News Trends, News Analysis, News Archive.



Related Articles

companyNews reuters.com

UK PM May says RBS branch closures are a commercial matter for the bank

LONDON, Dec 13 (Reuters) - British Prime Minister Theresa May said that branch closures announced by the Royal Bank of Scotland were a commercial matter for the bank, after she was asked to intervene to halt the closures.

lifestyleMolt reuters.com

It's a rum thing: Madeira's lost spirit gets a boost

FUNCHAL, Portugal (Reuters) - The Portuguese island of Madeira is best known for its eponymous fortified wine, but it was not always king of drinks alone -- there was rum, too.

businessNews reuters.com

VW bank expects profit rise in 2017 despite diesel scandal

FRANKFURT (Reuters) - The financial arm of German carmaker Volkswagen said on Wednesday that it expects a rise in operating profit in 2017, despite a diesel scandal that has rocked the industry.

companyNews reuters.com

BRIEF-‍Yandex, Sberbank enter into agreement for Yandex.Market joint venture​

* ‍YANDEX AND SBERBANK ENTER INTO BINDING AGREEMENT FOR YANDEX.MARKET JOINT VENTURE​

companyNews reuters.com

RPT-UPDATE 1-Banks eye Paris airports operator in Macron privatisation drive -sources

LONDON/FRANKFURT, Dec 12 (Reuters) - Investment banks are vying to work with potential buyers or the French government on the sale of its majority stake in Aeroports de Paris (ADP) , sources close to the matter said, in one of the largest infrastructure deals expected to come to market in 2018.

worldNews reuters.com

Judges consider HK double murder appeal by convicted former British banker

HONG KONG (Reuters) - Three judges in Hong Kong's Court of Appeal are set to decide the fate of a former British banker who was jailed for life last year for the murder of two Indonesian women he tortured and raped after his appeal hearing closed on Wednesday.

companyNews reuters.com

UPDATE 2-Brazil banks agree to reimburse depositors for losses

BRASILIA, Dec 12 (Reuters) - Brazilian banks agreed on Tuesday to compensate depositors for losses from government plans that tackled hyperinflation in the 1980s and 1990s, potentially settling over a million legal disputes that have hung over the country's banking system.

companyNews reuters.com

BRIEF-SmartFinancial Inc To Acquire Southern Community Bank

* SMARTFINANCIAL, INC. TO ACQUIRE TULLAHOMA, TN-BASED SOUTHERN COMMUNITY BANK

companyNews reuters.com

BRIEF-Heartland Financial USA Announces Plan To Acquire First Bank Lubbock Bancshares In Texas

* HEARTLAND FINANCIAL USA, INC. ANNOUNCES PLAN TO ACQUIRE FIRST BANK LUBBOCK BANCSHARES, INC. IN TEXAS

companyNews reuters.com

BRIEF-Sinclair Raises Additional Term Loans And Amends Bank Credit Agreement

* SINCLAIR RAISES ADDITIONAL TERM LOANS AND AMENDS BANK CREDIT AGREEMENT

cnn.com

Spokesman says Moore 'probably' thinks homosexual conduct should be illegal

Roy Moore campaign spokesman Ted Crockett defends his candidate's views on homosexuality.

cnn.com

Young boxers think outside the ring

Growing up in Detroit was not easy for Khali Sweeney.

companyNews reuters.com

BRIEF-Electromed Inc Says Renewed Its $2.5 Million Revolving Line Of Credit With Venture Bank

* ELECTROMED INC - ON DEC 12, CO RENEWED ITS $2.5 MILLION REVOLVING LINE OF CREDIT WITH VENTURE BANK PURSUANT TO RIDER TO BUSINESS LOAN AGREEMENT

companyNews reuters.com

UPDATE 1-Brazil banks agree to reimburse depositors for losses

BRASILIA, Dec 12 (Reuters) - Brazilian banks agreed on Tuesday to compensate depositors for losses from government plans that tackled hyperinflation in the 1980s and 1990s, settling over a million legal disputes that have hung over the country's banking system.

businessNews reuters.com

S&P, Dow rise with help from banks, Nasdaq lags

(Reuters) - Wall Street stocks were higher on Tuesday afternoon with the biggest boost from the financial sectors as investors bet on strong economic growth a day ahead of the U.S. Federal Reserve's widely-expected hike in interest rates.

companyNews reuters.com

US STOCKS-S&P, Dow rise with help from banks, Nasdaq lags

* Indexes: Dow up 0.64 pct, S&P up 0.34 pct, Nasdaq down 0.02 pct (Updates to late afternoon, adds commentary, changes byline)

Climate Change (Album) nytimes.com

How Much Food Do We Waste? Probably More Than You Think

Globally, we throw out about a third of all food. That matters a lot in the fight against hunger, but reducing waste could also help cut greenhouse gas emissions.

businessNews reuters.com

S&P, Dow at record levels as Boeing, bank stocks gain

(Reuters) - The S&P and the Dow hit record levels in early afternoon trading on Tuesday as Boeing rose and bank stocks gained ahead of a near certain move by the Federal Reserve to raise interest rate.

New York Times nytimes.com

11 Things We Learned From Our Readers This Year

How to speak your love briefly. How to heal from trauma. How to stop thinking and start doing. Here's what you, our readers, taught us this year.

businessNews reuters.com

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

(Reuters) - The S&P 500 and the Dow advanced in late morning trade on Tuesday as Boeing's shares hit a record and bank stocks rose ahead of a near certain move by the Federal Reserve to raise interest rate.

cnn.com

Analysis: Trump got 3 things wrong in 1 tweet this morning

On Tuesday morning, President Donald Trump tweeted.

companyNews reuters.com

UPDATE 1-Banks eye Paris airports operator in Macron privatisation drive -sources

LONDON/FRANKFURT, Dec 12 (Reuters) - Investment banks are vying to work with potential buyers or the French government on the sale of its majority stake in Aeroports de Paris (ADP) , sources close to the matter said, in one of the largest infrastructure deals expected to come to market in 2018.

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

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

* Indexes: Dow up 0.30 pct, S&P up 0.04 pct, Nasdaq off 0.1 pct (Updates to open)

companyNews reuters.com

BRIEF-JG Wentworth Says Co, Units Filed Voluntary Cases Under Chapter 11 In United States Bankruptcy Court

* JG WENTWORTH SAYS ON DEC 12, CO, UNITS FILED VOLUNTARY CASES UNDER CHAPTER 11 IN UNITED STATES BANKRUPTCY COURT FOR DISTRICT OF DELAWARE - SEC FILING

companyNews reuters.com

BRIEF-Dextera Surgical Files For Chapter 11 Bankruptcy

* DEXTERA SURGICAL FILES FOR CHAPTER 11 BANKRUPTCY AND SIGNS ASSET PURCHASE AGREEMENT WITH AESCULAP, INC.

cnn.com

If Doug Jones defeats Roy Moore tonight, he'll achieve something that hasn't been done in more than a decade

environmentNews reuters.com

World Bank says will cease financing upstream oil and gas after 2019

PARIS (Reuters) - The World Bank said on Tuesday it will no longer finance upstream oil and gas projects after 2019, apart from certain gas projects in the poorest countries in exceptional circumstances.

