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.
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.
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.
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.
Investors in life science research tools supplier Abcam were told that the new financial year had started “positively” on Tuesday, as they gathered for the company’s annual general meeting.
London’s FTSE 250 was up 0. 5% to 19,879. 84 in afternoon trade on Tuesday following the release of the latest inflation figures.
Standard&Poor's downgraded its rating on the long-term debt of Venezuela after the Caribbean country missed $200m of coupon payments on already outstanding debt, even as Caracas prepares to attempt a restructuring of its foreign debt pile.
Food price inflation breaking through to a four-year high has helped supermarket sales in recent weeks, with Sainsbury’s and Tesco both enjoying a strong period of growth, according to surveys released on Tuesday.
Dearer services prices pushed factory gate inflation past economists' forecasts last month.
Specialist independent financial advisor and asset manager Frenkel Topping updated the market on its trading for the current financial year on Tuesday, reporting that its performance in the year to 31 October has been “significantly ahead” of the same period in 2016, and was broadly in line with expectations.