TAIPEI (Reuters) -Operations at a unit of Taiwan-based Apple Inc supplier Foxconn in China's Kunshan city remain suspended because of COVID-19 controls but there is limited impact as it has shifted production elsewhere, it said on Monday.

(Reuters) -Twitter Inc kicked off deal negotiations with Elon Musk on Sunday after he wooed many of the social media company's shareholders with financing details on his $43 billion acquisition offer, people familiar with the matter said.

Oil prices extended losses on Monday amid persistent worries that prolonged COVID-19 lockdowns in Shanghai and potential U.S. rate hikes would dent global economic growth and fuel demand.

The euro gained a fraction in early trade on Monday following French President Emmanuel Macron's comfortable Sunday defeat of far-right rival Marine Le Pen, the outcome largely expected by markets and political analysts.

Shares of Nissan Motor Co Ltd dropped 4% in early trade on Monday, following a report that its top shareholder Renault SA is exploring a potential stake sale.

Apple Inc's prime supplier Foxconn Technology Group halted operations at two of its factories in eastern China's Kunshan after new COVID-19 cases were reported on site, the South China Morning Post reported on Monday.