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London midday: Stocks little changed in lead-up to Christmas
London stocks were broadly flat on Tuesday as volumes were thin in the lead-up to Christmas.
NetScientific appoints Google alum Foad Dabiri CEO of Wanda
Healthcare intellectual property company NetScientific said it had appointed Google alum Foad Dabiri chief executive of its San Francisco-based portfolio company Wanda, with immediate effect.
Scientific Digital Imaging to buy Astles Controls Systems for £3.44m
Scientific Digital Imaging is to buy Astles Controls Systems, a manufacturer of chemical dosing systems, for £3. 44m as part of its buy and build strategy, and will also raise £3. 1m in equity.
Europe midday: Stocks rise as state bailout looms for Italy's banks
European equity markets were higher on Tuesday, gaining on news that a state bailout for Italy’s beleaguered banks was on the horizon.
Oakley Capital to buy portfolio of European property websites
Bermuda-based Oakley Capital Investments is to buy a portfolio of European property websites.
EasyHotel buys long leasehold site in Sheffield city centre
EasyHotel has conditionally acquired the 999-year leasehold of part of the building at 57-65 High Street in the heart of Sheffield’s city centre for the development of a new hotel, subject to planning permission.
Asia report: Most markets higher, China falls on capital concerns
Markets in Asia finished mostly higher on Tuesday, although China and Hong Kong ended lower as concerns were raised over capital outflows from the People’s Republic.
UK retail sales jump in December but growth to slow in new year
UK retail sales grew more than expected in the year to December, with volumes rising at their fastest pace since September last year, according to the latest survey from the Confederation of British Industry.
Vislink says trading in line with board's FY expectations
Shares in Vislink are up almost 8% as it confirmed it was trading in line with directors' expectations for the FY.
US pre-open: Stocks to tick up, Dow edging closer to 20,000
US stocks looked set to tick just a touch higher at the open, with the Dow edging ever closer to the 20,000 mark in holiday-thinned trade.
Spitfire Oil's auditors question mineral-resource carrying value
Spitfire Oil Ltd's auditors say they are unable to obtain enough evidence to support the directors' assessment that the recoverable amount of the mineral resources asset is at least equal to its carrying value.
Canaccord reiterates 'hold' rating on Petrofac
Canaccord Genuity on Tuesday reiterated a ‘hold’ rating on Petrofac but raised the target price to 900p from 850p.
Total to buy 23% of Texas-based Tellurian to develop gas project
French oil giant Total will acquire around 23% of Texas-based Tellurian Investments at $5. 85 per share, or $207m, to develop an integrated gas project.
Arian Silver discovers two major veins at Los Campos
Arian Silver Corporation reported evidence of the presence of two major vein systems on its wholly-owned Los Campos project on Tuesday.
1Spatial to deliver FY loss, sells Avisen business
AIM-listed spatial data company 1Spatial warned on Tuesday that it now expects to deliver an adjusted loss for the full year to the end of January 2017 due to slippage in a number of contracts.
Eurozone current account surplus widens in October
The current account surplus in the eurozone widened in October, according to figures released by the European Central Bank on Tuesday.
Uber could be set for third quarter losses of $800m
Ride-hailing company Uber Technologies could post losses of as much as $800m for the third quarter of 2016, as the company continues to feel the impact of its costly price war with rival Didi Chuxing in China.
MX Oil gains permission from Grenada to explore boundary between Trinidad, Tobago
Oil and gas investor MX Oil signed a memorandum of understanding with the Grenadian government to explore in the maritime boundary between Trinidad and Tobago.
Amerisur Resources buys stakes in Colombia oil sites
AIM-listed oil and gas explorer Amerisur Resources has bought the remaining 50% stake in an oil block and a new working interest in a Colombia site from Talisman Colombia Oil & Gas, for an undisclosed fee.
Deutsche Bank ups Aldermore target price, sees further upside
Deutsche Bank upped its price target on challenger bank Aldermore to 257p from 194p as it reiterated its ‘buy’ rating on the stock.