AUSTRIAN CONSERVATIVE SET TO BECOME WORLD’S YOUNGEST LEADER:
Austria's conservative People's Party, led by 31-year-old Sebastian Kurz, is set to win the country's general election, projections suggest. Mr Kurz is on course to become the world's youngest national leader.
AT LEAST 230 DEAD IN MOGADISHU BLAST:
A massive bomb attack in a busy area of the Somali capital Mogadishu on Saturday is now known to have killed at least 230 people, police say. Hundreds more were wounded when a lorry packed with explosives detonated near the entrance of a hotel.
TILLERSON SAYS DIPLOMACY WILL CONTINUE:
US Secretary of State Rex Tillerson has insisted President Donald Trump wants to resolve the confrontation with North Korea through diplomacy. Sanctions and diplomacy, he said, had brought unprecedented international unity against North Korea's nuclear weapons programme.
AIRASIA FLIGHT RETURNS TO PERTH AFTER MID-AIR SCARE:
An AirAsia Indonesia flight has been forced to turn back to Australia after pilots were alerted to a possible loss of cabin pressure, airport officials say. Flight QZ535, bound for the Indonesian island of Bali, changed course about 25 minutes after take-off on Sunday.
FINANCIAL REGULATOR WARNS OF GROWING DEBT AMONG YOUNG PEOPLE:
The chief executive of the Financial Conduct Authority has warned of a "pronounced" build up of debt among young people. Andrew Bailey said the young were having to borrow for basic living costs. The regulator also said he "did not like" some high cost lending schemes.
SAUDI ARAMCO SAID ITS FLOTATION REMAINS ON TRACK FOR 2018:
Saudi Aramco has insisted that its plans for what is likely to be the world's biggest stock market listing remain on track. There are reports Aramco might shelve the initial public offering (IPO) in favour of private share placings. But the state-owned oil giant said the timing for a £1.5 trillion dual listing on the Saudi and an international stock market was still scheduled for 2018.
INTEREST RATE RISE SHOULD BE DELAYED:
The Bank of England should hold off from raising interest rates next month, according to a forecasting body. Bank Governor Mark Carney said rates could go up in the "relatively near term", with many analysts expecting a hike in November. However, EY Item Club said such a move risked hurting the UK's "fragile economic outlook".
VAUXHALL PLANS 400 JOBS CUTS AT ELLESMERE PORT AS SALES FALL:
Vauxhall is cutting about 400 jobs at its Ellesmere Port car plant due to falling sales. The carmaker, now owned by France's PSA Group - maker of Peugeot and Citroen - is "facing challenging European market conditions," a spokesman said. Ellesmere Port, which makes the Astra models, will move staff from two production shifts to one in early 2018.
‘BUSINESS AS USUAL’ AT WEINSTEIN CO, BROTHER INSISTS:
Harvey Weinstein's brother, Bob, has denied media reports that the film production company they co-founded could be closed or sold. "Our banks, partners and shareholders are fully supportive of our company," he said in a statement. "Business is continuing as usual".