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India's Flipkart raises $1.4bn in 11th funding round
Indian e-commerce firm Flipkart raised $1. 4bn from tech giants Tencent, eBay and Microsoft.
Wentworth Resources says demand for Mnazi Bay discovered gas reserves firms
Shares in Wentworth Resources are up more than 2% after it said demand for its discovered gas reserves from from Mnazi Bay, Tanzania is firming up.
Small cap news round-up
Shares in Akers Biosciences rose on Monday after the health technology company said it has begun marketing its test for heparin-induced thrombocytopenia (HIT) to some hospitals in Puerto Rico as part of its strategy to accelerate US sales of its product.
VCT fund-raising continued rising last year, AIC says
Venture Capital Trusts raised the second-highest figure ever on record last year, according to industry figures.
Results round-up: Safestay, Cerillion, Highland Gold Mining
Luxury hostel company Safestay has narrowed its full-year pre-tax loss and seen a strong uptick in revenue.
AT&T to acquire Straight Path in all-share deal
AT&T said it would acquire Straight Path Communications in a $1. 6bn all-share deal.
Akers Biosciences gains after targeting sales in Puerto Rico
Shares in Akers Biosciences rose on Monday after the health technology company said it has begun marketing its test for heparin-induced thrombocytopenia (HIT) to some hospitals in Puerto Rico as part of its strategy to accelerate US sales of its product.
Mediclinic sees limited hit from Swiss tariff changes
South African private hospital group Mediclinic International said on Monday that its Swiss platform, Hirslanden, is expected to take a limited hit in 2018 after the Zurich Cantonal Parliament voted not to approve a proposed levy on privately insured patients treated in listed hospitals.
Empiric Student Property's full-year profit slips as NAV, portfolio value rises
Empiric Student Property has posted a rise in first-half portfolio valuation and net asset value per share as its profit for the year slipped.
Share buybacks at Aviva not a joke, Berenberg says
Analysts at Berenberg reiterated their 'sell' recommendation on Aviva shares, arguing that the insurer's balance sheet was overleveraged, its operating profits had been flattered by less prudence on reserves and its prospects for organic earnings growth was limited.
BHP Billiton rebuffs activist Elliott's demands for change
BHP Billiton directors have been urged by activist investor Elliott Management to cancel the mining giant's dual listing alongside a £22bn disposal of its US petroleum business.
Safestay narrows full-year loss after strong uptick in revenue
Luxury hostel company Safestay has narrowed its full-year pre-tax loss and seen a strong uptick in revenue.
Etalon Group starts to sell units at St. Petersburg housing development
Russian housebuilder Etalon Group has started to sell units at its Fusion project in the Vyborgskiy district of St. Petersburg.
Broker tips: AstraZeneca, Hikma Pharmaceuticals
AstraZeneca's strategy of disposals and 'externalising' revenues from selling licensing rights to its drugs will hit revenues and earnings more than the market realises, Jefferies said on Monday, downgrading its rating on the shares to 'hold' from 'buy'.
Rose Petroleum recovers MX$6.01m from Mexico tax authority
Rose Petroleum received a total of MX$6. 01m from the Mexican tax authority (SAT) during March 2017, in relation to its recovery of substantial value-added tax owed to it by that organisation.
Audioboom completes last exercise to buy neuro-linguistics firm
Spoken word audio platform provider Audioboom has completed the exercise of the ‘squeeze-out’ rights available to it in order to buy SONAR News, a neuro-linguistic programming and artificial intelligence company, for £1. 42m.
Asia close: Kospi ends lower after US redeploys carrier strike group to Korea
Asian equities closed on a mixed note at the start of the week, with South Korea's Kospi ending lower after the US diverted a carrier strike group from Australia to the waters around the peninsula.
Shore Capital announces supported living JV
Investment group Shore Capital has announced a new joint venture focusing on real estate opportunities in the supported living sector.
Rio Tinto pays $4bn of tax and royalties in 2016
Mining giant Rio Tinto paid $4bn in taxes and royalties in 2016, taking its total direct tax contributions past $50bn since it first began issuing these details in report form in 2010.
Cape settles litigation with Aviva
Cape said on Monday that litigation brought against it by Aviva has been settled and the claims have been withdrawn with no admission of liability and each party bearing their own legal costs.