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businessNews reuters.com

Bitcoin futures race higher in volatile launch, dollar steady

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

cnn.com

Global arms sales rise for the first time in 5 years

Global arms sales increased for the first time in five years in 2016 as rising geopolitical tensions fueled defense spending.

businessNews reuters.com

Uber heads to court in fight for London survival

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

businessNews reuters.com

Bitcoin futures start trading on CBOE exchange

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

businessNews reuters.com

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

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

companyNews reuters.com

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

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

businessNews reuters.com

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

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

cnn.com

UN Ambassador Haley cites 'will of American people' on Jerusalem decision

US Ambassador to the United Nations Nikki Haley on Sunday cited "the will of the American people" in defending President Donald Trump's decision to recognize Jerusalem as Israel's capital and move the US Embassy there.

nytimes.com

Asia and Australia Edition: Jerusalem, Bitcoin, Nobel Peace Prize: Your Monday Briefing

Here’s what you need to know to start your day.

cnn.com

Nikki Haley on Jerusalem decision: This will move ball forward for peace

US Ambassador to the United Nations Nikki Haley says President Trump's decision to recognize Jerusalem as Israel's capital would "move the ball forward" in the peace process between Israelis and Palestinians.

topNews reuters.com

Palestinian stabs Israeli in Jerusalem; anti-Trump protest flares in Beirut

JERUSALEM (Reuters) - A Palestinian stabbed an Israeli security guard at Jerusalem's main bus station on Sunday, police said, and violence flared near the U.S. Embassy in Beirut over U.S. President Donald Trump's recognition of Jerusalem as Israel's capital.

businessNews reuters.com

Thyssenkrupp makes offer to workers for Tata Steel deal: sources

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

topNews reuters.com

Anti-Trump protests wane in Jerusalem, West Bank; flare in Beirut

JERUSALEM (Reuters) - Palestinian protests waned in the occupied West Bank and in the Gaza Strip on Sunday while violence flared near the U.S. embassy in Beirut over U.S. President Donald Trump's decision to recognize Jerusalem as Israel's capital.

businessNews reuters.com

Bangladesh minister says wants to 'wipe out' Manila bank for heist role

DHAKA (Reuters) - Bangladesh's finance minister said late on Saturday he wanted to "wipe out" a Philippines bank that was used to channel $81 million stolen from the Bangladeshi central bank's account with the Federal Reserve Bank of New York last year.

worldNews reuters.com

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

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

nytimes.com

Jerusalem, Wildfires, Roy Moore: Your Weekend Briefing

Here’s what you need to know about the week’s top stories.

Demonstrations, Protests and Riots nytimes.com

Protests in Lebanon Near U.S. Embassy After Trump’s Jerusalem Decision

Lebanese Army forces fired tear gas and water cannons to disperse thousands of protesters outside the embassy near Beirut.

worldNews reuters.com

Trump's Jerusalem decision could help militants: UAE's Sheikh Mohammed

DUBAI (Reuters) - U.S President Donald Trump's decision to recognize Jerusalem as Israel's capital could provide a lifeline to militants after the setbacks they suffered this year, the de facto leader of the United Arab Emirates (UAE) has warned.

companyNews reuters.com

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

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

companyNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

Palestinians nytimes.com

Opinion: Palestinians’ Dashed Hopes for Jerusalem

A West Bank demonstration may have been a mild beginning to a sustained violent expression by Palestinians.

Palestinians nytimes.com

The Interpreter: The Jerusalem Issue, Explained

What Mr. Trump’s announcement means for the city, the conflict and the world.

Jews and Judaism nytimes.com

Daily Life in Jerusalem? ‘Difficult’ and ‘Intense’ for Arab and Jew

For residents of Jerusalem, over which the world has been battling for thousands of years, everyday frictions can be draining on both sides of the Green Line.

topNews reuters.com

Palestinians to snub Pence during visit over Jerusalem move

CAIRO/GAZA (Reuters) - Palestinian President Mahmoud Abbas will not meet U.S. Vice President Mike Pence during Pence's visit to the region this month, in a snub over the U.S. recognition of Jerusalem as Israel's capital, the Palestinian Foreign Minister said on Saturday.

worldNews reuters.com

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

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

cnn.com

Israeli airstrikes target Gaza amid tensions after Trump's Jerusalem move

Two Palestinians were killed Saturday in Israeli airstrikes in Gaza, the official Palestinian news agency WAFA reported, as tensions soared in the region after US President Donald Trump's recognition of Jerusalem as the capital of Israel.