Elections, Senate nytimes.com

Alabama Senate Race: Four Things to Watch

Alabama voters go to the polls to choose between Roy S. Moore and Doug Jones in a special election with huge stakes for both parties and President Trump.

companyNews reuters.com

M&A dominates Europe share trading; weak banks offset oil boost

LONDON, Dec 12 (Reuters) - Mergers and acquisitions dominated early European share trading on Tuesday, while strong oil and tech stocks were not enough to offset a decline in banks.

technologyNews reuters.com

Philippine bank accuses Bangladesh of heist 'cover-up'

MANILA (Reuters) - The Philippines bank through which $81 million stolen from Bangladesh's central bank was channeled in February 2016 has accused Dhaka's monetary authority of covering up its negligence and demanded that it stop making the bank a "scapegoat."

worldNews reuters.com

British banker to appeal against life sentence for Hong Kong double murder

HONG KONG (Reuters) - A British banker, jailed for life in Hong Kong last year for the murder of two Indonesian women he tortured and raped in his luxury apartment, is due to launch an appeal on Tuesday.

businessNews reuters.com

Hackers hit U.S., Russian banks in ATM robbery scam: report

FRANKFURT (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.

companyNews reuters.com

UPDATE 1-Hackers hit U.S., Russian banks in ATM robbery scam-report

FRANKFURT, Dec 11 (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.

businessNews reuters.com

WTO losing focus, must rethink development: U.S. trade chief

BUENOS AIRES (Reuters) - U.S. President Donald Trump's trade chief said on Monday that the World Trade Organization is losing its focus on trade negotiations in favor of litigation and needed to rethink how it defines developing economies.

businessNews reuters.com

Hackers hit major ATM network after U.S., Russian bank breaches: report

FRANKFURT (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.

businessNews reuters.com

Japan's SMBC Nikko poised to poach bankers in push for U.S. growth

TOKYO (Reuters) - Sumitomo Mitsui Financial Group Inc's brokerage unit is ready to poach bankers to expand its U.S. investment banking arm and could even buy small firms if the right target comes up, its chief executive said.

companyNews reuters.com

BRIEF-Idex Corporation To Acquire Thinxxs Microtechnology AG

* ‍THINXXS WILL OPERATE WITHIN IDEX HEALTH & SCIENCE LLC PART OF IDEX'S HEALTH AND SCIENCE TECHNOLOGIES SEGMENT​ Source text for Eikon: Further company coverage:

businessNews reuters.com

Lighthizer says WTO losing focus, must rethink development

BUENOS AIRES (Reuters) - U.S. President Donald Trump's trade chief said on Monday that the World Trade Organization is losing its focus on trade negotiations in favor of litigation and needed to rethink how it defines developing economies.

companyNews reuters.com

CANADA STOCKS-TSX slips at open as banks, railways move lower

TORONTO, Dec 11 (Reuters) - Canada's main stock index edged lower in early trade on Monday, with declines in banks and railway stocks offsetting small overall gains for the materials sector.

Drugs (Pharmaceuticals) nytimes.com

The New Health Care: People Don’t Take Their Pills. Only One Thing Seems to Help.

High-tech approaches and “reminder” packaging don’t work well. Reducing prices does.

Sexual Harassment nytimes.com

Sexual Harassment Training Doesn’t Work. But Some Things Do.

Traditional methods can backfire, but ideas like teaching bystanders to intervene and promoting more women have proved effective.

companyNews reuters.com

BRIEF-Laurentian Bank Of Canada says on Dec 5, disclosed issues arising from a review of mortgages that it had sold to a third party purchaser

* Laurentian Bank Of Canada - On Dec 5, co disclosed issues arising from a review of mortgages that it had sold to a third party purchaser

cnn.com

GOP's Collins says her tax vote isn't a sure thing

Sen. Susan Collins (R-ME) said that she hasn't made a decision yet about whether or not she will vote for the the Republican tax reform plan.

technologyNews reuters.com

Mubadala has done 15 to 16 investments in Silicon Valley as part of the Softbank fund

ABU DHABI (Reuters) - Abu Dhabi's state investor, Mubadala [MUDEV.UL], has made 15 to 16 investments in Silicon Valley as part of a partnership with Softbank Group, deputy group CEO, Waleed al-Muhairi, told a conference in Abu Dhabi.

topNews reuters.com

Anti-Trump protests wane in Jerusalem, West Bank; flare in Beirut

JERUSALEM (Reuters) - Palestinian protests waned in the occupied West Bank and in the Gaza Strip on Sunday while violence flared near the U.S. embassy in Beirut over U.S. President Donald Trump's decision to recognize Jerusalem as Israel's capital.

businessNews reuters.com

Bangladesh minister says wants to 'wipe out' Manila bank for heist role

DHAKA (Reuters) - Bangladesh's finance minister said late on Saturday he wanted to "wipe out" a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank's account with the Federal Reserve Bank of New York last year.

cnn.com

Shopping for someone who has everything?

There always seem to be a few people on your holiday gift list who already have it all. So much so that it doesn't matter if you're eyeing the latest iPhone X or some everyday cookware essentials -- they've already got them. It makes finding the perfect gift a real challenge.

Alabama nytimes.com

Alabama, Despite History of Unruly Politics, Has ‘Never Seen Anything Like This’

The wild and ugly campaign for Senate, fraught with incendiary comments and molestation claims, has left even veterans of the state’s politics searching for parallels.

companyNews reuters.com

Boston Herald files for bankruptcy protection to pursue sale

SAN FRANCISCO, Dec 8 (Reuters) - The parent company of the Boston Herald filed for Chapter 11 bankruptcy on Friday and will look to sell the newspaper to Gatehouse Media LLC, a move that underscores the hard times facing traditional print journalism.

politicsNews reuters.com

U.S. lawyer defending travel ban grilled in court over Trump's tweets

WASHINGTON/NEW YORK (Reuters) - Federal appeals court judges on Friday asked about President Donald Trump's sharing of anti-Muslim videos on his Twitter account, as they grilled a U.S. government lawyer about the legality of the president's latest travel ban.

businessNews reuters.com

Deutsche Bank can cope with Basel III outcome: CFO in paper

BERLIN (Reuters) - Deutsche Bank is able to cope with the stricter capital rules on banks that were agreed this week, its finance chief told a German paper.

