International News
Rio Tinto no longer blacklisted by Norwegian wealth fund
Norway’s $1tn wealth fund has removed UK miner Rio Tinto and retailer Walmart from its blacklist, possibly paving the way for future investments in both companies.
Europe close: Stocks end lower despite news on M&A front
Stocks across the Continent finished off their worst levels of the session, helped by news of multiple multi-billion dollar corporate deals on both sides of the Atlantic which helped to offset investors' concerns around the geopolitical situation in the Middle East and global trade.
US open: Tensions in the Gulf and weak consumer confidence drive stocks south
Wall Street headed south at the open as tensions between Washington and Tehran continued to build and on the heels of some much weaker-than-expected consumer confidence data.
US consumer confidence falls back in June on Mexico tariff fears
US consumer confidence took a big hit in June and inflation expectations soared, according to the results of a widely-reported survey, likely due to the impact on sentiment from the White House's announcement of tariffs on Mexican exports.
US new home sales fall more sharply than expected in May
New home sales in the States slid last month, alongside a drop in prices.
US house price inflation cools further in April
US house prices edged past forecasts in April even as the annual rate of price gains added to evidence of an ongoing slowdown, although some economists believed prices might be close to hitting bottom.
Asia report: Most markets lower ahead of Trump-Xi meeting
Markets in Asia took a tumble on Tuesday, as investors digested fresh sanctions placed on Iran by the United States, and looked ahead to a meeting between Donald Trump and Xi Jinping later in the week.
Abbvie snaps up Botox-maker Allergan in $63bn deal
Chicago-based biopharmaceutical company Abbvie snapped up Botox-maker Allergan for roughly $63bn on Tuesday, mostly in cash.
Monzo doubles valuation to £2bn at latest funding round
Digital bank Monzo saw its valuation double to nearly £2bn at its second round of funding which saw it raise £113m in fresh equity from investors led by US-based investment outfit Y Combinator.
Trump hits Iran's supreme leader with latest sanctions
America's campaign of “maximum pressure” on Tehran continued on Monday as President Donald Trump signed an executive order imposing new sanctions on Iranian officials, including the country's supreme leader, Ayatollah Ali Khamenei,.
US pre-open: Stocks set to dip as tensions worsen in Persian Gulf
Wall Street futures were pointing to losses at the open as tensions between Washington and Tehran continued to build.
Crane refutes Circor's claims, insists its offer is 'best option' for shareholders
US industrial products group Crane has hit back at Circor after the control technology company said its unsolicited $45 a share bid was "low value" and "opportunistic".
Cap Gemini snaps up engineering and R&D specialist Altran in all-cash deal
French consultancy group Cap Gemini has inked a deal to buy rival Altran in a bid to build on the two firms' expertise and client base to create a world leader in digital transformation.