Market Pulse - Europe
IMF improves forecasts for world growth in 2018 and 2019 to 3.9%
The IMF maintains its growth prediction for the UK in 2018 at 1. 5% but cuts its forecast for 2019 by one tenth of a percentage point, to 1. 5% as well.
Europe close: Periphery stocks outperform amid sovereign debt upgrades
Periphery stocks outperformed on Monday, following sovereign debt upgrades for Greece and Spain, amid news that delegates from Germany's SPD party voted to start formal talks with the CDU/CSU on creating a grand coalition in the country.
SMEs will suffer most from Brexit, study reveals
Innovative and export oriented firms and SMEs operating in high-tech and service-related industries will be the most negatively affected by Brexit, according to research.
London close: Sterling strength saps stocks
London's top flight index sagged a little as France's Prime Minister, Emmanuel Macron held out the possibility of a bespoke trading arrangement for the UK after Brexit, boosting the value of the pound, and with bookmakers under the cosh amid speculation the government is planning a £2 maximum stake on betting machines.
ADM makes bid for Bunge, Glencore seen lying in wait
US grain merchant Archer Daniels Midland (ADM) has proposed a takeover of New York-based agribusiness Bunge, a move that could potentially set off a bidding war with rival Glencore.
British economy strong enough to survive Brexit, says former Goldman Sachs economist
The UK was likely to fair better than many forecasts had suggested, with the benefits of global growth in the next few years said to "easily dwarf" any blows as result of it leaving the EU, according to former Goldman Sachs economist Jim O'Neill.
Director dealings: Taptica boss offloads 1.65m shares
Hagai Tal, chief executive officer of AIM-listed marketing solutions firm Taptica International, sold 1. 65m ordinary shares in the company on Monday, pocketing almost £7. 5m in the process.
Numis expects multiple further deals from Ocado over medium-term, reiterates 'buy'
Analysts at Numis reiterated their 'buy' recommendation and 600p target price on shares of Ocado on Monday, telling clients that the grocery retailer's just announced deal with Sobeys was a "further convincing endorsement" of its platform and that it expected multiple further deals over the medium-term.
Europe midday: Periphery stocks lead gains after debt upgrades
Periphery stocks are pacing gains following sovereign debt upgrades for Greece and Spain, amid news that delegates from Germany's SPD party voted to start formal talks with the CDU/CSU on creating a grand coalition in the country.
Europe open: Stocks little changed, politics in focus
Stocks are little changed at the start of trading as traders digest news of the US federal government shutdown over the weekend, as well as the decision taken by delegates from Germany's SPD party to start formal talks with the CDU/CSU on creating a grand coalition.
French would also vote to leave EU if asked same question as Britons, Macron says
In an interview on BBC One's The Andrew Marr Show, French president Emmanuel Macron said that, if given a similar "yes or no" opportunity, France would likely vote to leave the European Union.
BofA-ML forecasts peak oil demand for 2030
Rapid adoption of electric vehicles will see global demand for oil peak by 2030, analysts at Bank of America-Merrill Lynch forecast.