• Markets Right Now: S&P 500 on track for record high close
Markets Right Now: S&P 500 on track for record high close

Hong Kong's Hang Seng rose almost 2.0 percent to 20,964.99, while the Shanghai Composite was up 0.8 percent at 3,013.33. The S&P roared to an all-time high as stock markets surged higher around the world on Monday, building on sharp gains won before the weekend thanks to a strong USA jobs report.

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  • Burberry names Gobbetti as new CEO to replace Bailey
Burberry names Gobbetti as new CEO to replace Bailey

Bailey who has held the dual roles of CEO and chief creative officer since May 2014, worrying some investors who felt he had too much on his plate, will retain his creative role and also take the title of president. Carol Fairweather, the chief financial officer, will be leaving the business but will help manage the transition, the company said in ...

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  • Yen slips as Tokyo stocks jump on renewed Abenomics hopes
Yen slips as Tokyo stocks jump on renewed Abenomics hopes

In Japan, exporters rallied despite the yen's relative strength, with Toyota closing up 4.9%, Nissan up 5.2% and Sony up 4%. The euro was steady at US$1.1043, recovering slightly from Friday's low of US$1.1002. The pan-European FTSEurofirst 300 index and Britain's FTSE 100 both rose 0.5 per cent. Markets in China and Hong Kong have yet to sta...

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  • Japanese Prime Minister Shinzo Abe's ruling coalition wins big in Senate election
Japanese Prime Minister Shinzo Abe's ruling coalition wins big in Senate election

Tobias Harris, vice president and an Asia specialist with Teneo Intelligence in Washington, D.C., said Sunday's vote was a "solid victory, as expected", for Abe, but it does not guarantee that Abe will be able to assemble the full two-thirds majority - 162 seats - in the upper house necessary for changing the constitution.

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  • Oil rebounds from 2-month lows, outlook seen volatile
Oil rebounds from 2-month lows, outlook seen volatile

Oil prices have dropped due to signs that shale drillers in the USA have adjusted because of lower fuel rates and renewed indications of Asian economic weaknesses. 'For the time being, the path of least resistance for oil prices is lower'. According to Goldman Sachs, it expects "WTI oil to remain in a range of $45-50 a barrel in the next three qu...

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  • Australian PM declares victory 8 days after vote
Australian PM declares victory 8 days after vote

Votes are still being counted, but the government is expected to win just enough seats for a majority. It means Mr Turnbull has scraped together a majority government and will no longer need to do deals with Lower House crossbenchers. Although he is expected to form a majority government, Turnbull's gamble in calling the election backfired badly,...

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  • Contador drops out of Tour as Froome maintains lead
Contador drops out of Tour as Froome maintains lead

Slightly more than 100 kilometers (60 miles) from the end of Stage 9 from the Spanish town of Vielha to the ski resort of Arcalis in Andorra, the 33-year-old Spaniard stopped at the side of the road, hopped off his bike and got into the passenger seat of his team vehicle.

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  • Continental US Saw First Zika Related Death In Utah
Continental US Saw First Zika Related Death In Utah

Her exact cause of death is unknown, but she did test positive for the virus . The health Department held a press conference that talked about the Zika virus related death. Some of these people who have not traveled, were infected through sex with their partner back from these regions. " CDC has been working with state, local, and territori...

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  • Corbyn Would Win Leadership Challenge, U.K. Labour Ally Says
Corbyn Would Win Leadership Challenge, U.K. Labour Ally Says

The outcome of the tussle for control of the Labour Party - between Corbyn's left-wing supporters and more centrist elements - will define the party's voice in the negotiations that will shape future ties between Britain and the EU. Momentum 'seeks to transform the Labour Party into a more open, member-led party, with socialist policies and the col...

