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Canadian police probe 'suspicious' deaths of billionaire couple

TORONTO (Reuters) - Canadian police said they were investigating the mysterious deaths of Barry Sherman, founder of Canadian pharmaceutical firm Apotex Inc, and his wife, Honey, one of the nation's wealthiest couples whose bodies were found in their mansion on Friday.

cnn.com

Report: Billionaire, wife found dead in home

Toronto billionaire and philanthropist Barry Sherman and his wife were found dead in their mansion Friday afternoon, CNN affiliate CTV reports.

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North Korean hackers behind attacks on cryptocurrency exchanges, South Korean newspaper reports

SEOUL (Reuters) - South Korea's spy agency said North Korean hackers were behind attacks on cryptocurrency exchanges this year in which some 7.6 billion won ($6.99 million) worth of cryptocurrencies were stolen, a newspaper reported on Saturday.

worldNews reuters.com

Canada police probe 'suspicious' deaths of billionaire, wife

TORONTO (Reuters) - Canadian police said they were investigating the mysterious deaths of the billionaire founder of Canadian pharmaceutical firm Apotex Inc, Barry Sherman, and his wife, Honey, who were found dead in their Toronto mansion on Friday.

companyNews reuters.com

UPDATE 3-Unilever to sell spreads business to KKR for $8 billion

* Co to return cash to shareholders barring other M&A (Adds Breakingviews link)

worldNews reuters.com

Canadian pharmaceutical billionaire, wife found dead in Toronto

(Reuters) - The billionaire founder of Canadian pharmaceutical firm Apotex Inc, Barry Sherman, and his wife Honey, were found dead in their Toronto home on Friday under circumstances that police described as "suspicious."

worldNews reuters.com

Canadian billionaire found dead in Toronto: Ontario health minister

(Reuters) - The billionaire founder of Canadian pharmaceutical firm Apotex, Barry Sherman, and his wife Honey, were found dead in Toronto on Thursday, Ontario's health minister said on Twitter.

technologyNews reuters.com

Embraer sees 2024 commercial launch for Uber flying cabs

SAO PAULO (Reuters) - A network of electric aircraft Uber Technologies Inc is developing with Embraer SA is likely to launch commercially in 2024, the Brazilian planemaker's chief executive said on Friday, adding a year to the latest forecast from the ride-hailing company.

technologyNews reuters.com

False paradise? EU is no haven of Net neutrality, say critics

LISBON/MILAN (Reuters) - America's decision to scrap rules designed to ensure a free and open internet leaves the European Union as the biggest market where Net neutrality still prevails -- but critics say the EU is not a level playing field.

technologyNews reuters.com

Facebook defends itself against critics of social media

SAN FRANCISCO (Reuters) - Facebook Inc on Friday struck back against scientific researchers and tech industry insiders who have criticized the world's biggest social media network and its competitors for transforming how people behave and express emotion.

technologyNews reuters.com

Blockchain consortium Hyperledger loses members, funding: documents

NEW YORK (Reuters) - More than 15 members of blockchain consortium Hyperledger have either cut their financial support for the project or quit the group over the past few months, according to documents seen by Reuters.

companyNews reuters.com

Onex-backed Canadian renewables firm Pinnacle set to list -sources

TORONTO, Dec 15 (Reuters) - Wood pellets producer Pinnacle Renewable Energy Inc, owned by Canadian private equity firm Onex Corp, wants to raise about C$175 million ($136 million) through a Toronto initial public offering (IPO), people familiar with the matter told Reuters this week.

businessNews reuters.com

Exclusive: Aston Martin owners rev up for 2018 exit with Lazard hire

LONDON (Reuters) - Aston Martin's owners have hired Lazard to prepare for a stock market listing or sale of the British sportscar maker made famous by fictional spy James Bond, sources familiar with the matter told Reuters.

companyNews reuters.com

BRIEF-Freddie Mac Prices $1.3 Billion Multifamily K-Deal, K-071

* FREDDIE MAC - EXPECTS TO ISSUE APPROXIMATELY $1.3 BILLION IN K CERTIFICATES WHICH ARE EXPECTED TO SETTLE ON OR ABOUT DECEMBER 22, 2017 Source text for Eikon: Further company coverage:

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EU agrees clampdown on bitcoin platforms to tackle money laundering

BRUSSELS (Reuters) - European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement.

businessNews reuters.com

Unilever to sell spreads business to KKR for $8 billion

(Reuters) - Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros ($8.04 billion) to concentrate on faster growing products.

companyNews reuters.com

UPDATE 2-Unilever to sell spreads business to KKR for $8 billion

* Co to return cash to shareholders barring other M&A (Updates with Unilever confirmation)

domesticNews reuters.com

U.S. court dismisses $3 billion suit against Deutsche Bank by Jewish family heirs

FRANKFURT (Reuters) - A U.S. district court in Florida has dismissed a lawsuit by the heirs of a prominent Jewish family seeking $3 billion from Deutsche Bank.

technologyNews reuters.com

EU agrees stricter bitcoin rules against money laundering, terrorist financing

BRUSSELS (Reuters) - The European Union agreed stricter rules to prevent money laundering and terrorist financing on bitcoin platforms on Friday.

technologyNews reuters.com

After U.S. decision, France says will continue to defend net neutrality

PARIS (Reuters) - France will continue to defend "net neutrality" irrespective of what other countries may do, Foreign Minister Jean-Yves Le Drian said on Friday, after a United States commission voted to ditch rules on the issue.

businessNews reuters.com

Unilever to sell margarine and spreads unit to KKR for $8 billion

LONDON (Reuters) - Unilever has agreed to sell its margarine and spreads business to KKR for 6.8 billion euros ($8 billion), it said on Friday, confirming an earlier report by Reuters saying the U.S. private equity fund had made it into exclusive talks to buy the shrinking business.

businessNews reuters.com

EU court rejects U.S. intervention in Apple's Irish $15 billion tax case

BRUSSELS (Reuters) - Europe's second-highest court has rejected a request from the U.S. government to intervene in Apple's challenge against an EU order to pay back taxes of up to 13 billion euros ($15.3 billion) because it failed to prove a direct interest in the outcome of the case.

technologyNews reuters.com

Amazon to pay 100 million euros to settle Italy tax dispute

MILAN (Reuters) - Italy's tax authority said on Friday it had reached an agreement with e-commerce giant Amazon to settle outstanding tax claims covering the period 2011-2015.

technologyNews reuters.com

Battery suppliers struggle to keep up with demand for Porsche's Panamera

LEIPZIG, Germany (Reuters) - Battery suppliers are struggling to cope with buoyant demand for Porsche's Panamera hybrid sedan, the sports car maker told Reuters, in a sign parent Volkswagen's shift to cleaner vehicles may be paying off, but also of the challenges involved.

technologyNews reuters.com

UK watchdog to take closer look at initial coin offerings

LONDON (Reuters) - Britain's markets watchdog will step up its scrutiny of the initial coin offering (ICO) market to see if new rules are needed to protect investors after issuing an alert in September.

