Sectors
Putin drops South Stream gas pipeline to EU, courts Turkey
Russia on Monday scrapped the South Stream pipeline project to supply gas to southern Europe without crossing Ukraine, citing EU objections, and instead named Turkey as its preferred partner for an alternative pipeline, with a promise of hefty discounts.
Oil jumps as much as five percent from five-year low; focus on shale
Crude oil markets jumped as much as 5 percent on Monday, rebounding from five-year lows with their biggest daily gain since 2012, on fears that the high U.S. shale output blamed for the global oil glut may be shrinking.
Apple tumbles three percent in one minute of trading
Apple Inc (AAPL.O) shares tumbled in early trading on Monday, briefly suffering their largest price drop in at least three months on an unusual spike in volume.
Amazon rolls out Kiva robots for holiday season onslaught
Amazon.com Inc has installed more than 15,000 robots across 10 U.S. warehouses, a move that promises to cut operating costs by one-fifth and get packages out the door more quickly in the run-up to Christmas.