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worldNews reuters.com

Canadian police probe 'suspicious' deaths of billionaire couple

TORONTO (Reuters) - Canadian police said they were investigating the mysterious deaths of Barry Sherman, founder of Canadian pharmaceutical firm Apotex Inc, and his wife, Honey, one of the nation's wealthiest couples whose bodies were found in their mansion on Friday.

cnn.com

Report: Billionaire, wife found dead in home

Toronto billionaire and philanthropist Barry Sherman and his wife were found dead in their mansion Friday afternoon, CNN affiliate CTV reports.

businessNews reuters.com

Uber should have given court an ex-employee's letter about 'fraud and theft' in Waymo case

SAN FRANCISCO (Reuters) - Ride hailing company Uber was obligated to turn over to a U.S. federal judge a letter from a former employee that told of the company's "fraud and theft" and mentioned evidence of stolen trade secrets nailed "like a scalp" to the wall, a court official said Friday.

cnn.com

GOP plan leans heavily toward breaks for business while expanding -- temporarily -- some tax cuts for individuals

businessNews reuters.com

Healthcare draws election-year worry, but 2016 repeat not seen

NEW YORK (Reuters) - With another election year looming, investors in the healthcare sector are wary the coming months could reopen wounds suffered during the 2016 U.S. presidential race.

worldNews reuters.com

Canada police probe 'suspicious' deaths of billionaire, wife

TORONTO (Reuters) - Canadian police said they were investigating the mysterious deaths of the billionaire founder of Canadian pharmaceutical firm Apotex Inc, Barry Sherman, and his wife, Honey, who were found dead in their Toronto mansion on Friday.

companyNews reuters.com

REFILE-UPDATE 2-Elliott takes stake in Akamai Tech, says shares undervalued

Dec 15 (Reuters) - Hedge fund Elliott Management disclosed a 6.5 percent stake in Akamai Technologies on Friday, and said the company's $9.7 billion market value did not reflect the uses of its platform, which speeds up content delivery over the internet.

companyNews reuters.com

UPDATE 3-Unilever to sell spreads business to KKR for $8 billion

* Co to return cash to shareholders barring other M&A (Adds Breakingviews link)

worldNews reuters.com

Canadian pharmaceutical billionaire, wife found dead in Toronto

(Reuters) - The billionaire founder of Canadian pharmaceutical firm Apotex Inc, Barry Sherman, and his wife Honey, were found dead in their Toronto home on Friday under circumstances that police described as "suspicious."

businessNews reuters.com

Hamburger chain Wendy's to reduce antibiotic use in beef supply

CHICAGO (Reuters) - Hamburger chain Wendy's Co laid out plans on Friday to trim the use of antibiotics that are important to human medicine from its beef supply, the latest step by a food company to fight concerns about resistance to the drugs in people.

businessNews reuters.com

P&G appoints Peltz to board despite losing proxy battle

(Reuters) - Procter & Gamble Co said it appointed Nelson Peltz to its board despite the activist investor narrowly losing a months-long proxy fight, the biggest ever involving a U.S. company.

worldNews reuters.com

Canadian billionaire found dead in Toronto: Ontario health minister

(Reuters) - The billionaire founder of Canadian pharmaceutical firm Apotex, Barry Sherman, and his wife Honey, were found dead in Toronto on Thursday, Ontario's health minister said on Twitter.

companyNews reuters.com

BRIEF-Steel Dynamics Q3 Adjusted Earnings Per Share $0.66 Excluding Items

* Q3 EARNINGS PER SHARE VIEW $0.65 -- THOMSON REUTERS I/B/E/S

cnn.com

Republican plan slashes corporate tax rate from 35% to 21% and keeps seven tax brackets

Republicans are poised to unveil their final tax bill Friday evening, a step that will place them on track to vote on their plan next week and potentially have President Donald Trump sign it into law by the end of the year.

businessNews reuters.com

Leading U.S. antitrust senator urges hearing on Disney, Fox deal

WASHINGTON (Reuters) - Senator Amy Klobuchar, the top Democrat on the Senate antitrust panel, urged the subcommittee on Friday to hold a hearing on Walt Disney Co's plan to buy a number of Twenty-First Century Fox Inc businesses.

companyNews reuters.com

BRIEF-Applied DNA Q4 Loss Per Share $0.10

* APPLIED DNA ANNOUNCES SELECTED PRELIMINARY UNAUDITED FISCAL FOURTH QUARTER AND YEAR END RESULTS

companyNews reuters.com

BRIEF-P&G Says About 972.8 Mln Shares Were Cast In Favor Of Nelson Peltz's Election To Board

* P&G SAYS ABOUT 972.8 MILLION SHARES WERE CAST IN FAVOR OF NELSON PELTZ'S ELECTION TO BOARD, WHILE ABOUT 16.4 MILLION SHARES WERE WITHHELD - SEC FILING Source: (http://bit.ly/2zfyTtB) Further company coverage:

businessNews reuters.com

Wall Street closes at records with tax overhaul in sight

NEW YORK (Reuters) - Wall Street's three major indexes climbed to record closing highs on Friday with broad-based gains as a long-awaited bill to cut corporate tax rates looked like it would win enough support from lawmakers to pass.

companyNews reuters.com

BRIEF-Perma-Pipe International Qtrly Loss Per Share $0.43

* PERMA-PIPE INTERNATIONAL HOLDINGS ANNOUNCES THIRD QUARTER FINANCIAL RESULTS

businessNews reuters.com

Oil hovers below two-year highs with focus on U.S. output

NEW YORK (Reuters) - Oil prices were mixed on Friday, lingering below two-year highs as the continuing outage of a North Sea pipeline gave support, while climbing U.S. output and weak gasoline demand kept a lid on gains.

