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

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

businessNews reuters.com

Renault revives Alpine production with 6,000-car capacity

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

businessNews reuters.com

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

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

companyNews reuters.com

UPDATE 3-Bombardier's 2018 revenue forecast disappoints, shares fall

* Shares down 1.9 pct ahead of investor day at 3:00 p.m. ET (Adds analysts' estimate and comment, background and shares)

businessNews reuters.com

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

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

businessNews reuters.com

Wall Street climbs as tax reform enters last lap

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

companyNews reuters.com

BRIEF-Casa Systems Sees IPO Of 6 Million Shares Of Its Common Stock Priced At $13 Per Share

* CASA SYSTEMS INC SEES IPO OF 6 MILLION SHARES OF ITS COMMON STOCK PRICED AT $13.00 PER SHARE - SEC FILING

politicsNews reuters.com

Alabama Senate race winner urges Republican rival to 'move on'

WASHINGTON (Reuters) - Alabama Democrat Doug Jones, who won a bitter fight for a U.S. Senate seat this week, called on his Republican opponent to concede the race and help heal the Southern state after a deeply divisive contest.

businessNews reuters.com

Volkswagen says some employees cooperated with Brazil's military regime

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

businessNews reuters.com

Wall Street opens higher as bank stocks gain

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

businessNews reuters.com

Record number of Americans to travel during Christmas holiday: AAA

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

businessNews reuters.com

Delta Air Lines to place order for Airbus jets

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

businessNews reuters.com

Global stocks edge up amid central bank bonanza

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

Lebanon approves offshore oil, gas exploration bid - source

BEIRUT, Dec 14 (Reuters) - Lebanon's cabinet approved a bid on Thursday for offshore energy exploration by a consortium made up of France's Total, Italy's ENI and Russia's Novatek, in the country's first oil and gas offshore licensing round, a government source said.

businessNews reuters.com

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

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

companyNews reuters.com

UPDATE 1-UK nuclear regulator approves Hitachi-GE reactor design

LONDON, Dec 14 (Reuters) - Britain's nuclear regulator has approved Hitachi-GE's reactor design, paving the way for it to be used in Horizon's planned new nuclear project in Britain.

businessNews reuters.com

Norwegian Air ramps up transatlantic fare war with four new routes

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

environmentNews reuters.com

ADB approves $506 mln loan to improve air quality in China

BEIJING (Reuters) - The Asian Development Bank [ADB.UL] (ADB) approved a third loan, worth 428 million euros ($506 million), to help improve air quality in China's smoggiest region of Beijing-Tianjin-Hebei, it said in a statement on Thursday.

businessNews reuters.com

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

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

businessNews reuters.com

European stocks, euro dip as central banks dominate

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

companyNews reuters.com

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

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

businessNews reuters.com

UK retailers enjoy bumper Black Friday sales

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

businessNews reuters.com

UK retailers enjoy bumper Black Friday sales: ONS

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

companyNews reuters.com

UPDATE 1-Banks drag European shares down as investors await Draghi

* Wind turbine makers boosted by U.S. tax development (ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets)

technologyNews reuters.com

Atos shares fall 2.8 percent after Gemalto rejects takeover bid

PARIS (Reuters) - Shares in Atos fell as much as 2.8 percent early on Thursday after Franco-Dutch chip maker Gemalto rejected its 4.3 billion euro ($5 billion) takeover bid.

companyNews reuters.com

UPDATE 1-Atos shares fall 2.8 pct after Gemalto rejects takeover bid

PARIS, Dec 14 (Reuters) - Shares in Atos fell as much as 2.8 percent early on Thursday after Franco-Dutch chip maker Gemalto rejected its 4.3 billion euro ($5 billion) takeover bid.

companyNews reuters.com

Atos shares fall 2.8 pct at open after Gemalto rejects takeover bid

PARIS, Dec 14 (Reuters) - Shares in Atos fell 2.8 percent early on Thursday after Franco-Dutch chip maker Gemalto rejected its takeover bid.

companyNews reuters.com

Banks drag European shares down as investors eye BoE, ECB meetings

LONDON, Dec 14 (Reuters) - Weakness in bank stocks dragged European shares to a downbeat open on Thursday as financial sectors caught the cold from U.S. and Asian trading which suffered from a less hawkish than expected tone from the U.S. Federal Reserve.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

