Jeremy Roemisch

German insurer Allianz SE (ALV.XE) and reinsurer Munich Re AG (MUV2.XE) are considering a plan to invest in German power grid expansion at the Dutch state-owned network operator TenneT Holding BV, the daily Handelsblatt reports Monday, citing people close to the negotiations.

The main U.K. stock index traded lower on Monday, as resource firms weighed heavily on stocks.

Austria-based Raiffeisenlandesbank Niederoesterreich AG has planned a series of European investors meetings ahead of a potential inaugural, euro-denominated, benchmark-sized, covered bond, one of the banks organizing the meetings said Monday.

Hong Kong rail operator MTR Corp. (0066.HK) said Monday its first-half net profit fell 33%, as lower property sales volume and a fall in revaluation gain offset an increase in rail and retail income.

Swedish private equity firm EQT said Monday that its EQT VI fund will buy UC4, the world's largest independent IT process automation software vendor, from Carlyle Europe Technology Partners and founder Franz Beranek for an enterprise value of 220 million euros ($270.3 million).

Talks with U.S. authorities to settle allegations that Julius Baer Group AG (BAER.VX) helped Americans evade taxes won't be directly affected by the purchase of Merrill Lynch's wealth management business from Bank of America Corp. (BAC), but the Swiss bank's chief executive hopes that any impact

German utility E.ON AG (EOAN.XE) Monday warned that muted energy demand in Europe continues to weigh on its power-generation business and pledged to respond to the deteriorated market environment by reducing operating costs and examining further power-plant closures.

The Hong Kong high court on Monday ordered protesters occupying the ground floor of HSBC Holdings PLC's (HBC) headquarters to evict their encampment by the end of August.

OAO Gazprom Neft (SIBN.RS), the oil unit of state gas giant OAO Gazprom (GAZP.RS), said Monday that net profit for the first half increased 0.4% on last year to 78.7 billion Russian rubles ($2.47 billion), on the back of increased hydrocarbon production and higher oil-refining volumes.

NSW Sugar Milling Co-operative has held talks with potential bidders for the grower-owned business in the wake of a combined US$2 billion worth of deals for Australian sugar producers, and is open to a sale at the right price, Chief Executive Chris Connors said.