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Europe open: Markets flat on oil cuts; Viaplay crashes
European shares made a muted start to the week as investors eyed the impact of rising oil prices after major producer Saudi Arabia said it would cut output, while shares in Viaplay crashed amid the departure of its CEO and an outlook downgrade.
FTSE 250 movers: Asos in fashion on bid talk; Dr Martens out of step on Barclays downgrade
Asos is reportedly on bid alert after the online fashion retailer received a £1bn approach from a Turkish company backed by Chinese giant Alibaba.
Boots, BA, BBC staff hit by cyber attack on payroll provider
The personal details of thousands of British Airways, BBC and Boots may have been stolen after a suspected Russia-linked cyber attack on the firms' payroll systems provider, according to a media report on Monday.
UK May car registrations rise 16.7%
New car registrations rose 16. 7% in May, according to industry figures released on Monday, but are still lower than pre-Covid pandemic levels.
Europe midday: Oil cuts weigh, while Viaplay shares crash by 60%
European shares were drifting on Monday as investors eyed the impact of rising oil prices after major producer Saudi Arabia said it would cut output, while shares in Viaplay crashed amid the departure of its CEO and outlook downgrade.
Eurozone May final PMI falls to 52.8 vs flash 53.3
Eurozone services activity fell in May, according to final survey readings released on Monday.
Mondi terminates $1.17bn Russian plant sale
UK paper and packaging maker Mondi on Monday said it was terminating a $1. 17bn sale of its largest Russian plant to an investment vehicle owned by a Russian billionaire due to a "lack of progress" in getting he required approvals.
Germany posts surprise trade surplus rise in April
Germany reported an unexpected month-on-month trade surplus rise in April after an increase in exports, according to official data published on Monday.
Diageo appoints Debra Crew interim CEO after Menezes emergency surgery
Drinks giant Diageo has appointed Debra Crew as interim chief executive after outgoing CEO Sir Ivan Menezes underwent emergency surgery on a stomach ulcer over the weekend.