Stoxx Europe 600 Index continued last week's gain. The index sets a new course for the first back-to-back advance in two weeks.
Industry
Charter Communication CEO Met FCC Regarding Acquisition of Time Warner Cable
Tom Rutledge has met FCC chairman Tom Wheeler last week to talk the acquisition. As the merger has already been past its late March informal deadline for approval.
Facebook shares raised to $154 by Pivotal analysts
Pivotal raised its objective price on Facebook's shares from $136 to $154 and restated a buy rating for the company, suggesting 51% upside to Tuesday's ending price.
Chinese stocks show positive movement as Japan's Nikkei Stock drops
Chinese stocks rose on Monday over the belief that lenient inflation data would promote policymakers to elevate the economic condition by additional financial easing. The benchmark Shanghai composite Index in China ended the trading session at 30333.96.
Nippon's 92 cents sensor gains amid growing interest in robot cars
The market share of Nippon Ceramic's 92 cents sensor increased amid the growing interest in the autonomous driving sector. Automakers like Ford Motor and Toyota Motor along with technology companies like Google, Alphabet, and Baidu intend to unveil robot cars within the next five years.
Latest News
Japanese yen surged against dollar on Monday. Speculation from non-Japanese short-term currency players pushed the currency to the highest point against dollar.
Mexico will ship up to 500,000 metric tons of sugar to U.S. without any modification on the agreement being signed by the two nations on December 14. U.S. consumers prefer sweeteners from sugarcane over sweeteners manufactured from genetically modified beets.
Google Fiber is now phasing out its free internet option in Kansas City. For existing customers, they may continue usign the service. For subscribers to take advantage of the free internet option, they have to pay an installation fee of $300.
In a battle with German's budget stores, Aldi and Lidl, Iceland introduces its food warehouse concept. The concept is an advancement of its old style format with cash-and-carry style.
LNG supporters are worried about the continuous fall in the industry amid oil price recovery. Liquefied natural gas prices continue its downhill slide despite a 50% surge in Brent oil prices.
India is using its wide biometric ID system, the Aadhar database, to bring banking services access to more of its people. An Indian bank already introduced an ATM where people can use their Aadhar ID number or ID card to make transactions instead of a PIN.
The steel industry of China is expected to shrink rapidly, stopping global price fall. The steel industry across the world is fighting the problem of over production as demand weakens in China.
Las Vegas Sands will pay a settlement charge of $9 million in order to clear the corruption case over operations in China.
Due to extreme dry weather conditions, African farmers are seriously affected by their crops failure with little or no more money to replenish their lands or support their families. With the mobile drought insurance, farmers are protected from such harsh conditions by paying a small surcharge fee upon purchase of seeds and fertilizers registered with an insurance company.
