UK songs fund tunes up to treble in size. Hipgnosis Songs Fund (SONG) to expand into US and expects to have raised £2bn in two years
HSBC Holdings (HSBA) forced to close Hong Kong branches after protests. Territory’s largest bank came under fire after account used to raise funds for demonstrators closed
Tullow Oil (TLW) shares drop on doubts over commercialising oil well. Stock hit as FTSE 250 group says amount of oil discovered is less than expected
Capita (CPI) to invest in tech start-ups in shift away from outsourcing. Company takes stakes in 5 new ventures as part of strategic overhaul