1. FTSE 100 Live
Stocks slump again, Wall Street joins retreat.
2. Royal Mail agrees to formal takeover bid from ‘Czech Sphinx’ Křetínský
Daniel Křetínský, who owns stakes in West Ham and Sainsbury’s, first tabled the bid on 17 April, leaving it until today to make a formal offer.
3. Anglo American denies BHP bid deadline extension, says concessions not enough
The Anglo American plc board thinks BHP has not assuaged its concerns about the "disproportionate execution risk" associated with the proposed takeover structure and the value for shareholders.
4. Pets at Home holds dividend and launches buyback, but sales slip in new year
Largely, the preliminary results for the 52 weeks to 28 March were in line with pre-announced guidance from the pets-and-vets chain.
5. Wood Group mulls 'fourth and final' offer from Dubai rival
The Wood directors and their advisers are mulling this and say they will respond in due course, having rejected the third possible offer pitched at 220p per share last Friday as it "significantly undervalues the group and its prospects".