companyNews reuters.com

BRIEF-Metlife Says In 2018 Baseline Capital Management Plan Would See Return Close To $5 Bln To Common Shareholders

* METLIFE INC - EXPECT TO HAVE CASH COMMITMENTS OF BETWEEN $2.0 BILLION & $3.0 BILLION OVER 2017 AND 2018 RELATING TO LIABILITY MANAGEMENT TRANSACTIONS

businessNews reuters.com

U.S. Justice Department, AT&T settlement talks failed: court filing

WASHINGTON (Reuters) - The U.S. Department of Justice and AT&T Inc have held unsuccessful settlement talks over the wireless and pay-TV company's bid to buy movie and TV show maker Time Warner Inc , the two sides said in a court filing on Friday.

businessNews reuters.com

Wall Street at record highs on rising hopes of tax overhaul

NEW YORK (Reuters) - Wall Street's three major indexes scaled new heights on Friday, with all major sectors pushing higher as a long-awaited tax bill that would cut corporate tax rates looked like it would win support among lawmakers.

companyNews reuters.com

GLOBAL MARKETS-World shares gain; U.S. yield curve flattest in decade

* Dollar index firmer on tax bill optimism (Updates to Europe close, adds commentary)

businessNews reuters.com

CSX shares derail after CEO takes unexpected medical leave

(Reuters) - CSX Corp shares skidded as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad by revenue sought to assure investors its turnaround would progress despite the unexpected medical leave of its chief executive officer.

businessNews reuters.com

Exclusive: Aston Martin owners rev up for 2018 exit with Lazard hire

LONDON (Reuters) - Aston Martin's owners have hired Lazard to prepare for a stock market listing or sale of the British sportscar maker made famous by fictional spy James Bond, sources familiar with the matter told Reuters.

companyNews reuters.com

Conn. Millstone nuclear plant seen profitable for years -report

Dec 15 (Reuters) - Dominion Energy Inc's Millstone nuclear power plant is expected to remain profitable through 2035, according to a study released by Connecticut energy regulators on Thursday, making it less likely the company will shut the reactors early.

companyNews reuters.com

BRIEF-Sonic Director Frank Richardson Reports Sale Of 50,000 Shares At $28-$28.39/Share

* SONIC CORP DIRECTOR FRANK RICHARDSON REPORTS OPEN MARKET SALE OF 50,000 SHARES PRICED BETWEEN $28.00 TO $28.39/SHARE- SEC FILING Source text : ( http://bit.ly/2CixX6F ) Further company coverage:

companyNews reuters.com

UPDATE 4-CSX shares derail after CEO takes unexpected medical leave

Dec 15 (Reuters) - CSX Corp shares skidded as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad by revenue sought to assure investors its turnaround would progress despite the unexpected medical leave of its chief executive officer.

companyNews reuters.com

BRIEF-Freddie Mac Prices $1.3 Billion Multifamily K-Deal, K-071

* FREDDIE MAC - EXPECTS TO ISSUE APPROXIMATELY $1.3 BILLION IN K CERTIFICATES WHICH ARE EXPECTED TO SETTLE ON OR ABOUT DECEMBER 22, 2017 Source text for Eikon: Further company coverage:

businessNews reuters.com

Wall Street at record on rising hopes of tax overhaul

(Reuters) - Wall Street major indexes scaled new heights on Friday, with all the major sectors pushing higher as the long-awaited bill to lower corporate tax rates enters the final stretch.

businessNews reuters.com

Lockheed to partner with Aerion to develop supersonic business jet

(Reuters) - Lockheed Martin Corp , the maker of F-35 and F-22 fighter jets, is partnering with plane maker Aerion Corp to develop the world's first supersonic business jet.

businessNews reuters.com

Wall Street rally sets the stage for big IPO year in 2018

(Reuters) - A relentless bull-run in U.S. stock indexes this year has set the stage for a strong IPO market in 2018, with several multi-billion dollar firms including Airbnb and Spotify widely expected to grab headlines with their offerings.

businessNews reuters.com

Unilever to sell spreads business to KKR for $8 billion

(Reuters) - Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros ($8.04 billion) to concentrate on faster growing products.

businessNews reuters.com

Exclusive: Safran, Zodiac deal expected to win unconditional EU approval - source

BRUSSELS (Reuters) - French aero engine maker Safran is set to secure an EU green light for its $7.7 billion bid for aircraft seat maker Zodiac Aerospace to create the world's third-largest aerospace supplier, a person familiar with the matter said on Friday.

cnn.com

Why I confronted Jeff Flake on a plane

I've spent my career as an advocate for economic justice, fighting for basic fairness for working families. It wasn't until this past year that I began fighting for my own life.

companyNews reuters.com

UPDATE 2-Unilever to sell spreads business to KKR for $8 billion

* Co to return cash to shareholders barring other M&A (Updates with Unilever confirmation)

companyNews reuters.com

Brazil telecoms regulator Anatel still against Oi restructuring plan

BRASILIA, Dec 15 (Reuters) - Brazilian telecoms regulator Anatel still plans to vote against a plan put forth by carrier Oi SA to exit bankruptcy protection, the body's president, Juarez Quadros, said on Friday.

businessNews reuters.com

Exclusive: FCC plans to fine Sinclair $13.3 million over undisclosed commercials

WASHINGTON (Reuters) - The Federal Communications Commission plans to fine Sinclair Broadcasting Corp $13.3 million after it failed to properly disclose that paid programming that aired on local TV stations was sponsored by a cancer institute, three people briefed on the matter told Reuters.

businessNews reuters.com

Ryanair offers to recognize unions in historic shift to try to avert strikes

DUBLIN (Reuters) - Ryanair offered on Friday to recognize pilot unions for the first time in its 32-year history in a last-minute attempt to avert its first-ever pilot strike.

