International News
Deutsche Bank to list €700bn asset management arm
Deutsche Bank has confirmed its plans to list its DWS asset management unit on the Frankfurt stock exchange.
Europe close: Early gains stick ahead of Sunday votes in Italy, Germany
Early gains for stocks on the Continent stuck, as investors took note of last Friday's advance on Wall Street which appeared to easily offsetting uncertainty ahead of the Italian parliamentary elections scheduled for the following Sunday.
US open: Wall Street opens firmer as rising interest rate fears recede
Trading in US stocks started on a firmer footing on Monday as investors on Wall Street shook off worries about the recent inflation picture and rising interest rates while thumbing through a slew of data releases ahead of Jerome Powell's first testimony as Federal Reserve chairman.
HRG and Spectrum Brands announce $10bn merger
Shares in consumer products company HRG Group picked up as much as 6. 29% in early trading on Monday after announcing that it had reached a $10bn merger agreement with Wisconsin firm Spectrum Brands.
US Supreme Court handicaps Trump's 'dreamer' plans
The US Supreme Court dealt a blow to the Trump administration on Monday as it declined to take up a lawsuit concerning the citizenship status of the children of illegal immigrants, known as 'dreamers'.
US new home sales slump in January
Sales of new US single-family homes unexpectedly fell in January, according to official figures released on Monday.
US pre-open: Stocks seen higher as investors eye Powell testimony
US futures pointed to a firmer open on Wall Street on Monday as investors eye a slew of data releases and Jerome Powell's first testimony as Federal Reserve chairman.
Corbyn's U-turn on customs union could spell danger for May
Jeremy Corbyn's speech on Monday, where he was set to outline his party's shadow Brexit policy, could see the Labour leader pave the way for a mutiny within Conservative ranks, led by a small number of pro-Europeans in Theresa May's cabinet, potentially derailing the PM's strategy if he was to echo sentiments made by his MP's and senior spokesmen of Labour lending their support to a post-Brexit customs union with the EU.
Asia report: Markets higher after Wall Street surge
Markets in Asia finished mostly higher on Monday, following solid gains from US bourses on Friday, with stocks in mainland China leading the charge.
Chinese steel futures surge on report of output curbs
China's top steel-making hub, the city of Tangshan, is set to propose new curbs on output in a bid to reduce pollution once the current measures in place expired in March, Reuters reported citing a draft document.
House prices in China's largest cities fall in January
New home price gains in China accelerated last month even as those in the country's major cities registered their first decline in over two years.
Weinstein company to file for bankruptcy after sale talks collapse
The Weinstein Company is set to file for bankruptcy in the following days after talks to sell assets to an investor group collapsed.
Starbucks first coffee chain to trial 5p "latte levy"
Starbucks will be the first UK coffee chain to trial a 5p "latte levy" on takeaway paper cups in a bid to wean clients off of their use.
US close: Stocks jump as some investors dial back expectations for Fed tightening
Stocks jumped higher at the end of the week after what some observers described as a less hawkish than expected semi-annual policy report to Congress from the US central bank.