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Micro Focus agrees to £5bn takeover by Canada's OpenText
Software maker Micro Focus said it had agreed a £5. 1bn takeover, including debt, by Canadian rival OpenText.
Friday newspaper round-up: Twitter, energy price cap, mortgage rates
Elon Musk may get access to Twitter data used in a 2021 audit of active users but other information the billionaire seeks in a bid to end his $44bn deal to buy the company were rejected as “absurdly broad”, a judge said on Thursday. Twitter must turn over data from the 9,000 accounts sampled in the fourth quarter as part of its process to estimate the number of spam accounts. – Guardian.
US close: Wall Street rises ahead of Powell's speech
Wall Street indices closed in the green on Friday, after a top Federal Reserve official hinted at a possible pause in rate hikes towards the end of the year, and ahead of Jerome Powell’s Jackson Hole speech on Friday.