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PersonalFinance reuters.com

Use balance transfers to start 2018 with path to pay off debt

NEW YORK (Reuters) - When the U.S. Federal Reserve raises interest rates, as it did on Wednesday by a quarter-percentage point, the first pinch consumers usually feel is higher interest rates on...

businessNews reuters.com

U.S. Republicans craft tax deal, final votes seen next week

WASHINGTON (Reuters) - Congressional Republicans reached a deal on final tax legislation on Wednesday, clearing the way for final votes next week on a package that would slash the U.S. corporate tax rate to 21 percent and cut taxes for wealthy Americans.

companyNews reuters.com

BRIEF-Keycorp Raises Its Prime Lending Rate To 4.50 Percent

* KEYCORP RAISES ITS PRIME LENDING RATE TO 4.50 PERCENT Source text for Eikon: Further company coverage:

businessNews reuters.com

Fed lifts interest rates, keeps 2018 policy outlook unchanged

WASHINGTON (Reuters) - The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, as anticipated, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in U.S. economic growth.

businessNews reuters.com

Wall Street extends gains slightly after expected Fed rate hike

NEW YORK (Reuters) - The three major U.S. stock indexes were higher on Wednesday after the Federal Reserve raised U.S. interest rates by a quarter percentage point, as anticipated, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in U.S. economic growth.

businessNews reuters.com

Fed raises interest rates, keeps 2018 policy outlook unchanged

WASHINGTON (Reuters) - The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, as anticipated, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in U.S. economic growth.

businessNews reuters.com

Congress secures tax deal, Trump backs 21-percent corporate rate

WASHINGTON (Reuters) - Congressional Republicans have reached a deal on final tax legislation, the U.S. Senate's top Republican tax writer said on Wednesday, with President Donald Trump saying he would back a sharply lowered corporate tax rate of 21 percent.

companyNews reuters.com

U.S. stock funds attract most cash in 7 weeks -ICI

NEW YORK, Dec 13 (Reuters) - U.S. fund investors dashed into domestic stocks, pouring the most cash in seven weeks into the market, according to Investment Company Institute (ICI) data on Wednesday. The funds collected $6 billion in the seven days through Dec. 6, according to the trade group, as the market is poised to close 2017 with another strong year of gains under its belt. "We're in literally the longest amount of days since a 5 percent drawdown in 25 years," said Gary Droz, ma

businessNews reuters.com

Senate secures tax deal, Trump backs 21-percent corporate rate

WASHINGTON (Reuters) - Congressional Republicans have reached a deal on final tax legislation, the top Senate Republican tax writer said on Wednesday, with President Donald Trump saying minutes later he would back a corporate tax rate of 21 percent.

companyNews reuters.com

BRIEF-CIBC sees 10-12 percent earnings growth in U.S.

* CIBC U.S. HEAD SAYS EXPECTS EARNINGS GROWTH OF 10-12 PERCENT IN NEXT THREE YEARS

companyNews reuters.com

UPDATE 3-Honeywell sees higher 2018 profit, says tax bill could spur investment

* Shares up 1.6 percent (Adds CFO quotes from conference call and analyst comment; updates share)

companyNews reuters.com

BRIEF-Caterpillar's North America Machines Retail Sales For 3-Month Rolling Period Up 12 Pct

* CATERPILLAR - LATIN AMERICA MACHINES RETAIL SALES FOR 3-MONTH ROLLING PERIOD ENDED NOV. UP 48 PERCENT

companyNews reuters.com

BRIEF-Primestone Capital Reports 5.2 Pct Stake In Tennant Co ‍​

* PRIMESTONE CAPITAL LLP REPORTS 5.2 PERCENT STAKE IN TENNANT CO AS OF DECEMBER 4, 2017 - SEC FILING‍​

companyNews reuters.com

BRIEF-WestJet Reports November Traffic Up 12.1 Percent Year Over Year

* ‍REVENUE PASSENGER MILES (RPMS), OR TRAFFIC, INCREASED 12.1 PER CENT YEAR OVER YEAR IN NOVEMBER​

companyNews reuters.com

UPDATE 1-Natgas producer EQT sets 2018 capital spending budget at $2.4 bln

Dec 13 (Reuters) - EQT Corp on Wednesday said it expected to spend 60 percent more on its capital budget in 2018 after it became the biggest U.S. natural gas producer when it completed its acquisition of Rice Energy last month.

