Wall Street ticks higher as New York explosion worries wane
(Reuters) – U.S stocks indexes edged higher on Monday, recovering from a brief uncertainty following an explosion at one of New York’s busiest commuter hubs.
UBS leads blockchain data reporting pilot ahead of new EU rules
ZURICH/NEW YORK (Reuters) – Financial companies led by Swiss bank UBS are testing a blockchain platform to help them comply with new European Union trade data standards due to come into force next year.
Newly minted bitcoin futures indicate more modest growth ahead
NEW YORK/SYDNEY/LONDON (Reuters) – Newly launched bitcoin futures indicated on Monday that financial markets expect the cryptocurrency to climb further but at a far slower rate than in recent weeks as warnings of a bubble grew.
WTO losing focus, must rethink development: U.S. trade chief
BUENOS AIRES (Reuters) – U.S. President Donald Trump’s trade chief said on Monday that the World Trade Organization is losing its focus on trade negotiations in favor of litigation and needed to rethink how it defines developing economies.
S&P, Dow flat after explosion at New York commuter hub
(Reuters) – The S&P 500 and the Dow were flat in early morning trading on Monday after an explosion rocked New York’s Port Authority, one of the city’s busiest commuter hubs.
VW sees 4-5 billion euros in outflows in 2018 due to dieselgate
WOLFSBURG, Germany (Reuters) – Volkswagen expects cash outflows of 4-5 billion euros ($4.7-5.9 billion) next year in relation to the dieselgate emissions cheating scandal, the carmaker’s Chief Financial Officer Frank Witter told journalists on Monday….
Hackers hit major ATM network after U.S., Russian bank breaches: report
FRANKFURT (Reuters) – A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said …
Japan’s SMBC Nikko poised to poach bankers in push for U.S. growth
TOKYO (Reuters) – Sumitomo Mitsui Financial Group Inc’s brokerage unit is ready to poach bankers to expand its U.S. investment banking arm and could even buy small firms if the right target comes up, its chief executive said.
Futures retreat after Port Authority explosion
(Reuters) – U.S. stock index futures fell back after initial gains on Monday, hit by reports of an explosion in New York’s busy Port Authority commuter hub.
Icahn nominates four directors to Xerox’s board
(Reuters) – Activist investor Carl Icahn has named four nominees to Xerox Corp’s board of directors, the company said on Monday, after a current Icahn-appointed director resigned due to a difference of opinion with the board.