technologyNews reuters.com

Suspected North Korean cyber group seeks to woo bitcoin job seekers

FRANKFURT (Reuters) - The surging price of cryptocurrencies in global markets is catching the eye not just of ordinary retail investors but a cybercrime gang with links to the North Korean government, according to cyber researchers tracing the group's activities.

worldNews reuters.com

Turkish minister calls for witness in U.S. trial to be repatriated: ministry sources

ANKARA (Reuters) - Turkey's justice minister has told his U.S. counterpart that a former Turkish police investigator who testified at the trial of a Turkish banker in New York was wanted by Ankara and should be sent back to his country, justice ministry sources said.

businessNews reuters.com

Steinhoff's ex-chairman Wiese calls off $2.6 billion Shoprite deal

JOHANNESBURG (Reuters) - South African tycoon Christo Wiese on Friday called off plans to sell his stake in grocer Shoprite to Steinhoff's African arm , a day after he resigned from Steinhoff's board in the midst of an accounting scandal.

technologyNews reuters.com

Regulator slaps conditions on D.Telekom all-you-can-watch video product

FRANKFURT (Reuters) - Germany's regulator ordered Deutsche Telekom on Friday to offer an all-you-can-watch video product on the same terms throughout the European Union, in a decision the company slammed as "incomprehensible", saying it would appeal.

businessNews reuters.com

Exclusive: KKR wins auction for Unilever's spreads business - sources

(Reuters) - Private equity firm KKR is in exclusive talks to buy Unilever's margarine and spreads business, people familiar with the matter said on Friday, in a deal expected to top $7 billion.

technologyNews reuters.com

Amazon to pay 100 million euros to settle Italy tax dispute: statement

MILAN (Reuters) - Italy's inland revenue service said on Friday it had reached an agreement with Amazon to settle outstanding tax claims covering the period 2011-2015.

technologyNews reuters.com

Danish central bank says 'no' to e-crown

COPENHAGEN (Reuters) - Introducing a digital version of the Danish crown currency would pose risks to financial stability without improving payment solutions for Danes, the central bank said on Friday.

technologyNews reuters.com

Bitcoin hits new record high as warnings grow louder

LONDON (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument.

technologyNews reuters.com

SAP says one-off item to reduce 2017 tax bill

FRANKFURT (Reuters) - German business software group SAP SE said on Friday lowered the forecast for its expected effective tax rate in 2017 to reflect the impact of an intra-group transfer of intellectual property rights.

technologyNews reuters.com

Luxembourg challenges EU order to recover tax from Amazon

BRUSSELS (Reuters) - Luxembourg is challenging a European Union order to recover about 250 million euros ($295 million) in back taxes from Amazon, saying it disagreed with EU state aid regulators' decision that the U.S. online retailer had received special treatment.

technologyNews reuters.com

Bitcoin hits new record high as warnings grow

LONDON (Reuters) - Bitcoin blasted to another all-time high of just over $17,750 on Friday, up 8 percent on the day, as concerns grew over the risks of investing in the highly volatile and speculative instrument.

companyNews reuters.com

BRIEF-Torex Gold Resources Majority Of Employees Have Voted To Return To Work Immediately

* MAJORITY OF EMPLOYEES HAVE VOTED TO RETURN TO WORK IMMEDIATELY

technologyNews reuters.com

Siemens partners with Amazon as it ramps up industrial software platform

MUNICH (Reuters) - Siemens is partnering with Amazon as it accelerates the rollout of its MindSphere industrial software platform, the core of its bid to dominate the market in digital factory automation.

United States Politics and Government nytimes.com

With Billions at Stake in Tax Debate, Lobbyists Played Hardball

The rapid pace of the tax bill moving through Congress left lobbyists with little time and few lawmakers to press for changes in the $1.5 trillion overhaul.

technologyNews reuters.com

Transneft says its computers were used for mining cryptocurrency

MOSCOW (Reuters) - Computers at Transneft have been used for the unauthorized manufacture, or "mining", of the cryptocurrency Monero, a vice-president of the Russian pipeline operator said.

technologyNews reuters.com

South Korea's Kakao to issue GDRs of up to $1 billion for M&A

SEOUL (Reuters) - South Korean messaging app service provider Kakao Corp said on Friday it is targeting raising up to $1 billion overseas for use in global mergers and acquisitions.

businessNews reuters.com

Exclusive: China's CNPC weighs taking over Iran project if Total leaves - sources

BEIJING/LONDON (Reuters) - China's top oil and gas company CNPC is considering taking over Total's stake in a giant Iranian gas project if the French company leaves Iran to comply with any new U.S. sanctions, industry sources said.

technologyNews reuters.com

BT and Sky strike deal to carry each other's channels

LONDON (Reuters) - Britain's leading pay-TV companies Sky and BT have agreed to supply their most popular channels to each other's platforms in a thawing of a once difficult relationship.

technologyNews reuters.com

Uber Eats to offer couriers insurance in Europe

BRUSSELS (Reuters) - Uber's [UBER.UL] food-delivery business will begin offering an insurance package to its couriers in Europe, a move to address the conditions of "gig economy" workers.

technologyNews reuters.com

Indonesia's Go-Jek acquires three companies to boost payment services

JAKARTA (Reuters) - Indonesia's Go-Jek has acquired three financial technology businesses, as it expands from ride-hailing and other mobile on-demand offerings into payments and other services.

technologyNews reuters.com

Moves in South Korea to make cryptocurrency trading more transparent

SEOUL (Reuters) - A South Korean blockchain association announced on Friday measures to boost transparency in trading of cryptocurrencies, agreed by 14 exchanges in the country including the world's busiest virtual currency exchange, Bitthumb.

technologyNews reuters.com

South Korea blockchain association announces virtual currency transparency measures

SEOUL (Reuters) - A South Korean blockchain association announced on Friday measures to boost transparency in trading of cryptocurrencies, agreed by 14 exchanges in the country including the world's busiest virtual currency exchange, Bitthumb.

politicsNews reuters.com

House committee questions head of Trump campaign data firm: sources

WASHINGTON (Reuters) - Members of the U.S. House Intelligence Committee on Thursday interviewed the head of a data analysis firm to determine whether Donald Trump's election campaign team sought his help to find thousands of emails missing from Hillary Clinton's private server, three sources familiar with the session said.

worldNews reuters.com

Peru's Kuczynski loses support of inner circle: sources

LIMA (Reuters) - Peru's President Pedro Pablo Kuczynski has lost support of senior officials in his government after Brazil's Odebrecht said it had transferred $4.8 million to companies linked to him, two government sources said on Thursday, and the opposition called for him to resign.

businessNews reuters.com

Airbus planemaking chief Bregier to leave in February: sources

PARIS (Reuters) - Airbus planemaking chief Fabrice Bregier plans to leave the aerospace group after the board intervened to resolve tensions over the future succession to Chief Executive Tom Enders, sources familiar with the matter said on Thursday.