environmentNews reuters.com

Big firms call on EU to set 35 percent renewable power supplies target

BRUSSELS (Reuters) - A group of big technology, industry and power companies have called on the European Union to set a target for renewables of at least 35 percent when EU energy ministers meet next week.

companyNews reuters.com

UPDATE 1-UK Stocks-Factors to watch on Dec 13

Dec 13 (Reuters) - Britain's FTSE 100 futures up 0.02 percent ahead of the cash market open on Wednesday.

companyNews reuters.com

S&P futures extend losses as Democrat tipped to win Alabama race

TOKYO, Dec 13 (Reuters) - U.S. S&P futures extended earlier losses on Wednesday, as Democrat Doug Jones took a slight lead over Republican Roy Moore with about 86 percent of the vote counted in a bitter U.S. Senate race in Alabama.

companyNews reuters.com

METALS-Copper largely steady ahead of expected U.S. rate hike

MELBOURNE, Dec 13 (Reuters) - London copper trading was little changed on Wednesday, as volumes thinned throughout the complex in the lead-up to holidays and ahead of a U.S. monetary policy meeting which may spell out higher interest rates. FUNDAMENTALS * LME: London Metal Exchange copper was up 0.1 percent at $6,666.50 a tonne, as of 0247 GMT, having closed little changed in the previous session. Prices have found a base around $6,500, but have run into resistance at the 10

companyNews reuters.com

Helios and Matheson drops on stock sale plan to raise MoviePass stake

Dec 12 (Reuters) - Helios and Matheson Analytics Inc said on Tuesday it would sell shares to raise funds to increase its stake in online ticketing service MoviePass, sending Helios' shares plunging 22 percent aftermarket.

healthNews reuters.com

Many young U.S. men at high risk for HIV do not take anti-HIV pill

(Reuters Health) - Less than 4 percent of young adult men-who-have-sex-with-men in the U.S. – a population at significant risk of contracting the human immunodeficiency virus (HIV) – reported ever using the pill that protects them from the virus, in a recently published study.

companyNews reuters.com

BRIEF-Xiaochuan Wang Reports 5.3 Percent Passive Stake In Sogou Inc

* XIAOCHUAN WANG REPORTS 5.3 PERCENT PASSIVE STAKE IN SOGOU INC AS OF DECEMBER 4 - SEC FILING Source: (http://bit.ly/2AOimvS) Further company coverage:

companyNews reuters.com

UPDATE 2-Shares in Brazilian homebuilder MRV shoot up with ambitious growth plan

SAO PAULO, Dec 12 (Reuters) - Shares in Brazilian homebuilder MRV Engenharia e Participações SA shot up more than 5 percent on Tuesday as executives unveiled plans to start construction on 50,000 new home units in 2018, which could generate more than 7 billion reais ($2.1 billion) in sales.

businessNews reuters.com

Boeing, bank stocks lift Dow, techs weigh on S&P, Nasdaq

(Reuters) - The Dow Jones Industrial Average edged higher on Tuesday, with a 3 percent jump in shares of Boeing and rise in financial stocks, while losses in technology stocks weighed on the S&P 500 and the Nasdaq.

companyNews reuters.com

EMERGING MARKETS-Brazil's Bovespa drops 1 pct on pension jitters

SAO PAULO, Dec 12 (Reuters) - Brazil's benchmark Bovespa index led declines among Latin American equities markets on Tuesday, falling more than 1 percent amid persisting uncertainty over the passage of pension reform legislation seen as key to the nation's fiscal health. Speaking to journalists in Argentina late on Sunday, President Michel Temer said a vote on streamlining Brazil's social security system could be delayed until early 2018 as the government struggles to gather support amon

healthNews reuters.com

EU health and food safety experts warn of stubborn salmonella

LONDON (Reuters) - The number of salmonella food poisoning cases in the European Union has risen by 3 percent since 2014 in a "worrying" reversal of a decade-long declining trend, EU health and food safety officials said on Tuesday.

