Today's top story: It's Rupert Murdoch denies that $52bn sale to Disney is a "retreat"
Today's leader: Disney's decision to buy Fox is good news for viewers, honest
After Theresa May was praised at a dinner in Brussels last night, EU leaders are expected to give the green light to the next stage of Brexit negotiations later today.
Across the pond, the US has repealed net neutrality, in a move which could change the landscape for internet service providers and major online services such as Netflix and Amazon.
European stocks are expected to open lower again, with the FTSE set to be down 0.08 per cent at 7442. The German DAX is likely to be 0.16 per cent down at 13048, and the French CAC is predicted to be 0.22 per cent down at 5345.
Asian shares will finish the week higher, but lost ground today. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.5 per cent, but up around 0.7 per cent for the week. Japan's Nikkei was down 0.1 per cent and China's blue-chip CSI300 index down one per cent.
Corporate news
- BT and Sky have signed a deal to supply TV channels on each other's platforms.
- Persimmon chairman Nicholas Wrigley is to resign from the board.
- Trinity Mirror warned that its revenue is expected to fall by nine per cent in the fourth quarter.
Data
- 10:00 – EU trade balance (October)
- 13:15 – Bank of England MPC member Andy Haldane speech
- 14:15 – US industrial production (November)
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