BowLeven appoints new director
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AIM-listed oil and gas group, BowLeven announced on Friday that Matt McDonald would be appointed to the firm's board as non-executive director with immediate effect.

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Calpine agrees to be acquired for $5.6bn in cash
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Shares of Calpine Corporation surged after news broke that the American power generation company had agreed to be acquired by a consortium led by Energy Capital Partners.

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AppScatter eyes IPO in early September
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AppScatter Group, a mobile app distribution and management platform, is drumming up institutional investor support for a flotation on London's AIM market in early September.

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SRT Marine receives order for largest single deployment of its technology
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SRT Marine Systems, a provider of maritime tracking, management and surveillance products and technologies, announced on Friday it had received an order for 200 AIS Aids to Navigation (AtoN) transceivers for immediate delivery.

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Allied Minds reports good progress across group
Australian Stock Exchange (ASX) by Cimexus (Flickr)

Allied Minds reported good progress had been made across the group in the first half due to a strengthened team capitalising better on its unique position in sourcing new investments, even though the value of its portfolio was unchanged.

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Spending at pubs and restaurants holds up despite consumer squeeze
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Spending in at pubs and restaurants in July held firm at fairly subdued levels in July, according to new research published on Friday that indicates consumers are prioritising certain types of spending.

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Finance director of Safestay and Safeland, Mark Beveridge resigns
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Mark Beveridge, finance director of hostel operator Safestay, as well as property investment group Safeland, has resigned from both firms.

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System1 warns on profits after 'slower than expected' start
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Behavioural marketing services firm System 1 Group issued a profit warning after a slower than anticipated beginning to its financial year had continued through the summer.

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Iconic New York venue extends agreement with Forbidden Technologies
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Video editing specialist, Forbidden Technologies announced on Friday that it had extended an existing agreement with an "iconic sports, music and entertainment venue in New York.

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Red Leopard suspended from trading ahead of reverse takeover
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Red Leopard reported on Friday that it had entered into an assignment agreement with Capital Resources and Sloane Energy as part of a reverse takeover.

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St Modwen inks 10-year lease with Hellman at Staffordshire site
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St Modwen Properties said on Friday it had secured its first letting of the 1m square feet of industrial and distribution space at Burton Gateway commercial business park in Burton-on-Trent.

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GCP to subscribe for £140m in loan notes after Macquarie green bank buy

GCP on Friday said it would be subscribing for £140m in loan notes as part of Macquarie Group's completed takeover of the Green Investment Bank from the UK government.

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Airlines fly lower after Barcelona attack
Avion airplane

Airline stocks took a nosedive on Friday morning as the horrific van attack in Barcelona the previous evening was felt likely to hit tourism to the region.

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Macquarie completes takeover of UK's Green Investment Bank
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Australian financial group Macquarie on Friday said it had completed the controversial £2. 3bn takeover of the Green Investment Bank (GIB) from the UK government.

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Shanta Gold delivers termination notice to Helio Resource
Gold bars

Shanta Gold, has delivered notice to Helio Resource Corp of its termination of the arrangement agreement dated as of 19 June 2017.

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PCG raises £1m in funding through new Riverfort agreement
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PCG Entertainment announced it had successfully raised £1m in funding from a group of investors led by D-Beta One EQ and arranged by RiverFort Global Capital.

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Europe open: Stocks off lows after Barcelona attacks

Stocks have started the session lower, tracking a big drop in US stocks overnight even as traders digest a terrorist attack on Barcelona and an another against a town to its south which was foiled by police.

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Astrazeneca wins wider US approval for Lynparza ovarian cancer drug
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AstraZeneca and Merck have been given approval by the US drug administrator to sell their olaparib ovarian cancer drug, branded Lynparza, in a new tablet form and to a wider range of cancer sufferers.

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TRIG powers to strong half-year profits
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The Renewables Infrastructure Group (TRIG) said interim pre-tax profits powered to £31. 3m from £19. 2m despite lower wholesale energy price forecasts.

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CMA approves Heineken's Punch purchase if 33 pubs are sold
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The UK competition regulator has approved the sale of a swathe of Punch Taverns' pubs to Heineken as long as the Dutch brewer sells .

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