Children and Childhood nytimes.com

When a Sibling Dies, or Has a Serious Illness

Up to 8 percent of American children will experience the death of a sibling, but the loss is rarely discussed, and siblings are often overlooked.

companyNews reuters.com

UPDATE 1-Blackstone buys back 10 pct in warehouse firm Logicor - source

Dec 12 (Reuters) - A Blackstone real estate fund is buying a 10 percent stake in Logicor Ltd just months after selling the European warehouse firm to a Chinese sovereign wealth fund, a source familiar with the matter said on Tuesday.

companyNews reuters.com

ING to stop funding utilities which rely too much on coal

LONDON, Dec 12 (Reuters) - ING by the end of 2025 will stop funding any utility company which relies on coal for more than 5 percent of its energy, the Dutch bank said on Tuesday.

companyNews reuters.com

BRIEF-Volkswagen says VW brand deliveries rise 11.8 percent in Nov

* SAYS VW BRAND DELIVERIES RISE 11.8 PERCENT TO 594,300 VEHICLES IN NOV

businessNews reuters.com

Brent crude oil jumps to mid-2015 high after North Sea pipeline outage

SINGAPORE (Reuters) - Brent oil prices jumped by 1 percent on Tuesday to their highest since mid-2015, after the shutdown of the Forties North Sea pipeline knocked out significant supply from a market already tightening due to OPEC-led production cuts.

companyNews reuters.com

UPDATE 1-UK Stocks-Factors to watch on Dec 12

Dec 12 (Reuters) - Britain's FTSE 100 index is seen opening up 13 points on Tuesday, according to financial bookmakers, with futures up 0.22 percent ahead of the cash market open.

companyNews reuters.com

Blackstone's real estate fund buys 10 pct stake in Logicor- FT

Dec 12 (Reuters) - Blackstone Group LP's real estate fund is taking a 10 percent stake in European warehouse firm Logicor Ltd , the Financial Times reported on Tuesday citing people briefed on the matter.

companyNews reuters.com

BRIEF-Blackstone Buys Back 10 Pct Of Logicor From CIC- FT,Citing Sources

* BLACKSTONE BUYS BACK 10 PERCENT OF LOGICOR FROM CIC- FT,CITING SOURCES

environmentNews reuters.com

Japan says its CO2 emissions inched to 6-year low in last financial year

TOKYO (Reuters) - Japan's greenhouse gas emissions fell 0.2 percent to a six-year low in the financial year that ended last March, government figures showed on Tuesday, amid growing use of renewable energy and the gradual return of nuclear power.

companyNews reuters.com

BRIEF-Input Capital announces TSX-V approval for normal course issuer bid

* INPUT CAPITAL SAYS ‍TSV VENTURE EXCHANGE ACCEPTED CO'S APPLICATION FOR NORMAL COURSE ISSUER BID FOR UP TO 6.6 MILLION OF ITS SHARES, ABOUT 10 PERCENT OF CO'S PUBLIC FLOAT​ Source text for Eikon: Further company coverage:

companyNews reuters.com

UPDATE 1-China's Tencent plans retail push with Yonghui Superstores stake

HONG KONG/SHANGHAI, Dec 11 (Reuters) - Chinese tech giant Tencent Holdings Ltd plans to buy a 5 percent stake in Yonghui Superstores Co Ltd, the department store operator said on Monday, in the latest push by China's internet giants into offline retail.

companyNews reuters.com

EMERGING MARKETS-Chile stocks see highest rise in two years on copper prices

By Felipe Iturrieta and Bruno Federowski SAO PAULO, Dec 11 (Reuters) - Chilean stocks rose more than 2 percent on Monday, their highest daily rise in almost two years, driven by foreign buyers in large stocks and higher prices for copper, the country's main export. The IPSA index rose 2.69 percent to 5,018.67 points, its best performance since January 2016. The copper reference price on the London Metals Exchange rose 1.5 percent, its largest daily rise in almost two months. Shar

companyNews reuters.com

UPDATE 1-Fidelity keeps $2 bln mandate in New York after star manager's departure

