1. Musk sells US$4bn of Tesla shares
The billionaire and Tesla chief executive has made several sales of shares since he launched his US$44bn bid for the social media platform in April and that finally completed two weeks ago.
2. Aviva a mixed bag but dividend attraction remains
Panmure said general insurance was better than predicted, with cost pressures said to be easing in motor insurance and chief executive Amanda Blanc telling media that inflation peaked in the second quarter at 12% and was returning to a range of 8-10%.
3. Marks and Spencer sounds alarm
“We believe that the M&S positioning and the accelerated change underway, give scope for greater resilience and we are very confident the business will emerge with a strengthened market position and prospects for growth.”
4. FTSE 100 finishes in the red as investors focus on US midterm results, inflation data
By the close, the FTSE had lost 10 points to finish at 7,296.
5. Bitcoin and Etheruem spooked by FTX takeover
Bitcoin has evidence of support at the US$17,000 price point, when it last saw a severe dip way back in June.