The United States has said the world faces the gravest nuclear danger since the 1962 Cuban Missile Crisis because of remarks by Russian leader its position has been misinterpreted.
Europe's shares, bonds and major currencies rallied on Monday, helped by relief that's Britain new finance minister had quickly shredded virtually all of the unfunded tax cuts that triggered UK market turmoil this month.
The U.S. Food and Drug Administration has extended the review of Biogen Inc's experimental treatment for an inherited form of amyotrophic lateral sclerosis (ALS) by three months, the company said on Monday.
Insurers have won key parts of a complex legal battle with British pubs group Stonegate, MS Amlin said after Monday's judgment on the 1 billion pound ($1.13 billion) lawsuit against three top insurers over coronavirus-related lockdown losses.
Continental Resources Inc said on Monday it had agreed to be taken private by billionaire-founder Harold Hamm in a deal that would value the U.S. shale producer at about $27 billion.
Renewable natural gas producer Archaea Energy said on Monday it had agreed to be acquired by oil giant BP PLC for a total enterprise value of about $4.1 billion, including about $800 million in net debt.
New finance minister Jeremy Hunt sought to rebuild investor confidence in Britain on Monday by of Prime Minister Liz Truss's mini-budget that had sparked market turmoil, and reining in a vast energy subsidy plan.
Britain's mortgage market faces significant stress as households struggle to meet the surging cost of home loans, investment bank Morgan Stanley said in a research note on Monday.
Trend-following hedge funds are capitalising on market disruption and geopolitical unrest, with funds such as Graham Capital Management, Aspect Capital, AlphaSimplex and AQR Capital Management all near or over 40% higher for the year.
Moderna Inc (MRNA.O) has agreed to provide its new variant-adapted COVID-19 vaccine to the global scheme aiming to deliver shots to the world's poorest people.
