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With rate hike in the bag, Fed may hint at Trump effect on economy

WASHINGTON (Reuters) - The Federal Reserve is widely expected to raise interest rates on Wednesday, but, more significantly, it may give its strongest hint yet on how the Trump administration's tax overhaul could affect the U.S. economy.

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Manhattan luxury condo sales skew apartment prices: survey

NEW YORK (Reuters) - A boom in newly built luxury apartments in Manhattan has skewed prices for the overall residential real estate market in the borough and masked a sharp drop in transaction volume over the past five years, a property report on Wednesday showed.

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Oil prices recover on big U.S. crude stock drawdown, pipeline shutdown supports

TOKYO (Reuters) - Oil prices rose on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles, while expectations for an extended shutdown of a major North Sea crude pipeline also continued to bolster markets.

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Asian shares up, dollar dips as Democrat wins Alabama Senate race

TOKYO (Reuters) - U.S. stock futures, Treasury yields and the dollar fell on Wednesday as Democrat Doug Jones beat Republican Roy Moore in a bitter U.S. Senate race in Alabama, while Asian shares edged up as crude oil futures took back lost ground.

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Oil recovers on big U.S. crude stock drawdown

TOKYO (Reuters) - Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles.

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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:

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Asian shares flat, Fed hike expectations underpin dollar

TOKYO (Reuters) - Asian shares were treading water in early trade on Wednesday as crude oil futures steadied after a selloff, while a widely expected interest rate hike from the Federal Reserve underpinned the dollar.

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Uber picks new head for Indonesia business

JAKARTA (Reuters) - Uber Technologies Inc unveiled on Wednesday a new head of its Indonesian operations in a market where the online taxi company faces cutthroat competition, regulatory uncertainty and a reported U.S. probe into whether it broke bribery laws.

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Oil settles lower after rally on pipeline outage; Brent premium narrows

HOUSTON (Reuters) - Oil prices fell sharply on Tuesday, as traders took profits after prices surged early to a two-year high on an unplanned closure of the pipeline that carries the largest North Sea crude oil grade.

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Bitcoin hits another record high in march toward $20,000

NEW YORK (Reuters) - Virtual currency bitcoin hit another all-time peak on Tuesday, two days after the launch of the first ever bitcoin futures on a U.S. exchange and ahead of the start of another futures contract next week, as investors grew optimistic that the $20,000-mark is within reach.

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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.

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Oil drops after rally on pipeline outage; Brent premium narrows

HOUSTON (Reuters) - Oil prices fell sharply on Tuesday, as traders took profits after prices surged early to a two-year high on an unplanned closure of the pipeline that carries the largest North Sea crude oil grade.

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Trump administration holds talks with airlines, keeps pressure on Gulf carriers

WASHINGTON (Reuters) - The Trump administration met with major airlines on Tuesday to discuss complaints that some Gulf states are unfairly subsidizing state-owned carriers, keeping up pressure on the Middle East airlines at the center of a spat with U.S. rivals.

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Lafarge paid 13 million euros to armed groups to keep operating in Syria: rights group

PARIS (Reuters) - French cement group Lafarge paid close to 13 million euros ($15.2 million) to armed groups including Islamic State militants to keep operating in Syria from 2011-2015, human rights lawyers said on Tuesday.

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Airbus CEO Enders will not seek a third mandate: Figaro

PARIS (Reuters) - Tom Enders has told the French Presidency he will not seek a third mandate as chief executive of European planemaker Airbus , Le Figaro daily reports on its website.

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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.

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Tezos director resigns, sowing more uncertainty at crypto startup

LONDON/ZURICH (Reuters) - One of the three board members of the Swiss foundation that conducted the online fundraiser for the embattled Tezos cryptocurrency tech project has resigned, Reuters has learned.

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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.

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Poland's new PM voices backing for nuclear, green energy in future

WARSAW (Reuters) - Poland will remain reliant on coal for power generation for now but in future should consider turning to nuclear energy and renewable sources, the new prime minister said on Tuesday in his first policy speech.

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Twitter to let users make tweet threads more easily

(Reuters) - Twitter said on Tuesday it would add a pair of buttons that will allow users to more easily see and add new tweets to existing ones on the same topic.

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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.

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EU sends stark warning to airlines on post-Brexit flying

BRUSSELS (Reuters) - British airlines will lose all flying rights to the European Union if there is no transition agreement after Brexit, the EU executive said on Tuesday, a stark reminder of the risks facing the aviation sector if there is no deal.

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U.S., European stock markets climb ahead of Fed meeting; oil hits peak

NEW YORK (Reuters) - Major U.S. and European stock indexes advanced on Tuesday, ahead of a meeting of U.S. Federal Reserve policymakers, while oil prices reached $65 per barrel earlier in the day for the first time since mid-2015.

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BRIEF-TC Media Sells 12 Of Its Newspapers To Groupe Lexis Media Inc.

* TC MEDIA SELLS 12 OF ITS NEWSPAPERS TO GROUPE LEXIS MEDIA INC.

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VW's truckmaker Scania appeals 880 million euro fine for price fixing

STOCKHOLM (Reuters) - Swedish truckmaker Scania said on Tuesday it had filed an appeal against a decision by the European Commission to fine it 880 million euros ($1 billion) for taking part in a price fixing cartel.

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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.

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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.

