A Quick Look At Monday’s Headlines

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
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