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London close: Stocks extend gains helped by lower pound
Stocks extended the positive run from the end of last week on Monday, as global trade concerns were shrugged off as political worries around Italy and Spain appeared to ebb away.
US close: Markets end higher as traders shrug off global tensions
US stocks finished in the green on Monday, as traders apparently brushed off ongoing global trade tensions.
Government to sell 7.7% RBS stake
The UK government confirmed that it has begun the process to sell a near-£2. 6bn chunk of its stake in Royal Bank of Scotland.
Tuesday preview: Services surveys, Brexit talks, AO World results
Tuesday is the day for services purchasing managers' index reports, with the UK joined by China, a host of eurozone economies and the US, while the latest round of Brexit talks will kick off in Brussels.
Europe close: Analysts play it safe on Italian shares
Stocks were mostly higher at the start of the week, amid upbeat comments from some pundits regarding the staying power of the current bull market for stocks.
Virgin Money seems sold on deal as CYBG sweetens offer
CYBG, the owner of Clydesdale and Yorkshire Bank, has upped the price of its proposed takeover approach for rival Virgin Money, which has agreed to push back the bid deadline as talks progress.
Canaccord slashes recommendation for Hunting to 'hold'
Analysts at Cannacord Genuity on Monday downgraded their recommendation for shares of Hunting from 'buy' to 'hold', citing valuation.
Broker tips: Millennium and Copthorne Hotels, National Grid, Hunting
With the financial performance of Millennium and Copthorne Hotels remaining mixed, with some regions delivering substantial growth while others struggle due to a combination of market conditions and a lack of investment, analysts at Berenberg saw fit to trim their target price on the firm.
Stanley Gibbons appoints chief executive from majority stakeholder Phoenix
Stamp dealer Stanley Gibbons Group announced on Monday that non-executive director Graham Elliott Shircore has been appointed as its chief executive.
Director dealings: Intermediate Capital directors dispose of £4.5m worth of shares
Benoit Durteste, chief executive chief investment officer of London-listed asset manager Intermediate Capital Group, disposed of 238,723 ordinary shares in the firm on Monday.
UK to formally propose time-limited extension of current customs union this week
Westminster will propose to Brussels a time-limited extension of the current tarriff arrangement with the European Union this week, Bloomberg reported citing two persons familiar with the government's plans.
Venture Life expands markets for UltraDEX and Myco Clear
Consumer self-care company Venture Life updated the market on its UltraDEX and Myco Clear brands on Monday, confirming the launch of UltraDEX at Lloyds Pharmacy in the UK from 18 June.
Egdon and partners buy out Celtique Energie at Wressle
Egdon Resources announced the acquisition of an additional 5% interest in PEDL180 and PEDL182, which contain the Egdon-operated Wressle oil discovery and Broughton North Prospect, from Celtique Energie Petroleum on Monday.
Chariot secures ocean rig Poseidon to drill one firm and one optional well
Chariot Oil & Gas has secured the ocean rig Poseidon, a sixth-generation deepwater drillship, to drill one firm and one optional well, it announced on Monday.
LandSec-Sainsbury's JV sells Birmingham retail park development
A joint venture between Land Securities and Sainsbury's sold Selly Oak Shopping Park in Birmingham for £94m to an investment buyer.
Bayer to axe Monsanto brand after $63bn deal
Bayer said it would axe the Monsanto name after the $63bn acquisition of the US agri-food company.
Silence Therapeutics chief executive Mortazavi steps down
RNA therapeutics developer Silence Therapeutics announced on Monday that its chief executive Ali Mortazavi will leave the company with immediate effect after a six year stay.
US open: Strong start on the Street as investors shake off concerns over trade war
US stocks opened higher on Monday with traders seemingly brushing off ongoing global trade tensions.
UniCredit in talks to merge with Société Générale
The boss of UniCredit, Italy's biggest bank, is working on the idea of merging with France's Société Générale, according to the Financial Times.
Oil prices dip as US production climbs to record rate
Oil prices fell on Monday after US oil production achieved record highs and organization of the petroleum exporting countries (OPEC) members considered bolstering their supplies.