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Poland to back nuclear power, remain reliant on coal: PM

WARSAW (Reuters) - Poland's new Prime Minister Mateusz Morawiecki said on Tuesday that his government will support a plan to build the country's first nuclear power station, while Warsaw will still rely on coal in its power generation.

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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 .

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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.

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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.

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Xerox 'desperately' needs new leadership, Icahn says

(Reuters) - Activist investor Carl Icahn said on Tuesday Xerox Corp "desperately" needed new leadership, arguing that the printer manufacturer was slow to launch new products and grow revenue.

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Dow opens higher; Fed's rate hike in focus

(Reuters) - The Dow Jones Industrial Average opened higher as energy stocks gained and shares of Boeing touched a record high, while the S&P and the Nasdaq opened flat ahead of the Federal Reserve's policy meeting.

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MIDEAST STOCKS-Oil prices help Gulf rise, Saudi petchems strong

DUBAI, Dec 12 (Reuters) - Middle East stock markets mostly rose on Tuesday after the shutdown of a North Sea pipeline pushed Brent oil above $65 a barrel for the first time since mid-2015.

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Oil hits two-year-and-a-half year high on pipeline shutdown, stocks take breather

LONDON (Reuters) - Oil prices jumped to their highest in more than two years on Tuesday after the shutdown of a North Sea pipeline knocked out significant supply from an already tightening market.

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BRIEF-T. Rowe Price Group Reports Preliminary Month-End Assets Under Management Of $991 Bln As Of November 30, 2017

* T. ROWE PRICE GROUP REPORTS PRELIMINARY MONTH-END ASSETS UNDER MANAGEMENT FOR NOVEMBER 2017

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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.

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German watchdog recalls VW Touaregs over defeat devices

HAMBURG/BERLIN (Reuters) - Germany's KBA automotive watchdog on Tuesday announced a recall of Volkswagen's flagship European sport-utility vehicles (SUV) with 3-litre diesel engines after detecting two illicit emissions control devices in the models.

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BRIEF-Coda Octopus Group Names Michael Midgley Chief Financial Officer

* MIDGLEY WILL CONTINUE TO SERVE AS CHIEF EXECUTIVE OFFICER OF COMPANY'S WHOLLY OWNED SUBSIDIARY, CODA OCTOPUS COLMEK Source text for Eikon: Further company coverage:

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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

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Futures flat with all eyes on Fed meet; Brent tops $65

(Reuters) - U.S. stocks were set to open flat on Tuesday ahead of a two-day meeting of the Federal Reserve that is widely expected to bump up the benchmark interest rate for the third time in a year as it continues to unwind its post-crisis stimulus.

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German watchdog orders recall of 57,600 VW Touareg SUVs

HAMBURG (Reuters) - Germany's KBA automotive watchdog said it has ordered Volkswagen to recall 57,600 diesel models of its Touareg sport-utility vehicle (SUV) after detecting two illicit emission-control devices in tests.

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PepsiCo makes biggest public pre-order of Tesla Semis: 100 trucks

SEATTLE (Reuters) - PepsiCo Inc has reserved 100 of Tesla Inc's new electric Semi trucks, the largest-known order of the big rig, as the maker of Mountain Dew soda and Doritos chips seeks to reduce fuel costs and fleet emissions, a company executive said on Tuesday.

cnn.com

Coming soon to Saudi: AMC movie theaters

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Trump's push to cut federal jobs has modest impact, mostly in defense

WASHINGTON (Reuters) - President Donald Trump's campaign to shrink the "bloated federal bureaucracy" so far has made a small dent in the federal workforce, and that largely because of a decline in civilian defense jobs.

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Sanofi investors hungry for drug progress and deal news

PARIS (Reuters) - Sanofi still needs to convince markets it can deliver on an exciting and sustainable growth path as it contends with fresh difficulties in its vaccines arm and looks set for another gloomy year in diabetes, investors told Reuters.

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German pilots union steps up pressure on Ryanair with strike call

BERLIN (Reuters) - German pilots' union Vereinigung Cockpit said strike action at Ryanair was possible in Germany, as of now, as staff join pilots in other countries in pushing for better conditions at the Irish budget carrier.

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Oil hits two-and-a-half year high on pipeline shutdown, stocks take breather

LONDON (Reuters) - Oil prices jumped to their highest in more than two years on Tuesday after the shutdown of a North Sea pipeline knocked out significant supply from an already tightening market.

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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.

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German pilots union calls for strikes at Ryanair in Germany

BERLIN (Reuters) - German pilots' union Vereinigung Cockpit said strike action at Ryanair was possible in Germany, as of now, as staff join pilots in other countries in pushing for better conditions at the Irish budget carrier.

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Bitcoin exchange Bithumb says 'right' regulations in South Korea would boost market

SEOUL (Reuters) - The Seoul-based operator of the world's busiest virtual currency exchange Bithumb said on Tuesday it will fully comply with potential regulations from the South Korean government and adequately capitalize itself to protect its clients.

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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

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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

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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.

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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.

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Saudi Aramco lifts spending plans to $414 bln over next decade

DAMMAM, Saudi Arabia, Dec 12 (Reuters) - Saudi Aramco plans to raise its spending to $414 billion over the next 10 years, including on infrastructure and drilling, as the state oil giant moves into new businesses, executives said.

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Oil prices jump on pipeline outage, stocks take breather

LONDON (Reuters) - Oil prices jumped on Tuesday after the shutdown of a North Sea pipeline knocked out significant supply from an already tightening market, while world stocks took a break from a three-day rally.

