Daily brief
EasyJet has described a potential US takeover bid as 'highly opportunistic', with the airline's management signaling resistance to the approach. The company's board is expected to evaluate any formal offer critically, emphasizing its independent growth strategy. The bid comes amid a period of consolidation in the European aviation sector.
BP has started production at a major gas field in Azerbaijan, estimated to hold one trillion cubic feet of gas.
Barrick Gold is considering a UK listing for its African assets as part of a potential $30 billion tie-up with Endeavour Mining.
UK house prices fell in May as rising mortgage costs continue to squeeze buyers, according to Nationwide.
The UK government has warned it could take action over a lack of financial transparency in crown dependencies.