1. Invesco launches Metaverse fund
The fund invests in small, medium and large-cap companies focused on next-gen operating systems, peripherals, blockchain networks, interoperability systems and other related technologies.
2. AMC tumbles with Cineworld on the brink
The stock fell to US$10.46, as Cineworld’s potential demise spells bad news for an industry that is already struggling to recover from the pandemic and compete with online streaming services.
3. Pantheon with ‘world class’ discovery in Theta West
Pantheon said the results are "complete accord and supportive" of previous analyses of cuttings from previous work on the acreage on Alaska’s prolific North Slope.
4. FTSE 100 retreats back below 7,500 level
At the close, the UK blue-chip index was 45.68 points, or 0.6% weaker at 7,488.11, above the day’s low of 7,467.56 but well below the session peak of 7,533.79.
5. Drahi gets his 18% stake approved
As BT owns the national broadband network via its Openreach infrastructure arm, the Department for Business, Energy and Industrial Strategy referred the latest 5.9% acquisition for a review on the grounds of national security.