technologyNews reuters.com

Prosecutors say Long Island woman tried to use bitcoin to aid Islamic State

(Reuters) - A suburban New York hospital technician accused of using bitcoin and other cryptocurrencies to launder money meant for the militant group Islamic State was arrested on charges of money laundering in support of a foreign terrorist organization and bank fraud, prosecutors said Thursday.

companyNews reuters.com

UPDATE 1-Oi board may call shareholder meeting to debate restructuring plan -sources

RIO DE JANEIRO, Dec 14 (Reuters) - The board of Brazilian telecommunications company Oi SA will meet on Friday, and will likely call a shareholders meeting to debate a restructuring deal struck by its executives and key creditors, two sources familiar with the board's thinking said on Thursday.

companyNews reuters.com

UPDATE 2-Airbus planemaking chief Bregier to leave in February -sources

PARIS, Dec 14 (Reuters) - Airbus planemaking chief Fabrice Bregier plans to leave the aerospace group after the board intervened to resolve tensions over the future succession to Chief Executive Tom Enders, sources familiar with the matter said on Thursday.

domesticNews reuters.com

New York, New Jersey commit $3.65 billion to fund tunnel project

NEW YORK (Reuters) - New York and New Jersey on Thursday committed $1.75 billion and $1.9 billion, respectively, to fund a new rail tunnel underneath New York's Hudson River, part of an urgent program to expand and renovate Amtrak's aging and heavily traveled Northeast Corridor line.

companyNews reuters.com

Brazil's Petrobras receives $3 billion in China Development Bank loan

SAO PAULO, Dec 14 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA on Thursday received $3 billion under a $5 billion loan from China Development Bank, the company said in a securities filing.

technologyNews reuters.com

U.S. panel urges regulators to monitor financial innovation risks

WASHINGTON (Reuters) - A U.S. regulatory panel on Thursday called for watchdogs to closely monitor risks created by financial innovation, warning that "fintech" and virtual currencies such as bitcoin threaten to disrupt the traditional financial services industry.

businessNews reuters.com

Exclusive: Chevron nears Schlumberger deal to drill wells in Brazil: sources

RIO DE JANEIRO (Reuters) - Chevron Corp has reached preliminary agreement with oil services firm Schlumberger NV to drill six wells in a Brazilian offshore field, two sources said this week, in a bid to lift its output in the South American country after a 2011 oil spill there cut production.

companyNews reuters.com

Brazil's Neoenergia seen delaying IPO, shareholders won't reduce price -sources

SAO PAULO, Dec 14 (Reuters) - Brazilian utility Neoenergia SA is expected to decide for the postponement of its initial public offering, two sources with knowledge of the matter said on Thursday.

technologyNews reuters.com

Amazon to start selling Apple TV, Google Chromecast

(Reuters) - Amazon.com Inc will start selling Google Chromecast and Apple TV, which compete against its Fire TV, on its online store, an Amazon spokeswoman told Reuters on Thursday.

cnn.com

Sources describe John McCain as looking increasingly frail

Sources in the Senate tell CNN they have been worried about Sen. John McCain recently, following a week when the Arizona Republican was kept from the Senate to address side effects from his brain cancer treatment.

businessNews reuters.com

Airbus planemaking chief Bregier to step down: sources

PARIS (Reuters) - Airbus Chief Operating Officer and planemaking chief Fabrice Bregier is expected to step down following a board meeting on Thursday to tackle management tensions at the aerospace group, two sources familiar with the matter said.

technologyNews reuters.com

U.S. regulators ditch net neutrality rules as legal battles loom

WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.

companyNews reuters.com

Airbus planemaking chief Bregier to step down -sources

PARIS, Dec 14 (Reuters) - Airbus Chief Operating Officer and planemaking chief Fabrice Bregier is expected to step down following a board meeting on Thursday to tackle management tensions at the aerospace group, two sources familiar with the matter said.

healthNews reuters.com

Perrigo lines up bid for Merck's consumer health unit: sources

LONDON/FRANKFURT (Reuters) - Generic drugmaker Perrigo has decided to enter the fray for Merck KGaA's consumer health unit, sources told Reuters, and is preparing an indicative offer for the $4.7 billion business ahead of a deadline on Friday.

companyNews reuters.com

UPDATE 1-Perrigo lines up bid for Merck's consumer health unit -sources

* Perrigo to submit non-binding offer for Merck KGaA's OTC unit

technologyNews reuters.com

German court rules against foreign intelligence mass communication surveillance

BERLIN (Reuters) - Germany's foreign intelligence agency (BND) must not store the metadata - such as phone numbers - of international phone calls for the purpose of intelligence analysis, a court rules on Thursday.

politicsNews reuters.com

U.S. tax bill to preserve key renewable energy credits, sources say

WASHINGTON (Reuters) - The final version of comprehensive tax legislation being negotiated by House and Senate lawmakers will preserve key renewable energy tax credits that were once at risk of being removed, congressional and business sources said on Thursday.

technologyNews reuters.com

Federal Communications Commission repeals net neutrality rules

WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.

companyNews reuters.com

BRIEF-Lonestar Resources US Announces Offering Of Senior Unsecured Notes

* LONESTAR RESOURCES US INC. ANNOUNCES OFFERING OF SENIOR UNSECURED NOTES

companyNews reuters.com

Perrigo preparing non-binding bid for Merck KgaA's consumer health unit -sources

LONDON/FRANKFURT, Dec 14 (Reuters) - U.S. drugmaker Perrigo has decided to enter the fray for Merck KgaA's consumer health unit, sources told Reuters on Thursday, and is preparing an indicative offer for the $4.7 billion business ahead of the Dec. 15 deadline.

businessNews reuters.com

Disney buying Fox film, TV units for $52 billion in digital push

(Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world's largest entertainment company an arsenal of shows and movies to combat growing digital rivals Netflix Inc and Amazon.com Inc.

technologyNews reuters.com

Hackers halt plant operations in watershed cyber attack

(Reuters) - Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack that halted plant operations, according to cyber investigators and the firm whose software was targeted.

businessNews reuters.com

Exclusive: Luxottica, Essilor tie-up on track for unconditional EU okay - sources

BRUSSELS (Reuters) - Italian eyewear maker Luxottica and French lens manufacturer Essilor are set to win unconditional EU antitrust approval for their 48 billion-euro ($57 billion) merger, two people familiar with the matter said on Thursday.

cnn.com

Sources: US jets intercept Russians

US F-22 stealth fighters intercepted two Russian aircraft after the Russian jets flew east of the "de-confliction line" that is supposed to separate Russian and US-led coalition aircraft operating over Syria, two US defense officials told CNN.

technologyNews reuters.com

Protesters gather as U.S. regulators meet to end net neutrality

WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected on Thursday to rescind rules aimed at ensuring a free and open internet, as protesters gathered to oppose the change.

