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Tuesday preview: US housing, Aveva in the spotlight
Investors' focus on Tuesday will be on a raft of data covering the US housing sector.

Europe close: Stocks edge higher on low trading volumes
European stocks renewed their push higher at the start of the week helped by gains for technology stocks, albeit on the back of holiday-depleted trading volumes.

London close: Stocks rise, pound stabilises after warning from China
London stocks closed in positive territory on Monday, as the pound stabilised, following a commodity price warning from China which sparked hopes that inflationary pressures might ease.

Spain welcomes UK tourists despite being marked as 'amber' country
Spain is rolling out the welcome mat for UK tourists after officials in Madrid lifted restrictions on travel in a bid to boost the country's economy despite being on Downing Street’s amber list.

Cummins and Iberdrola to roll out 'green hydrogen' power in Spain
America's Cummins has selected Spain for the site of one of the world's biggest green-hydrogen electrolyser manufacturing plants.

FTSE 250 movers: Premier Foods rallies on broker note; Energean falls
London’s FTSE 250 was up 0. 4% at 22,479. 67 in afternoon trade on Monday.

Director dealings: Vivo Energy chief holds onto share awards after they vest
Vivo Energy boss, Christian Chammas, sold some of the shares that had vested under the company's IPO share awards plan, but held on to the remainder.

Sensyne signs second US strategic research deal
Clinical artificial intelligence (AI) Sensyne Health has signed its second strategic research agreement in the United States, it announced on Monday, with the Colorado Center for Personalized Medicine (CCPM), a partnership between nonprofit health system UCHealth and the University of Colorado Anschutz Medical Campus.

Huawei founder seeks company shift to software
The founder of Chinese tech giant Huawei, Ren Zhengfei, called on the company’s staff to seek growth in software and diversify from its hardware operations.

Westmount Energy updates market on Kaieteur Block ownership
Westmount Energy reported on Monday that Hess Corporation has increased its working interest in the Kaieteur Block, offshore Guyana, to 20% from 15%.

Simec Atlantis makes Planning Inspectorate submission over Uskmouth project
Simec Atlantis Energy updated the market on the Uskmouth Power Station conversion project on Monday, reporting that it submitted a ‘statement of case’ (SOC) to the Planning Inspectorate on 21 May.

Consortium led by Vodafone’s Safaricom gets Ethiopia licence award
Vodafone said on Monday that a consortium led by its Safaricom subsidiary has been awarded a licence to operate telecom services in Ethiopia.

Italy - EU close to reaching deal on New Alitalia
Negotiations between the Italian government and the European Union are close to reaching an agreement on setting up a new national carrier from failed airline Alitalia SpA.

US open: Technology leads early gains on Wall Street
Wall Street's main market gauges were moving higher in early trading despite another weekend of wild gyrations in Bitcoin at the weekend and with traders wary that losses might ricochet against other segments of financial markets.

FTSE 100 movers: Miners fall as metals prices drop; Vodafone gains
London’s FTSE 100 was up 0. 1% at 7,026. 00 in quiet afternoon trade on Monday.

Liberty Steel to sell Stocksbridge plant in company-wide overhaul
Liberty Steel Group is to offload a number of its UK plants, including its aerospace and specialist alloys steel business, as it looks to restructure following the collapse of backer Greensill Capital.

Cabot Oil & Cimarex Energy to merge in $17bn deal
Cabot Oil & Gas and Cimarex Energy have agreed to merge to create a $17bn company.

CloudCall trading in line with expectations
Integrated communications company CloudCall updated the market on Monday, reporting that trading for the year so far was in line with its expectations.

Ted Baker says FY results delayed but will meet market views
Fashion retailer Ted Baker reiterated its 2023 financial targets on Monday as it delayed the release of its full-year results due to Covid-related disruption, but said they will meet market expectations.
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