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Bitcoin hits bigger stage as exchange giant CME launches futures

NEW YORK (Reuters) - CME Group Inc, the world's largest derivatives exchange operator, began trading bitcoin futures on Sunday, with the contract opening at what is currently its session high and dropping over 6 percent within the first half hour.

businessNews reuters.com

Air Berlin receiver says optimistic on last-minute rescue for Niki: Sueddeutsche

FRANKFURT (Reuters) - A receiver of insolvent German airline Air Berlin told a newspaper he is optimistic about the sales process of the airline's subsidiary Niki after a number of would-be investors stepped forward under a fast-approaching deadline.

worldNews reuters.com

Chile's Pinera takes commanding lead in presidential vote

SANTIAGO (Reuters) - Conservative challenger Sebastian Pinera was on track to win Chile's presidential election on Sunday, after pledging to end his center-left predecessor's progressive agenda and jump-start growth in one of Latin America's most developed economies.

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UPDATE 3-Chile's Pinera takes commanding lead in presidential vote

SANTIAGO, Dec 17 (Reuters) - Conservative challenger Sebastian Pinera was on track to win Chile's presidential election on Sunday, after pledging to end his center-left predecessor's progressive agenda and jump-start growth in one of Latin America's most developed economies.

businessNews reuters.com

Aconex receives $1.19 billion takeover offer from Oracle Corp

(Reuters) - Aconex Ltd said on Monday it had received a A$1.56 billion ($1.19 billion), or A$7.80 in cash per share, buyout offer from U.S. software major Oracle Corp .

companyNews reuters.com

UPDATE 1-Aconex receives $1.19 bln takeover offer from Oracle Corp

Dec 18 (Reuters) - Aconex Ltd said on Monday it had received a A$1.56 billion ($1.19 billion), or A$7.80 in cash per share, buyout offer from U.S. software major Oracle Corp .

companyNews reuters.com

Aconex receives $1.19 bln takeover offer from Oracle Corp

Dec 18 (Reuters) - Aconex Ltd said on Monday it had received a A$1.56 billion ($1.19 billion), A$7.80 in cash per share, buyout offer from U.S. software major Oracle Corp .

businessNews reuters.com

Humana in talks to buy Kindred Healthcare with equity firms: source

NEW YORK (Reuters) - U.S. health insurer Humana Inc is in advanced talks to acquire acute care provider Kindred Healthcare Inc in partnership with private equity firms Welsh, Carson, Anderson & Stowe and TPG, a source familiar with the matter said on Sunday.

technologyNews reuters.com

Thales agrees 4.8 billion euro Gemalto takeover, Atos throws in towel

PARIS (Reuters) - Aerospace and defense group Thales has agreed to buy chipmaker Gemalto for 4.8 billion euros ($5.6 billion), trumping an earlier bid by fellow French firm Atos to expand in the fast-growing digital security market.

sportsNews reuters.com

NFL takes over probe into misconduct claims against Panthers owner

(Reuters) - The National Football League said on Sunday it has taken over an investigation into allegations of workplace misconduct by Carolina Panthers owner Jerry Richardson, two days after the team said it was launching an internal probe into the matter.

businessNews reuters.com

Niki Lauda says will be ready to bid for Niki airline on Dec 20: Handelsblatt

FRANKFURT (Reuters) - Former motor racing driver Niki Lauda aims to bid for the Austrian Niki airline, which he founded in 2003, next Wednesday, he said in a newspaper report, formally adding himself to the list of interested parties.

companyNews reuters.com

MIDEAST STOCKS-Region edges up, building-related shares boost Saudi before budget

* Saudi 2018 budget seen hiking infrastructure spending a bit

businessNews reuters.com

U.S. employers say CVS-Aetna deal would affect health-benefits decisions: survey

NEW YORK (Reuters) - CVS Corp’s proposed purchase of Aetna Inc will affect decision-making by a majority of large and mid-size U.S. corporations on employee health benefits, a survey by benefits consultant Aon Plc found.

technologyNews reuters.com

Thales agrees 4.8 billion euro Gemalto takeover to trump rival French bid

PARIS (Reuters) - Aerospace and defense group Thales has agreed to buy chipmaker Gemalto for 4.8 billion euros ($5.6 billion), trumping an earlier bid by fellow French firm Atos to take aim at a fast-growing digital security market.