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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.

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Audi CEO drops plan to sell motorcycle brand Ducati

INGOLSTADT, Germany (Reuters) - Germany's Audi has abandoned plans to sell its Italian motorcycle brand Ducati, its chief executive Rupert Stadler said, in a sign of confidence that the carmaker expects to be able to carry the costs of its transformation.

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Bitcoin slips to around $16,300, futures volumes drop

SINGAPORE (Reuters) - Virtual currency bitcoin dipped slightly from the previous session's record highs on Tuesday, after a month of whirlwind and volatile gains leading up to the launch of bitcoin futures on the weekend.

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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.

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

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

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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.

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Singapore's electric car-sharing program hits the road

SINGAPORE (Reuters) - Singapore launched on Tuesday its first large-scale electric car-sharing program through which the land-scarce city-state hopes to provide commuters with more transport options and steer them away from the need to buy their own cars.

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BRIEF-Ashtead Group Says H1 Revenue At 1.9 Bln Stg

* H1 PRETAX PROFIT 493 MILLION STG VERSUS 413 MILLION STG YEAR AGO

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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.

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U.S. transit agencies cautious on electric buses despite bold forecasts

LOS ANGELES (Reuters) - Communities across the United States are looking to replace their dirty diesel buses, ushering in what some analysts predict will be a boom in electric fleets.

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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

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Asia shares take a time out, Brent breaks above $65

SYDNEY (Reuters) - Asian shares took a small step back on Tuesday after three straight sessions of gains, with markets consolidating in the hope an upswing in global growth could outlast a likely hike in U.S. borrowing costs this week.

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Saudi sovereign fund plans cinema venture with AMC Entertainment

DUBAI (Reuters) - Saudi Arabia's main sovereign wealth fund said it planned to enter the cinema business with major U.S.-based movie exhibition company AMC Entertainment Holdings, as the conservative kingdom lifts a 35-year-old ban on cinemas.

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Brent crude jumps above $65 for 1st time since 2015 after North Sea pipeline outage

SINGAPORE (Reuters) - Brent crude oil prices jumped above $65 per barrel for the first time since 2015 after the shutdown of the Forties North Sea pipeline knocked out significant supply from a market that was already tightening due to OPEC-led production cuts.

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Asia shares take breather, Brent breaks above $65

SYDNEY (Reuters) - Asian shares took a breather on Tuesday after three straight sessions of gains, with markets consolidating in the hope an upswing in global growth could outlast a likely hike in U.S. borrowing costs this week.

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Brent crude jumps above $65 for first time since 2015 after North Sea pipeline outage

SINGAPORE (Reuters) - Brent crude oil prices jumped above $65 per barrel for the first time since 2015 after the shutdown of the Forties North Sea pipeline knocked out significant supplies from a market that was already tightening due to OPEC-led production cuts.

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Brent crude prices near 2015 high after North Sea pipeline disruption

SINGAPORE (Reuters) - Brent crude oil prices were near 2015 highs on Tuesday after the unplanned closure of a major North Sea pipeline for repairs, knocking out significant supplies from a market that was already tightening due to OPEC-led production cuts.

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Exxon to provide details on climate-change impact to its business

(Reuters) - Exxon Mobil Corp on Monday said it would publish new details about how climate change could affect its business in a move aimed at appeasing critics and forestalling another proxy fight next year.

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Asia wagers global cheer will outlive Fed tightening

SYDNEY (Reuters) - Asian shares were trying to string together a fourth session of gains on Tuesday as optimism about global growth looked set to outlast an almost certain hike in U.S. borrowing costs this week.

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Uber fights ban on cash payments in Mexican state

MEXICO CITY (Reuters) - Uber Technologies Inc said on Monday that it had appealed regulations that have barred it from accepting cash fares in the Mexican state of Puebla, in a new challenge to clampdowns on the ride-hailing service in Latin America.

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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.

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BRIEF-Amc Entertainment Holdings Signed Non-Binding Memorandum Of Understanding With Public Investment Fund Of Saudi Arabia

* AMC ENTERTAINMENT HOLDINGS INC - SIGNED NON-BINDING MEMORANDUM OF UNDERSTANDING WITH PUBLIC INVESTMENT FUND OF SAUDI ARABIA Source text for Eikon: Further company coverage:

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Comcast drops bid for Fox assets, leaving Disney in pole position

(Reuters) - Comcast Corp said on Monday it had abandoned its bid for most of the assets of Rupert Murdoch’s Twenty-First Century Fox Inc , leaving Walt Disney Co as the sole suitor in pursuit of the $40 billion-plus deal.

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Cutting U.S. electric vehicle tax credit 'will have an impact': GM

DETROIT (Reuters) - If Congress eliminates an electric vehicle tax credit it "will have an impact" on sales of U.S. electric vehicles such as General Motors Co's Chevrolet Bolt, GM Chief Executive Mary Barra said on Monday.

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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.

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Bitcoin futures suggest breakneck rise in price to slow

By Saqib Iqbal Ahmed, Jemima Kelly and Gertrude Chavez-Dreyfuss

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Wall Street ends higher with help from tech, energy

NEW YORK (Reuters) - Wall Street indexes closed higher on Monday and the biggest drivers were technology and energy sectors as oil prices rose and investors waited for an expected U.S. Federal Reserve rate hike later in the week.