BOSTON, Dec 11 (Reuters) - A large New York state retirement plan said on Monday it would keep a popular Fidelity tech fund, whose portfolio manager recently left the company after being accused of sexual harassment, to manage about 10 percent of its assets.

companyNews reuters.com

BRIEF-Ventas Increases Fourth Quarter 2017 Dividend

* VENTAS INC - BOARD RAISED COMPANY'S Q4 2017 DIVIDEND BY 2 PERCENT TO $0.79 PER SHARE Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Ra Capital Management Reports 16.2 Percent Passive Stake In Scpharmaceuticals

* RA CAPITAL MANAGEMENT, LLC REPORTS 16.2 PERCENT PASSIVE STAKE IN SCPHARMACEUTICALS INC AS OF NOVEMBER 17 - SEC FILING Source text for Eikon: (http://bit.ly/2Bzh23r) Further company coverage:

businessNews reuters.com

Boeing lifts dividend by 20 percent, sets new $18 billion share buyback

(Reuters) - Boeing Co said on Monday it would raise its quarterly dividend by 20 percent and replace its existing share repurchase program with a new $18 billion authorization.

companyNews reuters.com

BRIEF-Rovida Advisors Reports 5.158 Percent Passive Stake In Orion Engineered Carbons As Of Dec 5

* ROVIDA ADVISORS REPORTS A 5.158 PERCENT PASSIVE STAKE IN ORION ENGINEERED CARBONS SA AS OF DECEMBER 5, 2017 - SEC FILING Source text : [ID:http://bit.ly/2iUIQUq] Further company coverage:

companyNews reuters.com

BRIEF-Lilly Announces 8 Percent Dividend Increase

* ELI LILLY AND CO - DIVIDEND FOR Q1 WILL BE $0.5625 PER SHARE ON OUTSTANDING COMMON STOCK Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-T. Rowe Price Associates Reports 11.7 Pct Passive Stake In Alnylam Pharmaceuticals

* T. ROWE PRICE ASSOCIATES INC REPORTS 11.7 PERCENT PASSIVE STAKE IN ALNYLAM PHARMACEUTICALS INC AS OF NOVEMBER 30 - SEC FILING Source text : http://bit.ly/2ALIqHV Further company coverage:

companyNews reuters.com

Mexican retail group says November same-store sales rose 5.4 pct

MEXICO CITY, Dec 11 (Reuters) - Mexico's retail association said on Monday that sales at stores open for at least a year rose by 5.4 percent in November, compared to the same month a year earlier.

companyNews reuters.com

BRIEF-Capital World Investors Reports A 13.8 Percent Passive Stake In Neovasc Inc

* CAPITAL WORLD INVESTORS REPORTS A 13.8 PERCENT PASSIVE STAKE IN NEOVASC INC AS OF NOVEMBER 30, 2017 - SEC FILING Source text : [http://bit.ly/2kZxgLY] Further company coverage:

technologyNews reuters.com

Elliott says chipmaker NXP worth 23 percent more than Qualcomm's offer

(Reuters) - Activist investor Elliott Management Corp said on Monday NXP Semiconductors NV is worth about 23 percent more than Qualcomm Inc's $38-billion offer to buy the chipmaker.

businessNews reuters.com

First round of Volkswagen pay talks end without deal

FRANKFURT (Reuters) - German trade union IG Metall on Monday said a first round of wage talks at Volkswagen failed to produce a result, adding it was disappointed the carmaker did not present a counter-offer to its demand for a 6-percent wage hike.

