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Dow tops 24,000 as tax bill garners crucial support

businessNews reuters.com

(Reuters) - The Dow Jones Industrial Average broke the 24,000 mark for the first time on Thursday and other Wall Street indexes rallied on strong indications that President Donald Trump's tax-cut plan may get enough support to pass. [Source]

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businessNews reuters.com

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

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

companyNews reuters.com

GLOBAL MARKETS-Asian shares slip, US tax reform woes dent sentiment

TOKYO, Dec 15 (Reuters) - Asian shares erased earlier modest gains on Friday with sentiment dented by Wall Street's weakness on concerns about the progress of U.S. tax reform, though regional stocks remain on track for a weekly rise.

businessNews reuters.com

Oil prices rise on North Sea pipeline outage, but rising U.S. output looms

SINGAPORE (Reuters) - Oil prices moved up on Friday, lifted by the Forties pipeline outage in the North Sea and ongoing OPEC-led production cuts, although rising output from the United States kept a lid on markets.

businessNews reuters.com

Airbus confirms management shake-up

PARIS (Reuters) - Airbus confirmed a top management shake-up on Friday, following weeks of turmoil at the European planemaker.

businessNews reuters.com

Paralysis at PDVSA: Venezuela's oil purge cripples company

CARACAS/HOUSTON (Reuters) - Decisions at some joint ventures with foreign firms are delayed. A growing number of oil tankers sit idle because no one authorizes payments. Employees struggle to get approval for routine expenses, from taxis to training.

businessNews reuters.com

Oil prices stable on tighter market, but rising US output looms for 2018

SINGAPORE (Reuters) - Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and ongoing OPEC-led production cuts supported prices, while rising output from the United States kept crude from rising further.

businessNews reuters.com

Asian shares slip, U.S. tax reform woes dent sentiment

TOKYO (Reuters) - Asian shares erased earlier modest gains on Friday but were still on track for a weekly rise, as sentiment was hurt by Wall Street's weakness on concerns about the progress of U.S. tax reform.

companyNews reuters.com

GLOBAL MARKETS-Asian shares slip, U.S. tax reform woes dent sentiment

TOKYO, Dec 15 (Reuters) - Asian shares erased earlier modest gains on Friday but were still on track for a weekly rise, as sentiment was hurt by Wall Street's weakness on concerns about the progress of U.S. tax reform.

cnn.com

Albright: It's time for Congress to override Trump's foreign policy powers

It is an Article 1 moment, write Madeleine Albright and David E. Price. With the President consistently falling short of the mature judgement and discerning decision-making required of the leader of the free world, Congress has no choice but to respond and compensate.

Charlottesville, Va, Violence (August, 2017) nytimes.com

White Nationalist Now Faces First-Degree Murder in Charlottesville Killing

Prosecutors increased the top charge against James Fields Jr., who is accused of driving his car into counterprotesters, killing Heather Heyer

cnn.com

Driver who rammed crowd in Charlottesville now faces first-degree murder charge

An Ohio driver accused of plowing into a crowd protesting a white nationalist rally in Charlottesville, Virginia, this summer, killing one woman, now faces a first-degree murder charge.

politicsNews reuters.com

Factbox: Trump on Twitter (December 14) - Stock market, federal regulations

The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS.

businessNews reuters.com

Oil stable on tighter market, but rising US output looms for 2018

SINGAPORE (Reuters) - Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and the ongoing OPEC-led production cuts supported prices, while rising output from the United States kept crude from rising further.

businessNews reuters.com

Asian shares edge up, on track for weekly gain

TOKYO (Reuters) - Asian shares edged higher on Friday, on track for weekly gains, though sentiment was kept in check by Wall Street's weakness on concerns about the progress of U.S. tax reform.

companyNews reuters.com

GLOBAL MARKETS-Asian shares edge up, on track for weekly gain

TOKYO, Dec 15 (Reuters) - Asian shares edged higher on Friday, on track for weekly gains, though sentiment was kept in check by Wall Street's weakness on concerns about the progress of U.S. tax reform.

worldNews reuters.com

Peru's Kuczynski loses support of inner circle: sources

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

companyNews reuters.com

BRIEF-‍Innergex Obtains Support From Alterra's Shareholders​

* ‍SPECIAL RESOLUTION WAS APPROVED BY 99.89% OF 32,994,488 VOTES CAST BY ALTERRA SHAREHOLDERS​ Source text for Eikon: Further company coverage:

companyNews reuters.com

Missouri issues first fines over misuse of farm chemical in 2016

CHICAGO, Dec 14 (Reuters) - Missouri has issued its first fines over the misuse of a farm chemical in 2016 that went on to be linked in different formulations to widespread U.S. crop damage this year, the state said on Thursday.

companyNews reuters.com

EMERGING MARKETS-Brazil real sinks to 6-month low as pension vote delayed

(Updates prices) By Bruno Federowski SAO PAULO, Dec 14 (Reuters) - Brazil's real on Thursday sank to a nearly six-month low after lawmakers delayed a vote on a bill to cut social security benefits that is seen as a key measure to rein in the deficit. Mexico's peso sank nearly 0.8 percent, only briefly paring losses after the country's central bank raised interest rates, while Chile's peso gained more than 1 percent to a two-week high, helped by rising prices for copper, the country'

Great Britain Withdrawal from EU (Brexit) nytimes.com

Theresa May, Once a ‘Dead Woman Walking,’ Reaches a First Finish Line

Mocked for months as weak and robotic, the British prime minister has earned sympathy in Brussels — and some respite at home — by doggedly carrying on.

businessNews reuters.com

More efficient SUVs a factor in product strategy: Ford CEO

DETROIT (Reuters) - Ford Chief Executive Jim Hackett said on Thursday the automaker is reviewing its product portfolio as consumers show a preference for sport utility vehicles that have fuel efficiencies closer to sedans.

domesticNews reuters.com

White nationalist charged with first-degree murder in Virginia car killing: media

