News Trends, News Analysis, News Archive.



Related Articles

businessNews reuters.com

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

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

businessNews reuters.com

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.

businessNews reuters.com

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.

companyNews reuters.com

Brazil's Kroton looks to expand overseas through acquisitions

SAO PAULO, Dec 11 (Reuters) - Brazilian for-profit education company Kroton Educacional SA has begun studies to expand abroad via acquisitions and is also eyeing new domestic targets, the firm's chairman and senior executives said on Monday.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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

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

businessNews reuters.com

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.

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.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Marksmen Announces Operational Update

* MARKSMEN ENERGY-AGREED TO ACQUIRE ADDITIONAL 20 PCT WORKING INTEREST FROM HOCKING HILLS ENERGY AND WELL SERVICES TO INCREASE CO'S WI SHARE IN WELL TO 60 PCT Source text for Eikon: Further company coverage:

businessNews reuters.com

Lighthizer says WTO losing focus, must rethink development

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

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.

companyNews reuters.com

BRIEF-Restoration Robotics Announces Appointment Of Mark Hair As CFO

* RESTORATION ROBOTICS® ANNOUNCES APPOINTMENT OF MARK HAIR AS CHIEF FINANCIAL OFFICER

worldNews reuters.com

Iran foreign minister defends missile program, asks European support

BEIRUT (Reuters) - Iran's foreign minister on Monday defended its ballistic missile program and urged European countries not to be influenced by U.S. President Donald Trump's confrontational policy towards Tehran.

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.

companyNews reuters.com

BRIEF-FS Investments, KKR To Form Middle Market Alternative Lending Platform

* FS INVESTMENTS AND KKR PARTNERING TO FORM PREMIER $18 BILLION MIDDLE MARKET ALTERNATIVE LENDING PLATFORM

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.

companyNews reuters.com

GLOBAL-MARKETS-Bitcoin futures steal spotlight, momentum keeps pushing stocks up

* Expectant dollar hovers ahead of Fed rate rise (Updates prices, adds detail)

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.

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.

companyNews reuters.com

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

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

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

GLOBAL MARKETS-Bitcoin futures steal spotlight, momentum keeps pushing stocks up

LONDON, Dec 11 (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

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

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

technologyNews reuters.com

China Telecom earmarked as Philippines' 3rd telecoms player: Manila officials

MANILA (Reuters) - State-run China Telecom Corp could become the Philippines' third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services.

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.

companyNews reuters.com

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

* Fed expected to hike rates this week; BoE, ECB also meeting

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.

companyNews reuters.com

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

* Fed expected to hike rates this week; BoE, ECB also meeting

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.

companyNews reuters.com

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

* Fed expected to hike rates this week; BoE, ECB also meeting

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.

companyNews reuters.com

GLOBAL MARKETS-Bitcoin futures race higher in volatile launch, dollar steady

* U.S. Fed expected to hike rates this week; BoE, ECB also meeting

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.

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.

Terrorism nytimes.com

How ISIS Produced Its Cruel Arsenal on an Industrial Scale

When the Islamic State seized territory in Iraq and Syria, it had the time and space to industrialize advanced weapons manufacturing. The results included explosive space heaters and chemical rockets.

worldNews reuters.com

Berlin police say bags of bullets found near Christmas market not linked to terrorism

BERLIN (Reuters) - There is no reason to suspect that two bags of bullets found near a Christmas market and mosque in western Berlin have anything to do with terrorism and the find was related neither to the market nor to the mosque, police said on Sunday.

cnn.com

For the first time in US history, a road will likely be carved through a protected wilderness refuge

A wilderness refuge protected since the Eisenhower administration could have a road carved right through it

cnn.com

GOP Sen. Collins: Not sure if I will support tax reform plan

Republican Sen. Susan Collins said Sunday morning that she hasn't made a decision yet about whether or not she will vote for the the Republican tax reform plan.

worldNews reuters.com

Thousands of Saakashvili supporters stage protest against Ukraine president

KIEV (Reuters) - Several thousand people marched through central Kiev on Sunday to protest against the detention of Ukrainian opposition figure Mikheil Saakashvili and call for the impeachment of President Petro Poroshenko.

companyNews reuters.com

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

* Saudi continues bounce from chart support, volume very high

technologyNews reuters.com

China Telecom earmarked as the Philippines' third telecoms player

MANILA (Reuters) - State-run China Telecom Corp could become the Philippines' third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services.

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.

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.

