Market Pulse
AA signs three-year deal with Lex Autolease
One in ten fleet cars in the UK were due to be serviced by the AA from January, following an announcement on Monday of a major new B2B contract.
Diageo offloads major wine interests
Diageo was ringing in 2016 on Monday with the completion of the sale of its major wine interests.
Monday newspaper round-up: Saudi/Iran, Shire, retailers, LLoyds
Saudi Arabia on Sunday severed ties with Iran in the escalating dispute over the execution of a Shia cleric by Riyadh and the consequent storming of the Saudi embassy in Tehran. As the diplomatic crisis between the regional rivals escalated, Saudi foreign minister Adel al-Jubeir told a news conference that Iran’s diplomatic mission and related entities in Saudi Arabia had been given 48 hours to leave. He said Riyadh would not allow the Islamic Republic to undermine the Sunni kingdom’s security.
RSA Insurance completes sale of Italian business
RSA Insurance has completed the sale of its business in Italy to ITAS Mutua following the receipt of regulatory approval.
London pre-open: Stocks seen lower after disappointing China data
London stocks are set to open lower on the first trading day of 2016, taking their cue from a dismal session in Asia, where the Shanghai Composite fell nearly 7% after weak Chinese factory data.