it will see the two carmakers push the geely cars. >>> deliveroo shares atop of the stoxx 600.uncement of delivery hero has taken a 5.9% stake in the company. >>> and the deadline exttended for the counter retail offer for morrison's t cd&r had until today to make a fresh bid. and philip morris has 10% higher stake in vectura this is the second round of the bidding war which kicked off in may. vectura develops asthma drugs. >>> and elliott management is reporting a stake in sse elliott and sse deliclined to comment on the report. sse runs wind farms and electricity networks and faced spe speculation over being broken up or sold. >>> julianna, you said it was a muted start for equities not the case for energy markets. let's look at the oil market is behavior today brent and wti are down 3.5%. not a good start to the week the stronger dollar is having an impact here. also reports from china with respect to covid restrictions now being applied and the impact that is going to have on demand. definitely keep an eye on the energy space we had results from raramco it looks to process

we continue to see an earnings bump, upside 5% for tencent and geely.see group raise guidance and we could see these names gaining ground. shery: with a regulatory crackdown in china, we are watching the yuan and other currencies being used around the world. we have seen the share of you on payments and international -- yuan payments and international payments rose in june. with the new regulatory crackdown, what is going to happen as investors trim down on yuan assets? we are going to get data to get a better picture on that. haidi: to look at the impact of this regulatory crackdown, whether it has weighed on interest using the yuan, increasingly a global currency, but investors are trending the assets from their portfolio as a result of new risk aversion. other thing that is interesting, yuan trading becoming a boring story. look at the chart, trading volumes taking a slide amid low currency volatility over the past month. even dedicated traders are looking elsewhere for more price action. looking to see if we get more revival in that trade. shery: th

we are keeping an eye on geely, on news the chinese chi record -- carmaker signed a deal with renaultwo exec it is facing assault allegations. company says higher tax rates are on the horizon for the chinese internet industry. we're keeping an eye on chinese chipmakers after state media warned regulators may crackdown on speculators in the state amid the chip crunch we're seeing around the world. we've seen shares jump nearly 30% in the past two weeks. shery: and we truly have seen downside pressure, given some news on price collusion. but still, it seems to be hardware versus software stuff are pretty well, especially when it comes to msci asia-pacific info tech index, which gained last week the most since january compared to communications services. they are led by those tech giants like text -- like tencent, which fell for a third week. no surprise we are seeing that gap between hardware companies and suffer companies. haidi: and we're also sing divergence when it comes to tech outside china, as well. take a look at the situation when it comes to slumping global bond yields, burnis