1. FTSE 100 slumps in torrid day for markets
The FTSE 100 closed down 145 points or 1.8% to 7,820.36.
2. DS Smith snubs Mondi, accepts £5.8bn bid from International Paper
Talks were still ongoing between DS Smith and Mondi as late as last week when Memphis-based International Paper tabled a knock-out £5.8 billion offer.
3. Dr Martens warns of double-digit US sales decline, CEO departs
The company, whose shares have collapsed nearly 80% since going public in 2021, anticipates a £20 million profit-before-tax impact from USA wholesale challenges, assuming no significant in-season re-orders.
4. Superdry to delist, major restructuring plan announced
Shares in the group have tanked this year, with sales falling and losses piling higher after a disappointing Christmas trading season.
5. EasyJet suspends flights to Israel for next six months
Initially paused until April 21, the suspension now covers the entire summer season, reflecting the ongoing volatile situation in the region. Customers with existing bookings have been offered refunds.