Oil prices extended gains on Monday on fears a major spillover in fighting from the Gaza conflict into the Middle East could disrupt regional oil supplies, while imminent U.S. interest rate cuts lifted the global economic and fuel demand outlook. Brent crude futures climbed 37 cents, or 0.5%, to $79.39 a barrel by 2300 GMT while U.S. crude futures were at $75.19 a barrel, up 36 cents, or 0.5%. In one of the biggest clashes in more than 10 months of border warfare, Hezbollah fired hundreds of rockets and drones into Israel on Sunday, as Israel's military said it struck Lebanon with around 100 jets to thwart a larger attack.
(Bloomberg) -- Most Asian stocks look poised to gain early Monday, after Wall Street was cheered by signals from Federal Reserve Chair Jerome Powell that US interest rates will be cut from next month.Most Read from BloombergSydney Central Train Station Is Now an Architectural DestinationChicago Overcomes DNC Skeptics With Calm, Parties and SunNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityWith Housing Cos
(Bloomberg) -- Telegram on Sunday questioned the grounds for France’s detention of Chief Executive Officer Pavel Durov, the messaging app’s billionaire co-founder who was taken into custody at a Paris airport over the weekend.Most Read from BloombergSydney Central Train Station Is Now an Architectural DestinationChicago Overcomes DNC Skeptics With Calm, Parties and SunNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherHow the Cortiços of São Paulo Helped Shelter South America’s La