businessNews reuters.com

Brazil's Embraer eyes 2024 commercial launch for Uber partnership: CEO

SAO PAULO (Reuters) - A partnership that Brazilian planemaker Embraer SA has struck with U.S. ride-hailing application Uber Technologies Inc will launch its first test flight in 2020, and aims to start commercial service in 2024, an executive said on Friday.

businessNews reuters.com

Tesla largely responsible for slide in U.S. home solar sales

(Reuters) - After years of double-digit growth, home solar installations in the United States are poised to fall for the first time this year, according to a report released on Thursday by GTM Research.

companyNews reuters.com

CORRECTED-Tesla largely responsible for slide in U.S. home solar sales

Dec 15 (Reuters) - After years of double-digit growth, home solar installations in the United States are poised to fall for the first time this year, according to a report released on Thursday by GTM Research.

domesticNews reuters.com

U.S. court dismisses $3 billion suit against Deutsche Bank by Jewish family heirs

FRANKFURT (Reuters) - A U.S. district court in Florida has dismissed a lawsuit by the heirs of a prominent Jewish family seeking $3 billion from Deutsche Bank.

businessNews reuters.com

Wall St. rises as bank, healthcare stocks gain

(Reuters) - Wall Street indexes rose in morning trading on Friday, driven by gains in shares of banking and healthcare companies and on hopes that a final Republican tax bill will be unveiled in Congress later in the day.

businessNews reuters.com

Exclusive: EU regulators set to clear Safran, Zodiac deal - source

BRUSSELS (Reuters) - EU antitrust regulators are expected to approve without conditions French aero engine maker Safran's bid for aircraft seats, toilets and galleys maker Zodiac Aerospace , a person familiar with the matter said on Friday.

companyNews reuters.com

UPDATE 3-CSX shares derail after CEO takes unexpected medical leave

Dec 15 (Reuters) - CSX Corp shares slid as much as 10 percent on Friday, wiping out $4 billion in market value, as the No. 3 U.S. railroad sought to assure investors its turnaround would progress despite the unexpected medical leave of its chief executive officer.

businessNews reuters.com

Unilever to sell margarine and spreads unit to KKR for $8 billion

LONDON (Reuters) - Unilever has agreed to sell its margarine and spreads business to KKR for 6.8 billion euros ($8 billion), it said on Friday, confirming an earlier report by Reuters saying the U.S. private equity fund had made it into exclusive talks to buy the shrinking business.

businessNews reuters.com

EU court rejects U.S. intervention in Apple's Irish $15 billion tax case

BRUSSELS (Reuters) - Europe's second-highest court has rejected a request from the U.S. government to intervene in Apple's challenge against an EU order to pay back taxes of up to 13 billion euros ($15.3 billion) because it failed to prove a direct interest in the outcome of the case.

United States Politics and Government nytimes.com

With Concession to Rubio on Child Credit, G.O.P. Is Set to Release Compromise Tax Plan

Republican lawmakers have agreed to expand the child care tax credit so that it benefits more low-income Americans, a move intended to win back the support of Senator Marco Rubio of Florida.

businessNews reuters.com

Steinhoff's ex-chairman Wiese calls off $2.6 billion Shoprite deal

JOHANNESBURG (Reuters) - South African tycoon Christo Wiese on Friday called off plans to sell his stake in grocer Shoprite to Steinhoff's African arm , a day after he resigned from Steinhoff's board in the midst of an accounting scandal.

businessNews reuters.com

Wall Street up as gains in consumer staples power recovery

(Reuters) - Wall Street indexes rose on Friday with gains in consumer stocks such as Costco Wholesale helping a broad recovery.

companyNews reuters.com

UPDATE 2-CSX shares derail after CEO takes medical leave

Dec 15 (Reuters) - CSX Corp shares slid on Friday as the No. 3 U.S. railroad sought to assure investors its turnaround would progress full steam ahead despite the unexpected medical leave of chief executive officer Hunter Harrison.

companyNews reuters.com

UPDATE 1-Icahn steps up fight against SandRidge's plan to buy Bonanza Creek

Dec 15 (Reuters) - Activist investor Carl Icahn on Friday stepped up its fight against SandRidge Energy Inc's plan to buy a rival, urging fellow stockholders to vote against the oil and gas company's plan to issue shares for the $746 million deal.

businessNews reuters.com

Wall Street opens higher on tax bill optimism

(Reuters) - Wall Street opened higher on Friday as investors were optimistic about the passage of the Republican's much-awaited tax overhaul bill by the year-end.

companyNews reuters.com

GLOBAL MARKETS-Shares limp toward third week of gains, Bitcoin roars to new high

* Wall Street set to rebound after concerns about U.S. tax reforms

topNews reuters.com

Exclusive: Italy plans big handover of sea rescues to Libya coastguard

ROME/TRIPOLI (Reuters) - Italy wants Libya's coastguard to take responsibility within three years for intercepting migrants across about a tenth of the Mediterranean even as Libyan crews struggle to patrol their own coast and are accused of making deadly mistakes at sea.

businessNews reuters.com

Chairman of Brazilian conglomerate Odebrecht to step down: paper

SAO PAULO (Reuters) - Emílio Odebrecht will resign as chairman of the board of the scandal-plagued Brazilian engineering conglomerate Odebrecht SA in the first half of next year, newspaper O Estado de S. Paulo reported on Friday, citing an unnamed source.

businessNews reuters.com

Icahn steps up fight against SandRidge's plan to buy Bonanza Creek

(Reuters) - Activist investor Carl Icahn on Friday urged SandRidge Energy Inc's stockholders to vote against the oil and gas company's plan to issue shares for its proposed acquisition of Bonanza Creek Energy .