companyNews reuters.com

BRIEF-Gain Capital Announces Monthly Metrics For November 2017

* RETAIL SEGMENT OTC TRADING VOLUME FOR NOV 2017 WAS $207 BILLION, DOWN 19.5 PERCENT

businessNews reuters.com

Hotly anticipated bitcoin futures ease off after 22 percent surge

NEW YORK/SYDNEY/LONDON (Reuters) - Bitcoin futures eased back from an initial surge of almost 22 percent to trade up 13 percent on Monday, in an eagerly awaited U.S. market debut that backers hope will confer greater legitimacy on the volatile cryptocurrency and lead to its wider use.

healthNews reuters.com

Indonesia races to contain diphtheria outbreak ahead of 2018 Asian Games

JAKARTA (Reuters) - Health authorities in Jakarta kicked off a special immunization program on Monday to rein in an "extraordinary" outbreak of diphtheria that has sparked concerns about the Indonesian capital’s readiness to host the Asian Games next June. Diphtheria cases have spiked 42 percent since last year, health officials say, with at least 32 deaths and more than 590 cases recorded across the archipelago, the bulk of them in densely populated Jakarta and neighboring provinces.

companyNews reuters.com

EMERGING MARKETS-Dollar decline and data lift lira, emerging markets

LONDON, Dec 11 (Reuters) - A weaker dollar and better-than-forecast economic data briefly lifted the Turkish lira to two-week highs on Monday, against a backdrop of generally firmer emerging assets and a half-percent rise in emerging equities.

environmentNews reuters.com

Japan sees 60 pct chance of La Nina weather pattern lasting until May

TOKYO (Reuters) - Japan's weather bureau said on Monday that a La Nina weather pattern has emerged, with a 60 percent chance of it lasting though to the end of spring in May.

companyNews reuters.com

RPT-COLUMN-The boldest market call for 2018? The consensus: McGeever

LONDON, Dec 8 (Reuters) - Credit markets should brace for a U.S. recession, the U.S. yield curve will invert and growth in America will reach President Trump's lofty and oft-derided target of 4 percent.

businessNews reuters.com

Ford's November China vehicle sales drop 8 percent year-on-year

(Reuters) - Ford Motor Co's sales in China fell 8 percent in November from a year ago, following a 5 percent decline in October, the U.S. automaker said on Monday.

companyNews reuters.com

Nikkei rises to close at 25-year high, construction companies fall

TOKYO, Dec 11 (Reuters) - Japanese stocks hit a fresh 25-year high on Monday in choppy trade as gains in financial shares and large cap stocks offset falls in real estate and construction companies, with Obayashi Corp diving more than 7 percent.

companyNews reuters.com

Ford's November China vehicle sales drop 8 pct y/y

Dec 11 (Reuters) - Ford Motor Co's sales in China fell 8 percent in November from a year ago, following a 5 percent decline in October, the U.S. automaker said on Monday.

companyNews reuters.com

UPDATE 4-Hotly anticipated bitcoin futures surge 21 percent on debut

* Big U.S. banks, brokerages give launch a mixed reception (Updates prices)

technologyNews reuters.com

Hotly anticipated bitcoin futures surge 21 percent on debut

NEW YORK/SYDNEY (Reuters) - Bitcoin futures jumped more than 20 percent in their eagerly anticipated U.S. debut, which backers hope will encourage wider use and legitimacy for the world's largest cryptocurrency even as critics warn of the risk of a bubble and price collapse.

companyNews reuters.com

UPDATE 3-Hotly anticipated bitcoin futures surge 21 percent on debut

* Big U.S. banks, brokerages give launch a mixed reception (Updates prices, adds quote)

companyNews reuters.com

Nikkei flat as real estate, construction stocks weigh

TOKYO, Dec 11 (Reuters) - Japanese stocks struggled for traction on Monday as gains in financial shares were offset by drops in real estate and construction companies, with Obayashi Corp diving more than 8 percent.

