International News
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.
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.
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.
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.
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.
IATA predicts ninth consecutive year of solid financial returns for airlines
The International Air Transport Association (IATA) cut its forecast for airlines' profits on the back of rising labour and interest rate costs, but predicted a ninth consecutive year of solid financial returns for the industry.
US pre-open: Stocks set for higher start as analysts shrug-off trade tensions
US stocks are set to start higher, amid positive remarks from various analysts regarding the possible staying power of the current bull-market and despite ongoing trade tensions.
Weak imports help buoy Greek GDP growth in the first quarter of 2018
Greece's troubled economy expanded roughly twice as quickly as economists had expected during the first three months of the year, despite a sharp drop in investment.
Investor sentiment towards euro area collapses in June, Sentix says
Doubts around the new government in Rome have led investors to downgrade their expectations for euro area growth back to the levels last seen in August 2012, when European Central Bank chief Mario Draghi famously promised to do "whatever it takes" to stem the rout in euro area periphery debt markets.
Asia report: Markets boosted by US jobs numbers
Markets in Asia finished higher on Monday, following a solid sesion on Wall Street on Friday which was fuelled by a better-than-expectations jobs report stateside.
Sentix June
Euro area producer prices slip in April, as energy costs ebb
Factory gate prices in the single currency bloc fell back in April as energy cost pressures continued to ebb.
China warns 'all trade deals are off' if US raises tariffs
China has threatened to withdraw from its previously agreed commitments with Washington to cut its bilateral trade deficit on goods with the US if President Donald Trump moves ahead with tariffs on $50bn-worth of Chinese products.