-- China Mobile (HKG:0941, SHA:600941) recorded an attributable profit of 29.3 billion yuan in the first quarter of 2026, down 4.2% from 30.6 billion yuan a year prior, according to a Monday Hong Kong bourse filing by the telco.
Earnings per share declined to 1.35 yuan from 1.42 yuan previously.
Operating revenue jumped 1% to 266.5 billion yuan from 263.8 billion yuan in the year-ago period.
The US Department of Justice's Antitrust Division is criminally investigating large meatpacking companies after President Donald Trump in November accused the firms of manipulating prices, The Wall Street Journal reported Monday, citing people familiar with the matter.The DOJ didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $64.71, Change: $-0.11, Percent Change: -0.17%
Oil prices rose Monday following an apparent flare-up between the US and Iran ahead of the expiration of their ceasefire agreement this week.West Texas Intermediate crude oil jumped 4.7% at $86.43 per barrel, while Brent rose 4.6% to $94.52.Oil prices plunged on Friday as Iran declared that the Strait of Hormuz was open, a key US demand. Tehran, however, took back control of the waterway on Saturday. Both sides have accused each other of violating a two-week ceasefire that is due to expire Tuesday.The US Navy on Sunday seized an Iranian-flagged vessel that tried to move past a naval blockade, President Donald Trump said in a Truth Social post."Oil prices are being whipsawed by developments in the Middle East once again, with what appears to be de-escalation quickly turning to re-escalation," ING Head of Commodities Strategy Warren Patterson said in a note on Monday.The US is sending negotiators to Pakistan for a second round of peace talks, but Iran said it doesn't plan to participate in those negotiations.Energy prices have surged as the Middle East conflict disrupted shipments through the Strait of Hormuz, the world's most important chokepoint for crude flows."After the US seized an Iranian-flagged vessel, there will be doubts over planned peace talks," Patterson said.
European equities traded in the US as American depositary receipts started the week tracking lower late Monday morning, as the S&P Europe Select ADR Index was falling 0.54% to 1,830.11.From continental Europe, the gainers were led by semiconductor company Sequans Communications (SQNS) and telecommunications company Ericsson (ERIC), which rose 5.3% and 3.9% respectively. They were followed by telecommunications company Nokia (NOK) and internet browser company Opera (OPRA), which increased 2.7% and 2.2% respectively.The decliners from continental Europe were led by biopharmaceutical company Cellectis (CLLS) and lender Banco Bilbao Vizcaya Argentaria (BBVA), which dropped 7.7% and 3.9% respectively. They were followed by lender Banco Santander (SAN) and biopharmaceutical company Grifols (GRFS), which were down 2.5% and 2.4% respectively.The gainers from the UK were led by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and oil and gas company BP (BP), which advanced 15% and 1.4% respectively. They were followed by telecommunications operator Vodafone Group (VOD) and tobacco company British American Tobacco (BTI), which were up 1.1% and 0.5% respectively.The decliners from the UK and Ireland were led by biopharmaceutical company Akari Therapeutics (AKTX) and communications company WPP (WPP), which lost 7.5% and 2% respectively. They were followed by biopharmaceutical company NuCana (NCNA) and cruise line operator Carnival (CUK), which fell 1.9% and 1.3% respectively.