Bitcoin drops below $15,000 as South Korea reviews accounts
NEW YORK (Reuters) – Bitcoin fell below $15,000 on Monday after South Korea’s financial regulator said it and other agencies are inspecting six local banks that offer digital currency accounts to institutions.
Lululemon says holiday season sales better than it expected
(Reuters) – Lululemon Athletica Inc said on Monday the holiday shopping season was even better that it had expected and raised its profit and revenue forecasts for the fourth quarter, sending the Canadian yoga and leisure apparel maker’s shares up.
Futures flat; Caterpillar set for a record open
(Reuters) – U.S. stock futures pointed to a flat open for Wall Street on Monday, with gains in heavyweights Caterpillar and Amazon due to favorable broker recommendations offset by losses for banking stocks.
Lululemon raises holiday-quarter profit, revenue forecasts
(Reuters) – Lululemon Athletica Inc said on Monday it had a strong holiday shopping season and raised its profit and revenue forecasts for the fourth quarter.
Oil approaches 2015 highs on fewer U.S. rigs, OPEC
SINGAPORE/LONDON (Reuters) – Oil prices rose on Monday, coming close to three-year highs on a slight decline in the number of U.S. rigs drilling for new production and sustained OPEC output cuts.
U.S. bank gains from tax law start with red ink
NEW YORK (Reuters) – U.S. bank executives and investors expect a long-term boost from the new federal tax code, but the biggest lenders will first need to book multi-billion-dollar charges that will muddle fourth-quarter results.
World stock rally rolls on with best start in eight years
LONDON (Reuters) – World stock markets hovered close to all-time highs on Monday as the best start to a year in eight years showed little sign of running out of steam, with the combination of strong global growth and low inflation powering the appetite…
Rival airlines Emirates, Etihad step closer with security pact
DUBAI (Reuters) – Emirates [EMIRA.UL] and Etihad Airways signed a security pact on Monday to share information and intelligence, the first agreement between the two rival airlines based in the United Arab Emirates (UAE).
Oil stable on lower U.S. rig count, but below recent highs
SINGAPORE (Reuters) – Oil prices were stable on Monday, supported by a slight decline in the number of U.S. rigs drilling for new production, with crude holding just below near three-year highs reached last week.
Asia stocks saunter toward historic high, U.S. earnings hurdle
SYDNEY (Reuters) – Asian shares crept toward all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade, with brisk economic growth and benign inflation proving a potent cocktail for risk appetites.
