Market Pulse
Mirland Development to list in Tel Aviv as part of bondholder settlement
Mirland Development Corporation announced on Friday that it has satisfied a further procedural condition precedent to the settlement plan between the company and the holders of its Series A-F bonds.
Article 50 Brexit case will not be appealed to EU court, says Gina Miller
The result of a government appeal against a judicial ruling that it could not trigger Brexit without parliamentary consent will be the last word on the matter, according to the fund manager who first brought the issue to court.
Internet of things start-up Sigfox raises €150m
French internet of things start-up Sigfox has raised €150m to expand internationally, gaining heavyweights such as Total and Salesforce as new investors.
Botswana Diamonds narrows loss with chairman hungry for development
Botswana Diamonds posted its preliminary results for the year to 30 June on Friday - another year of nil revenue, though it did manage to narrow its losses.
Europe midday: Stocks dip in anticipation of Fed rates move
Stocks fell as investors mull the prospect of a rate hike from the Federal Reserve, with basic resources under the cosh.
Tesla shareholders approve controversial SolarCity merger
Shareholders in innovative car-maker Tesla Motors have approved the acquisition of solar energy company SolarCity, despite many expressing reservations about the deal.
US pre-open: Stocks set for muted open ahead of more Fed speak
US futures pointed to a muted open on Wall Street as European shares fell into the red, while the dollar backed off highs, having rallied after Federal Reserve chair Janet Yellen hinted at a rate hike next month.
President Energy expects $55 per barrel of oil in Argentina
Oil and gas explorer President Energy said it expects to receive about $55 per barrel of oil sold in Argentina until the end of 2016, with a price drop "probable" next year.
UK asset managers breath sigh of relief after 'benign' FCA probe
The financial watchdog is planning a tougher clampdown on UK asset management companies as it feels the sector has enjoyed big profits for many year by not competing very hard on prices and fees, though analysts said the industry will breathe a sigh of relief at the lack of bite from the report.
Venn Life Sciences completes £4.74m Innovenn sale
Drug trial company Venn Life Sciences has completed the sale of its stake in Innovenn UK innovation unit to Integumen for up to £4. 74m that will see it retain a majority stake as the newly created skin science company looks to float on AIM.
New India Investment Trust performing in line with index
New India Investment Trust posted its half-yearly financial report for the six months to 30 September on Friday, with total shareholder funds up 28. 1% to £259. 9m.
Provexis says partnership will widen use of Fruitflow
Developer of the Fruitflow heart-health functional food product, Provexis, announced on Friday that the company's alliance partner for Fruitflow, DSM Nutritional Products, has entered into a strategic collaboration agreement for Fruitflow with BY-HEALTH Co, a substantial listed Chinese dietary supplement business.
GCP Infrastructure raising £60m in placing
Infrastructure investment fund GCP Infrastructure announced a placing of new ordinary shares under its placing programme on Friday.
Agriterra narrows loss despite beef difficulties
African agricultural company Agriterra announced its audited final results for the year to 31 May on Friday, with a group loss for the year from continuing operations - which excludes the results of the discontinued cocoa operations - of $7. 68m, down from $8. 21m.
Asia report: Markets mixed as Abe meets Trump
Markets in Asia finished mixed on Friday, with Japan putting in a stellar performance as its domestic markets finished on an 11-month high as the yen retreated to much weaker levels.
Jimmy Choo revenue grows, on track for full year
Luxury retailer Jimmy Choo reported revenue growth for the second half on Friday and said it was on track to deliver full-year underlying profits in line with expectations.
BofA Merrill upgrades St James's Place to 'buy'
Bank of America Merrill Lynch upgraded St James’s Place as it took a look at the insurance sector on Friday, reversing some of its post-Brexit conservatism in the wake of a significant rise in bond yields.
ITM Power gains permission to build Beaconsfield hydrogen station
ITM Power, an energy storage and clean fuel company, has been granted planning permission from South Buckinghamshire District Council to construct a hydrogen refuelling station at oil behemoth Royal Dutch Shell’s filling station in Beaconsfield.
Flybe flies higher on HSBC upgrade to 'buy'
HSBC upgraded Flybe to ‘buy’ from ‘reduce’ and lifted the price target to 55p from 20p, saying the company is in a substantially better place that it previously thought.
Cape warns of increased risks from asbestos litigation claims
Although its full year results are likely to beat market expectations, shares in Cape have fallen to their lowest in seven and a half years as the industrial services group warned of "increased risk" of adverse impact from industrial disease litigation claims over its old asbestos factory.