PersonalFinance reuters.com

UBS investment bank head wary on 2018 outlook

ZURICH (Reuters) - The head of Swiss bank UBS's investment banking business gave a cautious outlook for market conditions next year, with fees set to fall again and volatility staying low.

companyNews reuters.com

UPDATE 1-China imposes record fine on Guangfa Bank over guarantees for defaulted bonds

BEIJING, Dec 8 (Reuters) - China's banking regulator has confiscated illegal income and imposed fines on China Guangfa Bank Co totalling 722 million yuan ($109 million) for providing illegal guarantees for defaulted corporate bonds sold through an Alibaba-backed online finance platform, it said on Friday.

cnn.com

November jobs report: 4 things to watch

companyNews reuters.com

China Guangfa Bank fined $109 million for rule violation - regulator

BEIJING, Dec 8 (Reuters) - China's banking regulator has fined China Guangfa Bank Co 722 million yuan ($109.12 million) for providing illegal guarantees for defaulted corporate bonds, it said on Friday.

companyNews reuters.com

UPDATE 1-SoftBank to invest $300 mln in food delivery firm DoorDash - Recode

Dec 7 (Reuters) - SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.

companyNews reuters.com

BRIEF-India's City Union Bank Says Mastercard Reported Improper Debit Card Transactions To Co

* SAYS MASTERCARD RECENTLY REPORTED TO CO CERTAIN SET OF IMPROPER DEBIT CARD TRANSACTIONS

technologyNews reuters.com

SoftBank to invest $300 million in food delivery firm DoorDash: Recode

(Reuters) - SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.

companyNews reuters.com

SoftBank to invest $300 mln in food delivery firm DoorDash - Recode

Dec 7 (Reuters) - SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.

companyNews reuters.com

BRIEF-SoftBank Is Preparing To Invest Around $300 Million Into The Food Delivery Startup Doordash- Recode, Citing Sources

* SOFTBANK IS PREPARING TO INVEST AROUND $300 MILLION INTO THE FOOD DELIVERY STARTUP DOORDASH- RECODE, CITING SOURCES Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Luther Burbank Corporation Announces Pricing Of Initial Public Offering

* SAYS INITIAL PUBLIC OFFERING OF 12.2 MILLION COMMON SHARES PRICED AT $10.75PER SHARE

businessNews reuters.com

Exclusive: Bangladesh Bank, NY Fed discuss suing Manila bank for heist damages

DHAKA (Reuters) - Bangladesh's central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world's biggest cyber-heists, several sources said.

cnn.com

Rep. Castro: Surprising, disturbing things will come out in Russia investigation

Rep. Joaquin Castro says he believes some of the things that will come out in regard to the Russia investigation will be surprising and disturbing to the American people.

companyNews reuters.com

BRIEF-Investors Bank Announces Workforce Reduction And Branch Closures

* INVESTORS BANK ANNOUNCES WORKFORCE REDUCTION AND BRANCH CLOSURES

cnn.com

Majority polled think there was probably improper contact

President Donald Trump's approval rating sits at 32%, according to a new poll released by the Pew Research Center, matching the lowest level in any poll on his approval since he took office in January.

worldNews reuters.com

Brexit Irish border deal possible within hours

BRUSSELS/DUBLIN (Reuters) - The United Kingdom and Ireland could reach agreement in hours on how to run their post-Brexit Irish land border, paving the way for a deal that would remove the last obstacle to opening free-trade talks with the European Union.

cnn.com

If you think Pence rule is a good idea, think again

technologyNews reuters.com

Deutsche Bank says more regulation of cryptocurrencies needed

BERLIN (Reuters) - More regulation and some degree of security are needed to make cryptocurrencies such as bitcoin a serious new asset class for investors, Deutsche Bank Chief Investment Officer Christian Nolting said.

Hummingbirds nytimes.com

Trilobites: You Should Think of Hummingbirds as Bees With Feathers

Scientists say it will be easier to understand hummingbirds in some cases if we use insights gained from the study of bees.

companyNews reuters.com

CANADA STOCKS-TSX rises with banks, energy stocks

TORONTO, Dec 7 (Reuters) - Canada's main stock index ticked higher in early trade on Thursday, helped by gains among its heavyweight financial and energy sectors.

companyNews reuters.com

BRIEF-Molina Healthcare - On Dec 4 Co Entered Commitment Letter With Suntrust Bank And SunTrust Robinson Humphrey

* MOLINA HEALTHCARE - ON DEC 4 CO ENTERED COMMITMENT LETTER WITH SUNTRUST BANK AND SUNTRUST ROBINSON HUMPHREY - SEC FILING

PersonalFinance reuters.com

Retail disruption is nothing compared to gnarly first jobs

NEW YORK (Reuters) - If any industry is in the throes of total disruption right now, it is retail.

nytimes.com

5 Cheap(ish) Things to Help You Have a Very Hygge Winter

Welcome to the latest edition of the Smarter Living newsletter.

businessNews reuters.com

HSBC has 3-year head start on foreign investment banking rivals in China: Gulliver

HONG KONG (Reuters) - HSBC has a three-year head start on its foreign investment banking rivals in China because of the British bank's unique position of having management control of its securities venture there, chief executive Stuart Gulliver said on Thursday.

companyNews reuters.com

CORRECTED-UPDATE 5-Trump lawyer denies Deutsche Bank got subpoena on Trump accounts

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by people or entities close to President Donald Trump, a person close to the matter said on Tuesday.

companyNews reuters.com

BRIEF-Broadcom Says Expect Proposed Qualcomm Deal Will Be Completed Within About 12 Months Following Signing Of Definitive Agreement

* BROADCOM CFO - EXPECT THAT PROPOSED QUALCOMM TRANSACTION WILL BE COMPLETED WITHIN ABOUT 12 MONTHS FOLLOWING SIGNING OF DEFINITIVE AGREEMENT - CONF CALL‍​

Fashion and Apparel nytimes.com

A Clothing Line That Simplifies Getting Dressed

With Wardrobe NYC, the designers Christine Centenera and Josh Goot are aiming to take over your closet — no over-analysis needed.

Coats and Jackets nytimes.com

What’s Next for Bode Miller After Skiing? Hint: Think Fashion

The newly retired skier teamed up with Aztech Mountain, a sports apparel start-up, and will be an NBC commentator during the Winter Games.

Paleontology nytimes.com

Trilobites: This Duck-Like Dinosaur Could Swim. That Isn’t the Strangest Thing About it.

