News

Activist investor Cat Rock Capital has cut its stake in Staffline Group Plc by more than half, an official filing showed on Monday, less than a month after the British recruiter swung to a 2018 loss as it booked a charge for potential fines for underpaying workers.

* Shares down 72% since the start of the year (Adds detail from statement, background, bullet points)

French bank Natixis said on Monday that it was not in talks over a possible takeover offer for Coface, the credit insurance subsidiary in which Natixis has a stake of around 41.7%.

The European Union is set to block some countries from accessing parts of the bloc's financial market for the first time, an EU document seen by Reuters showed, a step that will ring alarm bells in Britain in the run up to Brexit.

Recruiter SThree Plc posted an 18% rise in half year pretax profit, bolstered by strong international hiring as it battles a significant slowdown in its British home market. The company, which hires employees for financial, energy, banking and pharmaceutical companies, said adjusted pretax profit for the half year ended May...

Metro Bank confirmed on Monday it was in talks on the sale of a loan portfolio, as the lender faces pressure to show it has turned the corner after a major loan book error wiped more than 1.5 billion pounds ($1.87 billion) off its market value.

After weeks of speculation that interest rate cuts and another round of asset purchases are on their way, investors hope Thursday's European Central Bank meeting will give the clearest signal yet of imminent policy easing, if not the details.

* Frenzy draws attention away from main board (Adds background, additional investor comments)

Indian shares fell to their lowest since mid-May on Monday, dragged by banking bellwether HDFC Bank Ltd after it reported a slowdown in loan growth and a hit to asset quality.

Trading in crude oil options and futures surged last week as market participants prepared for Mexico's annual oil hedging program, in which the country buys as much as $1 billion in contracts to protect its oil revenues.

Read More