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Michael Hennessey
Verified
Business Reporter, Alliance News
London
Beats
Biography
Business reporter at Alliance News. Former intern reporter at Bloomberg News, where I wrote exclusive stories on the global equities market and the European technology sector. Ex Editor-in-Chief of Varsity, Cambridge University's independent student newspaper. Bylines in Bloomberg News, The Times, The Telegraph, The Sunday Mirror and the Warrington Guardian. Cambridge History graduate - specialised in 20th century British and Irish social history and the history of American journalism.
Content
By Michael Hennessey Verified| SharePrices.com@ (Alliance News) - East Star Resources PLC on Tuesday said its pretax loss narrowed in 2024 despite higher administrative costs as it faced lower impairments. The Kazakhstan-focused copper exploration and resource development company said its pretax loss narrowed to GBP1.1 million in 2024 from GBP1.5 million in the previous year. Administrative expenses increased 95% to GBP1.4 million from GBP710,000, while impairment costs fell to GBP62,000 from GBP1.1 million in 2023.
By Michael Hennessey Verified| MarketScreener Verified (Alliance News) - Regent Acquisitions 2025 Ltd on Tuesday said it has made an offer to buy Inspired PLC, in a transaction valuing the company at GBP109.4 million. Inspired is an Isle of Man-based energy and sustainability advisor. Regent Acquisitions has made an offer to acquire the entire issued and to be issued share capital of Inspired not already held by any member of the wider Regent group.
By Michael Hennessey Verified| MarketScreener Verified (Alliance News) - Admiral Group PLC on Tuesday said it has agreed to sell its US motor insurance business to private investment firm JC Flowers & Co for an undisclosed fee. The Cardiff, Wales-based general insurer said the deal includes Elephant Insurance Company and Elephant Insurance Services. Admiral said the cash consideration represents the approximate net asset value of Elephant, before customary adjustments and transaction and related expenses.
Company Info
Alliance News
'+1 330-821-1200
Founded: 1888