News by: Himanshu Singh
Investors sold stocks in a move to avoid risk as the crash stoked concerns that the conflict in Ukraine might widen.
And the UK competition regulator is set to recommend a full-blown inquiry into small business lending and current accounts.
And unemployment fell last month as Britain's economy added jobs at an unprecedented pace, according to official figures.
Time Warner Inc shares surged 17.1% after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.
And David Cameron will attempt to seize control of one of Europe’s top economic portfolios after his most sweeping cabinet reshuffle in four years.
And BlackBerry's US-listed shares plunged 4% after the bell following news that IBM will partner exclusively with Apple to sell iPhones and iPads.
Citigroup shares surged 3% and gave the S&P 500 one of its biggest boosts.
And Shire succumbs to £31 billion takeover offer from US rival AbbVie.
And Portugal’s central bank has ordered the immediate appointment of a new chief executive and other board members at Banco Espírito Santo.
Japan’s Topix index rose 0.3%, while Australia’s S&P/ASX 200 Index added 0.5% in morning trade.
And Sports tycoon Mike Ashley will this week announce a leap in profits at Sports Direct as he prepares to embark on a ‘blitz’ of acquisitions.
And Shire Pharmaceuticals has confirmed it has held talks with US rival AbbVie after the American firm proposed combining the two drug makers in a £30 billion deal.
Concerns about the financial health of Portugal's top listed bank fuelled demand for haven assets.
And US regulators are suing Amazon over accusations that the e-commerce giant unlawfully billed parents for unauthorised digital purchases made by their children.
Shares rebound after Fed minutes showed policymakers have started to detail how the central bank will end its easy monetary policy.
And the BBC has offered to let its commercial competitors bid for hundreds of millions of pounds in programming budgets.
And UK economic recovery suffered a setback yesterday with May seeing the biggest monthly fall in manufacturing output for 16 months.
The Nasdaq slipped the most in two months as investors turned cautious before the start of earnings season.
And Anglo American has agreed to sell a 50% stake in UK joint venture Lafarge Tarmac to its French partner Lafarge for £885 million.
Cyclical stocks, which are tied to the pace of economic growth, ranked among the weakest of the day.