technologyNews reuters.com

Sberbank CFO says previous talks with Alibaba finished

LONDON (Reuters) - Russian lender Sberbank's talks with Chinese e-commerce giant Alibaba have finished in their current form, the bank's Chief Financial Officer Alexander Morozov said on Thursday.

businessNews reuters.com

Spotify price tag rises ahead of filing for NYSE listing: sources

STOCKHOLM (Reuters) - The value of music streaming service Spotify, which is planning a stock market listing, has grown around 20 percent to at least $19 billion in the past few months, outperforming U.S. and European tech indexes, sources familiar with the matter said.

companyNews reuters.com

Spotify price tag rises ahead of filing for NYSE listing - sources

STOCKHOLM, Dec 14 (Reuters) - The value of music streaming service Spotify, which is planning a stock market listing, has grown around 20 percent to at least $19 billion in the past few months, outperforming U.S. and European tech indexes, sources familiar with the matter said.

technologyNews reuters.com

Malaysia issues draft regulations for crypto currency businesses

KUALA LUMPUR (Reuters) - Malaysia's central bank on Thursday said it had issued draft regulations for digital currency businesses, but said that such currencies were still not legal tender in the country.

technologyNews reuters.com

Hackers shut down infrastructure safety system in attack: FireEye

(Reuters) - Hackers likely working for a nation-state recently penetrated the safety system of a critical infrastructure facility in an attack that caused operations to shut down, according to cyber security firm FireEye Inc, which said it investigated the incident.

technologyNews reuters.com

Google Brain co-founder teams with Foxconn to bring AI to factories

(Reuters) - Andrew Ng, co-founder of some of Alphabet Inc -owned Google's most prominent artificial intelligence projects, on Thursday launches a new venture with iPhone assembler Foxconn to bring AI and so-called machine learning onto the factory floor.

technologyNews reuters.com

Online shopping won't grow forever, says Unibail boss creating malls giant

SYDNEY/PARIS (Reuters) - Online shopping has its limits and physical stores will never go out of fashion, says the CEO of Unibail-Rodamco which is betting $16 billion on buying Westfield to create a global mall giant.

companyNews reuters.com

BRIEF-Mineral Hill Industries Terminates Share Purchase Agreement With 12 Shareholders Of CPS Energy Resources

* MINERAL HILL INDUSTRIES - TERMINATED SHARE PURCHASE AGREEMENT WITH 12 SHAREHOLDERS OF CPS ENERGY RESOURCES DUE TO NON-COMPLIANCE WITH TERMS OF SPA Source text for Eikon: Further company coverage:

businessNews reuters.com

Disney to buy Fox film, some TV businesses for $52 billion

(Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock as the world's largest entertainment company seeks even greater scale to combat growing digital rivals Netflix Inc and Amazon.com Inc.

technologyNews reuters.com

Denmark considers using cryptocurrencies for humanitarian aid

COPENHAGEN (Reuters) - Denmark sees potential for blockchain technology in humanitarian aid and said on Thursday it is considering becoming the first donor country to move money using cryptocurrencies.

businessNews reuters.com

Exclusive: EU regulators to clear Luxottica, Essilor deal without conditions - sources

BRUSSELS (Reuters) - Italy's Luxottica and French glasses group Essilor are set to win unconditional EU antitrust approval for their 48-billion-euro ($56.8 billion), two people familiar with the matter said on Thursday.

businessNews reuters.com

Disney to buy Fox film, TV businesses for $52 billion

(Reuters) - Walt Disney Co on Thursday agreed to buy film, TV and international assets from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion as Disney seeks greater scale to tackle growing competition from Netflix and Amazon.com.

cnn.com

The $52.4 billion deal for much of Rupert Murdoch's company could help Disney fend off digital rivals

technologyNews reuters.com

Gibraltar launches financial services license for blockchain

LONDON (Reuters) - Gibraltar's financial services watchdog will introduce the world's first bespoke license for "fintech" firms using blockchain distributed ledger technology from next month in a bid to attract start-ups to the British overseas territory as it prepares for Brexit.

technologyNews reuters.com

Tech firm raises $118 million in virtual coin offer to fund blockchain phone

TEL AVIV (Reuters) - Swiss-Israeli technology firm Sirin Labs said on Thursday it had raised $118 million in an initial coin offering (ICO) to support the development of an open source blockchain smartphone.

technologyNews reuters.com

Federal Communications Commission set to reverse net neutrality rules

WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected on Thursday to rescind net neutrality rules championed by Democratic former President Barack Obama that barred the blocking or slowing of internet traffic.

worldNews reuters.com

Zimbabwe ex-leader Mugabe visits Singapore hospital: sources

SINGAPORE (Reuters) - Former Zimbabwe president Robert Mugabe visited a hospital in Singapore this week apparently for medical checks, his first trip outside his country since he was ousted from office last month, sources in Singapore said on Thursday.

technologyNews reuters.com

Atos shares fall 2.8 percent after Gemalto rejects takeover bid

PARIS (Reuters) - Shares in Atos fell as much as 2.8 percent early on Thursday after Franco-Dutch chip maker Gemalto rejected its 4.3 billion euro ($5 billion) takeover bid.

technologyNews reuters.com

In major shift, Rakuten plots to become Japan's No. 4 wireless carrier

TOKYO (Reuters) - Japanese e-commerce firm Rakuten Inc said it would apply for a 4G mobile license, aiming to become the country's fourth major wireless carrier in a strategic shift that had analysts warning of an uphill battle to gain customers.

technologyNews reuters.com

Rakuten seeks license to become Japan's fourth major mobile carrier

TOKYO (Reuters) - Japanese online retailer Rakuten Inc said on Thursday it will apply for a fourth generation mobile carrier license, a move that if successful would see it become the country's fourth major wireless carrier.

companyNews reuters.com

U.S. shoemaker Rockport explores options including sale -sources

NEW YORK, Dec 13 (Reuters) - The Rockport Group is exploring its options, including a possible sale, after one of the U.S. footwear maker's major debtholders took ownership of the company, people familiar with the matter said Wednesday.

technologyNews reuters.com

Finisar deal helps Apple block rivals' path to AR features

SAN FRANCISCO (Reuters) - Apple Inc's $390 million deal with chip supplier Finisar Corp announced on Wednesday helps lock in the supply of a component that Apple believes will play a big role in its future products by bolstering augmented reality features.

technologyNews reuters.com

Rakuten eying entry into Japan's mobile carrier market: source

TOKYO (Reuters) - Japanese online retailer Rakuten Inc plans to join a government auction for wireless spectrum to be held in January, potentially becoming the country's fourth major wireless carrier, a source briefed on the matter said on Thursday.

technologyNews reuters.com

Rakuten eyeing entry into Japan's mobile carrier market: source

TOKYO (Reuters) - Japanese online retailer Rakuten Inc plans to join a government auction for wireless spectrum to be held in January, potentially becoming the country's fourth major wireless carrier, a source briefed on the matter said on Thursday.

