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Britain urged to prosecute social media firms over online abuse

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

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

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

technologyNews reuters.com

Electric vehicle battery prices to steady by 2020: Hyundai Motor

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

technologyNews reuters.com

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

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

technologyNews reuters.com

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

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

technologyNews reuters.com

Bitcoin euphoria puts other retail bets in shade

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

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UK city York refuses to renew Uber's licence

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

companyNews reuters.com

BRIEF-Woodward Inc Says CEO Thomas Gendron's FY 2017 Total Compensation Was $7.3 Million

* WOODWARD INC SAYS CEO THOMAS GENDRON'S FY 2017 TOTAL COMPENSATION WAS $7.3 MILLION VERSUS $5.8 MILLION IN FY 2016 - SEC FILING Source text : http://bit.ly/2ANFHxJ Further company coverage:

technologyNews reuters.com

Lyft starts Canada service in first international foray

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

technologyNews reuters.com

Cryptocurrency exchanges Coinbase, Bitfinex down

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

businessNews reuters.com

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

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

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Facebook to book advertising revenue locally amid political pressure

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

businessNews reuters.com

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

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

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AIG launches new cyber threat analysis to gauge companies' risks

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

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China warns against livestreaming after 'rooftopper' falls to death

BEIJING (Reuters) - A young Chinese climbing enthusiast's fatal fall from a skyscraper while making a selfie video on a $15,000 "rooftopping" dare has spurred warnings by state media against the perils of livestreaming.

businessNews reuters.com

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

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

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Airbnb drops controversial payment card in France

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

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

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

companyNews reuters.com

EMERGING MARKETS-Emerging stocks hit by Fed, China policy-tightening nerves

LONDON, Dec 12 (Reuters) - Emerging equities fell on Tuesday after two days of strong gains as markets looked to a U.S. Federal Reserve meeting and potential policy tightening in China, though a rise in the oil price to mid-2015 highs underpinned energy producers.

environmentNews reuters.com

South China chemical producer halts ammonia output as gas crisis deepens

BEIJING (Reuters) - A major Chinese chemical producer based in the southern province of Yunnan said it has halted production of synthetic ammonia and urea due to natural gas shortages as China's winter heating crisis deepens.

Ports nytimes.com

Sri Lanka, Struggling With Debt, Hands a Major Port to China

With many countries owing China for “One Belt, One Road” projects, some critics said Sri Lanka was setting a dangerous precedent of signing over territory.

Mergers, Acquisitions and Divestitures nytimes.com

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

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

technologyNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

technologyNews reuters.com

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

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

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

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

Politics and Government nytimes.com

Australian Lawmaker Quits Amid Questions Over China Ties

Sam Dastyari, a Labor Party member, faced accusations that he pushed policies favorable to China after accepting money from Chinese-born political donors.

companyNews reuters.com

RPT-UPDATE 2-China's growth objectives clash with financial stability goal - IMF

* IMF releases report on stability of China's financial system

companyNews reuters.com

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

BEIJING, Dec 12 (Reuters) - Amazon.com Inc said on Tuesday it was expanding its cloud computing business in China with a new local partner, aiming to win share in an increasingly crowded and highly regulated market.

technologyNews reuters.com

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

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

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Philippine bank accuses Bangladesh of heist 'cover-up'

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

worldNews reuters.com

South Korea's Moon, China's Xi to talk North Korea, trade in Beijing summit

SEOUL/BEIJING (Reuters) - Reining in North Korea's nuclear ambitions will top South Korean President Moon Jae-in's agenda in Beijing during a visit this week aimed at breaking the ice after a furious row with China over Seoul's deployment of a U.S. anti-missile system.

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

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

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China video game craze drives booming e-sports market

WUHU, China/SHANGHAI, Dec 12 (Reuters) - In an industrial park on the edge of Shanghai, a dozen Chinese teenagers are taking a break from battling digital armies to focus on their yoga.

Federal Taxes (US) nytimes.com

Editorial: Mr. Mnuchin’s Magical Math on Taxes

Pressed to prove that a tax cut for the rich can pay for itself, the Treasury relies on growth “models” with no basis in reality.

worldNews reuters.com

Prominent Australian opposition lawmaker quits over claims of China links

SYDNEY (Reuters) - Prominent Australian opposition Senator Sam Dastyari said on Tuesday he would resign from parliament after a series of allegations emerged about his links with Chinese-aligned interests in Australia.

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UPDATE 1-China's Tencent plans retail push with Yonghui Superstores stake

HONG KONG/SHANGHAI, Dec 11 (Reuters) - Chinese tech giant Tencent Holdings Ltd plans to buy a 5 percent stake in Yonghui Superstores Co Ltd, the department store operator said on Monday, in the latest push by China's internet giants into offline retail.