Palestinians nytimes.com

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

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

Temple Mount (Jerusalem) nytimes.com

Op-Ed Columnist: Jerusalem Denial Complex

Dispense with pieties about the city of the pious.

businessNews reuters.com

Apple in talks to acquire music identification app Shazam: source

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

companyNews reuters.com

Boston Herald files for bankruptcy protection to pursue sale

SAN FRANCISCO, Dec 8 (Reuters) - The parent company of the Boston Herald filed for Chapter 11 bankruptcy on Friday and will look to sell the newspaper to Gatehouse Media LLC, a move that underscores the hard times facing traditional print journalism.

cnn.com

For US evangelicals, Jerusalem is about prophecy, not politics

As I watched Donald Trump announce that the United States would recognize Jerusalem as Israel's capital and move our embassy to that city, I could only think of one thing: my high school youth group Bible study.

companyNews reuters.com

BRIEF-Leap Therapeutics Files For Resale Of Up To 3.73 Mln Shares Of Co's Common Stock By Selling Stockholders

* LEAP THERAPEUTICS INC FILES FOR RESALE OF UP TO 3.73 MILLION SHARES OF CO'S COMMON STOCK BY THE SELLING STOCKHOLDERS - SEC FILING Source text: (http://bit.ly/2jdjIfs) Further company coverage:

businessNews reuters.com

PepsiCo to move to Nasdaq after nearly a century with NYSE

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

companyNews reuters.com

BRIEF-Skyline Medical Files For Resale Of Up To 1.9 Mln Shares By Selling Stockholder

* SKYLINE MEDICAL INC FILES FOR RESALE OF UP TO 1.9 MILLION SHARES OF CO'S COMMON STOCK BY THE SELLING STOCKHOLDER - SEC FILING Source text: (http://bit.ly/2BQ55m2) Further company coverage:

businessNews reuters.com

Apple's Ive returns to helm of design teams

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

companyNews reuters.com

BRIEF-CorMedix Enters Amendment To Existing Sales Agreement With B. Riley FBR To Replace MLV & Co As Sales Agent

* CORMEDIX SAYS ENTERED AMENDMENT TO EXISTING SALES AGREEMENT WITH B. RILEY FBR, INC. TO REPLACE MLV & CO. LLC AS SALES AGENT - SEC FILING

businessNews reuters.com

Delta Air Lines cancels hundreds of flights due to winter storm

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

businessNews reuters.com

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

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

businessNews reuters.com

Macy's Terry Lundgren to retire as chairman in January

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-S&W Seed Enters Fourth Amendment To Asset Purchase, Sale Agreement With Pioneer Hi-Bred

* S&W SEED CO SAYS ON DEC 4, 2017, ENTERED INTO FOURTH AMENDMENT TO ASSET PURCHASE AND SALE AGREEMENT WITH PIONEER HI-BRED INTERNATIONAL - SEC FILING

businessNews reuters.com

Wall Street closes higher after payrolls report

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

topNews reuters.com

Two dead in 'Day of Rage' over Jerusalem, Palestinian president defiant

JERUSALEM/GAZA (Reuters) - At least two people were killed in clashes with Israeli troops on Friday when thousands of Palestinians demonstrated against U.S. President Donald Trump's recognition of Jerusalem as Israel's capital and the Palestinian president said Washington could no longer be a peace broker.

businessNews reuters.com

Bitcoin drops after dramatic gains ahead of futures launch

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

Security Council (UN) nytimes.com

U.S. Faces Withering Criticism at U.N. Over Jerusalem Decree

The denunciations on the 15-member United Nations Security Council left the United States isolated. But other than venting frustration, it is unclear what the council can do.

businessNews reuters.com

November payrolls report lifts Wall Street

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

businessNews reuters.com

Trump says fines against Wells Fargo could be increased

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

worldNews reuters.com

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

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

companyNews reuters.com

BRIEF-Stanley Furniture Says Board Voted To Decrease Number Of Directors By One - SEC Filing‍​

