UK's FTSE 100 hit a three-week high on Monday, lifted by oil majors as crude prices rallied following a surprise output cut by OPEC+, while Cineworld Group hovered near record lows as it failed to find a buyer for its U.S., UK and Ireland businesses.
A group of Boy Scouts' insurers on Friday asked a judge to delay the youth group's exit from bankruptcy to allow them more time to appeal a record-setting $2.46 billion settlement of sexual abuse claims.
Air India, until recently tied to an antiquated manual pricing system when setting airfares, is shifting to algorithm-based software long used by rivals to help it squeeze out more revenue from each flight.
As the dust settles on a surprise move by Switzerland to write down $17 billion of bonds under Credit Suisse's rescue, the market for debt designed as a shock absorber for banks faces a long haul to regain investor trust.