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Dow hits record as investors bet on tax cuts

businessNews reuters.com

(Reuters) - The Dow Jones Industrial Average reached a record high on Monday, with banks and retailers surging and technology companies falling as investors realigned their portfolios in hopes of benefiting from expected corporate tax cuts. [Source]

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Novartis generics arm says may sell or end some products

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

companyNews reuters.com

CANADA STOCKS-TSX hits all-time high in broad rally

TORONTO, Dec 13 (Reuters) - Canada's main stock index hit an all-time high in early trade on Wednesday, boosted by broad gains led by its heavyweight financial and natural resources sectors.

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Wall Street rises at open as technology stocks gain

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

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

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

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.

Hurricane Harvey (2017) nytimes.com

Scientists Link Hurricane Harvey’s Record Rainfall to Climate Change

Two studies of the storm that overwhelmed Houston last summer say global warming made the rain much worse.

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.

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

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

METALS-Copper edges higher ahead of expected U.S. rate hike

(Adds detail, updates prices) By Melanie Burton MELBOURNE, Dec 13 (Reuters) - London copper edged higher on Wednesday as the dollar eased after hitting one-month highs earlier on expectations that the U.S. Federal Reserve will raise interest rates for a fifth time since 2015. The dollar slipped against a basket of currencies after a Democrat won a bitter fight for a U.S. Senate seat in deeply conservative Alabama, reducing Republicans' already narrow Senate majority further. "Pr

cnn.com

Alabama Secretary of State: 'Highly unlikely' Jones is not the winner

Secretary of State of Alabama John Merrill said it was "highly unlikely" that Democrat Doug Jones would not be certified as the winner of Tuesday's special election for the US Senate.

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.

companyNews reuters.com

Behind bitcoin boom, Japanese retail investors pile in

* Japanese traders said to account for up to half of bitcoin trade

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.

companyNews reuters.com

AT&T begins testing high-speed internet over power lines

NEW YORK, Dec 13 (Reuters) - AT&T Inc has started trials in Georgia state and a non-U.S. location to deliver high-speed internet over power lines, the No. 2 wireless carrier said on Wednesday, marking its latest push to offer faster broadband service to more customers.

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.

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

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.

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

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.

healthNews reuters.com

Many young U.S. men at high risk for HIV do not take anti-HIV pill

(Reuters Health) - Less than 4 percent of young adult men-who-have-sex-with-men in the U.S. – a population at significant risk of contracting the human immunodeficiency virus (HIV) – reported ever using the pill that protects them from the virus, in a recently published study.

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 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.

companyNews reuters.com

UPDATE 4-Broken pipeline cuts British supply during peak energy demand

* Brent jumps above $65 for first time since mid-2015 (Updates with INEOS saying outage could last up to 4 weeks)

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)

companyNews reuters.com

GLOBAL MARKETS-European stocks close higher; Brent dips after hitting $65

* Dollar gains as Fed expected to raise rates (Updates to Europe close, adds commentary)

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.

politicsNews reuters.com

Alabama voters choose senator in race with high stakes for Trump

MONTGOMERY, Ala. (Reuters) - Voters in Alabama headed to the polls on Tuesday in a hard-fought U.S. Senate race with high stakes for President Donald Trump, who has endorsed fellow Republican Roy Moore in spite of allegations against him of sexual misconduct toward teenagers.

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.

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

'Star Wars: The Last Jedi' falls short of sky-high hopes

If expectations for "Star Wars: The Last Jedi" were inordinately (and perhaps unfairly) high, thank "The Force Awakens," which had a huge donut hole in the shape of Luke Skywalker at its center. Yet even with Luke integrated into the story, the film feels like a significant letdown, one that does far less than its predecessor to stoke enthusiasm for the next leg in the trilogy.

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 .

healthNews reuters.com

Motorcycle passengers have higher head injury risks

Reuters Health - Motorcycle passengers are less likely than drivers to wear helmets, and they are more likely to suffer traumatic brain injuries in crashes, a U.S. study suggests.

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.

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.

companyNews reuters.com

CANADA STOCKS-TSX rises to record high as financials and energy gain

TORONTO, Dec 12 (Reuters) - Canada's main stock index rose to a record high on Tuesday, led by the heavyweight financials group as bond yields rose, while the energy group also gained ground.

companyNews reuters.com

US STOCKS SNAPSHOT-Dow opens higher; Fed's rate hike in focus

Dec 12 (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.

companyNews reuters.com

BRIEF-Ascendant Resources Announces Record Tonnes Mined From Its El Mochito Mine

* ASCENDANT RESOURCES ANNOUNCES RECORD TONNES MINED AND ITS FIFTH CONSECUTIVE MONTH OF POSITIVE EBITDA FROM ITS EL MOCHITO MINE

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.

companyNews reuters.com

GLOBAL MARKETS-Oil hits 2-1/2 year high on pipeline shutdown, stocks take breather

LONDON, Dec 12 (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.

politicsNews reuters.com

Voters head to polls in Alabama race with high stakes for Trump

MONTGOMERY, Ala. (Reuters) - Voters in Alabama were headed to the polls on Tuesday in a hard-fought U.S. Senate race in which President Donald Trump has endorsed fellow Republican Roy Moore, whose campaign has been clouded by allegations of sexual misconduct toward teenagers.

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.

For-Profit Schools nytimes.com

New Higher Education Bill Rolls Back Obama-Era Safeguards

A House rewrite of the law governing higher education would dismantle several regulations imposed by the Obama administration to control for-profit colleges.

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.

environmentNews reuters.com

Big investors press major companies to step up climate action

OSLO (Reuters) - More than 200 institutional investors with $26 trillion in assets under management said on Tuesday they would step up pressure on the world's biggest corporate greenhouse gas emitters to combat climate change.

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.

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.

companyNews reuters.com

BRIEF-Oslo Bourse cuts REC, Nanovector from OBX, adds Norwegian Finans, Questerre

* OSLO BOURSE CUTS REC SILICON AND NORDIC NANOVECTOR FROM OBX INDEX, ADDS NORWEGIAN FINANS HOLDING AND QUESTERRE

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.

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.

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.

Theater nytimes.com

Review: In This ‘Cruel Intentions,’ High School Schemers Sing the Best of the ’90s

The choice lines and the soundtrack hits are there in this enjoyable adaptation of the movie. Now it’s time to make a full-fledged show out of a quasi concert.

businessNews reuters.com

Asia shares take breather, Brent breaks above $65

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

businessNews reuters.com

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

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

businessNews reuters.com

Brent crude prices near 2015 high after North Sea pipeline disruption

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Toshiba Says Has Not Reached Agreement Now With Western Digital On Ending Legal Dispute

* TOSHIBA SAYS HAS NOT REACHED AGREEMENT NOW WITH WESTERN DIGITAL ON ENDING LEGAL DISPUTE Further company coverage: (Reporting By Chris Gallagher)

businessNews reuters.com

Asia wagers global cheer will outlive Fed tightening

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

companyNews reuters.com

EMERGING MARKETS-Chile stocks see highest rise in two years on copper prices

By Felipe Iturrieta and Bruno Federowski SAO PAULO, Dec 11 (Reuters) - Chilean stocks rose more than 2 percent on Monday, their highest daily rise in almost two years, driven by foreign buyers in large stocks and higher prices for copper, the country's main export. The IPSA index rose 2.69 percent to 5,018.67 points, its best performance since January 2016. The copper reference price on the London Metals Exchange rose 1.5 percent, its largest daily rise in almost two months. Shar

businessNews reuters.com

Uber fights ban on cash payments in Mexican state

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Bitcoin futures suggest breakneck rise in price to slow

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

businessNews reuters.com

Wall Street ends higher with help from tech, energy

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

businessNews reuters.com

Wall Street rises with help from technology, energy sectors

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

companyNews reuters.com

GLOBAL-MARKETS-Wall Street stocks tick higher; stocks rise worldwide

* Wall Street up after brief uncertainty on New York explosion

companyNews reuters.com

Medical lab trade group sues over U.S. reimbursement cuts

Dec 11 (Reuters) - A U.S. trade association representing medical laboratories filed a lawsuit on Monday challenging a new reimbursement system used by the federal government that it said would reduce how much Medicare pays for labs by about $670 million in 2018.

businessNews reuters.com

New bitcoin futures suggest breakneck price gains to slow

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Wall Street higher as technology, energy stocks gain

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

companyNews reuters.com

US STOCKS-Wall St higher as technology, energy stocks gain

* Cryptocurrency related stocks bounce after bitcoin futures debut

environmentNews reuters.com

Netherlands confirms highly pathogenic bird flu outbreak: OIE

PARIS (Reuters) - The Netherlands confirmed an outbreak of highly contagious bird flu in the Flevoland province that led to the culling of nearly 16,000 ducks, the World Organisation for Animal Health (OIE) said on Monday.

companyNews reuters.com

UPDATE 1-Hackers hit U.S., Russian banks in ATM robbery scam-report

FRANKFURT, Dec 11 (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.

businessNews reuters.com

Ryanair pilots in Dublin vote in favor of industrial action

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

businessNews reuters.com

Wall Street ticks higher as New York explosion worries wane

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

companyNews reuters.com

US STOCKS-Wall St ticks higher as New York explosion worries wane

* Cryptocurrency related stocks bounce after bitcoin futures debut

companyNews reuters.com

BRIEF-Capital World Investors Reports A 13.8 Percent Passive Stake In Neovasc Inc

* CAPITAL WORLD INVESTORS REPORTS A 13.8 PERCENT PASSIVE STAKE IN NEOVASC INC AS OF NOVEMBER 30, 2017 - SEC FILING Source text : [http://bit.ly/2kZxgLY] Further company coverage:

businessNews reuters.com

UBS leads blockchain data reporting pilot ahead of new EU rules

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

businessNews reuters.com

Newly minted bitcoin futures indicate more modest growth ahead

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

companyNews reuters.com

UPDATE 1-SandRidge offers Icahn some deal records, rebuts claims

Dec 11 (Reuters) - SandRidge Energy Inc on Monday pushed back against activist investors Carl Icahn and Fir Tree Partners' attack on the oil and gas producer's proposed $746 million acquisition of rival Bonanza Creek Energy Inc.

Defense and Military Forces nytimes.com

Whirlwind Putin Tour Highlights Moscow’s New Reach in Mideast

The Russian president visited Syria and Egypt and was due in Turkey all in a day, a trip underscoring new alliances and his role as a statesman.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

cnn.com

Bitcoin futures forecast even higher prices

businessNews reuters.com

Lighthizer says WTO losing focus, must rethink development

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

businessNews reuters.com

First round of Volkswagen pay talks end without deal

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

companyNews reuters.com

CANADA STOCKS-TSX slips at open as banks, railways move lower

TORONTO, Dec 11 (Reuters) - Canada's main stock index edged lower in early trade on Monday, with declines in banks and railway stocks offsetting small overall gains for the materials sector.

businessNews reuters.com

S&P, Dow flat after Port Authority explosion

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

domesticNews reuters.com

U.S. high court turns away dispute over gay worker protections

(Reuters) - The U.S. Supreme Court on Monday refused to hear an appeal by a Georgia security guard who said she was harassed and forced from her job because she is a lesbian, avoiding an opportunity to decide whether a federal law that bans gender-based bias also outlaws discrimination based on sexual orientation.

businessNews reuters.com

Icahn nominates four directors to Xerox's board

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

businessNews reuters.com

Futures inch up, bitcoin grabs investor interest

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

businessNews reuters.com

Icahn makes four nominations for Xerox board

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

businessNews reuters.com

Hotly anticipated bitcoin futures ease off after 22 percent surge

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

businessNews reuters.com

Uber's London license appeal to be heard next year

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

businessNews reuters.com

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

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

companyNews reuters.com

SandRidge to make some internal records available for Icahn

Dec 11 (Reuters) - SandRidge Energy Inc said on Monday it would make some company records available to Carl Icahn, a week after the activist investor asked the oil and gas producer to release internal documents on its proposed acquisition of a rival.

politicsNews reuters.com

Trump records 'robo-call' for Moore ahead of Alabama vote

BIRMINGHAM, Ala (Reuters) - President Donald Trump sought to boost Republican U.S. Senate candidate Roy Moore by releasing a recorded phone call on his behalf in the final stretch of a bitter Alabama election fight marked by accusations of sexual misconduct against Moore.

businessNews reuters.com

Carrefour's Brazilian unit elects Malige as chairman

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

businessNews reuters.com

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

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

politicsNews reuters.com

Powell faces early test of policy view as tax cuts near approval

WASHINGTON (Reuters) - Incoming Federal Reserve chair Jerome Powell, chosen by U.S. President Donald Trump to keep the recovery humming, appears set to let an expected trillion=dollar tax cut run its course through the economy as weak wage growth and inflation buttress his view that the economy remains underpowered.

businessNews reuters.com

Bitcoin futures steal spotlight, momentum keeps pushing stocks up

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

companyNews reuters.com

UPDATE 4-Oil prices stable as OPEC cuts countered by rising US drilling

* Output rise undermines OPEC-led efforts to tighten market (Recasts, updates prices)

businessNews reuters.com

Ford's November China vehicle sales drop 8 percent year-on-year

(Reuters) - Ford Motor Co's sales in China fell 8 percent in November from a year ago, following a 5 percent decline in October, the U.S. automaker said on Monday.

companyNews reuters.com

Nikkei rises to close at 25-year high, construction companies fall

TOKYO, Dec 11 (Reuters) - Japanese stocks hit a fresh 25-year high on Monday in choppy trade as gains in financial shares and large cap stocks offset falls in real estate and construction companies, with Obayashi Corp diving more than 7 percent.

companyNews reuters.com

UPDATE 3-Oil dips on increased US drilling activity, uncertainty over OPEC cuts

* UAE says OPEC to next June announce strategy to exit cuts (Adds UAE comment, updates prices)

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.

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.

Law and Legislation nytimes.com

Editorial: Opening Up New York’s Public Records

Governor Cuomo has a chance to champion government transparency by signing a bill to pick up legal fees when a request is wrongly denied.

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.

companyNews reuters.com

GLOBAL MARKETS-Bitcoin futures race higher in volatile launch, dollar steady

* U.S. Fed expected to hike rates this week; BoE, ECB also meeting

businessNews reuters.com

Uber heads to court in fight for London survival

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

businessNews reuters.com

Bitcoin futures start trading on CBOE exchange

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

businessNews reuters.com

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

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

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.

healthNews reuters.com

Roche lymphoma drug drives high remission rate, longer survival: study

(Reuters) - An experimental Roche Holding AG drug, added to standard therapy, led to a far higher rate of remission and helped patients with an advanced, aggressive blood cancer live significantly longer than the standard treatment alone, according to data from a mid-stage trial released at a medical meeting on Sunday.

companyNews reuters.com

Roche lymphoma drug drives high remission rate, longer survival-study

Dec 10 (Reuters) - An experimental Roche Holding AG drug, added to standard therapy, led to a far higher rate of remission and helped patients with an advanced, aggressive blood cancer live significantly longer than the standard treatment alone, according to data from a mid-stage trial released at a medical meeting on Sunday.

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.

environmentNews reuters.com

Crews battling California wildfires gird for return of high winds

VENTURA, Calif. (Reuters) - Santa Ana winds that have stoked wildfires across Southern California, destroying hundreds of buildings and forcing evacuations of some 200,000 people are forecast to return in force on Sunday, authorities said.

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

Baseball: Ohtani introduced by Angels amid high expectations

LOS ANGELES (Reuters) - Shohei Ohtani said he had felt "something click" with the Los Angeles Angels as his reason for joining the team when being introduced at Anaheim Stadium on Saturday.

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.

cnn.com

Trump records robocall for Roy Moore

President Donald Trump recorded a robocall for Republican Senate candidate Roy Moore ahead of Tuesday's election, deputy White House press secretary Raj Shah confirmed Saturday night.

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.

cnn.com

Trump escalates his rhetoric following the plea deal reached by fired national security adviser Michael Flynn

President Donald Trump's escalating assault on the "rigged" and "sick" institutions of the government that he leads may portend an ominous end game to special counsel Robert Mueller's Russia investigation.

worldNews reuters.com

Kenyan lecturers end strike, say deal reached with government

NAIROBI (Reuters) - Lecturers in Kenya's public universities ended a strike on Saturday after reaching agreement with the government over pay and other issues, according to a statement from their union.

businessNews reuters.com

Apple in talks to acquire music identification app Shazam: source

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

companyNews reuters.com

BRIEF-Silence Therapeutics Cuts Stake In Arrowhead Pharma To 3.7 Pct From 6.4 Pct

* SILENCE THERAPEUTICS PLC CUTS STAKE IN ARROWHEAD PHARMACEUTICALS TO 3.7 PERCENT AS OF DECEMBER 8 FROM A STAKE OF 6.4 PERCENT AS OF NOVEMBER 29 - SEC FILING Source text: (http://bit.ly/2BPqQSX) Further company coverage:

businessNews reuters.com

PepsiCo to move to Nasdaq after nearly a century with NYSE

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

companyNews reuters.com

BRIEF-Capital Research Global Investors Reports 12.6 Pct Passive Stake In Bandwidth Inc As Of Nov 30

* CAPITAL RESEARCH GLOBAL INVESTORS REPORTS 12.6 PERCENT PASSIVE STAKE IN BANDWIDTH INC AS OF NOVEMBER 30 - SEC FILING Source text: (http://bit.ly/2kJzKOE) Further company coverage:

businessNews reuters.com

Apple's Ive returns to helm of design teams

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

companyNews reuters.com

BRIEF-Capital Research Global Investors Reports 11.1 Pct Passive Stake In Integra Lifesciences As Of Nov 30

* CAPITAL RESEARCH GLOBAL INVESTORS REPORTS 11.1 PERCENT PASSIVE STAKE IN INTEGRA LIFESCIENCES HOLDINGS CORP AS OF NOVEMBER 30 - SEC FILING Source text: (http://bit.ly/2jb88l1) Further company coverage:

cnn.com

FBI had investigated NM high school shooter

The 21-year-old man who shot and killed two students at Aztec High School in New Mexico on Thursday had previously been investigated by the FBI for online comments about planning a mass shooting.

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.

healthNews reuters.com

Depression in late teens linked to high school drop out

(Reuters Health) - Older teens struggling with depression are more than twice as likely to drop out of high school as peers without that mental illness or those who recovered from a bout of depression earlier in life, Canadian researchers say.

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.

companyNews reuters.com

CANADA STOCKS-TSX posts 2-week high as industrials lead broad-based rally

TORONTO, Dec 8 (Reuters) - Canada's main stock index rose to a two-week high on Friday, led by financial and industrial shares after solid U.S. jobs data boosted investor sentiment, while energy stocks climbed on higher oil prices.

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

U.S. tax revamp still incomplete as Republicans eye social program cuts

WASHINGTON (Reuters) - Even before completing their overhaul of the U.S. tax code, Republicans in Washington have begun turning their attention to changes and possible cuts in the social safety net of government programs for the poor, children, elderly and disabled Americans.

companyNews reuters.com

UPDATE 1-TIM expands high end broadband offerings in Brazil

SAO PAULO, Dec 8 (Reuters) - Brazilian telecoms provider TIM Participacoes SA launched an expansion of its fiber-to-the-home service outside the country's two biggest cities on Friday, adding to competition for Brazil's high-end broadband customers.

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.

sportsNews reuters.com

Alpine skiing: Vonn's stock is sky high in the risk business

LAKE LOUISE, Alberta (Reuters) - The downhill is very much a high risk, high reward business and American speed queen Lindsey Vonn was reminded again of the price you pay for success on the alpine World Cup ski circuit.

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.