(Reuters) - A white nationalist accused of killing a 32-year old woman when he plowed his car into a crowd of counter protesters in Charlottesville, Virginia, in August, was charged with first-degree murder on Thursday, local media reported.

businessNews reuters.com

Airbus planemaking chief Bregier to leave in February: sources

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

companyNews reuters.com

CORRECTED-UPDATE 10-Oil prices up on pipeline outage support

* IEA joins OPEC, EIA, raises forecast for U.S. 2018 output growth

businessNews reuters.com

Uber investor departs venture firm amid harassment claims

SAN FRANCISCO (Reuters) - Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc, said on Thursday that he would sever ties with his venture capital company, Sherpa Capital, after being accused of sexual misconduct.

businessNews reuters.com

Ford to move autonomous vehicle business to Detroit

(Reuters) - Ford Motor Co said on Thursday it would relocate its autonomous and electric vehicle units to Detroit from Dearborn, Michigan.

businessNews reuters.com

Murdoch bets live sports and news will boost new, smaller Fox

NEW YORK (Reuters) - Rupert Murdoch is banking on Americans' love of live sports and breaking news for a new, slimmed down version of his Fox TV business after selling the company's film studios and international operations to Walt Disney Co .

businessNews reuters.com

Wall St falls as investors fret about tax bill passage

NEW YORK (Reuters) - Major U.S. stock indexes fell on Thursday, with the S&P 500 down the most in a month, as investor worries over potential roadblocks to the Republicans' tax overhaul more than offset optimism over strong retail sales data.

domesticNews reuters.com

Nephews of Venezuela's first lady sentenced to 18 years in U.S. drug case

(Reuters) - Two nephews of Venezuela’s first lady were sentenced to 18 years in prison on Thursday following their convictions in New York on drug trafficking charges.

businessNews reuters.com

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

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

businessNews reuters.com

Wiese resigns as Steinhoff chairman in wake of accounting scandal

BERLIN/JOHANNESBURG (Reuters) - South African tycoon Christo Wiese resigned on Thursday as chairman of Steinhoff , the latest setback for the retail group in the throes of an accounting scandal.

domesticNews reuters.com

Leadership of New York Times passes to next-generation Sulzberger

NEW YORK (Reuters) - The New York Times on Thursday named a new publisher in 37-year-old A.G. Sulzberger, a fifth-generation descendant of Times leaders whose internal report on innovation has guided a newspaper known as "The Gray Lady" into the digital era.

companyNews reuters.com

UPDATE 2-Leadership of New York Times passes to next-generation Sulzberger

NEW YORK, Dec 14 (Reuters) - The New York Times on Thursday named a new publisher in 37-year-old A.G. Sulzberger, a fifth-generation descendant of Times leaders whose internal report on innovation has guided a newspaper known as "The Gray Lady" into the digital era.

Art nytimes.com

In a Time of Violence, Artists Probe Its Costs

Carrie Mae Weems, Theaster Gates, Lynn Nottage and other artists, poets and writers devote a day to exploring power in its various forms at the Park Avenue Armory.

businessNews reuters.com

Wall Street falls as investors fret about tax bill passage

(Reuters) - The S&P 500 and the Dow were lower on Thursday as investors worried about potential roadblocks to Republicans' tax overhaul, offseting their optimism over strong retail sales data.

businessNews reuters.com

Airbus planemaking chief Bregier to step down: sources

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

companyNews reuters.com

Trump supports deal for Disney to acquire Fox film, TV units -White House

WASHINGTON, Dec 14 (Reuters) - The White House said on Thursday that President Donald Trump backs the deal that Walt Disney Co has struck to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc.

worldNews reuters.com

In first, U.S. presents its evidence of Iran weaponry from Yemen

WASHINGTON (Reuters) - The United States on Thursday presented for the first time pieces of what it said were Iranian weapons supplied to the Iran-aligned Houthi militia in Yemen, describing it as conclusive evidence that Tehran was violating U.N. resolutions.

companyNews reuters.com

GLOBAL MARKETS-Global shares little changed after central bank meetings

* U.S. stocks down (Updates to Europe close, adds commentary)

businessNews reuters.com

Court reverses Dell buyout ruling that alarmed dealmakers

WILMINGTON, Del. (Reuters) - Delaware's Supreme Court ruled on Thursday that a lower court erred in finding that the 2013 buyout of computer maker Dell Inc was vastly underpriced, a ruling that had allowed hedge funds to wring extra cash from the deal.

businessNews reuters.com

Steinhoff says Christo Wiese steps down as chairman

BERLIN (Reuters) - Retail group Steinhoff , which is fighting for survival following its disclosure of accounting irregularities, said on Thursday that South African tycoon Christo Wiese has stepped down as chairman.

businessNews reuters.com

Pier 1 Imports slumps 30 percent; holiday optimism disappears

SAN FRANCISCO (Reuters) - Pier 1 Imports Inc's stock lost nearly a third of its value on Thursday and its main competitors' shares also fell after the furniture and home decorations retailer warned the holiday shopping season was not going well.

healthNews reuters.com

Germany's Merck to make new bid to enter U.S. MS pill market

FRANKFURT (Reuters) - Germany's Merck KGaA is reviving plans to bring an oral multiple sclerosis (MS) treatment to the U.S. market, hoping for blockbuster sales despite regulators' concerns about side effects having frustrated its ambitions almost seven years ago.

companyNews reuters.com

UPDATE 1-Germany's Merck to make new bid to enter U.S. MS pill market

* Unit head Garijo says targeting most severely affected patients

businessNews reuters.com

S&P, Dow flat as healthcare losses offset by tech, media gains

(Reuters) - The S&P 500 and the Dow were trading flat in early afternoon on Thursday as losses in healthcare stocks such as Johnson & Johnson were offset by gains in shares of technology and consumer discretionary companies.

businessNews reuters.com

Sulzberger Jr to retire as NYT publisher by end of December

(Reuters) - Arthur Sulzberger Jr. will retire as publisher of the New York Times by the end of December and will be replaced by his son A.G. Sulzberger, the New York Times Co said on Thursday.

Doctors Without Borders nytimes.com

At Least 6,700 Rohingya Died in First Month of Myanmar Crackdown, Aid Group Says

The aid group, the medical charity Doctors Without Borders, said the figure was almost certainly an underestimate.

worldNews reuters.com

In first, U.S. presents its evidence of Iranian weaponry from Yemen

WASHINGTON (Reuters) - The United States on Thursday presented for the first time pieces of what it said were Iranian weapons supplied to the Iran-aligned Houthi militia in Yemen, describing it as conclusive evidence that Tehran was violating U.N. resolutions.

companyNews reuters.com

EMERGING MARKETS-Brazil currency touches 7-month low as pension vote delayed

By Bruno Federowski SAO PAULO, Dec 14 (Reuters) - The Brazilian real on Thursday hit a fresh seven-month low after the lower house of Congress delayed to February a vote on a key bill to cut social security benefits. President Michel Temer had said he hoped for a vote by Tuesday, but he has struggled to rally lawmaker support for the unpopular pension cuts, which many investors consider essential to reining in Brazil's surging public debt. Lower House Speaker Rodrigo Maia said th

businessNews reuters.com

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

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

businessNews reuters.com

Delaware court reverses controversial Dell buyout ruling

WILMINGTON, Del (Reuters) - Delaware's Supreme Court ruled on Thursday that a lower court erred in its controversial finding last year that the 2013 buyout of computer maker Dell Inc was vastly underpriced.

businessNews reuters.com

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

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

companyNews reuters.com

GLOBAL MARKETS-World shares little changed amid slate of central bank meetings

* Dollar index up (Updates to U.S. trading open; changes byline, dateline, previously LONDON)

businessNews reuters.com

Renault revives Alpine production with 6,000-car capacity

DIEPPE, France (Reuters) - Renault has invested in plant capacity to build up to 6,000 sports cars annually under the revived Alpine brand, the company said on Thursday, as it formally opened the new production line in Dieppe, northern France.

businessNews reuters.com

Wall Street higher on optimism over tax bill, Fed's economic outlook

(Reuters) - Wall Street indexes hovered around record levels on Thursday, perked up by the Federal Reserve's upbeat view on the economy and news that the Republicans' tax code overhaul is set to face final votes in Congress before the year-end.

Evangelical Movement nytimes.com

Has Support for Moore Stained Evangelicals? Some Are Worried

Reflexive backing of divisive, scandal-plagued figures like Roy S. Moore, the Alabama Senate candidate, is hurting their movement’s image, some evangelical Christians say.

Sulzberger, A G nytimes.com

A.G. Sulzberger, 37, Is Named Next Publisher of The New York Times

In a move that will go into effect Jan. 1, he will replace his father, Arthur Sulzberger Jr., who served as publisher for 25 years.

companyNews reuters.com

BRIEF-New York Times says Publisher Arthur Sulzberger Jr. Will Retire On Dec 31

* NEW YORK TIMES CO - ARTHUR O. SULZBERGER, JR. WILL RETIRE AS PUBLISHER ON DECEMBER 31, 2017​

companyNews reuters.com

UPDATE 2-Lebanon gives go-ahead to first offshore energy exploration

* Sovereign wealth fund, NOC laws not yet passed (Adds PIX, TV, adds energy minister and NGO comments)

Social Media nytimes.com

Five Times the Internet Was Actually Fun in 2017

The dad on BBC, the kid with a knife and an anguished cameraman were among the internet’s most joyful and relatable moments of the year.

businessNews reuters.com

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

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

businessNews reuters.com

Wall Street climbs as tax reform enters last lap

(Reuters) - U.S. stocks climbed higher on Thursday, boosted by gains in technology and banking shares and aided by news that the Republicans' tax code overhaul should face final votes in Congress before the year-end.

companyNews reuters.com

BRIEF-FirstEnergy to Build Advanced Energy Center in Akron

* FIRSTENERGY SAYS IS SEEKING PERMITS TO BUILD THE CENTER FOR ADVANCED ENERGY TECHNOLOGY, AN 88,000 SQUARE-FOOT FACILITY IN AKRON, OHIO

businessNews reuters.com

Volkswagen says some employees cooperated with Brazil's military regime

FRANKFURT (Reuters) - Volkswagen said on Thursday that a historian commissioned by the carmaker found that some of the security staff at Volkswagen do Brasil had cooperated with the country's former military regime.

businessNews reuters.com

Wall Street opens higher as bank stocks gain

(Reuters) - Wall Street opened higher on Thursday, aided by gains in bank stocks and on news that the Republicans' tax overhaul plan was headed for final votes in Congress before the year-end.

businessNews reuters.com

Record number of Americans to travel during Christmas holiday: AAA

NEW YORK (Reuters) - U.S. travelers will hit the roads, rails and skies this Christmas holiday in their largest numbers on record, lured by cheap plane tickets and a growing economy, the nation's largest motor advocacy group said on Thursday.

businessNews reuters.com

Delta Air Lines to place order for Airbus jets

NEW YORK (Reuters) - Delta Air Lines said on Thursday it will place a firm order for 100 Airbus A321neo jets and an optional order for 100 of the aircraft. Delta, the No. 2 U.S. airline by passenger traffic, said in a filing with the U.S. Securities and Exchange Commission that it expects deliveries to begin in the first quarter of 2020, with new aircraft arriving through 2023.

businessNews reuters.com

Global stocks edge up amid central bank bonanza

LONDON (Reuters) - World shares eked out modest gains on Thursday as cautious comments on inflation from the U.S. Federal Reserve gave investors pause on a day packed with central bank decisions in Europe.

cnn.com

Putin says Trump can claim 'fairly serious achievements' in first year

Russian President Vladimir Putin said Thursday that his US counterpart Donald Trump had made some "fairly serious achievements" since he took office and derided what he called the "espionage mania" surrounding meetings held by Trump associates with Russian officials.

companyNews reuters.com

BRIEF-Oncosec Announces Dosing Of First Patient In Registration-Directed Phase 2B Clinical Trial

* ONCOSEC ANNOUNCES DOSING OF FIRST PATIENT IN REGISTRATION-DIRECTED PHASE 2B CLINICAL TRIAL, PISCES/KEYNOTE-695, OF IMMUNOPULSE® IL-12 IN COMBINATION WITH PEMBROLIZUMAB Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

businessNews reuters.com

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

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

technologyNews reuters.com

Denmark considers using cryptocurrencies for humanitarian aid

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

businessNews reuters.com

Stock futures up, eyes on Disney-Fox deal, bank stocks

(Reuters) - Wall Street was set for a slightly higher open on Thursday as traders focused on a $52.4 billion stock deal between Walt Disney and Twenty-First Century Fox and gains in shares of big banks.

businessNews reuters.com

Teva Pharm to lay off a quarter of workforce, suspends dividend

TEL AVIV (Reuters) - Teva Pharmaceutical Industries will cut its workforce by more than a quarter, give up many of its manufacturing plants and suspend its dividend on ordinary shares in a much-anticipated overhaul to help pay back its massive debt.

companyNews reuters.com

METALS-Copper near two-week high, China data supports

* GRAPHIC-2017 asset returns: http://tmsnrt.rs/2jvdmXl (Recasts, updates prices, changes dateline, adds details/quote)

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Siemens CEO sees group as 'fleet of ships': Manager Magazin

MUNICH (Reuters) - Siemens' chief executive sees the German group as a "fleet of ships", each thriving under its own steam, but rejects the idea of separate listings for its core factory-automation and energy businesses, he told Manager Magazin.

businessNews reuters.com

Norwegian Air ramps up transatlantic fare war with four new routes

NEW YORK (Reuters) - Norwegian Air Shuttle ASA will start flying four new routes between the United States and Europe, the budget carrier said on Thursday, rapidly expanding its low-cost transatlantic flights and increasing pressure on established carriers.

businessNews reuters.com

Investors call on Sanderson, Denny's, McDonald's to cut antibiotics

(Reuters) - An investor coalition that presses for corporate responsibility is calling on U.S. food companies McDonald's Corp, Denny's Corp and Sanderson Farms Inc to stop buying or producing meat raised with medically important antibiotics.

businessNews reuters.com

European stocks, euro dip as central banks dominate

LONDON (Reuters) - European shares and the euro dipped on Thursday as cautious comments on inflation from the U.S. Federal Reserve gave investors pause before a series of central bank decisions in Europe.

companyNews reuters.com

GLOBAL MARKETS-European stocks, euro dip as central banks dominate

LONDON, Dec 14 (Reuters) - European shares and the euro dipped on Thursday as cautious comments on inflation from the U.S. Federal Reserve gave investors pause before a series of central bank decisions in Europe.

businessNews reuters.com

UK retailers enjoy bumper Black Friday sales

LONDON (Reuters) - British shoppers pounced on electrical goods and other Black Friday bargains last month, giving an unexpectedly big boost to retail sales, which contrasted with earlier signs of a subdued start to Christmas spending.

companyNews reuters.com

EMERGING MARKETS-With Fed out of way, emerging markets await Turkish cbank

LONDON, Dec 14 (Reuters) - Emerging equities rose to a near two-week high on Thursday after the U.S. Fed delivered a widely-expected rate rise but remained cautious on the inflation outlook, while Turkey's lira slipped before a central bank meeting.

businessNews reuters.com

UK retailers enjoy bumper Black Friday sales: ONS

LONDON (Reuters) - British retail sales grew much faster than expected last month as shoppers took advantage of Black Friday bargains, official figures showed on Thursday, contrasting with more downbeat industry surveys.

companyNews reuters.com

BRIEF-Severfield Says Awarded Landmark Contract For Google's Uk HQ

* HAS BEEN AWARDED A LANDMARK CONTRACT ON RECENTLY ANNOUNCED NEW GOOGLE HEADQUARTERS IN KING'S CROSS, LONDON

businessNews reuters.com

PSA, Toyota lead European car sales gain, helped by extra selling day

BERLIN (Reuters) - European car sales rose 5.8 percent in November, helped by an extra selling day as PSA Group and Toyota posted the strongest gains among the region's major automakers, industry data published on Thursday showed.

businessNews reuters.com

Asia stocks slightly up after Fed move; dollar, U.S. yields sag

TOKYO (Reuters) - Asian stocks generally rose on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike, while its caution on inflation tempered expectations for 2018 tightening, weighing on the dollar and Treasury yields.

companyNews reuters.com

GLOBAL MARKETS-Asia stocks slightly up after Fed move; dollar, US yields sag

TOKYO, Dec 14 (Reuters) - Asian stocks generally rose on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike, while its caution on inflation tempered expectations for 2018 tightening, weighing on the dollar and Treasury yields.

companyNews reuters.com

Nikkei slips, telecom shares slump on Rakuten market entry plan

TOKYO, Dec 14 (Reuters) - Japan's Nikkei share average slipped on Thursday, as banks and insurer shares weakened in line with lower interest rates while telecommunications shares withered on news that online retailer Rakuten plans to enter the mobile carrier market.

businessNews reuters.com

South Korea prosecutors seek four-year jail term for Lotte group chief

SEOUL (Reuters) - South Korea's prosecutors are seeking a four-year jail term for Lotte Group chief Shin Dong-bin, the corporate group's spokesman said by telephone on Thursday.

businessNews reuters.com

Airbus executive says considering cuts to A380 production, still undecided

SINGAPORE (Reuters) - Airbus SE is considering cutting production of its A380 superjumbo to six or seven planes a year, but has made no final decision on the matter, a top executive said on Thursday amid growing question marks over the future of the double-decker jet.

companyNews reuters.com

Nikkei edges down, telecom shares slump as Rakuten mulls market entry

TOKYO, Dec 14 (Reuters) - Japan's Nikkei share average erased earlier modest gains on Thursday to edge down, while telecommunications shares withered on news that online retailer Rakuten is weighing entry into the mobile carrier market.

companyNews reuters.com

GLOBAL MARKETS-Asia stocks edge higher after Fed meeting; dollar, US yields sag

TOKYO, Dec 14 (Reuters) - Asian stocks edged higher on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike but flagged caution about inflation, tempering expectations for future tightening, which weighed on the dollar and Treasury yields.

businessNews reuters.com

Fox's Star to bring Disney cash and cricket in India

(Reuters) - Walt Disney Co's expected deal with Twenty-First Century Fox Inc would give the world's best-known entertainment company new advantages in India, such as cricket rights and local-language TV shows for the fast-growing media market.

companyNews reuters.com

BRIEF-Siyata Mobile Announces Increase Of CDN$1 Mln To Brokered Private Placement

* SIYATA MOBILE ANNOUNCES INCREASE OF CDN$1 MILLION TO BROKERED PRIVATE PLACEMENT RESULTING IN UP TO CDN$4 MILLION IN UNSECURED CONVERTIBLE DEBENTURES

businessNews reuters.com

Asia stocks edge higher after Fed meeting; dollar, U.S. yields sag

TOKYO (Reuters) - Asian stocks edged higher on Thursday after the Federal Reserve delivered a much-anticipated interest rate hike but flagged caution about inflation, tempering expectations for future tightening, which weighed on the dollar and Treasury yields.

Women and Girls nytimes.com

Alabama Women ‘Make a Stand’ in First Election of the #MeToo Era

Black women were critical to Doug Jones’s Senate victory. Most white women supported his conservative opponent, Roy Moore, although the Republican had been banking on even more.

cnn.com

A former staffer says Rep. Blake Farenthold's crude remarks drove him to quit

A former senior aide to Rep. Blake Farenthold has approached the House Ethics Committee to share a damning account of working for the Texas Republican, with the intent of describing the congressman as verbally abusive and sexually demeaning -- and his congressional office as an intensely hostile environment that drove the aide to physical and emotional distress.

businessNews reuters.com

Republicans forge tax deal, final votes seen next week

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

technologyNews reuters.com

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

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

businessNews reuters.com

Bumper crop of new drugs fails to lift big pharma R&D returns

LONDON (Reuters) - It is shaping up to be a bumper year for drug approvals, with U.S. officials clearing twice as many novel medicines as in 2016, yet returns on research investment at leading pharmaceutical companies are down.

technologyNews reuters.com

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

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

companyNews reuters.com

EMERGING MARKETS-Mexico peso firms after Fed maintains U.S. rate outlook

By Bruno Federowski and Sheky Espejo Dec 13 (Reuters) - Mexico's peso currency and stocks firmed on Wednesday after the U.S. Federal Reserve raised the cost of borrowing, but did not signal that it could pick up the pace of rate hikes next year. Signs of quicker U.S. economic growth had prompted speculation that the Fed could have forecast more rate hikes next year. But the U.S. central bank's forecast of three hikes in 2018 and 2019 was unchanged from its projections in September.

businessNews reuters.com

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

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

businessNews reuters.com

Dutch-Belgian supermarket to battle Amazon on two fronts

ZAANDAM, Netherlands (Reuters) - Unlike investors who sold off rival food retail stocks in response to Amazon's plan to buy Whole Foods, Ahold Delhaize boss Dick Boer took the news in stride.

Doping (Sports) nytimes.com

Sports of The Times: Chris Froome Tests Positive, and Cycling History Repeats Itself

It’s hard to be surprised by the news that cycling’s most dominant rider has tested positive for a banned drug.

businessNews reuters.com

Delta may place order for 100 Airbus A321neo jets: sources

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-First Industrial Realty Trust To Issue $300 Mln Notes In Private Offering

* FIRST INDUSTRIAL REALTY TRUST TO ISSUE $300 MILLION OF UNSECURED NOTES IN A PRIVATE PLACEMENT OFFERING Source text for Eikon: Further company coverage:

businessNews reuters.com

Ford to shift midsize sedan production out of Mexico: sources

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

companyNews reuters.com

BRIEF-Innovative Solutions & Support Reports Q4 Loss Per Share $0.01

* INNOVATIVE SOLUTIONS & SUPPORT, INC. ANNOUNCES FOURTH QUARTER AND FISCAL 2017 FINANCIAL RESULTS

businessNews reuters.com

Wall Street mixed as financials drag after Fed rate hike

NEW YORK (Reuters) - The S&P 500 ended slightly lower on Wednesday pressured by the financial sector after the Federal Reserve announced a widely expected interest rate hike but kept its rate outlook for coming years even as it projected faster U.S. economic growth.

businessNews reuters.com

Fed lifts interest rates, keeps 2018 policy outlook unchanged

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

businessNews reuters.com

Lockheed Martin may top Boeing in race to supply Canada jets: experts

OTTAWA (Reuters) - Canada's decision to make it harder for Boeing Co to win a major jet order hands rival plane maker Lockheed Martin Corp an advantage in capturing the contract, defense experts said on Wednesday.

businessNews reuters.com

U.S. court removes creditor hurdle to a Westinghouse bankruptcy plan

WILMINGTON, Del. (Reuters) - A U.S. judge shot down on Wednesday a request by creditors of Westinghouse Electric Co LLC for a bigger role in the nuclear technology company's bankruptcy just days after its parent company Toshiba Corp proposed a restructuring plan.

businessNews reuters.com

WTO to end meeting with no deals after U.S. rebukes

BUENOS AIRES (Reuters) - Trade ministers looked set to wrap up their biennial World Trade Organization (WTO) meeting on Wednesday without any new agreements after criticism of the agency by the United States, once the WTO's driving force.

businessNews reuters.com

Wall Street extends gains slightly after expected Fed rate hike

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

businessNews reuters.com

Lockheed Martin could beat Boeing in race to supply Canada jets

OTTAWA (Reuters) - Canada's decision to make it harder for Boeing Co to win a major jet order hands rival plane maker Lockheed Martin Corp an advantage in capturing the contract, defense experts said on Wednesday.

businessNews reuters.com

Fed raises interest rates, keeps 2018 policy outlook unchanged

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

worldNews reuters.com

Despite Tillerson overture, White House says not right time for North Korea talks

WASHINGTON (Reuters) - No negotiations can be held with North Korea until it improves its behavior, a White House official said on Wednesday, raising questions about U.S. Secretary of State Rex Tillerson's offer to begin talks with Pyongyang anytime and without pre-conditions.

companyNews reuters.com

UPDATE 2-Medtronic settles states' probe into Infuse marketing for $12 mln

BOSTON, Dec 13 (Reuters) - Medtronic Plc has agreed to pay $12 million to resolve claims that the company engaged in a deceptive marketing strategy to promote its Infuse bone graft product used in spinal surgery, the Massachusetts attorney general said on Wednesday.

businessNews reuters.com

Exclusive: Saudi Aramco to push ahead with market share, expansion strategy - CEO

DAMMAM, Saudi Arabia (Reuters) - Saudi Aramco, the world's largest oil producer, aims to regain its lost market share after the OPEC-led supply-cut pact ends and plans to push ahead with a downstream expansion strategy to be on par with Big Oil, its chief executive said on Wednesday.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

healthNews reuters.com

Medtronic settles states' probe into Infuse marketing for $12 million

BOSTON (Reuters) - Medtronic Plc has agreed to pay $12 million to resolve claims that the company engaged in a deceptive marketing strategy to promote its Infuse bone graft product used in spinal surgery, the Massachusetts attorney general said on Wednesday.

companyNews reuters.com

UPDATE 1-Medtronic settles states' probe into Infuse marketing for $12 mln

BOSTON, Dec 13 (Reuters) - Medtronic Plc has agreed to pay $12 million to resolve claims that the company engaged in a deceptive marketing strategy to promote its Infuse bone graft product used in spinal surgery, the Massachusetts attorney general said on Wednesday.

businessNews reuters.com

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

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

businessNews reuters.com

Industrial stocks drive Wall Street higher; Fed decision eyed

(Reuters) - A surge in shares of Caterpillar and Boeing lifted the Dow industrials to record level in early afternoon trading on Wednesday, ahead of a widely-expected interest rate hike by the Federal Reserve.

cnn.com

Trump on taxes: Simplifying a broken system

President Trump gives remarks after House and Senate Republicans reach a compromise on their tax overhaul.

worldNews reuters.com

White House says not right time for North Korea talks, despite Tillerson overture

WASHINGTON (Reuters) - No negotiations can be held with North Korea until it improves its behavior, a White House official said on Wednesday, raising questions about U.S. Secretary of State Rex Tillerson's offer to begin talks with Pyongyang anytime and without pre-conditions.

businessNews reuters.com

Republicans reach deal on final tax legislation

WASHINGTON (Reuters) - Congressional Republicans have reached a deal on final tax legislation, the top Senate Republican tax writer said on Wednesday, an achievement that would clear the way for final votes in the Senate and House of Representatives next week.

worldNews reuters.com

White House says not right time for talks with North Korea

WASHINGTON (Reuters) - There can be no negotiations with North Korea until it "fundamentally improves its behavior," a White House official said on Wednesday, a day after U.S. Secretary of State Rex Tillerson's offer to begin direct talks with Pyongyang anytime and without pre-conditions.

companyNews reuters.com

BRIEF-Interactive Brokers to Accept Orders For Short Sales Of CFE Bitcoin Futures

* WILL NOW ACCEPT ORDERS FOR SHORT SALES OF CBOE FUTURES EXCHANGE BITCOIN FUTURES

lifestyleMolt reuters.com

Swiss church bells ring out after dark as court upholds nighttime chiming

ZURICH (Reuters) - A Swiss church can let its bells ring out in celebration after the country's highest court overturned a restriction on its peeling chimes demanded by a local couple.

worldNews reuters.com

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

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

companyNews reuters.com

GLOBAL MARKETS-Stocks worldwide reach highs; U.S. Treasury yields fall

* Fed widely seen hiking interest rates for third time in 2017

worldNews reuters.com

Algeria's ruling caste set on orderly succession, when the time comes

ALGIERS (Reuters) - Algerians are facing the eventual departure of their long-serving president, the ailing Abdelaziz Bouteflika, in the knowledge that all is being done to ensure little changes when he goes.

businessNews reuters.com

Wall Street higher on tech gains; Fed decision awaited

(Reuters) - U.S. stocks inched higher on Wednesday powered by technology stocks but shares of big banks lost steam ahead of a widely-expected interest rate hike in the afternoon.

businessNews reuters.com

U.S. core inflation slows, puts spotlight on 2018 interest rate outlook

WASHINGTON (Reuters) - Underlying U.S. consumer inflation slowed in November, held down by weak healthcare costs and the biggest drop in apparel prices in nearly two decades, which could impact the pace at which the Federal Reserve raises interest rates next year.

Movies nytimes.com

The Carpetbagger: At the Screen Actors Guild Awards, It Will Be Women First

Championing actresses and nodding at #MeToo, the industry’s biggest union will have only female presenters will hand out its acting awards.

companyNews reuters.com

UPDATE 5-Oil mixed after U.S. crude stocks draw; Forties outage lends support

* Britain's biggest pipeline likely to be shut for several weeks

businessNews reuters.com

Bitcoin fever exposes crypto-market frailties

LONDON/NEW YORK (Reuters) - As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds.

businessNews reuters.com

Wall Street scales higher on tech gains; Fed's rate decision awaited

(Reuters) - Wall Street indexes advanced on Wednesday as technology stocks gained and traders took positions, overlooking concerns of benign inflation ahead of a likely interest rate hike by the Federal Reserve later in the day.

businessNews reuters.com

Novartis generics arm says may sell or end some products

ZURICH (Reuters) - Swiss drugmaker Novartis's Sandoz generics business is in the process of selling or closing some products in the United States, it said on Wednesday.

companyNews reuters.com

CANADA STOCKS-TSX hits all-time high in broad rally

TORONTO, Dec 13 (Reuters) - Canada's main stock index hit an all-time high in early trade on Wednesday, boosted by broad gains led by its heavyweight financial and natural resources sectors.

businessNews reuters.com

Wall Street rises at open as technology stocks gain

(Reuters) - Wall Street opened higher on Wednesday on gains in technology stocks while investors awaited the Federal Reserve's decision on an interest rate hike due later in the day.

cnn.com

World skyscraper construction hits all-time high

More skyscrapers were built in 2017 than during any other year in history, according to data released today by the Council of Tall Buildings and Urban Habitat (CTBUH).

businessNews reuters.com

U.S. core CPI slows in November, apparel prices tumble

WASHINGTON (Reuters) - Underlying U.S. consumer inflation slowed in November amid weak healthcare costs and the biggest drop in apparel prices since 1998.

businessNews reuters.com

Want cheaper British car insurance? Mind how you shop

LONDON (Reuters) - Ever wondered what your shopping habits say about your driving? Britain's big supermarkets have.

companyNews reuters.com

BRIEF-Nasdaq Says Experiencing Issues With Market Data Dissemination, Affecting Certain Nordic Indexes

* NASDAQ SAYS CURRENTLY EXPERIENCING ISSUES WITH MARKET DATA DISSEMINATION, AFFECTING CERTAIN NORDIC INDEXES

businessNews reuters.com

EU warns British airlines on post-Brexit flying

BRUSSELS (Reuters) - British airlines will lose all flying rights the European Union has negotiated with third countries as well as those negotiated by individual EU states after Britain quits the bloc, the EU executive said in a note.

businessNews reuters.com

Sports Direct shareholders veto payment to brother of founder Mike Ashley

LONDON (Reuters) - Independent shareholders in Sports Direct on Wednesday voted against making a retrospective payment of 11 million pounds ($15 million) to the brother of founder and majority shareholder Mike Ashley for his work as an IT expert.

companyNews reuters.com

BRIEF-Blackrock To Support Chairman Donald Brydon In London Stock Exchange-TCI Row- Source

* BLACKROCK TO SUPPORT CHAIRMAN DONALD BRYDON IN LONDON STOCK EXCHANGE-TCI ROW- SOURCE Further company coverage:

businessNews reuters.com

U.S. consumer prices increase, but core CPI moderates

WASHINGTON (Reuters) - U.S. consumer prices accelerated in November amid a rebound in gasoline prices, but declining healthcare and apparel costs curbed underlying inflation pressures.

technologyNews reuters.com

Germany monitoring bitcoin market impact: FinMin

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

businessNews reuters.com

Airbus leadership under fire as crisis deepens

TOULOUSE/PARIS (Reuters) - Airbus is engulfed in a fresh bout of speculation over the future of senior managers as corruption probes rattle the aerospace company and add fuel to a long-running clash of egos at the top, people familiar with the group said.

companyNews reuters.com

BRIEF-Olympic Steel Increases And Extends Asset Based Credit Agreement To Support Future Growth

* OLYMPIC STEEL INCREASES AND EXTENDS ASSET BASED CREDIT AGREEMENT TO SUPPORT FUTURE GROWTH

businessNews reuters.com

Shares eye record high as Fed heads for 2017 hat-trick

LONDON (Reuters) - Global shares were within a whisker of another record high on Wednesday as markets traded on expectations of a third U.S. interest rate hike this year and waited to hear from the Federal Reserve on how many more are likely in 2018.

businessNews reuters.com

WTO struggles to hone global trade vision after U.S. turnabout

BUENOS AIRES (Reuters) - Trade ministers looked set to wrap up their biennial World Trade Organization (WTO) meeting without having reached a single agreement on Wednesday, still reeling from criticism brought by the United States, once the WTO's driving force.

businessNews reuters.com

Futures flat ahead of Fed's decision on interest rate hike

(Reuters) - U.S. stocks futures pointed to a flat open for Wall Street on Wednesday as investors awaited the Federal Reserve's announcement on benchmark interest rate and assessed the Democratic win in the Alabama Senate election.

Pop and Rock Music nytimes.com

Bon Jovi Leads 2018 Rock & Roll Hall of Fame Inductees: ‘It’s About Time’

The band will join the institution in April along with Nina Simone, the Cars, Dire Straits, the Moody Blues and Sister Rosetta Tharpe.

entertainmentNews reuters.com

Prince Harry's fiancee Meghan Markle to spend Christmas with UK royals

LONDON (Reuters) - Prince Harry's fiancee, American actress Meghan Markle, will join Queen Elizabeth and other senior Windsors for their family Christmas celebrations in what commentators said was a break with royal protocol.

businessNews reuters.com

Oil up on U.S. crude stocks draw, Forties outage supports

LONDON (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.

worldNews reuters.com

Germany's SPD plays hard-to-get before first talks with Merkel

BERLIN (Reuters) - Germany's Social Democrats said on Wednesday they would share power with Angela Merkel's conservatives only if ordinary voters get a fairer deal, seeking to reassure party skeptics hours before highly-sensitive talks between the two camps.

businessNews reuters.com

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

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

businessNews reuters.com

Trump to make final tax push as Republican negotiators near deal

WASHINGTON (Reuters) - U.S. President Donald Trump will make a final push on Wednesday to shepherd a Republican tax overhaul over the finish line, hosting congressional negotiators for lunch before delivering a speech in which he will make his closing arguments for the legislation.

businessNews reuters.com

VW bank expects profit rise in 2017 despite diesel scandal

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

businessNews reuters.com

Shares eye record high as Fed heads for hat-trick

LONDON (Reuters) - Global shares were within a whisker of another record high on Wednesday as markets traded on expectations of a third U.S. interest rate hike of the year, and waited to hear from the Federal Reserve how many more are likely in 2018.

companyNews reuters.com

EMERGING MARKETS-U.S. political woes lift emerging stocks, FX ahead of Fed

LONDON, Dec 13 (Reuters) - Emerging stocks and currencies sailed higher on Wednesday ahead of an expected Federal Reserve interest rate hike, lifted by U.S. assets nursing losses after President Donald Trump's Republicans suffered an election defeat.

companyNews reuters.com

GLOBAL MARKETS-Shares eye record high as Fed heads for hat-trick

LONDON, Dec 13 (Reuters) - Global shares were within a whisker of another record high on Wednesday as markets traded on expectations of a third U.S. interest rate hike of the year, and waited to hear from the Federal Reserve how many more are likely in 2018.

worldNews reuters.com

China marks Nanjing Massacre anniversary but Xi low key

BEIJING (Reuters) - China marked the 80th anniversary of the Nanjing Massacre on Wednesday with a call to work with Japan for peace, but President Xi Jinping kept a low profile and left the main public remarks to another senior official.

companyNews reuters.com

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

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

companyNews reuters.com

UPDATE 2-Oil prices recover on big US crude stock drawdown, pipeline shutdown supports

* Britain's biggest pipeline likely to be shut for several weeks

businessNews reuters.com

Asian shares up, dollar dips as Republicans lose Alabama Senate race

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

companyNews reuters.com

GLOBAL MARKETS-Asian shares up, dollar dips as Republicans lose Alabama Senate race

TOKYO, Dec 13 (Reuters) - U.S. stock futures, Treasury yields and the dollar dipped on Wednesday as Democrat Doug Jones beat Republican Roy Moore in a bitter U.S. Senate race in Alabama, while Asian shares gained as crude oil futures took back some lost ground.

companyNews reuters.com

BRIEF-Shire Says New Formulation Of Oncaspar Receives Marketing Authorization In Europe

* SHIRE PLC SAYS NEW FORMULATION OF ONCASPAR RECEIVES MARKETING AUTHORIZATION IN EUROPE FOR PATIENTS WITH ACUTE LYMPHOBLASTIC LEUKEMIA

businessNews reuters.com

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.

companyNews reuters.com

PRESS DIGEST-New York Times business news - Dec 13

Dec 13 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

worldNews reuters.com

China marks Nanjing Massacre anniversary but Xi silent

BEIJING (Reuters) - China marked the 80th anniversary of the Nanjing Massacre on Wednesday with a call to work with Japan for peace, but President Xi Jinping kept a low profile and left the public remarks to another senior official.

United States Politics and Government nytimes.com

Video and Full Transcript: Roy Moore, Refusing to Concede, Addresses Supporters on Election Night

Roy S. Moore, the Republican candidate in the Senate race in Alabama, addressed his supporters on Tuesday night after the election was called for his opponent, Doug Jones.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

companyNews reuters.com

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

* Democrat seen beating Trump-backed candidate in Senate race

businessNews reuters.com

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.

companyNews reuters.com

UPDATE 1-Ex-Trump aide Carter Page tells court to stop AT&T Time Warner deal

WASHINGTON, Dec 12 (Reuters) - Former Trump campaign adviser Carter Page argued in court papers on Tuesday that AT&T Inc should not be permitted to buy CNN parent Time Warner Inc because there was a risk it would lead to "recklessness" in journalism.

cnn.com

Mom and son scramble 5 times to stay out of California wildfire's path

Emily Vedder's heartbreaking and heartwarming story of evacuation from the Thomas Fire has shadowed the path of the devilish inferno.

businessNews reuters.com

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.

companyNews reuters.com

GLOBAL MARKETS-Asian shares flat, Fed hike expectations underpin dollar

TOKYO, Dec 13 (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.

businessNews reuters.com

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.

technologyNews reuters.com

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

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

companyNews reuters.com

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

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

companyNews reuters.com

CORRECTED-FDA proposes new fast path to market for certain medical devices

Dec 11 (Reuters) - The U.S. Food and Drug Administration on Monday proposed creating a new fast track to market for certain medical devices and a potential reduction in the amount of safety data required for approval.

companyNews reuters.com

BRIEF-ESSA Pharma announces overnight marketed equity offering

* ESSA PHARMA - TO USE NET PROCEEDS OF OFFERING PRIMARILY TO CONTINUE ONGOING PRECLINICAL DEVELOPMENT OF CO'S ANITEN COMPOUNDS Source text for Eikon: Further company coverage:

businessNews reuters.com

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.

businessNews reuters.com

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.

companyNews reuters.com

BRIEF-Freddie Mac Announces First Offerings Of Multi Pcs Backed By Tax-Exempt Loans

* FREDDIE MAC ANNOUNCES FIRST OFFERINGS OF MULTI PCS BACKED BY TAX-EXEMPT LOANS

companyNews reuters.com

UPDATE 4-Broken pipeline cuts British supply during peak energy demand

* Brent jumps above $65 for first time since mid-2015 (Updates with INEOS saying outage could last up to 4 weeks)

cnn.com

President threw his support behind Roy Moore, who has been accused of sexually abusing teens

Alabama voters are casting their ballots today as the nation watches their US Senate election between Republican Roy Moore and Democrat Doug Jones.