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FTSE creeps up; ITV boosted by bid speculation

LONDON - Britain's top equity index inched up on Monday, led by gains in broadcaster ITV on talk of a takeover from Virgin Media owner Liberty Global.

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UK fund star Woodford dumps HSBC on banking fine inflation fears

LONDON - Star British fund manager Neil Woodford sold his fund's stake in HSBC last month, citing concerns about the impact of potential fines from several industry-wide investigations on the banking group.

4:42pm BST

Imperial Tobacco closes $13 billion of loans

LONDON - British cigarette maker Imperial Tobacco has closed loans of about $13 billion (7.82 billion pounds) to back its acquisition of selected brands and assets from Reynolds American Inc , the lead banks said on Monday.

6:00pm BST

Booming budget surplus puts pressure on Germany to spend

BERLIN - Germany posted its biggest budget surplus since reunification in the first half of 2014, underscoring the strength of its finances just as it encounters growing pressure to spend more to bolster growth in Europe.

6:07pm BST

Telefonica to exit Telecom Italia after Brazil deal

SANTANDER Spain - Telefonica plans to exit Telecom Italia once the Spanish group has finalised the purchase of Vivendi's Brazilian broadband business GVT, ending a long-standing shareholding and easing competition concerns in Brazil.

Spain 4:40pm BST

Luxottica explored Essilor deal but conditions were not right

MILAN - Italian luxury eyewear maker Luxottica looked at a possible deal with French rival Essilor but decided not to pursue it and is no longer considering it, Luxottica's new co-chief executive said on Monday.

6:58pm BST
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FTSE 100 6,825.31 +5.56 +0.08%
DAX 9,479.03 +8.86 +0.09%
CAC 40 4,379.73 -1.31 -0.03%
TR Europe 172.08 +0.20 +0.12%
GBP/USD 1.6609 +0.10%
GBP/EUR 1.2647 +0.14%
EUR/USD 1.3130 -0.05%
Gold 1,286.40 +0.60 +0.05%
Oil 95.86 -0.10 -0.10%
Corn 358.75 -2.75 -0.76%

How letting women fail can help them succeed

For women, fear of failure isn't an irrational position. Instead, it’s more likely a reaction to social pressures that tell them they will be more harshly judged than their male peers on their perceived missteps.