businessNews reuters.com

Disney deal set to value Fox at more than $75 billion: source

(Reuters) - Walt Disney Co's deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc will value the latter at over $40 per share, or $75 billion, a person familiar with the matter said.

companyNews reuters.com

UPDATE 1-Disney deal set to value Fox at more than $75 billion -source

Dec 13 (Reuters) - Walt Disney Co's deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc will value the latter at over $40 per share, or $75 billion, a person familiar with the matter said.

businessNews reuters.com

Delta may place order for 100 Airbus A321neo jets: sources

PARIS/NEW YORK (Reuters) - Delta Air Lines looked close on Wednesday to placing an order for 100 Airbus A321neo jets in a boost for the European planemaker as it tries to narrow a 2017 order gap against Boeing , two people familiar with the matter said.

businessNews reuters.com

Ford to shift midsize sedan production out of Mexico: sources

(Reuters) - Ford Motor Co has told suppliers it plans to shift production of midsize Fusion and Mondeo sedans out of Mexico and Spain in 2020 and move it to China, three sources said on Wednesday.

companyNews reuters.com

UPDATE 1-Ford to shift midsize sedan production out of Mexico -sources

Dec 13 (Reuters) - Ford Motor Co has told suppliers it plans to shift production of midsize Fusion and Mondeo sedans out of Mexico and Spain in 2020 and move it to China, three sources said on Wednesday.

technologyNews reuters.com

T-Mobile to launch TV service in 2018, buy Layer3 TV

NEW YORK (Reuters) - T-Mobile US Inc said on Wednesday that it would launch a new streaming television service next year after buying startup Layer3 TV for an undisclosed amount.

technologyNews reuters.com

Three U.S. men plead guilty to crimes tied to 2016 botnet attacks

(Reuters) - A former Rutgers University student and two other men pleaded guilty to computer crimes related to the creation, sale and use of the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks.

technologyNews reuters.com

Apple grants $390 million to Finisar to boost laser chip production

(Reuters) - Apple Inc said on Wednesday it had awarded $390 million to optical components maker Finisar Corp to boost production of laser chips that power iPhone X's features such as Face ID, Animoji and portrait mode photos.

companyNews reuters.com

UPDATE 1-Delta may place order for 100 Airbus A321neo jets -sources

PARIS/NEW YORK, Dec 13 (Reuters) - Delta Air Lines looked close on Wednesday to placing an order for 100 Airbus A321neo jets in a boost for the European planemaker as it tries to narrow a 2017 order gap against Boeing, two people familiar with the matter said.

technologyNews reuters.com

Mexican authorities warn cryptocurrency offerings could be a crime

MEXICO CITY (Reuters) - Mexico's finance ministry and central bank warned on Wednesday that cryptocurrencies were risky investments and said fundraising programs known as initial coin offerings (ICOs) could potentially violate Mexican financial law.

companyNews reuters.com

CORRECTED-(OFFICIAL)-UPDATE 3-Brazil Burger King operator may price IPO near top of range -sources

SAO PAULO, Dec 12 (Reuters) - The operator of the Burger King fast-food chain in Brazil, BK Brasil Operação e Assessoria a Restaurantes SA, is expected to price its initial public offering near the top of the suggested price range, three people with direct knowledge of the matter said on Tuesday.

businessNews reuters.com

Exclusive: Ford to base Fusion production in China, ship to U.S. - sources

(Reuters) - Ford Motor Co plans to consolidate global production of midsize sedans in China in 2020 and ship them to the United States and Europe, three sources said on Wednesday.

technologyNews reuters.com

Three men plead guilty to crimes tied to 2016 botnet attacks

(Reuters) - A former Rutgers University student and two other men pleaded guilty to computer crimes related to the creation, sale and use of the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks, according to court documents.

National Anthems nytimes.com

On Pro Football: Goodell Gets $200 Million for Last Deal, Owners Get … Continuity?

Exactly what did N.F.L. owners get for the $200 million they just committed to Roger Goodell?

technologyNews reuters.com

Mexico authorities warn of risks of cryptocurrencies

MEXICO CITY (Reuters) - Mexico's finance ministry and central bank warned on Wednesday of the risks associated with cryptocurrencies and investment schemes known as initial coin offerings.

worldNews reuters.com

Supporters of Egypt presidential hopeful arrested, say security sources, family

CAIRO (Reuters) - Egyptian security forces have arrested three supporters of presidential hopeful and former prime minister Ahmed Shafik, security sources and members of his party said on Wednesday.

technologyNews reuters.com

Finisar gets $390 million from Apple to make more iPhone X chips

(Reuters) - Finisar Corp is getting a $390 million investment from Apple Inc to revive a plant in Texas, which will boost production of chips that power high-profile iPhone X features including Face ID and portrait mode photos.

technologyNews reuters.com

T-Mobile to launch new television service in 2018, acquire Layer3 TV

NEW YORK (Reuters) - U.S. No. 3 wireless carrier T-Mobile US Inc will launch a new television service in 2018 and acquire television technology company Layer3 TV Inc for an undisclosed amount as part of its plans, it said on Wednesday.

technologyNews reuters.com

France proposes age-of-consent rule for Facebook users

PARIS (Reuters) - All French children under the age of 16 will have to seek parental approval to open an account on Facebook or any other social network under draft legislation presented on Wednesday.

technologyNews reuters.com

U.S. says hacker to plead guilty for role in 2016 cyber attacks

(Reuters) - The U.S. Department of Justice has caught one of the people involved in creating the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks, according to court papers.

technologyNews reuters.com

Greek top court clears way for U.S. extradition of Russian cybercrime suspect

ATHENS (Reuters) - Greece's top court cleared the way on Wednesday for the extradition to the United States of a Russian man, also wanted in Moscow, suspected of having laundered billions of dollars in the digital currency bitcoin.

technologyNews reuters.com

Germany monitoring bitcoin market impact: FinMin

BERLIN (Reuters) - Germany is carefully monitoring the impact of cryptocurrencies on markets, a finance ministry spokesman said on Wednesday, as bitcoin surged and the futures of the best known cryptocurrency made their world debut on a U.S. stock exchange.

technologyNews reuters.com

Greek top court paves way for U.S. extradition of Russian bitcoin fraud suspect

ATHENS (Reuters) - Greece's Supreme Court on Wednesday paved the way for the extradition to the United States of Russian bitcoin fraud suspect Alexander Vinnik.

technologyNews reuters.com

Apple to invest $390 million in Finisar to ramp up chip production

(Reuters) - Apple Inc will give Finisar Corp $390 million to increase production of chips that power high-profile iPhone X features including Face ID, Animojis and portrait-mode photos.

technologyNews reuters.com

Deutsche Telekom, EWE to invest 2 billion euros in German fiber buildout

BERLIN (Reuters) - Deutsche Telekom is partnering with EWE AG [LANDWE.UL] to invest 2 billion euros ($2.4 billion) in building out a superfast glass-fiber broadband network in northwestern Germany, the companies said on Wednesday.

