News

Impax Environmental Markets valuation drops on first-half volatility

(Alliance News) - Impax Environmental Markets PLC on Wednesday said its portfolio fundamentals were "robust" despite net asset value falling in the first half of 2025. The London-based investor in ...

LONDON BRIEFING: Glencore loss widens; TP ICAP touts record revenue

In early corporate news, Glencore reports a widened interim loss, while TP ICAP reports "record" revenue for its first half. Here is what you need to know before the London market open: FTSE 100: ...

Hiscox shares buoyed by increased share buyback and profit beat

Reflecting this, Hiscox increased the size of its share buyback to USD275 million from USD175 million. The increased programme will continue with an increase in the initial tranche to USD137.5 million ...

Coca-Cola Europacific Partners slumps as cuts revenue outlook

Coca-Cola EP lifted its interim dividend by 6.8% to EUR0.79 per share from EUR0.74. A EUR1 billion share buyback programme is EUR460 million completed, it added. Comments and questions to ...

Glencore interim loss worsens amid mounting costs and low coal prices

(Alliance News) - Glencore PLC on Wednesday revealed a wider interim loss, as the miner and commodities trader battled against rising costs, while grappling with weaker coal prices and lower copper ...

UK construction activity shrinks at worst rate in over 5 years in July

The UK construction purchasing managers' index fell to 44.3 points in July from 48.8 in June, undershooting FXStreet-cited expectations of an uptick to 49.2 in July. Falling further below the neutral ...

Ireland services sector activity weakens in July, outlook optimistic

(Alliance News) - Ireland's private sector expanded at a slower pace in July as services sector growth softened to its weakest level since early 2024, S&P Global reported Wednesday. The AIB Ireland ...

Ireland needs to prepare for public spending rise as population ages

As a result, the Irish state needs to prepare for a growth in spending as demographics shift and the demand for public services increase. Analysis by the Irish Fiscal Advisory Council found that while ...

Rotork confident for second half backed by order book visibility

(Alliance News) - Rotork PLC on Tuesday left guidance unchanged after reporting broad-based order growth in the first half although pretax profit fell. In response, shares in the Bath, England-based ...

CORRECT: LONDON MARKET CLOSE: BP fuels FTSE but US data tempers gains

The Cboe UK 100 ended up 0.1% at 913.38, the Cboe UK 250 rose 0.2% to 19,267.71, and the Cboe Small Companies closed down 0.1% at 17,322.85. Well received earnings provided a lift in London with index ...

Investec says UK motor finance market provision "adequate"

FirstRand Ltd and Close Brothers Group PLC had launched their Supreme Court bid to challenge the UK Court of Appeal's judgement in October last year, which found that FirstRand's London branch and ...

LONDON BROKER RATINGS: Kepler cuts Weir; Goldman Sachs raises Lloyds

Jefferies raises British American Tobacco price target to 5,200 (4,800) pence - 'buy' Citigroup raises InterContinental Hotels price target to 7,900 (7,800) pence - 'sell' UBS raises St James's Place ...