Here is your round-up of the financial news from around the world:
1. European stocks kick off the week with modest gains at Monday's opening bell, but investors are likely to be focused on developments in a controversial bank rescue in Italy, as well as slowing inflation dynamics, in the days and weeks ahead/
2. Nestle SA (NSRGY) - Get Report could be the next European firm in the cross-hairs of a U.S. activist investor after Dan Loeb's Third Point hedge fund pressed the world's biggest food company over the weekend to shed assets and increase share buybacks.
3. Italy's banking system is once again the focus on investor concern Monday after officials outlined plans to rescue two failed lenders that appeared to circumvent newly-adopted rules that would prevent the use of taxpayers' funds.
4. Global oil prices rose modestly in quite Asia trading, and look set to extend gains into the European session after five consecutive weeks of losses.
5. Bond yields are likely to fall in anticipation of slower inflation in the months ahead.
This article was written by a staff member of TheStreet.