International News
Saudi makes case for 1.0m b/d cut in crude oil output
Riyadh and its allies should cut their combined output of crude oil in order to balance the market, Saudi Arabia believes, but it remains to be seen if other producers will participate in any reductions.
Barnier says main Brexit framework 'largely defined' - FT
The EU’s chief Brexit negotiator on Monday told ministers from the EU’s remaining member states that the main points of a Brexit deal were ready to present to the UK cabinet on Tuesday, according to The Financial Times.
US open: Losses at the open as oil prices come off highs
Wall Street trading started off with some losses on Monday as oil prices came off their highs and Donald Trump's ongoing war with Silicon Valley weighed on tech stocks.
Asia report: Markets mixed as oil concerns linger
Markets in Asia finished in a mixed state on Monday, amid concern among investors around oil prices and ongoing US-China tension.
SAP snaps up survey software firm Qualtrics in $8bn deal
America’s Qualtrics International has abandoned plans to go public after agreeing a $8bn takeover deal with German enterprise software giant SAP.
SoftBank gets go-ahead for record £16bn mobile flotation
SoftBank is to launch a record-beating stock market flotation, after it won approval to spin out its mobile phone business in a ¥2. 4trn (£16bn) initial public offering.
US pre-open: Stocks set for losses as energy sector in focus
US stocks looked set for losses at the open on Monday as oil prices came off their highs, with volumes likely to be a little lower than usual as bond markets are closed for Veterans Day.
Oil rallies as Saudi Arabia plans output cut
Saudi Arabia has decided rein back its production of crude oil next month, which has lifted oil prices out of their bear-market slump.