A series of images of landscapes and wildlife from the Brigalow Belt region of Queensland near the town of St. George.
Colin Baker | Moment | Getty Images
Shares of Santos surged as much as 15.23% Monday, after it received a non-binding takeover offer of $18.72 billion by an Abu Dhabi’s National Oil Company-led group.
The move marks the biggest intraday jump in the Australian oil and gas producer’s shares since April 2020, LSEG data shows.
Santos shares
European banks, oil stocks lead markets higher European Stoxx 600 banks were 1.3% higher at 9:55 a.m. U.K. time, while oil and gas stocks gained 1.18% as investors took in the latest from the Israel-Iran conflict — which is driving crude oil prices sharply higher and reigniting inflation concerns. Sectors in decline include health-care, down […]
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A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024. Bloomberg | Bloomberg | Getty Images Shares of French fashion house Kering popped 7% on Monday on reports that it has appointed industry outsider Luca de Meo as group CEO. It comes as the owner of […]
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Smoke rises in the distance following an Israeli airstrike in Tehran, Iran, on June 14, 2025. \ Khoshiran | Afp | Getty Images Israel’s airstrikes on Iran Friday sent reverberations through financial markets. Oil prices jumped on fears that supply from Iran, the world’s ninth-largest oil producer in 2023, would be disrupted. Prices of gold, […]
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