Market Pulse
Respite for high street as retail footfall rallies in May, BRC-Springboard shows
A rise in UK retail footfall in May provided some rare good news for the embattled sector, as the best monthly high street performance for three years outweighed a decline for shopping centres.
Europe midday: Markets hit lows amid Brexit fears
Stocks in Europe were seriously down in Monday morning trading, hitting two-month lows, as increasing concerns about the risk of Brexit weighed on equities.
Pound plunges to two-month low as Brexit bets mount
The pound continued to fall on Brexit fears on Monday morning as further evidence pointed towards growing momentum behind the 'Leave' campaign 10 days before the EU referendum on 23 June.
Asia report: Fed jitters and Brexit fears send markets lower
Markets in Asia finished sharply lower on Monday, with a number of central bank meetings this week sending jitters through the market, along with mounting fears of Brexit ahead of the UK’s vote on its membership of the European Union.
Numis downgrades Johnson Matthey to 'hold' from 'add'
Johnson Matthey’s rating was downgraded to ‘hold’ from ‘add’ but its target price was raised to 3,138p by Numis after the company reported its full year results.
Europe open: Markets jittery over Fed, Brexit fears
European markets had a touch of the jitters on Monday morning, with all indexes sliding ahead of the US Federal Reserve’s June meeting later in the week and with ten days to go until Britain’s European Union referendum.
London open: Stocks fall on Brexit fears
UK equities declined on Monday as concerns over a possible Brexit grew ahead of next week’s European Union referendum.
Walmart could appoint China boss as Asda CEO
American retail giant Wal Mart Stores could be finalising plans to name its China boss Sean Clarke as the new chief executive of its UK business Asda, it was reported on Monday.
London pre-open: Risk-off for stocks amid busy central bank week
London stocks were being called lower on Monday morning, continuing the sell-off from last week as a storm of uncertainty sees Brexit worries mingle with monetary policy meetings from UK, US and Japanese central banks this week.
Orlando attack: Shooter pledged allegiance to IS
The man behind the mass shooting in Orlando, Florida made mention of the so-called Islamic State in a call with emergency services during the attack on Sunday, it has emerged, but details about his links with the terror organisation were still not clear on Monday morning.
DoJ files antitrust findings on UBM sale of PR Newswire
Specialist trade publisher and events company UBM reached milestone in its sale of PR Newswire on Monday, with confirmation that the US Department of Justice has filed its proposed settlement under the Hart-Scott-Rodino Antitrust Improvements Act.
Inmarsat forms maritime partnership with SpeedCast to resell Xpress services
Inmarsat has formed a partnership with maritime broadband specialist SpeedCast International to roll out the satellite company's new Global Xpress (GX) service to around 2,000 vessels in five years.
Monday newspaper round-up: BHS, Sports Direct, Sky, National Grid
Retail tycoon Mike Ashley has opened a new front in the war of words surrounding the fate of BHS, claiming there is still time to save thousands of jobs as he made a third approach for the collapsed department store chain once owned by rival billionaire Sir Philip Green. However, people briefed on the process dismissed Mr Ashley’s interventions as a publicity stunt at a time when his Sports Direct retail group faces damaging revelations surrounding its treatment of contract workers.