With a swan-like neck and flippers, this raptor’s hodgepodge of features left paleontologists working to confirm that this fossil was a fraud.

cnn.com

Bankrupt Toys 'R' Us puts aside $16 million for executive bonuses

businessNews reuters.com

U.S. Comptroller halts plan to remove in-house bank examiners

WASHINGTON (Reuters) - Bank examiners can continue working inside the banks they supervise, U.S. Comptroller of the Currency Joseph Otting said on Wednesday, in a policy reversal for the U.S. banking regulator.

companyNews reuters.com

MOVES-Houlihan Lokey government services bankers decamp for Baird

WASHINGTON, Dec 6 (Reuters) - Two senior investment bankers specializing in government services, aerospace and defense are departing boutique investment bank Houlihan Lokey Inc for competitor Robert W. Baird, three people familiar with the moves said on Wednesday.

worldNews reuters.com

U.S. asks officials to defer travel to Israel, West Bank to December 20

WASHINGTON (Reuters) - The U.S. State Department issued a cable to all its diplomatic posts worldwide on Wednesday asking its officials to defer non-essential travel to Israel, Jerusalem and the West Bank until Dec. 20 according to a copy of the cable seen by Reuters.

cnn.com

Analysis: Something very weird is going on with Trump's Twitter feed right now

President Donald Trump is -- almost -- nowhere on Twitter right now.

companyNews reuters.com

BRIEF-Bank Of Nova Scotia- Announced Partnerships With Viola Group And Team8

* BANK OF NOVA SCOTIA- ANNOUNCED PARTNERSHIPS WITH TWO ISRAELI TECHNOLOGY COS, VIOLA GROUP AND TEAM8 Source text for Eikon: Further company coverage:

businessNews reuters.com

Exclsuive: China's Xiaomi seeks bank pitches for 2018 IPO - sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

businessNews reuters.com

Exclusive: China's Xiaomi seeks bank pitches for 2018 IPO - sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

businessNews reuters.com

China's Xiaomi seeks bank pitches for 2018 IPO: sources

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has asked banks to pitch next Friday for an initial public offering in 2018, people familiar with the plan told Reuters.

businessNews reuters.com

Exclusive: Baupost expected to make quick profit in Westinghouse bankruptcy- sources

(Reuters) - Hedge funds led by the Baupost Group LLC are poised to score a $170 million profit in less than three months from a bet tied to Toshiba Corp's bankrupt nuclear unit Westinghouse Electric Corp, according to three people familiar with the matter.

companyNews reuters.com

UPDATE 1-Apple, Facebook find something to praise China for amid internet clamp

WUZHEN, China, Dec 5 (Reuters) - Top executives at Apple Inc and Facebook Inc managed to find something to praise Beijing for at an internet conference in China this week, even as its Communist Party rulers ban Western social media and stamp on online dissent.

cnn.com

6-year-old writes scathing letter to Santa

Santa gets lots of letters, but none like this one. A 6-year old writes, "I know your notty list is emty. And your good list is emty. And your life is emty." CNN's Jeanne Moos has the story.

companyNews reuters.com

EMERGING MARKETS-Mexico index rises on bank deal; Brazil's Bovespa dips

(Updates prices, adds details on Mexican stock index) SAO PAULO, Dec 5 (Reuters) - Mexico's S&P/BVM IPC share index rose 0.64 percent on Tuesday, recovering some ground after falling last week to its lowest level since March. Banorte bank pushed the gains, with its shares rising 2.60 percent as it announced that shareholders approved its acquisition of Grupo Financiero Interacciones, a deal that will create the country's second-biggest bank. The Mexican peso weakened in respons

companyNews reuters.com

REFILE-Gold trader says he never liked Turkish banker facing trial

(Refiles to add dropped text in final two paragraphs.) By Brendan Pierson NEW YORK, Dec 5 (Reuters) - A Turkish gold trader testifying for U.S. prosecutors in the trial of an executive at Turkey's state-owned Halkbank, who is charged with helping Iran evade U.S. sanctions, said Tuesday that he and the banker never liked each other. Reza Zarrab, who has pleaded guilty and is cooperating with U.S. prosecutors in the case, also said he had complained about Halkbank deputy ge

companyNews reuters.com

Laurentian Bank discloses 'misrepresentations' on some mortgages

Dec 5 (Reuters) - Canadian lender Laurentian Bank said an audit had found "documentation issues and client misrepresentations" on some mortgages it had sold to another company, triggering the worst one-day selloff in its shares since 2009.

cnn.com

Chris Ruddy on Mueller investigation: Trump 'thinks there's nothing to it'

President Donald Trump thinks his involvement in the special counsel investigation "will be wrapped up pretty soon," according to Chris Ruddy, the CEO of Newsmax and a longtime friend of the President.

domesticNews reuters.com

Gold trader says he never liked Turkish banker facing trial

NEW YORK (Reuters) - A Turkish gold trader testifying for U.S. prosecutors in the trial of an executive at Turkey's state-owned Halkbank, who is charged with helping Iran evade U.S. sanctions, said Tuesday that he and the banker never liked each other.

politicsNews reuters.com

Trump lawyer denies Deutsche Bank got subpoena on Trump accounts

FRANKFURT/WASHINGTON (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday, but Trump's lawyer denied any such subpoena had been issued.

companyNews reuters.com

UPDATE 5-Trump lawyer denies Deutsche Bank got subpoena on Trump accounts

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday, but Trump's lawyer denied any such subpoena had been issued.

companyNews reuters.com

Trump lawyer: Deutsche Bank has not received subpoena for Trump records

WASHINGTON, Dec 5 (Reuters) - A lawyer for U.S. President Donald Trump said on Tuesday that Deutsche Bank has not received any subpoena for financial records relating to the president or his family as part of the special counsel's Russia probe.

companyNews reuters.com

UPDATE 1-Banorte shareholders vote to create Mexico's No. 2 bank

MONTERREY, Dec 5 (Reuters) - Shareholders in Mexico's Banorte on Tuesday approved the acquisition of Grupo Financiero Interacciones, which will create the country's second-biggest bank.

companyNews reuters.com

UPDATE 4-Deutsche Bank gets subpoena from Mueller on Trump accounts -source

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday.

companyNews reuters.com

UPDATE 2-Deutsche Bank gets subpoena from Mueller on Trump accounts -source

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday.

Falls nytimes.com

Voices: Things I’ll Do Differently When I’m Old

Soon after my 50th birthday, I started keeping a list of “Things I will do/things I won’t do when I get old.” Ten years on, I’m still adding to it.

companyNews reuters.com

BRIEF-OceanFirst Financial's Unit Gets Regulatory Approval From OCC To Merge With Sun National Bank

* OCEANFIRST FINANCIAL- ON DEC 4, CO'S UNIT GOT REGULATORY APPROVAL FROM OFFICE OF COMPTROLLER OF CURRENCY TO MERGE WITH SUN NATIONAL BANK -SEC FILING Source text : (http://bit.ly/2jgvuSZ) Further company coverage:

companyNews reuters.com

CANADA STOCKS-TSX slips as mining losses offset rising bank stocks

TORONTO, Dec 5 (Reuters) - Canada's main stock index edged lower in early trade on Tuesday as falling copper and other commodity prices weighed on mining stocks while shares of banks pushed higher at the tail end of their earnings season.

cnn.com

Ball: I think my son has had enough

In an interview with CNN's Chris Cuomo, LaVar Ball explains why he pulled his son, LiAngelo, from UCLA, saying the punishment has been enough.

