Shares fell and the dollar held near highs in holiday-thinned trading on Monday, as concerns about economic growth lingered ahead of an expected U.S. rate hike this week and after data showed COVID-19 lockdowns slowed China's factory activity.

The dollar held near a 20-year high on Monday as the euro struggled around the $1.05 mark, as investors prepared for a busy week of central bank meetings including a likely Federal Reserve interest rate hike.

LONDON (Reuters) -Oil prices fell on Monday as concerns about weak economic growth in China, the world's top oil importer, outweighed fears of potential supply stress from a potential European Union ban on Russian crude.

Tech billionaire Mike Cannon-Brookes is seeking to buy an 11.5% stake in AGL Energy nearly two months after Australia's top power producer rejected a A$5.4 billion ($3.8 billion)takeover offer from his Grok Ventures and Canada's Brookfield Asset Management, according to a market statement from JPMorgan.

Euro zone manufacturing output growth stalled last month as factories struggled to source raw materials while demand took a knock from steep price increases and fears about the economic outlook, a survey showed.

Tech billionaire Mike Cannon-Brookes is seeking to buy an 11.5% stake in AGL Energy nearly two months after Australia's top power producer rejected a A$5.4 billion takeover offer from his Grok Ventures and Canada's Brookfield Asset Management, according to a market statement from JPMorgan.