News by: Himanshu Singh
And Redrow swoops on ailing house builder Bovis as former Wolves owner Steve Morgan tables £3 billion deal with scandal-hit rival.
And BT has sealed a deal to legally separate its network unit, Openreach, from the rest of the company.
And oil prices plunge as US shale surge overwhelms oil market while Opec splits deepen.
Johnson & Johnson was up 1.5% after Jefferies raised its price target on the healthcare conglomerate's stock.
And SoftBank to sell 25% of Arm to Saudi-backed $100bn Vision Fund.
A sharp drop in energy stocks offset gains in financials and drug stocks.
And Saudis lose patience on OPEC cheating, lash out at 'irresponsible' anti-fossil campaign.
Financial shares also decline, pulled lower by losses in Wells Fargo and JP Morgan.
And investors question Standard Life and Aberdeen’s co-CEO plan as all-share deal seem to be more favourable to Aberdeen.
Investors are grappling with the likelihood of an interest rate hike by the Fed at its meeting next week.
And Deutsche Bank chief reveals €2 billion worth of asset sales and reverses decision to sell Postbank unit.
South Korean stocks decline, while equities in Australia and Hong Kong gain.
And Chancellor’s £60 billion Brexit fighting fund to pay for social care.
And Volkswagen emissions scam ‘means early death for thousands in Europe’.
And LafargeHolcim yesterday admitted “unacceptable” measures had been taken to keep its Syrian plant open.
Weak financials dragged on the market and Caterpillar shares fell following news that federal officials searched its Illinois facilities.
The “Cheesegrater”, the tallest building in the City of London, has been sold to a Chinese property tycoon for £1.15 billion.
Banks were the biggest gainers amid heightened expectations that an improving economy will lead to higher interest rates.
And Sir Philip Green puts £363 million into pension fund of collapsed retailer BHS after threats to strip his knighthood.
Utilities and consumer staples were the two of the three S&P 500 sectors that gained.