* STANLEY FURNITURE COMPANY - BOARD VOTED TO DECREASE NUMBER OF DIRECTORS BY ONE EFFECTIVE UPON GLENN PRILLAMAN’S RESIGNATION - SEC FILING‍​

companyNews reuters.com

Venezuela's oil sales to U.S. fell in Nov to lowest level since 2003

HOUSTON, Dec 8 (Reuters) - Venezuela's crude oil exports to the United States fell in November to their lowest level since January 2003, when a strike knocked down the country's output, due to sanctions and a steep production decline, according to Reuters data.

businessNews reuters.com

Bitcoin tumbles after dramatic gains ahead of futures launch

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

businessNews reuters.com

Wall Street gains on robust Nov. hiring data

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

businessNews reuters.com

Ahead of Canada fighter jet announcement, Boeing looks to future

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

topNews reuters.com

One dead, scores hurt in Palestinian 'Day of Rage' over Jerusalem

JERUSALEM/GAZA (Reuters) - Thousands of Palestinians demonstrated, scores were hurt and at least one killed in clashes with Israeli troops on a "Day of Rage" against U.S. President Donald Trump's recognition of Jerusalem as Israel's capital.

businessNews reuters.com

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

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

businessNews reuters.com

EU regulators to warn Bayer about Monsanto bid: source

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

businessNews reuters.com

Steinhoff shares climb off 14-year low in volatile trade

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

businessNews reuters.com

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

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

businessNews reuters.com

Wall Street rises as jobs data shows strength in economy

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

businessNews reuters.com

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

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

businessNews reuters.com

CVS expects Justice Department to handle review of Aetna deal

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

companyNews reuters.com

UPDATE 1-CVS expects U.S. Justice Department to handle review of Aetna deal

WASHINGTON, Dec 7 (Reuters) - CVS Health Corp expects the U.S. Justice Department to do the antitrust review of its planned acquisition of health insurer Aetna Inc, a spokesman for the drugstore chain operator said.

businessNews reuters.com

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

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

companyNews reuters.com

CVS expects U.S. Justice Department to handle review of Aetna deal

WASHINGTON, Dec 7 (Reuters) - U.S. drugstore chain operator CVS Health Corp expects the Justice Department to do the antitrust review of its planned acquisition of health insurer Aetna Inc, a spokesman said.

businessNews reuters.com

Strong jobs data lifts Wall Street higher

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

topNews reuters.com

Scores injured, one dead as Palestinians hold 'Day of Rage' over Jerusalem

JERUSALEM/GAZA (Reuters) - Thousands of Palestinians demonstrated, scores were hurt and at least one killed in clashes with Israeli troops on a "day of rage" on Friday against U.S. President Donald Trump's recognition of Jerusalem as Israel's capital.

companyNews reuters.com

BRIEF-Intercontinental Exchange Announces Election Of Sharon Bowen To ICE Board Of Directors

* INTERCONTINENTAL EXCHANGE ANNOUNCES ELECTION OF SHARON BOWEN TO ICE BOARD OF DIRECTORS

businessNews reuters.com

Strong U.S. jobs growth data lifts Wall Street

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

businessNews reuters.com

After dramatic gains, bitcoin tumbles 20 percent in 10 hours

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

cnn.com

Tillerson: Jerusalem embassy move probably won't happen this year or next

Secretary of State Rex Tillerson said Friday that moving the US Embassy from Tel Aviv to Jerusalem "is not something that is going to happen this year, probably not next year."

companyNews reuters.com

BRIEF-Aevi Genomic Medicine Files For Resale Of Up To 26.2 Mln Shares Of Co's Common Stock By Selling Stockholders

* AEVI GENOMIC MEDICINE INC FILES FOR RESALE OF UP TO 26.2 MILLION SHARES OF CO'S COMMON STOCK BY SELLING STOCKHOLDERS - SEC FILING Source text - http://bit.ly/2kEddlX Further company coverage:

businessNews reuters.com

Singapore's ComfortDelGro buys majority stake in Uber unit

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

businessNews reuters.com

Stock futures add to gains on strong November jobs data

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Lloyd's of London pushes ahead with Brexit plans

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

businessNews reuters.com

Brexit deal helps U.S. futures bounce

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

worldNews reuters.com

Palestinians, Muslims worldwide hold 'Day of Rage' over Jerusalem

JERUSALEM (Reuters) - Thousands of Palestinians protested in a "day of rage" on Friday in the occupied West Bank, Gaza and in East Jerusalem against U.S. President Donald Trump's recognition of the ancient city as Israel's capital.

