Indian stocks recorded their strongest rally in more than three years on Monday after exit polls pointed to a win for the ruling Bharatiya Janata party-led coalition.

London-listed materials maker Low & Bonar said on Monday its chief executive would be leaving as it warned the US-China trade war was taking a toll on its results and said it needed to expedite its turnround efforts.

Volodymyr Zelensky called snap parliamentary elections minutes after being sworn in as president of Ukraine on Monday, in an attempt to consolidate power after his landslide victory.

Goldman Sachs is in exclusive talks to buy European budget hotel chain B&B Hotels from private equity group PAI Partners for nearly €2 billion.

Google has dealt a blow to Huawei’s fast-growing consumer smartphone business by suspending the delivery of key software and technical services to the Chinese company, according to two people familiar with the situation.

Foxtons has named a new finance chief as it warned that conditions in London’s housing market remain “very challenging.”

Crude prices rallied on Monday after key producer Saudi Arabia said supplies were “plentiful” and signalled it would back sustained output cuts, boosting the currencies of oil producing countries.

Ryanair reported a drop in pre-tax profits of almost a third in the year to March 2019 as fuel costs shot up and it sustained losses from its new Austrian subsidiary.

China’s Ganfeng Lithium, the country’s second-biggest producer of the electric car raw material, has agreed to buy a 30 per cent stake in London-listed Bacanora Minerals, which is building a lithium mine in Mexico.

Shares in Australia’s big banks rose sharply on Monday following the ruling conservative party’s surprise victory in the country’s general election, setting aside expectations of further financial industry reform promised by the opposition.

Australia’s Lynas Corp is forming a joint venture with a Texas-based rare earths company to build a processing plant in the US, looking to capitalise on a gap in the US supply chain for raw materials critical to the electronics and energy industry.

Japanese gross domestic product unexpectedly grew in the first quarter of year, as the world’s third-largest economy was boosted by better-than-expected exports. 

Japan is more likely to go ahead with a controversial rise in consumption tax this autumn after the economy unexpectedly grew by an annualised 2.1 per cent in the first quarter of 2019.

The Australian dollar sprang higher in early trade on Monday after the country’s ruling conservatives won a “miracle” victory in elections over the weekend.

Elections across the European Union will enter the spotlight after a week dominated by renewed trade tensions between the US and China — an issue that is sure to continue weighing on the minds of investors ahead of the G20 summit in June.

US stocks snapped their three-day winning streak on Friday as investors remained unnerved by the stand-off on trade between Washington and Beijing, while the renminbi touched a new low for 2019.

Metro Bank will stop hiring the architectural firm owned by its chairman’s wife after next year, bowing to pressure after several major proxy advisers and investors including the UK’s largest fund group criticised it over conflicts of interest.

The US has reached an agreement with Canada and Mexico to remove tariffs on steel and aluminium it imposed last year on national security grounds, people familiar with the matter said.

The US 10-year Treasury is eyeing its best week in nearly two months after concerns over trade drew investors back to haven assets over recent sessions.

US consumer sentiment jumped to its highest level in 15 years in May, but the gains could prove fleeting as Americans digest the latest escalation in the trade war between Washington and Beijing.

London’s marine insurance market, which covers the majority of the world’s ships, has upgraded a number of territorial waters in the Persian Gulf to high risk following ship attacks off Fujairah last weekend.

Hewlett Packard Enterprise is acquiring supercomputer maker Cray in a deal valued at about $1.3bn as it looks to better compete against rival IBM for a slice of the fast-growing market for data analytics and management services.

The price of iron ore rose above $100 a tonne for the first time in five years on Friday after Vale, the world’s biggest producer of the steelmaking ingredient, warned there was a risk of another dam failure at one of its mines.

Italian deputy prime minister Matteo Salvini has laid out his three-point plan to change the EU from within, ahead of a rally in Milan on Saturday of far-right and nationalist parties intended as a show of strength among Eurosceptic forces before this months’ European elections.