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Wall Street rises with help from technology, energy sectors

NEW YORK (Reuters) - Wall Street indexes were higher on Monday with boosts from technology and energy sectors as oil prices rose while investors prepared for an expected U.S. Federal Reserve rate hike later in the week.

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Nuclear plan backer denies Inauguration Day text with top Trump aide

WASHINGTON (Reuters) - A company promoting a plan for the United States and Russia to jointly build nuclear reactors in the Middle East denied in a letter made public on Monday that its director received an Inauguration Day text message from incoming national security adviser Michael Flynn saying the project was "good to go."

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

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

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Medical lab trade group sues over U.S. reimbursement cuts

Dec 11 (Reuters) - A U.S. trade association representing medical laboratories filed a lawsuit on Monday challenging a new reimbursement system used by the federal government that it said would reduce how much Medicare pays for labs by about $670 million in 2018.

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New bitcoin futures suggest breakneck price gains to slow

By Saqib Iqbal Ahmed, Jemima Kelly and Gertrude Chavez-Dreyfuss

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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.

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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.

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BRIEF-Macy’s Announces Pricing Of Debt Tender Offer

* MACY'S INC - ‍PRICING TERMS OF TENDER OFFER OF CO'S UNIT TO PURCHASE UP TO $400 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF OUTSTANDING DEBT SECURITIES

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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.

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Wall Street higher as technology, energy stocks gain

(Reuters) - Technology and energy stocks gained in early afternoon trading on Monday, helping Wall Street shake off uncertainties following an explosion at one of New York's busiest commuter hubs.

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Ryanair pilots in Dublin vote in favor of industrial action

DUBLIN (Reuters) - Pilots employed directly by Ryanair in Dublin, its second largest base, have voted overwhelmingly in favor of taking industrial action in a growing dispute over the airline's collective bargaining system, the IMPACT trade union said on Monday.

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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.

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."

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Wall Street ticks higher as New York explosion worries wane

(Reuters) - U.S stocks indexes edged higher on Monday, recovering from a brief uncertainty following an explosion at one of New York's busiest commuter hubs.

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UBS leads blockchain data reporting pilot ahead of new EU rules

ZURICH/NEW YORK (Reuters) - Financial companies led by Swiss bank UBS are testing a blockchain platform to help them comply with new European Union trade data standards due to come into force next year.

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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.

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Putin, Egypt's Sisi discuss restart of flights, sign nuclear deal

CAIRO (Reuters) - Russian President Vladimir Putin held talks with Egypt's President Abdel Fattah al-Sisi on Monday, agreeing to resume civilian flights which Moscow halted more than two years ago after militants bombed a Russian tourist jet over the Sinai.

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Newly minted bitcoin futures indicate more modest growth ahead

NEW YORK/SYDNEY/LONDON (Reuters) - Newly launched bitcoin futures indicated on Monday that financial markets expect the cryptocurrency to climb further but at a far slower rate than in recent weeks as warnings of a bubble grew.

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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.

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S&P, Dow flat after explosion at New York commuter hub

(Reuters) - The S&P 500 and the Dow were flat in early morning trading on Monday after an explosion rocked New York's Port Authority, one of the city's busiest commuter hubs.

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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.

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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.

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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.

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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.

businessNews reuters.com

First round of Volkswagen pay talks end without deal

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

businessNews reuters.com

S&P, Dow flat after Port Authority explosion

(Reuters) - The S&P and the Dow opened little changed on Monday after reports of an explosion in New York's busy Port Authority commuter hub, while the Nasdaq was slightly higher as technology stocks rose.

worldNews reuters.com

Russia's Putin, Egypt's Sisi discuss nuclear deal, Middle East tensions

CAIRO (Reuters) - Russian President Vladimir Putin met Egypt's President Abdel Fattah al-Sisi in Cairo on Monday for talks over a nuclear power plant and tensions in the Middle East following Washington's decision to recognize Jerusalem as Israel's capital.

companyNews reuters.com

BRIEF-Bristow Group Says Overall Liquidity Increases To About $496 Mln

* BRISTOW GROUP INC SAYS AS OF DECEMBER 8, 2017, OVERALL LIQUIDITY OF COMPANY INCREASED TO APPROXIMATELY $496 MILLION - SEC FILING

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.

businessNews reuters.com

Icahn nominates four directors to Xerox's board

(Reuters) - Activist investor Carl Icahn has named four nominees to Xerox Corp's board of directors, the company said on Monday, after a current Icahn-appointed director resigned due to a difference of opinion with the board.

businessNews reuters.com

Futures inch up, bitcoin grabs investor interest

(Reuters) - U.S. stock futures pointed to a higher opening for Wall Street on Monday, with the launch of bitcoin futures raising investor interest in cryptocurrency related companies.

businessNews reuters.com

Icahn makes four nominations for Xerox board

(Reuters) - Activist investor Carl Icahn has named four nominees to Xerox Corp's board of directors, the company said on Monday.

businessNews reuters.com

Hotly anticipated bitcoin futures ease off after 22 percent surge

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

businessNews reuters.com

Uber's London license appeal to be heard next year

LONDON (Reuters) - Uber [UBER.UL] will defend its right to operate in London in court next year after the app was deemed unfit to run a taxi service and stripped of its license in its most important European market.

businessNews reuters.com

Apple aims to block climate, rights proposals with quick use of SEC guidance

BOSTON (Reuters) - Apple Inc is pushing back on shareholder proposals on climate issue and human rights concerns, an effort activists worry could sharply restrict investor rights.

cnn.com

Saudi Arabia lifts 35-year cinema ban

Movies nytimes.com

Saudi Arabia to Allow Movie Theaters After 35-Year Ban

The move was seen as part of a drive by Prince Mohammed bin Salman in a broad campaign to transform Saudi society.

businessNews reuters.com

Carrefour's Brazilian unit elects Malige as chairman

SAO PAULO (Reuters) - The board at the Brazilian unit of French retailer Carrefour has elected Matthieu Malige as chairman, it said in a statement on Monday.

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.

businessNews reuters.com

Uber appeal case against London license loss planned for April or June next year

LONDON (Reuters) - Uber's [UBER.UL] appeal against the loss of its London license should begin on Apr. 30 for five days but might be delayed until June, a British judge said on Monday at a preliminary hearing.

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.

companyNews reuters.com

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

NEW DELHI, Dec 11 (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.

topNews reuters.com

Seeking to extend martial law in Philippine south, Duterte says militants regrouping

MANILA (Reuters) - Philippine President Rodrigo Duterte on Monday asked Congress to extend martial law on the southern island of Mindanao for a year, arguing that Islamist militants have been regrouping since a five-month urban conflict ended there in October.

businessNews reuters.com

Bitcoin futures steal spotlight, momentum keeps pushing stocks up

LONDON (Reuters) - World stocks climbed and equity volatility neared a record low on Monday as investors focused on signs of strong economic growth ahead of a slew of central bank rate decisions, while the launch of bitcoin futures fed the market's cryptocurrency obsession.

companyNews reuters.com

Hong Kong activist fund tells Toshiba chip unit sale to Bain group not necessary

TOKYO, Dec 11 (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit sale to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.

worldNews reuters.com

Saudi Arabia says cinemas will be allowed from early 2018

DUBAI (Reuters) - Saudi Arabia said on Monday that public cinemas would be allowed in the conservative kingdom and the first cinemas were likely to open early next year.

businessNews reuters.com

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

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

businessNews reuters.com

Bitcoin futures rocket past $18,000; Asian shares buoyant

SYDNEY (Reuters) - The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a hotly anticipated launch, while Asian shares climbed amid optimism about global growth.

worldNews reuters.com

Bahraini civil society group under pressure after Israel visit

DUBAI (Reuters) - A Bahraini civil society group has defended sending a delegation to Israel as a gesture of tolerance and coexistence, state news agency BNA has reported, after news of the visit sparked wide anger on social media.

businessNews reuters.com

Bitcoin futures surge past $18,000; Asian shares firm

SYDNEY (Reuters) - The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a closely-watched launch, while Asian shares climbed amid optimism about global growth.

businessNews reuters.com

Bitcoin futures surge past $17,000 on launch day

SYDNEY (Reuters) - The front-month bitcoin futures contract on the Chicago-based CBOE Futures Exchange surged past $17,000 on Monday, the first day of trading.

businessNews reuters.com

Bitcoin futures make firm debut, dollar holds gains ahead of Fed

SYDNEY (Reuters) - Futures in bitcoin, which has taken global financial markets by storm, swung above their launch price, while the dollar kept gains in Monday's Asian session on expectations the Federal Reserve will stick to its tightening path.

businessNews reuters.com

Bitcoin futures race higher in volatile launch, dollar steady

SYDNEY (Reuters) - Futures in bitcoin, which has taken global financial markets by storm, got off to a volatile start at its launch, while the dollar kept gains in Monday's Asian session on expectations the Federal Reserve will stick to its tightening path.

businessNews reuters.com

Uber heads to court in fight for London survival

LONDON (Reuters) - Uber [UBER.UL] will defend its right to operate in London in a court hearing on Monday after the app was deemed unfit to run a taxi service and stripped of its license in its most important European market.

businessNews reuters.com

Bitcoin futures start trading on CBOE exchange

NEW YORK (Reuters) - The newest way to bet on bitcoin arrived on Sunday, with futures of the cryptocurrency that has taken Wall Street by storm starting trading for the first time.

businessNews reuters.com

Mediaset hopes truce with Vivendi to come with content deal with Telecom Italia: media

MILAN (Reuters) - Mediaset's chief executive said he hoped the shared interest over TV content with Telecom Italia (TIM) could pave the way to a truce with France's Vivendi , speaking in a interview published late on Sunday.

companyNews reuters.com

RPT-UPDATE 1-Global brewers line up bids for Vietnam's Sabeco sale - sources

SINGAPORE/LONDON, Dec 10 (Reuters) - Brewing groups including Thai Beverage, Anheuser-Busch InBev and Kirin Holdings are gearing up to bid for a stake in Vietnam's largest brewer, Sabeco, people familiar with the matter said, with the $5 billion sale process by the government opening this week.

businessNews reuters.com

Britain's Labour Party looks to move some BoE functions away from London

(Reuters) - Britain's Labour Party is considering moving some of Bank of England's functions to Birmingham, from its current home in Threadneedle Street in the City of London, according to an interim report on the British financial system released on Sunday.

topNews reuters.com

Exclusive: U.S. mall owner GGP rejects Brookfield Property's $14.8 billion offer - sources

NEW YORK (Reuters) - GGP Inc , one of the largest owners and operators of U.S. shopping centers, has rejected a $14.8 billion buyout offer from its biggest shareholder, Brookfield Property Partners LP , people familiar with the matter said on Sunday.

