International News
US tariffs on EU cars adds downside risk to a slowing economy
President Trump will decide within weeks whether to impose tariffs on European cars, a decision that would surely harm an already slowing Eurozone economy.
First EU elections poll shows surge for far-right, but center-right still dominant
Centre-right parties are expected to again come out in front from the European Union parliamentary elections due to be held between 23-26 May, but the Continent's far-right parties will make fresh inroads, according to the results of a survey.
Europe close: Shares eke out slight advance on trade optimism
Stockmarkets on the Continent finished the Monday session sporting slight gains on the back of optimism around the possible outcome of US-China trade talks and amid ongoing speculation that the European Central Bank might be set to ease policy further shortly.
Norwegian Air lower after heavily discounted rights sale
Norwegian Air stock fell around 15% on Monday after offering to sell new shares at a third of the then current market price to raise around NOK3bn (£269. 6m) in fresh funding.
Honda to shut down Swindon car plant putting 3,500 jobs on the line
Honda is set to announce the closure of its car plant in Swindon in 2022 which could potentially leave 3,500 workers unemployed.
Asia report: China leads surge across region
It was green across most of the board in Asia on Monday, with the region led by a surge on the Chinese bourses, as investors kept a close eye on ongoing trade discussions between the US and China.
MPs call for urgent tightening of regulations on social media companies
A parliamentary committee has published its final report following an investigation into 'fake news', accusing Facebook of knowingly breaking privacy and competition laws and calling for stricter regulations to be imposed urgently.
New TLTRO loans for banks must have a monetary justification, ECB officials say
Two European Central Bank officials who spoke over the weekened appeared to be trying to temper market expectations, to varying degrees, for additional policy easing.
'Big progress' being made in US-China trade talks
Donald Trump said trade talks with China had been "very productive" over the weekend as his team returned from Beijing and prepared for another round of negotiations.
US close: Financials outperform on trade talk optimism
Shares on Wall Street finished higher on Friday as investors considered the prospect of more Sino-US trade talks next week.