politicsNews reuters.com

Deutsche Bank gets subpoena from Mueller on Trump accounts: source

FRANKFURT (Reuters) - U.S. Special Counsel Robert Mueller has asked Deutsche Bank for data on accounts held by President Donald Trump and his family, a person close to the matter said on Tuesday.

cnn.com

Ex-House Majority Leader on Moore: 'I think he deserves to lose'

Former GOP House Majority Leader Eric Cantor said Tuesday that Republican Senate candidate Roy Moore doesn't deserve to win the special election in Alabama.

companyNews reuters.com

MOVES- Deutsche Bank, Lombard Odier IM, Zhejiang Rongsheng

Dec 5 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email moves@thomsonreuters.com.

companyNews reuters.com

Scotiabank says BBVA accepts offer to buy stake in BBVA Chile

Dec 5 (Reuters) - Bank of Nova Scotia said on Tuesday that Banco Bilbao Vizcaya Argentaria S.A. (BBVA) has formally accepted its offer to buy the Spanish lender's stake in BBVA Chile for about $2.2 billion.

companyNews reuters.com

BRIEF-Laurentian Bank Financial Group Reports Q4 Adjusted Earnings Per Share C$1.63

* Q4 REVENUE C$268 MILLION VERSUS I/B/E/S VIEW C$258.3 MILLION

companyNews reuters.com

Apple, Facebook find something to praise China for amid internet clamp

WUZHEN, China, Dec 5 (Reuters) - Top executives at Apple Inc and Facebook Inc managed to find something to praise Beijing for at an internet conference in China this week, even as its Communist Party rulers ban Western social media and stamp on online dissent.

politicsNews reuters.com

Deutsche Bank receives subpoena from Mueller on Trump accounts: source

FRANKFURT (Reuters) - Special Counsel Robert Mueller has asked Deutsche Bank to share data on accounts held by U.S. President Donald Trump and his family, a person close to the matter said on Tuesday.

companyNews reuters.com

Deutsche Bank receives subpoena from Mueller on Trump accounts -source

FRANKFURT, Dec 5 (Reuters) - Special Counsel Robert Mueller has asked Deutsche Bank to share data on accounts held by U.S. President Donald Trump and his family, a person close to the matter said on Tuesday.

companyNews reuters.com

BRIEF-Bank Of Nova Scotia Says BBVA Accepted Scotiabank's Offer To Buy 68.19 Pct Ownership In BBVA Chile For About $2.2 Bln

* BANK OF NOVA SCOTIA-BBVA ACCEPTED SCOTIABANK'S OFFER TO BUY ITS 68.19 PERCENT OWNERSHIP IN BBVA CHILE, FOR ABOUT $2.2 BILLION ​

companyNews reuters.com

BRIEF-BBVA Accepts Offer From Bank Of Nova Scotia Over BBVA Chile

* SAYS ACCEPTED OFFER AND ENTERED INTO SALE AND PURCHASE AGREEMENT WITH BANK OF NOVA SCOTIA Source text for Eikon: Further company coverage: (Gdynia Newsroom)

companyNews reuters.com

Russia's Promsvyazbank says it sold asset worth 8 bln roubles

MOSCOW, Dec 5 (Reuters) - Promsvyazbank (PSB), one of Russia's biggest private lenders, said on Tuesday its N1.1 capital ratio was expected to reach 7.4 pct as of January 1, 2018 after it sold an asset worth 8 billion roubles.

companyNews reuters.com

BRIEF-Independent Bank Corp To Acquire Traverse City State Bank For About $63.24 Mln

* INDEPENDENT BANK CORPORATION ANNOUNCES AGREEMENT TO ACQUIRE TRAVERSE CITY STATE BANK

companyNews reuters.com

Democrat takes aim at controversial capital rule disliked by big U.S. banks

NEW YORK, Dec 4 (Reuters) - A Democratic U.S. senator wants to free the biggest U.S. lenders from having to hold capital against certain assets held at central banks, according to a document viewed by Reuters and a person familiar with it.

companyNews reuters.com

Turkish banker says U.S. prosecutors withheld evidence

NEW YORK, Dec 4 (Reuters) - Lawyers for a banker at Turkey's state-owned Halkbank who is charged with scheming to violate U.S. sanctions against Iran accused U.S. prosecutors of withholding evidence that might help exculpate their client. They said this included gold trader Reza Zarrab's alleged willingness to lie in exchange for leniency. In a letter on Monday to U.S. District Judge Richard Berman in Manhattan, lawyers for Mehmet Hakan Atilla said prosecutors on Saturday even

Elections, Senate nytimes.com

F.B.I. ‘Destroyed’ Flynn’s Life for Lying, Trump Says, but ‘Nothing Happened’ to Clinton

President Trump did not specify what he thought Hillary Clinton lied to the F.B.I. about.

businessNews reuters.com

Bank stocks favored over tech as tax bill makes headway

(Reuters) - Wall Street indexes rose on Monday as Republican-led efforts to slash corporate tax rates cleared a major hurdle, with investors picking stocks that have lagged for much of the year including shares of financial and industrial companies.

companyNews reuters.com

US STOCKS-Bank stocks favored over tech as tax bill makes headway

* Indexes up: Dow 0.99 pct, S&P 0.42 pct, Nasdaq 0.54 pct (Changes comment, adds company details, updates prices)

businessNews reuters.com

Shares of big U.S. banks jump as Senate approves tax overhaul

(Reuters) - Shares of the biggest U.S. banks rose on Monday, after the Senate approved a tax overhaul bill on Saturday, raising investor hopes that their earnings would get a boost from a significantly lower tax bill.

businessNews reuters.com

Shares of big U.S. banks rise as Senate approves tax overhaul

(Reuters) - Shares of the biggest U.S. banks were higher after the Senate approved a tax overhaul bill on Saturday, which will provide significant tax cuts for businesses.

topNews reuters.com

Special Report: Hidden peril awaits China's banks as property binge fuels mortgage fraud frenzy

SHANGHAI/HONG KONG/BEIJING (Reuters) - When Zhu Chenxia bought a flat early last year from Lei Yarong in the up-market Nanshan district of China's southern metropolis of Shenzhen, the two women drew up three purchase agreements to cover the deal.

businessNews reuters.com

French bank Natixis bets on fixed-income, equity derivatives to grow Asia sales

HONG KONG (Reuters) - Natixis SA aims to boost Asia's share of its corporate and investment banking sales to more than 15 percent over the next couple of years, as the French bank expands in areas such as fixed-income and equity derivatives, its chief executive said.

technologyNews reuters.com

China think tank calls for 'democratic' internet governance

WUZHEN, China (Reuters) - China ranks fifth among 38 nations globally in standards of cyber governance, a top state-backed internet think tank said on Monday, calling for a 'democratic' internet governance system to eradicate inequalities it said marginalized developing nations.

companyNews reuters.com

BRIEF-Inuitive and SoftBank to Collaborate on AI and IoT

* SOFTBANK GROUP CORP SAYS CO'S UNIT AND INUITIVE LTD AGREED TO COLLABORATE THROUGH DEVELOPMENT OF AI, DEEP LEARNING AND ADVANCED 3D SENSING Source text for Eikon: Further company coverage:

businessNews reuters.com

Confusion reigns as banks scramble to price FX, bond research under EU markets revamp

LONDON (Reuters) - How much are you worth? For the FX and bond analysts covering the world's biggest markets, how much to charge for their time and research remains in question just a month away from sweeping new rules that require fund managers to pay for these services.

cnn.com

Cillizza: The thing I still don't get about the "Access Hollywood" tape story

Donald Trump hates to say sorry.