cnn.com

Nuclear destruction 'one impulsive tantrum away,' Nobel winners warn

The winners of the 2017 Nobel Peace Prize have warned countries that possess nuclear weapons to eliminate their "instruments of insanity" or risk mutual destruction.

environmentNews reuters.com

Egypt to sign contracts for nuclear power plant during Putin's visit: sources

CAIRO (Reuters) - Egypt will sign contracts with Moscow during Russian President Vladimir Putin's visit to Cairo on Monday for the country's first nuclear power plant, three senior sources told Reuters on Sunday.

companyNews reuters.com

MIDEAST STOCKS-Major markets rise, led by Saudi and Egypt

* Saudi continues bounce from chart support, volume very high

businessNews reuters.com

Thyssenkrupp makes offer to workers for Tata Steel deal: sources

BERLIN (Reuters) - Thyssenkrupp has offered workers commitments on jobs and investments to get union backing for its deal with Tata Steel to merge their European steel operations, several people close to labor union IG Metall said.

worldNews reuters.com

Pope prays for nuclear disarmament

MILAN (Reuters) - Pope Francis on Sunday called on world leaders to work in favor of nuclear disarmament to protect human rights, particularly those of weaker and underprivileged people.

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.

worldNews reuters.com

Nobel peace laureate group urges nuclear powers to adopt ban-the-bomb treaty

OSLO (Reuters) - The leader of the group that won this year's Nobel Peace Prize on Sunday urged nuclear nations to adopt a United Nations treaty banning atomic weapons in order to prevent "the end of us".

worldNews reuters.com

Yemen's Saleh buried in Sanaa with handful of relatives present: sources

DUBAI (Reuters) - Yemen's Houthi group has buried the body of former Yemeni President Ali Abdullah Saleh in Sanaa, allowing only a handful of relatives to attend, sources from his General People's Congress (GPC) party said on Sunday.

environmentNews reuters.com

China looks to nuclear option to ease winter heating woes

SHANGHAI (Reuters) - With its smog-prone north desperate to slash coal consumption, China is looking to deploy nuclear power to provide reliable winter heating, raising public safety concerns - though developers say the risks are minimal.

companyNews reuters.com

UPDATE 1-Global brewers line up bids for Vietnam's Sabeco sale - sources

* AB InBev, Japanese brewers also keen - sources (Adds context in paragraph 3)

companyNews reuters.com

Global brewers line up bids for Vietnam's Sabeco sale - sources

SINGAPORE/LONDON, Dec 10 (Reuters) - Brewing groups including Thai Beverage, Anheuser-Busch InBev and Kirin Holdings are gearing up to bid for a stake in Vietnam's largest brewer, Sabeco, people familiar with the matter said, with the $5 billion sale process by the government opening this week.

businessNews reuters.com

After bitcoin’s wild week, traders brace for futures launch

NEW YORK (Reuters) - The newest way to bet on bitcoin, the cyptocurrency that has taken Wall Street by storm with its stratospheric price rise and wild daily gyrations, will arrive on Sunday when bitcoin futures start trading.

businessNews reuters.com

South Korea's Hyundai says faces headwinds from weaker yen next year

SEOUL (Reuters) - South Korean automakers face a major headwind from a weakening Japanese yen, which will boost rivals like Toyota Motor Corp. next year, a Hyundai Motor think tank said.

businessNews reuters.com

Thyssenkrupp ready to make workers offer for Tata Steel deal: Bild am Sonntag

BERLIN (Reuters) - Thyssenkrupp is prepared to offer workers commitments on jobs and investments to get union backing for its deal with Tata Steel to merge their European steel operations, German weekly Bild am Sonntag reported, citing an internal memo.

businessNews reuters.com

VW executive convicted in U.S. may seek transfer to Germany: Welt am Sonntag

BERLIN (Reuters) - Volkswagen executive Oliver Schmidt, convicted in the United States this week for his role in the German carmaker's emissions scandal, may ask to serve his prison sentence in Germany, German weekly Welt am Sonntag reported, citing sources close to Schmidt.

worldNews reuters.com

U.N. says missiles fired at Saudi Arabia have 'common origin'

UNITED NATIONS (Reuters) - United Nations officials have found that missiles fired at Saudi Arabia by Yemen's Houthi rebels appear to have a "common origin," but they are still investigating U.S. and Saudi claims that Iran supplied them, according to a confidential report.

topNews reuters.com

Aftershocks likely from September test detected from North Korea nuclear site: USGS

WASHINGTON (Reuters) - Two minor tremors were detected on Saturday from near North Korea's nuclear test site and were probably aftershocks from the country's massive nuclear test in early September, a U.S. Geological Survey official said.

topNews reuters.com

Russia says it is fully committed to nuclear missile pact

MOSCOW (Reuters) - Russia said on Saturday it was fully committed to a Cold War-era pact with the United States banning intermediate-range cruise missiles, a day after Washington accused Moscow of violating the treaty.

worldNews reuters.com

Russia fully compliant nuclear missile treaty: deputy foreign minister

MOSCOW (Reuters) - Russia is fully committed to the 1987 Intermediate-Range Nuclear Forces Treaty and plans to continue complying with it, Deputy Foreign Minister Sergei Ryabkov said on Saturday.

worldNews reuters.com

Nobel peace laureate group tells U.S., North Korea to negotiate

OSLO (Reuters) - A survivor of the Hiroshima atomic bombing and the leader of the group that won this year's Nobel Peace Prize on Saturday urged the United States and North Korea to tone down their rhetoric and negotiate together to avoid a nuclear strike.

worldNews reuters.com

Erdogan and Macron to urge U.S. to turn back on Jerusalem decision: sources

ISTANBUL (Reuters) - Turkey's Tayyip Erdogan and France's Emmanuel Macron will work together to try to persuade the United States to reconsider its decision to recognize Jerusalem as the capital of Israel, a Turkish presidential source said on Saturday.

