Italian shares rallied against after the country's new finance minister indicated Rome was committed to the euro, helping investors to brush off an acrimonious end to the G-7 talks at the weekend, in Quebec.
Trading on Wall Street opened with small gains on Monday ahead of a jam-packed week that includes a historic meeting between Donald Trump and North Korea's Kim Jong Un and a policy announcement from the Federal Reserve.
The White House has confirmed that discussions between the US and North Korea are progressing "more quickly than expected" ahead of Tuesday’s summit in Singapore.
Italian industrial output fell more sharply than expected in April, led by a drop in energy production.
Paris has overtaken London for the first time to become Europe’s second-most attractive destination for foreign investors.
Markets in Asia finished mostly higher on Monday, as investors brushed off any depressed sentiment that might have come out of a less-than-impressive G7 meeting and ahead of a landmark meeting between Donald Trump and Kim Jong-un.
Envision Healthcare looked set to jump at the open on Monday after agreeing to be bought by private equity group KKR for around $9. 9bn in an all-cash deal that includes debt.
Mars Inc announced on Monday that it was making another move into the European veterinary market with the acquisition of AniCura, which has operations in seven countries, for an undisclosed sum.
US futures pointed to a muted open on Wall Street on Monday ahead of a jam-packed week that includes a historic meeting between US President Trump and North Korea's Kim Jong Un and a policy announcement from the Federal Reserve.
Social media companies such as Facebook face further tough European Union privacy regulations that would block them from reading private messages sent between users.