Here’s a quick look at some of today’s important headlines via Bloomberg:
European, Asian stocks fall along with U.S. equity-index futures. Energy sector rallies after OPEC agrees to the first oil-cuts deal with non-members in 15 years. Earnings from Peregrine and VeriFone are due today.
- Daybreak: Oil surged 5% to the highest since July 2015 after Saudi Arabia said it’s ready to deliver deeper production cuts
- Royal Philips agreed to sell a majority stake in its lighting components unit to Apollo
- China warned Donald Trump against using the One-China policy regarding Taiwan as a bargaining chip in trade talks
- Possible secretary of state pick Rex Tillerson could have trouble winning confirmation because of his ties to Putin
- Almost two-thirds of analysts surveyed by Bloomberg see the Bank of England raising its benchmark from a record low
- Chinese shares slump on insurance buying curbs, liquidity concerns
- Bill Gates revealed a new $1b investment fund late Sunday to foster major advances in clean energy production
- Sony is considering a restructuring of its U.S. operations by merging its gaming and filming units, NYP reports
- 21st Century Fox and Sky executives are working with their advisers to nail down final terms of an GBP11.2b deal
- Lonza Group in advanced talks to acquire Capsugel for more than $5b, Reuters reports
- European corporate hybrid issuance could face a second year on the sidelines
- In European primary, three deals have come to market today, including Poland selling the first sovereign green bond