Nikkei slips, telecom shares slump on Rakuten market entry plan

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

businessNews reuters.com

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

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

businessNews reuters.com

Airbus executive says considering cuts to A380 production, still undecided

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

companyNews reuters.com

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

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

companyNews reuters.com

BRIEF-Proteostasis Therapeutics Prices Public Offering Of 8 Mln Shares At $5/Share

* PROTEOSTASIS THERAPEUTICS PRICES PUBLIC OFFERING OF COMMON STOCK

worldNews reuters.com

Mexico Senate committees pass controversial security bill

MEXICO CITY (Reuters) - Mexican Senate committees on Wednesday approved a controversial security bill that human rights groups say risks granting excessive power to the armed forces in their already checkered role in combating organized crime in the country.

companyNews reuters.com

Taiwan's Hon Hai Precision plans to list unit's shares in Shanghai

TAIPEI, Dec 14 (Reuters) - Taiwan's Hon Hai Precision Industry Co, the world's largest contract electronics manufacturer, said it planned to list shares of a subsidiary in Shanghai.

businessNews reuters.com

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

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

politicsNews reuters.com

Trump's eldest son testifies to Senate committee in Russia probe

WASHINGTON (Reuters) - U.S. President Donald Trump's eldest son met with the U.S. Senate Intelligence Committee on Wednesday as part of the panel's investigation into Russia, the 2016 U.S. election and whether his father's election campaign colluded with Moscow.

companyNews reuters.com

BRIEF-Boulevard Acquisition Says Institutional Investors Agreed To Private Placement Of New Estre Shares For About $130 Mln

* BOULEVARD ACQUISITION CORP. II AND ESTRE AMBIENTAL S.A. TRANSACTION UPDATE

companyNews reuters.com

BRIEF-Mullen Group Approves 67 Pct Annual Dividend Hike To $0.60 Per Share​

* ‍BOARD HAS APPROVED A 67.0 PERCENT INCREASE IN ANNUAL DIVIDEND TO SHAREHOLDERS FROM $0.36 PER SHARE TO $0.60 PER SHARE​

businessNews reuters.com

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

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

businessNews reuters.com

Republicans forge tax deal, final votes seen next week

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

businessNews reuters.com

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

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

Net Neutrality nytimes.com

Ajit Pai Nears His Biggest Win With Net Neutrality Repeal

Erasing the Obama-era internet rules on Thursday would help secure Mr. Pai’s reputation as one of the most efficient F.C.C. leaders in decades.

Tax Credits, Deductions and Exemptions nytimes.com

Republican Tax Bill Overhauls Rules Many Were Counting On

The tax bills moving through Congress could penalize individuals for financial decisions they made based on longstanding law, affecting the financial situations of millions.

companyNews reuters.com

BRIEF-FDA Approves Pfizer's New Biosimilar To Remicade

* PFIZER INC - UNITED STATES FOOD AND DRUG ADMINISTRATION HAS APPROVED IXIFI AS A BIOSIMILAR TO REMICADE Source text for Eikon: Further company coverage:

companyNews reuters.com

CORRECTED-BRIEF-Hines Global REIT II Makes Second Public Offering Of Up To $2.50 Bln In Shares Of Its Stock

Dec 12 (Reuters) - Hines Global Reit II: HINES GLOBAL REIT II SAYS MAKING A SECOND PUBLIC OFFERING OF UP TO $2.50 BILLION IN SHARES OF ITS STOCK- SEC FILING

businessNews reuters.com

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

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

businessNews reuters.com

Dutch-Belgian supermarket to battle Amazon on two fronts

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

businessNews reuters.com

Delta may place order for 100 Airbus A321neo jets: sources

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

businessNews reuters.com

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

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

businessNews reuters.com

Ford to shift midsize sedan production out of Mexico: sources

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

cnn.com

Doug Jones got calls from Trump, Senate GOP

Senator-elect Doug Jones (D-AL) says he received a call from President Donald Trump to congratulate him following his victory, saying the call was "very gracious."

politicsNews reuters.com

Two Trump judicial nominations rebuffed by Senate

WASHINGTON (Reuters) - Two of President Donald Trump's judicial nominees will not be confirmed by the Republican-controlled U.S. Senate following criticism over controversial statements they made, a White House official said.

businessNews reuters.com

Wall Street mixed as financials drag after Fed rate hike

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

businessNews reuters.com

Fed lifts interest rates, keeps 2018 policy outlook unchanged

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

companyNews reuters.com

LPC: Banks provide US$650m of loans for SMG buyout

NEW YORK, Dec 13 (Reuters) - US venue management firm SMG's leveraged buyout by Canadian private equity firm Onex Corp will be backed by a US$650m loan package, according to two sources familiar with the matter.

