Digital 9 sells stake in EMIC-1 subsea system following project delays
(Alliance News) - Digital 9 Infrastructure PLC on Tuesday said it has agreed to sell its stake in the EMIC-1 intercontinental subsea cable system for a total of USD42 million.
LONDON MARKET CLOSE: FTSE 100 perks up as year concludes
The FTSE 100 index ended up 52.01 points, 0.6%, at 8,173.02. It is up 5.7% for the year. It is the best year for the blue-chip index since 2021, when it jumped 14% on a post-Covid recovery. In 2022, ...
LONDON MARKET OPEN: Stocks struggle as year draws to close
Chair Eric Sanderson said the sale of EMIC-1 is a "key milestone for progressing the wind-down of the company". The deal can allow the firm to "further deleverage its balance sheet" by trimming the ...
Visum Technologies loss narrows slightly in slow theme park market
(Alliance News) - Visum Technologies on Tuesday said it must diversify its product offerings as it reported marginally higher revenue and its pretax loss narrowed slightly. Visum Technologies is a ...
Sareum served notice on commercial licence for cancer treatment
(Alliance News) - Sareum Holdings PLC on Tuesday said a biopharma company in the US has served notice to terminate a development & commercialisation licence for Sareum's SRA737 clinical-stage cancer ...
London close: Markets end year on positive note as stocks rise
(Sharecast News) - After a tentative start, UK stocks pushed firmly into positive territory in a shortened trading session on Tuesday, as the London Stock Exchange closes up shop early - along with ...
AIM WINNERS & LOSERS: Strong 2024 for Quadrise and Rosebank
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday.
Wizz Air strikes compensation deal for grounded aircraft
Operating under RTX Corp, Pratt & Whitney will provide operational support to Wizz Air through to the end of 2026, as well as a compensation package to cover the costs to Wizz Air associated with the ...
LONDON MARKET EARLY CALL: FTSE 100 set for slip in final day of year
London's flagship index is up 5.0% heading into the final day of 2024, falling short of loftier gains seen in US stocks this year, and the DAX 40 index in mainland Europe. Frankfurt's blue-chip ...
Investment Evolution shifts focus after noting first full-year loss
Investment Evolution will seek more lending licenses in high-margin US states such as Georgia, California and Nevada. US partnerships and licensing deals are another option for increasing revenue, the ...
London open: Markets rangebound as caution sets in
(Sharecast News) - UK stocks opened flat on Tuesday morning ahead of an early finish in London, with investors adopting a cautious approach on the final trading day of the year.
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LONDON BRIEFING: Wizz Air in Pratt & Whitney pact amid groundings
(Alliance News) - London's FTSE 100 is called to open lower on Tuesday, but is still on track to register an annual advance. London's flagship index is up 5.0% heading into the final day of 2024, ...