sportsNews reuters.com

Sailing: Frenchman Gabart sets new round-the-world record

PARIS (Reuters) - Frenchman Francois Gabart set a world record for sailing around the world alone on Sunday, completing his journey in 42 days and 16 hours.

businessNews reuters.com

Thai Bev's unit seeks to buy a near $5 billion stake in Sabeco

Ho CHI MINH CITY/SINGAPORE (Reuters) - Vietnam's trade ministry said on Sunday that Vietnam Beverage Co Ltd, a unit of Thai Beverage , was the only investor seeking to buy all shares of Vietnamese brewer Sabeco on offer worth nearly $5 billion.

companyNews reuters.com

UPDATE 1-Thai Bev's unit seeks to buy a near $5 bln stake in Sabeco

* Ministry set to conduct auction on Monday (Recasts, adds details of Thai Bev's unit seeking to buy all Sabeco shares)

technologyNews reuters.com

Aerospace giant Thales agrees Gemalto takeover, trumps Atos offer

PARIS (Reuters) - Aerospace and defense technology group Thales has agreed to buy chipmaker Gemalto in an all-cash offer, promising to create a "world leader in digital security" and trumping an earlier takeover bid by tech firm Atos.

Baldwin, Alec nytimes.com

‘S.N.L.’ Takes On Omarosa Resignation (or Firing?)

Right before Christmas, “S.N.L.” delivered a holiday message from the White House, with President Trump (Alec Baldwin) and company decorating a tree.

businessNews reuters.com

Vietnam to name buyer of up to $5 billion stake in top brewer Sabeco

Ho CHI MINH CITY/SINGAPORE (Reuters) - Vietnam is set to auction an up to $5 billion stake in top brewer Sabeco on Monday, with Thai Beverage the only potential bidder to have expressed interest in a majority stake.

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Vietnam to name buyer of up to $5 bln stake in top brewer Sabeco

Ho CHI MINH CITY/SINGAPORE, Dec 17 (Reuters) - Vietnam is set to auction an up to $5 billion stake in top brewer Sabeco on Monday, with Thai Beverage the only potential bidder to have expressed interest in a majority stake.

businessNews reuters.com

Second bitcoin futures debut could lure volume to wild market

NEW YORK (Reuters) - Bitcoin investors expect futures volumes to perk up when CME Group Inc, the world's largest derivatives exchange operator, launches its own contract to wager on the cryptocurrency on Sunday.

businessNews reuters.com

U.S. renewable energy industry relieved as Republicans keep tax credits

WASHINGTON (Reuters) - The U.S. renewable energy industry expressed relief after a compromise Republican tax bill released late on Friday preserved key tax credits that had been at risk of being removed, but it raised concerns about a provision that may threaten investment in the sector.

businessNews reuters.com

CSX CEO Harrison dies months into railroad's turnaround effort

NEW YORK (Reuters) - CSX Corp Chief Executive Hunter Harrison has died, the freight railway operator said on Saturday, just a few days after announcing that the veteran rail executive hired earlier this year to boost its profits had taken a medical leave of absence.

businessNews reuters.com

CSX CEO Harrison dies months into railway's turnaround effort

NEW YORK (Reuters) - CSX Corp Chief Executive Hunter Harrison has died, the freight railway operator said on Saturday, just a few days after announcing that the veteran rail executive hired earlier this year to boost its profits had taken a medical leave of absence.

businessNews reuters.com

CSX CEO Harrison dies days after medical leave announced

NEW YORK (Reuters) - CSX Corp Chief Executive Hunter Harrison has died, the freight railway operator said on Saturday, just a few days after announcing that he was taking a medical leave of absence.

businessNews reuters.com

U.S. labor board adopts business-friendly 'micro union' test

(Reuters) - A U.S. labor agency on Friday made it tougher for workers to form so-called micro unions made up of small groups of a company's employees, reversing an Obama-era decision that had been sharply criticized by companies.

businessNews reuters.com

U.S. renewable fuel industry relieved as Republicans keep tax credits

WASHINGTON (Reuters) - The U.S. renewable energy industry expressed relief after a compromise Republican tax bill released late on Friday preserved key tax credits that had been at risk of being removed, but it raised concerns about a provision that may threaten investment in the sector.

topNews reuters.com

Winds fuel California wildfire, state's third-largest on record

LOS ANGELES (Reuters) - A raging California wildfire on Saturday became the state's third-largest on record, with more devastation possible from a resurgence of the harsh winds that have fueled the deadly blaze since the beginning of the month.