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Jetblue Airways says To Repurchase Up To $750 mln Shares

* AUTHORIZED TO REPURCHASE UP TO $750 MILLION OF SHARES OF STOCK OVER TWO YEARS, BEGINNING JAN 1 Source text : (http://bit.ly/2C2ucSq) Further company coverage:

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Wall Street extends gains slightly after expected Fed rate hike

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

businessNews reuters.com

Lockheed Martin could beat Boeing in race to supply Canada jets

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

businessNews reuters.com

Fed raises interest rates, keeps 2018 policy outlook unchanged

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

politicsNews reuters.com

Minnesota lieutenant governor to replace Franken in Senate

(Reuters) - Minnesota's Democratic Lieutenant Governor Tina Smith was appointed as U.S. senator by the state's governor on Wednesday to replace Al Franken, who resigned after being accused of sexual harassment.

businessNews reuters.com

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

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

businessNews reuters.com

Industrial stocks drive Wall Street higher; Fed decision eyed

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

cnn.com

Republicans in House and Senate strike a deal on tax bill

House and Senate Republicans have struck a tentative deal on a tax bill Wednesday, a major step in ensuring the GOP majority is on its way to deliver an overhaul of the US tax system by the holidays.

businessNews reuters.com

Republicans reach deal on final tax legislation

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

companyNews reuters.com

LPC: Banks optimistic on 2018 US CLO volume with Wells Fargo predicting record year

NEW YORK, Dec 13 (Reuters) - Wells Fargo is predicting record US Collateralized Loan Obligation (CLO) fund issuance of US$125bn in 2018 with little in sight to derail 2017’s strong momentum. JP Morgan sees a smaller increase and Bank of America Merrill Lynch and Deutsche Bank expect issuance to match 2017’s robust volume.

cnn.com

Minnesota's Lt. Gov. to replace Al Franken in the Senate

Minnesota Lt. Gov. Tina Smith has been selected to replace Al Franken in the Senate.

politicsNews reuters.com

Trump's eldest son testifies to U.S. Senate committee in Russia probe

WASHINGTON (Reuters) - U.S. President Donald Trump's eldest son met with the U.S. Senate Intelligence Committee on Wednesday as part of the panel's investigation into Russia, the 2016 U.S. election and whether his father's election campaign colluded with Moscow.

businessNews reuters.com

Wall Street higher on tech gains; Fed decision awaited

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

businessNews reuters.com

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

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

PersonalFinance reuters.com

Grad students plead for mercy from U.S. tax overhaul

CHICAGO (Reuters) - Graduate student Mollie Marr is worried that the U.S. tax overhaul working its way through Congress will force her and many other fellow students to give up on their educations.

Sexual Harassment nytimes.com

Minnesota Lieutenant Governor to Replace Al Franken in Senate

The appointment followed weeks of debate over Mr. Franken’s fate. He announced he would resign last week after more women reported improper behavior.

businessNews reuters.com

Bitcoin fever exposes crypto-market frailties

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

politicsNews reuters.com

Top U.S. Senate Democrat hopeful Congress will help 'Dreamers' by year end

WASHINGTON (Reuters) - The top Democrat in the U.S. Senate said bipartisan negotiations to protect undocumented people who immigrated to the United States as children were making very good progress, and that he hoped a bill could clear Congress by year-end.

cnn.com

Analysis: The Senate is now very much in play in 2018

Doug Jones' stunning victory in Alabama on Tuesday night sent a very clear signal heading into the 2018 election: No Republican Senate seat is safe.

