Finablr PLC

Marks & Spencer, Direct Line and Micro Focus will be relegated from London's FTSE 100 index from Sept. 23 following the latest quarterly review, the index operator FTSE Russell said on Wednesday.

Dubai-based Averda International, one of the largest waste management firms in the Middle East and North Africa, is in early discussions with banks about a potential IPO which could value it at up to $700 million, sources familiar with the matter said.

United Arab Emirates-based payment solutions business Finablr <FINF.L>, which listed in London in May, on Tuesday posted a 9.1% rise in half-year group income, saying earnings were at the upper end of its guidance.

Britain's FTSE 100 index is expected to open 4 points higher at 7192.5 on Tuesday, according to financial bookmakers, with futures up 0.1% ahead of the cash market open.

United Arab Emirates-based payment solutions business Finablr, which listed in London in May, on Tuesday posted a 9.1% rise in half-year group income, saying earnings were at the upper end of its guidance.

Voyager Air Limited <IPO-VOY.L> on Thursday put off its plans for an initial public offering on the London Stock Exchange, citing "unfavorable market conditions".

Global share listings hit their lowest level in three years in the first half of the year, with a slowdown in Europe counteracting a stronger U.S. showing where tech giants Uber and Pinterest made their debuts.

Airtel Africa <AAF.L> shares fell as much as 15% on Friday after its London stock market debut, hitting a low of 67 pence ($0.85) against an initial public offering price of 80 pence.

Britain's Trainline bucked a trend of lacklustre European initial public offerings (IPOs) on Friday, as the rail ticketing group's shares jumped as much as 23% on its London market debut.

Trainline's planned share listing on the London Stock Exchange is expected to price at 350 pence per share, the top end of its targeted range, implying a total valuation for the company of up to £1.7 billion, a bookrunner said.

Britain's Trainline plans to list on the London Stock Exchange in June to raise its profile and tap into the growing demand for e-ticketed travel across Europe.

Airtel Africa Ltd, a subsidiary of Indian telecoms group Bharti Airtel Ltd , is considering a stock market flotation in London, it said on Tuesday, part of efforts to expand its data and mobile money services across Africa.

Britain's FTSE 100 index is seen opening 28 points higher at 7,306 on Tuesday, according to financial bookmakers, with futures FFIc1 up 0.39% ahead of the cash market open.

Britain's FTSE 100 index is seen opening 28 points higher at 7,306 on Tuesday, according to financial bookmakers. * HSBC: HSBC Holdings PLC on Monday named Kanakanjan Ray as head of its Financial Institutions Group in Southeast Asia. * FINABLR: Payments and foreign exchange...

Payments and foreign exchange company Finablr plans to use half of the proceeds from its share sale in London earlier this month to expand both organically and via acquisitions, its chief executive said on Sunday.

U.S. payments technology firm Nuvei Corp said it would buy SafeCharge International Group Ltd in an all-cash deal valued at $889 million to expand in the fast-growing electronic payments industry.

Shares in payments and foreign exchange company Finablr fell almost 8% below its listing price in its London market debut on Wednesday, in a sign that investors may have had their fill of fintech flotations in skittish global markets.

Shares in payments and foreign exchange company Finablr slipped in early trading on Wednesday, falling by as much as 5% on its market debut.

United Arab Emirates-based Finablr had to cut the price on its initial public offering as the payments and foreign exchange company faced weak investor demand in jittery markets which also rocked ride-hailing app Uber's Wall Street debut.