US trading finished the first trading day of the week in positive territory on Monday, as worries about a trade war between the US and China eased, suggesting that stocks' recent gains were set to continue.
British bookmakers look set to tap into a gambling bonanza across the Atlantic after the Supreme Court gave permission for states to allow sports betting.
1630:Close Shares of bookmakers fared best after the US Supreme Court handed down a ruling allowing New Jersey and other states to legalise sports bets.
European stocks finished off their lows of the session after a top European Central Bank official flagged the need for continued "ample" monetary stimulus, although contrary to expectations no deal on forming a coalition deal in Italy was forthcoming in the afternoon.
A US national security adviser warned on Sunday that European companies who continue to trade with Iran risked being hit by US sanctions after President Donald Trump called for all links to be cut off.
Catering company Compass got a boost on Monday as Bernstein upped the stock to 'outperform' from 'market perform'' and lifted the price target to 1,750p from 1,650p following a recent pullback in the shares and ahead of what it reckons will be a stronger second half.
Early cancer detection firm Oncimmune Holdings announced on Monday that it has launched a liver cancer biopsy in the US using its EarlyCDT platform.
Quim Torra has been elected as the new president of the Generalitat de Catalunya following a second round of voting at midday on Monday, after failing on Saturday to garner the absolute majority (70 votes) needed to be chosen in a first vote.
London stocks drifted a little lower on Monday as the pound rallied against the greenback on Brexit speculation, although serviced office provider IWG stormed ahead on the prospect of a bidding war.
Tech firm Xerox pulled out of its $6. 1bn sale to Japanese company Fujifilm in the last minute after activist investors Carl Icahn and Darwin Deason argued against the deal.
Aerospace behemoth Boeing has signed up Assembrix for its software that will allow it to manage and protect the intellectual property it shares with vendors during the design and manufacturing process.
London's housing industry was facing a "troubling picture" as new build starts and sales growth have fallen at their worst rate since 2012, according to findings from London Central Portfolio's April LCPAca Residential Index, EG's 2018 London Residential Market Analysis and the Office of National Statistics.
Antennas manufacturer MTI Wireless Edge saw revenues dip just 1% in its past trading quarter, but profits decreased considerably as management took the "calculated long-term view" of increasing the level of investments in development and sales.
US trading kicked off to a positive open on Wall Street on Monday as worries about a trade war between the US and China eased, suggesting that stocks' recent gains were set to continue.
Tuesday's schedule contains some big company updates, including Vodafone, easyJet and LandSec, before a UK labour market report that will be scrutinised particularly closely after the Bank of England's recent backpedalling.
Commercial biotechnology firm Allergy Therapeutics on Monday published new data highlighting its technology’s effectiveness as an adjuvant compared to existing treatments.
Verditek announced on Monday that Tim Lord has been appointed as chief financial officer with immediate effect following the news that Janet Donovan will step down from the board on 24 May.
Indivior has reached a settlement to resolve patent litigation it had filed over its Suboxone treatment for opioid addiction against Par Pharmaceutical.
Veteran emerging markets bull Mark Mobius said on Monday that he would "definitely" be interested in investing in North Korea, calling the opportunity presented by recent talks between the isolated nation and its southern neighbour a "beautiful combination".
Semiconductors manufacturer CML Microsystems delivered a "pleasing performance" throughout the second half of its trading year that helped push full-year revenue and profitability ahead of the previous year.