businessNews reuters.com

Steinhoff shares bounce off 14-year low in volatile trade

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

Defense and Military Forces nytimes.com

Tensions Build in Jerusalem and Beyond Over Trump Declaration

Security forces braced for more demonstrations against the U.S. decision to recognize the city as Israel’s capital.

businessNews reuters.com

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

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

businessNews reuters.com

VW says halts multivan deliveries amid emissions 'uncertainties'

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Pearson Plc Appoints Michael Lynton To Board Of Directors

* APPOINTS MICHAEL LYNTON, CHAIRMAN OF SNAPCHAT AND FORMER CHAIRMAN AND CEO OF SONY ENTERTAINMENT TO BOARD OF DIRECTORS

businessNews reuters.com

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

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

cnn.com

Avocados: History of an unlikely health food craze

From California to Manila, avocados are a common ingredient on restaurant menus around the world.

worldNews reuters.com

Israel allows Jerusalem mosque access despite Palestinian 'day of rage'

JERUSALEM (Reuters) - Israeli police preparing for a Palestinian "day of rage" increased their presence in Jerusalem on Friday but set no extra restrictions on access for worshippers at the flashpoint Al Aqsa Mosque, saying they had no indication of unrest there.

worldNews reuters.com

The last hours of Yemen's Saleh

DUBAI (Reuters) - A day before they killed Yemen's former president, gunmen from the Iran-aligned Houthi militia group overran one of Ali Abdullah Saleh’s fortified compounds in Sanaa.

businessNews reuters.com

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

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

businessNews reuters.com

Asia cheers China trade boost, bitcoin comes off heady heights

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

worldNews reuters.com

Thousands of Muslims in Asia protest against Trump's Jerusalem plan

JAKARTA/KUALA LUMPUR (Reuters) - Thousands of protesters in Muslim-majority Indonesia and Malaysia joined rallies on Friday to condemn Washington's decision to recognize Jerusalem as Israel's capital, as authorities tightened security outside U.S. embassies.

businessNews reuters.com

Volkswagen recalls 30,777 cars in Russia: standards agency

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

businessNews reuters.com

Kobe Steel's copper plant loses JIS certification - government

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

nytimes.com

Europe Edition: Jerusalem, California, Johnny Hallyday: Your Friday Briefing

Here’s what you need to know to start your day.

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-TSMC's Nov sales up 0.1 pct y/y

Dec 8 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd :

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.

businessNews reuters.com

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

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

businessNews reuters.com

Asia gets China trade boost, bitcoin shoots for the stars

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

JPMorgan's Dimon taking customer pricing hints from Amazon

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

businessNews reuters.com

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

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

businessNews reuters.com

Japanese shares rally, bitcoin shoots for the moon

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

State Children's Health Insurance Program (S-CHIP) nytimes.com

Op-Ed Contributors: Please Save Kids’ Health Care

A bipartisan group of state governors warns of the consequences of failing to reauthorize CHIP, the Children’s Health Insurance Program.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Hilton says tax cut would finance share buybacks

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

healthNews reuters.com

Antibiotics sales for use in U.S. farm animals dropped in 2016: FDA

CHICAGO (Reuters) - The sale and distribution of antibiotics approved for use in food-producing animals in the United States decreased by 10 percent from 2015 to 2016, a U.S. Food and Drug Administration (FDA) report said on Thursday.

Palestinians nytimes.com

Nearly Every Former U.S. Ambassador to Israel Disagrees With Trump’s Jerusalem Decision

All but two of the 11 former envoys said the decision — a departure from seven decades of U.S. policy — was foolish and even dangerous.

companyNews reuters.com

BRIEF-Farrow Elected To WEC Energy Group Board Of Directors

* FARROW ELECTED TO WEC ENERGY GROUP BOARD OF DIRECTORS Source text for Eikon: Further company coverage:

businessNews reuters.com

Goldman Sachs to clear bitcoin futures: spokeswoman

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

businessNews reuters.com

Wall Street rising: Facebook, Alphabet, Lululemon gain

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

companyNews reuters.com

BRIEF-Advanced Disposal Announces A Change To Its Board Of Directors

* ADVANCED DISPOSAL ANNOUNCES A CHANGE TO ITS BOARD OF DIRECTORS AS IT CONTINUES TO ENHANCE BOARD INDEPENDENCE

businessNews reuters.com

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

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

businessNews reuters.com

AT&T/Time Warner antitrust trial set for March

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

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.

businessNews reuters.com

Wall Street rising: Facebook, Alphabet gain

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

businessNews reuters.com

Morgan Stanley fires former lawmaker for misconduct

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

nytimes.com

Asia and Australia Edition: Jerusalem, Al Franken, Los Angeles: Your Friday Briefing

Here’s what you need to know to start your day.

