Market Pulse
Global oil inventory levels reach record high
The level of excess oil has hit a record high, according to the International Energy Agency (IEA).
US close: Stocks drop amid Fed speak, mixed economic data
Hawkish comments from another US rate-setter weighed on equities amid mixed economic data, with retailers bearing the brunt of selling and a widely-followed gauge of stock market volatility moving sharply higher.
Amazon to launch next day grocery service in UK
Online retailer Amazon has launched its next-day grocery delivery service that will offer 4,000 products ranging from food to household items.
Sunday share tips: Just Eat, Gym Group, emerging markets
Avoid Middle Eastern stock markets, said Questor in the Sunday Telegraph. The falling oil price has ratcheted up risks, with a sharp dive last week sending Dubai's benchmark index down 13% in 2015, while Saudi's Taduwal is down 15% to a two-year low with recent concerns about the government credit downgrade and $100bn deficit. The region's banks and property companies, all reliant on the oil sector wealth, have come under extended pressure and their use of US debt markets is likely to come back to bite as the strong dollar makes repayments tougher.
Sunday newspaper round-up: Paris reaction, banking fallout, HBOS, Rolls
Analysts and strategists have predicted European and Asian stock markets will fall sharply but not lead to a major crash on Monday amid fears that the terror attacks in Paris will hurt Europe’s economic recovery. European markets are expected to lose 2% when trading begins, with the French market likely to bear the brunt of the sell-off and the euro losing ground against the dollar and pound, according to reports from the Sunday Times and the Observer. A dive in the French economy could force the European Central Bank (ECB) to accelerate further stimulus measures.
Greece comes to agreement with creditors on a number of reforms
Greece has been able to agree a number of reforms with its Eurozone creditors, a statement released on Sunday announced.
Markets set to open lower after Paris terror attacks
Stock are expected open firmly in the red on Monday following the terrorist attacks by militants on Friday evening, with commodities pricing also predicted to be affected.
Gatwick says it won't be the end of its expansion plans if government supports Heathrow
Gatwick has announced that it will go ahead with plans for a second runway, regardless of whether it receives government backing for the move.
Travelodge sale could reach £1.5bn as US firms compete to be top bidder
The sale of Travelodge could fetch as much as £1. 5bn, it was reported over the weekend.
Major BT investors speak out about future of Openreach
Some of BT's biggest investors have spoken out about the possible split of Openreach from the rest of the telecoms giant.
ECB identifies €1.74bn capital shortfall after assessment of nine banks
The European Central Bank (ECB) has identified a shortfall totalling €1. 74bn at five of the nine banks its has been assessing between March and November.
Rolls-Royce chief 'planning job cuts and restructuring'
Engineering giant Rolls Royce is planning to axe hundreds of middle-management jobs in a bid to cut costs in the wake of its fifth profit warning in two years.