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04 Mar
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FTSE 100 movers: BP boosted by upgrade; Ocado slumps

London’s FTSE 100 was down 0. 7% at 7,632. 56 in afternoon trade on Monday.

04 Mar
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JetBlue, Spirit Airlines agree to terminate $3.8bn merger agreement

JetBlue and Spirit Airlines said on Monday that they have agreed to terminate their $3. 8bn merger due to regulatory challenges.

04 Mar
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Vista Outdoor rejects $2.9bn takeover offer from MNC Capital

Vista Outdoor said on Monday that it had rejected a $2. 9bn takeover offer from MNC Capital as it undervalues the business.

04 Mar
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London midday: Stocks extend losses ahead of Budget

London stocks had fallen further into the red by midday on Monday, with caution in the air ahead of this week’s Budget.

04 Mar
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Renalytix surges on takeover approach

Renalytix surged on Monday after saying it had received an unsolicited takeover approach from "a large and well-capitalised publicly listed strategic diagnostics company".

04 Mar
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Macy's surges as Arkhouse and Brigade lift takeover offer

Macy's shares surged in pre-market trade on Monday after the department store retailer said that Arkhouse Management and Brigade Capital Management had lifted their takeover offer the company to $6. 6bn.

04 Mar
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Jefferies upgrades BP to ‘buy’

Jefferies upgraded BP on Monday to ‘buy’ from ‘hold’ and lifted the price target to 570p from 520p.

04 Mar
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Frasers buys online bike retailer Wiggle out of administration - report

Mike Ashley’s Frasers Group has reportedly bought online bicycle retailer Wiggle out of administration.

04 Mar
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Ryanair traffic jumps 5% in February

Budget airline Ryanair reported a 5% jump in February passenger numbers on Monday.

04 Mar
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London open: Stocks edge down as investors eye Budget

London stocks edged lower in early trade on Monday, with caution in the air ahead of this week’s Budget.

04 Mar
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Clarksons posts record full-year profits

Shipping broker Clarksons posted record full-year profits on Monday.

04 Mar
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London pre-open: Stocks seen lower as investors eye Budget

London stocks were set to edge down at the open on Monday as investors turned their attention to this week’s Budget.

04 Mar
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Monday newspaper round-up: Regional divide, retailers, NatWest, Pfizer

Britain’s sharp regional divide is on track to deepen with London’s economy pulling further ahead despite the government’s levelling up promises, according to a report. Ahead of Chancellor Jeremy Hunt’s budget on Wednesday, the accountancy firm EY said it was forecasting stronger economic growth in London and the wider south-east of England than for the rest of the country. – Guardian.