U.S. network equipment maker Cisco raised its bid for Norwegian video conferencing equipment maker Tandberg and said it was backed by holders of more than 40 percent of its shares after few warmed to its previous offer.
European shares rose for a fourth straight session Monday, to hit a 13-month closing high. Richard Urwin from BlackRock and Jonathan Fenby from Trusted Sources consider the investment outlook.
Japanese electronics firm Canon said it will buy Dutch copier and printer maker Oce in a deal worth $2.2 billion Monday. Rokus van Iperen, CEO of Oce, spoke to CNBC about the deal.
The UK is not planning to limit bankers' bonuses as part of its new powers for regulators, according to Financial Services Minister Lord Myners. Andy Hartwill from Quasar told CNBC that company shareholders should be given powers to regulate bonuses.
Swedish fashion chain H&M surprised investors Monday by posting an unexpected 3% drop in same-store sales in October. Rahul Sharma from Martin Currie considers the outlook for H&M and retail in general.