Colleges and Universities nytimes.com

Big Jump in Million-Dollar Pay Packages for Private College Leaders

An annual survey showed that 58 presidents of private colleges earned more than $1 million, while the average pay package rose 9 percent.

healthNews reuters.com

Gilead's new drug keeps 56 percent of lymphoma trial patients alive

(Reuters) - More than half of trial patients with an advanced, aggressive form of blood cancer lived for at least a year after one-time treatment with Yescarta, a novel therapy sold by Gilead Sciences Inc, according to study results presented on Sunday.

companyNews reuters.com

Israel Chemicals sells stake in desalination firm IDE for $167 mln

JERUSALEM, Dec 10 (Reuters) - Israel Chemicals (ICL) said on Sunday it completed a sale of its 50 percent holding in water desalination firm IDE Technologies for $167 million.

sportsNews reuters.com

Formula One reports bigger crowds, Mexico best race again

PARIS (Reuters) - Formula One saw an eight percent rise in the number of fans attending races in 2017 with 13 of the 20 races reporting bigger crowds, according to figures published by the sport's commercial rights holder.

companyNews reuters.com

BRIEF-Silence Therapeutics Cuts Stake In Arrowhead Pharma To 3.7 Pct From 6.4 Pct

* SILENCE THERAPEUTICS PLC CUTS STAKE IN ARROWHEAD PHARMACEUTICALS TO 3.7 PERCENT AS OF DECEMBER 8 FROM A STAKE OF 6.4 PERCENT AS OF NOVEMBER 29 - SEC FILING Source text: (http://bit.ly/2BPqQSX) Further company coverage:

companyNews reuters.com

BRIEF-Capital Research Global Investors Reports 12.6 Pct Passive Stake In Bandwidth Inc As Of Nov 30

* CAPITAL RESEARCH GLOBAL INVESTORS REPORTS 12.6 PERCENT PASSIVE STAKE IN BANDWIDTH INC AS OF NOVEMBER 30 - SEC FILING Source text: (http://bit.ly/2kJzKOE) Further company coverage:

companyNews reuters.com

BRIEF-Capital Research Global Investors Reports 11.1 Pct Passive Stake In Integra Lifesciences As Of Nov 30

* CAPITAL RESEARCH GLOBAL INVESTORS REPORTS 11.1 PERCENT PASSIVE STAKE IN INTEGRA LIFESCIENCES HOLDINGS CORP AS OF NOVEMBER 30 - SEC FILING Source text: (http://bit.ly/2jb88l1) Further company coverage:

companyNews reuters.com

BRIEF-Qiao Zhongxing Reports 9.9 Percent Stake In UTStarcom

* QIAO ZHONGXING REPORTS 9.9 PERCENT STAKE IN UTSTARCOM HOLDINGS CORP AS OF NOVEMBER 28 - SEC FILING Source: (http://bit.ly/2jbYDCb) Further company coverage:

businessNews reuters.com

Bitcoin drops after dramatic gains ahead of futures launch

LONDON/NEW YORK (Reuters) - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse.

companyNews reuters.com

UPDATE 1-Retailers' Dec. imports to rise on last-minute restocking -NRF

Dec 8 (Reuters) - Imports by retailers are estimated to rise 1.5 percent in December, indicating that companies are expecting strong sales through the holiday season, according to industry group National Retail Federation (NRF).

companyNews reuters.com

UPDATE 3-Bitcoin drops after dramatic gains ahead of futures launch

(Updates prices, adds graphic, analyst comment) By Jemima Kelly and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, Dec 8 (Reuters) - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse. In a hectic day on Thursday, bitcoin leapt from below $16,000 to $19,500 in less than an hour on the U.S.-based GDAX, one of the biggest exchanges globally, while it was

companyNews reuters.com

BRIEF-Alta Park Capital Reports 5.95 Pct Passive Stake In Bandwidth

* ALTA PARK CAPITAL LP REPORTS 5.95 PERCENT PASSIVE STAKE IN BANDWIDTH INC AS OF NOV 30 - SEC FILING‍​ ‍​ Source text: (http://bit.ly/2yPOqjL) Further company coverage:

businessNews reuters.com

Bitcoin tumbles after dramatic gains ahead of futures launch

LONDON/NEW YORK (Reuters) - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse.

companyNews reuters.com

Retailers' December imports to rise on last-minute restocking-NRF

Dec 8 (Reuters) - Imports by retailers are forecast to rise 1.5 percent in December year-over-year, indicating that companies are expecting strong sales through the holiday season, according to industry group National Retail Federation (NRF).