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Brazilian prosecutors ask state bank Caixa to remove vice presidents

BRASILIA (Reuters) - Brazilian prosecutors have asked that all the vice presidents of Caixa Economica Federal be replaced for what officials suspect are "irregularities" at the state bank, according to a document made public late on Friday.

environmentNews reuters.com

Winds fuel California wildfire, state's third largest on record

LOS ANGELES (Reuters) - A raging California wildfire on Saturday became the state's third largest blaze on record, with more devastation possible from a resurgence of the harsh winds that have fueled the deadly fire since the beginning of the month.

businessNews reuters.com

Metlife says it failed to pay some pensions, flags hit to reserves

NEW YORK (Reuters) - Metlife Inc failed to pay pensions to potentially tens of thousands of people and will have to strengthen its reserves because of the costs of finding and repaying them, the New York insurer said. Metlife said in a filing on Friday that it believed the group missing out on the payments represented less than 5 percent of about 600,000 people who receive benefits from the company via its retirement business. Those affected generally have average benefits of le

environmentNews reuters.com

California wildfire rages as third largest recorded in state

LOS ANGELES (Reuters) - A raging California wildfire on Saturday became the state's third largest blaze on record, with more devastation possible from a resurgence of the harsh winds that have fueled the deadly fire's growth.

cnn.com

55 mph winds forecast for fire-ravaged California

Firefighters battling the Thomas Fire will face more challenges Saturday with the return of powerful winds as the blaze marks a grim milestone in size.

worldNews reuters.com

Australian PM's future at stake in crucial Sydney by-election

SYDNEY (Reuters) - Voters began casting ballots in a Sydney by-election on Saturday that could determine the future of Australian Prime Minister Malcolm Turnbull, who is hoping to regain his parliamentary majority and safeguard his leadership.

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.

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.

politicsNews reuters.com

Final Republican tax bill slashes U.S. corporate rate, voting next week

WASHINGTON (Reuters) - Congressional Republicans on Friday unveiled the final version of their dramatic U.S. tax overhaul - debt-financed cuts for businesses, the wealthy and some middle-class Americans - and picked up crucial support from two wavering senators ahead of planned votes by lawmakers early next week.

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.

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.

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.

politicsNews reuters.com

Final Republican tax bill slashes U.S. corporate rate: summary

WASHINGTON (Reuters) - Congressional Republicans' final tax legislation proposes cutting taxes as expected for businesses, the wealthy and some middle-class Americans, according to a summary seen by Reuters on Friday, with decisive votes expected next week in a critical moment for the party and President Donald Trump.

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-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

US STOCKS-Wall St closes at records with tax overhaul in sight

* Indexes up: Dow 0.58 pct, S&P 0.9 pct, Nasdaq 1.17 pct (Updates to close, adds commentary, volume numbers)

companyNews reuters.com

BRIEF-Calpine Corp Announces Closings Of Senior Secured Notes Offering And Term Loan Facility

* CALPINE CORPORATION ANNOUNCES CLOSINGS OF SENIOR SECURED NOTES OFFERING AND TERM LOAN FACILITY Source text for Eikon: Further company coverage:

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.

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.

companyNews reuters.com

BRIEF-Eric Watson Reports 15.1 Pct Stake In Long Island Iced Tea

* ERIC J. WATSON REPORTS A 15.1 PERCENT STAKE IN LONG ISLAND ICED TEA CORP AS OF DECEMBER 6, 2017 - SEC FILING

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

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.

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.

companyNews reuters.com

US STOCKS-Wall St at record on rising hopes of tax overhaul

* Indexes up: Dow 0.6 pct, S&P 0.84 pct, Nasdaq 0.99 pct (Updates to early afternoon trading)

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.

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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.

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.

worldNews reuters.com

Man with knife shot at Schiphol airport, taken into custody - police

AMSTERDAM (Reuters) - A man wielding a knife was shot by military police on Friday at Amsterdam's Schiphol Airport and taken into custody, an official said.

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.

companyNews reuters.com

BRIEF-Alliant Energy Corp Files For Potential Mixed Shelf Offering; Size Not Disclosed

* ALLIANT ENERGY CORP FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING Source text for Eikon: [ID: http://bit.ly/2jYvF5S Further company coverage:

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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.

companyNews reuters.com

France moves to rein in corporate borrowing binge

PARIS, Dec 15 (Reuters) - France's financial stability council said on Friday that it planned to set a cap on large banks' exposure to highly indebted companies after big French firms binged on cheap debt in recent years amid record low interest rates.

technologyNews reuters.com

UK watchdog to take closer look at initial coin offerings

LONDON (Reuters) - Britain's markets watchdog will step up its scrutiny of the initial coin offering (ICO) market to see if new rules are needed to protect investors after issuing an alert in September.

companyNews reuters.com

CORRECTED-BRIEF-METLIFE EXPECTS CORPORATE, OTHER OPERATING LOSS OF $450-650 MLN AFTER-TAX IN 2018

* EXPECTS GROUP BENEFIT UNIT PREMIUMS, FEES, OTHER REVENUE TO GROW 3 TO 5 PERCENT - OUTLOOK CALL

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.

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

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

BRIEF-Wabash National Corporation Announces New Board Member

* WABASH NATIONAL CORP- APPOINTMENT OF JOHN BOSS BRINGS CO'S BOARD TO EIGHT MEMBERS Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Power Corporation Announces The Retirement Of Henri-Paul Rousseau

* POWER CORPORATION ANNOUNCES THE RETIREMENT OF HENRI-PAUL ROUSSEAU

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.

topNews reuters.com

CSX CEO Hunter Harrison takes medical leave amid rail overhaul

(Reuters) - CSX Corp said on Thursday its Chief Executive Officer Hunter Harrison was taking medical leave, an announcement that comes amid of a controversial turnaround plan at the No. 3 U.S. railroad that has drawn customer criticism and scrutiny from regulators. The Jacksonville, Florida-based railroad said Harrison, 73, was taking a leave of absence due to 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.

technologyNews reuters.com

Bitcoin hits new record high as warnings grow louder

LONDON (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument.

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.

healthNews reuters.com

EU drugs agency says move to new HQ may take longer

LONDON (Reuters) - The European drugs agency said on Friday its new headquarters in Amsterdam may not be ready by the time it has to leave London due to Brexit because the building will not be completed.

technologyNews reuters.com

Bitcoin hits new record high as warnings grow

LONDON (Reuters) - Bitcoin blasted to another all-time high of just over $17,750 on Friday, up 8 percent on the day, as concerns grew over the risks of investing in the highly volatile and speculative instrument.

companyNews reuters.com

BRIEF-Scandium International Mining Revises Renewed Existing Scandium Product Offtake Sales Agreement

* SCANDIUM INTERNATIONAL MINING- ON DEC 14, 2017 HAS REVISED, RENEWED EXISTING SCANDIUM PRODUCT OFFTAKE SALES AGREEMENT ENTERED IN 2015 WITH ALCERECO INC

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.

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

Banco do Brasil unit keeps Neoenergia stake after failed IPO

SAO PAULO, Dec 15 (Reuters) - BB Banco de Investimento SA, a wholly owned subsidiary of state-run Banco do Brasil, will keep its 9.35 percent ownership of electricity company Neoenergia SA after the utility canceled plans for an initial public offering, the bank said in a securities filing late on Thursday.

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.

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.

companyNews reuters.com

BRIEF-Formosa Plastics sells stake in Micron Technology for $86.9 mln

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

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.

companyNews reuters.com

BRIEF-BP To Invest $200 Mln In Lightsource Over 3 Years For 43 Pct Stake

* BP TO INVEST $200M IN LIGHTSOURCE OVER THREE YEARS FOR A 43% STAKE IN THE BUSINESS‍​

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.

companyNews reuters.com

UPDATE 1-CSX CEO Hunter Harrison takes medical leave amid rail overhaul

Dec 14 (Reuters) - CSX Corp said on Thursday its Chief Executive Officer Hunter Harrison was taking medical leave, an announcement that comes amid of a controversial turnaround plan at the No. 3 U.S. railroad that has drawn customer criticism and scrutiny from regulators.

companyNews reuters.com

UPDATE 2-Hedge fund Elliott prepares second challenge to Hess Corp

Dec 14 (Reuters) - Elliott Management Corp is readying for a new fight with Hess Corp to remedy what the activist hedge fund called on Thursday "continuing underperformance" by the U.S. oil and gas producer.

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.

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

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

UPDATE 1-Hedge fund Elliott prepares second challenge to Hess Corp

Dec 14 (Reuters) - Elliott Management Corp is readying for a new fight with Hess Corp to help remedy what the activist hedge fund called on Thursday "continuing underperformance" by the U.S. oil and gas producer.