Israel nytimes.com

What Does Jerusalem Mean to You?

The Times would like to hear your stories about your family’s life in Jerusalem or about your own visits or life there.

cnn.com

Trump's Jerusalem decision puts the Middle East on knife's edge

Donald Trump's announcement, on recognizing Jerusalem as the capital of Israel and moving the US Embassy to the Holy City, appeared, at least on the surface, chiefly ceremonial.

businessNews reuters.com

LendingClub shares take a hit from disappointing forecast

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

companyNews reuters.com

Potash CEO meets with Chilean government amid stake sale

SANTIAGO, Dec 7 (Reuters) - Potash Corp of Saskatchewan Chief Executive Officer Jochen Tilk met on Thursday with authorities in Chile as the Canadian fertilizer company tries to divest its minority stake in Chilean lithium miner SQM ahead of its proposed merger with rival Agrium Inc .

businessNews reuters.com

Wall Street higher as technology stocks gain ground

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

businessNews reuters.com

New York pension fund seeks more pay disclosure from Wells Fargo

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

topNews reuters.com

Hamas calls for Palestinian uprising over Trump's Jerusalem plan

JERUSALEM/GAZA (Reuters) - The Islamist group Hamas urged Palestinians on Thursday to abandon peace efforts and launch a new uprising against Israel in response to U.S. President Donald Trump's recognition of Jerusalem as its capital.

companyNews reuters.com

BRIEF-J&J considers sale of anti-dandruff shampoo Nizoral - Bloomberg

* J&J CONSIDERS SALE OF ANTI-DANDRUFF SHAMPOO NIZORAL- BLOOMBERG,CITING SOURCES‍​

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.

businessNews reuters.com

Honeywell to buy 25 percent of Chinese supply chain software firm

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

businessNews reuters.com

Uber's license suspended in British city of Sheffield

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

businessNews reuters.com

Ford to test new self-driving vehicle technology in 2018

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

businessNews reuters.com

Budweiser maker Anheuser-Busch reserves 40 Tesla electric trucks

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

businessNews reuters.com

Technology stocks lead Wall Street's rise

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

businessNews reuters.com

Key to Pandora's turnaround: a better advertising platform

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

cnn.com

Protests break out after Trump's Jerusalem decision

The leader of the Palestinian Islamist group Hamas has called for a new "intifada," or uprising, as protests broke out in Jerusalem, Ramallah and Bethlehem following US President Donald Trump's decision to recognize Jerusalem as the capital of Israel.

Palestinians nytimes.com

Palestinians Vent Their Anger After Trump’s Jerusalem Declaration

Amid predictions of violence and calls by Hamas for a new intifada, protesters in the West Bank and Gaza clashed with Israeli forces.

businessNews reuters.com

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

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

businessNews reuters.com

Broadcom helps lift Nasdaq; S&P, Dow slip

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Molina Healthcare - On Dec 4 Co Entered Commitment Letter With Suntrust Bank And SunTrust Robinson Humphrey

* MOLINA HEALTHCARE - ON DEC 4 CO ENTERED COMMITMENT LETTER WITH SUNTRUST BANK AND SUNTRUST ROBINSON HUMPHREY - SEC FILING

businessNews reuters.com

Apple suppliers gain after Broadcom hint on iPhone

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

businessNews reuters.com

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

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

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.

companyNews reuters.com

BRIEF-Vince Holding Q3 Sales Rose 4.1 Percent To $79.1 Million

* - NET INVENTORY AT END OF Q3 OF FISCAL 2017 WAS $51.4 MILLION COMPARED TO $34.4 MILLION AT END OF Q3 OF FISCAL 2016

companyNews reuters.com

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

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

businessNews reuters.com

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

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

cnn.com

Protests erupt over Trump's Jerusalem decision

CNN's Ian Lee reports from Ramallah in the West Bank as protesters respond to President Trump's Jerusalem decision.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

