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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Oil & Gas

FIVE at FIVE: Musk’s hostile tweets, COPL’s fundraiser, Netflix’s earnings and Rolls-Royce targets mini-reactors for 2029…

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Hostile tweets for a hostile takeover

Elon Musk hinted at a potentially hostile bid for social media company Twitter after making a US$43bn approach to the company last week.

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2. Canadian Overseas Petroleum raises US$13mln

The net proceeds in conjunction with COPL's other financial resources are intended to be used for facility upgrades and drilling activities and for general working capital.

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3. All eyes on Netflix’s subscription numbers

Investors will be worried about subscription numbers as Netflix unveils its first-quarter results after hours on Tuesday, the first of the FAANG companies to update the market this earnings season.

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4. Footsie finishes below par

The FTSE 100 index closed the Tuesday session 15.10 points, or 0.2% lower at 7,601.28, albeit nearer the session peak of 7,624.90 than the day’s low of 7,565.81.

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5. Rolls-Royce’s min-reactors could fuel Britain by the end of the decade

The UK government backed Rolls' SMR plans with £210mln out of a £500mln funding round in November that also included the Qatar sovereign wealth fund.

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Let’s take a look at some of tomorrow’s news

Updates from Tesla, Rio Tinto, Bunzl and many more...

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK