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UBS bullish on RBS's ability to return capital, but cuts target price
Markets were underestimating the ability of RBS to return capital to shareholders and deliver "significant" earnings per share accretion, UBS said.
Kuwait oil production cut by strike
Kuwait's oil company said its daily production was cut by more than half following a strike by public sector workers.
US pre-open: Stocks seen touch weaker after Doha meeting
US futures pointed to a marginally weaker open on Wall Street as oil prices retreated after this weekend’s meeting of oil-producing countries failed to yield an agreement to freeze output.
Mosman Oil & Gas finalising Officer Basin withdrawal
Mosman Oil & Gas announced on Monday it was seeking shareholder approval to finalise its withdrawal from a major early stage exploration project in Australia.
House prices reach record high in April, says Rightmove
The average price of a property coming to the market in England and Wales surpassed £300,000 for the first time in April, according to Rightmove on Monday.
Alinda Funds picks up Energy Assets Group for £198m in cash
Energy Assets agreed to be bought by BidCo, a company wholly-owned by Alinda Funds, for approximately £198m in cash.
NewRiver Retail buys South East London shopping centre, retail park
NewRiver Retail has completed the acquisition of a shopping centre and retail park in Bexleyheath, south east London, for £120. 3m.
Asia report: Markets down after Doha failure, Japan quakes
Markets in Asia started the week lower on Monday, with oil tumbling over the weekend and Japan traders left shaken by a series of fatal earthquakes in the country.
Credit Suisse trims Euro Stoxx 50 year-end target
Credit Suisse trimmed its year-end target for the Euro Stoxx 50 to 3,350 from 3,400 as it modestly scaled back its ‘overweight’ in Continental European equities.
Citi says iron ore prices will fall, downgrades UK metals and mining
Commodity markets were stumbling back to normalcy, Citi analysts said on Monday, but less so in the case of iron ore.
TUI, Thomas Cook rally on Berenberg upgrades
Tour operators Thomas Cook and TUI were on the front foot as Berenberg upgraded its recommendations on both stocks.
Increasing number of voters undecided ahead of Brexit vote, poll shows
Those voters who want the UK to 'remain' inside the European Union continue to outnumber the backers of the option to 'leave' but an increasing proportion of voters say they are undecided, an exclusive poll for The Sun by ComRes revealed.
London open: Stocks fall as oil prices plunge after Doha talks collapse
UK stocks fell on Monday as oil prices plunged after global producers failed to agree on an output freeze to address the supply glut.
Sprue Aegis tumbles at it warns over 2016 and 2017 profit
Shares in Sprue Aegis tumbled on Monday after the home safety products supplier downgraded its 2015 profit expectations.
Europe open: Stocks in the red as oil slides after failed Doha meeting
European stocks dropped in early trade, led lower by energy issues as oil prices slid after OPEC and non-OPEC producers failed to reach an agreement on a production freeze at Sunday’s meeting in Doha.
Stock Spirits CEO Chris Heath steps down
Stock Spirits’ chief executive officer Chris Heath will step down from the role with immediate effect to take early retirement.
Brazil's lower house votes to impeach president Dilma Rousseff
Lawmakers in Brazil's lower house of Congress voted overnight to impeach president Dilma Rousseff in what many hope will lead to a change of course in the country's economic policies, although some observers fretted that social instability might lie ahead instead.
Lack of agreement between producers at Doha sends oil futures sharply lower
The world's largest crude oil producers failed to reach an agreement to freeze their levels of production at January's levels, as Saudi Arabia insisted that Iran - who was absent from the talks - needed to contribute to any deal.
John Menzies CFO Paula Bell leaving for Spirent Communications
Aviation services and print distribution company John Menzies said on Monday that chief financial officer Paula Bell is set to resign from her position to become CFO at Spirent Communications.
Interserve wins $230m defence contract
Interserve was celebrating a major contract win on Monday, having been awarded a five year, £230m contract with the Ministry of Defence’s Defence Infrastructure Organisation to provide facilities services to the United States Air Force’s UK estate.