Eddie Stobart expects its full-year operating profit to be lower than it initially anticipated and said it is in talks with its lenders as it considers plans to raise new equity.

Aldi, the discount food supermarket, said it plans to more than double the number of stores in the London area to 100 after smaller-format shops proved more successful than expected.

John Cryan is to take over as chairman of Man Group after Ian Livingston announced his intention to quit the world’s largest listed hedge fund group after less than four years in the role.

Shares in crude producers across Asia-Pacific jumped on Monday following an attack on a major Saudi oil installation over the weekend that has temporarily hit half of the Gulf country’s crude output. Meanwhile, emerging Asia currencies and airline stocks fell. 

Growth in industrial output from Chinese factories fell to a fresh low in August, in another sign of how the US-China trade war and slowing economic activity is weighing on the world’s second-biggest economy. 

Oil prices surged on Monday after an attack on Saudi Arabia’s oil infrastructure knocked out half the country’s production over the weekend, while gold climbed and Asia stocks were mixed.

The coming week will bring a flurry of interest rate decisions from major central banks, as policymakers react to a softer global economy and uncertainties over US-China trade and Brexit.

Treasuries chalked up their worst week — and small-caps their best — since 2016 as investors extended a sweeping rotation away from the momentum plays and bonds that had been favoured over summer.

Shares in cyber security group Cloudflare surged by 20 per cent in its first day of trading on Friday, signalling strong investor demand for the latest Silicon Valley security listing.

The lights have been turned off on MoviePass, the once-heralded theatre subscription service.

US stocks were mixed Friday, as investors looked ahead to a highly-anticipated rate decision by the Federal Reserve.

Goldman Sachs said it expects Apple to lose about a quarter of its market value over the next year as its profits take a hit from the accounting method the company will take for its Apple TV+ trial, a claim that was rejected by the iPhone maker.

PG&E has reached an $11bn settlement with insurance claimants related to the utility’s role in a series of deadly wildfires that ravaged northern California in 2017 and 2018 and triggered its filing for bankruptcy earlier this year.

US retail sales climbed more than expected last month driven by purchases at auto dealers and online retailers, however an underlying gauge of consumer demand grew at its slowest pace in six months.

UK retailer Marks and Spencer will start selling fresh greens and herbs grown on site in some of its London stores in partnership with Berlin start-up Infarm.

Boris Johnson will hold Brexit negotiations with European Commission president Jean-Claude Juncker in Luxembourg on Monday, according to UK officials.

Wages in the eurozone increased at their fastest clip in a decade as the regional labour market shows it has stayed strong despite weakening economic growth.

JD Wetherspoon founder Tim Martin has lashed out at “elite Remainers” for ignoring the long-term benefits of leaving the EU after his pub group said that profits dropped more than 4 per cent owing to higher costs during the year. 

Ovo has struck a £500m deal to buy the household business of larger rival SSE in a bold move that will make it Britain’s biggest energy supplier behind British Gas.

Cyber security group Cloudflare has priced shares in its initial public offering at $15 apiece on Thursday, higher than its already boosted target range, to raise $525m.

Cargill is leaving the fund management business by selling its CarVal Investors unit three years after spinning off its hedge fund group.

Broadcom said demand in its semiconductor business has “bottomed out”, taking some of the sting out of quarterly revenue that fell just shy of expectations as the chipmaker continues to deal with the fallout from the US-China trade spat.

US stocks found themselves close to a record high and Treasuries sold off as investors endured a choppy session brought about by the state of trade discussions and the European Central Bank’s decision to cut interest rates and restart its bond-buying programme.

Neil Woodford’s investment trust suffered a further blow on Thursday after it was forced to write down the value of one of its holdings.