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A service for global professionals · Thursday, July 31, 2025 · 835,784,709 Articles · 3+ Million Readers
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Africa London Stock Exchange Newswire

  • Published on 10:48 GMT

    South Africa: Hundreds of Lesotho diamond mining jobs to be axed following US tariff threats

    Lesotho’s largest diamond mine, Letšeng Diamonds, blames a weakening US dollar and uncertainty over US trade tariffs for its latest bid to cut hundreds of jobs as a cost-saving measure. Photo: Sechaba Mokhethi The livelihoods of hundreds of miners at …

    Source: Zawya - Indeterminate
  • Published on Jul 30, 2025

    The man who built Nigeria

    This week Aliko Dangote retired as the chair of Dangote Cement. It’s a big deal, as Dangote founded parent company Dangote Industries in 1981 as an importer of bagged cement and other commodities such as rice, sugar, flour and salt. Over 40 years later …

    Source: Global Cement - Pending
  • Published on 06:50 GMT

    Seplat Energy’s H1 2025 Revenue Hits N2.167tn, Gross Profit Soars to N751.2bn

    •Company’s oil production averaged 134,492bpd  •Declares $4.6 cents dividend per share Emmanuel Addeh in Abuja and Peter Uzoho in Lagos Seplat Energy Plc, a Nigerian independent energy company, has announced its unaudited results for the six months ended …

    Source: This Day - Pro-Government
  • Published on 07:55 GMT

    FTSE 100 Live: Stock open higher as Rolls, Shell and Rentokil pop,...

    8.50am: Shell resilience on show More details on Shell PLC (LSE:SHEL, NYSE:SHEL), where the shares are up 2.7%, after confirming it is continuing buybacks despite softer financials in the second quarter. Having spent $3.5 billion on share buybacks in the …

    Source: Proactive UK - Neutral
  • Published on 08:35 GMT

    FTSE 100 Live: Stock open higher as Rolls, Shell and Rentokil pop, miners keep falling

    9.17am: European stocks markets on front foot The FTSE 100 bagged a new all-time high just above 9,190, up around 57 points or 0.6%, but has since eased back a little.  LSEG has joined the fallers, despite a new buyback and upgraded guidance, with its …

    Source: Proactive UK - Neutral
  • Published on 09:02 GMT

    FTSE 100 Live: Stocks hit new high as Rolls and Rentokil pop,...

    9.51am: Meta astounding, while Microsoft joins $4trn club Meta and Microsoft delivered "the kind of earnings most companies can only dream of," says analyst Dan Coatsworth at AJ Bell, smashing market forecasts "by a country mile". Meta…

    Source: Proactive UK - Neutral
  • Published on 07:23 GMT

    FTSE 100 Live: Stock open higher as Rolls, Shell and Rentokil pop...

    8.15am: FTSE starts higher, led by Rolls and Rentokil The FTSE 100 has risen 29 points to 9,166 in early deals.  Top of the leaderboard are Rentokil Initial and Rolls-Royce, both up over 10%. Shell is up 2.3% after its second quarter results too.  7.54am: …

    Source: Proactive UK - Neutral
  • Published on 06:26 GMT

    FTSE 100 Live: Stock to edge higher amid results frenzy from...

    7.15am: FTSE 100 to edge higher as Shell, Rolls, Next report  The FTSE 100 has been called slightly higher on Thursday morning, amidst another frenetic morning of blue-chip company news, and after the US Federal Reserve kept policy on hold overnight and …

    Source: Proactive UK - Neutral
  • Published on 06:46 GMT

    Rolls-Royce helps boost FTSE 100 to new high

    Drax, whose biomass facility in North Yorkshire is the UK’s largest power station, has reported a sharp drop in first-half profits due to lower UK wholesale power prices.Pre-tax profits fell 39 per cent year on year to £281 million.Adjusted profits slipped …

    Source: The Times - Center-right
  • Published on 07:20 GMT

    Business news live: FTSE 100 reaction to Rolls Royce and Shell profits plus Microsoft and Meta shares surge

    Shell beat profit expectations and announce another huge share buyback Let’s start getting around the FTSE 100 firms for the morning then, starting with Shell. The energy giant has posted $4.3bn (£3.2bn) adjusted earnings, which despite being 24 per cent …

    Source: The Independent - Center-left
  • Published on Jul 30, 2025

    Cloud products drive further revenue growth at Sage

    Revenues have grown further at business software giant Sage, despite bosses pointing to global economic uncertainty. The North Tyneside-based accounting and payroll specialist saw total revenue grow 9% to £1.86bn in the first nine months of the year, up …