businessNews reuters.com

Exclusive: KKR wins auction for Unilever's spreads business - sources

(Reuters) - Private equity firm KKR is in exclusive talks to buy Unilever's margarine and spreads business, people familiar with the matter said on Friday, in a deal expected to top $7 billion.

companyNews reuters.com

UPDATE 1-Brazil's Petrobras to announce revised capex plan next week -CEO

SAO PAULO, Dec 15 (Reuters) - Brazil's state-run oil company Petróleo Brasileiro SA will announce a revision to its investment plan next week, Chief Executive Officer Pedro Parente said on Friday.

companyNews reuters.com

BRIEF-Valley National Bancorp Announces Receipt Of Regulatory And Shareholder Approvals

* VALLEY NATIONAL BANCORP ANNOUNCES THE RECEIPT OF REGULATORY AND SHAREHOLDER APPROVALS FOR THE ACQUISITION OF USAMERIBANCORP, INC. Source text for Eikon: Further company coverage:

businessNews reuters.com

South African regulator probes conduct of Steinhoff auditors

JOHANNESBURG (Reuters) - South Africa's Independent Regulatory Board for Auditors (IRBA) is investigating Steinhoff's auditor following the retail group's disclosure of accounting irregularities, it said on Friday.

businessNews reuters.com

CSX shares tumble after CEO's medical leave

(Reuters) - CSX Corp's shares tumbled on Friday in premarket trading after the No. 3 U.S. railroad said Chief Executive Hunter Harrison was taking medical leave for unexpected complications from a recent unspecified illness.

businessNews reuters.com

Let board do its job finding successor, Airbus CEO urges staff

PARIS (Reuters) - Airbus Chief Executive Tom Enders, who is stepping down in 2019, urged employees on Friday to allow the board to pick his successor without being distracted by speculation about who would replace him.

businessNews reuters.com

Stock futures recover from tax bill concerns

(Reuters) - U.S. stock markets were set to open higher on Friday, recovering from a bout of uncertainty surrounding the passage of the Republicans' much-awaited tax overhaul bill.

companyNews reuters.com

BRIEF-Univar Announces Pricing Of Sale Of 10 Mln Shares Of Common Stock By Clayton, Dubilier & Rice Llc

* UNIVAR ANNOUNCES PRICING OF SALE OF 10,000,000 SHARES OF COMMON STOCK BY CLAYTON, DUBILIER & RICE LLC

companyNews reuters.com

UPDATE 3-Hong Kong to push ahead with controversial dual-class shares

* HKEX drafting specific rule changes to allow dual-class shares

businessNews reuters.com

Some Canada firms could move to U.S. amid NAFTA worries: survey

OTTAWA (Reuters) - More a quarter of Canadian firms could move part of their operations to the United States amid uncertainty over the future of the NAFTA trade pact, the nation's export credit agency said on Friday.

businessNews reuters.com

Tesla largely responsible for slide in U.S. home solar sales: report

(Reuters) - After years of double-digit growth, home solar installations in the United States are poised to fall for the first time this year, according to a report released on Thursday by GTM Research.

businessNews reuters.com

India raises import tax on cellphones, move to hurt Apple

NEW DELHI (Reuters) - India has increased the import tax on dozens of electronic products such as mobile phones and television sets, a government statement said, to help curb supplies from overseas and build up the domestic industry.

companyNews reuters.com

UPDATE 2-Hong Kong to push ahead with controversial dual-class shares

* HKEX drafting specific rule changes to allow dual-class shares

businessNews reuters.com

Germany's Merck in fresh bid to enter U.S. MS pill market

FRANKFURT (Reuters) - Germany's Merck KGaA is reviving plans to bring an oral multiple sclerosis (MS) treatment to the U.S. market, hoping for blockbuster sales despite regulatory concerns about side effects having frustrated its ambitions almost seven years ago.

businessNews reuters.com

Airbus board triggers shake-up to end succession row

PARIS (Reuters) - Airbus confirmed the departure of planemaking chief Fabrice Bregier as part of a series of board moves on Friday to clear the air over succession plans following weeks of speculation surrounding Europe's largest aerospace firm.

businessNews reuters.com

Global shares limp toward third week of gains, dollar hobbles

LONDON (Reuters) - World shares fell on Friday and the dollar slipped against major and heavyweight emerging market currencies, as nagging uncertainty about a U.S. tax cuts package dovetailed with broad-based end-of-year caution.

companyNews reuters.com

GLOBAL MARKETS-Shares limp toward third week of gains, dollar hobbles

LONDON, Dec 15 (Reuters) - World shares fell on Friday and the dollar slipped against major and heavyweight emerging market currencies, as nagging uncertainty about a U.S. tax cuts package dovetailed with broad-based end-of-year caution.

United States Politics and Government nytimes.com

With Billions at Stake in Tax Debate, Lobbyists Played Hardball

The rapid pace of the tax bill moving through Congress left lobbyists with little time and few lawmakers to press for changes in the $1.5 trillion overhaul.

cnn.com

Rep. Farenthold announces plan to retire

Republican Congressman Blake Farenthold announced he will not seek re-election after several sexual harassment claims have surfaced against him.

companyNews reuters.com

UPDATE 1-Hong Kong to push ahead with controversial dual-class shares

* HKEX drafting specific rule changes to allow dual-class shares

companyNews reuters.com

Hong Kong gearing up to allow controversial dual-class shares

HONG KONG, Dec 15 (Reuters) - Hong Kong is set to allow controversial dual-class shares under rule changes to be proposed by the city's stock exchange as it raises the stakes in its battle against New York for blockbuster Chinese initial public offerings (IPOs).