businessNews reuters.com

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

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

businessNews reuters.com

Novartis generics arm says may sell or end some products

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

businessNews reuters.com

Wall Street rises at open as technology stocks gain

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

worldNews reuters.com

Nigerian court drops most asset declaration charges against Senate president

(This version of the December 12th story corrects headline and paragraph one to remove references to corruption)

businessNews reuters.com

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

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

businessNews reuters.com

Want cheaper British car insurance? Mind how you shop

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

businessNews reuters.com

EU warns British airlines on post-Brexit flying

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

businessNews reuters.com

Sports Direct shareholders veto payment to brother of founder Mike Ashley

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

businessNews reuters.com

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

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

businessNews reuters.com

Airbus leadership under fire as crisis deepens

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

companyNews reuters.com

BRIEF-South Atlantic Bancshares To Acquire Atlantic Bancshares

* SOUTH ATLANTIC BANCSHARES, INC. TO ACQUIRE ATLANTIC BANCSHARES, INC.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Trump to make final tax push as Republican negotiators near deal

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

businessNews reuters.com

VW bank expects profit rise in 2017 despite diesel scandal

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

businessNews reuters.com

Shares eye record high as Fed heads for hat-trick

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

companyNews reuters.com

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

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

companyNews reuters.com

UPDATE 1-European shares open on a cautious note ahead of Fed meeting

* Telecom Italia dips, CEO meets gvt (Adds more stocks, context)

companyNews reuters.com

European shares open on a cautious note ahead of Fed meeting

LONDON, Dec 13 (Reuters) - European bourses opened on a cautious note on Wednesday despite gains on Wall Street and in Asia as investors await a U.S. Federal reserve meeting and assess the political implications of Donald Trump's setback in a bitter Senate election in Alabama.

companyNews reuters.com

RPT-UPDATE 1-Banks eye Paris airports operator in Macron privatisation drive -sources

LONDON/FRANKFURT, Dec 12 (Reuters) - Investment banks are vying to work with potential buyers or the French government on the sale of its majority stake in Aeroports de Paris (ADP) , sources close to the matter said, in one of the largest infrastructure deals expected to come to market in 2018.

businessNews reuters.com

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

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

companyNews reuters.com

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

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

companyNews reuters.com

Nikkei dented by weaker tech shares; Shikoku Electric stumbles

TOKYO, Dec 13 (Reuters) - Japan's Nikkei share average ended lower on Wednesday after tech stocks lost ground as they tracked their weaker U.S. counterparts, while Shikoku Electric slumped after a court ruled against the restart of one of its nuclear reactors.

businessNews reuters.com

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

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

politicsNews reuters.com

Trump loses his big bet on Alabama U.S. Senate race

WASHINGTON (Reuters) - In backing Roy Moore in Alabama's U.S. Senate race even though the candidate faced allegations of sexual misconduct with teenage girls, President Donald Trump made a risky bet - and lost big.

businessNews reuters.com

Manhattan luxury condo sales skew apartment prices: survey

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

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

* Democrat seen beating Trump-backed candidate in Senate race

companyNews reuters.com

BRIEF-Blueprint Medicines Prices Public Offering Of 3.70 Mln Shares At $81.00/Share

* BLUEPRINT MEDICINES ANNOUNCES PRICING OF PUBLIC OFFERING OF SHARES OF COMMON STOCK

United States Politics and Government nytimes.com

Once a Long Shot, Democrat Doug Jones Wins Alabama Senate Race

Doug Jones, a former prosecutor, defeated scandal-scarred Roy S. Moore for the Senate seat once held by Attorney General Jeff Sessions.

politicsNews reuters.com

Democrat Jones wins U.S. Senate seat in Alabama in blow to Trump

BIRMINGHAM, Ala. (Reuters) - Democrat Doug Jones won a bitter fight for a U.S. Senate seat in deeply conservative Alabama on Tuesday, U.S. media projected, dealing a political blow to President Donald Trump in a race marked by accusations of sexual misconduct against Republican candidate Roy Moore.

businessNews reuters.com

Oil recovers on big U.S. crude stock drawdown

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

politicsNews reuters.com

Republican Moore holds slight lead in bitter U.S. Senate race in Alabama

MONTGOMERY, Ala. (Reuters) - A bitter U.S. Senate race in Alabama with high stakes for President Donald Trump was too close to call on Tuesday, with Republican Roy Moore leading despite allegations against the candidate of sexual misconduct toward teenagers.

companyNews reuters.com

Nikkei edges lower as weaker tech shares offset boost from financials

TOKYO, Dec 13 (Reuters) - Japan's Nikkei share average edged lower on Wednesday morning after tech stocks lost ground as they tracked their weaker U.S. counterparts, offsetting gains in the financial space.

