The music streaming service, which counts Coca Cola, Goldman Sachs and Fidelity among its investors, has reportedly started talks with investment banks over an initial public offering.

Bank-backed BGF has taken a minority stake in TCC, which provides consultancy services to the UK's financial services industry.

Leeds spin-out performs below expectations on recent IPO on AIM.

Susan Searle, former chief executive of Imperial Innovations, joins the board of UK-listed defence development group Qinetiq.

Ruselectronics plans to launch a business incubator as part of a $35m, three-year investment plan.

The fuel cell developer, which has received funding from investors including defunct Russian oil company Yukos, has secured $63m from Singapore's sovereign wealth fund.

Geolocation platform KitLocate has been purchased by Russian internet company Yandex for an undisclosed sum.