Kiwi.com shareholders test market for possible sale

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

The Daily nytimes.com

The Daily: Listen to ‘The Daily’: Arab Anger and Resignation Over Jerusalem

The Palestinian issue seems to no longer be at the top of the agenda for many Arab leaders. Also, what it’s like to visit the Saudi crown prince.

businessNews reuters.com

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

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

topNews reuters.com

Hamas calls for Palestinian uprising in response to Trump's Jerusalem plan

JERUSALEM/GAZA (Reuters) - The Islamist group Hamas urged Palestinians on Thursday to abandon peace efforts and launch a new uprising against Israel in response to U.S. President Donald Trump's recognition of Jerusalem as its capital.

Palestinians nytimes.com

Op-Ed Contributor: Trump Is Making a Huge Mistake on Jerusalem

It’s not too late to reverse it.

businessNews reuters.com

GE proposes to cut 1,600 jobs in Germany

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

businessNews reuters.com

Toymaker Lego wins Chinese copyright case against brick imitators

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

cnn.com

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

businessNews reuters.com

Alibaba, Ford to cooperate in search for new retail opportunities

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

Noah, Trevor (1984- ) nytimes.com

Best of Late Night: Trevor Noah Slams Donald Trump for Jerusalem Decision

Mr. Noah compared recognizing Jerusalem as Israel’s capital to moving into an ex-girlfriend’s apartment building. “It’s not technically illegal,” he said — but it’s a bad idea.

cnn.com

Colbert: Trump can't locate Jerusalem on map

Late night comedians roasted President Donald Trump for his decision to recognize Jerusalem as Israel's capitol and his plan to move the US Embassy there.

businessNews reuters.com

Alibaba to cooperate with Ford Motor for new retail opportunities

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Bitcoin to start futures trading, stoking Wild West worries

NEW YORK (Reuters) - Bitcoin fans are salivating over the potential of long-awaited legitimacy for the cyptocurrency when futures trading launches this weekend, but experts worry the risks associated with bitcoin's Wild West-like nature could overshadow the debut.

nytimes.com

Europe Edition: Jerusalem, Russia, Volkswagen: Your Thursday Briefing

Here’s what you need to know to start your day.

Palestinians nytimes.com

In the Arab World, the Rallying Cry of Jerusalem May Have Lost Its Force

The U.S. recognition of Jerusalem as Israel’s capital deals a blow to an aspiration of the Arab world. But for many Arab leaders, the issue has been displaced by other priorities.

businessNews reuters.com

Breaking slow: Asia set to raise rates next year, but still lag Fed

HONG KONG (Reuters) - Tighter monetary policy is coming to Asia next year. Yet it will lag the Federal Reserve's rate hikes as Asian central banks balance an exports-led revival in growth with a slowdown in regional locomotive China.

businessNews reuters.com

Digital currency exchange NiceHash says bitcoin worth nearly $64 million hacked

(Reuters) - Cryptocurrency marketplace NiceHash said the contents of its bitcoin wallet had been stolen in a security breach and one executive said nearly $64 million had been lost.

businessNews reuters.com

Asia shares hover near 2-month low as growth, U.S. policy risks weigh

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

United States Politics and Government nytimes.com

Tax Bill Is Likely to Undo Health Insurance Mandate, Republicans Say

House Republicans are embracing the Senate’s repeal of the health law’s mandate that most people have insurance, but they are not buying a side deal to stabilize insurance markets.

companyNews reuters.com

Alaskan oil lease sale brings few bids despite vast territory offered

ANCHORAGE, Alaska, Dec 6 (Reuters) - An oil-and-gas lease sale that raised concerns with environmentalists due to the vast amount of acres offered in Arctic Alaska drew few bids on Wednesday, government officials said.

topNews reuters.com

Trump recognizes Jerusalem as Israel's capital, reversing longtime U.S. policy

WASHINGTON/JERUSALEM (Reuters) - President Donald Trump on Wednesday reversed decades of U.S. policy and recognized Jerusalem as the capital of Israel, imperiling Middle East peace efforts and upsetting the Arab world and Western allies alike.

businessNews reuters.com

Air New Zealand cancels flights after "events" involving Rolls-Royce engines

(Reuters) - Air New Zealand Ltd said on Thursday "two recent events" involving Rolls-Royce Holdings PLC Trent 1000 engines had prompted it to cancel and delay some international flights over the coming weeks, making it the latest airline to experience problems.