companyNews reuters.com

BRIEF-Bluebird Bio Prices Public Offering Of 3.2 Mln Shares At $185/Share

* BLUEBIRD BIO ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK

politicsNews reuters.com

Polls close in tight Alabama Senate race with high stakes for Trump

MONTGOMERY, Ala. (Reuters) - Polls closed on Tuesday in a bitter U.S. Senate race in Alabama with high stakes for President Donald Trump, who has endorsed fellow Republican Roy Moore despite allegations against the candidate of sexual misconduct toward teenagers.

businessNews reuters.com

Asian shares flat, Fed hike expectations underpin dollar

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

companyNews reuters.com

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

TOKYO, Dec 13 (Reuters) - Asian shares were treading water in early trade on Wednesday as crude oil futures steadied after a selloff, while a widely expected interest rate hike from the Federal Reserve underpinned the dollar.

businessNews reuters.com

Uber picks new head for Indonesia business

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

companyNews reuters.com

BRIEF-Iron Mountain Says Public Offering Of 14.5 Mln Common Shares Priced At $37 Per Share

* SAYS PUBLIC OFFERING OF 14.5 MILLION COMMON SHARES PRICED AT $37.00PER SHARE Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-‍Alimentation Couche-Tard Founder Alain Bouchard To Sell Shares

* ALIMENTATION COUCHE-TARD- ALAIN BOUCHARD HAS INFORMED CORPORATION OF HIS INTENTION TO SELL 200,000 CLASS B SUBORDINATED VOTING SHARES THAT HE HOLDS​

cnn.com

What happens if Moore wins Senate seat

CNN's Tom Foreman reports on what could happen next if Roy Moore wins Alabama's Senate special election.

cnn.com

The Alabama Senate race in 280 characters

CNN Opinion is curating tweets from commentators on the Alabama Senate race between Doug Jones and Roy Moore.

politicsNews reuters.com

Trump to meet House, Senate tax cut negotiators Wednesday: White House

WASHINGTON (Reuters) - President Donald Trump on Wednesday will host congressional negotiators for lunch to discuss their progress toward tax cut legislation, the White House said.

companyNews reuters.com

UPDATE 2-Brazil banks agree to reimburse depositors for losses

BRASILIA, Dec 12 (Reuters) - Brazilian banks agreed on Tuesday to compensate depositors for losses from government plans that tackled hyperinflation in the 1980s and 1990s, potentially settling over a million legal disputes that have hung over the country's banking system.

companyNews reuters.com

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

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

companyNews reuters.com

BRIEF-Hines Global Makes Second Public Offering Of Up To $2.50 Bln In Shares Of Its Stock

* HINES GLOBAL REIT SAYS MAKING A SECOND PUBLIC OFFERING OF UP TO $2.50 BILLION IN SHARES OF ITS STOCK- SEC FILING Source text: [http://bit.ly/2AeIqiE] Further company coverage:

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

UPDATE 2-Shares in Brazilian homebuilder MRV shoot up with ambitious growth plan

SAO PAULO, Dec 12 (Reuters) - Shares in Brazilian homebuilder MRV Engenharia e Participações SA shot up more than 5 percent on Tuesday as executives unveiled plans to start construction on 50,000 new home units in 2018, which could generate more than 7 billion reais ($2.1 billion) in sales.

companyNews reuters.com

UPDATE 1-Brazil banks agree to reimburse depositors for losses

BRASILIA, Dec 12 (Reuters) - Brazilian banks agreed on Tuesday to compensate depositors for losses from government plans that tackled hyperinflation in the 1980s and 1990s, settling over a million legal disputes that have hung over the country's banking system.

businessNews reuters.com

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.

companyNews reuters.com

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

* Indexes: Dow up 0.64 pct, S&P up 0.34 pct, Nasdaq down 0.02 pct (Updates to late afternoon, adds commentary, changes byline)

politicsNews reuters.com

Senate leader says he's confident of deal to keep government open after Dec. 22

WASHINGTON (Reuters) - Senate Majority Leader Mitch McConnell said on Monday he was confident the U.S. Congress would be able to reach an agreement to fund the government when the current spending bill ends on Dec. 22 and that there would be no forced government shutdown.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

environmentNews reuters.com

Brazil Senate passes bill to boost ethanol, biodiesel use

BRASÍLIA/SAO PAULO (Reuters) - Brazilian senators passed on Tuesday a bill proposing sharp increases in the use of biofuels such as ethanol and biodiesel in the country in coming years, as a way to help cut carbon emissions.