technologyNews reuters.com

Apple to invest $390 million in chipmaker Finisar

(Reuters) - Apple Inc said on Wednesday it would invest $390 million in Finisar Corp, which it will use to build out a plant in Texas to make chips that power popular iPhone features such as face ID, animojis and portrait-mode selfies.

businessNews reuters.com

Westfield $16 billion Unibail-Rodamco sale rings the bell on retail's next chapter

SYDNEY/MELBOURNE (Reuters) - For investors in Australia's Westfield Corp , its $16 billion sale to European property giant Unibail-Rodamco may mark a turning point for a mall industry under pressure to reinvent itself amid fierce online competition.

technologyNews reuters.com

China's HNA says U.S lawsuit over failed deal 'baseless'

HONG KONG (Reuters) - China's HNA Group [HNAIRC.UL] said on Wednesday a U.S. lawsuit against the company and its Beijing-based unit Pactera Technology International Ltd over a failed acquisition was "baseless and without merit".

technologyNews reuters.com

British city of Sheffield gives Uber a welcome boost

LONDON (Reuters) - The northern English city of Sheffield has lifted a suspension on Uber's operating license after it provided satisfactory answers to questions about the taxi app's management, in a welcome boost to the firm's British operations.

companyNews reuters.com

Blackstone hires Bain dealmaker in Japan corporate buyout push - sources

* Bain's Toshiba chip deal is top PE-backed global deal this yr

topNews reuters.com

U.S. prepares to open doors on billion-dollar London embassy

LONDON (Reuters) - The United States' diplomatic team in London, custodians of one of the most significant bilateral relationships of the last 100 years, will next month move into a new home: a billion-dollar, 12-storey glass cube overlooking the River Thames.

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.

technologyNews reuters.com

Toyota, Panasonic consider joint development of EV batteries

TOKYO (Reuters) - Toyota Motor Corp and Panasonic Corp said on Wednesday they are considering jointly developing batteries for electric vehicles (EVs), a partnership that could help Panasonic extend its market lead in automotive lithium-ion batteries.

technologyNews reuters.com

South Korea considers cryptocurrency tax as regulators grapple with 'speculative mania'

SEOUL (Reuters) - South Korea said on Wednesday it may tax capital gains from cryptocurrecy trading as global regulators worried about a bubble, with Australia's central bank chief warning of a 'speculative mania" that has seen the digital asset making rip-roaring gains.

technologyNews reuters.com

Founder of China's embattled LeEco placed on debt blacklist

SHANGHAI (Reuters) - The high-profile founder of struggling Chinese tech conglomerate LeEco has been placed on an official blacklist of debt defaulters, a further blow to a firm that had spent heavily to compete in areas from smart cars to online entertainment.

technologyNews reuters.com

Toyota, Panasonic to hold news conference at 1.30 a.m. ET

TOKYO (Reuters) - Toyota Motor Corp and Panasonic Corp on Wednesday said they would hold a joint news conference in Tokyo at 3:30 pm (0630 GMT).

technologyNews reuters.com

South Korea to hold emergency meeting on cryptocurrencies, measures expected Friday

SEOUL (Reuters) - South Korea's government has called an emergency meeting to discuss the trading of cryptocurrencies, and measures on the market will be announced on Friday, a central bank official said on Wednesday.

companyNews reuters.com

BRIEF-‍African Gold Group Announces Termination Of Negotiations With Hummingbird Resources

* ‍AFRICAN GOLD GROUP ANNOUNCES TERMINATION OF NEGOTIATIONS WITH HUMMINGBIRD RESOURCES AND IS EVALUATING ALL LEGAL RIGHTS AND REMEDIES​ Source text for Eikon: Further company coverage:

technologyNews reuters.com

Britain urged to prosecute social media firms over online abuse

LONDON (Reuters) - Social media companies should face prosecution for failing to remove racist and extremist material from their websites, according to a report by an influential committee.

technologyNews reuters.com

Ex-Trump aide Carter Page tells court to stop AT&T Time Warner deal

WASHINGTON (Reuters) - Former Trump campaign adviser Carter Page argued in court papers on Tuesday that AT&T Inc should not be permitted to buy CNN parent Time Warner Inc because there was a risk it would lead to "recklessness" in journalism.

technologyNews reuters.com

Electric vehicle battery prices to steady by 2020: Hyundai Motor

SEOUL (Reuters) - Hyundai Motor Co believes electric vehicle battery prices will level off by 2020 due to supply constraints of key ingredients, ending years of sharp declines that have helped stimulate activity in the booming sector.

technologyNews reuters.com

Toshiba, Western Digital end chip dispute; joint investment to resume

(Reuters) - Toshiba Corp and its chip business partner Western Digital Corp agreed to settle a long-running dispute over the embattled Japanese conglomerate's plans to sell its chip unit, the companies said in a statement, removing a key obstacle to the deal.

technologyNews reuters.com

UK city of York refuses to renew Uber's license in new regulatory setback

(Reuters) - The English city of York refused to renew Uber's [UBER.UL] license to operate there on Tuesday, the city council said, the latest regulatory setback suffered by the ride-hailing app.

technologyNews reuters.com

Bitcoin euphoria puts other retail bets in shade

(Reuters) - If you wondered why 18-year old twitterati and seasoned speculative traders alike have bet on bitcoin's surge toward $20,000 this week, look no further than the comparison with the past year's new stock exchange floatations.

politicsNews reuters.com

Trump signs into law U.S. government ban on Kaspersky Lab software

WASHINGTON (Reuters) - President Donald Trump signed into law on Tuesday legislation that bans the use of Kaspersky Lab within the U.S. government, capping a months-long effort to purge the Moscow-based antivirus firm from federal agencies amid concerns it was vulnerable to Kremlin influence.

technologyNews reuters.com

UK city York refuses to renew Uber's licence

(Reuters) - The English city of York rejected Uber's licence renewal on Tuesday, citing concerns about the ride-hailing app's data breach and the number of complaints received, a city council spokesperson said.

politicsNews reuters.com

White House to host fresh biofuels talks to help refiners: sources

(Reuters) - The White House will host talks between the rival oil and ethanol industries on Wednesday in hopes of brokering a deal to help refiners struggling to meet the country's biofuels policy, according to sources familiar with the matter.

companyNews reuters.com

White House to host fresh biofuels talks to help refiners -sources

Dec 12 (Reuters) - The White House will host talks between the rival oil and ethanol industries on Wednesday in hopes of brokering a deal to help refiners struggling to meet the country's biofuels policy, according to sources familiar with the matter.

technologyNews reuters.com

Lyft starts Canada service in first international foray

(Reuters) - U.S. ride-hailing firm Lyft Inc on Tuesday launched its service in Toronto, the first international market for the rival of much larger Uber Technologies Inc [UBER.UL].

