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Tesla raises $1.2bn in shares, convertible debt sale as Model 3 sedan launch nears
Electric-vehicle maker Tesla Inc. has scooped up $1. 2bn in a capital raising of common shares and convertible debt, as it nears the launch of its Model 3 sedan.
US consumer sentiment picks up more than expected in March
Consumer sentiment improved more than expected in March, according to the preliminary reading from the University of Michigan.
FTSE 100 movers: Banks boosted by broker notes; Hikma drops again
London's FTSE 100 was up 0. 2% to 7,430. 06 in afternoon trade, with broker notes playing their part in the action.
Adgorithms wins 'significant' wellness-focused customer
Adgorithms, the creator of artificial intelligence marketing platform ‘Albert’, announced a significant new customer win on Friday.
Frontier IP raises £3m in placing to accelerate growth
Frontier IP has raised gross proceeds of £3m through the placing of 7. 5m ordinary shares at 40p each.
Rose Petroleum recovers some value-added tax owed to it in Mexico
Shares in Rose Petroleum are up almost 4% after after recovering some of the substantial IVA (value added tax) owed to it by Mexican tax authorities.
Bars set for St. Patrick's Day boost as beer sales flow higher
The luck of the Irish will be present across bars and pubs on Friday as landlords toast the weekend with an increase in beer and other alcoholic drinks sales.
Cerillion wins €2.4m telecoms contract
Billing, charging and customer relationship management software solutions provider Cerillion announced that it won a major new contract with an initial value of €2. 4m with a wholesale telecoms operator in Europe.
Bob Diamond and Qataris to buy City broker Panmure Gordon
Stockbroker Panmure Gordon has agreed to be bought by Atlas Merchant Capital - the private equity firm of former Barclays boss Bob Diamond - and Qatari investment vehicle QInvest for around £15. 5m in cash.
Natixis upgrades RBS as investment thesis reaches turning point
Natixis upgraded its stance on Royal Bank of Scotland to 'buy' from 'reduce' as it lifted its price target by 29% to 289p, saying the investment thesis is reaching a turning point.
CyanConnode to raise £3.2m to invest in radio mesh network
CyanConnode, a maker of narrowband radio mesh networks, is planning to raise about £3. 2m in order to cover costs for growth and the integration of its technology with its partners.
Broker tips: Prudential, Centrica, Weir, Capita
JP Morgan Cazenove has upgraded Prudential to ‘neutral’ from ‘underweight’ and lifted the price target to 1,705p from 1,450p.
London midday: Stocks edge higher at the end of busy week
London stocks were edging higher by midday on Friday, with the blue-chip index chugging towards the intraday high hit in the previous session.
HSBC downgrades Centrica on political risk, concerns about new businesses
HSBC has downgraded Centrica to 'reduce' due to political risk surrounding the energy company over calls for self-regulation and concerns over its new business ventures.
EU fines air cargo carriers EUR776m for price-fixing cartel
European Commission antitrust regulators have fined 11 air cargo carriers including IAG's British Airways, Air France-KLM and Qantas a total of €776. 5m for operating a price–fixing cartel.
US reportedly apologises to UK over Trump spy claims
The US has reportedly made a grovelling formal apology to the UK over claims that it used British intelligence services to spy on Donald Trump during the 2016 presidential campaign.
Ortac Resources says Sturec project re-issued underground mining licence
Shares in Ortac Resources are up almost a third, albeit off a low base, after it confirmed subsidiary ORTAC s. r. o has been re-issued with an underground mining permit for the Sturec Gold Project in Slovakia.
Europe midday: Stocks slightly higher as investors eye G20 finance ministers meeting
European stocks were slightly higher on Friday as investors eyed a meeting of G20 finance ministers, while the euro dipped following fresh gains made overnight.
UK's GCHQ dismisses Trump spy claim as 'utterly ridiculous'
Britain's intelligence agency has dismissed as “utterly ridiculous” White House claims that it helped to spy on Donald Trump during last year's US presidential campaign.
UK housing minister entices housebuilders with personal pledge
UK housing minister Gavin Barwell told housebuilders to see him personally if they were having trouble finding land in Britain on which to construct.