Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
Retailers could be in for a jolly jump in holiday sales despite headwinds like the U.S.-China trade war and threat of another economic slowdown.Retailread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
Apple isn't trying to blow our minds with groundbreaking new features on the iPhone 11, but is making lots of little improvements each year, this year focusing on cameras and...Technologyread more
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Pizza Hut is also talking with Kellogg and other suppliers about the plant-based meat trend.Restaurantsread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread more
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
The ballot comes at a precarious time for the country's longest serving prime minister, with the right-wing incumbent facing formidable challenges.World Politicsread more
New court filings reveal that Elon Musk's family office spent tens of thousands on a private investigator to dig up details about Thai cave rescue hero Vernon Unsworth, after...Technologyread more
European stocks closed slightly higher on Monday as investors monitored corporate earnings and developments in U.S.-China trade talks.
The pan-European Stoxx 600 index closed provisionally up more than 0.1%, with most sectors and major bourses in positive territory.
Looking at individual stocks, Norsk Hydro shares rose by over 3% after the Norwegian aluminum maker and Brazil's public prosecutor asked a federal court to lift a production embargo in the country. Hydro's Alunorte alumina refinery has been operating at half capacity since a spill last year that led authorities to restrict output.
Meanwhile, French advertising group Publicis' shares rose after news of a $4.4 billion takeover of marketing and data company Epsilon. The firm also released first-quarter results, reporting a rise in revenue and confirming its outlook for 2019. The stock was up 1.5%.
On the other end, Nokia dropped almost 4% following a downgrade from Goldman Sachs. Analysts at the bank said the Finnish telecommunications firm was faces downside risks amid increasing competition from Ericsson and Samsung.
European bank shares initially got a boost amid anticipation of the early quarterly results, but later pared gains.
Elsewhere, investors continue to monitor developments in U.S.-China trade talks. Over the weekend, U.S. Treasury Secretary Steven Mnuchin said he was hopeful the talks would soon come to a close.
He said Saturday that a U.S.-China trade deal would go "way beyond" previous agreements between the two nations, and that the two sides were "close to the final round" of negotiations, Reuters reported.