United States International Relations nytimes.com

For Trump, an Embassy in Jerusalem Is a Political Decision, Not a Diplomatic One

The president seemed to relish playing a familiar role: the political insurgent, defying foreign policy orthodoxy on behalf of the people who elected him.

worldNews reuters.com

Exclusive: U.S. asks Israel to restrain response to Jerusalem move - document

WASHINGTON (Reuters) - The United States is asking Israel to temper its response to the U.S. recognition of Jerusalem as its capital because Washington expects a backlash and is weighing the potential threat to U.S. facilities and people, according to a State Department document seen by Reuters on Wednesday.

businessNews reuters.com

Asia shares hover near two-month low as growth, U.S. policy risks sap sentiment

TOKYO (Reuters) - Asian shares held close to a two-month low on Thursday as softer oil and copper as well as U.S. policy uncertainty kept sentiment in check, while high-tech stocks struggled to recover after a searing sell-off.

businessNews reuters.com

Bitcoin rises above $14,000 on Bitstamp to record high

TOKYO (Reuters) - Bitcoin soared to a record high of $14,047.40 on Thursday, continuing its surge from below $1,000 at the beginning of the year.

Jews and Judaism nytimes.com

Praise and Alarm From American Jews Over Trump’s Jerusalem Move

While some Jewish leaders welcomed recognition of Jerusalem as Israel’s capital, many worried that the step would inflame tensions and make peace in the Middle East even harder to achieve.

businessNews reuters.com

VW executive gets seven years for U.S. emissions fraud

DETROIT (Reuters) - A U.S.-based Volkswagen AG executive who oversaw emissions issues was sentenced to seven years in prison and fined $400,000 by a judge on Wednesday for his role in a diesel emissions scandal that has cost the German automaker as much as $30 billion.

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.

businessNews reuters.com

Exclusive: Uber paid 20-year-old Florida man to keep data breach secret - sources

SAN FRANCISCO/WASHINGTON (Reuters) - A 20-year-old Florida man was responsible for the large data breach at Uber Technologies Inc last year and was paid by Uber to destroy the data through a so-called "bug bounty" program normally used to identify small code vulnerabilities, three people familiar with the events have told Reuters.

topNews reuters.com

Trump recognizes Jerusalem as Israel's capital, defying allies, foes

WASHINGTON/JERUSALEM (Reuters) - President Donald Trump on Wednesday reversed decades of U.S. policy and recognized Jerusalem as the capital of Israel, imperiling Middle East peace efforts and upsetting Washington's friends and foes alike.

nytimes.com

Jerusalem, Franken, Wildfires: Your Wednesday Evening Briefing

Here’s what you need to know at the end of the day.

businessNews reuters.com

Surging online orders slow Wal-Mart delivery network

SEATTLE/CHICAGO (Reuters) - Wal-Mart Stores Inc said on Wednesday that soaring online purchases have caused delays in its distribution network, reflecting the challenge retailers and delivery services face in handling strong peak-season ecommerce demand.

topNews reuters.com

Trump recognizes Jerusalem as Israel's capital, defying allies and foes

WASHINGTON/JERUSALEM (Reuters) - President Donald Trump reversed decades of U.S. policy on Wednesday and recognized Jerusalem as the capital of Israel, effectively taking sides in one of the thorniest issues in the Mideast dispute and upsetting Washington's friends and foes alike.

topNews reuters.com

Arabs, Europe, U.N. reject Trump's recognition of Jerusalem as Israeli capital

LONDON (Reuters) - Arabs and Muslims across the Middle East on Wednesday condemned the U.S. recognition of Jerusalem as Israel's capital as an incendiary move in a volatile region and Palestinians said Washington was ditching its leading role as a peace mediator.

businessNews reuters.com

Disney CEO likely to extend tenure if Fox deal happens: WSJ

(Reuters) - Walt Disney Co Chief Executive Bob Iger will likely extend his tenure past 2019 to facilitate integration of Twenty-First Century Fox Inc assets if a deal is completed, the Wall Street Journal reported on Wednesday.