A brief summary of Monday's main business headlines.... Extensive coverage of the impending strikes at BA and Prudential's imminent rights issue.
FINANCIAL TIMES
- Berlin calls for eurozone budget laws - Germany seeks to boost blocs fiscal discipline
- Europe: Danger zone - Rescue package buys time for the single currency, but at a great risk
- Osborne braced for cuts - Chancellor creates fiscal watchdog to rectify fixed Treasury forecasts
- Pru set for launch of delayed $21bn issue - Insurer aims to make financial case for £35.5bn takeover of AIA
- Democrats open to talks on derivatives - Banks claim provision in US regulation bill would rock markets
- Airports closed as volcanic ash continues - Heathrow and Gatwick to be shut from 1am Monday
- Step forward in effort to quell spill - Insertion of tube into ruptured well has captured some oil and gas
- Hedge funds hit by May volatility - Shortlived New York stock market plunge wipes billions from portfolios
- OSI agrees to Astellas sweetened $4bn offer
- Regulator looks at further BP (LON:BP.) legal action
- Lex Column: Dont hang up on web feats - Mobile internet spreads value
- UK public finances - The OBRs first job will be to tell how bad things really are
THE TIMES
- Prudential (LON:PRU) poised to launch rights issue
- Carmakers accelerate slowly out of slump
- Angela Merkel says that the euro's bailout has bought time but is not a solution
- Economic recovery may leave jobless behind
- Osborne set to give in on hedge fund law
- Easy name may go in Stelios row
- Reading FC chairman seeks extra time from lender
- Bankers plot guaranteed bonuses to beat tax
- Clifford Chance is back above £1m barrier
- Standard Chartered looks to take next step in China
- Euro plunges to four-year low
DAILY TELEGRAPH
- Share boost puts CEOs' pay at new high
- Government softens on bank reform
- Petrol expected to fuel inflation
- BP (LON:BP.) siphon plan starts as political pressure builds
- Lord Myners calls for 'one last push' at EU hedge fund talks
- Vince Cable to target tax avoidance by businesses
- Bitter VAT blow for beer drinkers
- Prudential (LON:PRU)> poised to launch rights issue
THE INDEPENDENT
- Trichet calls for 'quantum leap' in eurozone financial discipline
- Chancellor faces first EU setback over controversial hedge fund rules
- Industry…
