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Monthly Archives: December 2017

Argentina abandons rescue mission for crew of missing submarine

ALEJANDRO MORTIZ/AFP/Getty Images File picture released by Telam showing the ARA San Juan submarine being delivered to the Argentine Navy after being repaired at the Argentine Naval Industrial Complex (CINAR) in Buenos Aires, on May 23, 2014. The Argentine submarine is currently missing in Argentine waters. Argentina has given up …

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Stocks could get a big boost in December, especially during the second half

Ander Gillenea | AFP | Getty Images A man incarnating a ‘Toro de Fuego’ (bull of fire) chases people during the San Fermin Festival on July 8, 2017, in Pamplona, Spain. Wall Street could get a big Santa Claus rally in December, especially in the second half of the month, …

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Euronext acquires 100 percent of Irish Stock Exchange in ‘strategic’ move

Patrick Bolger | Bloomberg | Getty Images Deirdre Somers, chief executive officer of Irish Stock Exchange Plc (R), and Stephane Boujnah, chief executive officer Euronext NV, during a news conference at the Irish Stock Exchange in Dublin, Ireland, on Thursday, November 30, 2017. Pan-European exchange Euronext has announced its acquisition …

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British Labour leader Corbyn tells Morgan Stanley ‘You’re right: We’re a threat’

Dan Kitwood | Getty Images Labour Leader Jeremy Corbyn addresses delegates on the final day of the Labour Party conference on September 26, 2017 in Brighton, England. Britain’s opposition Labour leader Jeremy Corbyn told Morgan Stanley that bankers are right to regard him as a threat because he wants to …

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Nissan sues India over outstanding dues; seeks over $770 million

Toru Yamanaka | AFP | Getty Images People walk past the logo of Japan’s auto giant Nissan Motor at the company’s headquarters in Yokohama, in suburban Tokyo, on February 9, 2017. Japanese automaker Nissan Motor has begun international arbitration against India to seek more than $770 million in a dispute …

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‘Tsunami’ of A.I. coming into healthcare, tech CEO says

Source: Moon Express Naveen Jain, philanthropist and serial entrepreneur who founded Moon Express, BlueDot and other ventures. Artificial intelligence (AI) will play a “massive” role in healthcare, a technology entrepreneur told CNBC on Thursday. Naveen Jain, the founder of health technology firm Viome, said that there is a big wave …

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Cryptocurrencies could be worth ‘trillions of dollars,’ top VC says

Monica Schipper | Getty Images Partner Albert Wenger presents during USV Annual Meeting 2017 on November 2, 2017 in New York City. Cryptocurrencies have a high chance of being worth trillions of dollars in the future, according to one top venture capitalist. Albert Wenger, partner at Union Square Ventures, a …

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Strong earthquake hits Iran

Simon Dawson | Bloomberg | Getty Images Iranian flag in Tehran, Iran A powerful quake of magnitude 6.3 struck southeastern Iran near the city of Kerman on Friday, the U.S. Geological Survey said. The quake, which was relatively shallow, was centered 31 miles (50 km) northeast of Kerman, which has …

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Caixin, IHS Markit report November China manufacturing Purchasing Managers’ Index

Kevin Frayer | Getty Images Chinese tourists take pictures near Tiananmen Square on the 65th National Day on October 1, 2014 in Beijing, China. A private survey that focuses on small and medium-sized firms in China showed that manufacturing activity picked up at a slower pace in November. The Caixin/Markit …

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Trump donates third-quarter salary to HHS to combat opioid epidemic

Getty Images President Donald Trump speaks during a rally at the St. Charles Convention Center on November 29, 2017 in St. Charles, Missouri. President Donald Trump donated his third-quarter salary to the Department of Health and Human Services, to help the agency combat the opioid epidemic, the White House and …

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