(Recasts with Italo statement, details)By Paola ArosioMILAN, Feb 5 (Reuters) - Global Infrastructure Partners III funds (GIP) has presented an offer to buy railway group Italo, the Italian firm said on Monday.The infrastructure fund, the owner of London's Gatwick airport, was ready to pay 1.9 billion euros ($2.4 billion) for the whole railway firm, excluding debt, the railway group said after Reu...Read More

NEW YORK (Reuters) - The Dow briefly fell more than 10 percent from its Jan. 26 record high on Monday before paring losses to trade above its lows of the day.Both the Dow and S&P 500 were last down more than 3 percent, while the Cboe Volatility index .VIX jumped more than 100 percent on the day and hit its highest since August 2015.The Dow Jones Industrial Average .DJI fell 938.27 points, or 3...Read More

Latest employment report provides excuse for gold profit-taking.That same report contains seeds of gold's future demand, however.Two-year gold price recovery remains intact despite recent weakness.There's an old saying on Wall Street to the effect that when the stock market is stricken with panic, everything suffers in the ensuing decline. This includes even commodities and other non-equity as...Read More

(Kitco News) - Gold prices pushed to session highs late Monday afternoon, as U.S. stocks continued their massive selloff, with both the S&P 500 and the Dow plunging in a matter of minutes.Analysts pointed to a more hawkish Federal Reserve as the catalyst for the move down in equities.“What we are seeing in the market is a reaction to last week — with the Fed changing hands, and a m...Read More

(Kitco News) - Gold prices pushed to session highs late Monday afternoon, as U.S. stocks continued their massive selloff, with both the S&P 500 and the Dow plunging in a matter of minutes.Analysts pointed to a more hawkish Federal Reserve as the catalyst for the move down in equities.“What we are seeing in the market is a reaction to last week — with the Fed changing hands, and a m...Read More

* U.S. bond market stabilizes after 10-year yield hits 4-year peak* U.S. services sector strongest in over 12 years -ISM* ECB's Draghi sees risks from currency market volatility* Data show traders build bearish dollar bets in futures market (Updates market action, adds quote)By Richard LeongNEW YORK, Feb 5 (Reuters) - The dollar rose against a basket of currencies on Monday as U.S. bond yields ral...Read More

Kosmos Energy Ltd (LON:KOS) was a faller in late afternoon trading, down 11.4% to 435p after the explorer said tests at the recently completed Requin Tigre-1 exploration well in Senegal failed to detect any hydrocarbons.The main market listed oil and gas exploration and production company said Requin Tigre-1 was drilled to a total depth of 5,200 metres and but the prospect did not yield any hydroc...Read More

ReutersFederal Reserve Chairman Jerome Powell takes the oath of office. Jerome Powell officially took the helm of the Federal Reserve Board on Monday, replacing Janet Yellen in a carefully choreographed transition. Powell was sworn in Monday morning in a private ceremony. In a brief video statement posted on the Fed's website, Powell introduced himself to the country. "Hello, this is Jay Powell,...Read More

Agricultural issue Archer Daniels Midland Company (NYSE:ADM) is set to report earnings tomorrow morning, and the company could reach an agreement to buy Bunge (BG) as early as this week, according to reports. Below we will take a closer look at how the stock has been faring on the charts, and what the options market is pricing in for its post-earnings action.Archer Daniels Midland stock rallied on...Read More

CARACAS, Feb 5 (Reuters) - Venezuela's central bank on Monday said its new DICOM exchange rate would be at 30,987.5 bolivars per euro in its first auction.DICOM is now the country's only official exchange rate, though on the black market a dollar fetches 228,000 bolivars.Last week, the central bank removed the stronger DIPRO exchange rate of 10 bolivars per dollar.(Reporting by Caracas newsroom; W...Read More