Grass Roots: The Rise and Fall and Rise of Marijuana in America (Book) nytimes.com

Q. & A.: Tell Us 5 Things About Your Book: Debating Pot in America

Emily Dufton discusses “Grass Roots,” her look at the history of activism on both sides of the marijuana debate.

Federal Bureau of Investigation nytimes.com

Trump, Defending Himself After Flynn Guilty Plea, Says F.B.I. Is in ‘Tatters’

In an extraordinary attack on the top law enforcement body in his own government, Mr. Trump accused the F.B.I. and its career investigators of having a bias against him.

companyNews reuters.com

Qatar riyal stabilising in offshore market after c.bank pledge on dollar supply

DOHA, Dec 3 (Reuters) - Qatar's riyal is stabilising in offshore trade, recovering from several weeks of increasing volatility, after the central bank pledged to ensure liquidity in the foreign exchange market, commercial bankers said on Sunday.

Federal Taxes (US) nytimes.com

Tax Bill Offers Last-Minute Breaks for Developers, Banks and Oil Industry

In Senate Republicans’ mad dash to rewrite the tax code, lawmakers added loopholes for the wealthy and tightened deductions for middle-income workers.

Generic Brands and Products nytimes.com

Economic View: Why Trying New Things Is So Hard to Do

Most people make relatively few personal experiments, in both small and big things. The cost of passivity is enormous.

Rohingya (Ethnic Group) nytimes.com

‘No Such Thing as Rohingya’: Myanmar Erases a History

Evidence of the Rohingya Muslims’ history in Myanmar is being systematically eradicated. One prominent Rohingya asks, “How can they pretend we are nothing?”

companyNews reuters.com

BRIEF-Bryn Mawr Bank Corp Receives Regulatory Approval For The Acquisition Of Royal Bancshares Of Pennsylvania

* BRYN MAWR BANK CORPORATION RECEIVES REGULATORY APPROVAL FOR THE ACQUISITION OF ROYAL BANCSHARES OF PENNSYLVANIA, INC.

domesticNews reuters.com

Turkish gold trader testifies on bank executive's role in sham food sales

NEW YORK (Reuters) - A Turkish-Iranian gold trader testifying for U.S. prosecutors in a New York court on Friday gave his most detailed account yet of how he claims an executive of Turkey's state-owned Halkbank devised key parts of a plan to launder money for Iran through fake food sales.

companyNews reuters.com

Turkish gold trader testifies on bank exec's role in sham food sales

By Brendan Pierson NEW YORK, Dec 1 (Reuters) - A Turkish-Iranian gold trader testifying for U.S. prosecutors in a New York court on Friday gave his most detailed account yet of how he claims an executive of Turkey's state-owned Halkbank devised key parts of a plan to launder money for Iran through fake food sales. The executive, Mehmet Hakan Atilla, is on trial on charges that he took part in a scheme to violate U.S sanctions against Iran. The gold trader, Reza Zarrab, ple

cnn.com

'Stranger Things' renewed by Netflix for Season 3

To the surprise of no one, Netflix's fan fave TV series "Stranger Things" is officially coming back for another season.

politicsNews reuters.com

U.S. consumer financial watchdog official defies Trump from within agency

WASHINGTON (Reuters) - Two days after a federal court endorsed President Donald Trump's deregulatory pick for a consumer watchdog, a rival official was encouraging agency staff to keep up the pressure on the lending industry, several current and former officials said on Friday.

companyNews reuters.com

CANADA STOCKS-TSX edges up as energy, bank stocks gain; miners weigh

TORONTO, Dec 1 (Reuters) - Canada's main stock index edged higher on Friday as banks and energy companies gained with higher oil prices and surprisingly robust domestic jobs data, while gold mining stocks pulled back.

technologyNews reuters.com

'Clash of Clans' maker Supercell banks on few games

HELSINKI (Reuters) - "Clash of Clans" maker Supercell will focus on a few mobile games and kill off those which it does not expect to become a top-10 global hit, its chief executive said on Friday.

companyNews reuters.com

CANADA STOCKS-TSX flat as miner losses offset by energy, bank gains

TORONTO, Dec 1 (Reuters) - Canada's main stock index was little changed in early trade on Friday, as losses among gold miners and other materials stocks were offset by gains for energy and bank stocks with higher oil prices and after surprisingly robust domestic jobs data.

companyNews reuters.com

BRIEF-National Bank Reports Q4 Earnings Per Share Of $1.39

* NATIONAL BANK REPORTS ITS RESULTS FOR THE FOURTH QUARTER AND YEAR-END OF 2017 AND RAISES ITS QUARTERLY DIVIDEND BY 3% TO 60 CENTS PER SHARE

companyNews reuters.com

BRIEF-National Bank Increases The Dividend Of Its Common Shares

* NATIONAL BANK OF CANADA - ‍BOARD DECLARED INCREASE OF DIVIDEND ON COMMON SHARES FROM $0.58 TO $0.60 PER COMMON SHARE FOR QUARTER ENDING JAN 31, 2018​ Source text for Eikon: Further company coverage:

companyNews reuters.com

EMERGING MARKETS-Turkish lira, banks in fresh selloff on US trial fears

LONDON, Dec 1 (Reuters) - Turkish lira and bank stocks fell on Friday, extending losses and lagging other emerging markets after U.S. trial testimony implicated President Tayyip Erdogan in a plan to help Iran evade sanctions.