businessNews reuters.com

Steinhoff shares climb off 14-year low in volatile trade

JOHANNESBURG (Reuters) - Steinhoff shares plunged another 50 percent on Friday, before paring some losses as traders booked profits on short positions taken out after the South African retailer disclosed accounting irregularities earlier this week.

companyNews reuters.com

BRIEF-Graco Announces 3-For-1 Stock Split And Increases Quarterly Dividend By 10.4 Percent

* GRACO ANNOUNCES 3-FOR-1 STOCK SPLIT AND INCREASES QUARTERLY DIVIDEND BY 10.4 PERCENT

environmentNews reuters.com

Norway cuts payments to Brazil after Amazon forest losses rise

OSLO (Reuters) - Norway has slashed its annual payments to Brazil to protect the Amazon rainforest by 60 percent to $42 million after a rise in forest destruction in 2016, but welcomed signs that losses have slowed this year, Norway's Environment Ministry said on Friday.

companyNews reuters.com

BRIEF-Linden Capital Reports A 5.1 Pct Passive Stake In Sucampo Pharmaceuticals

* LINDEN CAPITAL L.P REPORTS 5.1 PERCENT PASSIVE STAKE IN SUCAMPO PHARMACEUTICALS INC AS OF DECEMBER 6, 2017 - SEC FILING Source text : [http://bit.ly/2jz2syj] Further company coverage:

companyNews reuters.com

BRIEF-Edgepoint Investment Group Reports 10.6 Pct Passive Stake In Novelion Therapeutics

* EDGEPOINT INVESTMENT GROUP INC REPORTS 10.6 PERCENT PASSIVE STAKE IN NOVELION THERAPEUTICS INC AS OF NOVEMBER 30 - SEC FILING Source text : http://bit.ly/2yOFk6N Further company coverage:

companyNews reuters.com

EMERGING MARKETS-LatAm currencies seesaw on mixed U.S. jobs data

By Bruno Federowski SAO PAULO, Dec 8 (Reuters) - Latin American currencies seesawed on Friday after U.S. job growth posted solid gains in November but wages rose less than expected. U.S. nonfarm payrolls rose by 228,000 jobs last month amid broad gains in hiring as the distortions from the recent hurricanes faded. Still, average hourly earnings rose 0.2 percent, less than the 0.3 percent consensus estimate. The figures left investors guessing over the pace of U.S. interest rate h

businessNews reuters.com

After dramatic gains, bitcoin tumbles 20 percent in 10 hours

LONDON/TOKYO (Reuters) - Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 percent in the preceding 48 hours, sparking fears the market may be heading for a price collapse.

businessNews reuters.com

Singapore's ComfortDelGro buys majority stake in Uber unit

(Reuters) - Singapore's top taxi operator ComfortDelGro Corp will buy a 51 percent stake in a unit of Uber [UBER.UL] that runs a fleet of private hire vehicles, as the companies seek to bridge the gap with dominant ride-hailing firm Grab.

companyNews reuters.com

UPDATE 2-Singapore's ComfortDelGro buys majority stake in Uber unit

Dec 8 (Reuters) - Singapore's top taxi operator ComfortDelGro Corp will buy a 51 percent stake in a unit of Uber that runs a fleet of private hire vehicles, as the companies seek to bridge the gap with dominant ride-hailing firm Grab.

businessNews reuters.com

Steinhoff shares bounce off 14-year low in volatile trade

JOHANNESBURG (Reuters) - Steinhoff shares plunged another 50 percent on Friday, before recovering as traders booked profits on short positions taken out after the South African retailer disclosed accounting irregularities earlier this week.

companyNews reuters.com

COLUMN-The boldest market call for 2018? The consensus: McGeever

LONDON, Dec 8 (Reuters) - Credit markets should brace for a U.S. recession, the U.S. yield curve will invert and growth in America will reach President Trump's lofty and oft-derided target of 4 percent.

companyNews reuters.com

UPDATE 1-Singapore's ComfortDelGro buying majority stake in Uber unit for $218 mln

