U.S. stocks look set to open higher on Monday as markets seemed to take Italian Prime Minister Matteo Renzi's resignation in their stride. The broader financial market reaction to the 'No' vote in the Italian referendum on constitutional reform has, so far, been relatively muted.
While Asian stocks...
UK services sector grew for a fourth straight month in November at the fastest pace in 10 months amid solid growth in orders and rising employment. The purchasing managers' index, or PMI, for the services sector rose to 55.2 from 54.5 in October.
European stocks traded mostly higher in early trade Monday, even as Italian banking stocks fluctuated on concerns about Italy's political future and increased downgrade risks from rating agencies following Prime Minister Matteo Renzi's defeat in a referendum.
The pan-European Stoxx Europe 600 index...
European stocks are likely to open lower on Monday after a constitutional referendum in Italy triggered a fresh period of political turmoil in the euro zone's third largest economy.
Prime Minister Matteo Renzi quit following the stinging defeat on Sunday over his proposals for constitutional reform,...
Japanese electronics maker Panasonic Corp. is in talks to buy Austrian headlight manufacturer ZKW Group GmbH, Nikkei business daily reported Monday, citing a person familiar with the matter. As per the report, both companies could reach a basic agreement as early as this month for a deal that could be worth up to $1 billion.
Alnylam Pharmaceuticals Inc. (ALNY), on Sunday, reported positive interim clinical results of its investigational RNAi therapeutic Fitusiran from an ongoing phase II open label extension study in patients with Hemophilia A or B without inhibitors.
Following the mixed performance seen in the previous session, stocks showed a lack of direction over the course of the trading session on Friday. The major averages spent the day bouncing back and forth across the unchanged line before roughly flat.
A $618.7 billion defense policy bill easily cleared the House with bipartisan support on Friday and now heads to the Senate. The House voted 375 to 34 in favor of the National Defense Authorization Act, with four Republicans and thirty Democrats voting against the bill.
Claiming President-elect Donald Trump continues to "spew hatred, bigotry and prejudice," Democratic Congressman Luis Gutierrez, D-Ill., said he intends to boycott the presidential inauguration in January.
Gutierrez told CNN's "New Day" on Friday he cannot go to the inauguration of a man who is going...
Senator Kirsten Gillibrand, D-N.Y., has indicated she plans to oppose a waiver required for retired Marine Corps General James Mattis to serve as President-elect Donald Trump's Defense Secretary.
As Mattis retired from the military in 2013, his nomination would require a waiver of the National Security...
After ending the previous session mixed, stocks continue to turn in a lackluster performance in mid-day trading on Friday. The Nasdaq has moved modestly higher after falling sharply in the two previous sessions, while the Dow has pulled back off yesterday's record closing high.
Twitter Inc. (TWTR) has acquired mobile app startup Yes Inc. and appointed its founder Keith Coleman as the social networking giant's new VP of product.
Keith Coleman, the founder and chief executive of Yes Inc. and a former Google product manager, will join Twitter along with six others from Yes.
Home-sharing site Airbnb has limited the number of days people can rent their extra rooms in London and Amsterdam.
Airbnb has now placed new restrictions on London and Amsterdam listings, where homeowners can rent their places to visitors for not more than 90 and 60 days a year, respectively.
President-elect Donald Trump plans to continue announcing his choices for top positions in his administration in the coming days and suggested he will reveal "almost all" of his remaining Cabinet picks next week. Trump announced his choice of retired Marine Corps General James Mattis for Defense Secretary at a rally in Cincinnati, Ohio, on Thursday.
Stocks are turning in a lackluster performance in early trading on Friday after ending the previous session mixed. The major averages have once again moved to opposite sides of the unchanged line, with the Dow pulling back off yesterday's record closing high.