NEW YORK (Reuters) - U.S. stocks’ losses accelerated in afternoon trading on Monday, pushing the S&P 500 down more than 5 percent from its Jan. 26 record high and the Dow below 25,000 for the first time since Jan. 4.The Dow and S&P 500 also fell below their 50-day moving averages, while the Cboe Volatility index .VIX was on pace for its largest one-day jump since August 2015.The S&am...Read More

Canamex Gold Corp (CVE:CSQ)CEO David Vincent tells Proactive they are offering gold-backed royalty tokens at 0.005 ounces/unit for 5,000 ounces of gold, each token being offered at $5, to be deployed on the Ethereum blockchain.Vincent says he is hoping to raise $5 million with the royalty tokens to develop an initial token offering (ITO) in the next few months.  Meet Anglo Asian Mining Plc, C...Read More

NEW YORK, Feb 5 (Reuters) - The Dow briefly fell more than 10 percent from its Jan. 26 record high on Monday before paring losses to trade above its lows of the day.Both the Dow and S&P 500 were last down more than 3 percent, while the Cboe Volatility index jumped more than 100 percent on the day and hit its highest since August 2015.The Dow Jones Industrial Average fell 938.27 points, or 3.68...Read More

Story by Jeff DesjardinsDespite being roughly nine years into the second-longest bull market in history, recent headwinds have cropped up to make the start of 2018 an interesting one for markets.As investors re-evaluate their portfolios and exposure, it's worth exploring some of the major themes and trends that are expected to drive markets in 2018.Predictions for 2018Today's infographic was done...Read More

Gertrude Chavez-DreyfussNEW YORK (Reuters) - Digital currency bitcoin fell more than 15 percent on Monday to a nearly three-month low amid a slew of concerns ranging from a global regulatory clampdown to a ban on using credit cards to buy bitcoin by British and U.S. banks.On the Luxembourg-based Bitstamp exchange, bitcoin fell as low as $6,853.53 in early afternoon trading in New York. That marked...Read More

MOSCOW, Feb 5 (Reuters) - Russia's Vozrozhdenie Bank :* Bank publishes list of candidates for its board of directors without names of majority owners Dmitry and Alexei Ananyev* List also includes name of Yury Novozhilov, executive director of pension fund Blagosostoyanie* Bank says list was published by mistake and will be retracted on Tuesday morning* The Ananyev brothers held a majority stake in...Read More

Renforth Resources Inc.(CSE:RFR) ("Renforth" or the "Company") is pleased to announce that the airborne geophysical program for Denain, announced November 29, 2017, was completed.Eagle Geophysics of Sorel, Qc has delivered to Renforth a technical survey report and related maps.These will be filed for work completed purposes over the claims.Read full newsRead More

(Adds quotes, data; Updates prices)* Ten-year yields highest since Jan 2014* Fed seen more aggressive on rate hikes* Treasury to sell $66 billion notes, bonds this week By Karen BrettellNEW YORK, Feb 5 (Reuters) - U.S. Treasury yields pulled back from almost four-year highs reached overnight on Monday as investors weighed whether a dramatic week-long selloff had run its course, after improving ec...Read More

NEW YORK, Feb 5 (Reuters) - U.S. stocks' losses accelerated in afternoon trading on Monday, pushing the S&P 500 down more than 5 percent from its Jan. 26 record high and the Dow below 25,000 for the first time since Jan. 4.The Dow and S&P 500 also fell below their 50-day moving averages, while the Cboe Volatility index was on pace for its largest one-day jump since August 2015.The S&P...Read More

U.S. stocks continue to sink, mired in their worst sell-off in over a year. Among the stocks making notable moves today are chip stock Intel Corporation (NASDAQ:INTC), as well as biotech stocks Prothena Corporation (NASDAQ:PRTA) and Corcept Therapeutics Incorporated (NASDAQ:CORT). Here's a closer look at what's moving shares of INTC, PRTA, and CORT today.Apple Hopes Bolster INTC StockIntel stock...Read More