1. HSBC sells Canadian arm to RBC for £8.3bn, signals bumpers shareholder returns
HSBC Holdings PLC (LSE:HSBA) suggested shareholders will get some bumper returns after it agreed to sell its Canadian business to Royal Bank of Canada (TSX:RY) for CA$13.5bn with the deal expected to complete in 2023.
2. Sony steps up metaverse offering with Mocopi motion capture device
Using six coloured ‘pucks’ attached to your limbs and head, Mocopi connects to a mobile application downloadable on Android and iPhone devices.
3. FTSE 100 closes in the green
On Tuesday, the UK's top share index closed nearly 38 points higher, or 0.51%, to stand at 7,512.
4. Caracal Gold agrees US$10.5mln pre-paid gold deal to finance Kilimapesa expansion
Caracal Gold PLC (LSE:GCAT) was up 35% on Tuesday, after announcing it has arranged non-dilutive financing through a pre-paid gold purchase deal to expand production at its Kilimapesa mine in Kenya.
5. BT Group PLC pay respite may be short-lived, warn analysts
Jefferies analyst Jerry Dellis said the “respite could be short-lived” as the next pay review is scheduled for September 2023, “so negotiations will be getting underway again just as BT is issuing FY24 guidance”.