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  • Deutsche Boerse lowers approval threshold for London deal
Deutsche Boerse lowers approval threshold for London deal

The LSE said the deal would still deliver value to shareholders. Gregor Pottmeyer, Deutsche Boerse's chief financial officer, said: "With this step we respect the technical barrier of 15 per cent of our shareholders, namely index funds, which are not able to tender their shares prior to the replacement of the untendered shares by the tendered sha...

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  • Longmont weather: Sunny skies with a high of 89
Longmont weather: Sunny skies with a high of 89

Partly sunny, with a high near 90. Sunny skies are expected today , with a high near 84. Thursday night ... Partly cloudy with a 30 percent chance of showers and thunderstorms. Thursday ... Partly cloudy with a 30 percent chance of showers and thunderstorms. Overnight temperatures are expected to drop into the 60s, but recover into the 80s ...

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  • European stocks lifted by gains in steelmakers and banks
European stocks lifted by gains in steelmakers and banks

Tata Steel has suspended the proposed sale of its United Kingdom operations while it investigates the possibility of a joint venture with other major steel companies, including Thyssenkrupp in Germany. The Government has offered to change the law to cut the scheme's liabilities, but its proposal has encountered resistance from the Pension Protec...

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  • TSA testing new idea to speed up airport security
TSA testing new idea to speed up airport security

And new 3D computer tomography (CT) scanners can allow passengers to leave gels, liquids, and even laptops in their carry-ons instead of separating them out, which should reduce time and extra bins. Passengers step up to one of several stations on the security line to load their belongings into bins that are 25 percent larger. "The UK has some of...

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  • United Kingdom property funds rush to suspend trading
United Kingdom property funds rush to suspend trading

But, it said, the suspensions apply only to Prudential funds that invest exclusively in the Aviva and M&G funds, with its multi-asset fund ranges unaffected. In taking the hit they didn't point to any actual market data showing a declining sales trend, but rather their anticipation that the Brexit vote will reduce property value.

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  • A 'reasonable' case for charging Hillary Clinton
A 'reasonable' case for charging Hillary Clinton

FBI Director James Comey testified in front of the House Oversight and Governance Reform Committee for almost five hours today. "The material that they sent to me, they didn't believe was classified". Attorney General Loretta Lynch on Wednesday accepted Mr Comey's recommendation that no criminal charges were warranted and closed the case. P...

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  • Pokemon Go could be coming to the HoloLens in the future
Pokemon Go could be coming to the HoloLens in the future

If you've already managed to install the game you've probably come across server delay screens already Well, that's the culprit. In response, developer Niantic who made the game along with Nintendo and The Pokemon Company, announced plans to withhold the game release in other countries for now.

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  • Oil tumbles 5 percent after United States crude draw disappoints market bulls
Oil tumbles 5 percent after United States crude draw disappoints market bulls

The British pound hit a 31-year low after three United Kingdom property funds were suspended in the face of a rush of redemptions from investors fearing a slump in British property values. "This does not bode well for oil prices but let us see the changes in the exchange rates of the biggest oil consuming and producing regions", said brokerage PVM ...

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  • Credit Card Info Stolen From Local Restaurant
Credit Card Info Stolen From Local Restaurant

Initially, the chain said about 300 stores were affected, but when the list was released more than 1,000 across the country were on the report. The hamburger chain said Thursday that hackers were able to obtain credit and debit card numbers, names, expiration dates and codes on the cards, beginning in late fall.

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  • Solar-powered plane lands in Spain, leaves for Egypt
Solar-powered plane lands in Spain, leaves for Egypt

The organisers noted that Borschberg and fellow pilot Bertrand Piccard have taken turns flying the solar-powered plane on the around-the-world journey to draw attention to the possibilities of using renewable energy sources for a wide variety of things.

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  • Australian leader claims election win, but questions remain
Australian leader claims election win, but questions remain

Deputy Prime Minister Barnaby Joyce says the coalition also has three years to make sure people know that there is no intention whatsoever to privatise Medicare. Australia has endured a "revolving door" of prime ministers in recent years, with leaders removed at the ballot box and via internal party room coups.

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