a fresh set of letters to trading partners Wednesday, setting out tariff rates for six countries as Washington pushes to bring about a flurry of ...
Guaranty Trust Holding starts trading on Main Market in London
(Alliance News) - Guaranty Trust Holding Co PLC on Wednesday started trading on the Main Market of the London Stock Exchange. The Lagos, Nigeria-based banking franchise said 36.43 billion shares have ...
UK PM declines to rule out wealth tax; says sticking to fiscal rules
(Alliance News) - UK Prime Minister Keir Starmer has declined to rule out a wealth tax, after Conservative leader Kemi Badenoch accused the prime minister of "flirting" with the idea. Starmer defended ...
EXECUTIVE CHANGES: BP has ex-Shell CFO on board; Futura chair, CEO out
BP PLC - London-based oil major - Hires Simon Henry as non-executive director, starting September 1. Henry spent 35 years with energy peer Shell PLC, including as chief financial officer from 2009 to ...
Impax Asset Management has positive market performance, lower outflows
(Alliance News) - Impax Asset Management Group PLC on Wednesday reported an increase in assets under management, helped by an acquisition and a "significant reduction in net outflows". London-based ...