Market Pulse
US close: Stocks end higher as energy sector gains after Paris terror attacks
US equities ended higher, with energy stocks pacing the advance as oil prices rallied on geopolitical concerns following the terrorist attacks in Paris last Friday.
Liberty Global to acquire Cable&Wireless in £3.5bn deal
Liberty Global reached an agreement on Monday to purchase Cable&Wireless Communications in a cash and stock deal valuing the carrier at £3. 5bn ($5. 3bn).
FTSE 100 weakness 'unlikely' to signal wider UK economic decline
A 4% fall in the FTSE 100 in the last fortnight, including a six-week low early on Monday, has prompted economists to ponder whether this weakness heralds a new softness to the UK economy.
Sector movers: Travel, airline stocks fall on Paris attacks
Travel, leisure and airline stocks plummeted on Monday, in wake of the Paris terrorist atrocities over the weekend, while natural resource stocks saw a mixed session in London.
Tuesday preview: CPI data due as British Land and Easyjet report
While markets are likely to be less focused on data alone this week in light of the Paris attacks and geopolitical tensions, Tuesday sees the publishing of consumer price inflation in the UK and US.
Ghana's central bank unexpectedly hikes rates
Ghana’s central bank unexpectedly hiked interest rates on Thursday in a bid to tame inflation which remained far above its target.
Premier Oil sells Norwegian business for $120m
Premier Oil has agreed to sell its Norwegian business, Premier Oil Norge AS to Det Norske for $120m (£79m), which will be used to pay down the company’s debt.
Commodities: Metal, oil futures continue to falter
Oil futures headed lower on Monday hounded by oversupply concerns, while metal futures slipped into negative territory over late afternoon trading in Europe.
KazMunaiGas EP faces for new parent buyout offer
KazMunaiGas Exploration Production (KMG EP), the London-listed subsidiary of Kazakhstan's national oil company, could soon come under more control of its parent despite a failed buyout last year.
London close: Stocks hold higher despite grim news
Stocks held up unexpectedly well on Monday despite the news tragic Paris at the end of last week, with investors keeping one eye on the geopolitical news and another on the ebb-and-flow of economic data.
Europe close: Equities edge higher but travel stocks remain under pressure following Paris attacks
Most European stocks reversed early losses and edged slightly higher on Monday, although travel-related stocks remained under the cosh following Friday’s terrorist attacks in Paris.
Fears over sovereign wealth funds pulling assets overblown, Morgan Stanley says
Fears that sovereign wealth funds would pull out of equity markets – say, as some countries tried to shore up their public finances in the face of lower oil prices – and the impact that might have on asset managers and banks were “overblown,” analysts at Morgan Stanley found.
FX Roundup: Dollar up as Japan enters technical recession
The dollar traded higher against a basket of global currencies on Monday, while Japan entered a technical recession.
Kennedy Wilson chief snaps up more shares ahead of quarterly dividend
After announcing a strong third quarter, Kennedy Wilson Europe Real Estate’s chief executive is backing her company to the tune of nearly a quarter of a million pounds.
FTSE 100 movers: AstraZeneca rival's failure helps boost market
The FTSE 100 remained resilient after Friday night’s terrorist attacks in Paris, with the market up 3. 02 points (0. 05%) to 6,121. 30 points mid-afternoon Monday.
Glanbia gobbles up protein bar maker thinkThin
Irish food group Glanbia has agreed to acquire thinkThin, a Los Angeles-based maker of protein bars, for $217m cash.
NMC Health abandons bid for Al Noor Hospitals
NMC Health has abandoned its bid for Al Noor Hospitals, meaning South Africa’s Mediclinic International looks set to clinch a deal with the Abu Dhabi-based healthcare operator.
Clovis Oncology tanks as FDA asks for more drug data; AstraZeneca gets a boost
Shares in Clovis Oncology tanked on Monday after it said the US Food and Drug Administration has requested additional clinical data on the efficacy of its experimental lung cancer drug, rociletinib.
US open: Stocks advance as Wall Street remains undeterred by Paris attacks
US equities pushed higher early on Monday, as Wall Street seemed unperturbed by the choppy session experienced by equities across the world in the wake of the attacks in Paris.
UK companies fear huge skills shortage as baby boomers retire
UK companies fear a major skills shortage in the next five years as a huge wave of baby boomers retire.