businessNews reuters.com

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.

companyNews reuters.com

UK seeks new anti-fraud head after crime agencies overhaul

LONDON, Dec 12 (Reuters) - The British government on Tuesday began a long-delayed hunt for a new head of the Serious Fraud Office (SFO) after announcing plans to create a new national economic crime centre with the power to instruct the anti-fraud agency to investigate cases.

politicsNews reuters.com

'DACA' bill to help young immigrants nearing Senate deal: Senator Flake

WASHINGTON (Reuters) - A bipartisan push in the Senate to protect undocumented people who immigrated to the United States as children is gaining momentum as lawmakers try to wrap up negotiations this month, Republican Senator Jeff Flake said on Tuesday.

businessNews reuters.com

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.

businessNews reuters.com

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.

cnn.com

Alabama Senate candidates: Where they stand on issues

Alabama voters are heading to the polls today to vote for their next US senator. Here's a breakdown of where Democrat Doug Jones and Republican Roy Moore stand on some of this year's biggest issues.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

companyNews reuters.com

UPDATE 1-Banks eye Paris airports operator in Macron privatisation drive -sources

LONDON/FRANKFURT, Dec 12 (Reuters) - Investment banks are vying to work with potential buyers or the French government on the sale of its majority stake in Aeroports de Paris (ADP) , sources close to the matter said, in one of the largest infrastructure deals expected to come to market in 2018.

businessNews reuters.com

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

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

businessNews reuters.com

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.

cnn.com

Anchor shares post-brain surgery video

Six months after undergoing brain surgery, former co-anchor of "E! News" Maria Menounos shares a video taken 24 hours after the life-saving procedure.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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

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

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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

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

cnn.com

Analysis: Can Doug Jones defy the most powerful trend shaping modern Senate elections?

In today's Alabama US Senate election, Democrat Doug Jones isn't running just against Republican Roy Moore. Jones is also running against the most powerful trend shaping modern elections for the US Senate.

cnn.com

Senate Republicans on what to do if Roy Moore wins: 'We'll see'

Since the sexual assault allegations against Roy Moore first went public last month, Republicans in the Senate have gone to great lengths to distance themselves from their potential colleague.

businessNews reuters.com

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.

businessNews reuters.com

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.

United States Economy nytimes.com

Economic Scene: Tax Plan’s Biggest Cuts Could Be in Living Standards

Cutting taxes is mostly an exercise in slicing the economic pie a different way, not making it bigger, with gains for a few offset by losses for many.

Elections, Senate nytimes.com

Alabama Senate Race: Four Things to Watch

Alabama voters go to the polls to choose between Roy S. Moore and Doug Jones in a special election with huge stakes for both parties and President Trump.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

companyNews reuters.com

M&A dominates Europe share trading; weak banks offset oil boost

LONDON, Dec 12 (Reuters) - Mergers and acquisitions dominated early European share trading on Tuesday, while strong oil and tech stocks were not enough to offset a decline in banks.

businessNews reuters.com

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.

businessNews reuters.com

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

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

businessNews reuters.com

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.

businessNews reuters.com

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

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

United States Politics and Government nytimes.com

Right and Left React to the Alabama Senate Candidacy of Roy Moore

Writers from across the political spectrum on the contentious Senate race in Alabama.

businessNews reuters.com

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.

businessNews reuters.com

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.

companyNews reuters.com

BRIEF-‍Altice Nv Altice Intends To Reduce Its Share Capital By Cancelling Treasury Shares​

* On June 28, 2017, the general meeting of Altice N.V. granted authority to the Board to cancel common shares A and common shares B in the share capital of the company held by the company.

businessNews reuters.com

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.

businessNews reuters.com

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.

companyNews reuters.com

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

* Brent crude tops $65 a barrel for first time since mid-2015

cnn.com

Tax overhaul could mean major changes to your paycheck

If Republicans succeed in passing a tax overhaul by Christmas, the law could mean major changes for your take-home pay -- not all of them welcome.

businessNews reuters.com

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.