companyNews reuters.com

BRIEF-Nanya Technology sells 2 mln shares in Micron Technology for $86.9 mln

* Says it sells 2 million shares in Micron Technology Inc for $86.9 million

businessNews reuters.com

Australia cobalt rush accelerates on electric vehicle demand, DRC troubles

MELBOURNE (Reuters) - Australia, home to the world's second-biggest cobalt reserves, is seeing a rush of interest in projects still years from production as makers of batteries used in electric vehicles (EVs) seek supplies of the metal from a more costly but less risky source than top miner, the Democratic Republic of Congo.

businessNews reuters.com

Japan's Yamato plans to open labor-saving facility next year

TOKYO (Reuters) - Japan's largest package delivery company, Yamato Transport Co, is considering plans to open a new distribution facility with labor-saving technology near Tokyo early next year, its chief executive said on Friday.

technologyNews reuters.com

South Korea's Kakao to issue GDRs of up to $1 billion for M&A

SEOUL (Reuters) - South Korean messaging app service provider Kakao Corp said on Friday it is targeting raising up to $1 billion overseas for use in global mergers and acquisitions.

businessNews reuters.com

Ryanair to recognize unions in historic shift to stop strike

DUBLIN (Reuters) - Ryanair on Friday announced that it would recognize pilot unions for the first time in its 32-year history in a bid to stop the first pilot strike in its history from taking place later in the day.

businessNews reuters.com

Oil prices rise on North Sea pipeline outage, but growing US output looms

SINGAPORE (Reuters) - Oil prices moved up on Friday, lifted by the Forties pipeline outage in the North Sea and ongoing OPEC-led production cuts, although rising output from the United States kept a lid on markets.

businessNews reuters.com

Exclusive: China's CNPC weighs taking over Iran project if Total leaves - sources

BEIJING/LONDON (Reuters) - China's top oil and gas company CNPC is considering taking over Total's stake in a giant Iranian gas project if the French company leaves Iran to comply with any new U.S. sanctions, industry sources said.

companyNews reuters.com

GLOBAL MARKETS-Asian shares slip, US tax reform woes dent sentiment

TOKYO, Dec 15 (Reuters) - Asian shares erased earlier modest gains on Friday with sentiment dented by Wall Street's weakness on concerns about the progress of U.S. tax reform, though regional stocks remain on track for a weekly rise.

businessNews reuters.com

Oil prices rise on North Sea pipeline outage, but rising U.S. output looms

SINGAPORE (Reuters) - Oil prices moved up on Friday, lifted by the Forties pipeline outage in the North Sea and ongoing OPEC-led production cuts, although rising output from the United States kept a lid on markets.

businessNews reuters.com

Airbus confirms management shake-up

PARIS (Reuters) - Airbus confirmed a top management shake-up on Friday, following weeks of turmoil at the European planemaker.

businessNews reuters.com

Paralysis at PDVSA: Venezuela's oil purge cripples company

CARACAS/HOUSTON (Reuters) - Decisions at some joint ventures with foreign firms are delayed. A growing number of oil tankers sit idle because no one authorizes payments. Employees struggle to get approval for routine expenses, from taxis to training.

businessNews reuters.com

Oil prices stable on tighter market, but rising US output looms for 2018

SINGAPORE (Reuters) - Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and ongoing OPEC-led production cuts supported prices, while rising output from the United States kept crude from rising further.

businessNews reuters.com

Asian shares slip, U.S. tax reform woes dent sentiment

TOKYO (Reuters) - Asian shares erased earlier modest gains on Friday but were still on track for a weekly rise, as sentiment was hurt by Wall Street's weakness on concerns about the progress of U.S. tax reform.

companyNews reuters.com

GLOBAL MARKETS-Asian shares slip, U.S. tax reform woes dent sentiment

TOKYO, Dec 15 (Reuters) - Asian shares erased earlier modest gains on Friday but were still on track for a weekly rise, as sentiment was hurt by Wall Street's weakness on concerns about the progress of U.S. tax reform.

businessNews reuters.com

Oil stable on tighter market, but rising US output looms for 2018

SINGAPORE (Reuters) - Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and the ongoing OPEC-led production cuts supported prices, while rising output from the United States kept crude from rising further.

businessNews reuters.com

Asian shares edge up, on track for weekly gain

TOKYO (Reuters) - Asian shares edged higher on Friday, on track for weekly gains, though sentiment was kept in check by Wall Street's weakness on concerns about the progress of U.S. tax reform.

cnn.com

Opinion: Mom, Pop -- you're the losers in this tax plan

As the Republican tax plan continues to advance -- and morph -- with dizzying speed, those of us in the accounting business continue to be astonished by the thickening maze of loopholes emerging from the bill.

companyNews reuters.com

GLOBAL MARKETS-Asian shares edge up, on track for weekly gain

TOKYO, Dec 15 (Reuters) - Asian shares edged higher on Friday, on track for weekly gains, though sentiment was kept in check by Wall Street's weakness on concerns about the progress of U.S. tax reform.

companyNews reuters.com

BRIEF-‍Innergex Obtains Support From Alterra's Shareholders​

* ‍SPECIAL RESOLUTION WAS APPROVED BY 99.89% OF 32,994,488 VOTES CAST BY ALTERRA SHAREHOLDERS​ Source text for Eikon: Further company coverage:

companyNews reuters.com

UPDATE 3-Oracle shares tumble as cloud outlook darkens

Dec 14 (Reuters) - Oracle Corp on Thursday forecast current-quarter cloud revenue growth that missed Street expectations after reporting disappointing second-quarter sales in the same business, sending its shares down nearly 7 percent after hours.

companyNews reuters.com

BRIEF-‍Alterra Power Says Shareholders Approve Of Innergex Arrangement

* ‍ALTERRA POWER CORP. ANNOUNCES SHAREHOLDER APPROVAL OF ARRANGEMENT​

businessNews reuters.com

More efficient SUVs a factor in product strategy: Ford CEO

DETROIT (Reuters) - Ford Chief Executive Jim Hackett said on Thursday the automaker is reviewing its product portfolio as consumers show a preference for sport utility vehicles that have fuel efficiencies closer to sedans.