    Source: BusinessLive - Neutral
  • Published on Jul 30, 2025

    Exclusive: Airwallex to bulk up UK workforce after rapid growth

    Wednesday 30 July 2025 6:00 am  |  Updated:  Tuesday 29 July 2025 3:10 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Airwallex will double its office footprint in expansion …

    Source: City A.M. - Center-right
  • Published on Jul 30, 2025

    Ariana to raise US$9,77m for Zim gold project

    UK-BASED miner, Ariana Resources Plc UK-BASED miner, Ariana Resources Plc, plans to raise about US$9,77 million via a secondary listing on the Australian Securities Exchange (ASX) to help fund its Dokwe Gold Project in Zimbabwe. The capital raise comes a …

    Source: NewsDay Zimbabwe - Neutral
  • Published on Jul 29, 2025

    Carrefour to sell Italian operations to NewPrinces Group 

    ITALY – Carrefour has entered into exclusive negotiations with Italy-based NewPrinces Group for the sale of its entire operations in Italy, marking a significant move in its strategic realignment initiated earlier this year.   The planned divestiture …

    Source: Food Business Africa Magazine - Pending
  • Published on Jul 29, 2025

    Canal+ Revenue Falls 3.3% To $3.6B But Says Earnings On Track; ‘Paddington’ Company Raises $330M

    Canal+ has posted half-year revenue of €3.08B ($3.57B), down 3.3% year-on-year on a reported basis, but is telling shareholders earnings are expected to get a “significant” increase in H2. The Paris-based TV and film giant, which listed on the London Stock …

    Source: Deadline - Neutral
  • Published on Jul 28, 2025

    Trump Threatens Tariffs as Saudis Top Russian Oil Import Charts

    RIYAHD, SAUDI ARABIA—The Kingdom of Saudi Arabia (KSA) was revealed as the single largest purchaser of Russian seaborne fuel oil and vacuum gasoil (VGO) by data released from the London Stock Exchange Group (LSEG) this week, with analysts pointing to …

    Source: Law Enforcement Today - Pending
  • Published on Jul 26, 2025

    India-Maldives, Renewable energy, and CBAM

    Syllabus: Preliminary Examination: Current events of national and international importance Mains Examination: General Studies-II: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests Story continues …

    Source: The Indian Express - Center-left
  • Published on Jul 24, 2025

    The JSE 100 000 points milestone that broke our market table

    Remember Y2K? The Business Maverick team certainly does now. As eagle-eyed readers might have noticed, there was something wonky (sorry, it was just wrong) with the market report in our newsletter this morning.  The FTSE/JSE All Share Index (ALSI) was …

    Source: Daily Maverick - Neutral
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  • Published on July 31, 2025 - 06:00 GMT

    Endeavour Reports Strong H1-2025 Results

    NEWS RELEASE – LSE & TSX: EDV All amounts in US$ ENDEAVOUR REPORTS STRONG H1-2025 RESULTS H1 production of 647koz at AISC of $1,281/oz • H1 Free Cash Flow of $514m • Record dividend of $150m OPERATIONAL AND FINANCIAL HIGHLIGHTS On track to achieve …

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  • Published on July 31, 2025 - 06:03 GMT

    Shell announces commencement of a share buyback programme

    Shell plc    Shell announces commencement of a share buyback programme July 31, 2025 Shell plc (the ‘Company’) today announces the commencement of a $3.5 billion share buyback programme covering an aggregate contract term of approximately three months (the …

    Distribution channels: Media, Advertising & PR ...
  • Published on July 31, 2025 - 06:00 GMT

    Valeura Energy Inc.: 2024 Sustainability Report Released

    SINGAPORE, July 31, 2025 (GLOBE NEWSWIRE) -- Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Company") announces the release of its 2024 Sustainability Report.  Dr. Sean Guest, President and CEO commented: "Our 2024 …

    Distribution channels: Energy Industry ...
  • Published on July 31, 2025 - 06:00 GMT

    Shell Plc 2nd QUARTER 2025 HALF YEAR UNAUDITED RESULTS

                                    SHELL PLC  2nd QUARTER 2025 AND HALF YEAR UNAUDITED RESULTS                                                                   SUMMARY OF UNAUDITED RESULTS Quarters $ million   Half year Q2 2025 Q1 2025 Q2 2024 %¹   Reference …

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