Market Buzz
16 May
Market buzz: New calls for Big Four break-up, Grayling to confirm East Coast rail deal

1600: Shares of Smurfit Kappa are down after US rival International Paper says it will not go "hostile" in its attempts to take over the company.

16 May
Wednesday newspaper round-up: Carillion, Amazon, Thomson Reuters

Carillion collapsed as a result of “recklessness, hubris and greed” among directors who put their own financial rewards ahead of all other concerns, according to an excoriating report into the firm’s demise that spreads the blame between board members, the government, accountants and regulators. The company, which managed huge construction projects and provided government services ranging from school meals to prison maintenance and NHS cleaning, slumped into insolvency in January.