Technology stocks resumed their slide on Monday morning, leading a broader sell-off that looked set to take Wall Street lower after a drubbing last week.

Futures for US stocks were pointing lower on Monday morning, but had recovered from steeper, earlier declines.

Ireland has raised the prospect of deadlocked Brexit talks slipping into December, saying a no-deal withdrawal from the EU would be a “disaster” for the UK.

Cuadrilla Resources has begun fracking tests in the north of England, marking the start of the controversial extraction process after years of protests.

President Donald Trump said on Monday that he was sending US secretary of state Mike Pompeo to meet with King Salman of Saudi Arabia amid mounting international furore over the disappearance of a prominent journalist.

US consumers kept their wallets closed again in September, making for back-to-back months of unexpectedly weak spending.

Russian billionaire Viktor Vekselberg plans to appeal US sanctions placed against him and his Renova industrial empire.

The property entrepreneur Robert Tchenguiz has abandoned his multimillion-pound lawsuit against accountancy firm Grant Thornton and several other defendants, hours before he was due to give evidence in the case.

Activist investor Carl Icahn took a renewed stand against Michael Dell on Monday, announcing he would fight against a controversial plan to take the eponymous computer company Dell public again.

UK cryptocurrency exchange Coinfloor has become the first company to gain a licence to operate under Gibraltar’s new blockchain-specific legislation, flagship rules in Europe.

Third quarter revenues at Bank of America came in just ahead of analysts’ estimates, growing 4 per cent to $22.8bn, thanks to a good performance from retail banking.

Blackstone’s Stephen Schwarzman and BlackRock’s Larry Fink have become the latest US executives to withdraw from a high-profile Saudi Arabian investment conference set for later this month.

Yields on Saudi Arabian bonds rose on Monday, after the kingdom threatened to use its economic muscle to respond to any punitive measures in the wake of the disappearance of prominent journalist Jamal Khashoggi.

Theresa May will give a Commons statement on the state of Brexit negotiations on Monday afternoon.

Portugal’s sovereign bonds staged a rally on Monday, outperforming eurozone peers, after Moody’s upgraded the country to investment grade, adding to optimism over the country’s strong recovery after a bailout in 2011.

Glencore has revealed plans to cut more than 400 jobs at the Hail Creek thermal coal mine in Queensland, Australia, in an effort to lower costs.

Gunvor Group has agreed the first financing deal for a commodity house linked to sustainability, with the Swiss-based trader incentivised by the potential to receive lower interest rates to improve its environmental credentials and openness.

Greencore Group, the convenience food company that churns out more than 700m sandwiches a year in the UK, is selling its US business for £817m just two years after it launched a big transatlantic push.

The Bank of England has told banks and insurers to make climate change risks a core part of their long term business planning, saying they need to deal with both immediate physical risks and the challenges posed by transitioning to a low-carbon economy.

Ireland’s government has voiced its “frustration” over a deadlock in Brexit talks, warning it will now take longer for negotiators to agree any final deal after talks hit an impasse at the weekend.

The opening of trade in Deutsche Börse’s stock market, the primary trading venue for German equities, was delayed on Monday by “technical problems”.

Kensington Palace announced on Monday that the Duchess of Sussex, formerly known as Meghan Markle, is expecting a baby due in the Spring of 2019.

Superdry profit warning

There are very few companies that would print the reason for their profit warning on loads of T-shirts. But for Superdry — purveyor of tight T-shirts emblazoned with that word — the writing has been on the wall, and the pectorals, all summer: it is going to make £10m less profit because the weather’s been . . . super dry.

The pound weakened on Monday after Brexit talks reached a stand-off in Brussels ahead of a summit on Wednesday.