Kimmel, Jimmy nytimes.com

Best of Late Night: Jimmy Kimmel, Defending Christianity, Offers to Fight Roy Moore

Mr. Kimmel lashed out at Mr. Moore, the Republican Senate candidate in Alabama accused of sexual misconduct, after the two tangled on Twitter.

businessNews reuters.com

RBS axes further 259 British branches as expands e-banking

LONDON (Reuters) - British state-owned Royal Bank of Scotland (RBS) said on Friday it will close 259 branches and cut 680 jobs as it reduces costs and encourages customers to use online and mobile services.

companyNews reuters.com

BRIEF-Toshiba: Always Open For Settlement With Western Digital, But Nothing Concrete Decided Yet

* ALWAYS OPEN FOR SETTLEMENT WITH WESTERN DIGITAL, BUT NOTHING CONCRETE DECIDED YET Further company coverage: (Reporting by Sam Nussey)

cnn.com

Erik Prince details Seychelles meeting with Russian banker

Blackwater founder Erik Prince testified to House lawmakers that he met the head of a Russian investment fund earlier this year -- but he insisted it was not part of an effort to set up a Russian backchannel with the Trump administration, multiple sources told CNN.

businessNews reuters.com

Big U.S. banks in last-ditch push on regulatory relief bill

WASHINGTON (Reuters) - Wall Street banks and big regional lenders are scrambling to secure changes to a U.S. Senate bill easing rules on smaller banks ahead of a key lawmaker meeting next week, several bank lobbyists told Reuters.

companyNews reuters.com

WRAPUP 1-Canada's TD outshone by CIBC as banks brace for headwinds

TORONTO, Nov 30 (Reuters) - Toronto-Dominion Bank and smaller rival CIBC rounded off a week of earnings announcements by Canadian banks on Thursday, reporting record profits, but they face headwinds in 2018 due to stricter mortgage rules and concerns about the potential for house price declines.

cnn.com

In the future, your kitchen will think for itself

domesticNews reuters.com

Bikram hot yoga bankruptcy should be dismissed: U.S. Trustee

(Reuters) - The bankruptcy of hot yoga pioneer Bikram Choudhury Yoga Inc should be dismissed or converted to a Chapter 7 liquidation due to a failure to file required documents, according to papers filed by the U.S. Department of Justice's bankruptcy watchdog.

PersonalFinance reuters.com

U.S. regional banks delve deeper into advisory services to boost growth

(Reuters) - Squeezed by lower loan growth as interest rates finally begin to rise, regional U.S. banks have been giving more financial advice to mid-sized companies and affluent Americans to drive...

businessNews reuters.com

Dow crosses 24,000 mark as banks climb, techs rebound

(Reuters) - The blue-chip Dow Jones index raced past the 24,000 mark for the first time on Thursday, propelled by further gains for bank stocks and a recovery in technology shares.

companyNews reuters.com

CANADA STOCKS-TSX up as energy stocks rally; TD Bank hit by earnings miss

TORONTO, Nov 30 (Reuters) - Canada's main stock index rose on Thursday, with energy shares rallying as hopes for a deal to extend output cuts pushed oil prices higher, while a miner sank on a lowered outlook and two big banks moved in opposite directions after reporting earnings.

Pompeo, Mike nytimes.com

White House Plans Tillerson Ouster From State Dept., to Be Replaced by Pompeo, Within Weeks

A transition plan developed by John F. Kelly, the White House chief of staff, would install Mike Pompeo, the C.I.A. director, as secretary of state, officials said.

worldNews reuters.com

Israeli settler kills Palestinian in West Bank in what army calls response to rock-throwing

JERUSALEM (Reuters) - An Israeli settler shot and killed a Palestinian man in the occupied West Bank on Thursday, in what the Israeli army said was a response to an attack by Palestinians throwing rocks, which Palestinians denied.

companyNews reuters.com

BRIEF-NTN Buzztime Inc Enters Into Amended And Restated Loan And Security Agreement With East West Bank

* NTN BUZZTIME INC - ‍ON NOV 29, CO ENTERED INTO AN AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT WITH EAST WEST BANK - SEC FILING​

companyNews reuters.com

Banks face contract repapering rush to retain clients after Brexit

LONDON, Nov 30 (Reuters) - Banks in London are preparing to move hundreds of thousands of contracts they expect to be rendered invalid by Brexit to continental Europe, in a process known as "repapering", marking a major step in their adjustment plans.

worldNews reuters.com

Turkey's Denizbank says did not collaborate with gold trader Zarrab

ISTANBUL (Reuters) - Turkey's Denizbank said on Thursday it did not have any dealings with the shipping group owned by gold trader Reza Zarrab, who is testifying in a U.S. federal court after pleading guilty to conspiring to evade U.S. sanctions against Iran.

companyNews reuters.com

UPDATE 2-Canada's TD Bank results outshone by smaller rival CIBC

* CIBC fourth-quarter EPS C$2.81 vs forecast C$2.59 (Adds comment from TD executive, analyst)

companyNews reuters.com

UPDATE 1-TD Bank posts quarterly earnings below market forecasts

TORONTO, Nov 30 (Reuters) - Toronto-Dominion Bank reported fourth-quarter results on Thursday which were below market expectations, affected by a decline in revenues at its investment banking business.

companyNews reuters.com

CORRECTED (OFFICIAL)-MOVES- JP Morgan, Citi Private Bank, VAM Funds, Brown Shipley (Nov. 29)

Nov 29 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com.

companyNews reuters.com

BRIEF-FCB Financial Says Agreement With Floridian Community Bank, Includes A Termination Fee Of $3.1 Mln In Certain Circumstance

* FCB FINANCIAL HOLDINGS INC - AGREEMENT WITH FLORIDIAN COMMUNITY BANK, INCLUDES A TERMINATION FEE OF $3.1 MILLION IN CERTAIN CIRCUMSTANCE - SEC FILING‍​ Source text for Eikon: (http://bit.ly/2jyfxqB) Further company coverage:

companyNews reuters.com

BRIEF-TD Bank Group Q4 EPS C$1.42

* TD BANK GROUP REPORTS FOURTH QUARTER AND FISCAL 2017 RESULTS

companyNews reuters.com

TD Bank posts quarterly earnings below market forecasts

TORONTO, Nov 30 (Reuters) - Toronto-Dominion Bank on Thursday reported fourth-quarter results which were below market expectations, affected by a decline in revenues at its investment banking business.

topNews reuters.com

The thinking behind Kim Jong Un's 'madness'

SEOUL (Reuters) - On an icy December day in 2011, North Korea's new leader Kim Jong Un was accompanied by seven advisers as they escorted the hearse that carried his father, Kim Jong Il, through the streets of Pyongyang.

businessNews reuters.com

Flipkart investors, employees trimming stakes as part of SoftBank deal: sources

MUMBAI (Reuters) - Some early Flipkart [IPO-FLPK.N] investors, employees and ex-employees are selling their shares in the Indian e-commerce firm as part of a $2.5 billion investment deal agreed with Japan's SoftBank Group , two people familiar with the matter said on Thursday.

companyNews reuters.com

UPDATE 1-Flipkart investors, employees trimming stakes as part of SoftBank deal -sources

* Current, former employees offered just over $85 apiece -sources

companyNews reuters.com

UPDATE 1-U.S. trial threatens funding for Turkey's dollar-dependent banks

* Deputy PM promises do whatever necessary if banks affected (Updates Wednesday report with U.S. court case)

Gun Control nytimes.com

Op-Ed Columnist: Oh Lord, Now the Gun Thing’s Back

This is a very bad year.

companyNews reuters.com

Cumulus Media files for bankruptcy protection

Nov 29 (Reuters) - U.S. radio broadcaster Cumulus Media Inc filed for Chapter 11 bankruptcy protection and said it has entered into a restructuring agreement with certain of its lenders to reduce more than $1 billion in debt.

