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Markets Live: Slip sliding away

Shares are set to open lower, led down by resource sectors after oil prices slid and iron ore crumbled further overnight.

Investors are playing it safe.

8@eight: Soggy start in store for ASX

Wall Street finished slightly higher overnight as James Comey's testimony fails to rattle markets, while futures are pointing to a negative open for the local sharemarket.

Private equity outfit KKR has made an offer to buy Geoff Horth-led Vocus .

Low ball bid for troubled Vocus as KKR acts

Hard on the heels of an earnings downgrade which prompted heavy selling of its shares, the telecom company behind the Dodo and iPrimus brands has received a takeover approach from the private equity firm.

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