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  • NEW YORK, Dec 11- The generally smooth launch of bitcoin futures on Cboe Global Markets could pave the way for other cryptocurrency-related products like options and ETFs, the head of the exchange operator said in an interview on Monday. It may take U.S. regulators a bit longer to warm to the idea of a proliferation of products and securities related to digital...

  • *U.S. output rise undermines OPEC- led efforts to tighten market. NEW YORK, Dec 11- Oil prices rose on Monday, overcoming declines early in the session, after a North Sea pipeline shut for repairs and investors focused on commodities following an explosion in New York. "It is a supply concern not only because the pipeline transports a significant portion of North Sea...

  • Dec 11- The government of the western Canadian province of British Columbia said on Monday it would proceed with a large hydroelectric dam project approved and put into construction by the province's previous government. Cancelling the Site C dam project would cause electricity rates to rise and cost C $4 billion due to money already spent and remediation...

  • NEW YORK, Dec 11- Wall Street indexes were higher on Monday with boosts from technology and energy sectors as oil prices rose while investors prepared for an expected U.S. The equity market appeared to shrug off an explosion at one of New York's busiest commuter hubs early on Monday morning that officials called an attempted terrorist attack.

  • WASHINGTON— Interior Secretary Ryan Zinke and House Republicans are escalating their feud with an outdoor retail company that opposes the Trump administration's plan to shrink two sprawling Utah national monuments. The House Natural Resources Committee said in a tweet that clothing giant Patagonia is "lying" about Trump's plan in order "to sell more...

  • BITCOIN HITS A NEW RECORD HIGH JUST SHY OF $17,000 ON BITSTAMP PLATFORM.

  • Dec 11- The government of the western Canadian province of British Columbia said on Monday it would proceed with a large hydroelectric dam project already under construction. Cancelling the Site C dam project would cause electricity rates to rise and cost C $4 billion, reducing room to invest in schools and roads, it said. It raised the projected cost of the...

  • *Fed expected to raise rates on Wednesday. NEW YORK, Dec 11- The U.S. dollar retraced most of its early weakness on Monday before the Federal Reserve is expected to hike rates on Wednesday, though concerns about tepid inflation were seen weighing on the greenback. Markets after last weeks numbers are probably going into the Fed a little bit more cautious, especially...

  • *Wall Street up after brief uncertainty on New York explosion. New York, Dec 11- U.S. stocks edged higher in intraday trading on Monday after worries receded over an explosion in New York's busy Port Authority commuter hub, while stocks rose around the world on continued solid global economic growth indicators. The market is in a holding pattern until we get past...

  • The hedge fund was open to making its nominees available for the interview, but only if the company was willing to reach a mutually agreeable settlement arrangement, Marcato's managing partner, Mick McGuire, said in response to a Deckers' letter, inviting the fund's nominees for interviews on Dec. 7.

  • NEW YORK/ LONDON, Dec 11- Gold steadied below $1,250 an ounce on Monday after its biggest weekly drop in more than six months as markets anticipated an interest rate hike from the U.S. February delivery settled down $1.50, or 0.1 percent, at $1,246.90 per ounce. "The question is going to be what the forward guidance will be," said Bart Melek, head of commodity strategy at...

  • Dec 11- A U.S. trade association representing medical laboratories filed a lawsuit on Monday challenging a new reimbursement system used by the federal government that it said would reduce how much Medicare pays for labs by about $670 million in 2018.. That law, the Protecting Access to Medicare Act, aimed to establish a market-based pricing for certain lab...

  • BUENOS AIRES, Dec 11- U.S. President Donald Trump's trade chief said on Monday that the World Trade Organization is losing its focus on trade negotiations in favor of litigation, and was going too easy on wealthier developing countries such as China. With Trump's "America First" trade agenda casting a cloud over the WTO's 11th ministerial meeting in Buenos Aires,...

  • NEW YORK/ LONDON, Dec 11- Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency's blistering price gains to slow in the coming months. By midday on Monday in New York, it was trading at $17,780, roughly 10 percent above bitcoin's spot price of $16,335 on the Bitstamp exchange. And many traders may be looking for payoffs other...

  • MADISON, Wis.— The Latest on a Republican bill that would lift Wisconsin's moratorium on gold and silver mining:. Scott Walker has signed a bill lifting Wisconsin's moratorium on gold and silver mining. Scott Walker is set to sign a bill lifting Wisconsin's moratorium on gold and silver mining.

  • CHICAGO, Dec 11- U.S. corn and wheat futures fell to life-of-contract lows on Monday, anchored by plentiful global grain supplies, and soybeans sagged as forecasts called for beneficial grains in Argentina, analysts said. At 12:47 p.m. CST, Chicago Board of Trade March corn was down 3-1/ 4 cents at $3.49-1/ 2 per bushel after hitting a contract low at $3.48-1/ 4.

  • ZURICH, Dec 11- Zurich Insurance has agreed to buy ANZ's OnePath Life insurance businesses for 2.85 billion Australian dollars, the latest and largest foray by the Swiss company into the Australian market. The deal, announced on Monday, is the third purchase by Zurich in Australia over the last two years as the insurer doubles down on a region where a robust...

  • Dec 11- IPhone maker Apple Inc said on Monday it had removed a paid iOS application from its App Store after MyEtherWallet, a free service for storing digital currencies, complained that the program was improperly using its name. The statement was a response to a tweet by someone identified as zChrisLundkvist, who posted an image of the $4.99 app, dubbed...

  • Dec 11- The U.S. Food and Drug Administration said on Monday it approved Sanofi SA's Admelog as the first follow-on biologic version of Eli Lilly and Co's fast-acting insulin, Humalog. Like Humalog, which earned Lilly $696.2 million in the latest quarter, the short-acting drug helps diabetics control blood sugar levels after eating. According to the Centers for...

  • BERLIN, Dec 11- The German Defence Ministry said on Monday that the European fighter jet was the leading candidate to replace its Tornado jets, which it wants to start phasing out in 2025.. The ministry's preference for the Typhoon is no surprise; France and Germany said earlier this year they would work together to develop a new European fighter, as they expand...