The Wall Street Journal

Oil futures were down more than 1%, giving up Asian gains, on uncertainties around the OPEC+ voluntary output cuts and global demand growth.

The euro is likely to weaken as focus for the currency centers on easing inflation pressures, with a secondary focus on slowing growth, NatWest Markets said. “Both play euro negative against the dollar and on the crosses.”

Gold prices softened, having spiked during Asian trading hours and after hitting a new record high on Friday. “Markets are pricing in several key interest rate cuts for next year–not only in the U.S. but also in Europe,” Heraeus said.

Swiss Life said Matthias Aellig, currently finance chief, would succeed Patrick Frost as CEO from May 2024.

Greek government bonds are expected to continue to benefit from good investor interest after Fitch upgraded Greece to investment grade in a widely anticipated move on Friday, although most of the support should be in the price by now, Commerzbank Research said.

Roche said it would buy the California-based obesity and diabetes drugs maker for $2.7 billion with additional payments of up to $400 million based on development milestones.

The streaming giant will cut about 1,500 more jobs as it accelerates a profitability push.

Global leaders at the COP28 climate summit in Dubai are taking a big swing at cutting methane, while the U.S. set rules on domestic fuel producers to limit emissions of the gas.

Nicaragua charged a Miss Universe franchise owner with being part of a plot to overthrow Ortega two weeks after the country won the pageant.

A U.S. destroyer and three commercial ships in the Red Sea came under drone and missile attacks, a significant escalation of recent strikes on vessels in those waters. 

Under voucher plans that pay for private schooling with public funds, students who have already opted out of public schools are among the biggest beneficiaries, state data indicate.

A lawsuit to be heard by the Supreme Court takes aim at a 2017 law imposing a tax on companies’ overseas profits, and could have wider implications over Congress’s taxing power. 

Talks between Israel and Hamas to hand over hostages held in Gaza in return for a truce stalled, while Israeli forces escalated attacks and directed Palestinians in the enclave to move to a narrower strip of land. 

The eurozone’s most important economy booked a bigger-than forecast-trade surplus of almost €18 billion, as exports of German goods fell for a fourth straight month.

EnergyRe, a startup backed by real-estate executives, raises $1.2 billion for transmission lines to carry renewable electricity to urban areas.

An $11 billion bid for Origin Energy, one of Australia’s largest power companies, was rejected by its shareholders on Monday in a stark illustration of how investors are adopting different strategies to bet on the energy transition.

Toyota Motor plans to offer around 15 different zero-emission vehicles, ranging from passenger cars to light commercial vehicles, in Europe by 2026.

The Nikkei Stock Average fell 0.6% to close at 33231.27, dragged down by JPY strength, which hurts the overseas earnings of exporters when repatriated to Japan.

China Evergrande’s shares rose after a court granted the Chinese property developer more time to work out a plan to restructure billions of dollars in debt.

An Islamist radical stabbed a foreign tourist to death near the Eiffel Tower in Paris, French authorities said, rattling a country already on alert.