PersonalFinance reuters.com

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

BOSTON (Reuters) - A large New York state retirement plan said on Monday it would keep a popular Fidelity tech fund, whose portfolio manager recently left the company after being accused of sexual...

businessNews reuters.com

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

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

Industrial Espionage nytimes.com

Germany Accuses of China of Using LinkedIn to Recruit Informants

A top German intelligence agency said that more than its 10,000 citizens were targeted, including lawmakers and government employees.

businessNews reuters.com

Boeing lifts dividend by 20 percent, sets new $18 billion share buyback

(Reuters) - Boeing Co said on Monday it would raise its quarterly dividend by 20 percent and replace its existing share repurchase program with a new $18 billion authorization.

PersonalFinance reuters.com

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

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

technologyNews reuters.com

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

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

technologyNews reuters.com

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

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

companyNews reuters.com

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

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

technologyNews reuters.com

Apple removes app after MyEtherWallet complaint

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

businessNews reuters.com

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

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

technologyNews reuters.com

SEC halts initial coin offering from restaurant review app

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

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

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

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

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

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Apple confirms deal to buy music discovery app Shazam

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

environmentNews reuters.com

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

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

technologyNews reuters.com

Elliott says chipmaker NXP worth 23 percent more than Qualcomm's offer

(Reuters) - Activist investor Elliott Management Corp said on Monday NXP Semiconductors NV is worth about 23 percent more than Qualcomm Inc's $38-billion offer to buy the chipmaker.

businessNews reuters.com

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

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

technologyNews reuters.com

U.S. videogame makers may trounce sales estimates again

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

topNews reuters.com

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

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

Refugees and Displaced Persons nytimes.com

Fearing the Worst, China Plans Refugee Camps on North Korean Border

A Chinese county has a blueprint in place if a crisis in North Korea results in thousands of refugees crossing the border.

technologyNews reuters.com

Elliott says chipmaker NXP worth more than Qualcomm's offer

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

technologyNews reuters.com

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

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

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

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

topNews reuters.com

China's graft watchdog warns officials over 'concealed' extravagance

BEIJING (Reuters) - Chinese officials trying to hide dishonest spending with tricks such as throwing extravagant parties in private will be targeted in a sustained campaign to root out hedonism, the top anti-graft watchdog said on Monday.

technologyNews reuters.com

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

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

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

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

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Nokia's COO quits after eight months in the job

HELSINKI (Reuters) - Nokia said its chief operating officer will leave the telecom network equipment maker, which is struggling in the face of a shrinking market and tough competition, after just eight months in the job.

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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.

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

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

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.

companyNews reuters.com

Ford's November China vehicle sales drop 8 pct y/y

Dec 11 (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.

environmentNews reuters.com

China says 8 northern cities failed air quality targets in Oct, Nov

BEIJING (Reuters) - Eight northern Chinese cities failed to meet air quality targets in October and November, even as local authorities launched rigorous steps to cut emissions during the winter, the government said on Monday.

technologyNews reuters.com

Hotly anticipated bitcoin futures surge 21 percent on debut

NEW YORK/SYDNEY (Reuters) - Bitcoin futures jumped more than 20 percent in their eagerly anticipated U.S. debut, which backers hope will encourage wider use and legitimacy for the world's largest cryptocurrency even as critics warn of the risk of a bubble and price collapse.

worldNews reuters.com

China starts formal legal proceedings against disgraced senior politician

BEIJING (Reuters) - China's prosecutor began on Monday formal legal proceedings against disgraced senior politician Sun Zhengcai, once considered a contender for top leadership, who has been accused of corruption and other crimes.

worldNews reuters.com

China, Taiwan spar over Chinese diplomat's invasion threat

BEIJING/TAIPEI (Reuters) - A threat by a senior Chinese diplomat to invade Taiwan the instant any U.S. warship visits the self-ruled island has sparked a war of words, with Taipei accusing Beijing of failing to understand what democracy means.

worldNews reuters.com

China's top paper says Australian media reports are racist

BEIJING (Reuters) - Australian media reports on Chinese interference in Australia are racist and paranoid, China's top newspaper said on Monday, stepping up a war of words over concerns in Australia about Chinese influence in the country.

topNews reuters.com

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

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

worldNews reuters.com

Qatar goes ahead with $6.7 billion Typhoon combat jets deal with UK's BAE Systems

LONDON (Reuters) - BAE Systems and Qatar have entered into a contract valued at around 5 billion pounds ($6.7 billion) for the country to buy 24 Typhoon combat aircraft, the British defense group said on Sunday.

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.

environmentNews reuters.com

China looks to nuclear option to ease winter heating woes

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

worldNews reuters.com

Iraq is 'totally liberated' from Islamic State: Iraqi armed forces

BAGHDAD (Reuters) - Iraq has been "totally liberated" from Islamic State, the Iraqi armed forces announced in a statement on Saturday.

