London CNN Business —  

1. Tencent’s gaming win: Tencent can finally make money off new video games again.

The Federal Reserve is widely expected to move to cut interest rates at its meeting on Tuesday and Wednesday. That will provide still more juice for stocks, which continued to hit fresh records last week.

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin said China reneged on previous commitments over the weekend, undermining progress towards a detailed trade agreement.

Another round of trade talks between the United States and China kicks off Tuesday in Shanghai. It will be the first time that top negotiators meet in person since US President Donald Trump and his Chinese counterpart, Xi Jinping, agreed to a truce at the G20 meeting last month.

There’s also the US jobs report for July, which hits Friday. Investors will scrutinize that data to see if it backs up the Fed’s decision.

2. Oil rises: Oil prices are rising on fear of disruption to supplies from Venezuela.

British delivery service Just Eat and Dutch company Takeaway.com have agreed to join forces, the companies said Monday.

The combination will create a massive food delivery service better positioned to compete in a crowded market. Amazon (AMZN) backed UK delivery app Deliveroo earlier this year. Uber Eats has also been ramping up its presence in top markets like London.

Investors in both companies appear to like the deal. Just Eat shares jumped 25% in early trading Monday. Takeaway shares rose 4%.

The bidding war for Anadarko reflects an intense desire by US oil companies to acquire America’s best shale assets. Occidental is already the No. 1 oil producer in the vast Permian Basin.

And the Wall Street Journal reported Saturday that pharma giants Pfizer (PFE) and Mylan (MYL) are nearing a deal that could create a global powerhouse in the low-price drug market.

5. Global market overview: US stock futures were pointing lower.

US stock futures point to a flat open Monday. European markets opened mostly lower, with Germany’s DAX falling 0.1% and France’s CAC 40 dropping 0.2%.

Stocks in Asia also saw declines. Hong Kong’s Hang Seng fell 1% amid concerns that massive protests could hurt the local economy, while Japan’s Nikkei lost 0.2%.

The exception was Britain’s FTSE 100, which rose 1%, even as the pound hit a new two-year low near $1.23 on fears of a messy Brexit.

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6. Coming this week: