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    • India's Infosys approves up to $2 billion buyback of shares
      MUMBAI (Reuters) - India's second-biggest IT firm Infosys said on Saturday it will buy back shares worth up to 130 billion rupees ($2 billion), a day after Vishal Sikka resigned as chief executive after a long-running feud with the company's founders.
    • Shift from non-GAAP bottom lines could be good for stock prices
      SAN FRANCISCO (Reuters) - Investors worried about lofty stock-market valuations may take comfort in signs that companies in the benchmark S&P 500 index are padding their bottomlines less than they have in previous years.
    • Elliott lawyer says third bidder may top Buffett's Oncor bid
      (Reuters) - An unidentified utility could pay $9.3 billion to buy Texas power transmission company Oncor Electric Delivery Co, topping Berkshire Hathaway Inc's $9 billion bid, a lawyer for the largest creditor of Oncor's parent told a U.S. bankruptcy judge on Friday.

FTSE 100 suffers worst day since Brexit vote after May calls election

Pound rises after PM’s announcement amid forecasts poll will give her stronger mandate for moderate Brexit

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