Elderly nytimes.com

Sanya Journal: Welcome to China’s Florida: Sun, Sand and Retired Snowbirds

Rising incomes allow China’s growing numbers of aging people to become snowbirds in the south — enjoying life post-retirement in a way previous generations never imagined.

environmentNews reuters.com

China's Xinjiang halts mining in nature reserve to curb pollution: Xinhua

BEIJING (Reuters) - China's far western Xinjiang region has suspended mining in one of its big nature reserves, the official Xinhua news agency reported, amid rising environmental concerns.

technologyNews reuters.com

France to allow blockchain for trading unlisted securities

PARIS (Reuters) - The French government opened the way on Friday for trading unlisted securities using blockchain digital ledgers with the adoption of new rules aimed at improving Paris' image as a center for financial innovation.

companyNews reuters.com

Speculators increase net-short dollar bets to $4.28 billion -CFTC and Reuters

Dec 8 (Reuters) - Speculators increased their bearish, net-short bets on the U.S. dollar to $4.28 billion in latest week of trading, marking the 21st straight week of net-negative speculator dollar positioning, data from the Commodity Futures Trading Commission calculated by Reuters showed.

companyNews reuters.com

BRIEF-WestRock Sees Fiscal 2018 Revenue Of At Least $16.3 Billion

* REITERATED FISCAL 2018 GUIDANCE FOR REVENUE OF AT LEAST $16.3 BILLION, ADJUSTED SEGMENT EBITDA OF MORE THAN $2.8 BILLION

technologyNews reuters.com

Spotify and Tencent Music to buy stakes in each other

STOCKHOLM (Reuters) - Music streaming company Spotify and the music arm of China's Tencent Holdings Ltd will buy minority stakes in each other ahead of the Swedish firm's expected stock market listing next year, the companies said on Friday.

companyNews reuters.com

BRIEF-Manulife Financial Corp Files For Mixed Shelf Of Up To $5 Billion

* MANULIFE FINANCIAL CORP FILES FOR MIXED SHELF OF UP TO $5 BILLION– SEC FILING‍​ Source text - (http://bit.ly/2BhcmyL) Further company coverage:

technologyNews reuters.com

NiceHash says attacked probably from non-EU IP address

LJUBLJANA (Reuters) - A Slovenian cryptocurrency mining marketplace, NiceHash, which lost about $64 million worth of bitcoin in a hack on its payment system on Wednesday, said the attack was probably made from a non-EU IP address.

companyNews reuters.com

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

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

technologyNews reuters.com

Ericsson may make Digital goodwill impairment after revamp

STOCKHOLM (Reuters) - Ericsson said on Friday it may have to book a goodwill impairment in its struggling digital services and media businesses, potentially hitting the Swedish mobile network equipment maker's operating income but not its cashflow.

worldNews reuters.com

China warns of imminent attacks by "terrorists" in Pakistan

BEIJING (Reuters) - China on Friday warned its nationals in Pakistan of plans for a series of imminent "terrorist attacks" on Chinese targets there, an unusual alert as it pours funds into infrastructure projects into a country plagued by militancy.

companyNews reuters.com

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

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

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

METALS-Shanghai copper prices turn positive on China data

SYDNEY, Dec 8 (Reuters) - Shanghai copper futures turned positive on Friday after data showed a jump in imports of the metal into China, the world's top consumer of the commodity.

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

companyNews reuters.com

UPDATE 2-China's HNA pushes back against liquidity concerns, won't sell assets "blindly"

* Group exec says dismisses concerns about "liquidity crisis"

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

BRIEF-‍Air China Launches New Non-Stop Service Between Shenzhen And Los Angeles​

* ‍AIR CHINA LAUNCHES NEW NON-STOP SERVICE BETWEEN SHENZHEN AND LOS ANGELES​ Source text for Eikon: Further company coverage:

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.

technologyNews reuters.com

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

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

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.

companyNews reuters.com

UPDATE 1-China's HNA pushes back against liquidity concerns, wont sell assets "blindly"

* HNA's leverage, ownership under scrutiny after $50 bln in deals (Adds quotes and comments from HNA executive)

companyNews reuters.com

China's HNA says it is not selling assets "blindly"

HONG KONG, Dec 8 (Reuters) - Chinese conglomerate HNA Group is not selling assets "blindly" and has no plans to sell its stakes in Deutsche Bank or Hilton Worldwide in the near future, a senior executive told Reuters on Friday.

companyNews reuters.com

China aims to make IPO application process more transparent

SHANGHAI, Dec 8 (Reuters) - China's securities regulator published a set of guidelines for companies applying to make initial public offerings (IPOs), in a bid to be more transparent and stabilize market expectations.

technologyNews reuters.com

YouTube to launch music subscription service next year: Bloomberg

(Reuters) - Alphabet Inc's YouTube plans to introduce a paid music streaming service in March, Bloomberg reported on Thursday, citing people familiar with the matter.

worldNews reuters.com

China jails 21 people for 2015 nursing home fire: Xinhua

SHANGHAI (Reuters) - China has jailed 21 people for their roles in a deadly fire that killed 39 elderly people at a private nursing home two years ago, state-run Xinhua news agency reported on Friday.

technologyNews reuters.com

Spark NZ expects to roll out 5G in next few years

(Reuters) - New Zealand telecommunications company Spark New Zealand said on Friday its plans for a fifth-generation network (5G) are progressing well and it expects to roll it out within the "next few years."

companyNews reuters.com

Walmex expands Wi-Fi in Mexican stores, pushing online shopping

MEXICO CITY, Dec 7 (Reuters) - Wal-Mart de Mexico said on Thursday that it will install Wi-Fi throughout all but one of its chains in Mexico by next summer, in an attempt to collect user data and drive online sales by familiarizing shoppers with technology.

