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Indonesian start-ups Gojek and Tokopedia have agreed to a merger worth $18bn that will create the biggest privately held technology start-up in south-east Asia.
European shares were mostly lower on Monday, albeit only slightly, as the UK lifted more Covid-19 pandemic restrictions, despite worries about the India variant of the virus.
London stocks closed in negative territory on Monday, as worries about the Indian variant offset cheer over the easing of Covid-related restrictions in England.
Analysts at Berenberg raised their target price on paving firm Marshalls from 740. 0p to 790. 0p on Monday, stating the group was "continuing to deliver".
Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced “promising” new data from its ongoing bexmarilimab ‘MATINS’ study on Monday, reporting combined headline data from 141 evaluable patients enrolled in the completed first part and the ongoing second part of the study.
Lithium-focussed exploration and development company Kodal Minerals updated the market on exploration on its Cote d'Ivoire gold assets on Monday, confirming that it had secured two drill rigs for the Nielle Project in the north of the country.
Waste-to-energy gasification technology company Eqtec announced the acquisition and planned recommissioning of a 1MWe waste-to-energy plant in Italy on Monday.
Homebuilder confidence in the US was steady in May despite growing concerns over the price and availability of most building materials, prompting calls for import tariffs on them to be lifted.
Manufacturing sector activity in the jurisdiction of the Federal Reserve Bank of New York's slipped a bit last month, the results of a closely-followed survey revealed.
