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Novartis generics arm says may sell or end some products

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

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Wall Street rises at open as technology stocks gain

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

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

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

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Want cheaper British car insurance? Mind how you shop

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

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EU warns British airlines on post-Brexit flying

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

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Sports Direct shareholders veto payment to brother of founder Mike Ashley

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

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

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

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

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

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Airbus leadership under fire as crisis deepens

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

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

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

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

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

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

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

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Bon Jovi, Nina Simone among five Rock Hall of Fame inductees

LOS ANGELES (Reuters) - "Livin' on a Prayer" rockers Bon Jovi, British bands Dire Straits and the Moody Blues, the late Nina Simone and The Cars will be inducted into the Rock & Roll Hall of Fame, organizers said on Wednesday.

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

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

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

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

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Trump to make final tax push as Republican negotiators near deal

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

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VW bank expects profit rise in 2017 despite diesel scandal

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

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Shares eye record high as Fed heads for hat-trick

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

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

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

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

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

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Manhattan luxury condo sales skew apartment prices: survey

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

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

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

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

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

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Oil recovers on big U.S. crude stock drawdown

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

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Asian shares flat, Fed hike expectations underpin dollar

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

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Uber picks new head for Indonesia business

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

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BRIEF-Khalkos Says Jacques Levesque Appointed CFO

* KHALKOS ANNOUNCES THE RESULTS OF ITS GENERAL MEETING OF THE SHAREHOLDERS AND THE APPOINTMENT OF A NEW CFO

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

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

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

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

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S&P, Dow rise with help from banks, Nasdaq lags

(Reuters) - Wall Street stocks were higher on Tuesday afternoon with the biggest boost from the financial sectors as investors bet on strong economic growth a day ahead of the U.S. Federal Reserve's widely-expected hike in interest rates.

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Oil drops after rally on pipeline outage; Brent premium narrows

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

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

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

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Airbus CEO Enders will not seek a third mandate: Figaro

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

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Tezos director resigns, sowing more uncertainty at crypto startup

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

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Twitter to let users make tweet threads more easily

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

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S&P, Dow at record levels as Boeing, bank stocks gain

(Reuters) - The S&P and the Dow hit record levels in early afternoon trading on Tuesday as Boeing rose and bank stocks gained ahead of a near certain move by the Federal Reserve to raise interest rate.

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EU sends stark warning to airlines on post-Brexit flying

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

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

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

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

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

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Boeing, bank stocks lift Dow, S&P; techs drag on Nasdaq

(Reuters) - The S&P 500 and the Dow advanced in late morning trade on Tuesday as Boeing's shares hit a record and bank stocks rose ahead of a near certain move by the Federal Reserve to raise interest rate.

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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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Boeing, bank stocks lift Dow, techs weigh on S&P, Nasdaq

(Reuters) - The Dow Jones Industrial Average edged higher on Tuesday, with a 3 percent jump in shares of Boeing and rise in financial stocks, while losses in technology stocks weighed on the S&P 500 and the Nasdaq.

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Xerox 'desperately' needs new leadership, Icahn says

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

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Dow opens higher; Fed's rate hike in focus

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

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

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

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

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

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German watchdog recalls VW Touaregs over defeat devices

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

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

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

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German watchdog orders recall of 57,600 VW Touareg SUVs

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

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

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

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

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

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Sanofi investors hungry for drug progress and deal news

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

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German pilots union steps up pressure on Ryanair with strike call

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

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

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

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

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

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German pilots union calls for strikes at Ryanair in Germany

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

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

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

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BRIEF-Steve Laut To Become Executive Vice Chairman of Canadian Natural Resources

* DARREN FICHTER, CURRENTLY EVP OF CANADIAN CONVENTIONAL TO BE PROMOTED TO COO, E&P

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Oil prices jump on pipeline outage, stocks take breather

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

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Exclusive: South Africa's Steinhoff considers sale of PSG, KAP stakes to lift liquidity -sources

JOHANNESBURG/ FRANKFURT (Reuters) - South Africa's Steinhoff is considering selling stakes worth a combined $1.4 billion in local companies PSG Group and KAP Industrial to help plug a liquidity gap at the retailer, two sources familiar with the matter said.