PersonalFinance reuters.com

U.S.-based stock ETFs attract $14.6 billion of inflows, largest since June: Lipper

NEW YORK (Reuters) - U.S.-based stock ETFs attracted $14.6 billion of inflows in the week ended Wednesday, their 10th consecutive week of inflows and the largest since June, illustrating investors'...

cnn.com

Dollar General to open 900 new stores

companyNews reuters.com

BRIEF-Anthem Inc - Board Increased Company's Share Repurchase Authorization By $5 Billion

* ANTHEM INC - ON DECEMBER 7, 2017, BOARD INCREASED COMPANY'S SHARE REPURCHASE AUTHORIZATION BY $5 BILLION

PersonalFinance reuters.com

Investment funds buy $9.481 billion two-year note in November: U.S. Treasury

(Reuters) - Large investment managers bought $9.481 billion at a 2-year note auction held in November,

technologyNews reuters.com

France's Ubisoft delays three releases, back catalog sales remain strong

(Reuters) - French video game producer Ubisoft said on Thursday it was delaying the release of three games and lowering its 2017/18 sales goals while raising its targeted profit margin.

companyNews reuters.com

BRIEF-Freddie Mac Prices $1.1 Billion Multifamily K-Deal, K-F39

* FREDDIE MAC - APPROXIMATELY $1.1 BILLION IN K CERTIFICATES (K-F39 CERTIFICATES) ARE EXPECTED TO SETTLE ON OR ABOUT DECEMBER 18, 2017 Source text for Eikon: Further company coverage:

cnn.com

Cillizza: Franken's totally unapologetic resignation

Two things were clear after Al Franken finished his speech on the Senate floor just after noon on Thursday:

worldNews reuters.com

North Korea says U.S. threats make war unavoidable, China urges calm

SEOUL (Reuters) - Two American B-1B heavy bombers joined large-scale combat drills over South Korea on Thursday amid warnings from North Korea that the exercises and U.S. threats have made the outbreak of war "an established fact."

technologyNews reuters.com

Deutsche Bank says more regulation of cryptocurrencies needed

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

companyNews reuters.com

BRIEF-Micron Technology Says CEO Sanjay Mehrotra's FY 2017 Total Compensation Was $15.4 Mln

* MICRON TECHNOLOGY INC SAYS CEO SANJAY MEHROTRA'S FY 2017 TOTAL COMPENSATION WAS $15.4 MILLION - SEC FILING

technologyNews reuters.com

Chinese investor further raises stake in Dialog Semi to 8.15 percent

FRANKFURT (Reuters) - China's top state silicon chipmaker has further raised its stake in Dialog Semiconductor, buying into share price weakness triggered by fears the Anglo-German firm could lose its top customer Apple Inc.

technologyNews reuters.com

Ubisoft delays three releases, lowers 2017/2018 sales outlook

(Reuters) - French video game producer Ubisoft said on Thursday it was delaying the release of three games and lowering its 2017/18 sales outlook.

technologyNews reuters.com

Instagram testing standalone Direct messaging app

(Reuters) - Facebook Inc's Instagram said on Thursday it was testing a standalone messaging app called Direct, making it the company's third chat tool alongside its hugely popular WhatsApp and Messenger.

technologyNews reuters.com

Silicon Valley meets 'Flash Boys' on new corporate listings program

NEW YORK (Reuters) - A new would-be stock exchange based in Silicon Valley is teaming up with IEX Group, the newest U.S. stock exchange and focus of author Michael Lewis's book, "Flash Boys: A Wall Street Revolt," on a corporate listings program, the company said on Thursday.

companyNews reuters.com

BRIEF-Visa Says Ceo Alfred Kelly Jr.'S FY 2017 Total Compensation Was $21.7 Mln

* VISA INC SAYS CEO ALFRED KELLY, JR.'S FY 2017 TOTAL COMPENSATION WAS $21.7 MILLION - SEC FILING

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.)

technologyNews reuters.com

Orange's boss Richard promises investors more of the same

PARIS/LONDON (Reuters) - Orange's boss Stephane Richard told investors on Thursday he will stick with plans to invest heavily in upgrading networks rather than content as he bids for a third term to lead France's biggest telecoms operator.

technologyNews reuters.com

BlackBerry, Qualcomm expand partnership to connected automotive

(Reuters) - BlackBerry Ltd and Qualcomm Inc are expanding their partnership to tap the fast-growing connected automotive market, the companies said on Thursday.

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.

technologyNews reuters.com

Russia calls on OSCE states to ramp up cyber security efforts

VIENNA (Reuters) - Russia's foreign minister called on Organization for Security and Cooperation in Europe (OSCE) countries to strengthen efforts to ensure the safety of the internet on Thursday.

topNews reuters.com

China's Sinopec sues Venezuela in sign of fraying relations

(Reuters) - Sinopec USA, a subsidiary of Chinese oil and gas conglomerate Sinopec, has sued Venezuela's state oil company PDVSA in a U.S. court, claiming it never received full payment for an order of steel rebar.

companyNews reuters.com

France and Qatar sign deals worth 12 billion euros -- Macron

QATAR, Dec 7 (Reuters) - France and Qatar signed commercial contracts worth around 12 billion euros ($14.15 billion) on Thursday, French President Emmanuel Macron said, adding that the deals underscored the close relationship between the two countries.

environmentNews reuters.com

China scales back northern gas push to avert heating crisis

BEIJING (Reuters) - Beijing scaled back its plan to convert northern cities to cleaner fuel this winter after provinces warned of gas shortages, residents struggled to keep warm and reports of freezing classrooms deepened concerns about a heating crisis.

worldNews reuters.com

North Korea says U.S. threats make war unavoidable as China urges calm

SEOUL (Reuters) - Two American B-1B heavy bombers joined large-scale combat drills over South Korea on Thursday amid warnings from North Korea that the exercises and U.S. threats have made the outbreak of war "an established fact".

environmentNews reuters.com

China eases northern gas push to avert heating crisis

BEIJING (Reuters) - Beijing has eased a push to convert northern cities to gas or electric heating this winter, after two provinces warned of gas shortages and reports of freezing classrooms deepened concerns about a winter heating crisis, local media said on Thursday.

companyNews reuters.com

BRIEF-Icl To Sell Two Low Synergy Businesses For Approximately $1 Billion

* ICL TO SELL TWO LOW SYNERGY BUSINESSES FOR APPROXIMATELY $1 BILLION

businessNews reuters.com

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

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

companyNews reuters.com

UPDATE 2-China's growth objectives clash with financial stability goal - IMF

* IMF releases report on stability of China's financial system

companyNews reuters.com

METALS-London copper mired near two-month low as China demand growth cools

MELBOURNE, Dec 7 (Reuters) - London copper edged up on Thursday but was still not far two-month lows amid signs that growth in China's property and power sectors, both major copper consumers, is tapering into the year end. FUNDAMENTALS * London Metal Exchange copper edged up by 0.3 percent to $6,571.50 a tonne by 0209 GMT, after closing little changed in the previous session. Prices on Tuesday fell to $6,507.50, the weakest since Oct. 10. Shanghai Futures Exchange copper

companyNews reuters.com

UPDATE 1-China's growth objectives clash with financial stability goal - IMF

* IMF releases report on stability of China's financial system

companyNews reuters.com

China's growth objectives clash with financial stability goal - IMF

BEIJING, Dec 7 (Reuters) - China should prioritise financial stability above development goals, as pursuit of regional growth targets and helping firms avoid heavy job losses had led to a surge in debt, particularly at local government level, the International Monetary Fund said.

technologyNews reuters.com

Australia's ASX selects blockchain to cut costs

(Reuters) - Australia's ASX Ltd said on Thursday it would replace its registry, settlement and clearing system with blockchain technology to cut costs for customers.

businessNews reuters.com

Chevron sets 2018 capital budget at $18.3 billion

(Reuters) - Oil and gas major Chevron Corp announced an $18.3 billion capital and exploratory budget on Wednesday.

worldNews reuters.com

Cambodia goes all-in on China in casino port city

SIHANOUKVILLE, Cambodia (Reuters) - Between Sihanoukville's beaches and its multiplying casinos, "Lao Qi" and Bun Saroeun run restaurants barely a hundred dusty meters apart. But their fortunes could not be more different.

companyNews reuters.com

BRIEF-Baker Hughes, A GE Company Announces Pricing Of Offering Of $3.95 Billion Of Senior Notes

* BAKER HUGHES, A GE COMPANY ANNOUNCES PRICING OF OFFERING OF $3,950,000,000 OF SENIOR NOTES BY BAKER HUGHES, A GE COMPANY, LLC

technologyNews reuters.com

ASX selects distributed ledger technology to replace CHESS

(Reuters) - Australia's main bourse ASX Ltd on Thursday said it would replace its existing technology used to record shareholdings and manage the clearing and settlement of equity transactions in Australia, with blockchain developed by its technology partner Digital Asset (DA).

companyNews reuters.com

BRIEF-FXCM Group Reports Customer Trading Volume Of $218 Billion In November

* FXCM GROUP SAYS CUSTOMER TRADING VOLUME OF $218 BILLION IN NOVEMBER 2017, 14% HIGHER THAN OCTOBER

Reign (Manhattan, NY, Retailer) nytimes.com

Critical Shopper: Why Is There No Great Multibrand Men’s Store in New York?

Reign, newly opened in the meatpacking district, aims to be a one-stop men’s wear shop.

businessNews reuters.com

Home Depot sets $15 billion share buyback, investment plan

(Reuters) - Home Depot Inc announced a $15 billion share buyback plan on Wednesday and said it would invest in improving its stores to hit a $120 billion annual sales target in the next three years.

environmentNews reuters.com

China fines for environmental violations up 48 percent from Jan-Oct: ministry

SHANGHAI (Reuters) - China firms accused of violating environmental regulations paid fines totaling 1.02 billion yuan ($154 million) in the first 10 months of 2017, up 48 percent from a year earlier, the environment ministry said on Wednesday.

companyNews reuters.com

China's Ofo joins crowded Paris bike-share market

PARIS, Dec 6 (Reuters) - China's Ofo launched its dockless bicycles in Paris on Wednesday, becoming the fourth bike-sharing scheme operator in a city set to banish all combustion-engine cars by 2030.

technologyNews reuters.com

Israeli firm's spyware used against Ethiopian dissidents: Canadian group

TORONTO/TEL AVIV (Reuters) - Surveillance software from Israeli defense contractor Elbit Systems Ltd was used in an espionage campaign targeting Ethiopian dissidents living outside the East African nation, a Canadian research institute said on Wednesday.

companyNews reuters.com

UPDATE 3-UnitedHealth to buy DaVita primary care unit for $4.9 billion

Dec 6 (Reuters) - The largest U.S. health insurer UnitedHealth Group Inc will buy DaVita Inc's primary and urgent care services for $4.9 billion in its second acquisition this year to expand its fast-growing medical group, it said on Wednesday.

businessNews reuters.com

Wal-Mart drops Stores from name to shed brick and mortar image

(Reuters) - Wal-Mart Stores Inc will be known as Walmart Inc, effective Feb. 1, the world's largest retailer said on Wednesday, as part of its efforts to rebrand itself as more than a brick and mortar store.

technologyNews reuters.com

Researchers say Ethiopia used Elbit products to spy on dissidents

TEL AVIV (Reuters) - Israeli defense company Elbit Systems' shares fell 1.7 percent in premarket Nasdaq trade after researchers claimed Ethiopia used products made by its Cyberbit unit to spy on dissidents.

technologyNews reuters.com

High tech, high finance and high times for U.S. pot industry

(Reuters) - Two years ago, Alan Gertner was head of Google's Asia-Pacific sales team in Singapore, handling more than $100 million in business.

businessNews reuters.com

UnitedHealth to buy DaVita primary care unit for $4.9 billion

(Reuters) - U.S. health insurer UnitedHealth Group Inc on Wednesday announced a $4.9 billion deal to buy a unit of DaVita Inc, looking to bolster its primary and urgent care services.

businessNews reuters.com

T-Mobile board approves up to $1.5 billion buyback program

(Reuters) - U.S. wireless carrier T-Mobile US Inc said on Wednesday its board authorized a buyback program for up to $1.5 billion of the company's common stock.

technologyNews reuters.com

Farming startup Indigo raises $203 million with help from Dubai fund

SAN FRANCISCO (Reuters) - Farming technology startup Indigo has raised more than $200 million from investors to fund its efforts to reform how crops including wheat, soybeans, cotton and corn are grown around the world.

businessNews reuters.com

UnitedHealth to buy DaVita's medical unit for $4.9 billion

(Reuters) - UnitedHealth Group Inc said on Wednesday it would buy kidney care services provider DaVita Inc's medical unit for about $4.9 billion cash, as the health insurer looks to expand operations in outpatient care services.

technologyNews reuters.com

Ireland says yet to agree exact date for Apple to start transferring tax funds

DUBLIN (Reuters) - Ireland expects Apple to start paying up to 13 billion euros ($15.36 billion) in back taxes into an escrow account once it is set up at the end of January, but an exact date has yet to be agreed.

businessNews reuters.com

Home Depot sets new $15 billion buyback, long-term sales target

(Reuters) - Home Depot Inc , the largest U.S. home improvement chain, on Wednesday announced a new $15 billion share buyback plan and set a target to grow annual sales to between $114.7 billion and $119.8 billion for the year ending January 2021.

topNews reuters.com

China pledges 'significant' market opening for foreign investors

BEIJING (Reuters) - China will "significantly" widen market access for foreign investors, state radio on Wednesday quoted vice premier Wang Yang as saying, following a recent move to raise foreign ownership limits in local financial firms.

businessNews reuters.com

Home Depot announces $15 billion buyback program

(Reuters) - Home Depot Inc , the largest U.S. home improvement chain, on Wednesday announced a $15 billion share repurchase plan and set a target to grow annual sales to between $114.7 billion and $119.8 billion by the year ending January 2021.

Campaign Finance nytimes.com

China Scolds Australia Over Its Fears of Foreign Influence

The Chinese Embassy accused Australian officials of damaging “mutual trust,” a day after laws were proposed to curb interference by other countries in Australian politics.

businessNews reuters.com

Exclusive: Ford set for China tie-up with Alibaba to test online, direct auto sales - source

BEIJING (Reuters) - Ford Motor Co is expected to sign as early as Thursday a deal with Alibaba Group Holding Ltd which may allow the U.S. automaker to test selling cars to consumers in China through Alibaba's online retail arm Tmall, as well as via a new “auto vending machine” store concept, according to a Ford source familiar with the matter.

technologyNews reuters.com

Singapore drone frees your fingers to take photos

SINGAPORE (Reuters) - As more people shoot pictures and videos from consumer drones, researchers in Singapore have found a way round the frustrating task of framing and taking photos while manually piloting the craft. 

environmentNews reuters.com

China's warm start to winter heats up Chinese steel, mill profits

SHANGHAI (Reuters) - A warm start to the winter has boosted steel prices and margins for mills in China, the world's top producer, as the higher temperatures have allowed projects to proceed that would normally have come to a halt.

companyNews reuters.com

BRIEF-BP ‍To Build A New Lubricants Blending Plant In China​

* ‍NEW LUBRICANTS BLENDING PLANT IN CHINA WITH EXPECTED INVESTMENT OF AROUND RMB1.5 BILLION​

businessNews reuters.com

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

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

technologyNews reuters.com

Apple's Cook optimistic that apps pulled in China will be back

HONG KONG (Reuters) - Apple Inc is optimistic that some of its popular apps removed from its China App Store this year to comply with government requests will be reinstated, the U.S. tech giant's Chief Executive Tim Cook said on Wednesday.

companyNews reuters.com

UPDATE 1-Apple's Cook optimistic that apps pulled in China will be back

* Cook has been criticised for bowing to pressure from Beijing

companyNews reuters.com

Apple's Cook says he sees China's Tencent as a great partner

HONG KONG, Dec 6 (Reuters) - Apple Inc's chief executive Tim Cook said on Wednesday he sees Tencent Holdings , China's biggest social network and gaming company, as a great partner and thinks very highly of its founder Pony Ma.

companyNews reuters.com

China's HNA Group to sell overseas property, dispose non-core assets - 21st Century Business Herald

BEIJING, Dec 6 (Reuters) - HNA Group Co Ltd's Chief Executive Officer Adam Tan said the aviation-to-financial services conglomerate is negotiating to sell overseas real estate as part of a strategic streamlining, according to an interview published by 21st Century Business Herald.

environmentNews reuters.com

China's smog-plagued Hebei draws up environmental tax plan

SHANGHAI (Reuters) - The smog-prone northern Chinese province of Hebei has drawn up plans to launch a comprehensive environmental protection tax starting in the new year that will give more incentives for local polluters to clean up, it said on Wednesday.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

worldNews reuters.com

China accuses Australia of paranoia over foreign influence laws

MELBOURNE (Reuters) - China accused Australia of hysteria and paranoia on Wednesday after Prime Minister Malcolm Turnbull vowed to ban foreign political donations in a move to curb external influence on its domestic politics.

companyNews reuters.com

METALS-Shanghai copper prices fall sharply on China demand jitters

(Adds analyst comment, updates prices) BEIJING, Dec 6 (Reuters) - Shanghai copper fell more than 3 percent on Wednesday, tracking a steep drop on the LME as investors wound in profits on concerns China could see a weaker first half of next year. Analysts said besides a rise in copper inventories, the selloff was fuelled by concerns about liquidity tightness in China towards the year-end, amid a government-led deleveraging push, and slowing investment in the country's power sector, a ke

environmentNews reuters.com

China fines for environmental violations up 48 pct from Jan-Oct: ministry

SHANGHAI (Reuters) - China firms accused of violating environmental regulations paid fines totaling 1.02 billion yuan ($154 million) in the first 10 months of 2017, up 48 percent from a year earlier, the environment ministry said on Wednesday.

companyNews reuters.com

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

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

China nytimes.com

Inside China’s Big Tech Conference, New Ways to Track Citizens

The technologies for tracking citizens, and their wide acceptance in China, were on display at the World Internet Conference.

companyNews reuters.com

BRIEF-Equinix Announces Pricing Of €1.0 Billion Senior Notes Offering

* EQUINIX ANNOUNCES PRICING OF €1.0 BILLION SENIOR NOTES OFFERING

companyNews reuters.com

UPDATE 1-U.S. slaps duties on Vietnamese steel originating from China

WASHINGTON, Dec 5 (Reuters) - The U.S. Commerce Department on Tuesday slapped steep import duties on steel products from Vietnam that originated in China after finding they evaded U.S. anti-dumping and anti-subsidy orders.

companyNews reuters.com

BRIEF-Revenue And Chery Holding Group Enter JV For Manufacturing Of Specialty Vehicles In China

* REVENUE AND CHINA-BASED CHERY HOLDING GROUP ENTER JOINT VENTURE FOR THE MANUFACTURING OF SPECIALTY VEHICLES IN CHINA

technologyNews reuters.com

Maduro's cryptocurrency to fare no better than Venezuela itself: analysts

CARACAS (Reuters) - Venezuela's plan to create an oil-backed cryptocurrency faces the same credibility problems that dog the ruling Socialist Party in financial markets and is unlikely to fare any better than the struggling OPEC member itself, investors and technical experts say.

companyNews reuters.com

BRIEF-Claire's Stores Qtrly Net Loss Of $15.5 Mln Vs Net Income Of $150.6 Mln Last Year

* CLAIRE'S STORES, INC. REPORTS FISCAL 2017 THIRD QUARTER RESULTS

technologyNews reuters.com

Maduro's cryptocurrency to fare no better than Venezuela itself

CARACAS (Reuters) - Venezuela's plan to create an oil-backed cryptocurrency faces the same credibility problems that dog the ruling Socialist Party in financial markets and is unlikely to fare any better than the struggling OPEC member itself, investors and technical experts say.

companyNews reuters.com

UPDATE 3-Canada's Trudeau says will keep exploring trade deal with China

BEIJING, Dec 5 (Reuters) - Canada's trade minister extended his stay in Beijing on Tuesday in a bid to salvage early talks on a free trade agreement with China, but Canada faces tough choices after the United States threatened to pull out of NAFTA.

technologyNews reuters.com

Xunlei tumbles as cryptocurrency worries swirl

(Reuters) - Shares in Chinese technology company Xunlei Ltd sank 12 percent on Tuesday, taking falls in the stock past 40 percent in two weeks as investors debated whether the company is set to benefit or suffer from a boom in cryptocurrency stock plays.

technologyNews reuters.com

Wal-Mart to integrate physical, online units in Brazil

(Reuters) - The Brazilian unit of Wal-Mart Stores Inc. has decided to integrate its physical retail and e-commerce activities, as well as expand its so-called online marketplace operations, the company said in a statement on Tuesday.

businessNews reuters.com

Nestle to buy vitamin maker Atrium Innovations for $2.3 billion

LONDON (Reuters) - Nestle is paying $2.3 billion to buy Canadian vitamin maker Atrium Innovations, it said on Tuesday, expanding its presence in the consumer healthcare market as it seeks to offset weakness in its traditional packaged foods.

technologyNews reuters.com

Dish co-founder Ergen steps down from CEO role to focus on wireless

(Reuters) - Dish Network Corp said on Tuesday co-founder Charlie Ergen has stepped down from his chief executive role to devote more time to build out the company's wireless business.

technologyNews reuters.com

Dish Network founder steps down from CEO role to focus on wireless

(Reuters) - Dish Network Corp said on Tuesday Chief Executive Charlie Ergen has stepped down to devote more time to the company's emerging wireless business.

technologyNews reuters.com

Bitcoin hits new record high of $11,850

LONDON (Reuters) - Bitcoin powered to a record high of $11,850 on Tuesday, continuing its surge from below $1,000 at the start of the year.

Cooking and Cookbooks nytimes.com

Cookbooks: The Year’s Best Baking Cookbooks, for Novices and Pros

Melissa Clark says seven favorites from 2017 all help dispel the fear of baking.

technologyNews reuters.com

International police operation shuts down 'Andromeda' malware system

AMSTERDAM (Reuters) - A joint operation involving Germany, the United States and Belarus has taken down a malware system known as "Andromeda" or "Gamarue" that infected more than 2 million computers globally, Europol said on Tuesday.

technologyNews reuters.com

'Smart bags' may not fly if battery cannot be removed

GENEVA (Reuters) - "Smart suitcases" may be able to charge mobile phones or be easily found if misplaced, but unless their battery can be removed they risk being sent packing by the world's airlines.

technologyNews reuters.com

Exclusive: More Chinese lenders plan to pursue RCom in insolvency court - sources

HONG KONG/MUMBAI/BEIJING (Reuters) - Two major Chinese lenders plan to support a move by China Development Bank to put Indian wireless carrier Reliance Communications (RCom) into insolvency court as they seek to recover about $2 billion in debt, said three people with knowledge of the matter.

technologyNews reuters.com

iPhone market share slips in October-quarter: research firm

(Reuters) - The market share of Apple Inc's iPhone declined in key regions in the three months ended October, hurt by the unavailability of the iPhone X during that time, research firm Kantar Worldpanel ComTech said on Tuesday.

Ford Motor Co nytimes.com

China Will Lead an Electric Car Future, Ford’s Chairman Says

Ford Motor said Tuesday that it planned to offer 15 new models in China by 2025 that run at least in part on batteries.