Reuters

MADRID (Reuters) - Spain's Prime Minister Pedro Sanchez will announce his decision on his possible resignation at 11 am, local time, an hour earlier than previously announced his office said on Monday morning.

It will be a televised reading statement.

Sanchez, 52, surprised both foes and allies when he said on Wednesday he was taking several days away from public duty to consider quitting.

He made his announcement on the... (continue reading...)

BEIJING (Reuters) - Chinese President Xi Jinping will visit France, Serbia and Hungary from May 5-10, a spokesperson for China's foreign ministry announced on Monday.

Bilateral relations with France have maintained sound growth momentum, and both countries have had strategic communications and practical cooperation, ministry spokesperson Lin Jian said in discussing Xi's trip to France.

"China looks forward to working with France to... (continue reading...)

(Reuters) - Britain's FTSE 100 extended a record rally on Monday, driven by gains in Anglo American after a report said BHP Group was considering a better buyout proposal and AstraZeneca after it reported progress in some treatments.

The blue-chip FTSE 100 rose 0.4% to hit an all-time high of 8,185.69 points by 0725 GMT. The index was up for eight of the past nine sessions.

The upbeat sentiment spilled over into the new week as Wall... (continue reading...)

LONDON (Reuters) - Britain is considering making changes to disability and mental health benefit payments as Prime Minister Rishi Sunak aims to slow the rise in the government's welfare bill and get more people into work.

Ahead of a national election expected later this year that opinion polls show he is likely to lose, Sunak wants to appeal to core Conservative voters by warning that future rises in welfare spending are fiscally unsustainable.

By Tom Sims

FRANKFURT (Reuters) -Deutsche Bank has warned a protracted lawsuit claiming it underpaid for Postbank could cost Germany's largest lender up to 1.3 billion euros ($1.39 billion).

Deutsche acquired the no-frills Postbank during the financial crisis seeking to broaden its reach in Germany and a steady income stream after years of rapid international expansion.

Instead, Postbank has become a source of consumer... (continue reading...)