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Gannett raises bid price for rival Tribune, offers 99% premium
Publishing group Gannett upped the ante in its bid to acquire rival Tribune Publishing Company, raising the amount of its all-cash offer for the entire company by 22. 4% to $15. 00 per share.
BBC and ITV plan 'Britflix' paid streaming service to rival Netflix
Plans by the BBC to team up with ITV and possibly other broadcasters to set up a subscription streaming service have received encouragement from the government.
US pre-open: Stock futures mixed as oil prices rise, China data disappoints
US stock futures were mixed on Monday as oil prices jumped but Chinese data came in worse than expected.
Another sales slide expected at Asda
Big-four grocer Asda is expected to come under pressure this week, with forecasts for another big dip in sales at the retailer as its other large rivals appear to be in recovery.
Europe midday: Stocks trim losses amid light trading volumes
European markets were slightly off their lows of the session come midday, with gains in the price of oil and other commodities helping to offset caution on global growth prospects following a spate of weaker than expected data out of China over the weekend.
Pfizer to splash USD5.2bn cash on eczma group Anacor
Pfizer has agreed to acquire Nasdaq-listed Anacor for $5. 2bn cash ahead of potential regulatory approval for its crisaborole dermatitis treatment.
Norway sovereign fund to sue Volkswagen over emissions scandal
Norway's massive sovereign wealth fund is to sue car maker Volkswagen over its cheating on emissions testing, the Financial Times reported.
London midday: Stocks fall as China data misses forecasts
London stocks slid on Monday after worse-than-expected Chinese data added to worries about the health of the world’s second largest economy.
Rail, mail and the public sector on strike this week
Rail, mail and the public sector are set to be affected by strike action this week, with three separate strikes planned.
Sky, Vodafone, TalkTalk press for Ofcom to separate BT from Openreach
Telecoms regulator Ofcom should force BT Group to further separate its Openreach infrastructure arm for the good of the industry, according to a letter from media and telecoms groups including Sky, Vodafone and TalkTalk.
South Korea accuses Nissan of emissions cheat on Qashqai model
South Korea has accused car maker Nissan of fitting devices to its Qashqai diesel models to cheat emissions tests.
Numis reiterates 'add' rating for British Land
Numis reiterated an ‘add’ rating and target price of 770p for British Land after the company reported its full year results.
Asia report: Most markets start week higher
Markets in Asia were mostly higher at close on Monday, as traders brushed off disappointing data released at the weekend in China.
Goldman Sachs shifts WTI forecasts after sudden halt in glut of oil
Over the weekend analysts at Goldman Sachs bumped up their forecast for the price of West Texas Intermediate in the second half of 2016 from $45 a barrel to $50.
Barclays to sell bullion vault to China's ICBC
Barclays has agreed to sell its London precious metals storage business to China's ICBC Standard Bank.
Asking prices for homes in England and Wales reach record high in May
Asking prices for homes in England and Wales have reached a record average of £308,151 in May, according to a report on Monday.
CBI tims UK GDP forecasts for 2016 and 2017
Global economic risks and uncertainty ahead of the 23 June referendum on membership of the European Union were beginning to weigh on investment plans in the UK, leading the Confederation of British Industry to downgrade its forecasts for growth in 2016 and 2017.
Tullett Prebon reveals declining profits at ICAP acquisition assets
Tullett Prebon has revealed that the voice broking and other businesses it hopes to soon acquire from Icap produced 8% lower revenue and profits down 16% in the year to 31 March.
O2 could be subject of management buyout
Mobile operator O2 could be the subject of a management buyout, with chief executive Ronan Dunne said to be milling the £8. 5bn prospect after a planned deal with Three owner CK Hutchison fell through at the EC competition regulator stage.
British Land full year NAV up as market confidence holds
Full year underlying profits at British Land rose to £363m from £313m driven by successful leasing activity and lower financing costs, while net asset value jumped to 919p from 829p.