LONDON - Shares of the British insurer Aviva declined nearly 5 percent in early trading on Monday after it reached a preliminary agreement to acquire its rival Friends Life Group in an all-share deal worth about 5.6 billion pounds, or about $8.8 billion.
US business outlook in October, meaning its optimism regarding future business activity, has fallen to its lowest level since 2009, says a new report issued by Markit Economics.
LONDON (Reuters) - World stock markets ground their way higher on Monday after a frenetic round of activity at central banks in Asia and Europe showed they are willing to do more to support economic growth and higher inflation.
Fortnum & Mason has reported a surge in profits, buoyed by new outlets and demand for its hampers and caddies of loose-leaf tea.
(Noon): Shares in Petrofac fell by nearly a quarter after the oil and gas services firm issued a profits warning, due to lower oil prices and problems with a project in the Shetland Islands.