Brent crude jumped above $74 a barrel on Monday, the highest since November, as the US was primed to announce measures to further curb Iran’s oil exports, putting pressure on global supplies.

Oil prices climbed on Monday following reports that Washington will stop giving sanctions waivers to countries that import Iranian crude or condensate.

Bed Bath & Beyond announced on Monday that two co-founders and five independent directors will leave its board, but that its chief executive will remain, defying calls from a trio of activist investors for his ouster.

Ukraine’s currency climbed the most in two weeks on Monday after exit polls suggested Volodymyr Zelensky was on track to become the country’s next president after a sweeping victory in Sunday’s elections.

Chinese stocks took a beating on Monday amid downward pressure from newly announced initial public offerings worth $1.4bn and a warning on real estate speculation from Beijing.

First-quarter revenue at Huawei rose 39 per cent from the previous year to Rmb179.7bn ($26.8bn), an increase that suggests US efforts to persuade countries to ban the Chinese group’s telecoms equipment from their 5G networks have not tempered growth.

Carlos Ghosn was indicted on a fresh charge on Monday as prosecutors accused the former Nissan chairman of making personal gains from and causing $5m in damages to the Japanese carmaker.

Samsung Electronics has delayed its media events to launch its new foldable phone in Hong Kong and Shanghai, which were planned for this week, after defective samples of the Galaxy Fold were reported last week.

Japan, South Korea, Turkey, India and China will face pressure to eliminate Iranian oil imports as the US eliminates sanctions waivers in an effort to increase pressure on Tehran one year after Washington left the Iran nuclear deal.

Oil climbed to a new five-month high on Monday following a report that the US will stop giving sanctions waivers to countries that import Iranian crude or condensate.

South Korean exports slumped further this month, according to preliminary data, led by a drop in shipments of computer chips. 

The Colombo Stock Exchange will not open at its usual time on Monday following a series of bombings in Sri Lanka on Sunday that killed more than 200 people. 

A rate decision from Turkey, updates on Tesla’s autopilot software, US gross domestic product and a very busy week of earnings await investors after the Easter holiday.

The S&P 500’s attempt to reclaim a record high faltered as the benchmark’s three-week winning streak came to an end.

President Donald Trump’s trade pact with Mexico and Canada would drive growth in the US economy amid a boost for the automotive sector, according to an analysis by the International Trade Commission.

Niron Metals, the new investment vehicle of mining grandee Sir Mick Davis, has been given the green light to export iron ore from a deposit in Guinea through neighbouring Liberia.

Shares in US railroads are trading near all-time highs after a trio of America’s largest train operators steamrollered earnings forecasts this week, backed by higher shipping rates.

Hyundai has appointed José Muñoz, the most senior Nissan executive to leave the Japanese carmaker in the wake of the Carlos Ghosn arrest, as its chief operating officer.

Debenhams chief executive Sergio Bucher stepped down on Thursday after lenders took control of the embattled department store chain following its fall into administration last week.

Shares in Pinterest opened up 25 per cent on their first day of trading on Thursday, completing an IPO that has given many investors their first chance to back an advertising-supported consumer internet company with an audience numbering in the hundreds of millions.

Shares in video conferencing service Zoom opened at $65 on their first day of trading on Friday, an 81 per cent jump from the level the shares were priced at the night before.

Andrew Adonis, a vehemently pro-Remain politician, has been selected to stand for the European Parliament elections as a Labour candidate — despite the party’s formal pro-Brexit position.

Honeywell raised its full-year guidance as strong business aviation and defence sales helped it to produce bigger than expected rise in first-quarter earnings.

US retail sales recorded their biggest jump in 18 months in March, driven by sales of motor vehicles, petrol and clothing, which signalled consumers continue to support the economy.