The new company name for shell/SPAC outfit "AIQ" is derived from Artificial Intelligence (AI) and Intelligence Quotient (IQ). Non-Executive Chairman Graham Duncan tells Proactive what the company hopes to achieve now there's ample funding in the pot; which sectors and geographies the team is targetting and when they hope to begin on those acquisitions.News here too on the experience of the board a...Read More

The Dollar jumped to a fresh weekly high against a basket of major currencies on Tuesday amid market optimism over the US Federal Reserve raising interest rates at least twice in 2018. There is a suspicion that Dollar bullish investors are starting to look beyond December’s disappointing NFP headline figures, and have their sights set on wage growth which held steady at 2.5% to support the D...Read More

Venezuela is set to launch its own oil-backed cryptocurrency but blockchain experts are skeptical it will work.Read full newsRead More

Oil prices rose Tuesday, as geopolitical risk relating to Iran continued to buoy markets.Read full newsRead More

(Kitco News) - Goldand silver prices were ending the U.S. day session weaker Tuesday. A solid bouncein the U.S. dollar index early this week is putting price pressure on the goldand silver markets. Some normal profit-taking and chart consolidation is alsofeatured after gold prices hit a 3.5-month high last week. February Comex goldwas last down $7.30 an ounce at $1,313.10. March Comex silver was l...Read More

(Kitco News) - Gold and silver prices were ending the U.S. day session weaker Tuesday. A solid bounce in the U.S. dollar index early this week is putting price pressure on the gold and silver markets. Some normal profit-taking and chart consolidation is also featured after gold prices hit a 3.5-month high last week. February Comex gold was last down $7.30 an ounce at $1,313.10. March Comex silver...Read More

Jan 10 (Reuters) - Stock Markets Net ChngStock MarketsNet ChngS&P/ASX 200** 6,135.805.40NZX 50**8,433.23 7.75DJIA25,411.31 128.31NIKKEI**23,849.99135.46Nasdaq7,177.558 20.17 FTSE**7,731.02 34.51S&P 500 2,757.339.62Hang Seng** 31,011.41111.88SPI 200 Fut 670719STI** 3,524.65 12.47SSEC**3,414.835.35KOSPI** 2,510.23 -3.05-------------------------------------------------------------------------...Read More

* Target joins retailers that recorded strong holiday sales* Microsoft halts some AMD chip Meltdown patches after PCs freeze* Indexes up: Dow 0.45 pct, S&P 0.26 pct, Nasdaq 0.16 pct (Updates to early afternoon)By Sruthi ShankarJan 9 (Reuters) - Wall Street's major indexes inched higher on Tuesday as financial, healthcare and industrial stocks extended the new year rally powered by expectations...Read More

(Rewrites throughout with comments from Microsoft blog post)By Eric AuchardFRANKFURT, Jan 9 (Reuters) - Microsoft Corp said on Tuesday the patches released to guard against Meltdown and Spectre security threats slowed down some personal computers and servers, with systems running on older Intel Corp processors seeing a noticeable decrease in performance.The security updates also froze some comput...Read More

NEW YORK, Jan 9 (Reuters) - The U.S. Treasury Department on Tuesday sold $24 billion of three-year government notes at a yield of 2.080 percent, which was the highest yield at an auction for this debt maturity since May 2007 when it was 4.574 percent, Treasury data showed.The ratio of bids to the amount of three-year note offered was 3.13, comparable to the 3.15 at the prior three-year auction hel...Read More

Delta Air Lines, Inc. (NYSE:DAL) has historically been one of the best stocks to own in the first quarter, and will be kicking off the new year with a fourth-quarter earnings report before the open on Thursday. Below, we will take a look at how DAL stock is performing ahead of the report, and how options traders are speculating on the airline shares.At last check, Delta stock is down 0.4% to trad...Read More

* Wall Street rises to record highs again, extends 2018 rally* U.S. crude oil futures rise to highest since Dec 2014 (Updates with midday U.S. activity; changes byline, dateline, previous LONDON)By Caroline ValetkevitchNEW YORK, Jan 9 (Reuters) - Stocks in world indexes continued their flying start to the year on Tuesday as bank stocks gained, while U.S. oil touched its highest since late 2014. A...Read More

* STOXX 600 up 0.4 pct at fresh 2 1/2 year high* Autos lead gainers on Continental overhaul hopes* Altice rallies on US unit spin-off plan* Global earnings revisions at all-time high - Citi (Recasts, adds details, closing prices)By Danilo Masoni and Helen ReidMILAN/LONDON, Jan 9 (Reuters) - European shares rose for a fourth straight session on Tuesday, lifted by strength among cyclical stocks and...Read More

* Euro views underline policy differences in centre-right* Centre-right bloc seen winning most seats in March 4 vote* 5-Star says leaving the euro is no longer party policy (Adds comments from 5-Star leader)By Gavin JonesROME, Jan 9 (Reuters) - Silvio Berlusconi said on Tuesday that Italy must not leave the euro but his main coalition partner immediately disagreed, underlining policy differences i...Read More

(Adds more details and background)Jan 9 (Reuters) - Poland's biggest insurer PZU SA has raised its return on equity (ROE) target for 2020 to more than 22 percent from 18 percent previously, it said in a strategy update on Tuesday.The company said it expected to achieve benefits from changing the way it works with clients, such as by using artificial intelligence and improving its use of databases...Read More

BERLIN, Jan 9 (Reuters) - German auto parts and tyre maker Continental said on Tuesday it was in "early stages" of talks about a structural overhaul to become more nimble amid the car industry's transition to electric and self-driving vehicles, confirming media reports.A source told Reuters on Tuesday that Continental was continuing to ponder all options for its future corporate structur...Read More

* RBC CEO says agrees no deal is better than a bad deal* RBC CEO says bank spending C$3 bln annually on technology* CIBC CEO says bank pursuing possible IPO of FirstCaribbean (Adds comments from other bank chiefs on tech spending, paragraphs 7-11)By Matt ScuffhamTORONTO, Jan 9 (Reuters) - Royal Bank of Canada's Chief Executive Dave McKay said on Tuesday he believes there is now a greater chance th...Read More

ANKARA, Jan 9 (Reuters) - Turkey's Treasury has borrowed $2 billion in a dollar-denominated eurobond maturing in 2028 at a yield of 5.2 percent, bankers said on Tuesday.Demand for the issuance was in excess of $6 billion, they said. (Reporting by Nevzat Devranoglu; Writing by David Dolan, Editing by William Maclean) Disclaimer: The views expressed in this article are those of the author and may n...Read More

Saudi Arabia has long barred women from sports arenas, due to strict...Read full newsRead More

* GRAPHIC-2017 asset returns: * LME/ShFE arb: (Adds closing prices, trader comment)By Pratima DesaiLONDON, Jan 9 (Reuters) - Zinc prices hit their highest in more than a decade on Tuesday as investors anticipating another year of shortages and falling inventories bought the metal used to galvanise steel.Traders said funds taking profits on long positions -- bets on higher prices -- weighed on pric...Read More