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Audi CEO drops plan to sell motorcycle brand Ducati

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

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

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

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

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

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

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

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

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

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Singapore's electric car-sharing program hits the road

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

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

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

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

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

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

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

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

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

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Asia shares take breather, Brent breaks above $65

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

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

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

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Brent crude prices near 2015 high after North Sea pipeline disruption

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

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

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

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Asia wagers global cheer will outlive Fed tightening

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

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Uber fights ban on cash payments in Mexican state

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

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

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

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

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

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

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

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

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

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Bitcoin futures suggest breakneck rise in price to slow

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

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Wall Street ends higher with help from tech, energy

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

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Wall Street rises with help from technology, energy sectors

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

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New bitcoin futures suggest breakneck price gains to slow

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

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

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

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

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

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Wall Street higher as technology, energy stocks gain

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

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Ryanair pilots in Dublin vote in favor of industrial action

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

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Wall Street ticks higher as New York explosion worries wane

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

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UBS leads blockchain data reporting pilot ahead of new EU rules

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

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Newly minted bitcoin futures indicate more modest growth ahead

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

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

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

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

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

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

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

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

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

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

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

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Lighthizer says WTO losing focus, must rethink development

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

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First round of Volkswagen pay talks end without deal

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

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S&P, Dow flat after Port Authority explosion

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

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Icahn nominates four directors to Xerox's board

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

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Futures inch up, bitcoin grabs investor interest

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

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Icahn makes four nominations for Xerox board

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

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Hotly anticipated bitcoin futures ease off after 22 percent surge

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

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Uber's London license appeal to be heard next year

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

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

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

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Carrefour's Brazilian unit elects Malige as chairman

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

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India's Rahul Gandhi appointed president of Congress party

NEW DELHI (Reuters) - India's main opposition party Congress on Monday appointed Rahul Gandhi, the scion of the country's most fabled political dynasty, as its president, the party announced.

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

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

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Bitcoin futures steal spotlight, momentum keeps pushing stocks up

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

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BRIEF-Steinhoff Chairman Wiese Is In Talks With Lenders To Seek Standstill On A 1.5 Bln-Euro Margin Loan- Bloomberg

* STEINHOFF CHAIRMAN CHRISTO WIESE IS IN TALKS WITH LENDERS TO SEEK A STANDSTILL ON A 1.5 BILLION-EURO MARGIN LOAN - BLOOMBERG, CITING SOURCES

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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.

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

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

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

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

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Bitcoin futures surge past $17,000 on launch day

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

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

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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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."

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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).

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

cnn.com

Ethics Committee clears Intelligence Chairman Devin Nunes

The House Ethics Committee has cleared Intelligence Chairman Devin Nunes in its investigation into whether he disclosed classified information to the Trump White House, which could create an avenue for Nunes to return to the helm of the panel's Russia investigation.

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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.

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House Intelligence chairman cleared of disclosing classified information

WASHINGTON (Reuters) - The U.S. House of Representatives Ethics Committee on Thursday cleared the chairman of the House Intelligence Committee of charges that he had disclosed classified information, potentially clearing the way for him to resume leadership of the panel's Russia investigation.

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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.

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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.

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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.

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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.

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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.

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House ethics panel clears Intelligence chairman of disclosing classified information

WASHINGTON (Reuters) - The U.S. House of Representatives Ethics Committee said on Thursday it had cleared the chairman of the House Intelligence Committee of disclosing classified information, citing an analysis by three experts from the intelligence community.

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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.

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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.

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Canada's Rogers Communications says chairman to step down Jan 1

TORONTO, Dec 7 (Reuters) - Canada's Rogers Communications Inc said on Thursday that the chairman of its board, Alan Horn, will step down effective Jan. 1 and be replaced by Edward Rogers, the company's current deputy chair and son of founder Ted Rogers.

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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.

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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.

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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.

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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.

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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.

cnn.com

Franken accusers disappointed he still denies some actions

In the wake of Democratic Sen. Al Franken's resignation, some of his accusers of sexual misconduct told CNN they are disappointed with his defense of the allegations, saying he shouldn't have continued to dismiss them.

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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.

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MOVES-James Moir appointed to Jupiter UK equities team

Dec 7 (Reuters) - Jupiter Asset Management has appointed James Moir as equities analyst to its UK Growth Strategy.

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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.

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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.

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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.

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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.

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U.S. energy office gets new chairman as nuclear, coal vote looms

WASHINGTON (Reuters) - A new chairman was sworn in on Thursday at the Federal Energy Regulatory Commission who will lead the agency as it considers a directive from the administration of U.S. President Donald Trump to subsidize ailing coal and nuclear power plants.

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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.

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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.

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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.