Marijuana nytimes.com

Hey, ‘Budtender’: Los Angeles’s Power Brokers of Pot Crank Up the Kook

Sensuality circles! High teas! Expensive vape pens! Who says there’s no intellectual life in this fine city?

Palestinians nytimes.com

Terrorist Groups Vow Bloodshed over Jerusalem Decision. ISIS? Less So.

From Mali to Afghanistan, jihadists promised to retaliate over the decision to recognize Jerusalem as Israel’s capital. But ISIS took aim, instead, at them.

companyNews reuters.com

UPDATE 1-KKR's tender offer for Hitachi Kokusai succeeds by slight margin

* Elliot had bought 8.59 pct stake in Hitachi Kokusai (Recasts with announcement, background)

companyNews reuters.com

Drug industry group sues to stop California drug price law

Dec 8 (Reuters) - The trade group representing U.S. drugmakers on Friday said it has a filed a lawsuit to stop California from implementing a law aimed at reining in prescription drug prices.

Museums nytimes.com

Saudi Arabia Disputes That Crown Prince Bought ‘Salvator Mundi’

Its embassy in Washington said the crown prince merely acted as an “intermediary purchaser” for Abu Dhabi. American officials say otherwise.

worldNews reuters.com

In push for Yemen aid, U.S. warned Saudis of threats in Congress

WASHINGTON (Reuters) - The United States has warned Saudi Arabia that concern in Congress over the humanitarian situation in Yemen could constrain U.S. assistance, as it pushed Riyadh to allow greater access for humanitarian aid, a U.S. official said on Friday.

businessNews reuters.com

Apple in talks to acquire music identification app Shazam: source

SAN FRANCISCO (Reuters) - Apple Inc is in talks to acquire Shazam Entertainment Ltd, whose software helps users identify songs by pointing their phone at an audio source, according to a person familiar with the situation.

cnn.com

Nobel laureate: There is one way to prevent nuclear war

In awarding this year's Nobel Peace Prize to the International Campaign to Abolish Nuclear Weapons, the Nobel committee has chosen to shine a powerful light on the grave and growing danger of nuclear war and illuminate the path we must follow to avoid that ultimate calamity.

companyNews reuters.com

UPDATE 3-Mexico says deepwater oil tender doomed by Brazil competition

MEXICO CITY, Dec 8 (Reuters) - Mexican national oil company Pemex on Friday blamed the cancellation of a potentially lucrative deepwater Gulf of Mexico project on weak investor appetite due to competition from recent auctions in Brazil and low oil prices.

companyNews reuters.com

KKR's tender offer for Hitachi Kokusai ends in success - Nikkei

Dec 8 (Reuters) - KKR & Co LP has brought its tender offer for shares of Japan's chipmaking equipment Hitachi Kokusai Electric Inc to a successful end, the Nikkei reported on Friday, citing sources.

companyNews reuters.com

BRIEF-CIT Group Inc Files For Potential Mixed Shelf Offering

* CIT GROUP INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING Source text: (http://bit.ly/2y8rsAP) Further company coverage:

businessNews reuters.com

PepsiCo to move to Nasdaq after nearly a century with NYSE

(Reuters) - PepsiCo Inc is moving its listing to the Nasdaq, ending a century-long association with the New York Stock Exchange.

businessNews reuters.com

Apple's Ive returns to helm of design teams

(Reuters) - Apple Inc Chief Design Officer Jony Ive is returning to day-to-day management of the company's design teams after handing off managerial duties two years ago to focus on other projects, Apple told Reuters on Friday.

businessNews reuters.com

Delta Air Lines cancels hundreds of flights due to winter storm

NEW YORK (Reuters) - Delta Air Lines has canceled more than 600 flights due to inclement weather at its Atlanta hub, the carrier said on Friday, as a winter storm travels towards the northeast, threatening more cancellations and delays.

businessNews reuters.com

Tax-loss selling to pressure 2017's losers in December

NEW YORK (Reuters) - Stocks that have been lackluster so far in 2017 are unlikely to see their fortunes reversed in the final month of the year, as investors engage in tax-harvesting practices before the new year.

businessNews reuters.com

Macy's Terry Lundgren to retire as chairman in January

(Reuters) - Department store operator Macy's Inc said Chairman and former Chief Executive Terry Lundgren would retire from the board on January 31, 2018.

businessNews reuters.com

Strong U.S. job growth in November bolsters economy's outlook

WASHINGTON (Reuters) - U.S. job growth increased at a strong clip in November, painting a portrait of a healthy economy that analysts say does not require the kind of fiscal stimulus that President Donald Trump is proposing, even though wage gains remain moderate.

companyNews reuters.com

N.J. Governor Christie eyes nuclear power subsidies, sparks criticism

Dec 8 (Reuters) - New Jersey Governor Chris Christie said he would consider a bill in his last month in office that would subsidize the state's nuclear power plants to prevent them from retiring early, sparking criticism from some energy companies and environmental and public interest groups on Friday.