Dec 8 (Reuters) - Singapore's ComfortDelGro Corp said on Friday it is buying a 51 percent stake in private hire vehicle fleet owner Lion City Holdings from Uber Technologies' unit Mieten B.V. for S$295 million ($217.99 million) in cash, in a bid to tackle local rival Grab.

companyNews reuters.com

Singapore's ComfortDelGro buying majority stake in Uber unit for $218 mln

Dec 8 (Reuters) - Singapore's ComfortDelGro Corp said on Friday it is buying a 51 percent stake in private hire vehicle fleet owner Lion City Holdings from Uber Technologies' unit Mieten B.V. for S$295 million ($217.99 million) in cash.

businessNews reuters.com

Asia cheers China trade boost, bitcoin comes off heady heights

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations while bitcoin, the market's new crypto-star, tumbled more than 10 percent after a meteoric ascent in recent weeks.

businessNews reuters.com

Bitcoin plummets more than 12 percent to below $15,000

TOKYO (Reuters) - Bitcoin tumbled more than 12 percent in volatile Asian trading on Friday, dropping below the $15,000 level after touching a record high above $16,000 earlier in the session.

companyNews reuters.com

BRIEF-Taiwan's Compal clarifies media reports on Lenovo eyeing stake in the company

* SAYS MEDIA REPORTS ON LENOVO INTENDS TO ACQUIRE 20 PERCENT SHARES OF COMPAL IS NOT IN LINE WITH THE FACTS - CLARIFYING MEDIA REPORTS Source text for Eikon: Further company coverage: (Reporting by Hong Kong newsroom)

businessNews reuters.com

Bitcoin blows past $16,000, alarm bells ring louder

LONDON/NEW YORK (Reuters) - Bitcoin rocketed to a lifetime high well above $16,000 on Thursday after climbing some 67 percent over one week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst.

companyNews reuters.com

UPDATE 4-Bitcoin blows past $16,000, alarm bells ring louder

LONDON/NEW YORK, Dec 7 (Reuters) - Bitcoin rocketed to a lifetime high well above $16,000 on Thursday after climbing some 67 percent over one week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst.

Bitcoin (Currency) nytimes.com

Bitcoin’s Price Has Soared. What Comes Next?

The value of a single Bitcoin has risen 1,500 percent this year. Traditional financial institutions and a dose of irrationality are fueling the boom.

healthNews reuters.com

Antibiotics sales for use in U.S. farm animals dropped in 2016: FDA

CHICAGO (Reuters) - The sale and distribution of antibiotics approved for use in food-producing animals in the United States decreased by 10 percent from 2015 to 2016, a U.S. Food and Drug Administration (FDA) report said on Thursday.

companyNews reuters.com

BRIEF-Morgan Stanley Reports 5 Pct Passive Stake In Atara Biotherapeutics As Of Nov 27

* MORGAN STANLEY REPORTS 5.0 PERCENT PASSIVE STAKE IN ATARA BIOTHERAPEUTICS INC AS OF NOVEMBER 27 - SEC FILING Source text: (http://bit.ly/2jrEZiq) Further company coverage:

politicsNews reuters.com

Exclusive: White House doesn't foresee shutdown, Trump wants 20 percent corporate tax

WASHINGTON (Reuters) - The White House is confident it can craft a deal to avoid a government shutdown and foresees a compromise with lawmakers that will include increases in defense and non-defense spending, White House legislative affairs director Marc Short said on Thursday.

businessNews reuters.com

Bitcoin flirts with $16,000, alarm bells ring louder

LONDON/NEW YORK (Reuters) - Bitcoin rocketed to a lifetime high just shy of $16,000 on Thursday after climbing some 60 percent in just over a week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst.

companyNews reuters.com

UPDATE 2-Bitcoin flirts with $16,000, alarm bells ring louder

LONDON/NEW YORK, Dec 7 (Reuters) - Bitcoin rocketed to a lifetime high just shy of $16,000 on Thursday after climbing some 60 percent in just over a week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst.