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businessNews reuters.com

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.

worldNews reuters.com

Buoyed by mayoral votes, Venezuela's socialists eye 2018 presidency race

CARACAS (Reuters) - President Nicolas Maduro set his sights on Venezuela's 2018 presidential election after the ruling Socialist Party predictably dominated mayoral polls with the help of a partial boycott by a demoralized opposition.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

Bitcoin futures race higher in volatile launch, dollar steady

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

cnn.com

Global arms sales rise for the first time in 5 years

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

businessNews reuters.com

Uber heads to court in fight for London survival

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

sportsNews reuters.com

Ice hockey brothers first bans after NZ drug probe

WELLINGTON (Reuters) - Two brothers who played ice hockey for New Zealand have become the first athletes to be banned after an investigation into the sale of performance-enhancing drugs to amateur sportspeople in the country.

businessNews reuters.com

Bitcoin futures start trading on CBOE exchange

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

cnn.com

For the first time in US history, a road will likely be carved through a protected wilderness refuge

A wilderness refuge protected since the Eisenhower administration could have a road carved right through it

cnn.com

UN chief: 'America first' is 'detrimental to American interests'

President Trump said in his inauguration speech that the slogan "America First" would govern his administration and approach to foreign policy. But UN Secretary-General António Guterres believes that the President's pledge is "detrimental to American interests."

Maps nytimes.com

Why Experts Don’t Believe This Is a Rare First Map of America

Christie’s had planned to sell the map this week, for possibly $1.2 million, but withdrew it from an auction when questions arose about its authenticity.

businessNews reuters.com

Thyssenkrupp makes offer to workers for Tata Steel deal: sources

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

sportsNews reuters.com

Altidore goal helps propel Toronto FC to first MLS Cup

TORONTO (Reuters) - Jozy Altidore's second half goal helped propel a relentless Toronto FC to a 2-0 victory over the Seattle Sounders on Saturday to claim their first Major League Soccer championship after a gut-wrenching loss in last year's final.

Football (College) nytimes.com

Heisman Trophy Goes to Baker Mayfield, Explosive Oklahoma Quarterback

Mayfield threw 41 touchdown passes and five interceptions and will play in the College Football Playoff. He previously finished fourth and third in Heisman voting.

sportsNews reuters.com

Altidore goal propels Toronto FC to first MLS Cup

TORONTO (Reuters) - Jozy Altidore's second half goal propelled a relentless Toronto FC to a 2-0 victory over the Seattle Sounders on Saturday to claim their first Major League Soccer championship after a gut-wrenching loss in the final last year.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

worldNews reuters.com

Brazil's PSDB picks Sao Paulo Gov. Alckmin to lead it into 2018 race

BRASILIA (Reuters) - The centrist Brazilian Social Democracy Party, or PSDB, elected four-time Sao Paulo Governor Geraldo Alckmin as its leader on Saturday, making him its most likely presidential nominee in next year's elections.

Terrorism nytimes.com

Iraq Prime Minister Declares Victory Over ISIS

Haider al-Abadi said, “Our forces fully control the Iraqi-Syrian border,” but analysts warned that it did not mean the end of the Islamic State threat.

worldNews reuters.com

Russia fully compliant nuclear missile treaty: deputy foreign minister

MOSCOW (Reuters) - Russia is fully committed to the 1987 Intermediate-Range Nuclear Forces Treaty and plans to continue complying with it, Deputy Foreign Minister Sergei Ryabkov said on Saturday.

worldNews reuters.com

Germany's Gabriel denies report he is eyeing finance minister post

BERLIN (Reuters) - German Foreign Minister Sigmar Gabriel on Saturday denied a report that said the Social Democrat, whose party has agreed to enter talks with Chancellor Angela Merkel's conservatives on forming a coalition, was eyeing the post of finance minister.

worldNews reuters.com

Britons can change terms of Brexit to diverge from EU: pro-Brexit minister Gove

LONDON (Reuters) - British voters will be able to change the terms of the country's relationship with the European Union after leaving the bloc if they don't like the final Brexit deal, senior cabinet minister and pro-Brexit lawmaker Michael Gove said on Saturday.

worldNews reuters.com

UK foreign minister arrives in Iran to lobby for jailed aid worker

DUBAI (Reuters) - British Foreign Minister Boris Johnson arrived on Saturday in Iran, where he is expected to lobby his Iranian counterpart Mohammad Javad Zarif for the release of jailed Iranian-British aid worker Nazanin Zaghari-Ratcliffe.

cnn.com

First wildfire-related death confirmed in California

A woman, whose body was found at a crash site along an evacuation route, was the first-related death confirmed in a series of wildfires that ravaged Southern California this week.

worldNews reuters.com

Indians vote in first stage of election seen as acid test for Modi

SURENDRANAGAR, India (Reuters) - Tens of thousands of Indians voted in the first stage of assembly elections in the western state of Gujarat on Saturday, where Prime Minister Narendra Modi faces his toughest electoral test since coming to power with a landslide victory in 2014.

worldNews reuters.com

Mexico right-left coalition presents bid to run in 2018 election

MEXICO CITY (Reuters) - Mexico's newest political force formally emerged on Friday when a right-left coalition presented its official request with the electoral institute to compete in next year's presidential election.

sportsNews reuters.com

Golf: McIlroy to undertake busy build-up to 2018 Masters

(Reuters) - Rory McIlroy has announced he will play at least seven events in early 2018 in a busy build-up to the U.S. Masters, where he will attempt to complete the grand slam of major titles in April.

companyNews reuters.com

BRIEF-Liberty Property Trust Sets Quarterly Cash Dividend Of $0.40 Per Share

* SETS QUARTERLY CASH DIVIDEND OF $0.40 PER SHARE Source text for Eikon: Further company coverage:

Snow and Snowstorms nytimes.com

Snow in Texas Is ‘Pretty Cool’ for Children Seeing It for the First Time

Corpus Christi, Tex., got snow for the first time since 2004. It was part of a storm that affected several Southern states and was headed up the East Coast.

businessNews reuters.com

Apple in talks to acquire music identification app Shazam: source

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

businessNews reuters.com

PepsiCo to move to Nasdaq after nearly a century with NYSE

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

businessNews reuters.com

Apple's Ive returns to helm of design teams

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

businessNews reuters.com

Delta Air Lines cancels hundreds of flights due to winter storm

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

businessNews reuters.com

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

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

businessNews reuters.com

Macy's Terry Lundgren to retire as chairman in January

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

businessNews reuters.com

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

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

businessNews reuters.com

Wall Street closes higher after payrolls report

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

businessNews reuters.com

Bitcoin drops after dramatic gains ahead of futures launch

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

politicsNews reuters.com

Special election to replace Conyers to be held Nov. 2018: governor

WASHINGTON (Reuters) - Michigan Governor Rick Snyder said on Friday the state would hold a special election on Nov. 6, 2018, to replace Representative John Conyers, the Democrat who resigned this week amid accusations of sexual misconduct.

businessNews reuters.com

November payrolls report lifts Wall Street

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

businessNews reuters.com

Trump says fines against Wells Fargo could be increased

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

businessNews reuters.com

Bitcoin tumbles after dramatic gains ahead of futures launch

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

businessNews reuters.com

Wall Street gains on robust Nov. hiring data

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

businessNews reuters.com

Ahead of Canada fighter jet announcement, Boeing looks to future

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Phillips 66 Announces 2018 Capital Budget Of $2.3 Bln

* 2018 CAPITAL BUDGET OF $2.3 BILLION, WHICH INCLUDES $1.4 BILLION OF GROWTH CAPITAL AND $0.9 BILLION OF SUSTAINING CAPITAL

companyNews reuters.com

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

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

businessNews reuters.com

EU regulators to warn Bayer about Monsanto bid: source

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

businessNews reuters.com

Steinhoff shares climb off 14-year low in volatile trade

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

businessNews reuters.com

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

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

businessNews reuters.com

Wall Street rises as jobs data shows strength in economy

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

companyNews reuters.com

BRIEF-Graco Announces 3-For-1 Stock Split And Increases Quarterly Dividend By 10.4 Percent

* GRACO ANNOUNCES 3-FOR-1 STOCK SPLIT AND INCREASES QUARTERLY DIVIDEND BY 10.4 PERCENT

companyNews reuters.com

BRIEF-Tucows, Units, Enter Interim Amendment To First Amended And Restated Credit Agreement

* SAYS ON DEC 5, CO, UNITS, ENTERED INTERIM AMENDMENT TO FIRST AMENDED AND RESTATED CREDIT AGREEMENT

businessNews reuters.com

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

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

PersonalFinance reuters.com

UBS investment bank head wary on 2018 outlook

ZURICH (Reuters) - The head of Swiss bank UBS's investment banking business gave a cautious outlook for market conditions next year, with fees set to fall again and volatility staying low.

businessNews reuters.com

CVS expects Justice Department to handle review of Aetna deal

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

businessNews reuters.com

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

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

businessNews reuters.com

Strong jobs data lifts Wall Street higher

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

businessNews reuters.com

Strong U.S. jobs growth data lifts Wall Street

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

businessNews reuters.com

After dramatic gains, bitcoin tumbles 20 percent in 10 hours

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

worldNews reuters.com

Iran's defense minister to visit Russia soon: RIA

MOSCOW (Reuters) - Iranian Defence Minister Amir Hatami plans to visit Russia soon, the RIA news agency reported on Friday, citing a source at the Iranian defense ministry.

businessNews reuters.com

Singapore's ComfortDelGro buys majority stake in Uber unit

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

businessNews reuters.com

Stock futures add to gains on strong November jobs data

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Lloyd's of London pushes ahead with Brexit plans

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

companyNews reuters.com

BRIEF-First Cobalt Announces $25 Mln Bought Deal Private Placement Financing

* FIRST COBALT ANNOUNCES $25 MILLION BOUGHT DEAL PRIVATE PLACEMENT FINANCING

businessNews reuters.com

Brexit deal helps U.S. futures bounce

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

businessNews reuters.com

Steinhoff shares bounce off 14-year low in volatile trade

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

companyNews reuters.com

COLUMN-The boldest market call for 2018? The consensus: McGeever

LONDON, Dec 8 (Reuters) - Credit markets should brace for a U.S. recession, the U.S. yield curve will invert and growth in America will reach President Trump's lofty and oft-derided target of 4 percent.

cnn.com

First snow at The Alamo in 12 years

Snow fell across parts of south Texas including San Antonio and Austin, Texas. It hasn't snowed in the Alamo in 12 years.

companyNews reuters.com

BRIEF-PNM Resources' Management Announces 2018 And 2019 Ongoing Earnings Guidance

* PNM RESOURCES' MANAGEMENT ANNOUNCES 2018 AND 2019 ONGOING EARNINGS GUIDANCE

businessNews reuters.com

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

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

businessNews reuters.com

VW says halts multivan deliveries amid emissions 'uncertainties'

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Touchstone To Complete A $5 Million Private Placement And Increase 2018 Drilling Program To 10 Wells

* TOUCHSTONE TO COMPLETE A $5 MILLION PRIVATE PLACEMENT AND INCREASE 2018 DRILLING PROGRAM TO 10 WELLS

cnn.com

Japan to buy long-range missiles for first time

Japan will for the first time buy long-range missiles to counter the country's "increasingly severe" national security situation, Defense Minister Itsunori Onodera said.

businessNews reuters.com

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

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

businessNews reuters.com

Asia cheers China trade boost, bitcoin comes off heady heights

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

businessNews reuters.com

Volkswagen recalls 30,777 cars in Russia: standards agency

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

cnn.com

Trump rally first test in Democrats' search for payoff from lawmaker purge

Alabama Senate candidate Roy Moore won't join Donald Trump at the President's Florida rally Friday night just 25 miles from the Yellowhammer State border.

businessNews reuters.com

Kobe Steel's copper plant loses JIS certification - government

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

worldNews reuters.com

British foreign minister to visit Iran, lobby for jailed aid worker

LONDON (Reuters) - British foreign minister Boris Johnson will travel to Iran on Saturday to lobby counterpart Mohammad Javad Zarif for the release of jailed Iranian-British aid worker Nazanin Zaghari-Ratcliffe.

businessNews reuters.com

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

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

businessNews reuters.com

Asia cheers China trade boost, bitcoin shoots for the stars

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

businessNews reuters.com

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

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

businessNews reuters.com

Asia gets China trade boost, bitcoin shoots for the stars

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

cnn.com

First on CNN: Hatch hosting re-election fundraiser in January

Utah Sen. Orrin Hatch is hosting a re-election fundraiser in early January, according to an invitation obtained by CNN, stoking further intrigue about a Senate seat that's being eyed by Mitt Romney.

businessNews reuters.com

JPMorgan's Dimon taking customer pricing hints from Amazon

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

businessNews reuters.com

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

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

businessNews reuters.com

Japanese shares rally, bitcoin shoots for the moon

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Hilton says tax cut would finance share buybacks

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

businessNews reuters.com

Goldman Sachs to clear bitcoin futures: spokeswoman

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

businessNews reuters.com

Wall Street rising: Facebook, Alphabet, Lululemon gain

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

businessNews reuters.com

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

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

businessNews reuters.com

AT&T/Time Warner antitrust trial set for March

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

Brazilian airline Gol considers share offering in 2018 - sources

SAO PAULO, Dec 7 (Reuters) - Brazilian airline Gol Linhas Aéreas Inteligentes SA is considering a share offering in the early months of 2018, three sources with knowledge of the matter said on Thursday.

businessNews reuters.com

Wall Street rising: Facebook, Alphabet gain

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

businessNews reuters.com

Morgan Stanley fires former lawmaker for misconduct

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

sportsNews reuters.com

Hall of Fame NFL quarterback Warren Moon denies harassment claim

(Reuters) - Professional football Hall of Fame quarterback Warren Moon denied accusations of sexual harassment by a woman who was an executive assistant to the former National Football League player at the sports marketing firm he co-founded.

businessNews reuters.com

LendingClub shares take a hit from disappointing forecast

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

businessNews reuters.com

Wall Street higher as technology stocks gain ground

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

companyNews reuters.com

BRIEF-Brandywine Realty Trust increases quarterly dividend by 12.5 pct

* BRANDYWINE REALTY TRUST INCREASES COMMON QUARTERLY DIVIDEND BY 12.5% AND CONFIRMS FOURTH QUARTER 2017 EARNINGS RELEASE AND CONFERENCE CALL

companyNews reuters.com

BRIEF-Freddie Mac Prices First Offering Of Certificates Backed By Single-Family Rentals

* FREDDIE MAC PRICES FIRST OFFERING OF CERTIFICATES BACKED BY SINGLE-FAMILY RENTALS

businessNews reuters.com

New York pension fund seeks more pay disclosure from Wells Fargo

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

companyNews reuters.com

BRIEF-Verizon Communications Sets Quarterly Dividend Of $0.59 Per Share

* SETS QUARTERLY DIVIDEND OF $0.59 PER SHARE Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Hasbro Sets Quarterly Cash Dividend Of $0.57/Share

* SETS QUARTERLY CASH DIVIDEND OF $0.57 PER SHARE Source text for Eikon: Further company coverage:

cnn.com

US ship that fired first WWII shots found

The wreckage of the USS Ward has been found off the coast of the Philippines. The Ward is credited with sinking a Japanese submarine shortly before the attack on Pearl Harbor.

peopleNews reuters.com

Hall of Fame NFL quarterback Warren Moon accused of sexual harassment

(Reuters) - Pro Football Hall of Fame quarterback Warren Moon has been accused of sexual harassment by a woman who worked for the former National Football League player's sports marketing firm.

technologyNews reuters.com

Ubisoft delays three releases, lowers 2017/2018 sales outlook

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

businessNews reuters.com

Honeywell to buy 25 percent of Chinese supply chain software firm

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

businessNews reuters.com

Uber's license suspended in British city of Sheffield

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

companyNews reuters.com

BRIEF-WSFS and SoFi Strike Agreement on New Cash Management Account

* WSFS AND SOFI STRIKE AGREEMENT ON NEW CASH MANAGEMENT ACCOUNT

businessNews reuters.com

Ford to test new self-driving vehicle technology in 2018

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

businessNews reuters.com

Budweiser maker Anheuser-Busch reserves 40 Tesla electric trucks

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

businessNews reuters.com

Technology stocks lead Wall Street's rise

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

businessNews reuters.com

Key to Pandora's turnaround: a better advertising platform

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

companyNews reuters.com

BRIEF-Cantel Medical Reports Record Financial Results For Q1 Fiscal Year 2018

* Q1 EARNINGS PER SHARE VIEW $0.54 -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:

companyNews reuters.com

REFILE-UPDATE 2-Norway wealth fund in first Asia property deal with Tokyo acquisition

OSLO, Dec 7 (Reuters) - Norway's $1 trillion sovereign wealth fund has made its first real estate investment in Asia by acquiring a 70 percent stake in five properties in Tokyo and hopes to do more property deals in the Japanese capital, it said on Thursday.

businessNews reuters.com

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

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

businessNews reuters.com

Broadcom helps lift Nasdaq; S&P, Dow slip

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Philip Morris International Declares Regular Quarterly Dividend Of $1.07 Per Share

* PHILIP MORRIS INTERNATIONAL INC. DECLARES REGULAR QUARTERLY DIVIDEND OF $1.07 PER SHARE Source text for Eikon: Further company coverage:

businessNews reuters.com

Apple suppliers gain after Broadcom hint on iPhone

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Kalytera Therapeutics Says ‍Results Of Phase 2 Clinical Study In Prevention Of Graft Versus Host Disease​ Are Expected By Q3 2018

* KALYTERA ANNOUNCES INITIATION OF PHASE 2 CLINICAL STUDY IN PREVENTION OF GRAFT VERSUS HOST DISEASE AND AGREEMENT WITH THE SALZMAN GROUP OF ISRAEL TO MANAGE AND PARTIALLY FUND THE STUDY TO BE LED BY A WORLD CLASS TEAM

companyNews reuters.com

BRIEF-Pieris Pharma Received Clearance to Initiate Its First-In-Human Study In Australia For PRS-060/AZD1402

* PIERIS PHARMACEUTICALS - RECEIVED ETHICS AND REGULATORY CLEARANCE TO INITIATE ITS FIRST-IN-HUMAN STUDY IN AUSTRALIA FOR PRS-060/AZD1402

businessNews reuters.com

Steinhoff scandal knocks $12 billion off value in blow to tycoon Wiese

JOHANNESBURG/BERLIN (Reuters) - Shocked Steinhoff shareholders have wiped more than $12 billion off its value since it revealed "accounting irregularities" and parted ways with its chief executive, in a dramatic fall from grace for the South African retailer.

worldNews reuters.com

Hungary's Jobbik party says fine risks making it insolvent ahead of 2018 vote

BUDAPEST (Reuters) - Hungary's main opposition party would be unable to compete at an election next April if state auditors impose a heavy fine in a campaign finance case, a vice chairman for the nationalist Jobbik party told Reuters on Thursday.

PersonalFinance reuters.com

Retail disruption is nothing compared to gnarly first jobs

NEW YORK (Reuters) - If any industry is in the throes of total disruption right now, it is retail.

companyNews reuters.com

BRIEF-Dicerna Announces First Human Dosed In Phase 1 Clinical Trial Of DCR-PHXC

* DICERNA ANNOUNCES FIRST HUMAN DOSED IN PHASE 1 CLINICAL TRIAL OF DCR-PHXC FOR TREATMENT OF ALL FORMS OF PRIMARY HYPEROXALURIA

companyNews reuters.com

BRIEF-Hilton Worldwide Unveiled "Connected Room," The First Mobile-Centric Hotel Room, To Begin Rollout In 2018

* HILTON WORLDWIDE - UNVEILED 'CONNECTED ROOM', A HIGH-TECH GUEST ROOM ENABLING GUESTS TO PERSONALIZE STAY FROM THEIR MOBILE DEVICE

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

GE proposes to cut 1,600 jobs in Germany

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

worldNews reuters.com

Russian ex-minister Ulyukayev: I am victim of 'monstrous set up'

MOSCOW (Reuters) - Former Russian economy minister Alexei Ulyukayev, accused of taking a $2 million bribe from Rosneft chief executive Igor Sechin, told a court on Thursday he was the victim of "a monstrous and cruel provocation."

companyNews reuters.com

UPDATE 1-Russian ex-minister Ulyukayev: I am victim of 'monstrous set up'

MOSCOW, Dec 7 (Reuters) - Former Russian economy minister Alexei Ulyukayev, accused of taking a $2 million bribe from Rosneft chief executive Igor Sechin, told a court on Thursday he was the victim of "a monstrous and cruel provocation."

businessNews reuters.com

Toymaker Lego wins Chinese copyright case against brick imitators

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

businessNews reuters.com

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

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

companyNews reuters.com

UPDATE 1-Norway wealth fund makes first Asia property deal with Tokyo acquisition

OSLO, Dec 7 (Reuters) - Norway's $1-trillion sovereign wealth fund has made its first real estate investment in Asia by acquiring a 70-percent stake in five properties in Tokyo, it said on Friday.

businessNews reuters.com

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

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

companyNews reuters.com

Norway wealth fund makes first Asia property deal with Tokyo acquisition

OSLO, Dec 7 (Reuters) - Norway's $1 trillion sovereign wealth fund has made its first real estate investment in Asia by acquiring a 70-percent stake in five properties in Tokyo, it said on Friday.

companyNews reuters.com

Russian ex-minister Ulyukayev tells court he is victim of 'monstrous setup'

MOSCOW, Dec 7 (Reuters) - Former Russian economy minister Alexei Ulyukayev, accused of taking a $2 million bribe from Rosneft chief executive Igor Sechin, told a court on Thursday he was the victim of "a monstrous and cruel provocation."

businessNews reuters.com

Alibaba, Ford to cooperate in search for new retail opportunities

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

cnn.com

GOP will tackle Medicare, Medicaid and welfare in 2018, Paul Ryan says

The House GOP caucus plans to work on entitlement reform next year as a way to "tackle the debt and the deficit," according to House Speaker Paul Ryan.

businessNews reuters.com

Alibaba to cooperate with Ford Motor for new retail opportunities

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

worldNews reuters.com

Britons who join Islamic State should be hunted and killed: defence minister

LONDON (Reuters) - Britons who have joined the Islamic State militant group in Syria and Iraq should be hunted down and killed, Britain's new defence minister said.

businessNews reuters.com

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

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

companyNews reuters.com

Indonesian ride-hailing firm Go-Jek to expand to Philippines in 2018

SINGAPORE, Dec 7 (Reuters) - Indonesia motorbike-hailing startup Go-Jek plans to set up operations in the Philippines in early 2018, with other Southeast Asian countries to follow later that year, the company's chief technology officer said on Thursday.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Bitcoin to start futures trading, stoking Wild West worries

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-‍First Mobil-Branded Service Stations To Open In Mexico​

* ‍FIRST MOBIL-BRANDED SERVICE STATIONS TO OPEN IN MEXICO​ Source text for Eikon: Further company coverage:

businessNews reuters.com

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

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

businessNews reuters.com

Chevron sets 2018 capital budget at $18.3 billion

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

companyNews reuters.com

Chevron sets 2018 capital budget at $18.3 bln

Dec 6 (Reuters) - Oil and gas major Chevron Corp announced an $18.3 billion capital and exploratory budget on Wednesday.

businessNews reuters.com

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

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

Prison Guards and Corrections Officers nytimes.com

Editorial: Holding Prison Guards Accountable

New York State’s corrections officers are too often protected from punishment, even for brutal attacks on prisoners.

companyNews reuters.com

CORRECTED-UPDATE 5-Trump lawyer denies Deutsche Bank got subpoena on Trump accounts

FRANKFURT/WASHINGTON, Dec 5 (Reuters) - A U.S. federal investigator probing alleged Russian interference in the 2016 U.S. presidential election asked Deutsche Bank for data on accounts held by people or entities close to President Donald Trump, a person close to the matter said on Tuesday.

companyNews reuters.com

UPDATE 2-Lululemon forecasts upbeat holiday quarter, shares rise 7 pct

* Holiday-quarter sales expectation beats estimates (Adds conference call details, analyst comments; updates share move)

businessNews reuters.com

Surging online orders slow Wal-Mart delivery network

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

companyNews reuters.com

BRIEF-First Bancshares Announces Acquisition Of Sunshine Financial

* THE FIRST BANCSHARES, INC. ANNOUNCES THE ACQUISITION OF SUNSHINE FINANCIAL, INC.

businessNews reuters.com

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

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

companyNews reuters.com

UPDATE 1-Lululemon forecasts upbeat holiday quarter, shares rise

Dec 6 (Reuters) - Canadian yoga and leisure apparel maker Lululemon Athletica Inc on Wednesday reported a higher-than-expected profit and gave an upbeat holiday-quarter forecast, sending its shares up 6 percent in after-hours trading.

businessNews reuters.com

Tech recovers, but not enough to push Wall St higher

(Reuters) - The S&P 500 fell a tiny bit on Wednesday, with Microsoft and other technology stocks making modest gains but not quite offsetting losses in energy shares after oil prices dropped more than 2 percent.

businessNews reuters.com

Volkswagen executive sentenced to seven years for U.S. emissions fraud

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

businessNews reuters.com

Citigroup sees 'high teens' percentage decline in fourth-quarter markets revenue

NEW YORK (Reuters) - Citigroup Inc fourth-quarter markets revenue is on track to be down by a "high-teens" percentage from a year earlier, Chief Financial Officer John Gerspach said on Wednesday.

businessNews reuters.com

Airbus faces hectic December to meet 2017 delivery goal

PARIS (Reuters) - Airbus lagged Boeing in jet production and sales in the first 11 months of the year but left itself a shot at meeting full-year delivery targets after unblocking delayed engine supplies for its upgraded A320neo jet, company data showed on Wednesday.

businessNews reuters.com

Bitcoin zooms above $13,000 to record high on relentless demand

TOKYO/NEW YORK (Reuters) - Bitcoin extended its rally on Wednesday, breaking above $13,000 to a record high despite questions about the cryptocurrency's real value and worries about a dangerous bubble.

companyNews reuters.com

UPDATE 2-Sign-ups pick up in week 5 of 2018 Obamacare open enrollment -U.S.

WASHINGTON, Dec 6 (Reuters) - The number of people signing up for 2018 Obamacare plans picked up significantly during the fifth week of open enrollment, a U.S. government agency reported on Wednesday, but the number of participants appears to be falling short of last year's numbers with just over a week of enrollment left.

businessNews reuters.com

Uber's top European dealmaker to step down from role

(Reuters) - Uber Technologies Inc's top European dealmaker is stepping down from his role, the latest in a series of management changes at the ride-hailing service.

businessNews reuters.com

Tech recovery nudges Wall Street higher

(Reuters) - Wall Street's main indexes edged higher on Wednesday, with Microsoft and other technology stocks making modest gains and helping offset losses in energy shares after oil prices dropped more than 2 percent.

businessNews reuters.com

Canada's swipe at Boeing jets could open way for European rivals

OTTAWA (Reuters) - Canada's decision to shun Boeing Co jets could open the way for European rivals seeking to supply new fighters, assuming the government can sort out major procurement challenges, three sources familiar with the matter said on Wednesday.

businessNews reuters.com

EU urges internet companies to do more to remove extremist content

(Reuters) - Internet groups such as Facebook , Google's YouTube and Twitter need to do more to stem the proliferation of extremist content on their platforms, the European Commission said after a meeting on Wednesday.

worldNews reuters.com

Tillerson to visit Africa in first quarter of 2018: adviser

RAMSTEIN AIR BASE, Germany (Reuters) - U.S. Secretary of State Rex Tillerson is planning a trip to Africa in the first three months of next year, a senior aide said on Wednesday, amid speculation how long Tillerson might stay in the job.