businessNews reuters.com

Softbank offers to buy more Flipkart shares at reduced $9 bln-$10 billion valuation: Mint

(Reuters) - Japan's Softbank Group Corp offered to buy an undisclosed number of shares in Indian e-commerce giant Flipkart at a reduced valuation in the range of $9 billion to $10 billion, the Mint daily reported on Thursday.

companyNews reuters.com

REFILE-Softbank offers to buy more Flipkart shares at reduced $9 bln-$10 bln valuation - Mint

Nov 30 (Reuters) - Japan's Softbank Group Corp offered to buy an undisclosed number of shares in Indian e-commerce giant Flipkart at a reduced valuation in the range of $9 billion to $10 billion, the Mint daily reported on Thursday.

companyNews reuters.com

Bankrupt Breitburn gets U.S. court approval to pursue reorganization

Nov 29 (Reuters) - Breitburn Energy Partners LP can begin seeking creditor support for a reorganization plan that would split the bankrupt U.S. oil firm into two separate, creditor-owned companies, a U.S. court ruled on Wednesday.

cnn.com

Trump's disrespect for Native Americans is nothing new

companyNews reuters.com

Brazil bankruptcy judge puts back Oi creditor meeting to Dec 19

BRASILIA, Nov 29 (Reuters) - The judge handling the bankruptcy restructuring of Brazilian telecoms Grupo Oi SA decided on Wednesday to postpone a meeting of creditors until Dec. 19 because stakeholders could not agree on key issues.

companyNews reuters.com

BRIEF-United Security Bancshares Says Board Of Co, United Security Bank Voted To Increase Size Of Their Respective Boards From 10 To 11 Directors​

* UNITED SECURITY BANCSHARES- ‍ON NOV. 28, BOARD OF CO, UNITED SECURITY BANK VOTED TO INCREASE SIZE OF THEIR RESPECTIVE BOARDS FROM 10 TO 11 DIRECTORS​ Source text: [http://bit.ly/2AGgfgo] Further company coverage:

businessNews reuters.com

Nasdaq falters as investors flee tech for banks

(Reuters) - The Nasdaq posted its biggest one-day drop in more than three months on Wednesday as investors fled high-flying technology stocks and shifted to banks and other pockets of the market that could benefit from improving economic conditions, lower regulations and taxes as well as higher interest rates.

businessNews reuters.com

Nasdaq stumbles as bets shift from tech to banks

(Reuters) - The Nasdaq was on pace for its biggest one-day drop in more than three months on Wednesday as investors bailed out of high-flying tech stocks and shifted bets to banks and other pockets of the market that could benefit from improving economic conditions, lower regulations and taxes, and higher interest rates.

cnn.com

Trump is betting everything in the Middle East on the Saudi Crown Prince

Donald J. Trump is not abiding by a central tenet of international diplomacy -- choose your friends wisely, particularly in the Middle East.

companyNews reuters.com

UPDATE 2-Siemens to list Healthineers in Frankfurt next year

FRANKFURT/MUNICH, Nov 28 (Reuters) - The supervisory board of Siemens AG agreed on Wednesday to prepare to list its Healthineers medical equipment business on the Frankfurt stock exchange in the first half of 2018.

worldNews reuters.com

Opposition wants Russian pressure for Syria deal within six months

GENEVA (Reuters) - Syria's opposition wants Russia and other states to put pressure on President Bashar al-Assad to engage in peace talks in Geneva to produce a political solution within six months, the chief of its delegation said at the start of negotiations on Wednesday.

companyNews reuters.com

BRIEF-Flagstar Bank Announces Enotes For Ewarehouse Lending

* SAYS ‍FLAGSTAR BANK IS ACCEPTING ENOTES TO FUND WAREHOUSE LENDING TRANSACTIONS​ Source text for Eikon: Further company coverage:

topNews reuters.com

North Korea says 'breakthrough' puts U.S. mainland within range of nuclear weapons

SEOUL/WASHINGTON (Reuters) - North Korea said it successfully tested a new intercontinental ballistic missile on Wednesday in a "breakthrough" that puts the U.S. mainland within range of its nuclear weapons whose warheads could withstand re-entry to the Earth's atmosphere.

companyNews reuters.com

MOVES- JP Morgan, Citi Private Bank, VAM Funds, Brown Shipley

Nov 29 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com.

worldNews reuters.com

Turkey to do whatever necessary if banking sector affected by U.S. trial: Simsek

ISTANBUL (Reuters) - Deputy Prime Minister Mehmet Simsek said on Wednesday Turkey will do whatever is necessary if its banking sector is affected by the U.S. trial of a Turkish bank executive in a case regarding a conspiracy to evade U.S. sanctions against Iran.

PersonalFinance reuters.com

Citi Private Bank appoints Andrew Keating as UK Private Banker

(Reuters) - Citi Private Bank (CPB), a unit of Citigroup Inc that caters to wealthy individuals and families, appointed Andrew Keating as UK Private Banker.

cnn.com

5 things top know today

Should rich and poor shoppers be charged different prices at the grocery store? Some experts say that would actually help the economy. Here's what else you need to know to Get Up to Speed and Out the Door. (You can also get "5 Things You Need to Know Today" delivered to your inbox daily. Sign up here.)

PersonalFinance reuters.com

Weatherbys Private Bank names associate director

(Reuters) - Weatherbys Private Bank appointed Henry Taylor as an associate director.

companyNews reuters.com

COLUMN-Modest Bank of Japan move could spark major market flows: McGeever

LONDON, Nov 29 (Reuters) - The era of super-cheap money is ending, and stocks' remarkable run to new highs and bond yields' refusal to shoot higher suggest world markets are taking this seismic monetary policy shift in their stride.

cnn.com

The most important things to know about launch

North Korea broke a two-month lull in weapons testing with a dramatic launch of its most advanced missile yet, an intercontinental ballistic missile it claims can reach the "whole" US mainland.

companyNews reuters.com

Nikkei rises, led by banks, financials; shrugs off North Korean missile launch

TOKYO, Nov 29 (Reuters) - Japanese stocks rose on Wednesday as banks and financial shares tracked their U.S. counterparts higher, shrugging off another North Korean missile launch.

topNews reuters.com

North Korea says new ICBM puts U.S. mainland within range of nuclear weapons

SEOUL/WASHINGTON (Reuters) - North Korea said it had successfully tested a powerful new intercontinental ballistic missile (ICBM) that put all of the U.S. mainland within range, declaring it had achieved its long-held goal of becoming a nuclear power.

companyNews reuters.com

UPDATE 2-SoftBank says Benchmark, Menlo Ventures ready to sell some Uber stock

SAN FRANCISCO, Nov 28 (Reuters) - A consortium led by SoftBank Group Corp on Tuesday launched its tender offer for shares of Uber Technologies Inc and the Japanese company said that some notable early Uber investors planned to sell stock.