businessNews reuters.com

Airbus planemaking chief Bregier to leave in February: sources

PARIS (Reuters) - Airbus planemaking chief Fabrice Bregier plans to leave the aerospace group after the board intervened to resolve tensions over the future succession to Chief Executive Tom Enders, sources familiar with the matter said on Thursday.

companyNews reuters.com

UPDATE 1-Oi board may call shareholder meeting to debate restructuring plan -sources

RIO DE JANEIRO, Dec 14 (Reuters) - The board of Brazilian telecommunications company Oi SA will meet on Friday, and will likely call a shareholders meeting to debate a restructuring deal struck by its executives and key creditors, two sources familiar with the board's thinking said on Thursday.

companyNews reuters.com

UPDATE 2-Airbus planemaking chief Bregier to leave in February -sources

PARIS, Dec 14 (Reuters) - Airbus planemaking chief Fabrice Bregier plans to leave the aerospace group after the board intervened to resolve tensions over the future succession to Chief Executive Tom Enders, sources familiar with the matter said on Thursday.

domesticNews reuters.com

New York, New Jersey commit $3.65 billion to fund tunnel project

NEW YORK (Reuters) - New York and New Jersey on Thursday committed $1.75 billion and $1.9 billion, respectively, to fund a new rail tunnel underneath New York's Hudson River, part of an urgent program to expand and renovate Amtrak's aging and heavily traveled Northeast Corridor line.

Space and Astronomy nytimes.com

Trilobites: An 8th Planet Is Found Orbiting a Distant Star, With A.I.’s Help

A Google neural network analyzed data collected by NASA and helped astronomers detect another planet around a star some 2,500 light years away.

companyNews reuters.com

BRIEF-Consolidated HCI Holdings Corp Qtrly Loss Per Share $0.07

* CONSOLIDATED HCI HOLDINGS CORPORATION ANNOUNCES ITS 2017 ANNUAL AND FOURTH QUARTER RESULTS

companyNews reuters.com

Brazil's Petrobras receives $3 billion in China Development Bank loan

SAO PAULO, Dec 14 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA on Thursday received $3 billion under a $5 billion loan from China Development Bank, the company said in a securities filing.

businessNews reuters.com

Uber investor departs venture firm amid harassment claims

SAN FRANCISCO (Reuters) - Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc, said on Thursday that he would sever ties with his venture capital company, Sherpa Capital, after being accused of sexual misconduct.

businessNews reuters.com

Ford to move autonomous vehicle business to Detroit

(Reuters) - Ford Motor Co said on Thursday it would relocate its autonomous and electric vehicle units to Detroit from Dearborn, Michigan.

businessNews reuters.com

Murdoch bets live sports and news will boost new, smaller Fox

NEW YORK (Reuters) - Rupert Murdoch is banking on Americans' love of live sports and breaking news for a new, slimmed down version of his Fox TV business after selling the company's film studios and international operations to Walt Disney Co .

businessNews reuters.com

Wall St falls as investors fret about tax bill passage

NEW YORK (Reuters) - Major U.S. stock indexes fell on Thursday, with the S&P 500 down the most in a month, as investor worries over potential roadblocks to the Republicans' tax overhaul more than offset optimism over strong retail sales data.

companyNews reuters.com

BRIEF-DDR Corp Says Board Unanimously Approved Plan To Spin Off Portfolio Of 50 Assets

* DDR CORP - BOARD OF DIRECTORS HAS UNANIMOUSLY APPROVED A PLAN TO SPIN OFF A PORTFOLIO OF 50 ASSETS

companyNews reuters.com

Southwest Airlines would use tax savings on planes, share buybacks

NEW YORK, Dec 14 (Reuters) - Southwest Airlines Co would use savings from a potential cut to the U.S. corporate tax rate to buy new planes and fund share buybacks, Chief Executive Gary Kelly said on Thursday.

businessNews reuters.com

Exclusive: Chevron nears Schlumberger deal to drill wells in Brazil: sources

RIO DE JANEIRO (Reuters) - Chevron Corp has reached preliminary agreement with oil services firm Schlumberger NV to drill six wells in a Brazilian offshore field, two sources said this week, in a bid to lift its output in the South American country after a 2011 oil spill there cut production.

businessNews reuters.com

Wiese resigns as Steinhoff chairman in wake of accounting scandal

BERLIN/JOHANNESBURG (Reuters) - South African tycoon Christo Wiese resigned on Thursday as chairman of Steinhoff , the latest setback for the retail group in the throes of an accounting scandal.

topNews reuters.com

Homegrown attacks rising worry in U.S. as Islamic State weakens abroad

NEW YORK (Reuters) - The online video's message was clear: Supporters of Islamic State who could not travel overseas to join the militant group should carry out attacks wherever they were in the United States or Europe.

companyNews reuters.com

Brazil's Neoenergia seen delaying IPO, shareholders won't reduce price -sources

SAO PAULO, Dec 14 (Reuters) - Brazilian utility Neoenergia SA is expected to decide for the postponement of its initial public offering, two sources with knowledge of the matter said on Thursday.

scienceNews reuters.com

Google crunches data to help NASA find two new planets

SAN FRANCISCO (Reuters) - Alphabet Inc's Google and NASA said on Thursday that advanced computer analysis identified two new planets around distant stars, including one that is part of the first star system with as many planets as Earth's solar system.

companyNews reuters.com

BRIEF-CBOE Data Shop Plans To Add FX Offerings, Spot & Futures Bitcoin Data

* CBOE DATA SHOP PLANS TO ADD FX OFFERINGS, SPOT AND FUTURES BITCOIN DATA

businessNews reuters.com

Wall Street falls as investors fret about tax bill passage

(Reuters) - The S&P 500 and the Dow were lower on Thursday as investors worried about potential roadblocks to Republicans' tax overhaul, offseting their optimism over strong retail sales data.

businessNews reuters.com

Airbus planemaking chief Bregier to step down: sources

PARIS (Reuters) - Airbus Chief Operating Officer and planemaking chief Fabrice Bregier is expected to step down following a board meeting on Thursday to tackle management tensions at the aerospace group, two sources familiar with the matter said.

cnn.com

NASA: Eight planets found orbiting distant star

For the first time, eight planets have been found orbiting a distant star, Kepler-90, 2,545 light-years from Earth in the Draco constellation, NASA announced Thursday. It is the first star known to support as many planets as are orbiting our own sun, and researchers believe that this is the first of many to come.

companyNews reuters.com

Airbus planemaking chief Bregier to step down -sources

PARIS, Dec 14 (Reuters) - Airbus Chief Operating Officer and planemaking chief Fabrice Bregier is expected to step down following a board meeting on Thursday to tackle management tensions at the aerospace group, two sources familiar with the matter said.

companyNews reuters.com

GLOBAL MARKETS-Global shares little changed after central bank meetings

* U.S. stocks down (Updates to Europe close, adds commentary)

businessNews reuters.com

Court reverses Dell buyout ruling that alarmed dealmakers

WILMINGTON, Del. (Reuters) - Delaware's Supreme Court ruled on Thursday that a lower court erred in finding that the 2013 buyout of computer maker Dell Inc was vastly underpriced, a ruling that had allowed hedge funds to wring extra cash from the deal.

cnn.com

Weird planets beyond our solar system

From a scorched world with surfaces hotter than lava, to one of the best chances for life outside of our solar system, scientists have discovered a host of incredible exoplanets orbiting other stars in our night's sky.

businessNews reuters.com

Steinhoff says Christo Wiese steps down as chairman

BERLIN (Reuters) - Retail group Steinhoff , which is fighting for survival following its disclosure of accounting irregularities, said on Thursday that South African tycoon Christo Wiese has stepped down as chairman.

businessNews reuters.com

Pier 1 Imports slumps 30 percent; holiday optimism disappears

SAN FRANCISCO (Reuters) - Pier 1 Imports Inc's stock lost nearly a third of its value on Thursday and its main competitors' shares also fell after the furniture and home decorations retailer warned the holiday shopping season was not going well.

businessNews reuters.com

S&P, Dow flat as healthcare losses offset by tech, media gains

(Reuters) - The S&P 500 and the Dow were trading flat in early afternoon on Thursday as losses in healthcare stocks such as Johnson & Johnson were offset by gains in shares of technology and consumer discretionary companies.

businessNews reuters.com

Sulzberger Jr to retire as NYT publisher by end of December

(Reuters) - Arthur Sulzberger Jr. will retire as publisher of the New York Times by the end of December and will be replaced by his son A.G. Sulzberger, the New York Times Co said on Thursday.

businessNews reuters.com

Disney buying Fox film, TV units for $52 billion in digital push

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

technologyNews reuters.com

Hackers halt plant operations in watershed cyber attack

(Reuters) - Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack that halted plant operations, according to cyber investigators and the firm whose software was targeted.

companyNews reuters.com

UPDATE 2-European shares lag Wall Street, ECB provides no momentum

* Wind turbine makers boosted by U.S. tax development (Adds closing prices, quotes)

businessNews reuters.com

Delaware court reverses controversial Dell buyout ruling

WILMINGTON, Del (Reuters) - Delaware's Supreme Court ruled on Thursday that a lower court erred in its controversial finding last year that the 2013 buyout of computer maker Dell Inc was vastly underpriced.

businessNews reuters.com

Exclusive: Luxottica, Essilor tie-up on track for unconditional EU okay - sources

BRUSSELS (Reuters) - Italian eyewear maker Luxottica and French lens manufacturer Essilor are set to win unconditional EU antitrust approval for their 48 billion-euro ($57 billion) merger, two people familiar with the matter said on Thursday.

topNews reuters.com

World shares little changed amid slate of central bank meetings

NEW YORK (Reuters) - World stock markets were little changed on Thursday after policy meetings from major central banks in Europe, while some U.S. shares were buoyed by news that the Republicans' tax legislation could face final votes in Congress before year-end.

companyNews reuters.com

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

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

environmentNews reuters.com

Hungary plans big boost in solar power generation

BUDAPEST (Reuters) - Hungary will relax rules on the construction of small solar power plants and subsidize loans to landowners as part of efforts to promote renewable energy, a government official said on Thursday.

businessNews reuters.com

Renault revives Alpine production with 6,000-car capacity

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

businessNews reuters.com

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

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

companyNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Wall Street climbs as tax reform enters last lap

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

companyNews reuters.com

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

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

businessNews reuters.com

Volkswagen says some employees cooperated with Brazil's military regime

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

businessNews reuters.com

Wall Street opens higher as bank stocks gain

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

businessNews reuters.com

Record number of Americans to travel during Christmas holiday: AAA

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

businessNews reuters.com

Delta Air Lines to place order for Airbus jets

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

companyNews reuters.com

MIDEAST STOCKS-Region mixed, stimulus plan doesn't buoy Saudi

* Saudi Electricity continues slide on news of payment to state

businessNews reuters.com

Global stocks edge up amid central bank bonanza

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

companyNews reuters.com

BRIEF-Mineral Hill Industries Terminates Share Purchase Agreement With 12 Shareholders Of CPS Energy Resources

* MINERAL HILL INDUSTRIES - TERMINATED SHARE PURCHASE AGREEMENT WITH 12 SHAREHOLDERS OF CPS ENERGY RESOURCES DUE TO NON-COMPLIANCE WITH TERMS OF SPA Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Addvantage Technologies Announces Q4 Loss Per Share $0.03

* ADDVANTAGE TECHNOLOGIES ANNOUNCES FINANCIAL RESULTS FOR THE FISCAL FOURTH QUARTER OF 2017

Murdoch, Rupert nytimes.com

His Plans Gone Awry, Rupert Murdoch Divides His Spoils

As he prepares to sell off much of 21st Century Fox, the 86-year-old magnate is having his King Lear moment.

