Information

Uber’s partner in its first African low-cost electric vehicle offering said the war between the US and Iran and resulting fuel price increases is igniting demand for its branded vehicles.

Chicago soybean oil futures fell the most in a month on Monday as the US pause in strikes against Iran eased fears of further escalation, sending crude prices tumbling and pulling grain and oilseed markets lower.

Zhongji Innolight Co. is telling prospective investors it is on track to price its HK$53.4 billion ($6.8 billion) Hong Kong listing below the maximum, according to people familiar with the matter, as the company moves closer to sealing the city’s biggest first-time share sale in seven years.

U.S. stock-index futures rallied and oil prices tumbled on Sunday as the U.S. and Iran took a pause from fighting, and as Wall Street gears up for the Fed’s meeting and key earnings reports from Big Tech companies.

China’s months-long antitrust probe into Trip.com Group Ltd. ended with a multi-billion-yuan penalty on the nation’s largest online travel agency, but the action does little to ease the fierce price wars gripping the domestic hotel sector.

Selling by retail investors could limit potential upside in the Nifty benchmark.