Stocks start 2017 with gains, but many markets stay shut
Dancers in traditional costumes perform to celebrate after the opening ceremony of the 2017 trading year at the Korea Exchange in Seoul, South Korea, Monday, Jan. 2, 2017. The Korea Composite Stock Price Index (KOSPI) opened at 2,022.23.>> view originalEuro Area Sees Price Gains as Manufacturing Picks Up Pace
Euro-area manufacturing expanded last month at the fastest rate since April 2011, in a sign that the currency bloc’s recovery is intact heading into 2017.A Purchasing Managers’ Index climbed to 54.9 in December, IHS Markit said on Monday. The reading matches the initial estimate on Dec. 15 and was up from 53.7 in November. Higher import costs resulting from a weaker euro, combined with increased global commodity prices, led to the sharpest inflation for average purchasing costs in more than fiv..>> view originalSpaceX Launches Set To Resume In January
Elon Musk’s Space Exploration Technologies Corp. is preparing to resume rocket launches on Jan. 8, according to industry officials, using revised operational procedures developed in response to a fiery accident that occurred during routine ground preparations last fall. The tentative blastoff date for the Falcon 9 from North California’s Vandenberg Air Force Base is subject to results of testing later this week, these officials...>> view originalObamacare Is First Item On Congress' Chopping Block
Barack Obama signs the Affordable Care Act in the East Room of the White House in Washington on March 23, 2010. J. Scott Applewhite/AP hide caption toggle caption J. Scott Applewhite/AP Barack Obama signs the Affordable Care Act in the East Room of the White House in Washington on March 23, 2010. J. ..>> view originalFrench workers win right to ignore work emails after hours
Technically Incorrect offers a slightly twisted take on the tech that's taken over our lives. Will your office ever leave you alone? Photo by Getty Images/Caiaimage Just say "non." That's how many French workers might channel Nancy Reagan, as they celebrate the introduction of a new law on January 1 that allows them to finally ignore their bosses. Well, at least ignore their bosses' emails out of hours. As Agen..>> view originalBitcoin breaks $1000 level, highest in more than 3 years
The price of bitcoin has breached the $1,000 mark, hitting a more than three-year high on Monday. The cryptocurrency was trading at $1,021 at the time of publication, according to CoinDesk data, at level not seen since November 2013, with its market capitalization exceeding $16 billion. Bitcoin has been on a steady march higher for the past few months, driven by a number of factors such as the devaluation of the yuan, geopolitical uncertainty and an increase in professional investors ta..>> view originalNew Year, new high for euro zone stock markets
By Jemima Kelly | LONDON LONDON Euro zone stocks opened 2017 by climbing to their highest in more than a year on Monday after data showed manufacturers in the currency bloc ramped up activity at the fastest pace in more than five years. With all of Asia's major markets closed for the New Year holiday - along with Britain and Switzerland in Europe - trade was thin, which could cause some volatility. The United States and Canada will also be closed. The euro zone's blue-chip Euro STOXX 5..>> view originalIran Publishes List of Bidders for Oil and Gas Projects
TEHRAN, Iran — Iran's Oil Ministry has published list of 29 international companies qualified to bid for oil and gas projects following the lifting of sanctions under a landmark nuclear accord.The list published on the ministry's website Monday includes several multinational firms, among them Total, Shell, Eni, Gazprom and Schlumberger.In October, Iran invited foreign companies to bid for 50 exploration and production projects for the first time since the 2015 nuclear deal with world powers.Ir..>> view originalHyundai, Kia Forecast Sales to Rebound on Capacity, Models
Hyundai Motor Co. and Kia Motors Corp., South Korea’s largest automakers, forecast sales to climb 4.7 percent this year as they count on new model introductions to counter intensifying competition amid global uncertainties.Hyundai and Kia are targeting to deliver a combined 8.25 million vehicles in 2017 from 7.88 million units a year earlier, according to regulatory filings. That compares with the 8.24 million units average estimate of five analysts surveyed by Bloomberg News. Hyundai expects t..>> view original
Thursday, January 26, 2017
Stocks start 2017 with gains, but many markets stay shut and other top stories.
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