Monday, 11 December 2017

Breaking business news: Bitcoin futures steal spotlight, momentum keeps pushing stocks up

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Monday, December 11, 2017
Bitcoin futures steal spotlight, momentum keeps pushing stocks up
LONDON (Reuters) - World stocks climbed and equity volatility neared a record low on Monday as investors focused on strong economic growth signs ahead of a slew of interest rate decisions, while the launch of bitcoin futures fed the market's cryptocurrency obsession.
Ford's November China vehicle sales drop 8 percent year-on-year
(Reuters) - Ford Motor Co's sales in China fell 8 percent in November from a year ago, following a 5 percent decline in October, the U.S. automaker said on Monday.
Hotly anticipated bitcoin futures ease off after 22 percent surge
NEW YORK/SYDNEY/LONDON (Reuters) - Bitcoin futures eased back from an initial surge of almost 22 percent to trade up 13 percent on Monday, in an eagerly awaited U.S. market debut that backers hope will confer greater legitimacy on the volatile cryptocurrency and lead to its wider use.
Apple aims to block climate, rights proposals with quick use of SEC guidance
BOSTON (Reuters) - Apple Inc is pushing back on shareholder proposals on climate issue and human rights concerns, an effort activists worry could sharply restrict investor rights.
Uber's London license appeal to be heard next year
LONDON (Reuters) - Uber [UBER.UL] will defend its right to operate in London in court next year after the app was deemed unfit to run a taxi service and stripped of its license in its most important European market.
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.
Bangladesh minister says wants to 'wipe out' Manila bank for heist role
DHAKA (Reuters) - Bangladesh's finance minister said late on Saturday he wanted to "wipe out" a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank's account with the Federal Reserve Bank of New York last year.
Mediaset hopes truce with Vivendi to come with content deal with Telecom Italia: media
MILAN (Reuters) - Mediaset's chief executive said he hoped the shared interest over TV content with Telecom Italia (TIM) could pave the way to a truce with France's Vivendi , speaking in a interview published late on Sunday.
Carrefour's Brazilian unit elects Malige as chairman
SAO PAULO (Reuters) - The board at the Brazilian unit of French retailer Carrefour has elected Matthieu Malige as chairman, it said in a statement on Monday.
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