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Mexican central bank to stay on sidelines with inflation low
Low inflation in Mexico will keep the country's central bank on the sidelines, some analysts said.
TUI rallies as Deutsche says it expects strong summer
Tour operator TUI was top of the leader board on Monday as Deutsche Bank expressed confidence that the company would enjoy a strong summer.
FTSE 100 movers: Forecasts lift TUI while iron send miners plunging
The FTSE 100 was just above the waterline in afternoon trading on Monday, having retraced earlier gains as oil prices slipped back.
FTSE 250 movers: G4S gains on update; Centamin drops on dowgrade
London’s FTSE 250 index was up 0. 5% to 16,725. 87 in afternoon trading.
Director dealings: Xaar CEO makes small show of support
Xaar chief executive Doug Edwards has increased his stake in the printer inkhead technology group fresh from setting out his long-term strategy and receiving some ringing endorsements from analysts.
Forbidden Tech raises funds to boost sales team, cuts costs
Forbidden Technologies has agreed to raise a net £1. 2m from a discounted institutional placing to invest in its sales growth.
Majority of business chiefs would rather the UK remain in the EU
The number of business supporting that Britain remain in the European Union increased slightly in April, the results of a survey showed.
IMF warns Denmark over potential housing bubble
The International Monetary Fund was warning Denmark of the need to avoid a housing bubble this week, as the Scandinavian country approached the four-year anniversary of implementing negative interest rates.
Panama Papers: New Zealand revealed as a tax haven
New Zealand - the collection of sparsely-populated islands in the South Pacific, better known for its sheep and excessively-traded currency than for being a tax haven - was implicated at the heart of the Panama Papers on Monday.
Douwe Egberts owner gobbles up Krispy Kreme to add to coffee stable
Iconinc US doughnut maker Krispy Kreme has agreed to a $1. 35bn takeover by JAB Beech, the powerful investment company owned by Germany’s reclusive Reimann family that already owns brands ranging from Douwe Egberts to Jimmy Choo.
Freeport-McMoran to sell Tenke copper stake to China Molybdenum
Freeport-McMoran has agreed to sell its interest in TF Holdings to China Molybdenum for $2. 65bn in cash.
Botswana Diamonds to carry out more drilling on Gope licence
Botswana Diamonds said on Monday that it will shortly begin a large diameter drilling (LDD) programme on one of its licenses in the Gope region to establish the grade and quality of diamonds it knows to be present.
Total moves into electric batteries with EUR 950m Saft acquisition
Oil and gas conglomerate Total announced a “friendly” offer for fellow French firm Saft this week, in a bid to expand its interests in sustainable energy and electricity.
LendingClub slumps as CEO resigns after internal review
Shares in LendingClub tumbled in pre-market trade after the peer-to-peer lending company announced the resignation of its chief executive and chairman Renaud Laplanche following an internal review of sales of $22m in near-prime loans to a single investor.
Broker tips: EasyJet, Restaurant Group, Tullow Oil
RBC Capital Markets upgraded EasyJet to ‘outperform’ from ‘underperform’ and lifted the price target to 1,500p from 1,450p.
Dollar/yen strengthens following BoJ minutes
The Japanese yen weakened on Monday afternoon after the minutes of the Bank of Japan's last policy meeting revealed policy-makers were split about the costs and benefits of employing negative interest rates.
Asia report: Markets mixed as oil surges ahead
Markets in Asia ended Monday mostly mixed, with oil prices rallying on the shock departure of Saudi oil minister Ali al-Naimi and supply shortages in Canada.
Stagecoach-Virgin face open access competition on East Coast train line
Bad news for Stagecoach and Virgin Trains emerged as a report commission by the Office of Rail and Road backed proposals to introduce 'open access' competition to the east coast main line between London and Edinburgh.
US economy on track to grow by 2.5% in 2016, Fed's Evans says
A top US rate-setter reiterated a moderately upbeat view on that country's economy, highlighting a recent increase in the so-called labour force participation rate.
ECB's Constancio warns of need to offset low productivity, weak demographics
The euro area economy is on the mend but the medium-to-long term challenges facing the currency bloc are daunting, the vice president of the European Central Bank said.