News

Physiomics deepens ties with existing client as inks new contract
The Oxfordshire, England-based mathematical modelling company said it has inked an 18-month contract worth GBP98,600 with an existing, unnamed client that will see it apply PK/PD modelling and ...
Drax hires Shell executive Frank Lemmink as chief financial officer
(Alliance News) - Drax Group PLC on Tuesday said it has appointed Frank Lemmink as its new chief financial officer to replace Andy Skelton.
UPDATE: Final phase of "Not for EU" food labelling comes into force
(Alliance News) - The final phase of post-Brexit food labelling on products being shipped from Great Britain to Northern Ireland has been introduced. The "Not for EU" labels, an element of the Windsor ...
UK manufacturing downturn eases in June as decline in new orders slows
Manufacturing production fell for the eight month in a row, as companies scaled down output in response to weak market conditions and uncertainty surrounding government policy, tariffs and the ...
Fears over UK fuel supplies after Lindsey oil refinery owner collapses
(Alliance News) - The group behind one of Britain's largest oil refineries has collapsed into administration, sparking fears over oil supplies and jobs. State Oil – the parent company of Prax Group, ...
London open: Stocks gain as tariff worries ease; Sainsbury's rallies after update
This was the first time in nearly a year that headline shop prices recorded year-on-year growth, according to BRC chief executive Helen Dickinson, who linked the return to inflation to the increased ...
LONDON BRIEFING: SSE and National Grid mull new Ofgem investment plan
In early corporate news, Drax taps a former Shell vice president as its new chief financial officer, and energy firms SSE and National Grid respond to a planned investment programme by UK energy ...
Bid to mitigate post-Brexit EU food labelling law hit by hold-up
The rare procedural hold-up comes amid ongoing disquiet over the operation of post-Brexit trading arrangements between Northern Ireland and the rest of the UK and concerns the region continues to ...
LONDON MARKET EARLY CALL: FTSE 100 called green as shop prices improve
(Alliance News) - London's FTSE 100 is set to open higher on Tuesday, as new data shows a boost in UK shop prices in June and the US looks to resume trade talks with Canada. IG says futures indicate ...
Shuka Minerals secures loan for Zambian deal, annual loss widens
(Alliance News) - Shuka Minerals PLC said on Monday it has secured an extra loan to fund its acquisition of Leopard Exploration & Mining Ltd after its annual loss deteriorated. The Africa-focused mine ...
Emmerson annual loss widens on Khemisset hit, arbitration underway
(Alliance News) - Emmerson PLC on Monday said its annual loss widened significantly after it recorded a USD21.1 million impairment on its flagship Khemisset project in Morocco, following continued ...
LONDON MARKET CLOSE: European stocks wilt but S&P 500 hits fresh high
(Alliance News) - European stocks struggled on Monday despite fresh gains on Wall Street which saw the S&P 500 notch another all-time best level. The FTSE 100 index closed down 37.95 points, 0.4%, at ...