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Sea of foam dissipates as crews clean up

The San Jose fire department warned locals to not approach the foam due its toxicity. Check back later for updates. A malfunction has been reported at Mineta San Jose International Airport, causing firefighting foam to ooze across airport property and spill into nearby streets.


All three major stock indexes finish at record highs

All three major stock indexes finish at record highs

On Monday the Dow Jones industrial average, Standard & Poor's 500, and Nasdaq composite all set records. The energy sector rallied 2.4% as U.S. crude oil climbed 3.9% to settle at $47.49/bbl, while OPEC members including Iran, along with non-member Russian Federation, suggested progress toward a deal to limit production; softening in the U.S.



Dollar retreats from 13 1/2-year high, pauses after rally

US Treasury yields, which have risen since Republican Donald Trump won the US presidential election on a platform seen likely to raise US growth and inflation and lead to higher interest rates, fell from 2016 highs hit on Friday. "By then this Trump-inspired market may come to an end for now", said Norihiro Fujito, senior investment strategist at Mitsubishi UFJ Morgan Stanley Securities.


Nigeria's recession worsens as GDP drops in third quarters - NBS Report

Nigeria's recession worsens as GDP drops in third quarters - NBS Report

Crude production fell for the fourth consecutive quarter to 1.63 million barrels per day, from 1.69 million barrels in the three months through June, the statistics office said. President Muhammadu Buhari has been fighting an uphill battle to stabilize the national currency. That was lower by 5.08 per cent points from growth recorded in the corresponding quarter of 2015.


Xi, Obama meet on China-US ties during APEC

Xi, Obama meet on China-US ties during APEC

The annual Apec summit got under way in Lima just over a week after Donald Trump won the U.S. presidential election, casting doubt that the largest-ever US-proposed trade deal, the Trans-Pacific Partnership (TPP), will come to fruition. The world leaders have spent much of Mr. Obama's presidency at odds over a host of issues, and Putin spent the 2016 presidential campaign cheering for Obama's political rival, Donald Trump, who will take the Oval Office on January 20.