The British communications regulator has switched telecoms suppliers after Virgin Media won a contract to run its network.

The Financial Times headquarters on the south bank of the Thames river is on the verge of being acquired by M&G as part of a deal that will see WPP, the advertising group, move into the building.

Apple is eyeing another bruising session on Monday after two of its suppliers cut their earnings forecasts, in moves that investors interpreted as another sign of softening iPhone demand.

Wall Street began the week on the back foot with the S&P 500 down for the third straight day as a sell-off in Apple and technology shares weighed on US stocks.

The UK company behind Splenda sweeteners has become the latest addition to a growing list of US and global companies to announce price increases across its North American products in an effort to counter higher raw materials and transportation costs.

General Electric feels “a sense of urgency” in selling assets to cuts its debts and strengthen its balance sheet, its chief executive has said.

Suggestions of a sectoral slowdown from senior executives at semiconductor group Infineon Technologies sent ripples through chipmakers’ stocks on Monday, as investors worried the industry might come under further pressure in 2019.

The pound fell by as much as 1 per cent versus the dollar on Monday, as doubts intensified over Prime Minister Theresa May’s ability to win parliamentary support for a Brexit deal she is trying to negotiate with the EU.

Italian government bond yields edged higher on Monday after the country’s budget watchdog said the deficit would be higher than forecast just one day before the government submits its revised draft budget to the EU commission.

US futures were weaker on Monday morning, despite a likely boost to the energy sector stemming from rebounding oil prices after Saudi Arabia opened the door to cutting crude production.

Shares in Europe’s biggest zinc smelting company Nyrstar crashed to a record low on Monday after ABN Amro said they were virtually worthless and advised clients to “abandon ship”.

Struggling Indian carrier Jet Airways reported a $178m loss for the third quarter, as it continued to grapple with higher fuel prices and competitors’ low fares.

Canada’s intelligence service has listened to recordings relating to the death of Jamal Khashoggi, Justin Trudeau said on Monday in a boost to Turkey’s account of the journalist’s death.

Russian-backed breakaway enclaves in Ukraine’s far east announced on Monday that they had elected new parliaments and government leadership in votes on Sunday that Kiev and its western backers condemned as violations of the faltering 2015 Minsk peace agreements.

Theresa May is expected to hold consultations on Brexit with ministers on Monday, after negotiators in Brussels worked into the early hours in search of a breakthrough.

Shares in Interserve plummeted more than 10 per cent to their lowest point since 1985 on Monday, as growing concerns over the UK contractor’s financial health prompted investors to raise their short positions in the company.

The operator of Zurich airport warned on Monday it could see aviation revenues fall by up to 25 per cent in the next regulatory period, if proposals announced by the country’s Federal Office of Civil Aviation (FOCA) are implemented.

Beyond Meat, the US plant based meat start up, has expanded its international footprint by launching its burgers in the UK, selling its chilled and frozen products through 350 stores of Tesco, a leading UK retailer.

The euro has another case of the Monday blues, with the political risk factors it faces darkening as the dollar’s rebound from last week’s lows also gathers pace.

Polymetal, one of Russia’s leading gold and silver miners, has revised down its mid-term production guidance as it continues to sell minor assets, with two deals expected for closure next year, the company’s chief executive officer said.

Germany’s deputy finance minister Jörg Kukies has attempted to placate an EU-US row over Europe’s post-Brexit derivatives trading regulation.

Shares in Italian midsized bank Carige are suspended ahead of a board meeting that is expected to pave the way for €400m of bond issues, a tranche of which could be underwritten by Italy’s largest banks.

Babcock response to speculation and update on trading

Defence contractor Babcock has come out with all guns blazing after coming under attack from “shadowy research firm” Boatman Capital Research.

The Restaurant Group, which owns casual dining brands including Frankie & Benny’s and Chiquito, plans to raise £315m in a heavily discounted rights issue to fund part of its acquisition of Asian-themed chain Wagamama.