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

Statkraft sells Sheringham Shoal wind farm stake to UK's Equitix

Dec 14 (Reuters) - Norway's state-owned power firm Statkraft said on Thursday it had agreed to sell its stake in the Sheringham Shoal offshore wind farm to UK fund manager Equitix.

United States Politics and Government nytimes.com

On Washington: With New Focus on Sexual Misconduct, Democrats Take Aim at Trump

After purging some from their ranks, Democrats are intensifying a push to investigate the president over accusations of harassment and abuse.

cnn.com

'Sunday Night Football' takes a big hit

companyNews reuters.com

BRIEF-Oncor And Sempra Energy Reach Settlement Agreement With Several Key Texas Stakeholders

* ONCOR AND SEMPRA ENERGY REACH SETTLEMENT AGREEMENT WITH SEVERAL KEY TEXAS STAKEHOLDERS

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

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

BRIEF-Elliott seeks to remove John Hess as CEO Of Hess Corp - CNBC, citing Dow Jones ‍​

* ELLIOTT SEEKS TO REMOVE JOHN HESS AS CEO OF HESS CORP. OR GET HIM TO CONSIDER SALE; ALSO SEEKS DIVIDEND CUT, MORE BUYBACKS - CNBC, CITING DOW JONES ‍​

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.

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.

companyNews reuters.com

BRIEF-The Anschutz Foundation Reports 8.67 Pct Passive Stake In Regal Entertainment Group

* THE ANSCHUTZ FOUNDATION REPORTS 8.67 PERCENT PASSIVE STAKE IN REGAL ENTERTAINMENT GROUP AS OF DECEMBER 4 - SEC FILING Source text : http://bit.ly/2ksCETW Further company coverage:

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.

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.

companyNews reuters.com

BRIEF-Webster Financial Corp Files For Potential Mixed Shelf

* WEBSTER FINANCIAL CORP FILES FOR POTENTIAL MIXED SHELF; SIZE NOT DISCLOSED - SEC FILING Source text: (http://bit.ly/2B07RWE) Further company coverage:

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.

companyNews reuters.com

BRIEF-Gtt Signs New Global Services Agreement With Chevron Transport Corporation Ltd

* SIGNS NEW GLOBAL SERVICES AGREEMENT WITH CHEVRON TRANSPORT CORPORATION LTD.

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)

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)

companyNews reuters.com

BRIEF-Sabby Management​ Reports 9.99 Pct Passive Stake In InspireMD

* SABBY MANAGEMENT​ REPORTS 9.99 PERCENT PASSIVE STAKE IN INSPIREMD AS OF DEC 12 - SEC FILING‍ Source text: (http://bit.ly/2zcFtkG) Further company coverage:

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.

environmentNews reuters.com

U.S. weather forecaster sees La Niña chances exceeding 80 percent

(Reuters) - A U.S. government weather forecaster on Thursday said La Niña conditions are predicted to continue through the Northern Hemisphere winter 2017-18.

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

companyNews reuters.com

BRIEF-Overstock, tZERO And Siebert Financial Corp Execute Letter Of Intent To Offer Discount Trading

* OVERSTOCK, TZERO AND SIEBERT FINANCIAL CORP. EXECUTE LETTER OF INTENT TO OFFER DISCOUNT TRADING

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.

cnn.com

What the end of net neutrality means and what's at stake

businessNews reuters.com

Delta Air Lines to place order for Airbus jets

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

businessNews reuters.com

Global stocks edge up amid central bank bonanza

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

businessNews reuters.com

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

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

companyNews reuters.com

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.

companyNews reuters.com

Bombardier forecasts 2018 revenue below Street estimates

Dec 14 (Reuters) - Canadian plane and train maker Bombardier Inc on Thursday forecast 2018 revenue to be $17.0 billion to $17.5 billion, well below Wall Street expectations.

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.

businessNews reuters.com

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

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

businessNews reuters.com

European stocks, euro dip as central banks dominate

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

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.

Illegal Immigration nytimes.com

Feature: ‘Will They Take Me, Too?’

More than a thousand children are counting on Nora Sándigo to become their guardian if their undocumented parents are deported. How many of those promises will she now have to keep?

Handbags and Purses nytimes.com

Christie’s Just Set Another Auction Record, for Handbag Sales

In Paris, it was Birkins at dawn, and under the gavel.

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.