Solo Oil has entered into a convertible loan agreement with institutional investors arranged by RiverFort Global Capital, it announced on Tuesday, for a total maximum commitment of $5m.
Cyclicals were again at the bottom of the pile come Tuesday, amid another batch of weak data out of China and as some top strategists sounded a cautious note on the outlook for the current bull market in stocks.
Wednesday's unemployment and wage data will be examined after trading updates and results from the likes of Barrett Developments, Experian, Great Portland and TalkTalk.
A charity has called for a radical rethink to combat chronic unemployment experienced by the over-50s in the UK.
European stocks yielded on Tuesday as the single currency regain some altitude on the back of a surprisingly strong reading on Germany's third quarter gross domestic product, alongside another burst of weaker-than-forecast Chinese economic data.
London stocks failed to clinging on to positive territory by the close on Tuesday as mining heavyweights slipped on Chinese data and the pound had a mixed day after data showed UK inflation unexpectedly holding steady.
Stocks are again seeing slight losses on Tuesday as some, but not all, of Wall Street's most veteran investors sound a cautious note on the outlook for the current bull market equities.
The Bank of England on Tuesday announced that paper £10 notes, which feature a picture of Charles Darwin, will cease to be legal tender after 1 March 2018.
Information management solutions group IDOX said in a year-end trading statement on Tuesday that it had continued to deliver on its strategy throughout the year ended 31 October, growing both revenues and profits.
"Icarus is flying ever closer to the sun," Bank of America-Merrill Lynch's chief investment strategist said, pointing to signs of 'irrational exuberance' among investors in the investment bank's latest global survey of fund managers.
Steve Munford, non-executive chairman of network security business Sophos Group, sold 750,000 ordinary shares in the firm between 10 November and 13 November, collecting more than £4m in the process.
From the sidelines of the Dubai Airshow, the President of Bombardier Commercial Aircraft, Fred Cromer, together with the CEO of EgyptAir Holding Company, Safwat Musallam, celebrated the signature of a letter of intent for a maximum of 24 CS300 aircraft.
Leading developer and manufacturer of reliable computers for demanding environments, JLT Mobile Computers, entered into a new sales partnership with Datema AB, a full-service provider of complex IT solutions for the Nordic countries.
Leading event marketing and media agency Parallel Media Group announced on Tuesday that David Ciclitira, the chairman of the group, has provided new loans to the group amounting to £83,724 in aggregate.
Africa-focused exploration project generator Altus Strategies and Legend Gold Corp, together, announced on Tuesday the deadline extension for completion of definitive documentation for their tie-up from 14 November to 20 November.
Tech titan Amazon is set to sell part of its cloud computing business in China to partner Beijing Sinnet Technology for over $300m.
Britvic was under the cosh on Tuesday as Shore Capital cut its stance on the drinks maker to ‘hold’ from ‘buy’ ahead of its preliminary results on 29 November.
App distribution software-as-a-service provider AppScatter Group announced on Tuesday that the formal launch of its appScatter platform has been set for 22 November.
Analysts at Morgan Stanley marked down their target price for shares of Inmarsat from 760p to 620p , pointing to expected margin pressures in Government, Aviation and Central Services to justify their decision.
Tesco's controversial takeover of wholesaler Booker has been given provisional clearance by the UK competition authority after an in-depth review, though one analyst bemoaned "what on earth is going on?" and said it could presage other major mergers.