Shareholders of WS Atkins, the UK-listed design consultancy, have approved the company’s £2.1bn takeover by Canadian engineering group SNC-Lavalin.

A planned €4.1bn private equity takeover of German drugmaker Stada is set collapse, after Bain Capital and Cinven failed to secure enough shareholder acceptances to complete the deal.

Mario Draghi has commented on the furor surrounding the liquidation of the two Italian banks over the weekend, which has led to an outcry that the new rules on bank bailouts are not being followed.

A Brazilian court on Monday sentenced former finance minister Antonio Palocci to 12 years in prison for corruption and money laundering. Palocci served as finance minister to Luiz Inácio Lula da Silva before becoming the right-hand man of his impeached successor, Dilma Rousseff, as chief of staff.

Business groups responded with frustration to the government’s proposals on EU citizens’ rights post-Brexit, which they said lacked the clarity employers needed and would lead to a big increase in the administrative burden on companies and individuals.

The Supreme Court on Monday agreed to hear the Trump administration’s appeal of lower court orders that halted implementation of the president’s controversial ban on travelers from six Muslim-majority nations.

First minister Nicola Sturgeon, leader of the Scottish National party, complained that Scotland was being short-changed by the Conservative party’s deal with the DUP.

Shares in Arconic fell as much as 11.3 per cent on Monday following weekend reports that the US company had knowingly supplied flammable cladding panels that were fitted to Grenfell Tower, the London high-rise gutted by a fire in mid-June that killed at least 79 people.

Theresa May has published details of her offer to protect the rights of 3m EU citizens living in Britain – an offer she described as “fair and serious”, even as the proposals impose another round of bureaucracy and new restrictions on some of those already in the country.

Gold, one of this year’s best-performing commodities, is still pinned around the day’s lows after a mysterious tumble earlier on Monday.

The tiny, once-sleepy Czech koruna is finding new fans in the weeks after it broke higher.

The US dollar and Treasury yields declined on Monday morning, with traders focusing on a disappointing reading on the manufacturing sector.

Durable goods orders, which are seen as a proxy for business investment, fell for a second-straight month in May, as demand for computers, communications equipment and transportation slid.

Chinese alcohol brewer Kweichow Moutai, which in April steamed past Johnnie Walker-brand owner Diageo Plc. to become the world’s most valuable liquor-company by market capitalisation, passed another barrier on Monday, as its market cap surged past RMB600bn.

Time for Wall Street to forget the S&P 500 and welcome the Fortune 500? That’s a big ask, but it’s the idea behind a new set of US stock-market indices set to launch next month through a deal between publisher Time Inc and investment bank Barclays.

US equities were poised to kick off the week on an upbeat note, with stock-index futures pushing higher. Gold and miners were under pressure as havens fell out of favour.

Alibaba-backed Best Logistics has filed for a $1bn New York listing in what could be the biggest Chinese group to float in the US this year as it aims to tap investor interest in China’s fast-growing logistics industry.

Greece might have a long way to go to recover from its devastating crisis, but things are finally starting to look up after the country’s creditors agreed a deal to unlock the next stage of its bailout programme and help it avoid a default.

Prices for the government’s few publicly-traded bonds hit their highest level in more than seven years on Monday morning, after the bailout agreement prompted Moody’s to upgrade the government’s credit rating and signal further positivity ahead.

Citigroup has appointed Toby Ali, who was recently at Bank of America, as co-head of the bank’s leveraged finance business in Europe, the Middle East and Africa (EMEA), according to an internal memo seen by the Financial Times.

A key measure of the credit worthiness of European banks has surpassed a broader index for the continent’s corporates for the first time since the eurozone crisis.

Theresa May has struck a confidence and supply deal with the Democratic Unionist party that will give the Conservatives sufficient votes to pass the Queen’s Speech and the budget.

Deutsche Bank has appointed Borislav Ivanov to head up its troubled Russia operations amid continued fallout over allegedly illicit operations carried out for Russian clients and the lender’s ties to the family of US president Donald Trump.

Rio Tinto has recommended shareholders vote for a revised offer by China’s Yancoal for its Australian coal mines instead of a rival bid by miner Glencore.

Veneto Banca and Banca Popolare di Vicenza senior bond prices rocketed up more than 15 points on Monday, after the Italian government shielded the notes from losses in its wind-down of the two lenders.