Breaking Stock Market and Financial News

Romanian Nuclearelectrica shuts down nuclear reactor due to bad weather glitch

Reuters Us Markets - Fri, 01/06/2017 - 03:48
BUCHAREST, Jan 6 (Reuters) - Romanian state-owned nuclear power producer Nuclearelectrica has shut down its first nuclear reactor on the river Danube earlier on Friday due to a technical glitch...

UPDATE 1-China sales vroom in 2016 for global automakers; dull 2017 looms

Reuters Us Markets - Fri, 01/06/2017 - 03:48
* Toyota China sales +8.2 pct, predicts 2017 sales almost flat

UPDATE 1-Euro zone bond yields set for biggest weekly rise in weeks on inflation jitters

Reuters Us Markets - Fri, 01/06/2017 - 03:41
* Inflation concerns pushing yields higher (Writes through)

Statoil may stop drilling in U.S. Gulf of Mexico -report

Reuters Us Markets - Fri, 01/06/2017 - 03:37
OSLO, Jan 6 (Reuters) - Norway's Statoil is considering whether to end its costly search for oil and gas in the U.S. Gulf of Mexico, the company's exploration chief told financial daily Dagens...

European shares edge lower, FTSE heads for 5th week of gains

Reuters Us Markets - Fri, 01/06/2017 - 03:35
LONDON, Jan 6 (Reuters) - The pan-European STOXX 600 index edged lower early on Friday following a drop in commodity-related stocks, although the benchmark index remained on track for its best...

BRIEF-Ionis, Akcea enter into strategic collaboration with Novartis

Reuters Us Markets - Fri, 01/06/2017 - 01:23
* Ionis and Akcea enter into strategic collaboration with global pharmaceutical company to develop and commercialize akcea-apo(a)-l rx and akcea-apociii-l rx

Sales surge for global carmakers in China, Honda overtakes rivals

Reuters Us Markets - Fri, 01/06/2017 - 01:23
BEIJING, Jan 6 (Reuters) - Sales surged for global automakers in China in 2016 as consumers rushed to buy cars to make the most of a tax incentive, with Honda Motor Co Ltd seeing a particularly...

China's controls on capital outflows target short-term speculation - vice minister

Reuters Us Markets - Fri, 01/06/2017 - 01:19
BEIJING, Jan 6 (Reuters) - China's recent tightening of overseas capital outflows is targeting short-term speculative flows, commerce ministry vice minister Wang Shouwen said on Friday.

BRIEF-Coeur Q4 Palmarejo, Mexico mine gold production 23,906 ounces vs 14,326 ounces

Reuters Us Markets - Fri, 01/06/2017 - 01:16
* Coeur reports fourth quarter and full year 2016 production results and provides 2017 production guidance

BRIEF-Taiwan's TSMC orders machinery from Ultratech

Reuters Us Markets - Fri, 01/06/2017 - 01:14
Further company coverage: ($1 = 31.9440 Taiwan dollars) (Reporting by Hong Kong newsroom)

BRIEF-Anheuser Busch Inbev announces reference base following combination with Sabmiller

Reuters Us Markets - Fri, 01/06/2017 - 01:14
* Announces reference base following combination with Sabmiller

Nikkei slips as Toyota reels from Trump threat, Fast Retailing fall

Reuters Us Markets - Fri, 01/06/2017 - 01:13
TOKYO, Jan 6 (Reuters) - Japan's Nikkei share average dropped on Friday as automakers dragged after incoming U.S President Donald Trump threatened to slap punitive taxes on Toyota cars imported into...

BRIEF-Ford says Dec China vehicle sales up 21 percent y/y

Reuters Us Markets - Fri, 01/06/2017 - 01:13
* Dec China vehicle sales total 149,856 units, +21 percent y/y versus +17 percent y/y in November

Japan to recall envoy from South Korea over 'comfort women' statue

Top Reuters News - Fri, 01/06/2017 - 01:12
TOKYO (Reuters) - Japan said on Friday it was temporarily recalling its ambassador to South Korea over a statue commemorating Korean women forced to work in Japanese military brothels during World War Two which it said violated an agreement to resolve the issue.

BRIEF-D-Link Systems Inc responds to FTC complaint

Reuters Us Markets - Fri, 01/06/2017 - 01:11
* D-Link Systems Inc responds to FTC complaint defending security practices for consumer routers and IP cameras Source text for Eikon: Further company coverage:

BRIEF-Summit Materials prices common stock offering

Reuters Us Markets - Fri, 01/06/2017 - 01:11
* Summit Materials - pricing of previously announced offering of 10,000,000 shares of its class a common stock at a price to public of $24.05 per share Source text for Eikon: Further company...

U.S. employment growth seen strong in December, wages up

Top Reuters News - Fri, 01/06/2017 - 01:07
WASHINGTON (Reuters) - U.S. employers likely maintained a solid pace of hiring in December while raising wages, putting the economy on a path to stronger growth and further interest rate increases from the Federal Reserve this year.

China state tabloid scolds New York Times for investigative reports

Top Reuters News - Fri, 01/06/2017 - 00:40
BEIJING (Reuters) - An influential Chinese state-run tabloid has chided the New York Times over its reporting practices after Apple Inc removed the newspaper's app from its China app store at the request of the Chinese government.

Japan defends Toyota after Trump broadside over Mexican plant

Top Reuters News - Fri, 01/06/2017 - 00:34
TOKYO (Reuters) - The Japanese government defended Toyota Motor Corp on Friday as an "important corporate citizen" of the United States, after President-elect Donald Trump singled out the automaker and threatened to slap punitive tariffs on its Mexico-built cars.

U.S. envoys appointed by Obama denied extensions past Inauguration Day: New York Times

Top Reuters News - Fri, 01/06/2017 - 00:00
(Reuters) - U.S. President-elect Donald Trump's transition team has issued a blanket mandate requiring politically appointed ambassadors appointed by President Barack Obama to leave their overseas posts by Inauguration Day, The New York Times reported, citing several U.S. diplomats familiar with the plan.

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