LONDON: Tavistock Investments Plc (AIM:TAVI) reported an operating profit of £11.07 million for the year ended March 31, 2025, reversing a £0.4 million loss a year earlier, as the UK-based retail advisory firm undertook a strategic overhaul including asset disposals, acquisitions, and a planned rebrand. Adjusted EBITDA fell to £1.76 million from £2.23 million, impacted…
Aeorema Communications reports record revenue, strategic progress in interim results
Revenue reached £20.4 million, edging past last year’s £20.3 million LONDON: Aeorema Communications plc (AIM: AEO), a leading strategic communications group, reported record revenue and strong operational momentum in its unaudited interim results for the 12 months ended June 30, 2025, underscoring the success of its restructuring program and international expansion. Revenue reached £20.4 million,…
INSPECS Group reports lower H1 revenue amid tariff disruption, eyes full-year guidance
Revenue for the six months ended June 30 fell to £97.6 million, down from £100.6 million in the same period last year LONDON: INSPECS Group plc, a global eyewear designer and manufacturer, reported a slight dip in first-half revenue for 2025, citing macroeconomic headwinds and ongoing tariff disruptions affecting exports from China to the United…
Livium partners with South Korea’s Won Kwang S&T to tackle Australia’s solar waste crisis
MELBOURNE: Livium Ltd. (ASX: LIT), a leading Australian clean energy recycler, has signed a memorandum of understanding with South Korean solar innovator Won Kwang S&T to jointly address Australia’s mounting solar panel waste through advanced recycling technologies. The agreement marks Livium’s strategic expansion into photovoltaic (PV) recycling, leveraging its subsidiary Envirostream’s infrastructure and customer base…
Robinhood taps Stakk for embedded finance in new banking push
SYDNEY: Australian fintech firm Stakk Ltd. (ASX: SKK) has secured a two-year master services agreement with Robinhood Markets Inc. (NASDAQ: HOOD) to provide embedded finance solutions for the U.S. trading platform’s new banking initiative. Under the agreement, Stakk will deliver image capture, authentication, and transaction processing capabilities to support Robinhood Banking™, a premium offering targeting…
XRG consortium withdraws $5.6 billion takeover bid for Santos
ADELAIDE: A consortium led by Abu Dhabi’s XRG P.J.S.C. has withdrawn its non-binding $5.6 billion proposal to acquire Australian energy firm Santos Ltd (ASX: STO), ending months of negotiations over a potential cash scheme of arrangement. The consortium, which included Abu Dhabi Development Holding Company and private equity firm Carlyle, cited regulatory risks and delays…
AuKing Mining to acquire Orion Resources, securing full ownership of Cloncurry Gold Project
BRISBANE: AuKing Mining Ltd. (ASX: AKN) announced Thursday it has entered into a binding agreement to acquire 100% of Orion Resources Pty Ltd, granting full ownership of the Cloncurry Gold Project in north-west Queensland. The acquisition, valued at A$33 million, will be completed in two stages. AuKing will accelerate its initial 50% acquisition for A$5…
PRS REIT agrees to £646 million sale of property subsidiary to Waypoint-advised Fund
LONDON: The PRS REIT has entered into non-binding heads of terms for the proposed £646.2 million sale of its operating subsidiary, PRS REIT Holding Company Limited, to a vehicle wholly owned by a fund advised by Waypoint Asset Management. The deal, subject to shareholder approval and due diligence, would transfer ownership of the REIT’s entire…
GSK to invest $30 billion in R&D and manufacturing in the United States over next 5 years
· Includes new $1.2 billion investment announced today in manufacturing facilities, AI and advanced digital technologies, creating hundreds of highly skilled U.S. jobs · New facilities will bridge R&D and manufacturing across both the U.S. and U.K., strengthening the two countries’ leadership in life sciences LONDON: GSK plc (LSE/NYSE: GSK) today announced plans to invest $30 billion…
Thrive Homes and Watford Community Housing begin merger talks to boost affordable housing
LONDON: Thrive Homes and Watford Community Housing have announced they are in formal discussions over a potential merger, which would create a new customer-focused Community Gateway housing association – significantly strengthening the delivery of affordable housing across Hertfordshire and their wider operating areas. Boards of both housing associations have approved an outline business case for…
Fintel Plc reports strong H1 results; Advances strategic shift to software and data model
For the six months ended June 30, 2025, group revenue rose 18.6% to £42.4 million LONDON: Fintel plc (AIM: FNTL), a leading provider of software and support services to the UK retail financial services sector, reported robust half-year results Tuesday, underscoring its strategic transformation and integration of nine acquisitions. For the six months ended June…
Personal Group reports strong H1 2025 results; Boosts dividend amid record insurance sales
The Group posted an 11% increase in revenue to £23.3 million, up from £21.0 million in H1 2024 LONDON: Personal Group Holdings Plc (AIM: PGH), a leading provider of workforce benefits and services, reported robust interim results for the six months ended June 30, 2025, driven by record insurance sales and expanding recurring revenue streams….