LONDON (Reuters) -British luxury carmaker Aston Martin confirmed on Monday a 575.8 million pound ($659.75 million) rights issue, with backing from investors including Saudi Arabia’s sovereign wealth fund. The rights issue is part of a previously announced equity raise of 653.8 million pounds, which makes Saudi Arabia’s Public Investment Fund one of the company’s largest…
BEIJING (AP) — Global stock markets sank Monday as Europe faced a new squeeze on Russian gas supplies. London and Frankfurt opened lower. Tokyo, Hong Kong and South Korea fell while Shanghai gained. Oil prices rose more than $2 per barrel while the euro edged lower. Markets were roiled by Russian energy giant Gazprom’s announcement…
A look at the day ahead in European and global markets from Tom Westbrook As far as first days go, Monday is shaping as a doozy for Britain’s new Prime Minster. That’s widely expected to be Liz Truss, who’d begin as leader with gas prices poised to fly after Russia cancelled the weekend’s resumption of…
By Emily Chow KUALA LUMPUR (Reuters) -Oil prices jumped over $1 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a meeting later in the day. Brent crude futures rose $1.88, or 2%, to $94.90 a barrel by 0345 GMT after gaining 0.7%…