companyNews reuters.com

BRIEF-Platform Specialty Products Announces Final Results Of Cash Tender Offer

* PLATFORM SPECIALTY PRODUCTS CORPORATION ANNOUNCES FINAL RESULTS OF CASH TENDER OFFER AND CONSENT SOLICITATION FOR, AND COMPLETION OF THE REDEMPTION OF, ANY AND ALL OF ITS OUTSTANDING 10.375% SENIOR NOTES DUE 2021 Source text for Eikon: Further company coverage:

businessNews reuters.com

Wall Street closes higher after payrolls report

NEW YORK (Reuters) - U.S. stocks advanced on Friday, buoyed by a solid payrolls report for November that locked in expectations for an interest rate hike from the U.S. Federal Reserve next week and raised optimism about economic prospects in 2018.

businessNews reuters.com

Bitcoin drops after dramatic gains ahead of futures launch

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

worldNews reuters.com

U.S. calls on Saudi coalition to open Yemeni ports to aid

WASHINGTON (Reuters) - The U.S. government on Friday called on the Saudi-led military coalition to facilitate the free flow of humanitarian aid to all of Yemen's ports and through Sana'a airport, the White House said in a statement.

companyNews reuters.com

BRIEF-Baker Hughes, A GE Company Announces Pricing Of Tender Offers By Baker Hughes, A GE Company, LLC

* BAKER HUGHES, A GE COMPANY ANNOUNCES PRICING OF ANY AND ALL TENDER OFFERS BY BAKER HUGHES, A GE COMPANY, LLC

companyNews reuters.com

PWC to sell government services practice -sources

WASHINGTON, Dec 8 (Reuters) - Global financial auditing and consulting company PricewaterhouseCoopers LLP is exploring the sale of its government consulting practice, which could fetch about $500 million, four people familiar with the matter said this week.

businessNews reuters.com

November payrolls report lifts Wall Street

NEW YORK (Reuters) - Wall Street indexes advanced on Friday on the heels of a solid payrolls report for November, locking in expectations for an interest rate hike from the U.S. Federal Reserve next week and boosting optimism about economic prospects for 2018.

companyNews reuters.com

UPDATE 2-Mexico says deepwater oil tender doomed by Brazil competition

MEXICO CITY, Dec 8 (Reuters) - Mexican national oil company Pemex on Friday blamed the cancellation of a potentially lucrative deepwater Gulf of Mexico project on weak investor appetite due to competition from recent auctions in Brazil and low oil prices.

companyNews reuters.com

BRIEF-Destination Xl Group Entered Into Letter Agreement With Prescott Group Capital Management

* DESTINATION XL GROUP - ON DEC 6, CO ENTERED INTO LETTER AGREEMENT WITH PRESCOTT GROUP CAPITAL MANAGEMENT L.L.C. & AFFILIATES & THEIR ASSOCIATES

businessNews reuters.com

Trump says fines against Wells Fargo could be increased

WASHINGTON/NEW YORK (Reuters) - President Donald Trump took aim at the third-largest U.S. bank on Friday, writing on Twitter that government fines and penalties against Wells Fargo & Co could be hiked amid an ongoing sales scandal.

worldNews reuters.com

Despite furor over Jerusalem move, Saudis seen on board with U.S. peace efforts

BEIRUT/RIYADH/AMMAN (Reuters) - Saudi Arabia pulled no punches when it condemned President Donald Trump's move to recognize Jerusalem as the capital of Israel. But Palestinian officials say Riyadh has also been working for weeks behind the scenes to press them to support a nascent U.S. peace plan.

businessNews reuters.com

Bitcoin tumbles after dramatic gains ahead of futures launch

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

businessNews reuters.com

Wall Street gains on robust Nov. hiring data

(Reuters) - Wall Street indexes gained on Friday as U.S. employers added more jobs than expected in November, cementing the case for an interest rate hike next week and adding to optimism about the economy heading into 2018.

companyNews reuters.com

BRIEF-KKR Has Brought Its Tender Offer For Shares Of Hitachi Kokusai Electric To A Close - Nikkei‍​

* KOHLBERG KRAVIS ROBERTS HAS BROUGHT ITS TENDER OFFER FOR SHARES OF HITACHI KOKUSAI ELECTRIC TO A CLOSE - NIKKEI‍​

businessNews reuters.com

Ahead of Canada fighter jet announcement, Boeing looks to future

OTTAWA (Reuters) - Boeing Co , which is locked in a dispute with the Canadian government, said on Friday it would continue to look for ways to work with the country, which is expected next week to announce it is scrapping plans to buy 18 of the U.S. planemaker's Super Hornet fighter jets.

businessNews reuters.com

WestJet to gain market share with Delta joint venture: Moody's

(Reuters) - WestJet Airlines Ltd's joint venture with Delta Air Lines Inc will put the Canadian air carrier in a stronger position to gain market share, credit rating agency Moody's Investors Service said.

businessNews reuters.com

EU regulators to warn Bayer about Monsanto bid: source

BRUSSELS (Reuters) - EU antitrust regulators are set to warn Bayer its planned purchase of U.S. seed maker Monsanto may hurt competition, a person familiar with the matter said on Friday, a move that would force Bayer to offer concessions to address the concerns.

businessNews reuters.com

Steinhoff shares climb off 14-year low in volatile trade

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