10 things you need to know in markets, November 26

Good morning! Here’s what you need to know in markets on Monday.

Justin
Sullivan/Getty

1.
Oil prices won back some ground after hefty losses on
Friday, but remained under pressure with Brent crude
hovering below $60 per barrel amid weak fundamentals and
struggling financial markets.

2.
British Prime Minister Theresa May has inked a Brexit deal with
the European Union. But it appears her Cabinet is
already preparing to rip it up.

3.Facebook asked Parliament to keep quiet on seized
internal documents. The documents allege CEO Mark
Zuckerberg and his company promoted a loophole exploited by the
Cambridge Analytica.

4.
Russia confirmed it fired upon and seized ships from the
Ukrainian navy near waters off Crimea. Ukraine has
said it will consider enforcing martial law in response to the
incident.

5.Renault-Nissan executives will attempt this coming week
to shield their joint operations from a looming power struggle
between the carmakers, following alliance boss
Carlos Ghosn’s arrest over misconduct allegations. Top executives
from both manufacturers and third partner Mitsubishi will attend
mid-week operations committee meetings in Amsterdam.

6.
Luxury carmaker Aston Martin has not yet seen a slowdown in its
key markets and aims to more than double the number of cars it
makes by 2025, its chief executive said on Sunday.

7.
General Motors is set to make a major announcement on Monday that
will affect its global operations, including auto
production at an Ontario plant, a Canadian union said in a
statement on Sunday.

8.
Russia plans to impose stiffer fines on technology firms that
fail to comply with Russian laws, sources familiar with the plans
said, raising the stakes in the Kremlin’s fight with
global tech giants such as Facebook and Google.

9.
Thousands of protesters clashed with police in Paris over rising
fuel prices. Police launched tear gas and water on
protesters, who lit fires and erected makeshift blockades near
the Champs-Elysees.

10.
Investment giant BlackRock is making changes at the
top. The $US6.4 trillion investment manager is
focusing hard on the Asia-Pacific region and has a new female
lead taking over in February.