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.

sportsNews reuters.com

United 2026 bid needs to build support for U.S. not stadiums

TORONTO (Reuters) - The heads of a joint bid from the United States, Mexico and Canada to host the 2026 World Cup trumpeted a winning plan on Saturday that technically ticks most if not all the boxes FIFA wants, but could miss the mark when it comes to winning friends.

cnn.com

Trump's most controversial remarks

CNN rounded up some of President Trump's most controversial remarks on race in the US.

Indigenous People nytimes.com

Explore Bears Ears Through Indigenous Voices

Bears Ears National Monument is at the center of America’s public lands debate. Visit the area in 360 and hear from some of the people affected by the boundary change.

California nytimes.com

Dozens of Horses Killed as Fires Tear Through California

The horses died in two fires this week — and at least three people were injured — even as trainers and rescuers tried to save as many as they could.

cnn.com

Why 'Coco' is so much more than your average box office hit

A little boy wielding a special guitar has made beautiful music at the box office since "Coco" debuted in theaters last month.

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

Alabama voters struggle with whether to support Moore

Roy Moore is forcing Alabama Republicans to ask themselves some tough questions.

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.

companyNews reuters.com

CANADA STOCKS-TSX posts 2-week high as industrials lead broad-based rally

TORONTO, Dec 8 (Reuters) - Canada's main stock index rose to a two-week high on Friday, led by financial and industrial shares after solid U.S. jobs data boosted investor sentiment, while energy stocks climbed on higher oil prices.

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.

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.

companyNews reuters.com

BRIEF-NYX Gaming & Scientific Games Announce Sky Betting & Gaming Will Support Proposed Deal

* NYX GAMING GROUP AND SCIENTIFIC GAMES ANNOUNCE SKY BETTING & GAMING WILL SUPPORT PROPOSED ACQUISITION OF NYX

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.

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.

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.

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.

cnn.com

'Crown' star Matt Smith on who should play Meghan Markle

Meghan Markle is not only joining Britain's real royal family, she could also have a part in the fictitious one.

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.

companyNews reuters.com

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

Dec 8 (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

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.

businessNews reuters.com

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

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

businessNews reuters.com

Wall Street rises as jobs data shows strength in economy

(Reuters) - U.S. stocks were pushed higher on Friday by a stronger-than-expected jobs data for November, which indicated improving economic fundamentals at the world's largest economy in the run up to a near certain interest rate hike next week.

companyNews reuters.com

GLOBAL MARKETS-Stocks, dollar gain after strong U.S. job growth data

* Dollar index on pace for fifth session of gains (Updates with opening of U.S. markets; changes dateline from London)

businessNews reuters.com

U.S. tax repatriation plan may not cure long-term dollar weakness

NEW YORK (Reuters) - Investors looking for the U.S. Republican tax bill to prompt multinational companies to convert foreign profits into dollars and end the worst slide in the greenback in a decade may have to temper their hopes for a prolonged rebound.

environmentNews reuters.com

High winds to hamper California firefighters through weekend

FARIA BEACH/LILAC, Calif. (Reuters) - Armies of firefighters on Friday battled an expanding front of Southern California wildfires that have raged for five days and destroyed at least 500 structures, with the gusty winds driving the conflagrations expected to continue into the weekend.

worldNews reuters.com

Britain, EU clinch Brexit 'breakthrough' with move to trade talks

BRUSSELS (Reuters) - Britain and the European Union struck a divorce deal on Friday that paves the way for arduous talks on future trade ties, easing immediate pressure on Prime Minister Theresa May and boosting hopes of an orderly Brexit.

businessNews reuters.com

CVS expects Justice Department to handle review of Aetna deal

WASHINGTON (Reuters) - CVS Health Corp expects the U.S. Justice Department to do the antitrust review of its planned acquisition of health insurer Aetna Inc, a spokesman for the drugstore chain operator said.

businessNews reuters.com

Trump says fines against Wells Fargo won't be dropped: Twitter

WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday that government fines and penalties against Wells Fargo & Co will not be dropped and could be "substantially increased."

companyNews reuters.com

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

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

businessNews reuters.com

Strong jobs data lifts Wall Street higher

(Reuters) - Wall Street ticked higher on Friday after a stronger-than-expected jobs data for November showed that the world's largest economy has gained strength, ahead of a near certain interest rate hike next week.

businessNews reuters.com

Strong U.S. jobs growth data lifts Wall Street

(Reuters) - Wall Street's stock indexes opened higher on Friday after the latest jobs data showed strength in the U.S. economy and bolstered the case for a December interest rate hike.

companyNews reuters.com

GLOBAL MARKETS-World stocks rise as Brexit deal adds to Asian cheer

* European stocks surge 0.8 pct, following Asian stocks higher

businessNews reuters.com

After dramatic gains, bitcoin tumbles 20 percent in 10 hours

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

California Today nytimes.com

California Today: California Today: Guiding L.A. Through a Crisis

Monday: Mayor Eric M. Garcetti responds to the wildfires, 747 Supertankers, Bay Area Firefighters and Xavier Becerra.

worldNews reuters.com

Britain and EU clinch Brexit 'breakthrough' with move to trade talks

BRUSSELS (Reuters) - Britain and the European Union struck a divorce deal on Friday that paves the way for arduous trade talks, easing immediate pressure on Prime Minister Theresa May and boosting hopes of an orderly Brexit.

businessNews reuters.com

Singapore's ComfortDelGro buys majority stake in Uber unit

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

businessNews reuters.com

Stock futures add to gains on strong November jobs data

(Reuters) - U.S. stock index futures extended gains on Friday after a Labor Department report showed job growth increased at a strong clip in November and wages rebounded.

businessNews reuters.com

JPMorgan, Citi not willing to support launch of bitcoin futures: FT

(Reuters) - Big Banks, including JPMorgan Chase and Citigroup will not immediately clear bitcoin trades for clients once Cboe Global Markets and CME Group start trading futures contracts in the cryptocurrency next week, the Financial Times reported, citing people familiar with the matter.

businessNews reuters.com

Roche, Novartis' Italian heads risk trial for alleged market rigging: sources

ROME (Reuters) - The local heads of Swiss drugmakers Roche and Novartis risk facing trial in Italy for alleged market manipulation, judicial sources said on Friday.

cnn.com

Brexit breakthrough? Yes, but now the hard work begins

businessNews reuters.com

Lloyd's of London pushes ahead with Brexit plans

LONDON (Reuters) - Lloyd's of London [SOLYD.UL] will press ahead with plans to establish a foothold in the European Union regardless of progress in EU divorce talks that industry groups said was welcome but did little to dispel uncertainty.

businessNews reuters.com

Brexit deal helps U.S. futures bounce

(Reuters) - U.S. stock futures pointed to a higher opening for Wall Street on Friday, helped by gains for global stock markets after Britain secured EU agreement to move on from the first-round of Brexit negotiations.

businessNews reuters.com

Steinhoff shares bounce off 14-year low in volatile trade

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

healthNews reuters.com

Venezuela's chronic shortages give rise to 'medical flea markets'

SAN CRISTOBAL/MARACAIBO, Venezuela (Reuters) - Venezuela's critical medicine shortage has spurred "medical flea markets," where peddlers offer everything from antibiotics to contraceptives laid out among the traditional fruits and vegetables.

companyNews reuters.com

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

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

businessNews reuters.com

RBS CEO says U.S. settlement could slip into next year: Bloomberg

LONDON (Reuters) - Royal Bank of Scotland's chances of reaching a deal this year with the U.S. Department of Justice over its mis-selling of toxic mortgage-backed securities are "diminishing", its chief executive said in a Bloomberg TV interview.

companyNews reuters.com

Liberty Specialty Markets to redomicile UK insurance company to Luxembourg

LONDON, Dec 8 (Reuters) - Liberty Specialty Markets said on Friday it planned to redomicile its UK insurance company to Luxembourg as a result of Britain's decision to leave the European Union.

companyNews reuters.com

BRIEF-Giga Media Ltd CEO Cheng-Ming Huang Reports Open Market Purchase Of 55,070 Shares Of Co's Common Stock On Dec 6 At $2.9375 Per Share

* GIGA MEDIA LTD CEO CHENG-MING HUANG REPORTS OPEN MARKET PURCHASE OF 55,070 SHARES OF CO'S COMMON STOCK ON DEC 6 AT $2.9375PER SHARE - SEC FILING‍​ Source text: [http://bit.ly/2yOQita] Further company coverage:

businessNews reuters.com

VW says halts multivan deliveries amid emissions 'uncertainties'

BERLIN (Reuters) - Volkswagen said on Friday it had stopped delivering the T6 multivan to dealers after detecting that the diesel model emitted excessive nitrogen oxide levels and had reported the findings to Germany's automotive watchdog (KBA).

politicsNews reuters.com

Aide tries to refocus tax debate after Trump's corporate rate remark

WASHINGTON (Reuters) - President Donald Trump's weekend remark about a scaled-back tax cut for corporations sparked behind-the-scenes debate in the U.S. Congress, with a White House aide trying on Thursday to minimize the impact of the president's comment.

businessNews reuters.com

RBS CEO says chance of U.S. settlement this year diminishing: Bloomberg

LONDON (Reuters) - Royal Bank of Scotland's chances of reaching a settlement this year with the U.S. Department of Justice over its mis-selling of toxic mortgage-backed securities are "diminishing", its chief executive said in a Bloomberg TV interview.

companyNews reuters.com

CEE MARKETS-Forint touches new 2017 low after Nov inflation data

BUDAPEST, Dec 8 (Reuters) - Hungary's forint touched its lowest level for the year on Friday after November inflation data signalled no imminent change to maintaining the central bank's ultra-loose monetary policy stance. At 0918 GMT, the forint was a touch weaker on the day, rebounding from a 2017 low of 315.18 versus the euro. Hovering around the key 315 line, the forint has extended its losses for the year and is underperforming both the Polish zloty and the Czech crown . Anal

businessNews reuters.com

Sterling hits six-month high, stocks up as Brexit deal adds to Asian cheer

LONDON (Reuters) - A breakthrough in Brexit negotiations pushed sterling to a six-month high against the euro on Friday and added momentum to an upswing in world stocks underpinned by strong economic news from China and Japan.

companyNews reuters.com

GLOBAL MARKETS-Sterling hits 6-month high, stocks up as Brexit deal adds to Asian cheer

* European stocks surge 0.9 pct, following Asian stocks higher

businessNews reuters.com

Toshiba, Western Digital aiming to settle chip dispute next week: sources

TOKYO (Reuters) - Toshiba Corp and Western Digital Corp have agreed in principle to settle a dispute over the Japanese firm's plans to sell its $18 billion chip unit and aim to have a final agreement in place next week, sources familiar with the matter said.

businessNews reuters.com

Asia cheers China trade boost, bitcoin comes off heady heights

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

companyNews reuters.com

GLOBAL MARKETS-Asia cheers China trade boost, bitcoin comes off heady heights

* Sterling twitchy as EU and UK makes breakthrough on border talk

businessNews reuters.com

Volkswagen recalls 30,777 cars in Russia: standards agency

MOSCOW (Reuters) - Russia's standards agency Rosstandart said on Friday it had been informed about the recall of 30,777 Volkswagen Polo cars sold in Russia in 2015-2017.

businessNews reuters.com

Kobe Steel's copper plant loses JIS certification - government

TOKYO (Reuters) - Japanese Industrial Standards (JIS) certification for copper and copper alloy seamless pipes produced by Kobe Steel Ltd's unit Shinko Metal Products has been suspended, the nation's trade ministry said on Friday.

businessNews reuters.com

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

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

businessNews reuters.com

Asia cheers China trade boost, bitcoin shoots for the stars

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations and investors marveled at the meteoric ascent of bitcoin, the market's new crypto-star.

companyNews reuters.com

GLOBAL MARKETS-Asia cheers China trade boost, bitcoin shoots for the stars

SYDNEY, Dec 8 (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations and investors marvelled at the meteoric ascent of bitcoin, the market's new crypto-star.

Politics and Government nytimes.com

Erdogan, on Landmark Visit to Greece, Sets Diplomacy Aside

President Recep Tayyip Erdogan quickly deflated hopes for improved ties during the first official trip to the country by a Turkish head of state in 65 years.

businessNews reuters.com

Toshiba, Western Digital agree in principle to settle chip dispute: sources

TOKYO (Reuters) - Toshiba Corp and business partner Western Digital Corp have agreed in principle to settle a dispute over the embattled Japanese conglomerate's plans to sell its $18 billion chip unit, sources with direct knowledge of the talks said.

businessNews reuters.com

Asia gets China trade boost, bitcoin shoots for the stars

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations, and investors marveled at the meteoric ascent of the market's new crypto-star, bitcoin.

businessNews reuters.com

HSBC beefs up Asia research team with 15 new hires in China

HONG KONG (Reuters) - HSBC said on Friday that it had expanded its Asian research team by hiring 15 analysts following the launch of HSBC Qianhai Securities, the first Chinese securities joint venture to be majority-owned by a foreign bank.

companyNews reuters.com

GLOBAL MARKETS-Asia gets China trade boost, bitcoin shoots for the stars

SYDNEY, Dec 8 (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations, and investors marvelled at the meteoric ascent of the market's new crypto-star, bitcoin.

businessNews reuters.com

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

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

businessNews reuters.com

JPMorgan's Dimon taking customer pricing hints from Amazon

NEW YORK (Reuters) - JPMorgan Chase & Co expects to offer more price discounts to its banking customers who buy multiple products, similar to the way Amazon.com gives extras to its Prime subscribers, chief executive Jamie Dimon said on Thursday.

businessNews reuters.com

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

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

businessNews reuters.com

Japanese shares rally, bitcoin shoots for the moon

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as investors awaited major economic data from China and the United States while marveling at the meteoric ascent of the market's new crypto-star, bitcoin.

companyNews reuters.com

GLOBAL MARKETS-Japanese shares rally, bitcoin shoots for the moon

SYDNEY, Dec 8 (Reuters) - Asian shares rallied for a second session on Friday as investors awaited major economic data from China and the United States while marvelling at the meteoric ascent of the market's new crypto-star, bitcoin.

businessNews reuters.com

Oracle's Safra Catz among two new members named to Disney board

(Reuters) - Media company Walt Disney Co on Thursday named Oracle Corp's chief executive, Safra Catz, and her counterpart at Illumina Inc , Francis A. deSouza, to its board.

businessNews reuters.com

Alibaba redraws retail fault lines with bricks-and-mortar push

HANGZHOU, China (Reuters) - In a small village shop near the eastern Chinese city of Hangzhou, store owner Lu Qiwei uses his smartphone to place orders to refill stocks of instant noodles, rice and drinks.

businessNews reuters.com

Hilton says tax cut would finance share buybacks

NEW YORK (Reuters) - Hilton Worldwide Holdings Inc would use the windfall from a lower U.S. corporate tax rate to finance share buybacks from investors, company executives said, highlighting how corporate savings would be spent under the Republican tax plan.

domesticNews reuters.com

Indiana police officer reinstated after 'white male privilege' remark

(Reuters) - A female Indiana police officer suspended after calling out a fellow officer for "white male privilege" during a transgender awareness training session was reinstated on Thursday.

politicsNews reuters.com

Aide tries to refocus U.S. tax debate after Trump's corporate rate remark

WASHINGTON (Reuters) - President Donald Trump's weekend remark about a scaled-back tax cut for corporations sparked behind-the-scenes debate in the U.S. Congress, with a White House aide trying on Thursday to minimize the impact of the president's comment.

businessNews reuters.com

Goldman Sachs to clear bitcoin futures: spokeswoman

NEW YORK (Reuters) - Goldman Sachs Group Inc. is planning to clear bitcoin futures for some clients as the new contracts go live on exchanges in the coming days, a spokeswoman for the bank said on Thursday.

businessNews reuters.com

Wall Street rising: Facebook, Alphabet, Lululemon gain

(Reuters) - Wall Street rose on Thursday, buoyed by popular technology companies including Facebook and Alphabet, while shares of yoga pants seller Lululemon Athletica also worked up a sweat.

businessNews reuters.com

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

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

businessNews reuters.com

AT&T/Time Warner antitrust trial set for March

WASHINGTON (Reuters) - The trial to determine if the U.S. Department of Justice can stop AT&T Inc's $85 billion purchase of media company Time Warner Inc will begin on March 19, a federal judge in Washington said during a hearing on Thursday.

businessNews reuters.com

Exclusive: Wells Fargo sanctions are on ice under Trump official - sources

WASHINGTON (Reuters) - The new acting head of the U.S. consumer finance watchdog is reviewing whether Wells Fargo & Co should pay tens of millions of dollars over alleged mortgage lending abuse, according to three sources familiar with the dispute.

businessNews reuters.com

Exclusive: Uber's Chinese rival Didi Chuxing to enter Mexico next year - sources

MEXICO CITY/SAN FRANCISCO (Reuters) - Didi Chuxing, China's ride-hailing behemoth, plans to expand into Mexico next year, intensifying its global rivalry with Uber, according to two sources familiar with the plans.

Suicides and Suicide Attempts nytimes.com

Sifting Through a Life After Suicide

In a documentary, a filmmaker sorts through the items her sister left behind to try to make sense of her life, and her death.

businessNews reuters.com

Wall Street rising: Facebook, Alphabet gain

(Reuters) - Wall Street rose on Thursday, buoyed by popular technology companies including Facebook and Alphabet, while shares of yoga pants seller Lululemon Athletica also warmed up.

businessNews reuters.com

Morgan Stanley fires former lawmaker for misconduct

NEW YORK (Reuters) - Morgan Stanley has fired former U.S. Democratic lawmaker Harold Ford, Jr., a managing director at the Wall Street bank, for inappropriate conduct, a spokeswoman said on Thursday.

companyNews reuters.com

GLOBAL MARKETS-Stocks gain as risk appetite returns; oil rebounds

* Bitcoin tops $15,000, continues surge (Updates with afternoon trading)

businessNews reuters.com

LendingClub shares take a hit from disappointing forecast

(Reuters) - Shares of LendingClub Corp hit a record low on Thursday after the online lender raised its loss estimate and cut its revenue forecast for the fourth quarter.

businessNews reuters.com

Wall Street higher as technology stocks gain ground

(Reuters) - U.S. stocks edged higher in early afternoon trading on Thursday as popular technology stocks gained a firm footing after a bout of selloff and industrial stocks rose.

businessNews reuters.com

New York pension fund seeks more pay disclosure from Wells Fargo

(Reuters) - New York state Comptroller Thomas DiNapoli is asking Wells Fargo & Co to disclose more information about employee incentive pay, an issue that was at the heart of a scandal that has roiled the third-largest U.S. lender for more than a year.

cnn.com

Margot Robbie earns high marks in 'I, Tonya'

"I, Tonya" announces up front that it's based on "irony free, wildly contradictory" interviews with the participants, yielding a darkly satiric comedy with the tenor of a Coen brothers movie. Elevated by Margot Robbie and Allison Janney's shimmering performances, this entertaining account of those strange events earns the sort of high marks for creative interpretation that its protagonist complained eluded her.

businessNews reuters.com

Honeywell to buy 25 percent of Chinese supply chain software firm

(Reuters) - Industrial conglomerate Honeywell will take a 25 percent stake in Chinese software provider Flux Information Technology, placing a long-term bet on China's rapidly growing logistics industry.

businessNews reuters.com

Uber's license suspended in British city of Sheffield

LONDON (Reuters) - Uber's license to operate in the northern English city of Sheffield was suspended last Friday after it failed to respond to requests about the management of its taxi app, the local authority said.

technologyNews reuters.com

Blockchain network IOTA teams up with Microsoft, others on data marketplace

NEW YORK (Reuters) - (In this version of the Nov. 28 story IOTA corrects partners in the project to remove reference to Cisco in headline and first paragraph and Huawei in fifth paragraph, include Microsoft in headline and text. IOTA clarified that the error was due to the fact that it co-founded the Trusted IoT Alliance with Cisco.)

companyNews reuters.com

GLOBAL MARKETS-Stocks gain, dollar hits two-week high as risk appetite returns

* Bitcoin tops $15,000, continues surge (Updates with open of U.S. markets; changes dateline from London)

businessNews reuters.com

Ford to test new self-driving vehicle technology in 2018

DETROIT (Reuters) - Ford Motor Co will begin testing its latest self-driving vehicle technology next year in at least one city but has not changed its plan to begin commercial production until 2021, the company said.

businessNews reuters.com

Budweiser maker Anheuser-Busch reserves 40 Tesla electric trucks

(Reuters) - Budweiser beer maker Anheuser-Busch has reserved 40 of Tesla Inc's all-electric Semi trucks as it seeks to reduce fuel costs and vehicle emissions, the brewer said on Thursday.

businessNews reuters.com

Technology stocks lead Wall Street's rise

(Reuters) - The three major U.S. indexes rose in late morning trading on Thursday with stocks of technology companies leading the pack, followed by industrials.

domesticNews reuters.com

Indiana officer suspended for 'white male privilege' remark to learn fate

(Reuters) - A female Indiana police officer suspended after calling out a fellow officer for "white male privilege" during a transgender awareness training session may learn her job status on Thursday.

companyNews reuters.com

CORRECTED (OFFICIAL)-Blockchain network IOTA teams up with Microsoft, others on data marketplace

NEW YORK, Nov 28 (Reuters) - IOTA, an open-source blockchain network, has teamed up with some of the biggest global corporate names led by Microsoft, Volkswagen and Samsung Group to launch what is aimed to be a secure marketplace for data, IOTA co-founder David Sønstebø said on Tuesday.

businessNews reuters.com

Key to Pandora's turnaround: a better advertising platform

(Reuters) - Kevin Kleinman, a trader at Watchhimtrade.com, listens to music on Pandora every morning as he executes trades worth millions of dollars. But he will not bet a dime on the music streaming company.

businessNews reuters.com

Tech gains lift Nasdaq; consumer stocks weigh on S&P, Dow

(Reuters) - Gains in technology stocks helped lift the Nasdaq on Thursday, while the S&P 500 and the Dow were weighed down by losses in consumer stocks.

businessNews reuters.com

Broadcom helps lift Nasdaq; S&P, Dow slip

(Reuters) - Gains in chipmaker Broadcom and yogawear maker Lululemon helped lift the Nasdaq at the open on Thursday, while the S&P 500 and the Dow were slightly lower.

businessNews reuters.com

Bitcoin surges above $15,000 after climbing $2,000 in 12 hours

LONDON (Reuters) - Bitcoin rocketed above $15,000 for the first time on Thursday, after adding more than $2,000 to its price in fewer than 12 hours.

businessNews reuters.com

Apple suppliers gain after Broadcom hint on iPhone

(Reuters) - Shares in Skyworks Solutions Inc , Cirrus Logic Inc , and Qorvo Inc traded higher on Thursday after fellow Apple supplier Broadcom Ltd hinted the late launch of iPhone X would help revenue rise.

businessNews reuters.com

Budweiser maker Anheuser-Busch reserves 40 Tesla electric trucks: WSJ

(Reuters) - Anheuser-Busch, which makes Budweiser beers, has reserved 40 of Tesla Inc's all-electric Semi trucks as it seeks to reduce fuel costs and vehicle emissions, the Wall Street Journal reported on Thursday.

companyNews reuters.com

EMERGING MARKETS-Brazil markets slump as pension reform odds fade

By Bruno Federowski SAO PAULO, Dec 7 (Reuters) - Brazilian markets plummeted on Thursday after President Michel Temer's administration failed to gather enough support from lawmakers to put a pension overhaul plan to a vote. A senior lawmaker said on Wednesday that the government's coalition expected to have enough votes later that day to pass the bill, which investors see as crucial to curbing public debt. But a failure to do so led policymakers to put off a decision, originally

businessNews reuters.com

Steinhoff scandal knocks $12 billion off value in blow to tycoon Wiese

JOHANNESBURG/BERLIN (Reuters) - Shocked Steinhoff shareholders have wiped more than $12 billion off its value since it revealed "accounting irregularities" and parted ways with its chief executive, in a dramatic fall from grace for the South African retailer.

lifestyleMolt reuters.com

Breast milk and soot mark Turkey's fading beauty

KIZILTEPPE, Turkey (Reuters) - When Ayse Yusufoglu was a girl, she and her friends in southeast Turkey tried to win the hearts of young men in their village using breast milk and soot.

worldNews reuters.com

Bosnian suspected of plotting Christmas market attack in Austria's Graz

VIENNA (Reuters) - A 25-year-old Bosnian man has been arrested in the Austrian city of Graz on suspicion of planning an attack on its Christmas market, police said on Thursday.

companyNews reuters.com

BRIEF-Ingles Markets Q4 Sales $1.09 Bln Versus $962.4 Mln

* INGLES MARKETS, INCORPORATED REPORTS FISCAL 2017 SALES TOP $4 BILLION

businessNews reuters.com

Czech Travel Service says signs deal for additional nine Boeing 737 MAX planes

PRAGUE (Reuters) - Czech airline Travel Service said on Thursday it had signed an order for nine additional Boeing 737 MAX planes for its fleet in November, increasing its total order book for the model to 39 planes.

companyNews reuters.com

GLOBAL MARKETS-Dollar hits two-week high, world shares climb as risk appetite returns

LONDON, Dec 7 (Reuters) - The dollar rose to its highest level in two weeks on Thursday and world shares rebounded amid a broader recovery in global risk sentiment.

businessNews reuters.com

Stock futures sluggish; eyes on tax bill talks and General Electric

(Reuters) - U.S. stock futures pointed to a dull opening on Thursday with technology stocks holding on to their modest gains as traders focus on progress in tax bill negotiations and General Electric's job-cut plan.

businessNews reuters.com

General Electric to cut 12,000 jobs in power business revamp

ZURICH (Reuters) - General Electric Co announced on Thursday it was axing 12,000 jobs at its global power business as the struggling industrial conglomerate responds to dwindling demand for fossil fuel power plants.

businessNews reuters.com

German SPD leader takes aim at U.S. tech giants

BERLIN (Reuters) - The leader of Germany's Social Democrats (SPD) took aim at U.S. technology firms Apple, Facebook and Google on Thursday, saying a strong Europe was needed to make sure they stick to the rules.

businessNews reuters.com

GE to cut 12,000 jobs in power business: Bloomberg

(Reuters) - General Electric Co is planning to cut 12,000 jobs in its power business, Bloomberg reported on Thursday, citing a person familiar with the matter.

businessNews reuters.com

ExxonMobil, Chevron, Shell paid no tax in Australia for 2016

MELBOURNE (Reuters) - Exxon Mobil Corp and Chevron Corp paid no tax in Australia in the 2016 financial year, the third year in a row, despite reporting billions of dollars in income from operations in the country, a report from the tax office showed on Thursday.

companyNews reuters.com

Kiwi.com shareholders test market for possible sale

PRAGUE, Dec 7 (Reuters) - Shareholders in Kiwi.com are considering selling up to a majority stake in the Czech online travel agency, with a deal possible within months, one of the main owners said on Thursday.

businessNews reuters.com

AT&T/Time Warner antitrust hearing to focus on trial date

WASHINGTON (Reuters) - The U.S. Department of Justice and AT&T Inc will meet in court for the first time on Thursday as the antitrust regulator attempts to stop the U.S. No. 2 wireless company's $85 billion purchase of media company Time Warner Inc .

businessNews reuters.com

GE proposes to cut 1,600 jobs in Germany

BERLIN (Reuters) - General Electric said it plans to cut around 1,600 jobs in Germany as it shrinks its troubled power generation business.

businessNews reuters.com

Toymaker Lego wins Chinese copyright case against brick imitators

COPENHAGEN (Reuters) - Lego has won a landmark case in China against two companies that manufactured and sold toys almost identical to its LEGO Friends range but branded Bela, the Danish toymaker said.

businessNews reuters.com

Soros-backed GlenPoint opens New York office, co-founder to relocate

LONDON (Reuters) - London-based hedge fund manager Glen Point Capital, which raised cash from billionaire George Soros, has opened an office in New York, three sources with direct knowledge of the matter said.

businessNews reuters.com

Dollar hits two-week high on U.S. tax reform optimism, world shares climb

LONDON (Reuters) - The dollar rose to its highest level in two weeks on Thursday over optimism the United States would successfully push through tax reforms, while world shares rebounded after two straight days of losses.

cnn.com

The President's decision on Jerusalem is the latest instance of honoring bumper-sticker vows to supporters

companyNews reuters.com

GLOBAL MARKETS-Dollar hits 2-week high on U.S. tax reform optimism, world shares climb

LONDON, Dec 7 (Reuters) - The dollar rose to its highest level in two weeks on Thursday over optimism the United States would successfully push through tax reforms, while world shares rebounded after two straight days of losses.

businessNews reuters.com

Alibaba, Ford to cooperate in search for new retail opportunities

BEIJING/SHANGHAI (Reuters) - Alibaba Group Holding Ltd has signed a deal with Ford Motor Co to explore cooperation in areas such as cloud computing, connectivity and retail which could involve the sale of Ford cars on Alibaba's online retail platform Tmall.

companyNews reuters.com

UPDATE 1-Telecoms group Orange aims to boost profit margins through to 2020 via networks investments

* Strategy contrasts with that of rival Altice (Recasts story, adds detail, background)

businessNews reuters.com

Alibaba to cooperate with Ford Motor for new retail opportunities

BEIJING (Reuters) - China's e-commerce giant Alibaba said on Thursday it signed an agreement with Ford Motor on strategic cooperation to jointly explore areas such as connectivity, cloud computing and artificial intelligence.

businessNews reuters.com

Asia shares creep above 2-month lows, but growth, U.S. policy risks weigh

TOKYO (Reuters) - Asian shares hovered above two-month lows on Thursday as some high-tech bellwethers bounced back after a searing sell-off although softer oil and copper prices and uncertainty over U.S. policy kept many investors cautious.

companyNews reuters.com

GLOBAL MARKETS-Asia shares creep above 2-mth lows, but growth, US policy risks weigh

TOKYO, Dec 7 (Reuters) - Asian shares hovered above two-month lows on Thursday as some high-tech bellwethers bounced back after a searing sell-off although softer oil and copper prices and uncertainty over U.S. policy kept many investors cautious.

businessNews reuters.com

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

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

businessNews reuters.com

Sharp to seek all-Japan OLED alliance to counter South Korea's Samsung, LG

TOKYO (Reuters) - Japan's Sharp Corp will ask the government to help it form an alliance with rival Japan Display Inc in OLED technology to better compete with South Korean makers, its chief executive said on Thursday.