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January, 22, 2017

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Business > Global Markets
Dow industrials turn higher after 5 straight losses
U.S. stocks moved broadly higher in morning trading Friday ahead of the presidential inauguration of Donald Trump. Phone company stocks led the gainers. Energy stocks also rose as oil prices headed higher. Investors also had their eye on the latest batch of company earnings and outlooks.
 
European stock markets climbed Friday before Donald Trump's inauguration, with markets hoping that the U.S. president's speech will expand on his planned economic policy.
 
Soros: Trump a 'would-be dictator' who will rattle markets
Billionaire investor George Soros said Thursday he views President-elect Donald Trump as an "impostor and con man and a would-be dictator" who will rattle financial markets.
 
European stock markets fell Thursday with all eyes on the ECB's first policy meeting of the year.
 
The dollar recovered against its major peers Wednesday after taking a battering the previous day, while the pound fell back having surged on the U.K.'s Brexit plans.
 
With the anti-globalization wave impacting major elections, including that of U.S. President-elect Donald Trump, the United States and European Union made a final plea on Tuesday to conclude a trans-Atlantic free trade deal.
 
Markets tread lower before key Brexit speech
Europe's main stock markets slid Tuesday but the pound rebounded somewhat, as British Prime Minister Theresa May was set to make a hotly-anticipated speech on Brexit strategy.
 
Collaborative robotics market to grow to US$1 billion by 2020
The collaborative robotics sector is expected to grow rapidly in the next four years and be worth US$1 billion by 2020, according to the Institute for Information Industry's Market Intelligence & Consulting Institute (MIC).
 
Eight men as rich as half the world, report says
The gap between the super-rich and the poorest half of the global population is starker than previously thought, with just eight men, from Bill Gates to Michael Bloomberg, owning as much wealth as 3.6 billion people, according to an analysis by Oxfam released Monday.
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Pound tanks on Brexit fear as Europe stock markets retreat
The pound slumped Monday on reports British Prime Minister Theresa May was ready to take the country out of the European Union in a so-called "hard Brexit."
 
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