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.

technologyNews reuters.com

Cryptocurrency exchanges Coinbase, Bitfinex down

(Reuters) - Digital currency exchange operators Coinbase and Bitfinex reported problems with service through their websites on Tuesday, frustrating traders seeking to cash in on the latest surge in the value of bitcoin and other cryptocurrencies.

businessNews reuters.com

Europe's Unibail bids $16 billion for Westfield to counter online threat

SYDNEY/MELBOURNE/PARIS (Reuters) - Europe's biggest property firm Unibail-Rodamco is to buy U.S. and UK mall operator Westfield Corp for $16 billion, a defensive move to create a global leader in a sector grappling with the online shopping challenge led by Amazon .

companyNews reuters.com

Brazil Burger King operator may price IPO near top of range -sources

SAO PAULO, Dec 12 (Reuters) - The operator of the Burger King fast-food chain in Brazil, BK Brasil Operação e Assessoria a Restaurantes SA, is expected to price its initial public offering near the top of the range, three people with direct knowledge of the matter said Tuesday.

technologyNews reuters.com

Facebook to book advertising revenue locally amid political pressure

BRUSSELS (Reuters) - Social media giant Facebook said on Tuesday it would start booking advertising revenue locally instead of re-routing it via its international headquarters in Dublin although the move is unlikely to result in it paying much more tax.

businessNews reuters.com

European property giant makes $16 billion bet on U.S. shopping malls

SYDNEY/MELBOURNE (Reuters) - Unibail-Rodamco, Europe's biggest property group, has agreed to buy shopping mall owner Westfield Corp for $16 billion, marking the biggest takeover of an Australian company and a shift in global retail property to counter online shopping.

technologyNews reuters.com

AIG launches new cyber threat analysis to gauge companies' risks

(Reuters) - American International Group Inc has ramped up its analysis for insuring against cyber attacks, using a system that scores a company's risk of having a breach along with safeguards it has in place, the insurer said on Tuesday.

companyNews reuters.com

BRIEF-Ascendant Resources Announces Record Tonnes Mined From Its El Mochito Mine

* ASCENDANT RESOURCES ANNOUNCES RECORD TONNES MINED AND ITS FIFTH CONSECUTIVE MONTH OF POSITIVE EBITDA FROM ITS EL MOCHITO MINE

businessNews reuters.com

Europe's Unibail-Rodamco bids $16 billion for Westfield in global shift

SYDNEY/MELBOURNE (Reuters) - Unibail-Rodamco, Europe's biggest property group, has agreed to buy shopping mall owner Westfield Corp for $16 billion, marking the biggest takeover of an Australian company and a shift in global retail property to counter online shopping.

technologyNews reuters.com

Airbnb drops controversial payment card in France

PARIS (Reuters) - Short-term rental website Airbnb has agreed to withdraw a controversial payment system in France after government officials, including finance minister Bruno Le Maire, met with its managers on Monday.

technologyNews reuters.com

Taiwan's Far Eastern International fined T$8 million over SWIFT hacking incident

TAIPEI (Reuters) - Taiwan's financial regulator said on Tuesday it had fined Far Eastern International Bank T$8 million ($266,524) due to deficiencies related to its SWIFT system hacking incident.

companyNews reuters.com

BRIEF-India's Mukesh Ambani Considers IPO Of Jio Wireless Carrier- Bloomberg,Citing Sources

* INDIA'S MUKESH AMBANI CONSIDERS IPO OF JIO WIRELESS CARRIER- BLOOMBERG,CITING SOURCES

companyNews reuters.com

BRIEF-Steve Laut To Become Executive Vice Chairman of Canadian Natural Resources

* DARREN FICHTER, CURRENTLY EVP OF CANADIAN CONVENTIONAL TO BE PROMOTED TO COO, E&P

companyNews reuters.com

UPDATE 1-Seadrill bondholders propose alternative debt restructuring -sources

OSLO, Dec 12 (Reuters) - An unofficial committee of Seadrill's unsecured bondholders has submitted a binding alternative proposal for the company's restructuring, two sources familiar with the proposal told Reuters on Tuesday.

Mergers, Acquisitions and Divestitures nytimes.com

Westfield, Owner of World Trade Center Mall, to Be Sold for $15.7 Billion

Unibail-Rodamco is set to acquire Westfield, owner of the Garden State Plaza in New Jersey and the shopping center at One World Trade Center, among others.

companyNews reuters.com

Seadrill bondholders propose alternative debt restructuring -sources

OSLO, Dec 12 (Reuters) - An unofficial committee of Seadrill's unsecured bondholders has submitted a binding alternative proposal for the company's restructuring, two sources familiar with the proposal told Reuters on Tuesday.

technologyNews reuters.com

Taiwan's Far Eastern Int'l fined T$8 million over SWIFT hacking incident

TAIPEI (Reuters) - Taiwan's financial regulator said on Tuesday it had fined Far Eastern International Bank T$8 million ($266,524) due to deficiencies related to its SWIFT system hacking incident.

businessNews reuters.com

Exclusive: South Africa's Steinhoff considers sale of PSG, KAP stakes to lift liquidity -sources

JOHANNESBURG/ FRANKFURT (Reuters) - South Africa's Steinhoff is considering selling stakes worth a combined $1.4 billion in local companies PSG Group and KAP Industrial to help plug a liquidity gap at the retailer, two sources familiar with the matter said.

businessNews reuters.com

France's AXA to step up investments in green projects to $11 billion by 2020

PARIS (Reuters) - French insurer AXA announced on Tuesday it would quadruple its investments in environmentally-friendly projects by 2020 to 9 billion euros ($10.60 billion) and disinvest further from the coal industry.

businessNews reuters.com

France's Unibail-Rodamco bids $15.7 billion for Australia's Westfield

SYDNEY/MELBOURNE (Reuters) - France's Unibail-Rodamco has agreed to buy shopping mall owner Westfield Corp for $15.7 billion, in what would be the biggest takeover of an Australian company on record.

technologyNews reuters.com

Rolls-Royce creates cross-business data unit to drive efficiency

LONDON (Reuters) - Rolls-Royce has created a data unit, named R2 Data Labs, that uses analytics, artificial intelligence and machine learning to improve efficiency across its civil and defense aerospace, marine, nuclear and power systems businesses.

businessNews reuters.com

France's Unibail-Rodamco bids $24.7 billion for Australia's Westfield

SYDNEY/MELBOURNE (Reuters) - France's Unibail-Rodamco has agreed to buy shopping mall owner Westfield Corp for $24.7 billion including debt, in what would be the biggest takeover of an Australian company on record.

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

technologyNews reuters.com

Amazon's cloud unit expands in China, with new partner in Ningxia

BEIJING (Reuters) - Amazon.com Inc said on Tuesday it was expanding its cloud computing business in China with a new local partner, aiming to win share in an increasingly crowded and highly regulated market.

