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.
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.
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.
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.
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.
Feargal Mooney will step down as chief executive officer of hostel-focused online booking platform Hostelworld in June after 10 years in the role and will be replaced by Expedia executive Gary Morrison.
Sears rallied on Monday after saying it is initiating a formal process to explore the sale of its Kenmore brand, home improvement products business and parts direct business.
London's FTSE 100 was down 0. 1% in afternoon trade on Monday, although Paddy Power got a late boost following a ruling from the US Supreme Court.
IWG was the darling of the FTSE 250 on Monday as the stock surged 22% on news late Friday it had received an approach from private equity group Lone Star and two separate indicative proposals from Starwood and TDR regarding a possible cash offer for the business.
US futures pointed to a positive open on Wall Street on Monday as worries about a trade war between the US and China eased.
Specialise ‘internet of things’ (IoT) investment company Tern has raised £0. 7m before expenses through an unconditional placing of 3,783,784 new ordinary shares, it announced on Monday.