After strong gains last week, oil prices were slightly lower on Monday as data released in China reinforced signs that its economy is slowing, though progress in China-U.S. trade talks has supported prices.
Thailand's Siam Cement Pcl's (SCG) packaging subsidiary is planning a local listing, in a float that is set to raise about $1 billion, two sources with knowledge of the matter said.
The largest banking lenders to the oil and gas sector are becoming more cautious, marking down their expectations for oil and gas prices that underpin loans in a move expected to put further financial stress on struggling producers, industry and banking sources said.
Asian shares rose to a three-month high on Monday, as risk assets got a fillip from hopes of a trade deal and strong U.S. corporate earnings, while major currencies marked time as focus shifted to a Federal Reserve rate decision.
France's LVMH on Monday confirmed it had approached U.S. jeweler Tiffany & Co over a possible acquisition, in what would be the Louis Vuitton owner's biggest purchase to date.
Oil prices fell on Monday after strong gains last week, as data released in China reinforced signs that its economy is slowing, though progress in China-U.S. trade talks has supported prices.
Asian shares rose to a three-month high on Monday, as risk assets got a fillip from hopes of a trade deal and strong U.S. corporate earnings, while major currencies marked time as focus shifted to a Federal Reserve rate decision.
Investors are bracing for weaker results from U.S. shale players in coming days as lower oil and natural gas prices and cost-cutting measures have weighed on third-quarter operations.
LVMH, the world's biggest luxury group, said on Monday it had approached Tiffany & Co about a possible takeover of the U.S. jeweller.
Bitcoin held ground on Monday near a one-month high scaled over the weekend after China's president Xi Jinping said the world's second biggest economy should accelerate the development of blockchain technology.
Spotify Technology SA's quarterly revenue beat Wall Street expectations on Monday, as the music streaming company added more-than-expected paid subscribers for its premium service.
Rumors of layoffs started spreading among workers at a factory here in northeastern Argentina making Nike Inc shoes the night before Cristian Fredy Aquino's scheduled shift.
World shares steadied near two-month highs on Monday, boosted by hopes for a trade deal and strong U.S. corporate earnings, while the dollar traded near its highest in a week before a Federal Reserve rate decision.
Beyond fresh insights into Alphabet Inc's quarterly earnings on Monday, financial analysts could press executives for details on the U.S. antitrust probe by 48 states.
Oil prices fell on Monday after strong gains last week, as data released in China reinforced signs that its economy is slowing, though progress in China-U.S. trade talks has supported prices.