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Transat A.T. Inc Reports Q4 Earnings Per Share C$3.97

* TRANSAT A.T. INC. - RESULTS FOR FOURTH QUARTER AND FISCAL 2017

companyNews reuters.com

BRIEF-Teva Announces Restructuring Plan And Measures To Improve Its Business And Financial Performance

* TEVA ANNOUNCES RESTRUCTURING PLAN AND ADDITIONAL MEASURES TO IMPROVE ITS BUSINESS AND FINANCIAL PERFORMANCE

companyNews reuters.com

BRIEF-Guyana Goldfields Plans To Release Optimized Mine Plan For Aurora Gold Mine In Q1

* GUYANA GOLDFIELDS INC. CONTINUES TO OPTIMIZE THE AURORA GOLD MINE

businessNews reuters.com

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

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

companyNews reuters.com

BRIEF-Kalvista Pharmaceuticals Reports Q2 Loss Per Share $0.50

* KALVISTA PHARMACEUTICALS REPORTS FISCAL SECOND QUARTER RESULTS

companyNews reuters.com

BRIEF-Allena Pharma Reports Q3 Loss Per Share $3.49

* ALLENA PHARMACEUTICALS REPORTS THIRD QUARTER 2017 FINANCIAL RESULTS AND PROVIDES BUSINESS UPDATE

businessNews reuters.com

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

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

cnn.com

The $52.4 billion deal for much of Rupert Murdoch's company could help Disney fend off digital rivals

PersonalFinance reuters.com

Column: New U.S. state retirement plans are welcome, but why so expensive?

CHICAGO (Reuters) - Next month, Oregon will become the first U.S. state to start automatically signing up workers to save for retirement if they do not already have a workplace 401(k).

healthNews reuters.com

With no deal on children's health plan, U.S. states scramble for Plan B

NEW YORK/WASHINGTON (Reuters) - For Nancy Minoui of Portland, Oregon, and Crystal Lett of Dublin, Ohio, Congress' failure to fund the Children's Health Insurance Program is not some distant tale of political wrangling.

companyNews reuters.com

BRIEF-Cleantech Solutions International Says Shareholders Approve Of Corporate Name Change

* CLEANTECH SOLUTIONS INTERNATIONAL ANNOUNCES SHAREHOLDER APPROVAL OF CORPORATE NAME CHANGE TO SHARING ECONOMY INTERNATIONAL INC.

businessNews reuters.com

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

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

businessNews reuters.com

Norwegian Air ramps up transatlantic fare war with four new routes

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

politicsNews reuters.com

Do not expect postcard-sized tax return from Republican plan: experts

WASHINGTON (Reuters) - Since mid-2016, U.S. House Speaker Paul Ryan has carried around a "postcard" that he has said shows how easy it will be for Americans to file their taxes once Republicans are finished their tax overhaul.

businessNews reuters.com

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

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

New York City nytimes.com

New York Today: New York Today: The Plan for the L Train Shutdown

Thursday: Your options during the L train shutdown, wintry weather and readers reflect on the terrorist attack.

businessNews reuters.com

European stocks, euro dip as central banks dominate

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

businessNews reuters.com

UK retailers enjoy bumper Black Friday sales

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

businessNews reuters.com

UK retailers enjoy bumper Black Friday sales: ONS

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

companyNews reuters.com

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

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

technologyNews reuters.com

Atos shares fall 2.8 percent after Gemalto rejects takeover bid

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

companyNews reuters.com

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

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

companyNews reuters.com

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

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

cnn.com

The tax plan's benefits will likely take years to unfurl, are too small to enrich most Americans and may deepen inequality and fan resentment

In decades to come, people will talk about the Trump tax cuts as they now reminisce over the Reagan, Bush and Kennedy giveaways.

worldNews reuters.com

After defeat at home, Britain's May urges EU leaders to move on with Brexit

LONDON/BRUSSELS (Reuters) - British Prime Minister Theresa May will urge European Union leaders to approve an agreement to move Brexit talks on to a second phase on Thursday, just hours after an embarrassing parliamentary defeat at home that weakens her hand.

companyNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

Nikkei slips, telecom shares slump on Rakuten market entry plan

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

businessNews reuters.com

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

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

businessNews reuters.com

Airbus executive says considering cuts to A380 production, still undecided

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

companyNews reuters.com

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

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

companyNews reuters.com

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

* PROTEOSTASIS THERAPEUTICS PRICES PUBLIC OFFERING OF COMMON STOCK

companyNews reuters.com

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

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

Delays (Transportation) nytimes.com

Rerouting Thousands: City Plans for L Train Closure

A new ferry route. Traffic restrictions on the Williamsburg Bridge. New bus lanes and wider sidewalks on 14th Street. These are just a few measures.

businessNews reuters.com

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

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

companyNews reuters.com

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

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

companyNews reuters.com

BRIEF-BSM Technologies Qtrly Loss Per Share $0.014​

* ‍TOTAL REVENUE OF $15.7 MILLION, AN INCREASE OF 5% COMPARED TO $15.0 MILLION IN Q4 F2016​

companyNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

Republicans forge tax deal, final votes seen next week

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

businessNews reuters.com

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

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