Other news

As it expects possible difficulties in the nearest future connected to margins contraction that was registered over the third quarter, the S&P 500 earnings estimates were lowered.

China's economy has been hit hard by the COVID-19 pandemic. In order to restore the hit economy, the Chinese government increased the quota for fuel exports. Thus, China's oil imports have risen.

In December, Saudi Arabia will increase the prices for oil export in Europe. It was announced by Saudi Aramco.

Marlboro maker Philip Morris International (PMI) announced Monday a plan to buy Swedish Match for $16 billion, despite only getting approval for the deal from owners of 82.59 percent of the Swedish company.

Wells Fargo is facing the U.S. Consumer Financial Protection Bureau (CFPB) demand for the fine exceeding $1 billion. The regulator is levying a fine against the financial services company to settle a series of investigations into mistreatment of customers, as reported by Bloomberg News.

Analysts at Goldman Sachs Group Inc. believe that Australia's large-scale and prolonged surge in inflation, along with the decision of the country's central bank to take the course of a smaller interest rate increase, will entail a higher rate in the future.

The depreciation of the Swiss franc helped reverse the sharp fall in the country's exchange reserves in September.

The overburdened U.S. labor market is beginning to stabilize, with Friday's data showing a slowdown in the pace of employment and an increase in the unemployment rate.

According to the results of October, a certain declined was registered in Chinese export and import.

Telecom providers say the European Union needs to adopt new legislation on network costs that should be paid by big tech companies.