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Lord Adair Turner rejoins Oaknorth as digital bank mulls IPO

Sunday newspaper round-up: Israel tanker, John Lewis, OakNorth

An Israel-affiliated chemical tanker was hit by a drone allegedly launched from Iran in the Indian Ocean on Saturday, the US Department of Defence said. The Liberia-flagged Chem Pluto was struck at around 10am (local time) in the Indian Ocean, nearly 200 nautical miles from India's western coast of Veraval in Gujarat, the Pentagon claimed. It added that the one-way attack drone was launched from Iran. – The Independent

LXi REIT ups dividend despite net asset value fall

LXi REIT PLC on Thursday reported a decline in net asset value, noting higher interest rates set by the Bank of England. The London-based commercial real estate investment trust said net asset value.

LXi REIT property valuation falls; rent collection hits 100%

LXi REIT PLC on Monday said its property valuation fell in the past six months, amid higher interest rates and inflation. The London-based commercial real estate investment trust updated shareholders.

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