Crude-oil futures fell in early European trade on Monday as a rising dollar put pressure on the commodity as holidays across some major markets, including the U.S.
China today drastically cut down tariffs levied on the import of personal luxury items to stimulate domestic consumption and encourage its citizens to buy more from the local markets instead of foreign.
European stocks fell in early trading after a Greek minister said that Athens would struggle to meet its upcoming debt payments. Interior Minister Nikos Voutsis made his comments during a weekend TV programme.
The Vatican bank said Monday its profit soared by more than 20 times last year as it recovered from a trading loss and continued its reform process away from its scandal-marred past.
One of Nigeria's biggest banks on Monday announced it was shutting branches early due to a lack of fuel, in the latest sign of shortages hitting businesses.