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."

companyNews reuters.com

U.S. company sues China's HNA over deal, cites opaque ownership

NEW YORK, Dec 11 (Reuters) - Ness Technologies S.A.R.L., a U.S. software engineering company, has sued Chinese conglomerate HNA Group accusing it of failing to adequately answer questions about its ownership in a U.S. review of takeovers by foreign companies, thereby causing their $325 million deal to fail.

PersonalFinance reuters.com

Fidelity keeps $2 billion mandate in New York after star manager's departure

BOSTON (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...

businessNews reuters.com

Atos offers to buy Gemalto for 4.3 billion euros to boost cyber security services

PARIS (Reuters) - French technology consulting firm Atos offered to buy Gemalto for 4.3 billion euros ($5.06 billion) on Monday to boost its cyber security services as states and big corporations seek to cope with a growing number of attacks on the Internet worldwide.

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.

PersonalFinance reuters.com

Fidelity fund keeps $2 billion mandate in New York after manager's departure

BOSTON (Reuters) - A popular Fidelity Investments tech fund, whose manager left the company after being accused of sexual harassment, has retained a mandate to manage more than $2 billion for a New...

technologyNews reuters.com

U.S. agency prepares to hand over internet oversight to FTC

WASHINGTON (Reuters) - The U.S. Federal Communications Commission plans to turn over oversight of internet service providers to another federal agency as it plans to vote on Thursday to revoke the landmark 2015 "net neutrality" rules.

technologyNews reuters.com

'More to come' after bitcoin futures launch: Cboe CEO

NEW YORK (Reuters) - The generally smooth launch of bitcoin futures on Cboe Global Markets could pave the way for other cryptocurrency-related products like options and ETFs, the head of the exchange operator said in an interview on Monday.

technologyNews reuters.com

Apple removes app after MyEtherWallet complaint

(Reuters) - IPhone maker Apple Inc said on Monday it had removed a paid iOS application from its App Store after MyEtherWallet, a free service for storing digital currencies, complained that the program was improperly using its name.

businessNews reuters.com

Zurich Insurance to buy ANZ's life insurance businesses for $2.14 billion

ZURICH (Reuters) - Zurich Insurance has agreed to buy ANZ's OnePath Life insurance businesses for 2.85 billion Australian dollars ($2.14 billion), the latest and largest foray by the Swiss company into the Australian market.

technologyNews reuters.com

SEC halts initial coin offering from restaurant review app

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has stepped in to stop an "initial coin offering" (ICO) from a restaurant review app, after the company failed to register it as a security.

companyNews reuters.com

Chemicals distribution group Azelis considers 2018 IPO -sources

MADRID/FRANKFURT, Dec 11 (Reuters) - Belgium-based chemicals distribution group Azelis is considering a 2018 stock market listing as its private equity owner seeks to benefit from high sector valuations, sources close to the matter said.

technologyNews reuters.com

U.S. tech firm settles probe of Russian work on defense project

WASHINGTON (Reuters) - Netcracker Technology Corp will not face criminal charges for allowing Russian nationals without security clearance to work on a U.S. defense project after it agreed to adopt enhanced cyber security measures, authorities said on Monday.

worldNews reuters.com

Exclusive: Detained Saudi billionaire al-Sanea seeks to end debt dispute

DUBAI (Reuters) - A detained Saudi billionaire who led the collapsed Saad Group is seeking to repay part of a multi-billion dollar debt to creditors under a deal that could allow his release, people familiar with the matter told Reuters.

technologyNews reuters.com

Apple confirms deal to buy music discovery app Shazam

SAN FRANSICO (Reuters) - Apple Inc on Monday confirmed it had reached a deal to acquire Shazam Entertainment Ltd, the U.K.-based app that lets users identify songs by pointing a smart phone at the audio source.

environmentNews reuters.com

EDF announces big push into solar, sees cost at 25 billion euros

PARIS (Reuters) - French state-owned utility EDF announced on Monday plans for a big push into solar energy in France that is likely to cost around 25 billion euros as the government tries to meet its climate goals.

cnn.com

Akayed Ullah, 27, told police he made the explosive device at his workplace, sources tell CNN

An explosion Monday morning at the Port Authority Bus Terminal in Manhattan is, in the words of Police Commissioner James O'Neill, a "terror-related incident."

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.

companyNews reuters.com

UPDATE 1-Airbus may cut A380 production to six planes a year -sources

PARIS, Dec 11 (Reuters) - Airbus is exploring plans to cut A380 superjumbo production to as low as six aircraft per year as it battles to make the world's largest airliner commercially viable beyond the end of the decade, industry sources said.

businessNews reuters.com

VW sees 4-5 billion euros in outflows in 2018 due to dieselgate

WOLFSBURG, Germany (Reuters) - Volkswagen expects cash outflows of 4-5 billion euros ($4.7-5.9 billion) next year in relation to the dieselgate emissions cheating scandal, the carmaker's Chief Financial Officer Frank Witter told journalists on Monday.

technologyNews reuters.com

U.S. videogame makers may trounce sales estimates again

(Reuters) - Tepid holiday sales forecasts from two of the three major U.S. videogame producers have not dampened investors' confidence in one of the past decade's major stock market success stories for a simple reason: they almost always beat them.

topNews reuters.com

Verizon to pay $2.25 billion to NFL for five-year streaming deal: source

NEW YORK (Reuters) - Verizon Communications Inc will pay around $2.25 billion for a five-year digital streaming partnership with National Football League, according to a source.

cnn.com

A pipe bomb may have unintentionally detonated during the busy commute, New York police sources tell CNN

Police are responding to reports of a possible explosion on the A, C and E subway lines near 42nd Street and Eighth Avenue, New York Police Department Sgt. Brendan Ryan said Monday. The trains are being evacuated, he said.

technologyNews reuters.com

Elliott says chipmaker NXP worth more than Qualcomm's offer

(Reuters) - Activist investor Elliott Management Corp said on Monday that NXP Semiconductors NV is worth $135 per share on an intrinsic standalone basis, more than the $110 Qualcomm Inc has offered to buy the company.

technologyNews reuters.com

Chinese electric car maker to put 'Weltmeister' on road next year

BEIJING (Reuters) - WM Motor Technology Co, one of a new breed of Chinese electric car companies, will use its company name "Weltmeister" as its brand and plans to start taking orders for its first product, a sport-utility vehicle, from April.

technologyNews reuters.com

EU must look at regulating bitcoin, ECB's Nowotny says

VIENNA (Reuters) - The European Union needs to consider regulating bitcoin, European Central Bank ratesetter Ewald Nowotny said on Monday, citing the risk of money laundering.

technologyNews reuters.com

Exclusive: Hong Kong fund tells Toshiba that chip unit sale to Bain group not necessary

TOKYO (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.

technologyNews reuters.com

Apple, India wrangle over import tax on mobile parts: sources

NEW DELHI (Reuters) - Apple Inc has asked India to defer a planned increase in import taxes on mobile phone parts so it can expand its iPhone manufacturing in the country, but the government is unlikely to accede, people familiar with the matter said.