International News
US close: Stocks end off lows as energy sector lends a hand; trade war fears weigh
US stocks ended mostly down but off earlier lows on Monday as the energy sector lent a hand, with escalating tensions between the US and China undermining investor sentiment.
Europe close: Stocks slip on geopolitical, trade tensions
Stocks on the Continent finished Monday's session in the red, weighed down by concerns that the trade spat between China and the US might be set to escalate and political tensions in Berlin that saw governing coalition partner CSU throw down the gauntlet to Chancellor Angela Merkel on immigration.
Google invests $550m in Chinese e-commerce JD.com
Google said it will buy $550m of shares in Chinese e-commerce company JD. com as part of a collaboration to expand the search behemoth's reach in South East Asia.
NHS extra £20bn funding to come from tax hike says May
Theresa May said the government planned to provide the NHS an extra £394m a week, funded from increased tax contributions.
Deliveroo faces MP inquiry over hiring and working conditions of couriers
Deliveroo couriers's hiring and pay conditions face scrutiny from MPs in the latest gig economy legal case.
US open: US and China tensions send Dow 240 points lower
Wall Street trading began with losses on Monday as escalating tensions between the US and China led to a 240-point decline in the Dow.
May's Brexit plans face Wednesday showdown
The House of Lords is set to vote down the government’s Brexit bill and the “meaningful vote” on Monday setting up a showdown with rebel lawmakers in the Commons on Wednesday.
US housebuilder sentiment drops in June as lumber prices rise
Sentiment among US housebuilders deteriorated in June due to sharply higher lumber prices, according to data released on Monday.
Asia report: Most markets weaker as US-China trade tensions tighten
Most markets in Asia ended their Monday sessions in the red, as investors started their week digesting tightening trade tensions between the United States and China.
OPEC may boost output by between 300,000-600,000 b/d under compromise deal
A number of OPEC countries are optimistic that a compromise agreement on boosting the cartel's output over the next few months can be reached.
US pre-open: Stocks to drop as China-US relations sour further
US stocks looked set for losses at the open on Monday as escalating tensions between the US and China undermined sentiment.
Swedish Democrat Party sets sights on EU referendum
Sweden's third largest party is pushing for a referendum on leaving the European Union within the next four years.
South32 to buy outstanding stake in Arizona Mining for $1.3bn
Australian mining and metals company South32, which was spun off from BHP Billiton, has agreed to buy the remaining 83% of Arizona Mining that it does not already own for $1. 3bn in cash.
China hits US with reciprocal tariffs as media attacks 'fool' Trump
China has retaliated and hit US with $34bn tariffs on over 600 products including whiskey, electrical cars and soy, while state media attacked the US president Donald Trump’s actions.